Sunday, 30 January 2011
Financial Acumen
So I haven’t managed to create an exchange rate mechanism for utility, yet. However a definite highlight of my week last week was a financial acumen training course provided by an external consultant in Paris. Finally I genuinely understand how to relate balance sheets to capital productivity to total revenues to P&L statements to Return on Invested Capital. Not only do I now understand this for both financial and non financial companies (Return on Invested Equity versus Return on Invested Capital), I can also evaluate all of my current business opportunities using this framework. And who said CFOs are boring?!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment