Prepare your balance sheet for new leasing rules
The IASB and FASB are expected to issue their latest proposal on leases, and the potential impact could echo through the entire business. If your company’s financing arrangements use leases, take notice: The proposed rules could change the way you present and recognize expenses in your income statement, make lease-vs- buy decisions, and execute agreements. And these changes could ultimately affect your company’s financial performance.
Managing tax uncertainty through operational effectiveness
The tax function is an overlooked area for improvement. It is frequently bogged down by rigidity and antiquated systems, and unprepared for change. Even worse, its antiquated systems represent a hidden source of risk to the company and to the longevity of company CFOs. The tax function is ripe for systemic change, similar to how Lean, Six Sigma, and enterprise resource planning have transformed other company functions. The result: improved risk management, forecasting, analytical abilities—even cash savings.
Getting eco-efficiency right
Nearly half (48%) of global CEOs say they plan to support eco-efficiency in the coming year by reducing environmental impacts. But chances are good these efforts will stall. Projects that are both cost-effective and good for the environment may never get off the ground. In this 10Minutes we’ll look at current approaches for making the business case for environmental initiatives, give examples of indirect benefits, and show how intangibles can be factored into your decisions.