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The UK’s Financial Reporting Lab conducted a review of current practice and has drawn up suggestions on how to reduce the length of annual reports, citing examples of best practices from BP and Prudential.

Published on August 19 2014

Ian Mackintosh, vice-chairman of the International Accounting Standards Board (IASB), said in Johannesburg that the goal of global accounting standards is achievable. Mackintosh said the pace of globalisation in business makes adoption “inevitable.”

Published on August 14 2014

Paring down the branch network and directing investment into technology that enables customers to conduct their business faster is the blueprint for survival.

Published on August 12 2014

More large multinationals are growing cash reserves than shrinking them, according to an annual survey. Those that had cash reserves decline most often pointed to capital expenditures as the reason.

Published on August 11 2014

Limited career advancement opportunities for employees leave many employers in danger of losing top talent as global hiring heats up, two new surveys show.

Published on August 11 2014

Courtesy plays a role in a person’s career development, but sometimes those who get promoted are seen as less mannerly. A new survey shows that courtesy toward co-workers can have a positive effect on career prospects.

Published on August 08 2014

The way companies use social media is under increasing scrutiny by regulators across the globe. A UK regulator has issued guidance for financial services companies on the use of social platforms as a vehicle for customer communications.

Published on August 07 2014

As the finance function expands its duties, it’s easy for CFOs to find their time drained by low-level discussions in areas outside the finance department. Learn how to avoid getting caught up in small details that are outside the normal course of duties.

Published on August 06 2014

In the coming years, the world of work will be shaped by employees’ desire for autonomy and flexibility, which may sound the death knell for traditional models of employment and office spaces, according to a PwC report.

Published on August 05 2014

Proposed changes to guidance followed by internal auditors include a new mission statement and a set of 12 core principles that highlight what effective internal auditing looks like in practice.

Published on August 04 2014

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