The Mount Rushmore State has the most "business-friendly" tax system, according to an annual report from The Tax Foundation, a Washington, DC-based think tank. South Dakota levies zero corporate or individual income tax. New Jersey is the least tax-competitive state.
Last week Federal Communications Commission chairman Julius Genachowski affirmed his intention to implement network (net) neutrality, the policy that requires all Internet traffic to be treated equally. Unsurprisingly, those who could lose money, such as large cable providers and telephone companies, are protesting.
One big work risk has been receiving little attention: falling employee engagement levels. A new survey found that employee engagement levels for U.S. workers has fallen by 9 percent overall since last year and has dropped even more dramatically for top performing workers, plummeting 25 percent.
This past August, banking services firm Northern Trust Corp. announced that it had freed itself from the government's bailout program. Steve Player Speaks with Steve Fradkin of Northern Trust about the intriguing final chapter of his CFO tour of duty.
What does materiality mean when it comes to fraud? Accountants often use a "5 percent rule" to determine materiality yet other statutes and regulations have almost zero tolerance when it comes to determining what is material. How should companies determine what is best for them?
A majority of GRC professionals in a recent poll said they expect their companies' investments in GRC technology to either increase or remain the same in 2010.
Gary Cokins, author of Performance Management: Integrating Strategy Execution, Methodologies, Risk, and Analytics (John Wiley Sons Inc., 2009) explains what actions finance leaders can take to overcome road blocks and gain new advocates.
With commissioner Gary Gensler now heading the Commodity Futures Trading Commission (CFTC), the agency likely will move in a new direction. The big question is, what direction will that be?
Many finance professionals want to make changes in their organization but struggle to actually do so. Blogger Steve Player has provided a list of questions to help get the process started.
French president Nicolas Sarkozy is going after global warming through higher taxes. First he created a domestic fuel tax and now Sarkozy is working with German Chancellor Angela Merkel on an E.U.-wide carbon tax, which is sure to cause a stir at the upcoming U.N. Climate Change Conference.
A violation of Massachusetts' public records laws by Boston mayor's top aide provides a perfect example of why companies need data retention policies. There are several options for addressing the e-mail portion of the risk.
Here's the bad news: fraud happens everywhere. The media tend to focus on public corporations, but it also crops up in not-for-profits and the academic world. Fraud Magazine recently documented cases of federal grant fraud across academia, supporting the notion that organizations of all type need to take a closer look at their control processes.
A GRC program needs "the right culture -- the right tone at the top" to succeed, according to Bob Tizio, governance, risk, and compliance officer for SAP Americas. Once that is in place, it is easier to get the necessary funding, people, and technology.
The health care bill, which was unveiled this week, won't affect corporate taxes as much as many anticipated. The two big proposals: small companies that offer health insurance could get tax credits and companies with more than 50 employees that don't provide insurance could end up paying the government up to $400 per employee.
