<img src="https://secure.perk0mean.com/177403.png" alt="" style="display:none;">

TrueINSIGHT

Get the latest insight, once a month

Trading & Risk Advisory

Should I Obtain the GARP ERP Certification?

|

As a holder of the Global Association of Risk Professionals (GARP) Energy Risk Professional (ERP) certification, people often ask me whether they should obtain it. As with most...

Trading & Risk Advisory

How PCAOB Changes Will Influence Your Organization's Audits in the Next Five Years

|

For public and private companies alike, an external audit is a normal component of operating the business. It is also integral in confirming the operational and financial...

Trading & Risk Advisory

Refinery Risk Management and VaR Modeling

|

This is the third in a series of VaR blogs. The first, Value at Risk: Overview and Benefit Case, provided an introduction to Value at Risk (VaR). The second, Successful...

Trading & Risk Advisory

Successful Implementation of a VaR Solution

|

An earlier VaR blog, Value at Risk (VaR): Overview and Benefit Case, provided an introduction to Value at Risk (VaR). We critiqued “industry standard” VaR definitions, reviewed...

Trading & Risk Advisory

Management and Optimization of Real Options in the Energy Supply Chain

|

What are Real Options?

Understanding and optimizing real options within your business can unlock massive value, which in many cases is being overlooked or underestimated. This...

Trading & Risk Advisory

Value at Risk (VaR): Overview and Benefit Case

|

The VaR Mystique

Value at Risk (VaR) is surrounded by mystique and confusion in the Commodity Trading and Risk Management industry. This confusion complicates its use, due to...

Trading & Risk Advisory

Foreign Currencies: Fundamental Fx Accounting Concepts and Implications

|

The energy industry is truly global. The location of the buyers, sellers, and the actual commodity can be in any corner of the earth. It is without question that the purchase...

Trading & Risk Advisory

4-Step Process to Create an Energy Inventory Management Program

|

Inventory. The lifeblood of many companies in the energy industry. For certain companies, it can also be a source of pain and frustration. The adage “it’s simple but not easy”...

Trading & Risk Advisory

The Right Approach to Revenue Recognition

|

How much of your company’s revenue comes from contracts?  For most energy companies it is 100% or close to that.  It is important to know that General Accepted Accounting...

Trading & Risk Advisory

How You Can Benefit from the Recent ASU for Cloud-Based Hosting

|

The Cloud has been and continues to be a management service solution technology used across all industries. No matter what industry or department you are in, chances are you...

Trading & Risk Advisory

ASC 815 Update Impacts End-of-Year Financials

|

The hedging standard (ASC 815) has been updated and these updates are effective for fiscal years ending after December 15, 2018* (for public entities). If your company has a...

Trading & Risk Advisory

Options Can Decrease Risk

|

Options are considered a 4-letter word among many energy executives, risk management professionals, and even traders. It is a common misperception that trading options always...