One major sticking point for finance executives in the battle for healthcare reform: cost control. Just over half of execs (54.5%) in a recent Business Finance poll reported they expect to have less control over their company's healthcare costs under the government's proposed healthcare reform plan.
The SEC still plans to require U.S. publicly listed companies to move to globally accepted accounting standards, it announced in a meeting this week. The latest development is that the Commission will have its staff create a Work Plan to help evaluate the effect that U.S. companies’ use of IFRS would have on the U.S. securities market.
Wire transfers allow companies to transfer money securely and instantly. The downside is that they can be time consuming because they lack room for much remittance information, forcing companies to send extra paperwork explaining transaction details. Now the Clearing House and the Fed are introducing a new remittance form to simplify matters.
The Obama administration's $15 billion jobs-creation package sports a provision that lifts part of the employers' payroll tax for companies that hire unemployed workers this year, together with a $1,000 credit for keeping those employees on the books for a year.
Looking to save money and boost productivity? Let employees work from home. Telecommuting has great benefits for companies ranging from lower operating costs to increased employee engagement.
What are CFOs looking for in their senior finance executives? According to Korn Ferry International's Chuck Eldridge, they need employees with financial planning and analysis (FP&A) talent. Here is why demand is rising.
Why was Goldman Sachs able to better manage risk during the financial crisis than some of its industry peers? Laura Taylor, Aon’s global leader of enterprise risk management (ERM), weighs in.
International operations will be companies' biggest tax worry in 2010, according to a new survey by Washington, D.C.-based law firm Miller & Chevalier. See what else is keeping execs up at night.
Elkay Manufacturing, a cabinetry and plumbing products maker, has developed innovative ways to get a clearer look at the future. This includes replacing the traditional budgeting process with a rolling forecast.
Robert Kugel draws on his finance and information technology background to supply the Business Finance community with reporting and commentary on the intersection of finance, software and systems in his Ventana Scorecard column and blogs. He is Senior Vice President at Ventana Research, where he heads up the Finance practice.
Steve Culp, leader of Accenture’s global risk management practice, explains what steps companies can take to align their business strategies with their risk appetites.
Cash as a percent of market value for the S&P 500 exceeded 10 percent throughout 2009, its highest level since at least 1980. With ample funds available, M&A deal-makers are now elbow-to-elbow with their companies' treasurers as they prepare to pounce.
