News
How to streamline your company’s annual report
The UK’s Financial Reporting Lab conducted a review of current practice and has drawn up suggestions on how to reduce the length of annual reports, citing examples of best practices from BP and Prudential.IASB official: Global accounting standards are “achievable,” “inevitable”
Ian Mackintosh, vice-chairman of the International Accounting Standards Board (IASB), said in Johannesburg that the goal of global accounting standards is achievable. Mackintosh said the pace of globalisation in business makes adoption “inevitable.”Banks fail to provide digital experience customers crave
Paring down the branch network and directing investment into technology that enables customers to conduct their business faster is the blueprint for survival.Keys to retention: Career advancement, strong leadership
Limited career advancement opportunities for employees leave many employers in danger of losing top talent as global hiring heats up, two new surveys show.Organisations mainly cautious when it comes to corporate cash
More large multinationals are growing cash reserves than shrinking them, according to an annual survey. Those that had cash reserves decline most often pointed to capital expenditures as the reason.When climbing the ladder, manners are often left behind
Courtesy plays a role in a person’s career development, but sometimes those who get promoted are seen as less mannerly. A new survey shows that courtesy toward co-workers can have a positive effect on career prospects.UK FCA issues guidance on financial promotions in social media
The way companies use social media is under increasing scrutiny by regulators across the globe. A UK regulator has issued guidance for financial services companies on the use of social platforms as a vehicle for customer communications.Why CFOs must avoid being overwhelmed by details
As the finance function expands its duties, it’s easy for CFOs to find their time drained by low-level discussions in areas outside the finance department. Learn how to avoid getting caught up in small details that are outside the normal course of duties.What employees’ desire for flexibility means for talent management
In the coming years, the world of work will be shaped by employees’ desire for autonomy and flexibility, which may sound the death knell for traditional models of employment and office spaces, according to a PwC report.Proposed new guidance outlines 12 principles for internal auditing
Proposed changes to guidance followed by internal auditors include a new mission statement and a set of 12 core principles that highlight what effective internal auditing looks like in practice.Tips for taming the email beast
Email is great. But too much email can be a drain on productivity, and checking email at all hours on mobile devices can increase stress levels. Here are some tips for managing email consumption.Convergence unachieved after IASB publishes financial instruments standard
The International Accounting Standards Board (IASB) issued a new financial instruments standard that introduces an expected-loss impairment model.CEOs pursuing growth amid concerns about competition
In an environment of modest economic growth and fast change, US CEOs are worried about staying relevant and maintaining their edge, according to a new survey report.UK amendments will change measurement of some financial instruments
The UK Financial Reporting Council issued amendments that are expected to result in more financial instruments being measured by reference to cost rather than fair value.Technology plays a role in board members’ top two concerns
Reputational risk and cybersecurity are US company board members’ top nonfinancial concerns, according to a new survey report. Read more about the risks that are rising—and falling—on board members’ lists of concerns.The ten hottest spots for foreign direct investments
Developed economies regained some momentum in attracting foreign direct investments last year, but developing countries remained the bigger draw.Revenue transition group debates difficult implementation issues
A lively discussion by a new revenue recognition transition resource group gave FASB and the IASB plenty of views to consider as they ponder how to help preparers with implementation questions related to the revenue recognition standard issued in May.UK FCA recommends review of banking services for SMEs
UK retail banks are not meeting the needs of SMEs, according to a study by the Financial Conduct Authority and the Competition and Markets Authority, which say more investigation into the issue is needed.How close is China to becoming an advanced economy?
A slowed, more stable growth, rising labour costs and an emerging consumer class are signs that China may join South Korea and Taiwan and become an advanced economy. But success is far from guaranteed, says a senior economist at Wells Capital Management.
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