Corporate Cashflow Magazine articles from January 1994

Corporate Cashflow Magazine archives from January 1994

Uncle Sam prepares to block fat cats' age-weighted plans. (nondiscrimination rules for defined contribution plans) (Investments & Benefits)
January 1, 1994... Although the Retirement Protection Act of 1993, proposed by President Clinton and delivered to Capitol Hill in October, is a long way from becoming law, it has put plan sponsors on notice that they had better not introduce age and service...

Clinton health plan could pull plug on 106 prefunding. (Financial Accounting Standard 106) (Investments & Benefits)
January 1, 1994... Stop prefunding retiree medical obligations. A new national health care program may take over the bulk of that responsibility. Consultants who helped companies set up voluntary employee benefit associations (VEBAs) or 401(h) programs to fund...

New TMA trade shows could test sponsors' budgets. (Treasury Management Association) (Professional)
January 1, 1994... Who should train America's treasury managers? And who should pay for it? Disputes over who will sponsor what trade shows, conferences and seminars are surfacing in a growing tug of war between the national Treasury Management Association (TMA)...

Banks turn imaging into speedy new delivery products. (Cash Management)
January 1, 1994... Image technology finally is giving bank customers something more than faster lockbox processing. A few banks are using imaging as more than an internal productivity enhancer by applying it to the processing and delivery of exceptions items, check...

Treasury search for quality benchmarks shows hits, misses. (Treasury Management)
January 1, 1994... As quality campaigns spread to corporate treasuries, managers are working to identify their departments' most vital services and to examine how well they are providing them. (See CORPORATE CASHFLOW, December 1992, p. 13 and October 1992, p. 28)....

Riper balance sheets: for vintage debt, extend maturities. (Cover Story)
January 1, 1994... This shapes up as a vintage year for corporate finance. Cheap capital abounds and is being tapped through an array of strategies. With $100-million deals luring $300 million or more, the law of supply and demand is alive and well. Not only are...

Protecting financial statements from SFAS 112 arrows. (Statement of Financial Accounting Standards No. 112)
January 1, 1994... The new Statement of Financial Accounting Standards No. 112, Employers' Accounting for Post-employment Benefits, went into effect for most companies January 1, obliging employers to adopt accrual accounting for workers' compensation, disability,...

Financing environmental risk: new ways to survive lethal EPA charges. (Environmental Protection Agency)
January 1, 1994... Superfund, the Environmental Protection Agency's 13-year-old antidote to pollution hazards, has taken thousands of actions against businesses that are directly or potentially responsible for hazardous waste sites. The charges under Superfund's...

Time-tested strategies from an old lion. (advice from a veteran cash management specialist) (Basis Points) (Column)
January 1, 1994... "Older than dirt!" Harry had survived inflation, deflation and stagflation. He had invested in normal and what he calls "perverted" yield curves, always looking opportunistically for profit and using both debt and investment--sometimes...

Strong market draws host of IPO prospects. (initial public offerings) (Capital Ideas) (Column)
January 1, 1994... If your enterprise has grown up enough to be taken public and you need capital, just do it. True, initial public offerings boasting rich valuations may be vulnerable to correction in the event interest rates veer still higher. Yet...

Pension simplification bill is back, still popular but vulnerable. (Washington Watch) (Column)
January 1, 1994... A willingness to unbundle legislation has revived hopes that Congress may now act on the long-delayed pension simplification bill that would lighten the burden placed on sponsors of pension plans. Pension simplification fell out of last year's...

Use feedback to get everyone marching in the right direction. (goal-setting) (Benchmarks) (Column)
January 1, 1994... As another year dawns, managers find themselves facing the annual task of setting goals for the next 12 months. As treasury managers, we spend a great deal of time thinking about the company's financial goals and possibly even some time...

Rise fast through risk-taking, strategy, willingness to learn. (interview with MTB Bank Executive Vice President Darren S. Schulman) (Stepping Up) (Column)
January 1, 1994... First of all, how did this promotion come about, and why do you think you deserve it? Everything is normally done by evolution, not by revolution. This company has grown in many ways, and I've grown along with it. As a financial person,...

Automating collections adds cash, frees up staff time. (Case in Point) (Column)
January 1, 1994... Moving information electronically is simply the quickest, most flexible way. When this principle is applied to the collection function, the benefits--new cash and additional staff time--are quite tangible. A middle-market clothing and textile...