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US corporate treasurers continue to be more likely to deploy cash compared with previous years, according to a quarterly survey by the Association for Financial Professionals (AFP).
Global payroll processes with local flexibility could create efficiencies in multinational organisations that have an appetite for more efficiency and effectiveness in their payroll processes.
New regulations and increasing complexity are demanding additional attention from finance executives even as they try to meet a growing need for their services as strategic partners in their companies.
The UK’s financial services industry could be subject to greater scrutiny over the performance of its products and complaints procedures under proposed new regulator rules.
Although companies are reporting growth in much higher numbers, cutting costs remains a part of their business strategy for the next 24 months, according to a new survey of large US companies.
A company’s management and its board members have differing views on the effectiveness of internal audit – by a wide margin, according to PwC. Get guidance for how audit committees can set clear and lofty expectations and drive internal audit to better performance.
Accounting and consulting firm BDO USA put together a list of the issues most likely to be important to investors during annual-meeting season. Memo to company executives: Consider this a ten-step primer for the question-and-answer portion of your annual shareholder meeting.
Strategic divestitures, as opposed to recent cash-grab shedding of assets, are foremost on the minds of global executives, a new Ernst & Young report shows.
Moody’s lowered the UK’s government bond rating to Aa1 from Aaa about a year after it warned investors that weak economic growth was hampering the UK’s ability to reduce its debt and deficit.
US companies considering the sale of a business are increasingly shifting their focus from meeting financial needs to meeting corporate strategic goals. But not enough are following the tactical considerations necessary to get the highest price or close the deal fast.
The US Federal Reserve has issued guidance to encourage US banks with more than $10 billion in total assets to have their internal audit functions report to the chief executive – a move that could influence similar changes in other industries, observers of the profession say.
CFOs are being included in decision-making, and the capability they most want to see finance organizations improve is their strategic planning, according to a recent survey. The top challenges finance teams face are related to strategy.
IASB Chairman Hans Hoogervorst used a speech as an opportunity to push for the US Securities and Exchange Commission (SEC) to allow US public companies to adopt IFRS for their financial reporting. On the same stage, FASB Chairman Leslie Seidman said US financial reporting needs clearer guidance than the IASB has offered.
The Middle East has many qualities that draw foreign investors. A survey suggests that companies worldwide are keeping a close eye on investment opportunities in the region. But the survey also explains why many companies still hesitate to take the plunge.
Executive teams tend to struggle most with decisions that involve high uncertainty and high cost, new research shows. In addition, CFOs face a broad range of decision-making barriers, including the biases of members of the executive team. Nine different barriers each received votes from at least 20% of CFOs.
Sharia law, the Muslim code of conduct, prohibits lenders from charging interest or trading in debt. Islamic bonds called sukuk comply with sharia, and they enjoy rising popularity in the Middle East, North Africa and Southeast Asia. Rising demand for sukuk is outstripping supply.
This month’s column is based upon my discussion with Paul Walsh, chief executive of Diageo, the world’s largest and most respected premium drinks company, responsible for iconic brands such as Johnnie Walker and Baileys.
Older workers are staying longer in jobs, resulting in top-heavy companies whose per-employee cost in Europe has risen 16% since 2009. Productivity is down, and younger workers are having a tougher time finding work, according to a PwC report.
