A handful of stick-in-the-mud private banks, wealth management firms, trust companies, and others who didn't indulge in sub-prime loans or other toxic investments, are experiencing a quantum leap in new clients looking for a safe home.
Being in the business of delivering finished goods, UPS, like few other companies, keeps its thumb on the pulse of the world's economy on a daily basis. UPS CFO Kurt Kuehn speaks to Business Finance editor in chief Jack Sweeney about the ebb and flow of business in challenging times.
The Centers for Disease Control have confirmed that swine flu has spread to the United States. While safety should be businesses' primary concern during a pandemic, they should also consider how the crisis could disrupt business.
Jean Wyer, partner and leader of college and university relations for PricewaterhouseCoopers, explains how PwC expects college programs to play a key role in IFRS knowledge transfer.
When trying to cut IT costs, companies often send work to a locale with cheaper labor costs. However, despite being able to pay workers lower wages, the overall cost of IT may not drop.
SOFTWARE & SYSTEMS: Blogger Richard Ross supplies the Business Finance community with IT commentary and analysis. Richard is a senior IT and Operations Executive with experience across an array of industries. He regularly writes and speaks on the subject of why IT is so hard to get along with.
STRATEGY EXECUTION: Blogger and columnist Bob Paladino supplies the Business Finance community with commentary and insight on the execution of CPM strategies. Bob is the founder and managing partner of Bob Paladino Associates.
Decentralized corporate performance management (CPM) can lead to inconsistencies in CPM process applications, different versions of the truth, and projects that don't meet the overall needs of the company. To remedy this, companies should consider instituting a CPM office.
Arnold Hanish, the vice president of finance and CAO of Eli Lilly and Co., provides insight into the IFRS conversion in his comment letter on the SEC's IFRS roadmap Web site.
Since the ending of the credit bubble in the summer 2007, the major brokerage firms and banks have been dealing with the accounting aftermath. To minimize (or hide) the damage they did to their own balance sheets, these firms have been using "Level 3" accounting standards -- a GAAP-approved method (Generally Accepted Accounting Principles) to account for hard-to-value assets.
On April 21, officials said the U.S. Treasury will lend a further $5 billion to General Motors and $500 million to Chrysler as the troubled automakers work on their viability plans.
Almost everything a company decides to do has an IT component to it, yet when the CEO calls the team together for big decisions, the CIO is often excluded. Why? The answer in most companies is that the CIO is not part of the senior team and is not valued as a member of the inner circle.
