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This webinar will provide the attendees facts related to international financial statements including the difference between GAAP and IFRS, how these differences in accounting principles can affect financial ratios, and will review Red Flags related to financial statements. In addition, the attendees will be provided with a general idea of the differences that exist today related to credit and payment terms for ten countries on a global basis. Another interesting aspect of the webinar will be a review of signals that could indicate that a customer is experiencing financial problems. Finally, the webinar concludes with a discussion related to payment trends in Europe. Overall, the attendees will walk away with a general idea of tools that can be utilized to better manage and monitor the financial health of their customer base from a global perspective.

Speaker

Craig Simpkins CICP,CCE, Director – Global Order-to-Cash, Johnson Controls Inc.

simpkins webCraig Simpkins is the Global Director for Order-to-Cash for the Building Efficiency division of Johnson Controls Inc, headquartered in Milwaukee, WI. He has global responsibility for the standardized and optimization of policies and procedures. Previously he was the director of Order-to-Cash for the North America Shared Services Center. Simpkins has worked in Accounting, Finance, and Shared Services roles for over twenty years. He has authored and presented several whitepapers and webinars related to functions within the Shared Service environment. A graduate in Accounting, he has a MBA and a MS in Accounting, is a CCE and CICP, and a Certified Fraud Examiner (CFE).