Archive for December 2013

The Future Of Financial Controlling (2) – More Definitions

Well, I decided to come back with a few more definitions abut the finance controllers. For example, the free dictionary goes for the classical way: “The corporate manager responsible for the company’s accounting activities. Sometimes referred to as the comptroller (which means the same thing).” Well, yes, it is broad and narrow in the same time, something that executive recruiters tend to like. But is a controller just the accounting steward of the company.

Maybe in the past he/she was. The controller was the specially trained accounting marine who came in as an ex-internal auditor and started to dig around to find how the accounting processes can be fixed and upgraded with minimal costs.

But now the role has changed dramatically. So what is primarily a controller – a finance business partner, a gatekeeper, or a super-accountant? What do you think?

Using Leverage with Forex

Using Leverage with Forex

What is leverage?  Leverage is the use of borrowed capital, such as margin, to increase the potential return of an investment.

In Forex trading, leverage is used to significantly increase the returns on a currency pair trade. By using ‘borrowed’ money to increase the amount you can trade you can come out with a greater profit from the fluctuations in exchange rates between two different currencies. Forex brokers offer the highest leverage rates available in any investment market.

Win Some, Lose Some

Of course, this ability to earn profits over and above the amount of money you started out with can also work against you. If your trade goes in the opposite direction of the one you anticipated, you can lose not only the money you had on deposit in your account but the leveraged money as well, putting you in deep debt and in a bind to recoup the leveraged money.

There are ways to safeguard against losing all your money. Read more