February 2020 - Strategic Finance

Reaping the Benefits of Business2030

Organizations that align their purpose to sustainable value-creating strategies strengthen their long-term competitiveness.

The Impact of Big Data on Finance

The emphasis on implementing Big Data effectively within an organization is an opportunity for finance professionals.

Tone at the Top vs. Tune in the Middle

Direct supervisors may have even more influence to create an organization-wide ethical culture than upper management.

Analyzing Performance Under ASC 842

The new leasing rules could impact companies’ key financial ratios and complicate benchmarking and performance measurement.

Invest in Yourself

It’s difficult to stick to New Year’s resolutions, but if you haven’t done so already, commit to completing the CMA program.

Machine Learning to Boom in 2020

Algorithmia’s 2020 State of Enterprise Machine Learning report profiles trends for machine learning this year.

When Less (Frequent) Is More

The best performance is achieved when managers deliver detailed feedback less frequently, a pilot research project found.

D&I in Small Business

Diversity and inclusion programs are worth the time and resources they require because they help small businesses to thrive.

401(k) Hardship Distributions

It’s easier for employees to get a distribution from their 401(k) plans due to financial need, but there’s a tax implication.

Excel: A Pivot Table with Data from Different Worksheets

Excel lets Windows users create a pivot table with data from multiple worksheets if they have one field in common.

Tools of the Trade: February 2020

A look at the recently released Surface Pro 7, Motorola One Hyper, Dyson Cryptomic Air Purifier, and Microsoft Seeing AI app.

Procurement of Software and Smartphone Apps

It’s critical for organizations to put in protocols for buying the software and applications that their employees need.

Access: Files

It’s important to know that Access files don’t behave the same way as other Microsoft Office files and plan accordingly.

Ethics Must Be Global

Multinational companies need to embrace a universal code of ethics and apply it everywhere they operate around the world.

New MAQ Issue Is Now Online

The digital competencies finance professionals need is a topic featured in the new issue of Management Accounting Quarterly.

IMA Life: Earn What You Deserve

IMA’s Student Leadership Conference started an Indian woman's journey to the Young Professional Leadership Experience.

IMA Volunteerism: Jump In

Volunteering teaches professionals many things, and saying “yes” to giving back opens doors to life-changing experiences.

IESBA Proposes Revisions to Independence Standards

The IAESB released two exposure drafts with revised standards that would further reinforce auditor independence.

Companies Report Higher Audit Fees

A FERF survey found that average audit fees increased by 4.25% from 2017 to 2018 due to new FASB standards.

Survey: Business Confidence Rebounds

The ACCA and IMA Global Economic Conditions Survey found that global economic confidence bounced back somewhat in Q4 2019.

Proposed Changes to Auditor Independence Rules

The SEC may give auditors more flexibility to avoid independence violations and issuers more audit firms to choose from.

Books: Articulate Your Purpose

Companies benefit from developing a purpose statement to articulate how they are working to make the world a better place.

House Passes Corporate Diversity Bill

This legislation would require annual reports to include board members’ and senior executives’ gender, race, and ethnicity.

Welcome, New CMAs: December 2019

The ICMA is proud to announce the list of IMA members who earned their CMA certification in December 2019.