financial reporting
Financial reporting: puzzle or mystery?
In a fascinating thought piece, Joe Fuller argues reporting models are confusing the puzzle of a business model with unexplainable mysteries. He argues that a rethink of what we require for good governance and understanding firms are reset boundaries rather than simply increased regulation.
IFRS: Lessons for the public sector
The public sector needs to learn from private sector mistakes to avoid costly errors in implementing regulation changes, argues Andy Cooper. He argues the benefits could be considerable for the public purse but thought needs to go into system selection.
IASB proposes more changes to financial instruments disclosure
Martin O'Donovan, ACT's assistant director of policy and technical issues, examines the International Accounting Standards Board's (IASB) draft of proposed amendments to IFRS 7 disclosure on financial instruments.
Excel-based report writers; the inside story
Take a look at the Excel-based report writers with a quick summary of how they work. David Carter also gives you a comprehensive set of links to Excel competitors and their data marts to help you improve company reporting.
ACT MarketWatch: Update on rules and reporting
The month's MarketWatch briefs from the ACT look at new reporting ideas from the SEC, including a replacement of Edgar, roadmap to IFRS, the concept of materiality, pre-emption charges and amendments to IAS 39.
Handling a career crunch for finance directors
Corinne Mills a specialist in developing careers for finance directors and senior company staff looks at how everyone should prepare for the time you lose your job.
Lessons: Five-minute pivot table tips for Excel
Here is a list of lessons in the use of Excel pivot tables, improving any financial manager's abilities and boosting the possibilities of more accurate financial forecasting and reporting.
British businesses need help with working capital and reporting
The issues facing British companies now are how to improve working capital and financial forecasting. In the coming weeks Finance Week will examine the alternative sources of financing available including factoring and asset-based lending and how to reduce days' working capital.
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more