{"id":1294,"date":"2019-04-29T11:51:33","date_gmt":"2019-04-29T09:51:33","guid":{"rendered":"https:\/\/cfo-consult.de\/?page_id=1294"},"modified":"2019-05-25T13:57:33","modified_gmt":"2019-05-25T11:57:33","slug":"praxiswissen","status":"publish","type":"page","link":"https:\/\/cfo-consult.de\/en\/praxiswissen\/","title":{"rendered":"Practical Knowledge"},"content":{"rendered":"<p>[vc_row][vc_column][vc_custom_heading text=&#8221;Practical knowledge&#8221; google_fonts=&#8221;font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:400%20regular%3A400%3Anormal&#8221;][vc_empty_space height=&#8221;10px&#8221;][vc_column_text]How do you find your way through the jungle of technical and financial terms? I help you to orient yourself with the lingo and with give you an understanding of it and finance jargon.[\/vc_column_text]<style type=\"text\/css\" data-type=\"the7_shortcodes-inline-css\">.blog-shortcode.blog-list-shortcode-id-7ac14ea5d94bfcced39b438ec1fe4077.dividers-on.classic-layout-list article {\n  margin-top: 50px;\n  padding-top: 0;\n  border-color: ;\n}\n.blog-shortcode.blog-list-shortcode-id-7ac14ea5d94bfcced39b438ec1fe4077.dividers-on.classic-layout-list article:first-of-type {\n  margin-top: 0;\n  padding-top: 0;\n}\n.blog-shortcode.blog-list-shortcode-id-7ac14ea5d94bfcced39b438ec1fe4077.classic-layout-list.mode-list .post-thumbnail-wrap {\n  width: 50%;\n}\n.blog-shortcode.blog-list-shortcode-id-7ac14ea5d94bfcced39b438ec1fe4077.classic-layout-list.mode-list .post-entry-content {\n  width: calc(100% - 50%);\n}\n.blog-shortcode.blog-list-shortcode-id-7ac14ea5d94bfcced39b438ec1fe4077.classic-layout-list.mode-list .no-img .post-entry-content {\n  width: 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.post-entry-content {\n    padding: 20px;\n  }\n  #page .blog-shortcode.blog-list-shortcode-id-7ac14ea5d94bfcced39b438ec1fe4077 .entry-title {\n    margin: 3px 0 5px;\n    font-size: 20px;\n    line-height: 26px;\n  }\n  #page .blog-shortcode.blog-list-shortcode-id-7ac14ea5d94bfcced39b438ec1fe4077 .entry-meta {\n    margin: 5px 0 5px;\n  }\n  #page .blog-shortcode.blog-list-shortcode-id-7ac14ea5d94bfcced39b438ec1fe4077 .entry-excerpt {\n    margin: 15px 0 0;\n  }\n  #page .blog-shortcode.blog-list-shortcode-id-7ac14ea5d94bfcced39b438ec1fe4077 .post-details {\n    margin: 5px 0 10px;\n  }\n  #page .blog-shortcode.blog-list-shortcode-id-7ac14ea5d94bfcced39b438ec1fe4077 .post-details.details-type-link {\n    margin-bottom: 2px;\n  }\n}\n<\/style><div class=\"articles-list blog-shortcode mode-list blog-list-shortcode-id-7ac14ea5d94bfcced39b438ec1fe4077 classic-layout-list content-bg-on jquery-filter scale-img dt-icon-bg-off loading-effect-fade-in\" data-cur-page=\"1\" data-post-limit=\"-1\" data-pagination-mode=\"none\"><article class=\"post project-odd visible no-img post-1791 type-post status-publish format-standard hentry category-aktuelles category-23 description-off\" data-name=\"Corona calls for more video identification of users and digital signature\" data-date=\"2020-05-25T11:39:48+00:00\">\n\n<div class=\"post-entry-content\">\n\n\t<h3 class=\"entry-title\">\n\t\t<a href=\"https:\/\/cfo-consult.de\/en\/corona-staerkt-trend-zur-video-identifizierung-von-nutzern-und-digitaler-unterschrift\/\" title=\"Corona calls for more video identification of users and digital signature\" rel=\"bookmark\">Corona calls for more video identification of users and digital signature<\/a>\n\t<\/h3>\n\n\t<div class=\"entry-meta\"><span class=\"category-link\"><a href=\"https:\/\/cfo-consult.de\/en\/category\/aktuelles\/\" >Latest news<\/a><\/span><a class=\"author vcard\" href=\"https:\/\/cfo-consult.de\/en\/author\/katharinaschoen\/\" title=\"View all posts by KatharinaSchoen\" rel=\"author\">By <span class=\"fn\">KatharinaSchoen<\/span><\/a><a href=\"https:\/\/cfo-consult.de\/en\/2020\/05\/25\/\" title=\"11:39 AM\" class=\"data-link\" rel=\"bookmark\"><time class=\"entry-date updated\" datetime=\"2020-05-25T11:39:48+00:00\">Monday May 25th, 2020<\/time><\/a><\/div>\n\t<div class=\"entry-excerpt\"><p>Social Distancing and the associated home office lead to an increased demand for online identification of users and gives a push towards digital signatures. The providers with secure and user-friendly solutions that existed before Corona are now increasingly expanded by FinTechs. As a result, the tedious and time-consuming KYC process, e.g. when opening bank accounts,&hellip;<\/p>\n<\/div>\n\t<a href=\"https:\/\/cfo-consult.de\/en\/corona-staerkt-trend-zur-video-identifizierung-von-nutzern-und-digitaler-unterschrift\/\" class=\"post-details details-type-link\" rel=\"nofollow\">Read more<i class=\"dt-icon-the7-arrow-03\" aria-hidden=\"true\"><\/i><\/a>\n<\/div><\/article><article class=\"post project-odd visible no-img post-1765 type-post status-publish format-standard hentry category-aktuelles category-23 description-off\" data-name=\"E-invoices or X-invoices?\" data-date=\"2020-04-03T17:55:55+00:00\">\n\n<div class=\"post-entry-content\">\n\n\t<h3 class=\"entry-title\">\n\t\t<a href=\"https:\/\/cfo-consult.de\/en\/e-rechnungen-oder-xrechnungen\/\" title=\"E-invoices or X-invoices?\" rel=\"bookmark\">E-invoices or X-invoices?<\/a>\n\t<\/h3>\n\n\t<div class=\"entry-meta\"><span class=\"category-link\"><a href=\"https:\/\/cfo-consult.de\/en\/category\/aktuelles\/\" >Latest news<\/a><\/span><a class=\"author vcard\" href=\"https:\/\/cfo-consult.de\/en\/author\/katharinaschoen\/\" title=\"View all posts by KatharinaSchoen\" rel=\"author\">By <span class=\"fn\">KatharinaSchoen<\/span><\/a><a href=\"https:\/\/cfo-consult.de\/en\/2020\/04\/03\/\" title=\"05:55 PM\" class=\"data-link\" rel=\"bookmark\"><time class=\"entry-date updated\" datetime=\"2020-04-03T17:55:55+00:00\">Friday April  3rd, 2020<\/time><\/a><\/div>\n\t<div class=\"entry-excerpt\"><p>Did you know that from the end of November 2020 public authorities in Germany will only accept electronic invoices in a specified format? This puts public institutions ahead of private companies, where invoicing is still very diverse. Here, electronic invoices are mostly PDF documents whose further processing is not guaranteed electronically. Paper invoices will also&hellip;<\/p>\n<\/div>\n\t<a href=\"https:\/\/cfo-consult.de\/en\/e-rechnungen-oder-xrechnungen\/\" class=\"post-details details-type-link\" rel=\"nofollow\">Read more<i class=\"dt-icon-the7-arrow-03\" aria-hidden=\"true\"><\/i><\/a>\n<\/div><\/article><article class=\"post project-odd visible no-img post-1760 type-post status-publish format-standard hentry category-uncategorized category-1 description-off\" data-name=\"Is your liquidity affected by the Corona crisis?\" data-date=\"2020-04-02T09:45:39+00:00\">\n\n<div class=\"post-entry-content\">\n\n\t<h3 class=\"entry-title\">\n\t\t<a href=\"https:\/\/cfo-consult.de\/en\/english-ist-ihre-liquiditaet-von-der-corona-krise-betroffen\/\" title=\"Is your liquidity affected by the Corona crisis?\" rel=\"bookmark\">Is your liquidity affected by the Corona crisis?<\/a>\n\t<\/h3>\n\n\t<div class=\"entry-meta\"><span class=\"category-link\"><a href=\"https:\/\/cfo-consult.de\/en\/category\/uncategorized\/\" >Uncategorized<\/a><\/span><a class=\"author vcard\" href=\"https:\/\/cfo-consult.de\/en\/author\/katharinaschoen\/\" title=\"View all posts by KatharinaSchoen\" rel=\"author\">By <span class=\"fn\">KatharinaSchoen<\/span><\/a><a href=\"https:\/\/cfo-consult.de\/en\/2020\/04\/02\/\" title=\"09:45 AM\" class=\"data-link\" rel=\"bookmark\"><time class=\"entry-date updated\" datetime=\"2020-04-02T09:45:39+00:00\">Thursday April  2nd, 2020<\/time><\/a><\/div>\n\t<div class=\"entry-excerpt\"><p>Is your liquidity declining drastically? Is the turnover collapsing? What about your credit rating? Are you threatened with insolvency? Do you still have an overview of your payment obligations and incoming payments in the face of a suddenly changing situation? How long is your company&#8217;s liquidity still secure? The times when you could derive your&hellip;<\/p>\n<\/div>\n\t<a href=\"https:\/\/cfo-consult.de\/en\/english-ist-ihre-liquiditaet-von-der-corona-krise-betroffen\/\" class=\"post-details details-type-link\" rel=\"nofollow\">Read more<i class=\"dt-icon-the7-arrow-03\" aria-hidden=\"true\"><\/i><\/a>\n<\/div><\/article><article class=\"post project-odd visible no-img post-1707 type-post status-publish format-standard hentry category-cash-management category-uncategorized category-21 category-1 description-off\" data-name=\"Is your Treasury crisis-proof?\" data-date=\"2020-03-17T09:24:45+00:00\">\n\n<div class=\"post-entry-content\">\n\n\t<h3 class=\"entry-title\">\n\t\t<a href=\"https:\/\/cfo-consult.de\/en\/wie-krisensicher-ist-ihr-treasury\/\" title=\"Is your Treasury crisis-proof?\" rel=\"bookmark\">Is your Treasury crisis-proof?<\/a>\n\t<\/h3>\n\n\t<div class=\"entry-meta\"><span class=\"category-link\"><a href=\"https:\/\/cfo-consult.de\/en\/category\/cash-management\/\" >Cash Management<\/a>, <a href=\"https:\/\/cfo-consult.de\/en\/category\/uncategorized\/\" >Uncategorized<\/a><\/span><a class=\"author vcard\" href=\"https:\/\/cfo-consult.de\/en\/author\/katharinaschoen\/\" title=\"View all posts by KatharinaSchoen\" rel=\"author\">By <span class=\"fn\">KatharinaSchoen<\/span><\/a><a href=\"https:\/\/cfo-consult.de\/en\/2020\/03\/17\/\" title=\"09:24 AM\" class=\"data-link\" rel=\"bookmark\"><time class=\"entry-date updated\" datetime=\"2020-03-17T09:24:45+00:00\">Tuesday March 17th, 2020<\/time><\/a><\/div>\n\t<div class=\"entry-excerpt\"><p>Do you have real crisis managers in your team who remain calm and adapt quickly to new and changing situations? Do you know the impact of the corona crisis on your supply chains and on your personnel and financial needs? Which are your expected\u00a0scenarios? Are your financial status and liquidity planning both up to date?&hellip;<\/p>\n<\/div>\n\t<a href=\"https:\/\/cfo-consult.de\/en\/wie-krisensicher-ist-ihr-treasury\/\" class=\"post-details details-type-link\" rel=\"nofollow\">Read more<i class=\"dt-icon-the7-arrow-03\" aria-hidden=\"true\"><\/i><\/a>\n<\/div><\/article><article class=\"post project-odd visible no-img post-1694 type-post status-publish format-standard hentry category-cash-management category-uncategorized category-21 category-1 description-off\" data-name=\"Cash payments in Germany declining\" data-date=\"2020-03-11T11:06:23+00:00\">\n\n<div class=\"post-entry-content\">\n\n\t<h3 class=\"entry-title\">\n\t\t<a href=\"https:\/\/cfo-consult.de\/en\/barzahlungen-in-deutschland-cash-payments-in-germany\/\" title=\"Cash payments in Germany declining\" rel=\"bookmark\">Cash payments in Germany declining<\/a>\n\t<\/h3>\n\n\t<div class=\"entry-meta\"><span class=\"category-link\"><a href=\"https:\/\/cfo-consult.de\/en\/category\/cash-management\/\" >Cash Management<\/a>, <a href=\"https:\/\/cfo-consult.de\/en\/category\/uncategorized\/\" >Uncategorized<\/a><\/span><a class=\"author vcard\" href=\"https:\/\/cfo-consult.de\/en\/author\/katharinaschoen\/\" title=\"View all posts by KatharinaSchoen\" rel=\"author\">By <span class=\"fn\">KatharinaSchoen<\/span><\/a><a href=\"https:\/\/cfo-consult.de\/en\/2020\/03\/11\/\" title=\"11:06 AM\" class=\"data-link\" rel=\"bookmark\"><time class=\"entry-date updated\" datetime=\"2020-03-11T11:06:23+00:00\">Wednesday March 11th, 2020<\/time><\/a><\/div>\n\t<div class=\"entry-excerpt\"><p>The Deutsche Kreditwirtschaft published statistics about payment methods in Germany.[1] There are 4,5 billion transactions by Girocard (debit cards) per year with an average payment amount of 46,86\u20ac. What does it mean for retail? The development of payment procedures of the retail sector was analysed by the newsletter of \u201eFinanz-scene.de\u201c. In total, the share of&hellip;<\/p>\n<\/div>\n\t<a href=\"https:\/\/cfo-consult.de\/en\/barzahlungen-in-deutschland-cash-payments-in-germany\/\" class=\"post-details details-type-link\" rel=\"nofollow\">Read more<i class=\"dt-icon-the7-arrow-03\" aria-hidden=\"true\"><\/i><\/a>\n<\/div><\/article><article class=\"post project-odd visible no-img post-1521 type-post status-publish format-standard hentry category-cash-management tag-camt-052 tag-camt-053 tag-intraday-statements tag-mt940 tag-mt942 tag-payment-services tag-untertaegige-kontoinformationen tag-zahlungsdienste category-21 description-off\" data-name=\"Developments stemming from the PSD2\" data-date=\"2019-09-24T20:50:53+00:00\">\n\n<div class=\"post-entry-content\">\n\n\t<h3 class=\"entry-title\">\n\t\t<a href=\"https:\/\/cfo-consult.de\/en\/entwicklungen-nach-der-psd2\/\" title=\"Developments stemming from the PSD2\" rel=\"bookmark\">Developments stemming from the PSD2<\/a>\n\t<\/h3>\n\n\t<div class=\"entry-meta\"><span class=\"category-link\"><a href=\"https:\/\/cfo-consult.de\/en\/category\/cash-management\/\" >Cash Management<\/a><\/span><a class=\"author vcard\" href=\"https:\/\/cfo-consult.de\/en\/author\/katharinaschoen\/\" title=\"View all posts by KatharinaSchoen\" rel=\"author\">By <span class=\"fn\">KatharinaSchoen<\/span><\/a><a href=\"https:\/\/cfo-consult.de\/en\/2019\/09\/24\/\" title=\"08:50 PM\" class=\"data-link\" rel=\"bookmark\"><time class=\"entry-date updated\" datetime=\"2019-09-24T20:50:53+00:00\">Tuesday September 24th, 2019<\/time><\/a><\/div>\n\t<div class=\"entry-excerpt\"><p>How are you after 14 September 2019? On this day more clauses of the EU Payment Services Directive 2 (the so-called PSD2) came into force. What was its impact on your company? Have your house banks informed you in due time about their solution to implement the two-factor authentication? The directive is an important step&hellip;<\/p>\n<\/div>\n\t<a href=\"https:\/\/cfo-consult.de\/en\/entwicklungen-nach-der-psd2\/\" class=\"post-details details-type-link\" rel=\"nofollow\">Read more<i class=\"dt-icon-the7-arrow-03\" aria-hidden=\"true\"><\/i><\/a>\n<\/div><\/article><article class=\"post project-odd visible no-img post-1361 type-post status-publish format-standard hentry category-cash-management category-21 description-off\" data-name=\"What are the processes in a company related to cash flows?\" data-date=\"2019-05-17T08:44:55+00:00\">\n\n<div class=\"post-entry-content\">\n\n\t<h3 class=\"entry-title\">\n\t\t<a href=\"https:\/\/cfo-consult.de\/en\/welche-unternehmensprozesse-haben-auswirkungen-auf-das-finanz-und-rechnungswesen\/\" title=\"What are the processes in a company related to cash flows?\" rel=\"bookmark\">What are the processes in a company related to cash flows?<\/a>\n\t<\/h3>\n\n\t<div class=\"entry-meta\"><span class=\"category-link\"><a href=\"https:\/\/cfo-consult.de\/en\/category\/cash-management\/\" >Cash Management<\/a><\/span><a class=\"author vcard\" href=\"https:\/\/cfo-consult.de\/en\/author\/katharinaschoen\/\" title=\"View all posts by KatharinaSchoen\" rel=\"author\">By <span class=\"fn\">KatharinaSchoen<\/span><\/a><a href=\"https:\/\/cfo-consult.de\/en\/2019\/05\/17\/\" title=\"08:44 AM\" class=\"data-link\" rel=\"bookmark\"><time class=\"entry-date updated\" datetime=\"2019-05-17T08:44:55+00:00\">Friday May 17th, 2019<\/time><\/a><\/div>\n\t<div class=\"entry-excerpt\"><p>Lately, a founder asked me if I also consider production and logistics processes when dealing with cash flow optimization. An interesting question which also shows the wide-spread misunderstanding that financial management and accounting are only back-office functions. In a way, just a tedious burden far away from operations. But this is not the case, not&hellip;<\/p>\n<\/div>\n\t<a href=\"https:\/\/cfo-consult.de\/en\/welche-unternehmensprozesse-haben-auswirkungen-auf-das-finanz-und-rechnungswesen\/\" class=\"post-details details-type-link\" rel=\"nofollow\">Read more<i class=\"dt-icon-the7-arrow-03\" aria-hidden=\"true\"><\/i><\/a>\n<\/div><\/article><article class=\"post project-odd visible no-img post-1226 type-post status-publish format-standard hentry category-uncategorized category-1 description-off\" data-name=\"Optimize your cash flow to secure your liquidity\" data-date=\"2019-04-26T17:03:01+00:00\">\n\n<div class=\"post-entry-content\">\n\n\t<h3 class=\"entry-title\">\n\t\t<a href=\"https:\/\/cfo-consult.de\/en\/english-cash-flow-optimieren-auf-dem-weg-zu-gesicherter-liquiditaet\/\" title=\"Optimize your cash flow to secure your liquidity\" rel=\"bookmark\">Optimize your cash flow to secure your liquidity<\/a>\n\t<\/h3>\n\n\t<div class=\"entry-meta\"><span class=\"category-link\"><a href=\"https:\/\/cfo-consult.de\/en\/category\/uncategorized\/\" >Uncategorized<\/a><\/span><a class=\"author vcard\" href=\"https:\/\/cfo-consult.de\/en\/author\/katharinaschoen\/\" title=\"View all posts by KatharinaSchoen\" rel=\"author\">By <span class=\"fn\">KatharinaSchoen<\/span><\/a><a href=\"https:\/\/cfo-consult.de\/en\/2019\/04\/26\/\" title=\"05:03 PM\" class=\"data-link\" rel=\"bookmark\"><time class=\"entry-date updated\" datetime=\"2019-04-26T17:03:01+00:00\">Friday April 26th, 2019<\/time><\/a><\/div>\n\t<div class=\"entry-excerpt\"><p>Ihr Cash Flow, der sich aus den Ein- und Auszahlungen f\u00fcr eine bestimmte Periode ergibt, sollte positiv sein. Ein positiver Cash Flow verbessert Ihre Zahlungsf\u00e4higkeit und folglich die Einstufung Ihrer Bonit\u00e4t, Ihr Rating Ihre Kreditw\u00fcrdigkeit den Wert Ihres Unternehmens. Bei einem negativen Cash Flow wird nicht umsonst von Geldvernichtung gesprochen. Deshalb ist ein Cash Flow&hellip;<\/p>\n<\/div>\n\t<a href=\"https:\/\/cfo-consult.de\/en\/english-cash-flow-optimieren-auf-dem-weg-zu-gesicherter-liquiditaet\/\" class=\"post-details details-type-link\" rel=\"nofollow\">Read more<i class=\"dt-icon-the7-arrow-03\" aria-hidden=\"true\"><\/i><\/a>\n<\/div><\/article><article class=\"post project-odd visible no-img post-356 type-post status-publish format-standard hentry category-systeme category-22 description-off\" data-name=\"Components of a Cash Management System\" data-date=\"2019-03-11T09:45:20+00:00\">\n\n<div class=\"post-entry-content\">\n\n\t<h3 class=\"entry-title\">\n\t\t<a href=\"https:\/\/cfo-consult.de\/en\/komponenten-eines-cash-management-systems\/\" title=\"Components of a Cash Management System\" rel=\"bookmark\">Components of a Cash Management System<\/a>\n\t<\/h3>\n\n\t<div class=\"entry-meta\"><span class=\"category-link\"><a href=\"https:\/\/cfo-consult.de\/en\/category\/systeme\/\" >Systems<\/a><\/span><a class=\"author vcard\" href=\"https:\/\/cfo-consult.de\/en\/author\/katharinaschoen\/\" title=\"View all posts by KatharinaSchoen\" rel=\"author\">By <span class=\"fn\">KatharinaSchoen<\/span><\/a><a href=\"https:\/\/cfo-consult.de\/en\/2019\/03\/11\/\" title=\"09:45 AM\" class=\"data-link\" rel=\"bookmark\"><time class=\"entry-date updated\" datetime=\"2019-03-11T09:45:20+00:00\">Monday March 11th, 2019<\/time><\/a><\/div>\n\t<div class=\"entry-excerpt\"><p>Modules for the Money Transfer, the electronic statements (Balance Reporting) and for a Planning tool (Treasury) are components of a Cash Management Systems. A number of regulations apply for Cash Management systems like for all financial systems. The framework relates essentially to functionalities of journals and supporting documents, changes made to them and to period&hellip;<\/p>\n<\/div>\n\t<a href=\"https:\/\/cfo-consult.de\/en\/komponenten-eines-cash-management-systems\/\" class=\"post-details details-type-link\" rel=\"nofollow\">Read more<i class=\"dt-icon-the7-arrow-03\" aria-hidden=\"true\"><\/i><\/a>\n<\/div><\/article><article class=\"post project-odd visible no-img post-354 type-post status-publish format-standard hentry category-cash-management category-21 description-off\" data-name=\"Cash-Pooling\" data-date=\"2019-03-11T09:43:00+00:00\">\n\n<div class=\"post-entry-content\">\n\n\t<h3 class=\"entry-title\">\n\t\t<a href=\"https:\/\/cfo-consult.de\/en\/cash-pooling\/\" title=\"Cash-Pooling\" rel=\"bookmark\">Cash-Pooling<\/a>\n\t<\/h3>\n\n\t<div class=\"entry-meta\"><span class=\"category-link\"><a href=\"https:\/\/cfo-consult.de\/en\/category\/cash-management\/\" >Cash Management<\/a><\/span><a class=\"author vcard\" href=\"https:\/\/cfo-consult.de\/en\/author\/katharinaschoen\/\" title=\"View all posts by KatharinaSchoen\" rel=\"author\">By <span class=\"fn\">KatharinaSchoen<\/span><\/a><a href=\"https:\/\/cfo-consult.de\/en\/2019\/03\/11\/\" title=\"09:43 AM\" class=\"data-link\" rel=\"bookmark\"><time class=\"entry-date updated\" datetime=\"2019-03-11T09:43:00+00:00\">Monday March 11th, 2019<\/time><\/a><\/div>\n\t<div class=\"entry-excerpt\"><p>The daily transfers of balances and the adjustments of negative balances on bank accounts to and from a main account are called Cash Pooling. Such concentration of liquid funds is not recommended for some currencies to avoid penalty interest. To carry out Cash-Pooling on a group level, you need intercompany contracts about the intercompany interest&hellip;<\/p>\n<\/div>\n\t<a href=\"https:\/\/cfo-consult.de\/en\/cash-pooling\/\" class=\"post-details details-type-link\" rel=\"nofollow\">Read more<i class=\"dt-icon-the7-arrow-03\" aria-hidden=\"true\"><\/i><\/a>\n<\/div><\/article><article class=\"post project-odd visible no-img post-351 type-post status-publish format-standard hentry category-uncategorized category-1 description-off\" data-name=\"Risk management\" data-date=\"2019-03-11T09:40:41+00:00\">\n\n<div class=\"post-entry-content\">\n\n\t<h3 class=\"entry-title\">\n\t\t<a href=\"https:\/\/cfo-consult.de\/en\/risikomanagement\/\" title=\"Risk management\" rel=\"bookmark\">Risk management<\/a>\n\t<\/h3>\n\n\t<div class=\"entry-meta\"><span class=\"category-link\"><a href=\"https:\/\/cfo-consult.de\/en\/category\/uncategorized\/\" >Uncategorized<\/a><\/span><a class=\"author vcard\" href=\"https:\/\/cfo-consult.de\/en\/author\/katharinaschoen\/\" title=\"View all posts by KatharinaSchoen\" rel=\"author\">By <span class=\"fn\">KatharinaSchoen<\/span><\/a><a href=\"https:\/\/cfo-consult.de\/en\/2019\/03\/11\/\" title=\"09:40 AM\" class=\"data-link\" rel=\"bookmark\"><time class=\"entry-date updated\" datetime=\"2019-03-11T09:40:41+00:00\">Monday March 11th, 2019<\/time><\/a><\/div>\n\t<div class=\"entry-excerpt\"><p>The function of the risk management is, among others, to reduce risks like liquidity shortages, insolvency, clients&#8217; inability to pay and currency risks. Keeping an appropriate liquidity reserve consisting of bank deposits and credit lines helps to reduce the risk of failure to pay.<\/p>\n<\/div>\n\t<a href=\"https:\/\/cfo-consult.de\/en\/risikomanagement\/\" class=\"post-details details-type-link\" rel=\"nofollow\">Read more<i class=\"dt-icon-the7-arrow-03\" aria-hidden=\"true\"><\/i><\/a>\n<\/div><\/article><\/div>[\/vc_column][\/vc_row]<\/p>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_custom_heading text=&#8221;Practical knowledge&#8221; google_fonts=&#8221;font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:400%20regular%3A400%3Anormal&#8221;][vc_empty_space height=&#8221;10px&#8221;][vc_column_text]How do you find your way through the jungle of technical and financial terms? I help you to orient yourself with the lingo and with give you an understanding of it and finance jargon.[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"class_list":["post-1294","page","type-page","status-publish","hentry","description-off"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Practical Knowledge | cfo-consult.de<\/title>\n<meta name=\"description\" content=\"Sind Sie mit Fachtermini und Technischen Begriffen vertraut?Profitieren Sie von Praxiswissen \u00fcber Cash-Management und viel mehr.{en:}Do you struggle with financial or technical terms? 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