News
Budgeting, planning & forecasting: What’s on the horizon?
A survey of CGMA designation holders offers insight into the state of corporate budgeting, planning, and forecasting.Examine clichés in approach to innovation
To find business areas ripe for disruption, examine assumptions about your processes, your prices or your products, innovation expert Luke Williams said in a speech Monday to the AICPA’s governing body.Ireland plans to eliminate corporate tax loophole
Ireland has positioned itself as a low-tax jurisdiction to attract foreign multinationals, and the double-Irish loophole has been criticised as a method that allows multinationals to avoid paying tax.Vetting job candidates on social media? Beware the risk
Although research shows that more organisations are using social media as a way to vet job-seekers, some experts say any information that’s found is not worth the risk of viewing protected information such as race, religious preference, or political affiliations that should not be considered in the hiring process.Identifying fraud, waste, and abuse in the supply chain
Many companies worldwide struggle to get a handle on fraud, waste and abuse risks in the supply chain. A Deloitte fraud investigator offers seven questions that may lead accountants to breaches.US government postpones certain FATCA deadlines
The Internal Revenue Service said it will revise temporary regulations issued in March to ensure that a number of the requirements under the Foreign Account Tax Compliance Act for identifying foreign account holders will not apply before Jan 1, 2015.CFOs spending less time responding to crises, survey says
U.S. CFOs are less likely to respond to a crisis at work, according to a new report that offers five ways to better manage and avert crises. One possible reason for the decrease: The definition of “crisis” may have changed during the recession.Global cyber-attacks up 48% in 2014
The number of reported information security incidents around the world rose 48%, according to PwC’s The Global State of Information Security Survey 2015.Are workers confident in their boss?
Plenty of workers like to complain about their supervisors. But are they confident in the leadership their boss provides? You might be surprised.Continued rise projected for accounting salaries in 2015
Starting salaries for accounting and finance professionals in the United States and Canada across a wide range of positions are expected to trend upward again in 2015.Regulation, inflation drove audit fees higher in 2013
Regulatory oversight and inflation have played significant roles in the rise in fees US companies paid in 2013 to external auditors, according to new research by Financial Executives International.Board members keenly focused on risk
US public company board members are increasing certain procedures to prevent fraud risk, but many are not comfortable with their understanding of their companies’ risk appetite, according to a new survey.Business analytics skills high on CFO wish list
As the quantity of data available to companies grows, skills such as business intelligence and data mining are increasingly essential parts of a finance professional’s toolkit. But getting the most out of business analytics requires much more than technical know-how.Why investors target the executive pay gap
A global survey conducted by Harvard Business School on the gap between executive compensation and unskilled workers’ wages offers answers to why shareholders are baulking at CEO pay.What hiring managers should ask job candidates
Proper screening of job applicants is a vital skill today, with a global talent crunch and the potential to lose money by making a bad hire. Several finance professionals offer their tips on what hiring managers should ask to make better decisions.EU adopts environmental, social disclosure rules for large companies
The European Council adopted a directive that will require about 6,000 large companies and groups across the European Union to disclose nonfinancial information on their environmental and social impacts as well as diversity policies for boards of directors.CFOs dealing more than ever with internal complexity
Complexity related to internal growth is a top challenge for CFOs, according to new research by Accenture. The report also shows that CFOs’ strategic influence is growing and that organisations are more focused on growth than on cost-cutting.Better reporting leads to improved decision-making, strategic clarity
Companies using integrated reports say they have seen improvements in decision-making, collaboration by board members, and understanding of risks and opportunities. Research by the IIRC also shows most organisations in its pilot programme think the reporting helps educate investors.US government moves to curb tax inversions
The US Treasury Department announced that it will take steps to curb corporate tax inversions, a growing tax minimisation strategy that has been the subject of many headlines recently.
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