Month: December 2018

Virtual House Calls

By Russ Banham Leader’s Edge Time is of the essence in the agricultural industry, given the short window of opportunity to harvest fruits and vegetables in their peak condition. When workers feel under the weather from a cold or stomach virus, they typically have to drive a long distance to a medical clinic or hospital… Read more »

Critical audit matters coming into focus

By Russ Banham Journal of Accountancy As auditors prepare for a new auditing standard requiring the disclosure of critical audit matters (CAMs) in their reports, they are traveling in uncharted territory and contemplating new information that they will be providing to investors. The new auditing standard AS 3101, The Auditor’s Report on an Audit of Financial Statements… Read more »

Beyond Digitization: The Road To Fully Digitalized Manufacturing

By Russ Banham Forbes Digitization, digitalization and digital transformation: It’s easy to confuse them, but in fact, they’re very different, each describing a specific facet of a journey toward the development of new revenue-producing business concepts. Phase one, digitization, is simply the process of transforming operating manuals, handbooks, documents, photographs and other informational resources into… Read more »

Breaking Bad

By Russ Banham CFO Not every day does the CEO of a large public company contentedly smoke marijuana on a podcast (which was also recorded on video), shortly after tweeting he has secured funding to take the business private, blindsiding the board of directors. But this is Elon Musk after all, the Johnny Depp of… Read more »