FASB Seeks to Delay Effective Dates for Three Standards Posted: August 16, 2019 The Financial Accounting Standards Board has issued a proposed ASU that would grant private companies, not-for-profit organizations and certain small public companies additional time to implement FASB standards on current expected credit losses, leases and hedging. Comments are due by Sept. 16, 2019.
Introducing Agile into Internal Audit Posted: August 12, 2019 Many internal audit teams are under pressure to do more without a corresponding increase in resources. Agile business practices can aid in accomplishing more with less.
Insight for CFOs Struggling with Agility Posted: August 1, 2019 The ability to change quickly is growing more important for successful organizations in an environment in which nothing stays the same for long. Having the right strategy and mindset can help you adapt quickly.
Five Ways CFOs Can Use AI — Today Posted: July 16, 2019 Artificial intelligence can help CFOs with several tasks, including determining the optimal pricing for a customer and assessing the value of an asset.
Lease Accounting Post-Adoption Posted: July 8, 2019 Many companies used brute force to meet the initial lease accounting deadlines. To comply long term, they will need processes, policies and controls.
Business Executives Say Complex Financial Instruments Continue to Pose Risk Posted: July 3, 2019 Financial instruments are a growing presence on company balance sheets, and business executives say more market awareness is needed to prevent another financial crisis, according to a recent survey by the AICPA.
How to Master the Controller/CFO Role Posted: June 26, 2019 CFOs/controllers must take the time to work on their core value to the company and not be a slave to their daily routines. That is harder than ever with smaller organizations combining the functions of controller, CFO and treasurer but here are some tips to help.
