This is Part Two of our series making sense of finance in the marketing process.

In our previous article on Finance for Marketing Managers, we looked quite closely at the first item of the Income Statement, namely Sales and the revenue coming from the effort of selling.

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As many accountants and finance professionals are aware, the International Accounting Standards Board (IASB) has been busy drafting revised accounting standards.

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‘During the time period leading up to the attacks on the Victims, HSBC knowingly laundered billions of dollars for the Mexican cartels who committed the attacks, including the Sinaloa, Juárez, and Los Zetas Cartels, knowing or deliberately disregarding the fact that said funds would be used to support the Mexican cartels and their terrorist acts against Mexican and U.S. citizens.’

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Following our successful delivery of the first ever open training workshops on IPSAS

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Frixos Zempylas is leading IPSAS training workshops in Nicosia this year

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Marketing managers are often faced with a variety of strategies that they must decide on. Assuming that the final goals of marketing management are usually finance-based, evaluation of each alternative is needed so that the impact on the organisation’s financial performance and position can be made. 

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In the aftermath of the recent 2008 - 2012 financial crisis, governments have literally taken over financial institutions and have been continually pumping money into the real economy.

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Part 2 of getting to know Anti-Money Laundering (AML) policies and how they effectively protect your organisation. In this article, we talk about the challenges faced by AML Compliance Officers

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Abracadabra, Alakazam! Have you ever been to a magic show? Or perhaps you’ve mastered a few magic tricks of your own! Magic is the art of performing tricks, rituals and stunts that change how people see reality. When it comes to magic, things aren’t always as they seem, and mysterious forces appear to be at work. Coins seem to disappear into thin air, while animals may appear out of nowhere! When it comes to magic, sometimes it’s hard to tell what is real and what isn’t! Who makes it all possible? 

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We continue our series of articles meant to help shareholders in their investment decisions.

In this third article, we look at the Balance Sheet, how assets are valued, as well as how this valuation impacts the company’s shares.

The financial position of companies, at any point in time is shown in what we call a Balance Sheet or indeed, as it is nowadays called, the Statement of Financial Position. In its basic form a balance sheet shows, on the one hand, all the assets of the firm, and on the other hand, how these assets are represented by the various liabilities the firm has committed itself to or, if you like, how these assets were financed.

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