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Analyzing Sustainability Impacts
By Marc J. Epstein and Kristi Yuthas
To bypass traditional “triple-bottom-line” thinking, the authors offer a practical tool that can determine the real costs and benefits of going green. This cost-benefit tool allows financial managers to consider both the financial and social outcomes of potential decisions without the need for advanced knowledge of sustainability models or methods. The process requires five basic steps.
Getting the Jump on IFRS
By Deborah L. Seifert, CMA, CPA, and Deborah L. Lindberg, CPA
For multinational corporations, the long and winding road toward adoption of the new international reporting standards has brought its share of challenges and headaches. For those companies in the throes of the transition—and especially those about to begin the process—the benefits of streamlined global reporting, easier access to foreign capital markets, and smoother facilitation of cross-border acquisitions or joint ventures will likely outweigh the costs.
Unleashing Lean’s Potential, One Behavior at a Time
By DeWayne L. Searcy, CMA, CIA, CPA
An organization’s culture determines whether lean will succeed or fail in the long term. A lean culture requires commitment and support from top management and organizational drivers from mid- and upper-management personnel. An outside consulting group can serve as facilitator, offering training and helping overcome any resistance to change. The author follows two companies in their efforts and offers a 19-item toolbox of lean production elements.
Gordon Maron: Building Financial Leadership
By Ramona Dzinkowski
Gordon Maron, Canada’s 2011 CFO of the Year, discusses his primary financial strategy between 2009 and 2011 that led to his achieving this honor, how he dealt with government deficits in the U.S. during those years, and what skill sets it takes to become a great CFO.
New Plans for the New Year
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Bonus Depreciation and the Business Automobile Exception
Credit Rating Should Be Improved, not Discarded
Happy Anniversary, CMA!
Mentoring Is More about Questions than Answers
Relief Ahead for Lessors?
I Treasure My 25 Years
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