News
Alignment is key for internal audit to deliver more value
As demands on internal audit are rising, a new survey shows that a majority of senior executives do not believe internal audit provides significant value. Learn how internal audit can provide more value to organisations.Expectations and reality vastly different for IT departments
IT departments with a solid infrastructure are seen as more strategic and give companies a better chance at getting applications to market ahead of competitors, a survey shows.Ten riskiest cities for natural disasters
Insurance company Swiss Re conducted a natural disaster risk analysis on 616 urban centres across the globe and reveals which are most exposed.How to become one of the world’s most ethical companies
US toy and game manufacturer Hasbro has been one of the world’s most ethical companies three years in a row. Being transparent and sharing its best practices is part of its culture of ethics.Women on board
Businesses with female senior management exhibit stronger financial performance, research indicates. So what’s stopping so many companies from realising the value of having women at the helm?Regulation demanding increased internal audit focus
The push continues for internal auditors to focus on strategic risks, but regulatory compliance duties are standing in the way, a new survey shows.US issues guidance clarifying tax treatment of bitcoin and other virtual currencies
The Internal Revenue Service (IRS), the US tax agency, issued its first guidance on bitcoin and other virtual currencies, in the form of 16 questions and answers.IASB proposal designed to improve disclosures
The International Accounting Standards Board issued a proposal that would amend accounting rules as part of a broader initiative to make financial reporting disclosures more relevant.Retailers struggle to capitalise on omni-channel opportunity
Providing consumers with a seamless shopping experience across a variety of channels gives retailers a golden opportunity to differentiate their brand, but technical, operational and organisational barriers have prevented many from achieving this goal, posing a threat to their long-term sustainability.How to ramp up productivity with a good start to the day
Fifty-eight percent of CFOs start the day by checking their email, according to a new survey. Find out how to prevent email and other distractions from putting you behind schedule.Forty-four countries agree to deadline for automatic exchange of tax information
The 44 countries include ten UK crown dependencies and overseas territories, some of which, such as Jersey, the Isle of Man, and Bermuda, are commonly regarded as tax havens.UK FRC publishes new insurance contracts guidance
New accounting and reporting requirements for entities with insurance contracts published by the UK Financial Reporting Council (FRC) are intended to provide interim guidance in UK and Irish GAAP while the International Accounting Standards Board (IASB) completes its insurance contracts project.Internal auditors racing to keep pace with technology
Internal auditors have a strong desire to know more about emerging technologies and improve the way they use technology to perform their duties, a new survey shows.Why M&A success is elusive for some companies
Research delves into the reasons some M&A success is elusive for organisations. The conclusions are that companies can’t handle the complexity of the deals or they lose focus during the integration stage.Boards remain split on lease expense recognition
The US Financial Accounting Standards Board and the International Accounting Standards Board failed to reach a consensus for new lease accounting guidance but vowed to continue working together in pursuit of consistency.11 issues that could flare up at the next shareholder meeting
US public companies are operating in an environment full of both risk and opportunity as they prepare for their annual shareholder meetings.Why workers are overwhelmed, and what companies can do to help
Connectivity has given employees far more flexibility, but the always-on trend has a way of overwhelming workers. And companies aren’t prepared to handle the management of overwhelmed employees, executives in a global survey by Deloitte say.No easy answers in key leases standard debate
The US Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) are struggling to find common ground in their efforts to create a converged standard for financial reporting on leases.Regulatory issues requiring more attention from some CFOs
Twenty percent of US CFOs reported in a new survey that it has become more challenging to manage their firms’ compliance-related initiatives in the past 12 months.
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