Future of finance

Following the rules to sustained profitability

Exceptional companies find success based on value, and they emphasise finding ways to make money before finding ways to save it. Learn the three rules of exceptional companies and why itโ€™s not always easy to follow those rules.

IIRC releases International Integrated Reporting Framework

The International Integrated Reporting Council (IIRC) on Sunday made public an approved framework for integrated reporting. The group intends for the framework to guide companies on how to best communicate with their stakeholders. The release represents a key step forward for integrated reporting (IR). The aim of IR is to

Ten tips for implementing shared services

The benefits of moving a process to a shared-services centre can be substantial in the right circumstances, according to Ravichandran Venkataraman, ACMA, CGMA, senior vice president and head of the Global Services Division at Hewlett-Packard.

Firms turn to finance for CEO posts

Britainโ€™s largest companies are increasingly turning to chief executives with a background in finance, according to Robert Halfโ€™s annual FTSE 100 CEO Tracker.

Five ways for finance to become an innovation partner

The finance function isnโ€™t just for approving or monitoring strategic initiatives; itโ€™s becoming part of the decision-making team. A new CGMA report shows how CFOs and other finance professionals can be partners to successful innovation.

Six ways to get finance out of the silo

As a growing number of companies look to form stronger links between finance and other business functions, managers are finding a shortage of finance professionals with business-partnering skills, new research suggests.

Why CFOsโ€™ roles are shifting

Among CFOs in the United States, 72% expect their role to expand in the next year. Thatโ€™s similar to last yearโ€™s numbers in an annual survey by The CFO Alliance. The priorities involved in that role change are also shifting.

US companies may be ready to deploy cash, survey shows

Corporate treasurers who plan to reduce cash holdings in the first quarter of 2013 outnumber those who plan to increase such reserves, according to a survey by the Association for Financial Professionals. That could signal a shift out of a period in which companies have been holding on to cash in an uncertain economy.

Kaplan: Cost shouldnโ€™t drive decision on shared service centres

The decision to set up a shared service centre should not be motivated by lowering costs, according to one of the creators of the Balanced Scorecard. Robert S. Kaplan says business units should always question why they want to provide a service internally rather than using external suppliers before making a decision on a shared service centre.

CFOs in high demand for board positions

When it comes to corporate boards, CFOs increasingly are in demand for their financial and strategic expertise. The benefits of serving in those positions include gaining general management or board knowledge, and gaining exposure to different companies or industries, according to a new report.

A remedy for the broken economics of health care

Harvard Professor and Balanced Scorecard co-founder Robert Kaplan has applied his performance measurement expertise to the US healthcare system. See what problems he has found and what solutions he recommends.
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