Articles

Here are some financial planning pitfalls to avoid.

Top Pitfalls of Financial Planning

While there are a wide variety of resources available to companies to help with the financial planning process, there are still several pitfalls that can trip up even the most experienced CFO or financial analyst. Here are some of the most common. Finance...
Read more...
Basics-of-Hedge-Accounting

Basics of Hedge Accounting

What you need to know about hedge effectiveness testing, credit value adjustments and the latest regulations, prepared by KPMG LLP (Canada). Organizations are exposed to interest rate and foreign exchange risks that give rise to income volatility. As a...
Read more...
In a recent webinar called "Key Elements of a Successful Hedge Program" that w

How To Run An Effective Hedge Program

During a recent webinar , "Key Elements of a Successful Hedge Program", delivered by Proformative, chief executive John Kogan outlined the various components of an effective hedging program. The session utilized presentations created by Hedge...
Read more...
Oil Prices Drops on Global Uncertainty

Oil Prices Drops on Global Uncertainty

Oil prices have continued to fall amid uncertainty in the global market.  Economic slowdowns in China and the U.S. have reduced demand for oil as Europe continues to struggle with its long-term debt. "Another round of European sovereign debt issues...
Read more...
The dairy industry may soon have access to new risk management tools.

Risk Management for Dairy Industry Passes Senate

All industries can benefit from risk management initiatives, whether initiated by individual companies, trade organizations or government policies. Recently, the U.S. Senate passed a five-year farm bill that includes an entirely new approach to risk...
Read more...
New financial reporting standards could make Ireland more attractive for inves

New Financial Reporting Standards Could Improve Outlook for Ireland

With the exception of Greece, Ireland has been hit perhaps hardest of all the European countries during the most recent wave of economic turmoil. While there is no silver bullet to fix Ireland's - or any country's - economy, new accounting standards...
Read more...
Pension funds will show bigger liabilities under new accounting and reporting

Public Pension Reporting Rules to Change Dramatically

Financial reporting standards for public pensions in the United States are set to change dramatically following a recent vote from the Governmental Accounting Standards Board, according to Reuters. For some states, shortfalls in pension reports will appear...
Read more...
New auditing standards would allow auditors to comment directly in their repor

Auditing Standards Poised for Change

IIn an ongoing effort to improve audit reporting, the International Auditing and Assurance Standards Board has introduced a proposal to enhance the impact of the auditor's report on financial statements. The key proposal in IAASB's "Invitation to...
Read more...
The 401(k) account benefits offered by employers in the Bay Area have been exp

Bay Area Employers Increasing Offerings Of 401(k)s, Says Report

The 401(k) account benefits offered by employers in the Bay Area have been expanding recently, according to a report produced by tax and accounting firm Mohler, Nixon & Williams. The document, which is titled "2012 Northern California 401(k) Plan...
Read more...
If IFRS were implemented today, 30 percent of insurance accountants would be u

Insurance accountants unprepared for IFRS, survey finds

A new survey indicates many accounting and financial professionals in the insurance industry may not be ready for changing accounting standards. The second annual Financial Regulatory Survey from insurance technology firm StoneRiver found that, while half of...
Read more...
An analysis from auditing firm PricewaterhouseCoopers found some interesting t

New accounting standard led to confusing reports, PwC finds

International auditing firm PricewaterhouseCoopers has discovered some strange information tucked away in the first quarter financial reports of companies that recently adopted new fair value accounting standards, according to Compliance Week. PwC didn't...
Read more...
Cloud-financials-building-a-business-case-for-CFOs

Cloud Financials: Building a Business Case for CFOs

CFOs may be the last of the C-level executives to jump onto the cloud. While some concerns have lingered, that uncertainty is eroding, and CFOs are increasingly turning to cloud computing to help them transform the finance function. While much of this...
Read more...
Four-fifths, or 80 percent of participants in a recent financial literacy surv

Most Americans Would Benefit From Finance Advice, Says Survey

Four-fifths, or 80 percent of participants in a recent financial literacy survey indicated that they would benefit from getting input from finance professionals on everyday matters, according to a statement. The poll was commissioned by the National...
Read more...
Firms are using an increasing number of inflation assumptions and discount rat

Firms Using More Assumptions to Calculate Financial Liabilities, Says Survey

Firms are using an increasing number of inflation assumptions and discount rates when calculating liabilities, according to the results of the most recent FTSE 350 survey conducted by actuarial consulting firm Hyman Robertson. Discount rates  The number...
Read more...
A surprising number of European financial firms showed a lack of information r

Information risk management woefully lacking in Europe

European financial firms show a surprising lack of understanding of risk management, suggested the results of a recent survey from PricewaterhouseCoopers and information management firm Iron Mountain.   European financial firms show a surprising lack of...
Read more...
RSS Feeds