On 4 April, 2016 the U.S. Treasury and IRS announced proposed new regulations under Code Section 385 aimed at curbing earnings stripping by multinational organisations through the use of intercompany debt. A central part of these proposed regulations are new Documentation Requirements….
When setting up a forecasting process, there are two main forecasting methods to be considered – direct and indirect. In this blog post we look the attributes of each method including; when they should be used, how they differ, and the pros and cons of each.
It’s been two months since the U.S. Treasury and IRS surprised the market by announcing proposed regulations designed to curb earnings stripping by U.S. based multinationals through the use of related party debt. These proposed regulations, issued under section 385 of the code, are anticipated to have wide ranging effects …..
On 4 April 2016, the U.S. Treasury and Inland Revenue Service (IRS) issued temporary and proposed regulations aimed at curbing corporate inversions and earnings stripping. The proposed regulations will have a far wider reach than just corporate inversions and, if implemented as proposed, are expected to dramatically…..
Conversations about forecasting accuracy happen at a number of different levels within finance teams. They can be between treasury and the CFO or treasury and entity controllers. Although the conversations can vary in nature, the issue discussed is often similar, how accurate are our cash forecasts and how do we improve it in order to make better working capital and funding decisions?
In today’s economic environment no one needs to be reminded of the importance of cash and efficient liquidity management planning. Corporate culture now focuses more intently on cash than ever before. Open the annual report of any large public organisation and cash related KPI’s are sure to be front and centre of business performance summaries.
CashAnalytics will once again be exhibiting at Europe’s largest Treasury event, the EuroFinance International Cash and Treasury Management Conference. This year’s event will be held in Copenhagen and runs from 23-25 September.
Head office treasury and finance teams often find themselves in a frustrating position when it comes to managing working capital across their organisation. While they play a critical role in the provision of liquidity they sometimes have limited ability to influence the efficiency of the working capital process they fund.
Last week in Mannheim at the Finanzsymposium we delivered a cash flow forecasting workshop specifically for companies who operate in a multi location environment and are either starting or running a cash forecasting process. The workshops were well attended and we had some very interesting feedback and debate among the participants. I hope people left with a sense that cash flow forecasting and liquidity planning need not be the arduous task that it sometimes turns into to.