News
What worries CEOs most?
Global economic uncertainty, government response to debt and deficit, and overregulation are among the most worrisome things to CEOs these days, according to PwC’s annual global CEO survey. Find out what strategies they’re employing to protect their companies from the effects of each.Companies invest in employee training to reduce global skills gap’s effects
Spending on employee learning and development is rising as companies attempt to hire and train new workers and leaders alike to combat a global skills gap, according to research by Bersin by Deloitte. Read about some of the best practices in L&D, as well as mistakes to avoid.Preparers tell IASB: Disclosure requirements too extensive
Financial statement preparers’ concerns about disclosure overload came through loud and clear in a survey recently conducted by the International Accounting Standards Board (IASB).Study by UK researchers shows inconsistency in IFRS application
UK researchers reported inconsistencies in compliance with certain impairment disclosure requirements across jurisdictions in Europe in a study released this month, indicating that IFRS are not being evenly applied.IAASB, PCAOB, CAQ seek ways to measure audit quality
The International Auditing and Assurance Standards Board (IAASB), one of many organisations attempting to tackle this challenge, has issued a consultation paper, A Framework for Audit Quality, that it hopes will generate discussion and actions that will improve audits.US tax collector postpones reporting of specified foreign financial assets for one year
The U.S. Internal Revenue Service (IRS) announced that it is postponing for at least one year the requirement that U.S. domestic entities report interests in specified foreign financial assets.Risky behaviour more common amongst middle managers than in C-suite
The senior executives often are the ones who make headlines when they act in ways that damage their companies. But behavioural risk to organisations actually decreases as seniority increases at the manager and professional level, according to new international research performed by talent measurement solutions provider SHL.Finance executives worldwide on alert about US debt issues
Management accountants are bracing for a decision by the US Congress on the nation’s debt ceiling and spending, and a majority predict the US will suffer in the form of a lower credit rating and weaker dollar. Market volatility and uncertainty is a concern for many finance executives, according to a new CGMA survey.Pay raises rampant in emerging markets
Projected raises for workers in emerging economies far outpace those of workers in developed areas such as Western Europe and North America. A study by Hay Group shows that pay in some emerging markets is expected to increase 10% in 2013.Five CEO myths – and what every manager can learn from them
Have you seen a new CEO immediately excel? What sorts of things did a new chief executive do well? A Boston Consulting Group report takes a look at some of the myths about how CEOs should act in their first 100 days.FATCA final regulations cover all the bases
The US Internal Revenue Service (IRS) issued final regulations providing rules on information reporting by foreign financial institutions (FFIs) and withholding on certain payments to FFIs and other foreign entities.More women join boards, but progress comes slowly
In the past six years, women joined boards of directors of S&P 1500 companies in increasing numbers, diversifying the boards’ expertise, skill sets and viewpoints. But one-fourth of boards still did not have women directors in 2012.Mervyn King: It’s business as “unusual” if you want to survive
International Integrated Reporting Council Chairman Mervyn King discusses what makes a good-quality integrated report.The countries with the most business-friendly taxes
In the past eight years, paying taxes has become easier and the tax burden lighter for many small and mid-size companies around the world, according to research by the World Bank and PwC. Find out which countries have the lowest tax rates and the least compliance hassles.Four lessons to learn from high-performing companies worldwide
Ernst & Young research identified four areas in which high-performing companies did a better job handling the challenges of the harsh global economic conditions. Find out what lessons can be learned from high performers worldwide.New mechanisms eyed by FASB, IASB in long march toward global comparability
The mechanisms for continuing to facilitate global comparability in accounting standards will change over the next few years. But the leaders of two major standard-setting boards said during a meeting in New York City that the commitment to global comparability remains.Big changes coming for audit reports
With proposed new requirements coming for the auditor’s report and new initiatives such as integrated reporting emerging, international auditing standards appear likely to undergo a period of substantial change.Growth, company size go a long way in determining CFO pay
US companies that grew by 50% or more in the three years prior to April 2012 increased CFO pay by an average of 20.2%, according to a report by Verisight and The CFO Alliance. For CFOs at companies that grew less than 10%, average pay increased 0.9%. Chief executives’ pay also was tied closely to a company’s size and growth.Inside the head of a head-hunter: How to secure your next senior role
In today’s cut-throat job market, working effectively with a head-hunter could prove critical in securing your next senior finance role. Find out what a head-hunter looks for in a candidate.
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