Articles

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...
Various changes to how money market mutual funds (MMFs) work could result in c

Various Changes To MMFs Might Trigger Investor Withdrawals

Various changes to how money market mutual funds (MMFs) work could result in companies no longer investing in these financial instruments, according to a statement released by the Association for Financial Professionals (AFP) on June 20. According to the...
Read more...
JPMorgan Chase showed "serious risk management weaknesses," according to a rec

JPMorgan risk management system is broken, regulator says

Financial giant JPMorgan Chase, which lost more than $2 billion in a much-publicized trading fiasco recently, may have risk management issues that extend beyond the office from which the losses stemmed, Financial giant JPMorgan Chase, which lost more than $2...
Read more...
A recent survey conducted by the American Institute of Certified Public Accoun

Business Leaders Less Optimistic about U.S. Economy

A recent survey conducted by the American Institute of Certified Public Accountants (AICPA) indicates that business executives holding the CPA designation have experienced a strong decline in sentiment related to the U.S. economy. Optimism The AICPA’s...
Read more...
Nominations are being accepted for members of the new Private Company Council,

Nominations being accepted for new accounting standards board

The Financial Accounting Foundation is currently accepting nominees to serve on the new Private Company Council, an accounting standards board that will set rules and guidelines for privately-held companies. To be considered for a post on the board, or as...
Read more...
Retribution for Hacking Victims?

Retribution for Hacking Victims?

A number of firms have experienced attacks by cybercriminals in the recent past, causing those with executive jobs to take precautionary measures to make sure their company is not hacked. However, for those who have already A number of firms have experienced...
Read more...
As new accounting standards emerge, companies should be vigilant about maintai

Execs should mind existing laws as new standards are introduced

Every organization needs to stay apprised of changing accounting standards, but some existing laws may be getting overlooked, according to a recent Every organization needs to stay apprised of changing accounting standards, but some existing laws may be...
Read more...
Australian Media company Fairfax Media Ltd. announced on Monday, June 18 that it plans to cut almost 20 percent of its existing staff as part of of a business restructuring.

Fairfax to cut almost 2,000 jobs over three years

Australian Media company Fairfax Media Ltd. announced on Monday, June 18 that it plans to cut almost 20 percent of its existing staff as part of of a business restructuring. The newspaper publisher will undergo the change in order to shore up its finances by...
Read more...
Nigeria is looking forward to IFRS standards, the country's Financial Reportin

Nigeria excited for IFRS implementation

The United States may be dragging its heels when it comes to adopting the International Financial Reporting Standards, but there's one country that's very excited about the new The United States may be dragging its heels when it comes to adopting the...
Read more...
RSS Feeds