Due to their erosive power, cavitation bubbles collapsing close to solid boundaries have been subject to intense investigations forseveral decades. Mainly two phenomena associated with the collapse of the bubble are considered responsible for the destructiveaction: a high-speed, axial liquid jet directed towards the solid, and the shock waves emitted after the collapse of the resulting torusbubble. Recent advances in simulating single bubbles with the FVM method are presented that give insight into how and why bubbles exhibit these erosive powers close to solid objects.