News for Business & Industry Professionals

  • Internal auditors’ job satisfaction higher with incentive pay, survey finds

    Internal auditors who receive incentives based on profits or revenue report higher job satisfaction and loyalty to their organizations without having their objectivity compromised, according to a new survey report.
  • Six Tips for Using Data More Wisely

    Organizations are collecting more data than ever before and processing them in new ways in an effort to improve their businesses. But often they are not using the data in the right way — if they are using them at all.
  • How to hire an employee benefit plan auditor

    Audits of employee benefit plan (EBP) financial statements are an important public service in which quality performance is essential. But studies by the U.S. Department of Labor (DOL) have found significant deficiencies in some of these plan audits, and stepped-up enforcement of the audit requirement carries risks for plan administrators.
  • CFOs getting more requests for pay raises and promotions

    CFOs have plenty to deal with these days as their strategic role in organizations grows and as business gets more complex. They’re also getting more requests from employees for promotions or more money.
  • Internal auditors with incentive pay have higher morale, survey shows

    Internal auditors who receive incentives based on profits or revenue report higher job satisfaction and loyalty to their organizations without having their objectivity compromised, according to a new survey report.
  • How to build an effective audit committee

    The audit committee is a fundamental part of the corporate governance structure. But with changing demands being placed on it, what steps can companies take to ensure that the committee effectively safeguards stakeholders?
  • Mistakes that cause good employees to leave -- and how to avoid them

    A rift seems to be developing between companies and their workers, who disagree about the reasons employees seem less engaged at work these days. Recent research shows differences of opinion between employees and employers on the top causes of workplace stress and the reasons workers leave for other jobs.
  • 4 management accounting principles to guide improved decision-making

    Effective management accounting practices can improve decision-making in organisations, which need sound fundamentals but also speed when trying to decide which strategic paths to follow. In short, organisations need principles that can be applied to help produce favourable outcomes.
  • Why the relationship between CEO and CFO is important

    The relationship between the chief executive officer and the chief financial officer is one of the most important in any company. The CEO needs the CFO to share his or her view of the company strategy and then work in concert to implement it.
  • Companies underestimate risk of contract employee classification

    A new survey by ICon Professional Services, a provider of contingent workforce management solutions, finds a significant gap between the actual financial risk posed by companies that misclassify their independent contractor workforce and how companies perceive that risk.

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