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Financial Directions - UK finance managers say IFRS costs more than it delivers.
(From Financial Director)
Investing in compliance
Nearly three-quarters (74%) of UK finance managers would be more likely to invest in companies that comply fully with IFRS than those that don't, compared with only 52% of French respondents. But 62% of UK finance managers still believe that the cost of compliance with IFRS outweighs the benefits, according to Robert Half. www.robert half. co.uk
Strike a balance
More than half (53%) of respondents to a survey by the Department of Trade and Industry say that being in control of their work-life balance is a crucial factor affecting their productivity, with 75% admitting they would prefer to work for an employer that provided flexible working opportunities. While in the workplace, 78% believe regular feedback and praise, and 67% feel that involvement in business decisions keeps them motivated and productive. www.dti.gov.uk/bestpractice
Divestment issues
While 83% of companies worldwide believe divestments are important for enhancing competitive advantage - nearly as important as M&A (89%) - only 42% of companies have a divestment strategy and 71% believe that more than half the value of a divestment is not realised, according to PwC. ...
- The ephemeral finance executive: overworked CFOs are turning to interim finance...
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...international finance, Harding is refining the company's approach to overseas finance, as well as working to build the UK finance operation and advising Johnson's team on what to look for in a permanent executive. Sapient's experience is not unique...
- Finance managers kept out of loop.
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...Family businesses often keep their finance managers out of the loop when it comes to providing...making it hard for professional finance managers to perform effectively, accounting...businesses that employ professional finance managers may not be getting the best value...
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...are showering dealership finance managers with cash and fancy gifts...their way. Some lenders pay finance managers bonuses of $50 to $75...employees. Some dealers allow finance managers to accept the payments...
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...LANGKAWI, April 4 (Bernama) -- Finance managers in statutory bodies should ensure...activities, would face problems if finance managers did not pay attention to the matter...management system. He also urged the finance managers to ensure their financial statements...
- Finance managers top fraud list.(Need to know)
- Magazine article from: Business Franchise Pennington, Barrie July 1, 2007 700+ words
...The perpetrators are, most commonly, long-serving finance managers who have been employed for six years or more before they...pounds sterling] in 42 per cent of cases. Because many finance managers are part of senior management they are able to bypass internal...
- Emerging role of finance managers.
- News wire article from: Asia Africa Intelligence Wire October 3, 2002 700+ words
...affect the investment and the consequences of these for the finance managers are several. He has to juggle several variables, such...into an internal venture capitalist because tomorrow's finance managers will be much more involved in deciding the future of their...
- NADA chooses program for finance managers.(Finance)(National Automobile Dealers...
- Magazine article from: Automotive News Harris, Donna June 14, 2004 700+ words
...program as its official training and testing program for finance managers. The program, developed 14 years ago, has certified at least 10 percent of the dealership finance managers in the United States. It has endorsements from state dealer...
- Budgeting: perspectives from the real world: a survey of senior accounting and...
- Magazine article from: Management Accounting Quarterly Shastri, Karen Stout, David E. September 22, 2008 700+ words
...Murray Lindsay offers evidence that senior accounting and finance managers find the budgeting process to be more helpful than harmful...the budgeting process, including whether accounting and finance managers' organizations planned to abandon budgeting and whether...
