Management accounting news and resources

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May 2, 2017

Overtime and stress are common during month-end close processes

Finance departments are under pressure to close the books faster, but efficiency is a stumbling block, two recent surveys show.

May 1, 2017

Do you really know where the money’s going?

Here are seven steps small and medium-size companies can take to prevent fraud in the procurement-to-pay process.

April 28, 2017

AICPA issues TQAs on internal control

The AICPA has issued new TQAs about controls relevant to the audit and control activities relevant to the audit.

April 26, 2017

A new cybersecurity risk management reporting framework for management and CPAs

The framework gives an organization’s management criteria for explaining its cybersecurity risk management program and provides CPAs with guidance to be used in engagements to report on clients’ cybersecurity controls.

April 20, 2017

4 career steps CFOs can take to be CEO-worthy

Some of the needed skills must be practiced, and others must be learned on the job.

April 18, 2017

The 5 habits of top risk managers

Top-performing companies in risk management are more likely to project revenue and profit growth, according to a PwC report that offers steps for organizations to better embed strategy into risk management practices.

April 17, 2017

Changes ahead in transportation signal opportunity for CPAs

Changes to our transportation culture mean CPAs need to prepare to help their clients navigate what’s ahead.

April 12, 2017

Expectations and paths don’t always align for controllers

Most controllers expect and are expected to shape and execute strategic priorities. Yet, few companies clearly define a path for controllers to take on greater responsibility, a Deloitte report shows.

April 1, 2017

The importance of killing projects

Project management should include an exit plan.

April 1, 2017

How a CFO can become great

Finance leaders need to overcome four main challenges in shaping strategy and driving innovation necessary for sustainable growth.

April 1, 2017

Professor honored for research on whistleblowing

Bryan R. Stikeleather, assistant professor at the University of South Carolina’s Darla Moore School of Business, received the 2017 Greatest Potential Impact on Management Accounting Practice Award.

April 1, 2017

Award recognizes lifetime contributions in management accounting

Rajiv D. Banker received the 2017 AAA Lifetime Contribution to Management Accounting Award.

March 30, 2017

CFOs try to focus on strategy, but IT systems get in the way

Strategic planning is among the top priorities for CFOs in a new survey, but some finance chiefs feel hampered by legacy IT systems.

March 27, 2017

Shaking up the board

It is essential that board makeups represent the customers the company serves.

March 21, 2017

Most CPA executives favor repeal of Affordable Care Act, survey shows

CPA business executives predict rising costs related to employee health care, and nearly two-thirds have tried to contain costs through higher deductibles.

March 14, 2017

Why ‘complete ERM’ is a myth

Risk management initiatives must evolve as an organisation’s risk exposures change. These days, all entities are taking a harder look at how they manage risk, according to an annual survey.

March 9, 2017

U.S. economic optimism surges

Concerns about regulation eased, and projections for revenue, profits, and expansion are on the rise amongst U.S. CPA decision-makers in a quarterly survey.

March 1, 2017

Currency turmoil, price, and profit in global markets

Small and midsize multinational companies can use these strategies to manage the risks of volatile foreign currency exchange rates.

February 1, 2017

Janet Wong, CPA

Janet Wong, CPA, an audit committee chair with ties to Silicon Valley, discusses best practices for CPA audit committee chairs and the expansion of innovation culture beyond Silicon Valley.

February 1, 2017