Innovation in the Financial Services Industry

Andrea Stroud's picture

APQC recently spoke with Mick Simonelli, innovation consultant and former senior executive who built USAA's Innovation Program, and Mike Fitzgerald, innovation leader and senior analyst with Celent, about innovation trends for banks, insurers, and securities firms. They also outlined how these organizations can improve innovation capability.

Is ERP Complexity Killing Your Growth Strategy?

Mary Driscoll's picture

2015 is shaping up to be one of the heaviest deal-making years to date. The first quarter of 2015 was the strongest opening three-month period for worldwide mergers and acquisitions since 2007. What’s behind this uptick in M&A activity? The economy isn’t in recession but it isn’t booming either. Organic growth is a tall order in this environment, so companies are looking to grow through M&A.

Is the Finance Career Path Losing Its Shine?

Mary Driscoll's picture

Elissa Tucker, my APQC colleague, and I recently gave a presentation to a webinar audience organized by www.proformative.com. Our topic: APQC research suggests that that there is a shrinking pipeline of entry-level finance and accounting talent—and too many senior finance leaders don’t recognize this as a potential crisis. Not only is there a lack of awareness, there is a lack of knowledge about practical interventions that could be deployed now to mitigate the negative consequences that loom over the horizon.

Payment Behavior by Big Companies Could Damage Economy

Mary Driscoll's picture

APQC is conducting research on why big companies are squeezing their small suppliers by paying invoices later and later. Nick Araco, CEO and Co-founder of The CFO Alliance, a private community of finance leaders, told APQC that small and medium-sized CFOs “are getting frustrated. They are being backed into a corner.”  

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.