One of the few certainties for CFOs about the new year is that they'll see continued efforts toward significant accounting changes that surfaced in 2008, as companies move toward adoption of international financial reporting standards (IFRS).
At Lenovo, finance transformation isn't just part of Dennis Culin's job -- it is his job. Business Finance editor in chief Jack Sweeney speaks with Lenovo's director of finance transformation about the computer maker's yen for transformation and why finance is front and center.
A recent survey by RevenueRecognition.com of senior finance executives in the United States and 34 other countries reveals that IFRS affords no relief from the complexities of revenue processes and isn't likely to lead to a reduction of errors in revenue reporting.
Business Finance Editor in Chief Jack Sweeney discusses findings from a recent survey of tax and finance professionals with Marc Seewald, VP Tax Products for Longview Solutions.
No matter what the new presidential administration holds in store, the leadership of the US government's Office of Management and Budget aspires to leave behind an inheritance of clearly conceived goals and purposefulness.
Going to a single, global set of accounting standards makes sense, but with the economy in an ongoing state of turbulence, attention is focused elsewhere. This could slow the time frame.
