Corporations Must Manage Taxes More Intelligently

If you want to read more about my views on this topic, please check out a longer, more comprehensive research note on this topic at our Web site. ### For...

Failure to Innovate Can Be a Fatal Risk

Another company that did not continue to push the bounds of innovation is the social network provider, MySpace. As recently as 2006, MySpace was the most...

Successful Price Optimization Has Multiple Dimensions

Price and revenue optimization (PRO) is a business discipline used to effect demand-based pricing; it applies market segmentation techniques...

IFRS Pros and Cons

More insights will come as more U.S.-based companies move ahead with their conversion thinking and efforts. Fortunately, a new, more constructive...

Risk Management- What Needs Fixing, What Doesn’t

Hirth, who I will interview about the study in an upcoming post, also says that the survey respondents’ focus on risk appetite and strategic risk (which...

Avoid Software Maintenance Fees

Benioff’s latest anti-maintenance fee rant apparently was triggered by a Oracle Siebel customer who told him that the company paid $15 million for...

Why Your Board Wants Compliance Stories

In a recent post I pointed to the power of narrative as a risk. In a recent exchange, Bart Schwartz, chairman of Guidepost Solutions (as well as a corporate...

Toxic Market Plan Summary, IFRS Insights, and Other Links

Here’s what I’m reading today to help me make sense of the turbulent world of GRC: And three more pieces of content, linked to here as much for levity...

Access to Funding Remains Tight

In July Economics, about two-thirds of small and midsize businesses responding to a survey indicated that their access to credit was more limited now...

IRS Becoming Better at Identifying Noncompliant Retirement Plans

If your company’s retirement plan isn’t following the rules, the IRS is increasingly likely to notice. That’s the conclusion of a recently released...

Dodd-Frank- Beyond Say on Pay

I was reminded of this need after discussing 2011 compensation trends with three compliance experts at The Hay Group. Irv Becker Economics, who...

Complying with Import Regulations

Finally, you don’t want to assume that just because your customs broker is handling much of the paperwork, he or she will fix any problems that arise....

Four Forces That Will Shape IT Economics in 2012

In a recent Wall Street and Technology piece Rubin elaborated on the four forces that he sees shaping IT economics this coming year. wiredFINANCE...

A Look at the Tax Proposals in Obama’s Budget

In the United States, when the President submits his (and some day, her) budget to Congress, the focus often is on spending. The budget...

GRC Needs Improvement

That doesn’t sound terribly effective or efficient. The post-Sarbanes need was for a more disciplined, efficient, effective, and, in most cases,...

Companies Reassess Their Banking Partners

In addition to worries over these banks’ stability, there’s some concern that banks that accepted government dollars may be pressured to use that money...

Political Risk Exposure on the Rise

Big Fat Finance Bloomberg Businessweek reported this week that global insurance broker Marsh & McLennan predicts an immediate increase...

Schemes can continue for months or even years before they are detected

This spring, accounting firms, consultancies Economics, and professional forensic associations are harvesting seasonal fraud surveys packed with criminal...

SWIFT for Corporates Continues Growth

As the economy has slowly gained steam, many companies have expressed interest in more effectively managing their banking networks, Blair says. SWIFT...

What Financial Services Execs Teach About Cloud Computing

Lesson 5 focused on finding programmers. Babcock reports one financial industry exec complaining that his most promising prospects repeatedly turned down...

Forget Disaster Recovery—Think Business Resilience and Risk Management

It is important to note that the focus of the study is business resilience; not DR or business continuity or even risk management. Business...

The Next XBRL Deadline Nears

• Allow enough time: That’s particularly true for companies that are reporting their annual Form 10-Ks in XBRL for the first time. Given...

A Refresher on Recession-Response Risks

EconomicsIn my previous post Economics, I mentioned the down side of our boom-and-bust cycle and how it often translates to less-than-ideal...

Rolling Forecasts are a Good First Step Toward Smarter Financial Planning

Rolling forecasts can make companies’ planning and budgeting more valuable as a business tool. There’s some evidence that there is growing interest in...

Seven IT Standards for CFOs

(2) XBRL (eXtensible Business Reporting Language) — an open data standard for financial reporting based on XML. It is what enables automated systems to...

U.S. Senate Debates the Value of Tax Extenders

Moreover, deciding whether to renew the extenders Economics, and if so, how to cover the income foregone, takes Congress away from other issues. And,...

How to Maximize Internal Audit’s Value

How to Maximize Internal Audit’s Value: Economics PwC guidance in a nifty eight-slide presentation; SEC Considers Climate Disclosures: Possible...

Risk Management “Fuels” Sustainability

“Without effective fire protection systems,” the report states Economics, “the risk of fire increases the carbon emissions by [1 to 2 percent] over...

Facebook IPO Makes Social Commerce Real

Even before the Facebook IPO companies began capitalizing on social business. wiredFINANCE covered it here. The hoopla around the Facebook...

Manage Spending and Procurement as One

For Coupa’s own customers, such an index may have more value. They can compare their actual data to the benchmark. Coupa promises to present 40...

loophole

Those who focus exclusively on tax rates tend to forget that two factors determine how much tax a corporation pays: taxable income and rates....

Sharing Information Online — It’s All About Security

• Strong encryption (Advanced AES, 256-bit) for documents, both while they are there and when they are in transit The problem: Online collaboration space...