Recently added articles from Strategic Finance:
Reflections on China.(PERSPECTIVES)
May 01, 2009; ... Sometimes we focus so much on our work in the U.S. that we forget we're operating in a truly global economy today. Let's see what we can do to increase the feeling of a worldwide community. [ILLUSTRATION OMITTED] The leadership of the Institute of Management ...
Unlock your membership value.(TOP LINE)(Institute of Management Accountants)
May 01, 2009; ... IMA continues to work toward offering you a greater variety of membership benefits that you can use on and off the job. Our webinar series is one of the latest. [ILLUSTRATION OMITTED] Dear IMA Member: In today's recession, people are looking to get the ...
New views on lease accounting.(FINANCIAL REPORTING)(Financial Accounting Standards Board )(International Accounting Standards Board )
May 01, 2009; ... The FASB and the IASB have released a joint discussion paper about leases in which they propose several elements of a new model for lease accounting. For many entities, the proposed changes would increase the complexity of lease accounting and impact key financial ratios. In the ...
Sandy Richtermeyer named IMA Chair-Elect.(IMA NEWS)(Institute of Management Accountants)
May 01, 2009; ... Sandra B. (Sandy) Richtermeyer, CMA, CPA, Ph.D., has been named IMA Chair-Elect, which means she will become IMA Chair in 2010-11. John M. Brausch, CMA, CFM, CPA, is IMA Chair for 2009-10. The IMA Board of Directors announced Sandy's nomination on January 10, 2009, and members had 30 days ...
Target a variety of students.(LETTERS)(Letter to the editor)
May 01, 2009; ... There has been some recent discussion and articles on the problems of getting undergrad Accounting majors to consider management accounting careers and what to do about it. I believe that these students have had their eye on one thing since their sophomore year--that is obtaining a CPA. It ...
House likely to press attack on FASB, SEC.(GOVERNMENT)(Financial Accounting Standards Board)(Securities and Exchange Commission)(Editorial)
May 01, 2009; ... Look for the House to take another step toward influencing the independent accounting standards-setting process when its Financial Services Committee holds a second hearing on fair value accounting. At a first hearing on March 12 in the subcommittee on capital markets, insurance, and ...
Framework for success.(The VITAL Core of Successful Leaders: What These Leaders Know and Do)(Book review)
May 01, 2009; ... As a management consultant and executive coach, Audrey Dorsey has helped many successful business leaders refine and hone their leadership skills to reach even greater heights. In doing so, she's identified a set of elemental qualities that comprise the basic foundation of effective ...
Concerns about Cox IFRS proposal.(GOVERNMENT)(International Financial Reporting Standards)(Law overview)(Brief article)
May 01, 2009; ... It looks increasingly like former SEC Chairman Chris Cox's intention to allow 110 Fortune 500 firms to voluntarily adopt International Financial Reporting Standards (IFRS) at the end of 2009 is going down in flames. The comment deadline on the Cox proposed rule ended in April. A lot of ...
Ghost and Zombie Assets it's midnight. Do you know where your assets are?(FIXED ASSETS)(Enron Corp.)(MCI Inc.)
May 01, 2009; ... Internal Control may well be the watchword of the financial community this decade. Enron, HealthSouth, and WorldCom focused investors' attention on the accuracy of financial statements, particularly fixed assets, which are sometimes referred to as Property, Plant, and Equipment (PP&E). The ...
How accurate are Chinese costing practices?(INTERNATIONAL)(Survey)
May 01, 2009; ... This is the third of three articles based on the recently completed study by the Institute of Management Accountants (IMA[R]) of the state of management accounting in China. The study included both field studies as well as an extensive survey of 209 companies; in conducting it, we were ...
Where tax shelters and core values collide: the case of XYZ bank.(ETHICS)
May 01, 2009; ... The computer industry is constantly on high alert for rogue viruses that can't be contained. In the financial world, the equivalent "bug"--at least as far as the Internal Revenue Service (IRS) is concerned--is the illegal tax shelter. But recently the federal government has been ...
Reporting if all records for a department are complete.(EXCEL)(Formula)
May 01, 2009; ... A reader sent in a question that provides a great example for this month's Excel article. Rod has a data set with a binary column at the end of the data set to indicate if the record is complete or incomplete. He would like to create a pivot table that would indicate if 100% of the records ...
Creating relationships between tables.(ACCESS)
May 01, 2009; ... Last month we discussed the need to connect tables using primary keys, foreign keys, and bridge tables. We also created a schema design for a simple business example and discussed thinking about one-to-many relationships when conceptualizing your schema. This month we will cover the next ...
XBRL implementation strategies: the bolt-on approach.(XBRL)(XBRL (document markup language))
May 01, 2009; ... In March I discussed the reasons why companies that will have to submit XBRL filings to the U.S. Securities & Exchange Commission (SEC) over the next two years should be aware of (and carefully consider) three different strategies for the implementation of XBRL in their information ...
Tools of the trade.(TECHNOLOGY)(LiveView GPS)(Nikon Corp.)(Dell Inc.)
May 01, 2009 ... NavTrac RTV10 The new LiveView GPS NavTrac RTV10 combines three business functions in one GPS device. It has the conventional GPS navigation controls, but it also can provide critical tracking of the vehicle in which it's operating and two-way communication to the driver as ...
The next war--Android, Fennec, and the phones.(TECH FORUM)(Symbian Ltd.)(Microsoft Corp.)
May 01, 2009; ... IF YOU THOUGHT THE BROWSER WARS were over with everyone quietly settling back into their own territories, you might be mistaken. True, the Microsoft attempt to "cut off Netscape's air supply," which led to the Department of Justice (DOJ) and 20 states filing a U.S. v. Microsoft civil ...
From management accountant to CMA.(IMAlife)(ctified management accountant)(Personal account)
May 01, 2009; ... I would like to share the story of my journey from being a management accountant to becoming a CMA. In 2004, I had completed 14 years as a management accountant in my family-owned medium-sized auto ancillary business in Chennai, India. It was then that I decided to enroll in the ...
Keeping things in perspective: message from the chair.(PERSPECTIVES)(Viewpoint essay)
Apr 01, 2009; ... Even though it seems like the world is falling apart, there are still plenty of things financial professionals, particularly management accountants, can do to cope and come out ahead. [ILLUSTRATION OMITTED] Reading and watching the news these days can be down-right ...
Too smart for your own good.(BEST PRACTICES)
Apr 01, 2009; ... Success isn't just a matter of our talents or abilities. It also depends on the thinking with which we approach things. Having the right mindset opens us up to greater opportunities. You probably feel Tom's pain. Like so many others, his software business is languishing ....
Financial instruments and the financial crisis.(FINANCIAL REPORTING)
Apr 01, 2009; ... The global economic crisis is now affecting another segment--regulators and standards setters. The Financial Accounting Standards Board just recently added four short-term projects to its agenda that address practice issues related to financial instruments. Over the past year, a ...