The Talent Crisis in Accounting & Finance: Part 2

Mary Driscoll's picture

Here is part two of the May 13 interview between Elissa Tucker and Mary Driscoll, APQC’s financial management senior research fellow, on her perspectives on the state of entry-level management accounting and finance talent.

The Talent Crisis in Accounting & Finance

Elissa Tucker's picture

Today, I interviewed my colleague Mary Driscoll, APQC’s financial management senior research fellow, to get her perspectives on the state of entry-level management accounting and finance talent. APQC and IMA® (Institute of Management Accountants) recently completed a survey on this topic. Mary and I partnered on this research and I’ve been eager to get her take on the results.

Why Should You Still Care About COSO 2013?

Mary Driscoll's picture

I was recently able to speak with Jim DeLoach, a managing director at Protiviti, about how the implemention of the updated Committee of Sponsoring Organizations (COSO) Internal Control – Integrated Framework (Framework) during 2014 has been an important endeavor for many public companies in their efforts to comply with Section 404 of the Sarbanes-Oxley Act of 2002 (SOX).

Jim and his colleague, Keith Kawashima, also a managing director, will be speaking on our free webinar on April 22 at 11:00 a.m. CDT: COSO 2013 - Why Should You Still Care?

6 Things Smart CFOs Are Repairing in Financial Planning and Analysis (Infographic)

Elizabeth Kaigh's picture

APQC has just released a report containing new research on financial planning and analysis (FP&A). Data shows that while some organizations have stellar FP&A processes, we should expect to see CFOs building more effective FP&A capabilities that include advanced analytical techniques; new approaches to target setting; and fresh looks at FP&A design, tools, and talent.

Is Your FP&A Team Struggling? Here’s Why and How to Fix Things

Mary Driscoll's picture

APQC’s Financial Management research team is finishing up a study on advanced techniques in financial planning and analysis (FP&A). The following are some highlights and insights into what we’ve found so far. If you are interested in learning more about this topic, join me on Wednesday, March 25 at 11:00 a.m. CDT for March Financial Management Webinar: FP&A: Aspiring to Influence Performance to hear the results of extensive research on why FP&A teams struggle, and what best practices can be building blocks to improve performance and business strategy. 

Are You Ready For New FASB and IASB Finance Rules?

Mary Driscoll's picture

The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have issued their long-awaited converged standard on revenue recognition. The rule governs how and when revenues can be recognized in different industries. In essence, the new rule will do away with current industry-specific accounting practices and instead apply a single set of principles to all revenue transactions.

Why Is Indirect Procure-to-Pay Such a Struggle?

Elizabeth Kaigh's picture

APQC is currently conducting a study that focuses on indirect procurement. This research will provide insight into what benefits can be obtained by modernizing aspects of the procure-to-pay process and explore cross-functional collaboration and alignment between accounts payable and procurement. Through this study, we will determine:

Better Financial Management Process for Shared Services Starts With GPO

Mary Driscoll's picture

I was recently able to talk to Susie West, founder and CEO of sharedserviceslink.com, about role of Global Process Owner (GPO) at large multi-national companies, the challenges the face, and how they are charged with improving financial management processes.

Susie West will be speaking on our free webinar on January 28 at 11 AM CST: Global Process Ownership in Shared Services – Nine Steps to Best Practice.

How Great Risk Management Will Help Oil and Gas Companies Survive $50 Oil

Elizabeth Kaigh's picture

I, like many, have benefited from low oil prices in the last several months. Last week I filled up my car with gas in Dallas, Texas for $1.75 per gallon; I didn’t know whether to take these rates as a happy surprise or a sign of the apocalypse. I then wondered how oil and gas companies are coping with falling gas prices and whether any of them are using this confluence of realized risks—surplus supplies, political impasses, increasingly energy-efficient technologies, and geopolitical strategizing, to name a few—to further their business strategies.

Fixed Asset Accounting: A Primer

Elizabeth Kaigh's picture

As many of our members know, a company that cannot get a handle on fixed asset accounting—a fundamental, meat-and-potatoes aspect of financial management—can raise a lot of eyebrows. Investors want to see that a company can get the basics right.

In this video, Mary Driscoll gives a primer on fixed asset accounting by answering the following questions: