Strategic Finance articles from May 2009

Strategic Finance archives from May 2009

Unlock your membership value.(TOP LINE)(Institute of Management Accountants)
May 1, 2009... IMA continues to work toward offering you a greater variety of membership benefits that you can use on and off the job. Our webinar series is one of the latest. [ILLUSTRATION OMITTED] Dear IMA Member: In today's recession, people...

New views on lease accounting.(FINANCIAL REPORTING)(Financial Accounting Standards Board )(International Accounting Standards Board )
May 1, 2009... The FASB and the IASB have released a joint discussion paper about leases in which they propose several elements of a new model for lease accounting. For many entities, the proposed changes would increase the complexity of lease accounting and...

Sandy Richtermeyer named IMA Chair-Elect.(IMA NEWS)(Institute of Management Accountants)
May 1, 2009... Sandra B. (Sandy) Richtermeyer, CMA, CPA, Ph.D., has been named IMA Chair-Elect, which means she will become IMA Chair in 2010-11. John M. Brausch, CMA, CFM, CPA, is IMA Chair for 2009-10. The IMA Board of Directors announced Sandy's nomination...

House likely to press attack on FASB, SEC.(GOVERNMENT)(Financial Accounting Standards Board)(Securities and Exchange Commission)(Editorial)
May 1, 2009... Look for the House to take another step toward influencing the independent accounting standards-setting process when its Financial Services Committee holds a second hearing on fair value accounting. At a first hearing on March 12 in the...

Framework for success.(The VITAL Core of Successful Leaders: What These Leaders Know and Do)(Book review)
May 1, 2009... As a management consultant and executive coach, Audrey Dorsey has helped many successful business leaders refine and hone their leadership skills to reach even greater heights. In doing so, she's identified a set of elemental qualities that...

Ghost and Zombie Assets it's midnight. Do you know where your assets are?(FIXED ASSETS)(Enron Corp.)(MCI Inc.)
May 1, 2009... Internal Control may well be the watchword of the financial community this decade. Enron, HealthSouth, and WorldCom focused investors' attention on the accuracy of financial statements, particularly fixed assets, which are sometimes referred to...

Where tax shelters and core values collide: the case of XYZ bank.(ETHICS)
May 1, 2009... The computer industry is constantly on high alert for rogue viruses that can't be contained. In the financial world, the equivalent "bug"--at least as far as the Internal Revenue Service (IRS) is concerned--is the illegal tax shelter. But...

XBRL implementation strategies: the bolt-on approach.(XBRL)(XBRL (document markup language))
May 1, 2009... In March I discussed the reasons why companies that will have to submit XBRL filings to the U.S. Securities & Exchange Commission (SEC) over the next two years should be aware of (and carefully consider) three different strategies for the...

Tools of the trade.(TECHNOLOGY)(LiveView GPS)(Nikon Corp.)(Dell Inc.)
May 1, 2009... NavTrac RTV10 The new LiveView GPS NavTrac RTV10 combines three business functions in one GPS device. It has the conventional GPS navigation controls, but it also can provide critical tracking of the vehicle in which it's operating and...