News
Eight questions for a holistic risk assessment
In recent years, according to an International Federation of Accountants (IFAC) report, internal control has come to be viewed as an integral part of risk management and governance rather than a separate concept unto itself.Companies turn inward to help turn a profit
In an uncertain economy, companies expect to continue making money by focusing on efficiencies, according to a Deloitte survey of CFOs. But the strategy won’t last forever, some CFOs warn.Six ways to make financial statement disclosure notes clearer
A recent European Financial Reporting Advisory Group discussion paper is a significant step toward streamlined disclosures in financial reporting.New US tax rules aim to shut down certain outbound asset reorganisations
The US Internal Revenue Service (IRS) issued rules to govern certain outbound asset reorganisations involving the transfer of intangibles under US tax Code Sec. 367(d) occurring on or after July 13th, 2012.US regulator’s report offers detailed look at IFRS
As expected, a report released Friday by the US Securities and Exchange Commission (SEC) did not contain a recommendation on whether US public companies should be allowed or required to adopt IFRS for their financial reporting.With SEC report looming, uncertainty over IFRS expected to linger
Although the release of a long-awaited US Securities and Exchange Commission (SEC) staff report discussing IFRS adoption is imminent, uncertainty over the issue appears certain to linger.One-to-One: Top tips from the boardroom
The need to measure and manage the human dimension has never been greater if companies are to achieve sustainable success. That was the clear imperative acknowledged by CEOs in the report that marked the launch of the CGMA, Rebooting business: Valuing the human dimension. In addition to surveying 280 CEOsMore domestic, same-sex partners receiving mobility benefits
Organisations sending employees on international assignments increasingly are including domestic partners of the opposite sex and the same sex in mobility benefit plans, a new survey shows.The look ahead: Could lull in US jobs recovery hinder housing?
The US unemployment rate, which dropped to a three-year low in April, appears to have levelled off. And in the week ahead, we’ll find out whether the lull has stalled the recovery of the US housing market. Housing, a broad barometer of the nation’s economy, has displayed signs of movement this year following a sluggish 2011. But if the US jobs situation worsens, the housing market could follow.Concerns about Europe, global economy drive down economic optimism
Revenue and profit projections dropped sharply in the second quarter, according to a global CGMA survey of finance executives. Those and several measures of economic sentiment led to a decline in optimism worldwide.Cultivating and reporting ESG success can be profitable
Understanding the perceptions of stakeholders who are keeping track of environmental, social, and governance (ESG) issues can lead to reduced risk and lower cost of capital, according to a Deloitte report. Reporting ESG successes can lead to increased valuation.Europe remains hot spot for foreign investors
Europe is holding up as a key destination for foreign investors despite the euro-zone crisis and competition from the world’s rapid-growth economies, an Ernst & Young study suggests.Small companies must decide to pay or play under new health-care rules
The US Supreme Court's decision to uphold a keystone of the Patient Protection and Affordable Care Act (PPACA), the centrepiece legislation of US health-care reform, is expected to reshape employer-sponsored health insurance. But small companies and companies that employ low-wage workers may feel the most acute effects.Private and public companies report rise in audit fees in 2011
Total external audit fees paid by companies rose in 2011, according to a poll of more than 270 executives.The look ahead: Will Spain get enough to bail out banks?
Spain, one of five European countries that has sought international financial assistance, may find out by July 9th the terms of a deal to bail out its beleaguered banks.Banks re-examine operating models to stimulate growth
While enduring a difficult economy and increased regulation, banking executives are re-examining their operating models in hopes of stimulating growth.How to use ERM to manage cloud risks
Management should begin control-related activities before an organisation contracts with a cloud-computing service provider (CSP), according to guidance provided in a recently released thought paper.Employers worry about top employees taking their talent elsewhere
As the economy improves, and the competition for top-notch talent increases, employers are expressing concern about retaining that talent – and the cost of losing and replacing talent, a survey shows. Employers think that retention strategies help limit losses.US Supreme Court upholds health-care law
The US Supreme Court on Thursday declared a mandate requiring US citizens and legal residents to maintain minimum essential health insurance coverage, to be a permissible exercise of Congress’s taxing powers under the Constitution.
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