News
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.Where multinationals are investing
Global foreign direct investment dropped 16% in 2014, but multinational companies and other large investors saw substantial growth opportunities in East and Southeast Asia, according to a 2015 United Nations study.IASB may delay new rules for transactions with associates, joint ventures
The International Accounting Standards Board (IASB) is reviewing whether it moved too quickly on narrow-scope amendments to IFRS 10 and IAS 28.Proposed IFRS taxonomy updates released
Taxonomy updates to reflect new reporting standards were proposed by the IFRS Foundation. The proposed updates are for organisations who wish to report electronically. Comments can be made through October 30th.IAASB proposes changes to reporting on summary financial statements
The International Auditing and Assurance Standards Board has released proposed changes related to reporting on summary financial statements.4 ways CFOs can help chief marketing officers drive growth
Here are four ways to ensure the relationship between the CFO and the chief marketing officer is successful.Investors are demanding ethics management information, but organisations struggle to collect it
New CGMA research highlights a number of contradictions with regard to business and ethical issues. While there is increasing investor demand for ethical management information, companies struggle to collect and report such data.IASB proposes revenue recognition clarifications
The International Accounting Standards Board (IASB) addressed financial statement preparers’ concerns Thursday by proposing clarifications and transition relief related to the new revenue recognition standard.6 interview questions get to the heart of Generation Z
Generation Z, the newest section of the workforce, is leaving university with new habits of a digitally networked, post-recession world. It’s enough to make a hiring manager reconsider interview questions. Here’s what to ask.
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