Strategic Finance articles from May 2008

Strategic Finance archives from May 2008

FGRC: seize the opportunity.(Message from the chair)(Finance Governance, Risk, and Compliance)
May 1, 2008... FGRC[TM] stands for Finance Governance, Risk, and Compliance, and it's one of the new strategic initiatives from the Institute of Management Accountants (IMA[R]) that is intended to advance our profession and drive member growth. But what does...

John M. Brausch named IMA Chair-Elect.(Institute of Management Accountants)
May 1, 2008... John M. Brausch, CMA, CFM, CPA, has been named IMA Chair-Elect, which means he will become IMA Chair in 2009-10. Frederick E. Schea, CMA, CFM, CPA, is IMA Chair for 2008-09. The IMA Board of Directors announced John's nomination on January 5,...

IMA advocacy efforts spotlight and advance your profession.(IMA News)(Institute of Management Accountants)
May 1, 2008... As a professional association, the Institute of Management Accountants (IMA[R]) has the opportunity to serve as a spokesperson on behalf of management accounting and finance professionals, using the entire weight of our membership to influence...

IMA's Small Business Financial and Regulatory Affairs Committee.(Advocacy)
May 1, 2008... Greetings from the world of Professional Advocacy! I can't believe it has been two years since I became IMA's director of professional advocacy. Since my start on May 1, 2006, I have seen my role evolve in many ways, and I have witnessed IMA...

Changes to the CMA program on the way.(Certification)(Institute of Certified Management Accountants )
May 1, 2008... As part of the effort by the Institute of Certified Management Accountants (ICMA[R]) to continuously improve the Certified Management Accountant (CMA[R]) certification program, we will be making several changes to the program that are intended...

Supply chain risks: are you prepared?([NEWS])
May 1, 2008... Companies are faced with a growing number of supply chain risks almost daily, but most aren't prepared to deal with them, a recent study of North American risk managers found. Although 73% of the respondents said their supply chain risk level...

Keith Russell, 1946-2008.(streetwise)(Bill Greehey School of Business at St. Mary's University)(Obituary)
May 1, 2008... Keith Russell, CMA, dean of the Bill Greehey School of Business at St. Mary's University in San Antonio, Texas, and former member of the IMA Executive Committee, died April 9, 2008, at the age of 61. He had been at the University since...

Democrats want tougher reviews of investments by sovereign wealth funds.([GOVERNMENT])
May 1, 2008... At a time when corporations have to pay higher interest rates on corporate bonds in order to attract investors, sovereign wealth funds have in some instances been just what the doctor ordered. Ethiopis Tafara, director of the office of...

A Whistleblower's story.(Institute of Management Accountants )(Viewpoint essay)
May 1, 2008... I still clearly remember the first time I heard Cynthia Cooper speak. It was at the Institute of Management Accountants (IMA[R]) 85th Annual Conference and Exposition in Chicago, Ill., on Monday, June 28, 2004. Cooper was the speaker at a...

Integrating governance risk and reporting to create long-term value.(ANNUAL CONFERENCE TOPIC)
May 1, 2008... Organizations face more threats than ever to achieving their strategic objectives. These business risks emanate partly from increasing interdependencies with other organizations, such as alliances, as well as from global competition, changing...

How strong are your passwords?(Technology)
May 1, 2008... When it comes to preventing identity theft, most of us immediately think of protecting our credit cards, Social Security numbers, and other personal data. But how much attention are you giving to your lowly passwords? Anyone who can get...

2 + 2 = ? It's time for Americans to become more financially literate, and Accountants can help them do so.(Education)
May 1, 2008... No nation, regardless of its economic model, can afford to waste capital, and yet that's exactly what we in the United States are doing through our national financial ignorance. Many Americans lack the basic skills necessary to balance a...

Subtotal tricks.(Excel)
May 1, 2008... I recently flew to Toronto to tape some guest appearances on Leo Laporte's "Call for Help" television show, where I demonstrated what many would consider to be a fairly mundane task: adding subtotals in Excel. After the show aired, some viewers...

Tools of the trade.(One Laptop per Child)(Intel Corp.)
May 1, 2008... Most of the press about cheap laptops for young students has focused on MIT's OLPC (One Laptop per Child), but now Intel has rolled out its own, called Classmate PC. Announced in April, the second-generation, Intel-powered PC is described by...

Renaissance nexus.(End Note)(Luca Pacioli's small masterwork)
May 1, 2008... For centuries, there were no known copies of Luca Pacioli's small masterwork, De Ludo Schacorum (About the Game of Chess). The Renaissance figure, who is also known as the "Father of Accountancy," had written the work around 1500 at a time when...