Strategic Finance articles from June 2006

Strategic Finance archives from June 2006

IMA 87th Annual Conference & Expo June 17-21, 2006 Las Vegas: because you're about enhancing your career and improving the bottom line, you need to be here.
June 1, 2006... Today's business world is changing--financial reporting regulations, increasing competition, emerging technology, and an emphasis on more ethical business practices. With so many changes, there is a gap between the management accountant's...

How entrepreneurs choose and use accounting information systems: it isn't what you think.(Small Business)
June 1, 2006... Small businesses are big in the U.S. Although the majority of companies are primarily small businesses, most research has studied large multinational companies. From high-tech to franchises, small businesses remain important entities in the...

10 qualities of successful financial executives.(leadership)
June 1, 2006... Being an effective financial leader is no easy task. Heightened expectations from investors, tighter government regulations, global business competition, and rapid technological developments are adding to the list of growing demands on those...

Just wiki it.(web sites)
June 1, 2006... Gotten used to having people tell you to just Google it? Well, now there's another weird verb with similar potential for enlightenment--to wiki. It's a noun also because "A wiki is a type of website that allows users to add, remove, or...

Interactions between compliance and ethics.(Ethics)
June 1, 2006... This column has consistently emphasized the importance of a strong ethical climate in an organization because it enables a company to have superior ability to achieve all its objectives, including better financial performance. The most...

Make conscious choices.(San Diego Padres)
June 1, 2006... Check out how the San Diego Padres are doing. Pay particular attention to the frequency of and recovery from injuries by the pitching staff. That may tell you something about possibilities to improve the functioning of your own organization....

Thank you for your help and hospitality.(message from the Chair of Institute of Management Accountants)(Column)
June 1, 2006... This is my last Perspectives column as Chair of IMA. Next month, Bill Brower will start his Perspectives columns. Time flies when you're having fun. It has been a year of advancement for IMA. New research, professional education courses, and...

IMA 2005 salary survey.(accountants)
June 1, 2006... As reported in the past several years, the 2005 salary survey again confirms that it pays to be certified. Members who hold a certification such as Certified Management Accountant (CMA[R]), Certified Financial Manager (CFM[R]), or Certified...

Culture change for the analytical mind.(Strategic Management)
June 1, 2006... When a company fails to execute effectively, the culprit is often the how and why of countless individual decisions and actions. Why do Sally and George do what they do every day? The answer lies in the organization's culture, a topic that can...

ELA issues lease accounting white paper.(Equipment Leasing Association)(Brief article)
June 1, 2006... The Equipment Leasing Association (ELA) recently issued a white paper on lease accounting that it says is designed "to get beyond the sensational headlines and clarify for regulators, the business community, and the public the realities of how...

SEC and PCAOB announce more SOX implementation plans.(Securities and Exchange Commission, Public Company Accounting Oversight Board, Sarbanes-Oxley Act of 2002)(Brief article)
June 1, 2006... The Securities & Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB) last month announced actions they plan to take to improve implementation of Section 404 of the Sarbanes-Oxley Act of 2002 (SOX). The SEC...

FAF names Linsmeier to FASB.(Thomas J. Linsmeier appointed at Financial Accounting Standards Board)(Brief article)
June 1, 2006... Thomas J. Linsmeier, the Russell E. Palmer Endowed Professor and Chairman of the Department of Accounting and Information Systems in the Eli Broad College of Business at Michigan State University, has been named a member of the Financial...

"Three-questions accounting" is questionable ...(Letters to the Editor)(Letter to the editor)
June 1, 2006... Regarding the recent article (April) on TOC and throughput accounting (TA), there are serious logic errors representative of other current publications on this topic. The author invites "healthy debate," which explains the reason for my...

New take on III effects of Sarbanes-Oxley.(Sarbanes-Oxley Act of 2002)(Brief article)
June 1, 2006... The Sarbanes-Oxley Act (SOX) is keeping foreign companies from listing IPOs on U.S. stock exchanges. That's the new front in the war against SOX opened up by former Secretary of Commerce Donald Evans when he testified about U.S. competitiveness...

Cox stresses accounting simplification.(Chris Cox )(Brief article)
June 1, 2006... When he appeared before the Senate Banking Committee a few days before Carter showed up at the House subcommittee, Securities & Exchange Commission Chairman Chris Cox didn't mention reconciliation of U.S. GAAP with international standards, much...

The successful workforce.(human resources management)
June 1, 2006... In most businesses, workforce success is both the most important and most underperforming asset that CEOs and senior managers can influence directly. Workforce management is the most important element of organizational capital because it...

Glen E. Woodson, 1925-2006.(National Association of Accountants)(Obituary)(Brief article)
June 1, 2006... Glen E. Woodson, former president of the National Association of Accountants (now Institute of Management Accountants (IMA[R])) died at his home in Lake Placid, Fla., at the age of 81. Born in Cleveland, Ohio, Woodson served in the Army during...

Corporate taxes and financial reports: two diverging roads?(accounting standards)(Brief article)
June 1, 2006... Confusing accounting standards also came into play at hearings last month in the Committee on Ways and Means's Subcommittee on Select Revenue Measures. Rep. Dave Camp (R.-Mich.), chairman of the Subcommittee, is concerned that the U.S. has a...

Extension of corporate tax preferences.(GOVERNMENT)(Brief article)
June 1, 2006... Talking about corporate taxes, the extension (and enhancement) of some expiring key corporate deductions is being held up by the House and Senate's continuing inability to agree on a $70 billion tax cut bill. The House passed a tax cut...

Tools of the trade.(electronics)
June 1, 2006... A Very Smart Camera The COOLPIX S5 is one of the digital cameras in Nikon's new Style Series. The S5 has a slim silhouette and can produce 6.0-megapixel images taken through a 3X Zoom-Nikkor ED glass lens. Incamera picture correction...

Learning new software.(Tech Forum)(Lynda.com)
June 1, 2006... * THERE ARE ONLY A COUPLE OF CHOICES for learning new software. There's the all-day marathon assault on the limits of the human attention span--otherwise known as the training session. There's the 940-page manual that will, once thoroughly...

XBRL alliances: shall we dance?(software)
June 1, 2006... In the XBRL (eXtensible Business Reporting Language) community, software companies have achieved a certain level of success. From participation in the FDIC call report program (see "Making Clean Deposits," February 2006) to the Bank of Spain's...