At 45, I Want to Pursue a PhD in the US
I am 45, have completed an Executive MBA, and want to pursue a PhD in the United States. If I spend several more years studying, I want to bring that knowledge back to my business and AI work. The que...
I Think of Accounting as a Business Database
To know how much a customer still owes, or which period today’s payment relates to, we have to look back at what happened. What interests me about accounting systems is how they keep those facts as a ...
Before a Major Investment, Count the Whole Project’s Cash
A new machine costs THB 500,000 and promises to lower costs every year. It sounds worth buying. But before signing a purchase order, we still need to ask: Will it require more working capital? Will it...
What Financial Ratios Tell You About a Business
Eight connected essays on profit, working capital, liquidity, debt, DuPont, and RNOA, ending with how to choose the problem a business should solve.
Studying, Working, and Writing It Down
I'm studying for an MBA while bringing what I learn back to the work I'm doing . When we cover costs, for example, I want to see what changes if the classroom case becomes a software development or sy...
Accounting Profit and Business Value: Reading The Little Book of Valuation Alongside Accounting Standards
A company reports operating profit of THB 10 million, yet after tax and investment only THB 6 million may remain for its capital providers. If it also develops software through research, should we add...
From Revenue to Business Value, Part 2: Software and AI Integration
Use a hypothetical project and subscription business to separate software rights, AI costs, and three financial statements without counting benefits twice.
From Revenue to Business Value
Read the quality of earnings, revenue recognition, and cash flow before valuing a business with DCF, multiples, and net assets.
What CIA, CPA, and CFA Prepare You to Do
A practical look at internal audit, Thai public accounting, and investment analysis through an owner’s questions and a hypothetical factory.
Economics for Business
Eight connected essays move from production and costs through profit, competition, pricing, and practical business choices.