News
SEC seeking input on disclosure effectiveness
The US Securities and Exchange Commission (SEC), in its continuing efforts to improve the effectiveness of disclosures in companies’ financial statements.FASB assists with licensing guidance, identifying performance obligations
The US Financial Accounting Standards Board issued guidance designed to assist preparers with identifying performance obligations and implementing licensing guidance under the new revenue recognition standard.The gaps that remain in risk initiatives
Insufficient resources and a perceived lack of value are among the obstacles for some companies in full implementation of enterprise risk management programmes.European Commission proposes country-by-country tax reporting rules
The European Commission issued proposed rules that would require multinational companies operating in the EU to report information on where they make their profits and where they pay tax.5 factors to consider when designing benefits plans
Employees want a broader range of benefits, giving employers an opportunity to differentiate themselves in a competitive talent market.How cost-competitive are mature markets?
The cost of doing business in a market is an important factor in where in the world a company expands. Find out how the NAFTA region and mature markets in Europe and Asia Pacific rank.Pay continues to rise in finance and accounting
Employers in the US are likely to increase base pay for finance and accounting professionals by an average of 3% in 2016, according to a newly released salary guide.5 steps compliance departments must take
An Accenture report highlights five steps compliance must take to retain its role as a strategic adviser to the business.How to use forensic data to better manage risk
Companies worldwide are turning to forensic data analytics to reduce fraud risk, particularly from cyber breaches.US issues anti-inversion rules that include earnings-stripping provisions
The US tax authority, the Internal Revenue Service, issued a package of proposed and temporary regulations designed to reduce the tax benefits and incentives for corporate inversions.Panama papers leak provides road map for tax investigations
Tax authorities in various countries announced the launch of investigations after 11.5 million documents were leaked from a Panamanian law firm that specialises in setting up offshore entities.Anti-fraud controls cut significantly into losses, new report finds
The presence of anti-fraud controls such as management reviews and telephone hotlines can greatly reduce the damage done by fraud schemes. And the use of such controls is slowly on the rise.6 ways to get more out of Word
Microsoft Word is one of the world’s top tools for business communication. Here are some simple tips to help you get the most out of the word-processing software.3 ways to improve your vendor management
Setting specific criteria, doing a thorough review of a vendor’s insurance, and establishing a formal and regular performance evaluation system will help organisations improve risk management related to vendors. ERM experts Donna Galer and Al Decker offer more insight.6 tips to master the first 90 days in an accounting job
More than half of CFOs polled by Robert Half expect to see within three months whether a newly hired accountant is a good fit. These six tips help to onboard successfully.IAASB issues summary financial statement audit reporting guidance
The IAASB has issued guidance on the auditor’s responsibilities related to an engagement to report on summary financial statements derived from financial statements audited by that same auditor in accordance with International Standards on Auditing.How the US presidential election is shaping business decisions
Finance executives said the US presidential election will not factor heavily into their business planning, according to a survey by the American Institute of CPAs.How SMEs grow in an uncertain global economy
Small and midsize companies follow five strategies to increase revenue, head count, and investments while doing business in an uncertain global economy, PwC research suggests.Regulation still reigns as top risk for 2016
Uncertain economic conditions and pervasive, damaging cyber-threats did not prevent regulation from remaining the most worrisome risk for organisations, a new survey shows.
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