Eurozone Germany Signals Shift on Europe Aid http://t.co/AcnaysGz “a common fiscal policy would be irreversible and well coordinated.” $$ Jun 29, 2012 Bermuda on track to comply with EU insurer rules http://t.co/TFdvIr1D If not, cos reinsured could not take full reserve credit;wud lose biz Jun 26, 2012 How Germany’s euro fight has turned Orwellian […]
Archive | June, 2012
Not everyone in the accounting profession gets excited about bar graphs and pie charts. I’m one of them. Thanks to my friend, Michelle Golden, for leading me to this great photo of my kind of pie chart. Read Original Post
June 28, 2012, in a 5 to 4 decision, the U.S. Supreme Court ruled that the Affordable Health Care Act, commonly known as Obamacare, and the individual mandate are constitutional within the taxing authority of congress. Other details of the decision are still being deciphered. This decision paves the way for significant portions of the […]
If you’ve read me for more than two months, you probably know that I am an actuary, though not a practicing actuary at present. I grew up in the life insurance industry. It’s an unusual place for an investor to start, but there are some advantages: You learn some of the most complex accounting rules […]
This week-end my “off topic or even weird” blog post borders on the darker side = Death. My message might be centered around death but it made me smile and actually is rather uplifting. Quite a few years ago, people began putting pictures of their departed loved ones on the tombstone. As I wandered many […]
Business intelligence dashboards can empower the CFO and finance department in their quest to better serve the business. When designed and implemented properly, dashboards help align corporate goals and strategy, improve efficiency, and provide the timely insights needed to help an organization focus on looking forward rather than backward.
But implementing and championing the use of dashboards in the finance department is not easy. Here are 7 Steps to help CFOs create organizational change through dashboards.
If you’re going to commit a crime, you might as well go big. Why limit your tax fraud to a few thousand dollars when you can get $2.1 million for your efforts. Krystle Marie Reyes from Salem Oregon was arrested for submitting an Oregon state tax return requesting the huge refund on a tax return […]
In the process of preparing for the review of Hedge Fund Market Wizards I posted yesterday I went back and read some of the reviews of prior Market Wizards books. I have long been an advocate of the series, and remain so with the addition of the new book, it’s worth seeing what those who […]
With the Lump Sum Offer to its members, GM is terminating the pension and the PBGC will no longer insure the Prudential annuity. We have updated our White Paper – with numbers, data and scenarios – analyzing the GM Lump Sum offer to help GM retirees decipher their lump sum offer from General Motors. This […]
The Wall Street Journal had an article on risk control that had the attitude of “here are some silver bullets.” Ugh. When will journalists learn that there are no simple solutions to portfolio management? “Risk-allocation turns 50 years of portfolio theory on its head.” Ain’t true. Modern Portfolio Theory is garbage, but so is this. […]