News
Corporate treasurers’ strategic role growing
Corporate treasurers are taking on increasingly strategic roles as organisations manage high cash reserves in the aftermath of the financial crisis, according to a new report.Compliance fatigue leaves companies open to risk of fraud
Board involvement in compliance issues has declined over the last two years, and many companies have yet to implement adequate fraud protection processes, according to an EY report, which suggests that “compliance fatigue” has set in and urges boards to undertake more effective oversight of the risks.Global manufacturers shift strategies to seek growth and profits
Emerging markets are no longer the lure they used to be for global manufacturers. To drive growth and increase profitability, more companies are instead focusing on developed markets and internal operations.Most of tomorrow’s leadership talent isn’t ready
Find out how tomorrow’s leadership talent is different from the old guard, how to develop a more skilled leadership talent bench, and which countries do best in attracting and developing leadership talent with global skills.Employees want pay cheques to recover along with economy
Employees endured salary freezes and pay cuts while their employers suffered through economic hard times. But now they are ready for their pay cheques to recover along with the economy.International forum aims for cohesion in corporate reporting
Organisations with key roles in corporate reporting have formed an international forum to promote coherence, consistency and comparability.Examination and designation updates for 2015
Candidates from the Chartered Institute of Management Accountants and the American Institute of CPAs will soon be required to pass the same, strategic case study exam to earn the CGMA designation.Five steps to tackle Africa’s economic hotspots
Sub-Saharan Africa is a rapidly rising destination for multinational companies looking to expand into the next emerging economic hotspots. Five steps can help companies reduce the risks and tackle the challenges of such a move.UK “strategic report” guidance targets clarity, usefulness
Strategic reports that are newly required for some UK companies should provide investors with concise, useful information, according to new guidance released by the UK Financial Reporting Council.Best practices for sustainability in SMEs
Sustainability matters for organisations, not only to meet the demands of stakeholders but also to improve financial results. A CGMA report discusses ten sustainable business practices for small and medium-size enterprises.US tightens information filing requirements for foreign corporations
The US tax agency, the Internal Revenue Service (IRS), issued final and proposed regulations amending the rules for filing the information return it requires from foreign corporations engaged in a US trade or business and US corporations that are 25% foreign-owned.US finance professionals are upbeat, but they have staffing concerns
Finance professionals continue to express optimism about the US economy and their own businesses, according to the latest quarterly economic outlook survey by the American Institute of CPAs.UK regulator: “True and fair” trumps accounting standards
New guidance for UK companies from the UK Financial Reporting Council reconfirms that accounting standards should be overridden when compliance with the standards results in accounts that do not portray a true and fair view in financial reporting.Eight cures for your costly time-management ills
Companies are wasting valuable resources because they do not monitor and track employee time as tightly as other resources, according to a recent survey. Find out how to cure eight costly time-management ills.In-demand accountants see salaries rise
A combination of a skills shortage and the opportunities provided by the resurgent UK economy have created a highly competitive market for finance and accounting talent.Revenue recognition transition issues to be tackled by new group
A new group devoted to dealing with transition issues related to the new, converged revenue recognition standard will meet twice in 2014 and four times in 2015.EC report recommends adapting tax rules to digital economy
A group of experts recently presented the European Commission a final report discussing how the EU should tax the digital economy. The group advises that EU tax policy must focus on digital economy tax issues.How preparers can make revenue recognition implementation smooth
Financial statement preparers are embarking on a daunting task as they begin to ramp up for implementation of the new, comprehensive, converged standard on revenue recognition.What predictive modelling can tell us about World Cup 2014
Analysts at Goldman Sachs have used statistical modelling to pick their top prospects for the World Cup, which begins June 12 in São Paulo.
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