Today’s accounting department must not only deal with the collection of financial information, but has to deal with non-financial information, controlling, IT and process topics to demonstrate that valid, meaningful data can be provided to various stakeholders. The increasing complexity should lead to more transparency, but accounting departments have to adapt to the new requirements. […]
Corporate planning is one of the most important tasks of the management and serves the presentation and calculation of possible future developments. Making the future plannable depends on a number of variables: one of these variables is risk. Risk always includes opportunities. The higher the risk, the higher the chances. Nevertheless, dealing with risk often […]
Over the past decade, the framework conditions in nearly all industries have changed fundamentally. What at first glance looks like a global process of change is much more complex on closer analysis. Both the starting position, the direction and the extent of the necessary transformation processes in the industry are very different from region to […]
Big data is the term used to describe large amounts of data in reference to businesses. It is collected from a variety of sources such as social media or business sales. Big data can be used to save you time and money when developing new products. Combining big data benefits with other research can help […]
