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The percentage of company financial staff devoted to general accounting levelled off in 2017, according to a new report, but the reasons are uncertain.
For a business to be robust in the face of disruption, it needs to be agile. Peter Simons, FCMA, CGMA, looks at how the finance function is changing to support and encourage that agility.
Fraud in the procurement-to-pay process is very common and extremely difficult to detect. Here are seven steps small- and medium-size companies can take to identify it or prevent it from happening.
One of the most common types of fraud centers on expense reimbursements. Here are four ways small and mid-size companies can detect or prevent it from happening.
One finance executive centralised finance brainpower at his fitness company, offering an illustration of how finance transformation can succeed at small and mid-size businesses.
Decision-makers still go with their gut in making business decisions, instead of relying on financial planning and analysis. According to research from CEB, FP&A data are sometimes misinterpreted and sometimes not even considered.
Average working capital performance has improved for the first time in five years, but there is still significant progress to be made. Listed companies around the world could release €950 billion from their balance sheets by making improvements in this area, according to a survey by PwC.
To increase SMEs’ options, especially as heightened regulatory scrutiny has raised banks’ risk aversion in the wake of the global financial crisis, the International Organization of Securities Commissions offers seven recommendations to ease SMEs’ access to capital markets.
Finance operations of top-performing companies are able spend more time on analysis and less on data gathering, and they often cost less, according to a global report by PwC.
The Financial Conduct Authority and the Prudential Regulation Authority have confirmed their approach to strengthening the accountability of individuals working at all levels of the banking sector.
