The new corporate minimum tax

The G7 have agreed in June 2021 on a new global corporate minimum tax. The Finance Finance Ministers of the G7 agreed the principles of an ambitious two Pillar global solution to tackle the tax challenges arising from an increasingly globalised and digital global economy. The details of the agreed principles will be finalised in… Continue reading The new corporate minimum tax

How Benchmarking leads to excellence

Market changes, social changes and technological progress lead to an ongoing need to adapt your business model. In order to remain competitive, changes are necessary, which have to be considered in strategy and planning and subsequently implemented. Benchmarking is a method to help you to identify performance gaps in comparison to other market participants. Strategy… Continue reading How Benchmarking leads to excellence

How to start your ESG rating

Enterprises are social organisations that follow a purpose. For a long time, this purpose was capital-oriented. Accordingly, most business valuation models are cash flow oriented and show the return on investment from the owner’s point of view. However, the total value of a company is made up of financial, social, environmental and governance-related values. This… Continue reading How to start your ESG rating

A questionnaire for evaluating ESG performance

This questionnaire provides an overview for measuring ESG performance. With this questionnaire it can be evaluated whether a) a company actively addresses the ESG impacts of its business activities and b) whether a company sustainably delivers positive and measurable performance in all value dimensions (economic, social, environmental and governance/compliance) for society and the economy. 1.1… Continue reading A questionnaire for evaluating ESG performance

Classic investment controlling in a group

Investment controlling in an international group can be exercised through reporting or cash management. The scope and governance of investment controlling defines the subsidiaries’ options and freedom of action. The investment controlling for a subsidiary tracks the strategy execution and reduces risks. Cash management for investment controlling The monitoring of cash flows in a cash… Continue reading Classic investment controlling in a group

Finance Department Organization in SME’s

In a Small-Medium Enterprise (SME) several accounting and financial-related tasks are typically headed by the Finance Manager. Whereas in large corporates these tasks are separated under different responsibilities, in SME’s these are often bundled in the Finance Department. The Finance Department of a SME is therefore often composed of these departments: Accounting, Controlling, Treasury, IT… Continue reading Finance Department Organization in SME’s

Does Higher Risk Lead to Higher Returns?

When you put your effort, trust and money into something, you expect them to bear returns after a certain period. Essentially, you will be risking all these aspects with the hope of reaping returns. Even in business, there is a general assumption that higher risks equal higher returns, which is basically known as risk return… Continue reading Does Higher Risk Lead to Higher Returns?

Internal and external controls in European companies

The reliability of the financial results of a company is of great importance, as they represent an important information for financiers, banks, business partners, etc. The financial information shall reflect the true and fair view of the assets, liabilities, financial positions and profit or loss (based on the internal controls of the company) and shall… Continue reading Internal and external controls in European companies

All about Crowdfunding

Crowdfunding has changed since the first exciting days, and several new trends show the maturing industry. As an alternative financing method it enables you to finance your products via the crowd. Campaigns need to be set-up properly in order to launch a successful financing round. In this article you will find a lot of tips… Continue reading All about Crowdfunding