The Chartered Institute of Management Accountants and the American Institute of CPAs released a draft framework of global principles designed to help CFOs and boards benchmark and improve their management accounting practices.
Although financial return crowdfunding does not pose systemic risks to the world economy yet, it does create problems for investor protection that need to be addressed, according to a new report.
Technological advances provide big opportunities for business transformation, according to a new global survey of CEOs. Evaluating Big Data risks and using innovation strategies can help businesses capitalise on these opportunities.
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 it’s not always easy to follow those rules.
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
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.
Organisations are building momentum for the use of Big Data by integrating data analytics into their strategy in small projects that deliver substantial results, according a new report.
Finance teams at large multinational companies can expect more and increasingly sophisticated tasks to come their way. The majority of those teams will have to perform those tasks with the same or fewer resources.
Britain’s largest companies are increasingly turning to chief executives with a background in finance, according to Robert Half’s annual FTSE 100 CEO Tracker.
The finance function isn’t just for approving or monitoring strategic initiatives; it’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.
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.
Among CFOs in the United States, 72% expect their role to expand in the next year. That’s similar to last year’s numbers in an annual survey by The CFO Alliance. The priorities involved in that role change are also shifting.
While the amount of data that companies collect can be good for business, the numbers themselves are not a guarantee of success. Human expertise is needed to parse the data.
Finance teams are planning to invest more time and resources into business partnering despite the barriers that hinder its effectiveness, such as inadequate systems and skills.
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.
Companies doing business in Europe should prepare for a “lost decade,” new research suggests. Facing stagnant economic growth, low consumer demand and limited access to credit, companies must be prudent but they can’t miss out on opportunities.
Western Europe and North America are still attractive to foreign investors, but not as attractive as the top five emerging market hot spots. Even lesser-known emerging economies are gaining ground.
