The IRS has proposed a new tax return schedule that would force some business taxpayers to provide information about their uncertain tax positions and to disclose the maximum amount of income tax they'd be liable for if the positions were not sustained.
When John Hrudicka set out to transform finance at cabinetry and plumbing products maker Elkay Manufacturing Co., he wasn’t going to settle for a few minor upgrades. Hrudicka, now Vice President of Finance, launched a total renovation that included profitability analytics, customer relationship management, a rolling forecast, and a Balanced Scorecard.
Social networking for business is not living up to users' expectations, a recent LinkedIn discussion that drew over 1,000 responses made clear. What's the problem? Users become discontent when they haven't taken the time to understand what social media is good for and what it cannot do.
If your firm has been waiting to globalize its finance department, you should not hold out any longer. At least that's the conclusion of several recently conducted surveys.
Richard Chambers, president and CEO of The Institute of Internal Auditors speaks to Business Finance editor in chief Jack Sweeney about the growing number of risks facing boards and audit committees during a recession.
A new study from Aon found that 62 percent of companies have progressed beyond basic ERM practices compared to 38 percent in Aon's 2007 study. However, misconceptions about risk management remain. This useful list of readings can correct any false impressions.
Capital marketing execs expect the number of companies going public to increase this year, particularly among technology, energy, and bio-tech firms. The companies will likely be larger than in past years, with an average deal size of $400 million.
