Gathering all of an organization's lease contracts and extracting the data to comply with new lease accounting rules can be an arduous task. Here's what organizations need to consider as they implement the new Financial Accounting Standards Board rules -- and why it's smart to start that work promptly.
The cash conversion cycle -- a measure of how long cash is tied up in working capital -- shortened to 35.7 days at the country's largest companies last year, according to the CFO/Hackett Group Working Capital Scorecard. However, the data suggest that companies became less efficient at managing their receivables and inventories.
Blockchain databases could prove valuable for ensuring data accuracy and detecting fraud, and they can be created with built-in audit trails. However, blockchain technology also presents certain risks, including problems with implementation and the potential for one entity to gain too much power over the ledger.
Eliminate Intercompany Accounting Risk Join a three-part webinar series on the latest developments in intercompany accounting, designed for you to understand the new regulatory environment and build a strong intercompany accounting system for your organization. Register for the webinar today.
Some advocates of a tax overhaul favor a territorial system that would allow US companies to receive profits from international subsidiaries without facing federal tax liabilities. Moving to this type of system would likely have only a modest effect on total shareholder return, according to a new study.
Understanding the fractions rule can enable tax-exempt organizations to invest in partnerships that hold interests in debt-financed real property without being subject to the tax on unrelated business income under Section 512.
Some companies have succeeded in involving the HR function in company strategy, but more needs to be done in this area. Among other things, companies need to tap into the power of people analytics and ensure that day-to-day operations do not distract HR from its strategic purpose.
Executives who join a company in turmoil face a number of pitfalls as they seek to get the organization back on track. This article offers six tips for success, beginning with staying emotionally engaged and avoiding the temptation to blame predecessors.
How can business and technology leaders ensure that critical corporate assets remain safe? Analysts in this article suggest that trust should be the foundation of a successful cybersecurity program, but they note it is often a missing component of organizations' cybersecurity initiatives.
Corporate confidence in employees' digital skills is declining while the need for advanced technical capabilities is increasing. Companies can increase the "digital IQ" of employees through tools like Slack, but leadership is always critical to success.
The riskiness of large syndicated bank commitments is still elevated, although it has declined somewhat, according to US bank regulators. The danger is that an economic downturn could lead to a spike in loan losses.
CGMA webcast: "Project Charter for Finance Professionals"
Attend this webcast to learn how accountants can contribute to the development of robust project charters that ensure strong return on their organization's project portfolio investments. CGMA designation holders receive a 20% discount. The webcast takes place at 12 p.m. ET today, Aug. 16. Register here.
AICPA Global Manufacturing Conference
Prepare for uncertainty ahead and for major marketplace trends, competitors' strategies and economic trajectories at the AICPA Global Manufacturing Conference, Sept. 11-13, in Baltimore. Register here.
Free CPE CGMA webcast: "Trends in Business Technology"
For business professionals, it is critical to stay current on technology trends that cover multiple aspects of the organization. Join this webcast on Sept. 14 at 1 p.m. ET to hear experts discuss current trends in technology for business, enterprise, content management and tax. CGMA designation holders will earn two free CPE credits. Register here.
A first-of-its-kind event, brought to you by the AICPA and CIIPA
Join us in the Caribbean -- Nov. 15-17 -- as we unite the global reach of the AICPA with the regional influence of the Cayman Island Institute of Professional Accountants (CIIPA) for three days of insights and conversations. Learn more and register here.
American Institute of CPAs
(AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries,
and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry,
public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards
for private companies, not-for-profit organizations, federal, state and local governments. It develops and grades the Uniform CPA
Examination and offers credentials for a number of specialized areas. With The Chartered Institute of Management Accountants (CIMA), it
offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in