News
Risks emerge as companies continue to rely on non-bank credit
Unlike the complicated chains of credit securitisation that helped trigger the global financial crisis eight years ago, today’s non-bank debt is straightforward, simple, and generally transparent, but its rapid rise poses some risks.CFOs increase spending on cyber-security
A majority of technology CFOs in a new survey have increased their spending on cyber-security, and a broader survey of finance executives shows increased concern about cyber-attacks.Accountants prefer problem-solving over number crunching, survey says
Accounting and finance professionals said solving problems gives them the most career satisfaction, ahead of working with numbers, according to a new survey.Report: Investment in talent leads to faster revenue, profit growth
Organisations with strong leadership and talent management practices can increase revenue 2.2 times faster than those with weak talent development, a new global report says.Boards agree to propose additional changes to revenue standard
Additional changes to the converged revenue recognition standard will be proposed by the Financial Accounting Standards Board and International Accounting Standards Board.Internal audit may need a makeover
Many internal audit functions will need to undergo a fundamental shift in the coming years to keep pace with changes at their organisations, according to a new survey report.“Pervasive” pressure challenges internal audit’s objectivity
Fifty-five per cent of North American chief audit executives have been asked at least once to omit or modify an important audit finding, according to new research. Here’s how internal auditors can maintain their objectivity in the face of such pressure.Getting finance into the cloud
Finance has been slower to embrace the cloud than other business functions, particularly sales and operations. Here are five steps finance professionals can take to begin implementing the cloud.UK regulator publishes guidance on financial promotions in social media
The Financial Conduct Authority, a UK regulator, confirmed guidelines that advise financial firms how to do social media promotions. The guidelines aim to ensure that British consumers fully understand the potential benefits and risks of the promoted products or services.Ticket to retention: More paid time off
The key to better employee retention could be paved with more paid time off – not benefits, as CFOs have assumed, new surveys indicate.“Softer” issues of culture, engagement becoming harder for companies to master
A global survey by Deloitte shows that employee engagement is a rising concern and that organisations seem to be falling behind as they try to re-imagine ways to manage and develop their workforce.Where paying taxes is the most business-friendly
Find out which region in the world has the lowest tax rates and least tax-compliance hassles for businesses.Forging co-operation between internal audit, external audit, audit committee
The varied roles of internal auditors, external auditors, and audit committees often intersect. A new report describes how they can work together for mutual benefit.Internal auditors confident in risk assessment but face possible talent shortage
Internal auditors in North America are confident in their ability to assess risks on a continual basis, but they face a potential talent shortage in the profession.The technology trap: The right questions to ask before making an IT investment
CFOs must prepare themselves to make critical decisions regarding IT investments. They don’t need to become technologists, but they do need to ask the right questions to make sure they understand an investment’s business impact.US finance execs remain optimistic, envision growth, according to survey
Overall optimism amongst US finance executives in business and industry took a slight dip, but sentiment remains positive compared with previous first quarters in the post-recession era, a new survey shows. Optimism in most sectors is up year over year.Why venture capital investing is booming again
Venture capital investors regained their confidence in 2014, and venture-backed deal activity soared worldwide.3 ways to improve the quality of management information
Just 40% of companies consider the management information provided by their finance function to be insightful, according to a Deloitte finance benchmarking survey. The report highlights three areas where action is needed if finance teams are to more effectively support decision-making.Root cause analysis can improve audits, regulators say
Root cause analysis of audit issues has the potential to bring about significant improvements in audit quality, audit regulators said while presenting results of a global survey of audit inspection findings.
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