The innovative collection and use of data is developing rapidly and has the potential to be highly beneficial, helping businesses to better understand their markets, identify where to make ... Read More
The biggest barriers to optimized performance tend to be self-imposed, such as permitting unnecessary complexity in finance processes and systems. Size equals scale equals efficiency, right? Yes, but there ... Read More
The time for accepting flat revenue numbers has passed, say the CFOs with whom Nick Araco has spoken in the past six months. And the era in which CFOs ... Read More
In December 2002, five months after he became chairman of the Financial Accounting Standards Board, Robert Herz told a conference of auditors that FASB had set a “very ambitious” ... Read More
Directors and officers need to understand how to improve their insurance policy’s response to cyber risk. For any public company, a large data breach, such as the latest Target ... Read More
Does audit firms’ emphasis on data analytics mean that audits themselves are suffering? Regulators around the world are worried that a rise in audit firms’ consulting business and a ... Read More
Integrated reporting that includes measures of sustainability and social performance point to a better corporate future. A look into the crystal ball of global sustainability issues for the next ... Read More
For many entrepreneurs, success is measured by profitability and achieved by increasing revenue and decreasing expenses. But just focusing on those desired outcomes is a mistake that will yield ... Read More
The Financial Accounting Standards Board has issued new guidance on representing when a company or organization discontinues its operations. Accounting Standards Update No. 2014-08, Presentation of Financial Statements (Topic ... Read More
Only six taxpayers a month voluntarily acknowledge that they have committed fraud using a disclosure facility set up by HMRC at the beginning of 2012 The facility, which encourages ... Read More
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