Liakat Hossain — Finance Insights & Bloghttps://fmliakat.com.bd/ Original finance insights, anonymized case studies and career writing by Liakat Hossain.en Wed, 14 Oct 2026 10:00:00 +0600 Accounting Glossary: Key Terms Explained with IFRS References and Exampleshttps://fmliakat.com.bd/insights/accounting-glossary-key-terms.html https://fmliakat.com.bd/insights/accounting-glossary-key-terms.html Wed, 14 Oct 2026 12:30:00 +0600 IFRS & AccountingA plain-English accounting glossary: key terms with IFRS equivalents, practical examples, the accounting equation, users of information and practice questions. IFRS and IAS Standards List: Every IFRS # and IAS # Explainedhttps://fmliakat.com.bd/insights/ifrs-ias-standards-list.html https://fmliakat.com.bd/insights/ifrs-ias-standards-list.html Wed, 14 Oct 2026 11:45:00 +0600 IFRS & AccountingA complete IFRS and IAS standards list: IFRS 1–19, IAS still in force, which IAS were replaced by which IFRS, interpretations and how to cite them. The IFRS Conceptual Framework and Core Accounting Principles Explainedhttps://fmliakat.com.bd/insights/ifrs-conceptual-framework-accounting-principles.html https://fmliakat.com.bd/insights/ifrs-conceptual-framework-accounting-principles.html Wed, 14 Oct 2026 11:00:00 +0600 IFRS & AccountingA practical guide to the IFRS Conceptual Framework: objective, qualitative characteristics, going concern, accrual basis, elements, recognition and measurement. IFRS 15 Revenue Recognition (Replaced IAS 18 & IAS 11): The Five-Step Model with a Worked Examplehttps://fmliakat.com.bd/insights/ifrs-15-revenue-recognition.html https://fmliakat.com.bd/insights/ifrs-15-revenue-recognition.html Wed, 14 Oct 2026 11:00:00 +0600 IFRS & AccountingIFRS 15 explained: the five-step revenue model, performance obligations, variable consideration, price allocation, over-time vs point-in-time and contract balances. IFRS 16 Leases (Replaced IAS 17): Right-of-Use Assets and Lease Liabilitieshttps://fmliakat.com.bd/insights/ifrs-16-leases.html https://fmliakat.com.bd/insights/ifrs-16-leases.html Wed, 14 Oct 2026 11:00:00 +0600 IFRS & AccountingIFRS 16 lessee accounting with a worked example: identifying a lease, measuring the lease liability and right-of-use asset, expense profile, EBITDA impact and exemptions. IAS 16 Property, Plant and Equipment under IFRS: Recognition, Cost and Depreciationhttps://fmliakat.com.bd/insights/ias-16-property-plant-equipment.html https://fmliakat.com.bd/insights/ias-16-property-plant-equipment.html Wed, 14 Oct 2026 11:00:00 +0600 IFRS & AccountingIAS 16 explained: PPE recognition, what to capitalise, cost vs revaluation model, depreciation methods, componentisation, annual reviews and derecognition. IAS 36 Impairment of Assets under IFRS: Indicators, Recoverable Amount and CGUshttps://fmliakat.com.bd/insights/ias-36-impairment-of-assets.html https://fmliakat.com.bd/insights/ias-36-impairment-of-assets.html Wed, 14 Oct 2026 11:00:00 +0600 IFRS & AccountingIAS 36 explained with a worked example: impairment indicators, recoverable amount, value in use, cash-generating units, loss allocation, reversals and disclosure. IAS 21 Foreign Currency under IFRS: Functional Currency, Transactions and Translationhttps://fmliakat.com.bd/insights/ias-21-foreign-currency.html https://fmliakat.com.bd/insights/ias-21-foreign-currency.html Wed, 14 Oct 2026 11:00:00 +0600 IFRS & AccountingIAS 21 for exporters and groups: functional currency, spot-rate recognition, retranslating monetary items, exchange gains and losses, and translating foreign operations. IAS 12 Income Taxes under IFRS: Current and Deferred Tax Explainedhttps://fmliakat.com.bd/insights/ias-12-deferred-tax.html https://fmliakat.com.bd/insights/ias-12-deferred-tax.html Wed, 14 Oct 2026 11:00:00 +0600 IFRS & AccountingIAS 12 explained: current tax, tax base, temporary differences, deferred tax liabilities and assets, recoverability, exceptions and the tax rate reconciliation. IAS 7 Statement of Cash Flows under IFRS: Operating, Investing and Financinghttps://fmliakat.com.bd/insights/ias-7-statement-of-cash-flows.html https://fmliakat.com.bd/insights/ias-7-statement-of-cash-flows.html Wed, 14 Oct 2026 11:00:00 +0600 IFRS & AccountingIAS 7 explained: cash equivalents, operating, investing and financing activities, direct vs indirect method, interest and dividends, and IFRS 18 changes from 2027. IAS 37 Provisions under IFRS: Contingent Liabilities and Contingent Assets Explainedhttps://fmliakat.com.bd/insights/ias-37-provisions-contingent-liabilities.html https://fmliakat.com.bd/insights/ias-37-provisions-contingent-liabilities.html Wed, 14 Oct 2026 11:00:00 +0600 IFRS & AccountingIAS 37 explained: when to recognise a provision, constructive obligations, best estimate and expected value, onerous contracts, restructuring and contingent items. IFRS 18 Presentation and Disclosure (Replaces IAS 1): What Changes from 2027https://fmliakat.com.bd/insights/ifrs-18-presentation-disclosure.html https://fmliakat.com.bd/insights/ifrs-18-presentation-disclosure.html Wed, 14 Oct 2026 11:00:00 +0600 IFRS & AccountingIFRS 18 explained: new operating, investing and financing categories, required subtotals, management-defined performance measures, aggregation rules and IAS 7 changes. Budget vs Actual Variance Analysis: Price, Volume and Mix Explainedhttps://fmliakat.com.bd/insights/budget-vs-actual-variance-analysis.html https://fmliakat.com.bd/insights/budget-vs-actual-variance-analysis.html Wed, 14 Oct 2026 09:00:00 +0600 FP&AHow to explain budget vs actual results with a profit bridge, price–volume–mix variances, cost variances and management commentary — with a worked example. How to Build a 13-Week Cash Flow Forecasthttps://fmliakat.com.bd/insights/13-week-cash-flow-forecast.html https://fmliakat.com.bd/insights/13-week-cash-flow-forecast.html Wed, 14 Oct 2026 09:00:00 +0600 Treasury & CashA step-by-step guide to building and running a 13-week cash flow forecast with the direct method — structure, receipts, payments, weekly cycle and accuracy. Break-Even and Contribution Margin Analysis: A Practical Guidehttps://fmliakat.com.bd/insights/break-even-contribution-margin.html https://fmliakat.com.bd/insights/break-even-contribution-margin.html Wed, 14 Oct 2026 09:00:00 +0600 Management AccountingLearn contribution margin, break-even point, margin of safety, operating leverage and sensitivity analysis with a worked example and cost–volume–profit chart. Garment Costing Explained: SMV, Cost per Minute, Efficiency and CMhttps://fmliakat.com.bd/insights/garment-costing-smv-cm.html https://fmliakat.com.bd/insights/garment-costing-smv-cm.html Wed, 14 Oct 2026 09:00:00 +0600 Manufacturing FinanceHow RMG factories cost a garment: SMV, cost per minute, line efficiency, cost of making (CM) and FOB build-up, with worked examples and charts. Accounts Receivable Ageing and DSO: How to Read Them and Reduce Overdue Balanceshttps://fmliakat.com.bd/insights/receivables-ageing-dso.html https://fmliakat.com.bd/insights/receivables-ageing-dso.html Wed, 14 Oct 2026 09:00:00 +0600 Working CapitalHow to calculate DSO, read an accounts receivable ageing report, find root causes of overdue balances, run collections and provision for expected credit loss. Inventory Ageing and Slow-Moving Stock Provision: A Practical Guidehttps://fmliakat.com.bd/insights/inventory-ageing-provision.html https://fmliakat.com.bd/insights/inventory-ageing-provision.html Wed, 14 Oct 2026 09:00:00 +0600 Working CapitalHow to build an inventory ageing report, value stock at lower of cost and NRV under IAS 2, set a provision matrix, track DIO and clear slow-moving stock. 12 Finance KPIs Every Management Dashboard Needshttps://fmliakat.com.bd/insights/finance-kpi-dashboard.html https://fmliakat.com.bd/insights/finance-kpi-dashboard.html Wed, 14 Oct 2026 09:00:00 +0600 FP&A & ReportingTwelve core finance KPIs for a management dashboard — profit, cash, capital efficiency and close quality — with formulas, charts and Power BI tips. Intercompany Reconciliation for Multi-Entity Groups: A Practical Guidehttps://fmliakat.com.bd/insights/intercompany-reconciliation.html https://fmliakat.com.bd/insights/intercompany-reconciliation.html Wed, 14 Oct 2026 09:00:00 +0600 Group ReportingHow to reconcile intercompany balances in multi-entity groups: causes of mismatches, group policy, close calendar, matching, ERP tools and KPIs. What My Letter-of-Credit Training Still Saves Me Fromhttps://fmliakat.com.bd/blog/letters-of-credit-what-i-still-use.html https://fmliakat.com.bd/blog/letters-of-credit-what-i-still-use.html Wed, 09 Sep 2026 00:00:00 +0600 BlogA short 2010 training on letters of credit and UCP 600 still shapes how I review export documents today. Here's what it taught me. From a Web-Design Diploma to Power BI Dashboardshttps://fmliakat.com.bd/blog/from-it-diploma-to-power-bi-dashboards.html https://fmliakat.com.bd/blog/from-it-diploma-to-power-bi-dashboards.html Wed, 09 Sep 2026 00:00:00 +0600 BlogA 2008 IT scholarship taught me HTML, PHP and .NET. Here's how that diploma still shapes my Power BI dashboards today. Five Short Trainings That Changed How I Manage a Teamhttps://fmliakat.com.bd/blog/five-trainings-that-changed-how-i-manage.html https://fmliakat.com.bd/blog/five-trainings-that-changed-how-i-manage.html Wed, 09 Sep 2026 00:00:00 +0600 BlogFive short leadership trainings between 2014 and 2016 changed how I delegate, manage time and prioritize as a finance manager. Studying for the CMA While Working Full-Time in Financehttps://fmliakat.com.bd/blog/studying-cma-while-working-full-time.html https://fmliakat.com.bd/blog/studying-cma-while-working-full-time.html Tue, 08 Sep 2026 00:00:00 +0600 BlogAn honest account of completing the CMA from ICMAB in stages, alongside a full-time finance career. SAP FICO and Tally ERP, Side by Side: What Actually Changeshttps://fmliakat.com.bd/blog/sap-tally-erp-what-changes.html https://fmliakat.com.bd/blog/sap-tally-erp-what-changes.html Sun, 06 Sep 2026 00:00:00 +0600 BlogI have run finance operations on both SAP FI/CO and Tally ERP. Here is what actually changes between them. Reducing Our Month-End Close by 20%: What Actually Moved the Needlehttps://fmliakat.com.bd/blog/reducing-month-end-close-20-percent.html https://fmliakat.com.bd/blog/reducing-month-end-close-20-percent.html Sat, 05 Sep 2026 00:00:00 +0600 BlogThe real story behind cutting our multi-entity month-end close by 20% — what we automated, and what we protected. Why I Volunteer Alongside a Finance Careerhttps://fmliakat.com.bd/blog/why-i-volunteer-alongside-finance-career.html https://fmliakat.com.bd/blog/why-i-volunteer-alongside-finance-career.html Wed, 02 Sep 2026 00:00:00 +0600 BlogWhat volunteering with the Red Crescent, vaccination drives and flood relief taught me about finance leadership. What Five Countries Taught Me About Cross-Border Financehttps://fmliakat.com.bd/blog/five-countries-cross-border-finance.html https://fmliakat.com.bd/blog/five-countries-cross-border-finance.html Sat, 29 Aug 2026 00:00:00 +0600 BlogWhat business and sourcing travel to China, Vietnam, Malaysia, Hong Kong and Singapore taught me about cross-border finance. The AI Tools I Actually Use as a Finance Professionalhttps://fmliakat.com.bd/blog/ai-tools-for-finance-professionals.html https://fmliakat.com.bd/blog/ai-tools-for-finance-professionals.html Tue, 25 Aug 2026 00:00:00 +0600 BlogHow a finance manager actually uses ChatGPT, Claude, Gemini, Copilot and Perplexity day to day — and where they are not used. 16 Years in Finance: Five Lessons I'd Tell My Younger Selfhttps://fmliakat.com.bd/blog/16-years-in-finance-lessons.html https://fmliakat.com.bd/blog/16-years-in-finance-lessons.html Thu, 20 Aug 2026 00:00:00 +0600 BlogSixteen-plus years in finance leadership, FP&A and SAP FICO — five honest lessons I would tell my younger self. Workforce Productivity to Profitabilityhttps://fmliakat.com.bd/insights/workforce-productivity-profitability.html https://fmliakat.com.bd/insights/workforce-productivity-profitability.html Fri, 10 Jul 2026 00:00:00 +0600 Manufacturing FinanceA real-project model connecting attendance, efficiency, capacity, output, turnover and profit. Power BI Management MIS Dashboardhttps://fmliakat.com.bd/insights/power-bi-finance-dashboard.html https://fmliakat.com.bd/insights/power-bi-finance-dashboard.html Fri, 10 Jul 2026 00:00:00 +0600 Power BI & AnalyticsAn anonymized management dashboard case study covering budget, actual, prior year, OPEX and profitability. Cross-Border FOB Business Modelhttps://fmliakat.com.bd/insights/cross-border-fob-business-model.html https://fmliakat.com.bd/insights/cross-border-fob-business-model.html Fri, 10 Jul 2026 00:00:00 +0600 Cross-Border FinanceAn anonymized operating model for trading entities and Bangladesh manufacturing, import, export and remittance. Driver-Based Budgeting and Forecastinghttps://fmliakat.com.bd/insights/driver-based-budgeting-forecasting.html https://fmliakat.com.bd/insights/driver-based-budgeting-forecasting.html Fri, 10 Jul 2026 00:00:00 +0600 FP&AOperational assumptions, integrated financial statements, scenarios and forecast governance. Month-End Close Checklisthttps://fmliakat.com.bd/insights/month-end-close-checklist.html https://fmliakat.com.bd/insights/month-end-close-checklist.html Fri, 10 Jul 2026 00:00:00 +0600 Finance OperationsA controlled multi-entity close framework covering cut-off, reconciliations, intercompany and review. SAP FICO Implementation Controlshttps://fmliakat.com.bd/insights/sap-fico-implementation-controls.html https://fmliakat.com.bd/insights/sap-fico-implementation-controls.html Fri, 10 Jul 2026 00:00:00 +0600 SAP & ERPFinance controls for design, roles, master data, migration, testing, cutover and stabilization. Procure-to-Pay Audit Red Flagshttps://fmliakat.com.bd/insights/procure-to-pay-audit-red-flags.html https://fmliakat.com.bd/insights/procure-to-pay-audit-red-flags.html Fri, 10 Jul 2026 00:00:00 +0600 Audit & ControlsVendor, purchasing, receipt, invoice, payment and data-analytics risks. Working Capital and Cash Conversion Cyclehttps://fmliakat.com.bd/insights/working-capital-cash-conversion-cycle.html https://fmliakat.com.bd/insights/working-capital-cash-conversion-cycle.html Fri, 10 Jul 2026 00:00:00 +0600 Treasury & CashReceivables, inventory, payables, cash opportunity and cross-functional action.