General Article Archives - Page 28
Keeping Up with Rapid Changes in Technology
Rapid change in technology has become the biggest source of pressure on company finance and accounting teams. That’s the leading opinion of more than 2,200 U.S. CFOs interviewed for a new Robert Half Management Resources survey. The CFOs, who represent companies of all sizes in more than 20 of the largest US metropolitan markets, were asked in a telephone interview: “In general, what would you say is the single greatest ...
Read MoreThe Case for Updating Your Policies and Procedures Manual
When corporate leaders consider updating their policies and procedures manuals, it may seem that the reasons for delaying the project outnumber the pages in the document. Making changes to the manual is time-consuming. Policies and procedures in the organization may be so siloed that maintaining a manual becomes a challenge. And by the time the ink dries on the newest edition of the document, a new law or regulation may be enacted that requires ...
Read MoreHow to Make a Professional Apology
Professional apologies are necessary—and sometimes complicated. It happens to everyone sooner or later. You forget to return an email. You snap at a co-worker. You are rude to a client. Someday you'll do something that affects a business relationship, and your response could impact your career or your firm. The question is, what will you do about it when the time comes? The most important action is generally to swallow your ...
Read MoreEight Practices That Help Prevent Fraud in Your Agribusiness
Agribusinesses that become victims of employee fraud tend to place unrestricted trust in those they shouldn’t — including the credentialed controller or CFO they hired to help run their business. In fact, sometimes the individual who commits fraud is a long-term employee in a finance role. These individuals have the capability of doing the most damage, so it is important to use financial and operational protocols that remove ...
Read MoreBest Practices: 10 Lessons Learned in Implementing New Rev Rec Guidance
The rules governing revenue recognition for public and private companies worldwide are changing dramatically starting Jan. 1, 2018. And several recent surveys show that most companies are unprepared. If you have not yet completed your implementation of the new standard — either ASC 606 or IFRS 15 — the following 10 lessons we have learned may help you get a jump start and utilize best practices that RGP, a finance and ...
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