May 2017 - Strategic Finance

The Power of Intangibles

Current financial accounting and reporting need to expand to better capture intangible assets beyond the balance sheet.

EDUCATION, FRIENDSHIP, NETWORKING

Attending an IMA Annual Conference brings with it rewards in education, friendship, and networking opportunities.

The Blueprint for Continuous Accounting

Continuous Accounting modernizes the financial close process by embedding automation and more into day-to-day activities.

Allocating Service Department Costs with Excel

With Excel’s iterative calculation option, using the reciprocal method is much simpler and more efficient.

The External Auditing View from Outside

A survey funded by the IMA Research Foundation explores how external auditors are influenced when internal auditors fail to detect a problem.

Ginger White Named IMA Chair-Elect

An 18-year member of IMA, Ginger will begin her term on July 1, 2017, and then become IMA Chair for 2018-2019.

IMA Life: A Lifetime of Learning

Mel Matias came to the United States with very little and earned his CMA and other credentials despite all odds.

Controllers: Get Strategic!

According to Deloitte, 91.2% of organizations anticipate a more central, strategic role for controllers in the future.

RAISING OUR GAME

IMA has mapped a strategic plan for fiscal years 2017-2021 to keep it out in front of market changes.

PARTNERING WITH DATA SCIENTISTS FOR MANAGEMENT ACCOUNTING SUCCESS

Lead a business transformation by partnering with data scientists to unlock the potential of data and technology.

Access: The Expression Builder

Use the Expression Builder to create formulas in many different places, including fields, queries, and tables.

CHECKLISTS FOR THE SMALL BUSINESS

The effective use of precise, practical, and easy-to-use checklists can streamline operations for the small business.

HACKING HARDWARE

A recent book looks into the engineering and politics that go into the manufacturing of computer hardware.

STRENGTHENING DIVERSITY AND INCLUSION IN THE WORKPLACE

Team-building activities and focused discussions are among the top tips for building diversity and inclusion.

Excel: The Function Arguments Dialog and Nested Functions

Follow this simple but nonintuitive trick to use the Function Arguments dialog when creating a formula with nested functions.

TRUST IN INSTITUTIONS IS ERODING

According to the 2017 Edelman Trust Barometer, trust in all institutions has gone down across the board.

CSCA EXAM PREPARATION TIPS

Get insights on the format of the new CSCA exam as well as reading lists and learning resources to help you study.

MEDITATE YOUR WAY TO LEADERSHIP SUCCESS!

Top tech companies are leading the way in pursuing meditation as a workplace resource for leadership and success.

Tools of the Trade: May 2017

iPad Tablet 5th generation, Samsung Galaxy S8, UE Wonderboom Bluetooth speaker, SandDisk iXpand drive.

PRIVATE COLLECTION AGENCIES ARE BACK

The IRS plans to use private debt collectors to assist with collection of certain overdue tax debts beginning spring 2017.

SEC Wants to Require Inline XBRL

A proposed rule would require companies to use Inline XBRL for financial statement preparation which could reduce costs.

Survey: Employee Engagement

A Robert Half survey found that, despite improvement, CFOs are concerned about their employees’ level of engagement.

Books: Strategy for Business Advantage

Richard D’Aveni presents a strategy for the United States to regain its advantage in a hypercompetitive global landscape.

Changes Ahead for Reducing Compensation Ratios?

Acting SEC chairman Michael Piwowar directed staff to reconsider select disclosure rules in the Dodd-Frank Act.

Welcome New CMAs: March 2017

The ICMA is proud to announce the list of members who earned their CMA certification in March 2017.

Share Your IMA Life

Do you have a story about your experiences in IMA? Consider writing an IMA Life column in Strategic Finance.