Interest in global accounting standards is on the rise among finance pros, though many fret about the cost and complexity of conversion from U.S. GAAP.
Having completed 400 acquisitions within the past 20 years, Aon’s new CFO, Christa Davies, says that the company’s finance organization must undergo a top-to-bottom optimization before key objectives can be met.
Aon Corporation Executive Vice President and CFO Christa Davies speaks with Business Finance Editor-in-Chief Jack Sweeney about how Aon is transforming its business by exiting lower-margin underwriting, and focusing on risk management and human capital management services.
CFOs can play a key role in developing a realistic, risk-aware performance management strategy to help their organization neutralize threats, exploit opportunities, and avoid nasty surprises.
Bringing in outside expertise can help internal audit departments meet ever-increasing demands, but like any outsourcing initiative, internal co-sourcing calls for careful due diligence. The Institute of Internal Auditors recommends these 10 steps to success.
While few companies possess special investigations units or informatics functions, most organizations do house the same skills that one cost-conscious company used to generate $11.5 million in claims recovery and cost avoidance.
The risks associated with employee compensation and benefits programs are multitudinous and can be mission-threatening, as the options backdating scandal revealed. A new report examines the exposures and maps an integrated approach to mitigating them.
Fraud is endemic at every stage of the international supply chain, and it's on the upswing. Don't overestimate the power of your controls, and make
sure you keep vendors on a short leash.