If you have worked with a financial planner, there is a good chance your planner used Monte Carlo simulations and frankly that is a good starting point to determine future financial needs. However, ...

When you're in the weeds of running your business each day, it can be difficult to zoom out and see how well your company is performing. Even one quarter's worth of results can be misleading. Seasonal ...

Learn to calculate production costs in Excel using templates and formulas. Streamline expenses and improve financial management with our comprehensive guide.

All business processes in the banking industry contain quite some specific business logic. Rather than coding this aggregated in one business application, it is wise to setup separate components for ...

We are pleased to announce a new method of computing the bankruptcy risk of companies, the "Probability of Financial Distress." LPFD = -20.12 * NIMTAAVG + 1.60 * TLMTA - 7.88 * EXRETAVG + 1.55 * SIGMA ...