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What does david waltz think?

Fortune 500 Financial Officer interested in business, finance, strategy, leadership and treasury operations. Author of Treasury Cafe blog - http://treasurycafe.blogspot.com Financial Transactions (Debt, Equity, Hybrids, Credit Facilities), Risk Management, Cash Management, Investment Management ... See full profile

Even if one gets comfort from a stable bank relationship, there is still risk. If the bank should 'go under', or sell itself to another to shore...
I echo the suggestions of those recommending soliciting the bank's input. Given the objective of the audit is to obtain bank/project financing, you...
For security reasons, rejecting the original payment is a safer approach. Otherwise, you may inadvertently be a money laundering accomplice or take...
The fact that the number is positive is the indication it is earning in excess of 10% - an investment earning exactly 10% would have a $0 NPV. When...
Perhaps the "it's better to beg forgiveness than permission" approach? Go ahead and evaluate the marketing, talk to the customers, etc. and maybe he...
Wayne, While GAAP is a must for financial reporting purposes, for management purposes it is often helpful to provide other views of financial...
Ronald, Great question! Depending on what the calculation is being used for I think you need to be careful as to the interpretation. If you are...
For capital structure issues the theories say to use market value rather than book value as you suggest. For financial ratios there is a little more...
My suggestion is that you separate the concept of geography from that of organization. With the ever increasing variety of technology and...
Failure is often the best sign that learning and development are taking place. I once had someone challenge me on the ski slopes one day about going...
M. I recently ran an 1 1/2 hour meeting on the nature of low probability / high impact events that could impact our company. In order to generate...
Michel - thanks for the feedback. Good luck creating your PPM.
You can probably get a long way towards the risks by reviewing public company's 10-K's in your industry and then tweaking for your specific situation.
We are all answering using the terminology. Would it be helpful to clearly define the characteristics that make a "strategic plan" vs. those that...
Some banks are further ahead than others, but depending on the individual firm's sitation, such as where around the globe they are doing business,...
Assuming we are using ROI in the sense of Jake's example (IRR et al), the two measures can be related, so it is not an either/or situation. EVA is...
There is a Wikipedia entry that compares both open source and proprietary accounting systems that might be helpful: http://en.wikipedia.org/wiki/...
Also, while most won't invest if this is the case, in a situation where they cannot provide any added value other than funding.
We break down Treasury into 4 areas: Cash Management and ST Finance, LT Finance and Financial Planning, Investments (Pension, Misc. Subs, etc.) and...
Recording macros is a great way to introduce someone to the concept and get them up and running, but learning some of the language is important...
Macros make Excel work easier in that they eliminate repetitive actions, making you more efficient in your efforts. Specifically for financial plan...
Robert - The advantage to spreadsheets is that you can customize as much as you want. The disadvantage is that it can be quite manual. Some of the "...
Isn't option 1 the thing they do not prefer - periodic payouts rather than a "clean exit"? This is borrowing from other industries such as power,...
A lot of Irish banks are under stress due to the country's economic status as one of the "PIIGS", so consider carefully if your funds are going to be...
When considering them in collateral situations where posting cash is also an option L/C's can be a more expensive alternative depending on what your...