Liquidity Early Warning Indicators: Eight Signals
Eight early warning signals of a cash squeeze, how to measure them, a monitoring routine and the loss-of-capital threshold in Turkish company…
INSIGHTS
Insights
Articles on cash flow, budgeting, reporting and financial management. They are for general information; for an assessment specific to your company, you can request an initial conversation.
Late Collections Scenario: How to Run a Cash Stress Test
How to build late-collection scenarios on the weekly cash plan, find the lowest cash point and decide by when actions must start.
The Cash Conversion Cycle: Calculation and How to Shorten It
How to calculate the cash conversion cycle, its effect on working capital and how to shorten it through receivables, inventory and payables.…
The Monthly Management Report for Business Owners: What to Include and How to Read It
The sections of a monthly management report: executive summary, margins, cash and working capital, budget variances, key indicators and decisions.
Financial Preparation Before a Concordat Application in Turkey
The financial side of a Turkish concordat application: Article 286 documents, the creditor list, the bankruptcy comparison, the assurance report and the…
Gross Margin vs Contribution Margin in Pricing Decisions
Is a product showing a gross loss really loss-making? The difference between gross profit and contribution margin, and the right measure for…
Fractional or Full-Time CFO? Seven Criteria for the Decision
The difference between a fractional and a full-time CFO, and seven criteria for the decision: decision density, team maturity, agenda, cost and…
BOBİ FRS or TFRS? Which Turkish Financial Reporting Framework Applies?
Obligation to apply TFRS, independent audit scope and the limited choice available: the decision steps for preparing financial statements under TFRS or…
Budget vs Forecast: What Is the Difference?
The budget sets the target; the forecast shows the current expectation. Why both are needed, when to revise the budget and how…
The Financial Reporting Pack for the Board
What a board pack should contain: cover note, financial summary, full-year outlook, financing, strategic indicators, risks and the decision agenda.
Professionalising a Family Business: Where the Finance Function Starts
First steps in professionalising a family business: separating company and family spending, an authority matrix, regular reporting, a budget and a stronger…
DSCR (Debt Service Coverage Ratio): Calculation and Presentation to Lenders
How to calculate DSCR, what goes into the numerator and denominator and what to show lenders. A hypothetical example and common mistakes.