Financial Director articles from December 2008

Financial Director archives from December 2008

Thanks Darling.(Alistair Darling)
December 30, 2008... Byline: Dennis Turner thanks darling The PBR borrowed answers from the past A- but with swifter action, they may be more effective than before "Everybody's expenditure is somebody else's income." This statement of the...

prudence to profit from recession.
December 30, 2008... Byline: Melanie Stern prudence to profit from recession In our annual litmus test of opinion on the challenges of the coming year, five FDs we interviewed in 2008 predict a rough ride ahead. And unless we go back to basics, there will...

safety first.
December 30, 2008... Byline: Robert Bruce safety first Companies that don't want the carpet pulled from under them must prove their worth in the year ahead Who would have thought it. Certainly not the boards of most companies a mere few months...

Pension scheme trusteeship professionalising, report finds.
December 30, 2008... Byline: Melanie Stern Pension scheme trusteeship professionalising, report finds Pension schemes are now more likely to pay their trustees as the sector continues to professionalise its practices, according to Mercer's annual trustee...

Water footprint next frontier.(Brief article)
December 30, 2008... Byline: Rachael Singh Water footprint next frontier Companies should be assessing their use of water, the environmental implications of this use and the associated costs, as well as their carbon output and management. According to...

regulation key to recovery.
December 30, 2008... Byline: Rachael Singh regulation key to recovery Environmental regulation will strengthen companies' long-term competitiveness The credit and energy crisis facing the UK reinforces the need to build a regulated, low-carbon...

Economic climate changes.
December 30, 2008... Byline: Rachael Singh Economic climate changes Recession-fighting tactics will curtail business investment in climate risk management at a time it's needed most Despite the government's efforts to push the environmental agenda in...

Desperate measures are a licence to print money.
December 30, 2008... Byline: David Kern Desperate measures are a licence to print money Aggressive interest rate cuts and government bailouts will stimulate the economy, but creditworthiness remains an issue. And talk of quantitative easing is further...

rip it up.
December 30, 2008... Byline: Peter Williams rip it up Everything that FDs thought they knew has gone out the window. In some cases, that's good news In retrospect, this period will be the defining, mould-making moment for many financial directors...

money pit.
December 30, 2008... Byline: Robert Jaques money pit Instead of slashing headcount to gain short-term savings, look for waste hidden in your IT systems As the credit crunch has tightened an icy grip round the heart of business across much of the...

WINN ERTAKESALL.
December 30, 2008... Byline: Melanie Stern WINN ERTAKESALL With the chips down and poorly mitigated risks exposed, regulators want to reform remuneration schemes to recognise systemic risk. As bank executives forego bonuses, can we really rationalise...

Knighton rides to the rescue.
December 30, 2008... Byline: Rachael Singh Knighton rides to the rescue Edward Knighton is to become chief financial officer at troubled media company Entertainment Rights. Knighton was at Boosey & Hawkes Music Publishers for almost three years, turning...

Endoftheyearshow.(on management strategy)
December 30, 2008... Byline: Anthony Harrington endofthe yearshow There's little festive cheer as FDs and auditors prepare their year-end accounts for what has been a year to forget words Anthony harrington Ask any FTSE main board director what...

doni?1/2t be lost for words.
December 30, 2008... Byline: Charlotte Moore don't be lost for words Companies that fail to communicate effectively with the market are more likely to see share prices slump along with investor trust, writes Charlotte Moore It's tempting when times...

pbr changes CFC rules.(pre-budget report, controlled foreign company)
December 30, 2008... Byline: Neil Hodge pbr changes CFC rules Exemption from tax on foreign dividends will help make the UK more attractive for international companies In its pre-Budget report, the government announced it will be introducing an...

Round peg, Square Mile.
December 30, 2008... Byline: Melanie Stern Round peg, Square Mile Mid-cap stock exchange Plus is in a strong position to compete says FD Nemone Wynn-Evans, but needs to deseat the LSE from pre-eminence, writes Melanie Stern ...

TEchnical update.(Brief article)
December 30, 2008... Byline: Andrew Sawers Technical update Auditng For the first time, the Audit Inspection Unit published in-depth performance reports on a sample of audits conducted by seven leading firms A- the Big Four plus BDO, PKF and Grant...

Pyramid scheme is temple of doom.(Brief article)
December 30, 2008... Byline: Melanie Stern Pyramid scheme is temple of doom The spectacular demise of Bernard Madoff's secretly insolvent fund-of-funds, which for years had been the 1%-every-month pride and joy of celebrity philanthropists, star hedge fund...

News update.
December 30, 2008... Byline: Melanie Stern Fed rate zero The US Federal Reserve cut interest rates in December to a target rate between zero and 0.25%, the lowest rate since records began in 1954. Its Federal Open Market Committee says weak economic...

lasting impressions.
December 30, 2008... Byline: Andrew Sawers lasting impressions As you may have noticed from our cover, Financial Director magazine was launched 25 years ago, back in the days when we wondered if 1984 would match 1984 (we didn't have Google or CCTV then),...

Retailers pay high price for VAT cut.
December 30, 2008... Byline: Melanie Stern Retailers pay high price for VAT cut UK retailers suffered "significant" extra cost as a result of the VAT cut in November, according to research conducted in the aftermath by finance system supplier, Coda. ...

Fivecardtrick.
December 30, 2008... Byline: Andrew Sawers fivecardtrick Indepedence, integrity and the strength to question decisions are some of the qualities the modern FD must possess. Being good with numbers also helps words Andrew Sawers Since the launch...