News
Survey shows division over FASB, IASB credit loss proposals
Investment professionals are hungry for international convergence of financial reporting standards for estimating credit losses, but they are divided on the best method for reporting, according to a new global survey.More US manufacturers want to bring back production from China
US manufacturers are increasingly planning to bring overseas production back to the US to reduce time to market and costs and improve product quality, research shows. Find out what would prompt companies to reshore even more manufacturing jobs.Six techniques for building a strategic finance department
Although finance departments are strong in functional expertise and learning skills, many of them lack competencies associated with communication and leadership. Learn techniques finance managers are using to build the right skills on their teams.Making the most out of meetings
The need for collaboration and innovation creates the need for meetings. Yet, meetings sometimes aren’t the best use of a company’s time, for a variety of reasons. Rhymer Rigby, author of The Careerist: Over 100 Ways to Get Ahead at Work, offers top tips on how to get the most out of meetings.CEO pay rises faster than CFO pay
Average CFO compensation rose 17.4% in two years, but CEO pay increased faster. Data from BDO USA show that the executive pay gap for midsize public companies is getting slightly larger. See which sector showed the highest average pay for CEOs and CFOs.Foreign tax collectors threaten to ensnare internet sellers with “virtual” nexus
As countries look to increase tax revenue, the concept of virtual permanent establishment may give them another tool to impose taxes on companies currently beyond their reach.The traits that separate CEOs from other leaders
Executives have traits that undoubtedly helped get them leadership positions, but how do those traits manifest themselves differently in leaders who become CEOs? A report by Russell Reynolds Associates, a global executive search firm, describes the traits that make CEOs different.Retention-focused US companies giving “stars” bigger raises
Raises for top performers at many US companies substantially exceed the pay increases given to average and low-performing employees, according to a recent survey. Nonetheless, there is a demand for even bigger incentives for top performers.Four ways to bridge the gap between boards and executives
Directors get much of their information from chief executives, who may be inclined to downplay risks when addressing the board members who hire them and manage their salaries. This can lead to an “effectiveness gap” that can prevent board members from having a true understanding of a company.Top 20 companies for leadership development
Hay Group research lists top leadership companies and details the practices they exhibit.Type A or Type B? Lease concerns emerge at round table
The economics of cellphone towers was cited as one of the many challenges the US Financial Accounting Standards Board (FASB) and the International Accounting Standards Board are encountering as they attempt to build one, converged, principles-based financial reporting model for leases.Corporate directors say new regulations aren’t worth the costs
Nearly two-thirds of US public company directors said recent regulatory and enforcement initiatives have not increased investor protections, according to a new survey.US proposes rules to compare pay of CEO, median employee
A rule proposed by the US Securities and Exchange Commission (SEC) would require US public companies to disclose the ratio between what companies pay their chief executives and their median employee.Agility, creativity in demand for finance professionals
Several thought leaders weigh in on the skills needed today from finance to become the leaders of tomorrow.Younger management, older workers and how companies can adapt
Globally, talent management has increasingly begun to include overseeing multigenerational teams as older workers stay on the job longer.Opening up innovation
To develop or refine products and processes, companies are increasingly seeking out previously untapped knowledge, finding it in corners of their own business along with actively pursuing the best ideas from outside their four walls. But opening up innovation comes with some obstacles.Businesses voice stiff opposition to lease proposal
The converged proposal on financial reporting for leases faces significant opposition from businesses from around the globe.Six drivers that determine where investors spend money abroad
Investors have begun to look beyond Brazil, Russia, India, China and South Africa as they look for new deal opportunities. Find out what drives them and where they are expected to spend their money.Should you take the blame for things that are not your fault?
Thirty percent of senior managers said in a recent survey that they accepted the blame for something at work that was not their fault. These managers often said they felt indirectly responsible, or they did not want to get others in trouble. Is this the right thing to do?
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