The US SBA provided updated guidance Friday on various COVID-19 Economic Injury Disaster Loan program application deadlines.
Corporate finance & treasury management
Balancing business goals with employee experience can provide the best path forward as hybrid working becomes commonplace.
Artificial intelligence and machine learning can drive more efficient operations and more effective growth for manufacturers. Here’s how the technology is being used to monitor for defects, schedule preventive maintenance and improve forecasting accuracy.
A smarter and more automated operating model for corporate reporting is on the horizon, according to results of a new EY survey.
Boards were meeting more regularly, more virtually, and getting more into the details on topics previously addressed only at a high level.
Companies have used various means to expand credit, conserve cash and reduce tax burdens to combat the devastation of the pandemic. Here are some of the tactics that large public companies have used.
Revenue declines are chief on the minds of finance professionals in an April survey. More than half of finance professionals expect business operations to return to normal in the fourth quarter or later.
Projections for the next 12 months are generally positive, but concerns about the effect of the virus diminished that enthusiasm, according to a quarterly survey.
Management accountants can take a lead role in post-merger integration with the right planning and execution of key steps.
A smart contract is an electronic agreement that uses computer programming and blockchain technology to execute without third parties.
Blockchain could streamline how money moves between nations.
Small and midsize multinational companies can use these strategies to manage the risks of volatile foreign currency exchange rates.
CFOs are key players when a company establishes a CVC fund because they are an integral part of allocating the money required to invest.
CFOs feel barraged by new compliance mandates, and they don’t expect complexity associated with such regulation to subside any time soon.
Fighter pilots can teach controllers, CFOs, and other CPA executives how to out maneuver the competition.
A good assessment of a company’s liquidity is important because a decline in liquidity leads to a greater risk of bankruptcy. FASB describes liquidity as reflecting “an asset’s or liability’s nearness to cash” (Statement of Financial Accounting Concepts No. 5, Recognition and Measurement in Financial Statements of Business Enterprises). Creditors
Understanding regulatory requirements and standard operating procedures in international locations is essential for domestic corporations expanding into overseas markets. The following tips, compiled by Wells Fargo’s international banking division, can help companies establish an effective global treasury policy: Consult with key advisers early. Draft the overall scope and plan for
Although the rules on accounting for foreign-currency translations have not changed in many years, mistakes in this area persist. Such mistakes can result in misstatements in financial reporting, hurting the bottom line, creating false understandings of business results, and exposing companies to possible regulatory scrutiny. A key factor raising the
Managing the P&L and cash flow impacts related to foreign exchange exposures can appear daunting. The following steps, while not all-inclusive, make this task easier: Develop a foreign currency policy and procedure. Include the company goals related to foreign exchange management, types of derivatives that may be employed, and personnel
At a time when the construction industry is faced with unprecedented economic conditions, companies must do everything possible to remain profitable and maintain positive cash flows. Consider the following tips to help your clients in this industry: Take every available tax credit. These include, for example, various Enterprise Zone tax