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Reconciliation: Playing By Your Own Set of Rules

Every time I cover this topic at a seminar or with a new client, I receive blank stares.  In my opinion, reconciliation is a vital step and THE ONLY validating step of ANY effective costing model....

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Reconciliation: Take a Look Around

I had lunch last week with a consulting colleague of mine and she was talking about her experiences which rang true to my own. One of the biggest challenges she sees is that CFOs and controllers do not...

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