One item you will commonly find on the balance sheet of a public listed company is goodwillTo many non-financially trained people, this is a confusing term

As a presenter, it is important to capture and continue to engage the attention of your audience throughout your entire presentation A very effective way of doing this is to use stories

When you pick up an annual report, you would likely come across terms like “company”,“subsidiaries” , “associates” and “joint ventures” What do they mean, and how do they differ from each other

The sales presentation is normally perceived to be a challenging one by mostpresenters This is because in addition to just getting the attention of the audience, the presenter needs to get action from them in the form of a sale

Cash is King Cash is king Cash is the life blood of the business

Make or Break Managing working capital is a critical component of financial management It can make or break a company

It costs your organisation a lot in terms of time and resources for your annual budgeting exercise Are you getting the most benefit from it, or is it only a form-filling formality initiated by finance department and begrudged by other department heads

by James Leong Chan Foo, Chartered Accountant (Australia) Uncertain economic times In the current challenging global economic environment, there is downward pressure on sales and margins The overall effect is an adverse impact on the bottom line, leading to lower profits or even losses

You need to ask management for more human resources to handle the volume of work in your department Management is averse to increasing expenses

Are you mustering the power of humour in your presentations When used appropriately, it helps you to build tremendous rapport with your audience, gets your point across with impact and develops your reputation as an entertaining and engaging speaker

Research shows that in face to face communication, body language makes up more than half the meaning of your communication Your audience searches your body language for visual cues of meaning, such as your enthusiasm, credibility and emotions behind your message

Understanding the relationships between costs, volume and selling price as well as comprehending cost behavior can help to steer your company better in these tough economic times Understanding Cost Behavior We know that certain costs in running a business are fixed, while others are variable Variable costs are those that vary with sales volume

Giving customers credit is a necessary part of business So is managing it