article thumbnail

How Can I Choose Management Software That’s Right for My Church?

Strategy Driven

This article looks at how to choose the best management software for your church. Keeping records of donations, contributions, and other financial records is a must for any company. They produce the GAAP principles which state how non-profits should have a fund accounting system in place. But what information does that include?

article thumbnail

Giving Executives 40% of Revenue is Insane

Curious Cat

It is a stain on those participating in the looting of companies for the benefit of the executive bureaucrats – those that enable them to siphon off the returns generated by companies into their pockets. From the article (linked above), Facebook gave executives 12.8% No company does. It is destructive.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Blueprint for Digital Companies’ Financial Reporting

Harvard Business Review

In a recent HBR article , we claimed that modern digital companies such as Uber, Facebook, and Alphabet play an increasingly important role in the economy, but their financial statements fail to capture company’s main value drivers. The first category should describe the amount spent on supporting current operations.

Report 8
article thumbnail

Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

The market caps of just four companies, Apple, Alphabet, Amazon, and Microsoft, now exceed $3 trillion. Their combined assets of $944 billion are an order of magnitude lower than the combined assets of $7,700 billion of the largest 3,177 companies in 1986, when the aggregate market capitalization reached $3 trillion for the first time.

Report 8
article thumbnail

The Dangers of Digital Protectionism

Harvard Business Review

Still others hope to create market barriers for global companies — a form of digital protectionism. These solutions lie at the intersection of technology development by companies and policy formulation by governments. follows Generally Accepted Accounting Principles (GAAP), developed through a rules-based approach.

article thumbnail

Reclaiming the Idea of Shareholder Value

Harvard Business Review

Investors and others ask why companies binge on buybacks while skimping on value-creating investment opportunities. But discussions of corporate governance invariably miss the real problem: most public companies have extensive governance procedures but no governing objective. Corporate governance issues are constantly in the headlines.

article thumbnail

Why Leaders Are Still So Hesitant to Invest in New Business Models

Harvard Business Review

Despite the fact that executives could improve the value and performance of their companies by shifting capital from under-performing business units to better performing units, most choose to allocate their resources the same way year after year. These leaders often head legacy companies that have long histories in physical industries.