ASC 842 makes organizations record most leases on the balance sheet. The standard is designed to address the concept of off-balance sheet operating leases. Due to COVID, the adoption was postponed (1) additional year. Private companies now have to begin the transition...
Quarter 1 2021 Trends Report This report is a synthesis of news and trends seen in the last quarter. This update is focused solely on themes of operational significance. The take-a-ways are meant to foster ideas and promote creative thinking as each organization will...
In looking back at 2020’s economic impacts and then planning forwards through 2021, the critical question becomes could this be a 12-month reverse recovery curve or a more protracted 36-month course correction? General consensus at the moment is trending toward Q4...
What Keeps You Up At Night? Budget: Cloudy Payroll: Revenue Forecasts & CapEx Allocations? Outsource vs Insource? Strategy: Critical Rethinking of Needs? Liability Reduction: Lease restructuring, terminations, asset monetization, and rightsizing? Can you better...
In a Time of Ongoing Change, The Need to Scale Up and Down Effectively More change is on the horizon in 2021. It will be imperative to maintain core operating needs while enabling elasticity to adjust to ongoing uncertainty and volatility. Our Operations...
Given the financial and operational impact created as a result of the pandemic, organizations have had to adjust their forecasts, modify day-to-day operations and overall, rethink the way they will likely do business moving forward. Transformational change will...
Given the financial and operational impact created as a result of the pandemic, organizations have had to adjust their forecasts, modify day-to-day operations and overall, rethink the way they will likely do business moving forward. Transformational change will...
Pre-COVID financial models may no longer apply. Be it zero-based budgeting or just being operationally cautious, there is good reason to believe creating a more agile fixed cost environment may be prudent. Highlights Revenue Forecasts Remain Uncertain Benefits:...
We’ve all adapted to an ever-changing environment by leveraging technology and our abilities to creatively re-engineer our work paradigms. Highlights The majority of companies surveyed throughout the COVID crisis have said they plan some type of permanent changes to...
Short-term, localized, finite. These are the ways we have traditionally approached an “interruption”. Highlights The Term Disaster Recovery referred to localized disruptions to a given geographic area Benefits: Reimagining what a business disruption is / could be....
