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.
Management accounting
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.
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.
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.
Figuring out transfer pricing: How to set terms of negotiation between departments
Transfer pricing can be a battleground for competing interests within a company. When those interests aren’t balanced, the company could lose out.
Using surplus budgeting to advance and sustain your mission
A disciplined budgeting approach helped not-for-profit Ducks Unlimited overcome serious financial concerns following the most recent recession.
How to keep compliance and ethics on target
Seth Cohen, director, risk management and compliance solutions at PwC, offers six ways for organizations to balance compliance and ethics.
The value of risk interviews as part of ERM strategy
One answer at a time, organizations can identify and address critical risks.
Dale Sheff, CPA, CGMA
Dale Sheff, CPA, CGMA, controller of Graybar, explains how CPAs who want to push their careers toward management accounting can do so, but he says the path requires commitment.
The top global risks for 2017
Executives ranked the business environment as riskier than in previous years, but many don’t plan to devote more resources to risk management, according to a new survey.
How organizations can increase 401(k) participation
This column offers seven ways finance departments can boost employee participation and investment in 401(k) plans.
Election buoys sentiment among US finance executives
Despite regulation remaining a top concern for U.S. businesses, optimism is growing in the wake of the presidential election.
U.S. anti-money laundering regulations well-developed, analysis finds
U.S. anti-money laundering regulations are well-developed, and domestic coordination to prevent money laundering and terrorist financing is sophisticated and has improved over the past 10 years.
Highlights of management accounting research
Read summaries of recent academic studies on management accounting topics such as the balanced scorecard, executive pay, performance reviews, and managing creativity.
COSO updates fraud risk management guidance
The document offers strategies for deterrence.
Professor awarded for performance measurement and incentives research
Isabella Grabner, associate professor of accounting at Maastricht University School of Business and Economics, Netherlands, received the 2016 Best Early Career Researcher Award.
Balancing soft skills with technical abilities
CPAs must possess strong technical skills, but soft skills are also key.
5 best practices for intercompany accounting
Best practices can help multinationals improve intercompany accounting, such as transfer pricing, cash management, and settlement, while preventing costly problems.
Boost the bottom line with accounts payable best practices
These tips can help reduce risk and the amount spent on accounts payable functions.
Captive insurance for the middle market
Know the tax and other requirements for this option to manage risk.
Features
FROM THIS MONTH'S ISSUE
Making the right choice when no one is watching
The true test of one’s character is the decision made when no one is looking over your shoulder. Learn how CPAs can uphold ethical standards and take actions that help limit liability risk.
