NSAC Happenings and Latest News - Page 33
Pandemic Forces CFOs to Manage Financial Liquidity Bette
CFOs and other finance executives are finding they need to reforecast their company’s liquidity and cash flow on a weekly and even daily basis as they cope with the pandemic. While weekly or monthly forecasting seems to be the norm right now, many CFOs are wondering about the right frequency for forecasting during the COVID-19 pandemic. According to an online poll during a webcast last October by Deloitte, 8.2 percent of the respondents ...
Read MoreThe Post-Pandemic Office Dilemma: Who Returns and Who Works from home?
In 2020, organizations quickly pivoted to remote work—regardless of their previous capabilities and setups. For some industries, this was an easy and seamless shift. For many others, it was unfamiliar—and at times, a major struggle. As we look back on nearly a year of work-from-home data, the results have been overwhelmingly positive—with most remote employees proving to be more productive, while also enjoying the flexibility ...
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Final Regulations Under IRC Section 163(J)
Originally Published in The Cooperative Accountant, Winter 2020 Issue On July 28, 2020, the Treasury Department released final regulations with guidance on applying the limitations on the deductibility of business interest expense (BIE) under IRC Section 163(j) (the Final Regulations), which was significantly modified by the Tax Cuts and Jobs Act (TCJA) and then temporarily modified by the Coronavirus Aid, Relief, and Economic Security Act ...
Read MoreWhy the First Five Minutes of a Meeting Shape Its Outcome
You’ve planned a great gathering for your team. Now it’s time to start it off right. Meetings that just happen by default waste precious time, invite poor decisions, add to exhaustion, and fray relationships. Given these risks, I proposed in a previous article that successful meetings are intentionally designed. The basic idea is that to support people and move critical objectives forward, leaders need to ask themselves four ...
Read MoreFinance Execs See Pain Points in Internal Controls Reporting
Financial executives feel that the requirements for documenting their organization’s internal controls are getting to be too much and many of them are behind the curve when it comes to applying technology for internal control over financial reporting, according to a new report. The report, from Financial Executives International’s Financial Education & Research Foundation, is based on a survey of 145 FEI members at 12 large ...
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