News
Gearing up for the new FASB lease accounting standard
Sponsored by Bloomberg BNA // Software Services, Workiva, Cornell College of Business, Valuation Research Corporation, FloQast & Concur Management accountants in the United States face significant challenges as companies prepare for the far-reaching change. This report looks at the standard, common challenges companies are likely to face and first stepsNew IASB standard aims for consistent accounting for insurers
The International Accounting Standards Board (IASB) issued a standard for insurance contracts to help investors and others better understand insurers’ risks exposure, profitability, and financial position.US signs first agreement to exchange tax information
The US government has signed its first agreement with a foreign country to automatically exchange information on multinational companies’ income and taxes paid.CFOs keen on employee development
Retention, regulation, and reputation are three topics squarely in the minds of CFOs as they place more emphasis on employee training.Overtime and stress are common during month-end close processes
Finance departments are under pressure to close the books faster, but efficiency is a stumbling block, two recent surveys show.What does the agile finance function look like?
For a business to be robust in the face of disruption, it needs to be agile. Peter Simons, FCMA, CGMA, looks at how the finance function is changing to support and encourage that agility.A CFO job for adrenaline junkies
Being the CFO at a fast-growing start-up can be addictive. David Lee, FCMA, CGMA, who left a British multinational conglomerate to work with tech start-ups nine years ago, explains why.EU Parliament votes to prevent hybrid mismatches with third countries
The EU Parliament voted to amend the EU’s anti-tax-avoidance directive to prevent multinational corporations from using differences between EU rules and third countries to deduct the same expenses twice.Trump’s tax reform priorities unveiled
The White House issued US President Donald Trump’s goals and key features for tax reform, including slashed corporate tax rates, flattened individual marginal income tax brackets, and repeal of the estate and alternative minimum taxes.Flexibility and appreciation are key to keeping top-level women engaged
While companies are generally getting better at keeping their employees engaged, one type of worker may be getting overlooked: senior-level women.What an unprecedented French election means for global business
So, after all the topsy-turvy machinations of this 11-candidate race, it will be the reformist EU supporter against the incendiary populist.4 career steps CFOs can take to be CEO-worthy
Some of the needed skills must be practised, and others must be learned on the job.How to use humour at work
Humour in the workplace is a double-edged sword. It can have significant benefits, but it can also cause dysfunction. Appropriate fun follows these five guidelines.The 5 habits of top risk managers
Top-performing companies in risk management are more likely to project revenue and profit growth, according to a PwC report that offers steps for organisations to better embed strategy into risk management practices.UK election brings further uncertainty for business, but strengthens pound
Business groups call for the campaign to debate the best possible Brexit deal, as well as the foundations for the UK’s longer term productivity and competitiveness.Why everyone’s in sales
“Not my job” and “not my style” are two common objections when the topic of sales is mentioned in a business environment. Sales culture can mean far more than being a designated salesperson.Company culture failing to support ethical behaviour
Senior managers do not talk about the importance of maintaining ethical standards enough, and many employees are reluctant to report misconduct through internal procedures, an EY survey has found.Expectations and paths don’t always align for controllers
Most controllers expect and are expected to shape and execute strategic priorities. Yet, few companies clearly define a path for controllers to take on greater responsibility, a Deloitte report shows.How slow internet speeds affect finance departments
Here are ways to mitigate the sluggishness, develop backups, and prepare for business in areas where connection speeds are slow.
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