Jeff Diermeier, president of the CFA Institute gives his point of view on the current spate of bailouts, regulation and risk. Surprisingly a survey of his members found a substantial number thought the bailouts were either ill-advised, an over-reaction or inappropriate. On the other hand his Institute supports the concept of short-selling. Here he discusses where the future lies for the financial world.
This weekly research note was written prior to the collapse of Lehman Brothers and the sale of Merrill Lynch. However Jeremy Armitage, pointed out that the bailout of the national mortgage corporations might have been a necessity but while equity markets responded well, it could yet be proved to be a false dawn. So it has been.
More than 200 Finance Week and AccountingWEB.co.uk members registered for a lunchtime web seminar on controlling travel & entertainment expenses presented by Concur at 1pm on Wednesday 10 September. The webinar is now available to download. To run this from your desktop right click on the link and select save as: Concur Expense Management Webinar
Staff costs are typically measured by calculating payroll and training as a percentage of the company's revenue. New research has revealed hidden employee costs. Mary Clarke, CEO of Cognisco, explores the findings and identifies how the finance team can mitigate against these.
The average UK office wastes £6,000 a year on leaving equipment on over bank holidays and weekends. Alek Cybura takes a look at the impact on the bottom line of ungreen policies and makes some inexpensive recommendations on how firms can save money.
Historically, the approach many organisations have taken with internal processes - including the management of corporate travel and the expense report...
Employee spend fraud is responsible for sizeable financial losses within organizations across the United States. Automated travel booking and expense reporting solutions are quickly replacing manual solutions, increasing compliance and detecting fraud as it occurs. A complete Employee Spend Management solution with superior fraud detection tools optimizes internal control, offers integrated reporting, and promotes healthy organizational growth.
Few finance directors can truly say they have expenditure under control. This paper examines how spend control software is deployed across some of the world?s leading organisations, and in multiple business sectors.
A recent global survey revealed that fleet managers are more concerned about saving money than saving the environment when it comes to company cars. Louise Druce looks at how FDs can tighten the purse strings.
The risks of raising additional finance through an overdraft facility were highlighted in the second half of 2007, when big banks passed on their own ...