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Incentives important in US finance executives’ compensation

Salary increases for US finance executives were less generous this year than in 2012. Incentives, such as annual target bonuses and stock-based, long-term awards, continue to play an important role in compensation, research suggested.

Published on May 17 2013

Rebooting traditional budgeting key to remaining relevant

Traditional budgeting practices are keeping finance departments from remaining relevant in their companies, consultant Steve Player, CPA, CGMA, says.

Published on May 17 2013

Seven ways to address IT vulnerability

As hacking gets more complex, businesses must do more to protect critical systems. IT security expert Mike Foster offers strategies for businesses to keep out cybercriminals.

Published on May 16 2013

Singapore announces measures to fight international tax evasion

Singapore has announced that will take steps to expand its exchange of financial information with other countries.

Published on May 16 2013

A non-traditional approach to finance management

Corporate trainer Tom Steiner offers insight in getting CFOs to think outside their traditional box.

Published on May 16 2013

IASB chair: Lease changes unpopular, but necessary

International Accounting Standards Board (IASB) Chairman Hans Hoogervorst acknowledged the converged lease accounting proposal is bound to be unpopular with many companies.

Published on May 16 2013

Much-awaited leases proposal includes dual-recognition approach

One of the most challenging international convergence projects attempted by the US Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) cleared an important hurdle with the proposal of a revised financial reporting standard for leases.

Published on May 16 2013

Frustration recedes, optimism rises for CFOs

CFOs are shedding their concerns over the economy in favor of a newfound optimism about the future, according to a new survey.

Published on May 16 2013

As role changes, finance chiefs must master new languages

Nick Araco, the CEO of The CFO Alliance, explains what’s on the minds of finance chiefs in a Q&A about where CFOs have been and where they’re going.

Published on May 15 2013

Newly released COSO framework a fresh look at internal control

An important development in the internal control landscape was completed with the release of an update to the integrated framework of the Committee of Sponsoring Organizations of the Treadway Commission (COSO).

Published on May 14 2013

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