Introduction Consider this scenario, LendCo is an entity in the financial services space which lends money to businesses. LendCo creates various products such as car loans, mortgages, credit card loans and leases. These loan products have receivables in the form of principal repayments and interest payments, which the borrowers commit to settling over the agreed …

Have you ever developed a financial model for a client or your organization and later found out that the spreadsheet had errors? What did you do? Did you go to your supervisor or the client and tell them …? Person 1: “Oh, by the way, do you know the model we built for Project Y …

Introduction In the ever-evolving landscape of the financial services sector, innovation, especially the meteoric rise of Artificial Intelligence, has become the driving force behind adaptability. For decades, the global financial industry languished in old-school ways, leaving inefficiency in its wake. But the dawn of computing and AI in the early 80s triggered a seismic shift …

In recent years, several startups ditched the disciplined approach to growth and went for the growth-at-all-costs model. Examples such as Sendy and Twiga, among others, are a testament to this. With this “Go Big or Go Home” approach, characterized by Reid Hoffman’s book “Blitz Scaling,” those who have not yet achieved sustainability now have to …

International Accounting Standard 40 (IAS 40) stands as a critical compass for enterprises engaging in investment property management in the intricate universe of financial reporting standards. Issued by the International Financial Reporting Standards (IFRS) Foundation, IAS 40 charts a course for companies engaged in real estate and other investment activities, providing a structured framework for …