Finance and management accounting news - FM | Financial Management magazine

Resilience-building tips to help you perform under pressure

Performance coach Mark Sheasby draws on his experience working with police negotiators and elite athletes to highlight simple exercises we can all do to build resilience and ultimately thrive under pressure.

Rise in US accounting salaries accelerates

Accounting professionals in the US continue to be in high demand, and the starting salaries they can command are rising at an accelerating rate, according to new data.

6 ways to become more resilient to cyber-security threats

Despite efforts to do a better job handling cyber-threats, financial institutions worldwide are still outdone by nimble cyber-criminals. Here are tips for how financial institutions can become more resilient.

US finance decision-makers less confident

Finance executives in business and industry continued to express slightly lower confidence about their own businesses and about the US economy. Sentiment remains positive overall, according to a new survey.

Membership of EU good for British business, CIMA poll says

British voters have been promised their say on whether the country should remain part of the European Union in a referendum due to take place by the end of 2017.

Use a layered cyber-security approach to protect crown jewels

Maintaining a strong outer defence to networks and systems may not be enough to protect an organization from data breaches. Cyber-security expert Sajay Rai, CPA, said organizations are adopting layered approaches to cyber-security, with more controls around the most sensitive information.

Decision-makers not always relying on FP&A for business problems

Decision-makers still go with their gut in making business decisions, instead of relying on financial planning and analysis. According to research from CEB, FP&A data are sometimes misinterpreted and sometimes not even considered.

How internal audit can help manage 10 top technology risks

Internal auditors can play a pivotal role in managing technology risks ranging from cybersecurity to social media.

Lack of career clarity hinders employee retention

Seventy-eight per cent of workers say they would stay longer with employers if they had a defined career path, according to a survey by Mercer.

Tips for a successful not-for-profit strategic plan

Bob Mims, CPA, CGMA, Ducks Unlimited’s controller and director of investments, discusses how a not-for-profit can create a successful strategic plan.

Opportunities to improve working capital performance

Average working capital performance has improved for the first time in five years, but there is still significant progress to be made. Listed companies around the world could release €950 billion from their balance sheets by making improvements in this area, according to a survey by PwC.

Fraud costs UK companies an estimated £103 billion per year

In a competitive marketplace, companies could gain a significant advantage by measuring, managing, and minimising their losses to fraud, which are equivalent to 5.6% of expenditure, says a report.

How internal audit can make better use of technology

A constantly expanding set of technological tools presents rapidly increasing opportunities for internal auditors to provide value to their organisations.

World-class finance: better analysis, less cost, fewer people

With less staff devoted to compliance, the top finance teams can spend more time and money on forward-looking duties.

How internal audit can assess and support culture

Although measuring culture is a difficult task, internal auditors are well-placed to provide boards with useful insight into the cultural health of their organisation by examining the cultural aspects that influence and affect the criteria that are being audited.

FASB formally issues revenue recognition delay

The US Financial Accounting Standards Board (FASB) issued an accounting standards update that defers the effective date of its new revenue recognition standard by one year.

Global CEOs foresee more hiring in next 3 years

Nearly 80% of CEOs say they plan to grow their workforce in the next three years, and many are taking at least a moderately aggressive approach to growth. KPMG’s Global CEO Outlook also shows that chief executives are concerned about changing customer dynamics.