Thanks to numerous technological advances, many routine accounting and finance tasks are likely to be automated in the near future.
Management accounting
How board members can perform oversight of cybersecurity risks
A new tool can help board members understand what questions to ask in their oversight of cybersecurity risk management.
How to mix innovation and risk management
Companies that integrate innovation and risk are more advanced in disruptive technologies and more confident in revenue projections, a survey says.
How to keep employees in the game
Brandy Amidon, CPA, the CFO at South Carolina marketing and creative agency Brains on Fire, found a way to hold employees’ interest and get them to care more about the organization’s profitability.
How audit committees can evaluate lease accounting implementation
A new Center for Audit Quality tool is designed to help audit committees with oversight of this difficult adoption process.
Companies see need to manage risks, but they’re slow to act
Linking enterprise risk management practices with strategy remains a challenge for companies, who say risk environment continues to grow in complexity.
How audit committees can evaluate non-GAAP measures
A Center for Audit Quality tool provides tips for audit committees to consider about non-GAAP measures as they perform their oversight duties.
How internal audit can improve by embracing technology
By embracing new technologies and developing new skills in their own operations, internal auditors can develop a point of view on new risks and deliver value to the organization.
U.S. finance executives upbeat in wake of tax changes
While some finance executives wait to commit to changes related to potential tax savings, their optimism shows in revenue and profit projections, a survey shows.
How organizations can streamline the month-end close
This process is a time of stress and long hours for employees, despite technological improvements. Here are some best practices to smooth the process.
A more effective approach for internal audit
By developing a methodology for collaboration across all three lines of defense, internal audit can make the most of company resources and technology for risk management.
Draft guidance applies ERM principles to ESG risk
Recently issued supplemental draft guidance is designed to help organizations apply enterprise risk management (ERM) principles to environmental, social, and governance (ESG)-related risks.
What tax reform means for audit committees
The Tax Cuts and Jobs Act provides many issues for audit committee members to consider in their oversight of financial statements, external auditors and risk management.
Georgia-Pacific’s Sobel named COSO chairman
Paul Sobel, the chief audit executive of Georgia-Pacific, replaces Bob Hirth as the chairman of the Committee of Sponsoring Organizations of the Treadway Commission.
ERM for a changing world
Make effective use of the updated enterprise risk management framework from the Committee of Sponsoring Organizations of the Treadway Commission.
CPA vanity license plates that will make you smile
We tapped accountants in a dozen states to find out why they chose vanity license plates for their vehicles, which clever words or numbers (or both) they chose, and what kind of responses they’ve received from colleagues and others.
More women with CFO titles, but still far behind men
Finance leaders share ways companies can identify a more diverse pool of leadership candidates.
How to streamline the accountant hiring process
Technology tools can help perform much of the prerequisite screening before conducting interviews.
The risks, and potential rewards, of rotating chief audit executives
Organizations should be wary of assigning a chief audit executive to the role for a short, predetermined time.
Lease accounting laggards face serious risks
Organizations need to consider several factors as they implement new FASB rules — and it’s smart to start that work promptly.
Features
FROM THIS MONTH'S ISSUE
4 ways solo practitioners can stand out
Five years ago, a grieving Angel Zhen started his own CPA firm with no clients and no revenue. Today, he has 300 clients, $600,000 in revenue and 12 weeks of annual vacation. In this JofA article, he shares how he set up his firm and how you could do the same.
