November 2016 - Strategic Finance

21st Century Sustainability

For companies to survive and thrive in the coming years, they need to view sustainability as a major driver of innovation.

Ethics Update: Volkswagen Emissions Scandal Escalates

VW included $18 billion in its 2015 financial results to cover the costs of buybacks, compensation, and repairs.

Ethics Update: SEC Investigating Non-GAAP Earnings Management

The SEC is investigating the use of financial measures that don’t comply with U.S. GAAP and may mislead investors.

Executive Compensation Proposal Satisfies No One

The rule, jointly proposed by four federal agencies to address Dodd-Frank requirements, faces a number of criticisms.

Secrets to Successful M&A

Get better results with a thorough understanding of the human capital involved and plans to address people-associated risks.

WHY ISN’T COMPREHENSIVE INCOME COMPREHENSIBLE?

The lack of a conceptual definition of other comprehensive income creates confusion for companies and users of financial statements.

LESSONS FROM THE WELLS FARGO SCANDAL

The banking scandal provides a number of lessons that management accountants can learn from and use in their own companies.

Tools of the Trade: November 2016

Discover the latest in must-have technology: Google Pixel, Google Home, Netgear Arlo Pro, Quad Lock Car Mount.

LEADERSHIP IN A MULTICULTURAL ENVIRONMENT

Develop a multicultural mind-set and become a more effective, engaging leader with these 9 tips to address cultural challenges.

THE SECRET TO IMA EUROPE’S SUCCESS

The University of St. Gallen in Switzerland has consistently produced top performers on the CMA exam.

ADD JUST ONE MORE

Despite the vast impact that computers have had on the world, there’s no Nobel Prize for computing. It’s time for a change.

Excel: Moving Subtotals to a New Column

After applying the Subtotals feature, use this technique to move the subtotals into a separate column from your data.

Access: Refining the Sales Report

After creating a report with the Report Wizard, it’s often necessary to tweak the design so it’s easier to read.

PREVENTATIVE MEASURES IN IMPLEMENTATION STRATEGY

Keep these important tips in mind when implementing a new system or software package at your company.

NEW HORIZONS

IMA is committed to expanding the awareness of the CMA program and management accounting throughout the entire world.

FRAMING THE FUTURE OF OUR PROFESSION

IMA has created the Management Accounting Competency Framework to detail the core skills needed to succeed in the profession.

DIVERSITY AND INCLUSION AT IMA

IMA embraces its membership diversity and strives to ensure everyone’s voice can be heard in the organization.

FORM 990 AND SCHEDULE O

It’s easy to overlook the need to include Schedule O when filing a return for an organization exempt from income tax.

Survey: The Value of Skills

A recent survey looks at the importance of technical skills vs. soft skills when hiring accounting and finance candidates.

Books: What is a Thirteener?

Daniel Prosser’s book, Thirteeners, addresses ways to connect employees to the company’s vision and strategic plans.

$100M to Whistleblowers

The SEC has now awarded more than $100 million for tips received through its whistleblower program.

SEC Takes Next Step on S-K

The Commission continues its work in exploring potential changes in requirement disclosures under Regulation S-K.

IMA Life: Reinventing Myself

Serving on the board of his local IMA chapter and at the regional and global levels provides this IMA member with valuable experience.

Welcome New CMAs!

The ICMA is proud to announce the list of members who earned their CMA certification in September 2016.