CFO News

Ask 4 questions to identify Finance’s biggest inefficiencies

From CFO Daily News: Amid the daily grind, it’s easy for finance staffers to fall into certain routines. They may push through inefficiencies and forget to think about improvement. Plus, given the pandemic, staffers may be more focused on getting things done and slapping on Band-Aids rather than closely assessing problems and finding long-term fixes. But as …

Ask 4 questions to identify Finance’s biggest inefficiencies Read More »

Management accounting innovation drives corporate strategic transition at Haier Group in China

By Lixia Tan, executive vice president and CFO of Haier Group. From IAFEI Quarterly Bulletin June 2020 In the rapidly changing era of the Internet, the Haier Group is dedicated to transforming itself from a traditional home appliance manufacturer to an entrepreneurial incubator, and striving to build a platform-based entrepreneurial ecosystem. This article discusses the …

Management accounting innovation drives corporate strategic transition at Haier Group in China Read More »

The role of finance executives in promoting ethical commerce – a Namibian perspective

By Lehana Nel, Forensic Accountant @ Nel Agri-Accountant & Forensic services / TS Advisory Namibia A while back, I visited our local retail grocery shop again for our monthly list of items. At the fruit and vegetable section, a price tag for pawpaw’s caught my eye. I picked up the fruit, went to the lady at …

The role of finance executives in promoting ethical commerce – a Namibian perspective Read More »

Companies Adjust Earnings for Covid-19 Costs, but Are They Still a One-Time Expense?

From WSJ: Finance chiefs and investors are trying to figure out how to account for coronavirus-related expenses as the pandemic transforms how companies operate in ways that may become a permanent cost of doing business. Businesses have spent billions of dollars on personal protective equipment, such as masks and gloves, to keep their operations running since …

Companies Adjust Earnings for Covid-19 Costs, but Are They Still a One-Time Expense? Read More »

Companies see ‘fresh-start’ accounting as way to improve post-bankruptcy odds

As the pandemic sends companies into bankruptcy, CFOs consider a reorganizational approach that creates a new entity with a new set of books. From CFO Dive. Coronavirus-induced Chapter 11 bankruptcies are putting the spotlight on a way to help failed companies get a fresh start. As the pandemic took hold in the second quarter, Chapter 11 …

Companies see ‘fresh-start’ accounting as way to improve post-bankruptcy odds Read More »

Harvard CFO Thomas Hollister on what Covid means for elite education

From the Harvard Gazette: The COVID-19 pandemic continues to create financial challenges for colleges and universities across the country, including Harvard, which has forecast significant revenue shortfalls for fiscal years 2020 and 2021. Since the onset of the outbreak, the Gazette has periodically checked in with Thomas J. Hollister, Harvard’s vice president for finance and chief …

Harvard CFO Thomas Hollister on what Covid means for elite education Read More »

The government’s taxation response to the Covid-19 pandemic

From IAFEI Quarterly Bulletin: By Filipa Correia, chair of the IAFEI International Tax Policy Working Group, and Alessandro Valente, vice-chair of the IAFEI Ethics and Sustainable Development Working Group This article aims to analyze the new OECD report, released on the 15th of April 2020, which explores the tax and fiscal measures introduced by governments …

The government’s taxation response to the Covid-19 pandemic Read More »

Is your foreign company worth the paper it’s written on?

Economic substance has become a major buzzword for companies doing business in other countries – but many South African companies have yet to make the necessary adjustments to their international structure to ensure compliance, more than 18 months after the regulations came into force. This warning comes from Sovereign Trust’s Rone Silke, who says companies …

Is your foreign company worth the paper it’s written on? Read More »

Scroll to Top