Virtual accounts: technology to help banks exceed customer expectations
by CTMfile
Tieto’s white paper explores the opportunities
Operations
Background
The large majority of the work in a corporate treasury department is administration, transaction processing and non-discretionary decision making. This absorbs most of the time and resources in the department as the chart below shows. Balance of Time and Resources Employed in the Corporate Treasury Department… Read more about Operations
Is treasury destined to be outsourced in future?
by CTMfile
One former corporate treasurer with a strong background working in IT believes that technology is strategically changing how treasury departments work. Is the end game total outsourcing?
15 years on, SOX costs still rising for US-based corporates
by CTMfile
It's been 15 years since Sarbanes-Oxley was signed into legislation but the requirements process continues to evolve and compliance costs have risen. So how are US-based companies coping?
Is your company ready for FASB revenue recognition standard?
by CTMfile
Are you ready for the Financial Accounting Standards Board’s (FASB's) new revenue recognition standard? If they answer is yes, you're in the minority
Do lower corporate tax rates mean economic growth?
by CTMfile
ERC research shows that although the rate of UK corporate tax has decreased significantly in the past decade, the overall amount of corporation tax actually paid has remained stable
4 skills that will set you on the path to leadership success
by CTMfile
Academic research by the Wharton School suggests there are four basic skills common to the most successful CEOs and company executives. How many of the four skills do you have?
How much will GDPR cost your company?
by CTMfile
Whichever way you look at it, GDPR will cost your company an eye-watering sum: FTSE 100 companies could pay up to £5 billion a year in fines, while compliance does not come cheap
Yes, treasury is more vital than ever to company strategy
by CTMfile
Confirmation comes from the latest corporate treasury survey by the AFP, which found that four out of five treasurers say they now play a more strategic role in their organisations
IFRS 17 for insurance contracts: a global standard
by CTMfile
Last week the IASB issues IFRS 17 – the first truly international and comprehensive IFRS Standard for insurance contracts – which will come into force in 2021 although companies can apply it earlier
FASB Update 2016-01: the update that has got corporate execs worried
by CTMfile
This is an update to FASB standards that primarily affects companies that hold financial assets or owe financial liabilities. It will apply from 15 December 2017 but corporates have concerns
Future of work and how disruptive technologies could = 5.1m jobs lost in 2015-2020
by CTMfile
How can you avoid being a casualty of the digitisation tsunami? Carole Berndt emerges from her career break to focus on Future of Work and automation’s impact on corporate banking and other areas
Margin requirements for uncleared derivatives: what does treasury need to know?
by CTMfile
EMIR aims to reduce systemic risks related to OTC derivatives markets and, from February this year, some corporates with OTC derivatives on their books have to have them cleared
Why shareholder value is a problem for long-term financial health
by CTMfile
Would your financial division be able to allocate resources more efficiently and with a more strategic, long-term view, if you didn't have to worry about creating value for shareholders?
Tech & market trends changing how corporates use SSCs
by CTMfile
The way companies are using shared service centres is changing rapidly, influenced by technology and a changing marketplace, according to a survey by Deloitte
Would collaborative corporate treasury work? Is it really practical?
by CTMfile
Extensive collaborative logistics is coming to consumer goods business, why not to the corporate treasury department as well?
IFRS guide: useful overview of progress towards global standards
by CTMfile
The IFRS Foundation has published the 2017 edition of its Pocket Guide to IFRS Standards, with updated information on the progress towards global standards for accounting rules and practices
Is Trump’s tax reform in sync with global corporate tax agenda?
by CTMfile
Last week, US president Trump set out his plans for a drastic cut in the corporate tax rate from 35 per cent to 15 per cent. But the US isn't alone in seeking to push through lower corporate tax rates
Would you get an “A” for service from your corporate treasury department users?
by CTMfile
Wells Fargo Treasury Insights newsletter raises key questions about how services and processes are provided. Simplicity and effortless experiences are the key
GDPR: a year away but 86% of companies worried about compliance
by CTMfile
By May 2018, companies will have spent an average of €1.3 million ($1.4 million) on systems and training to comply with the General Data Protection Regulation
IFRS 9 explained: loan-loss risks will be more visible
by CTMfile
A video by the International Accounting Standards Boards (IASB) explains the background to IFRS 9’s new loan loss accounting requirement and how it contributes to financial stability
Trade policy is major concern for global executives
by CTMfile
In a global survey of economic conditions in March 2017, McKinsey found that executives are more bullish about the global economy now than they were in 2016
UK’s new Criminal Finances Bill will increase focus on corporate compliance
by CTMfile
The Criminal Finances Bill will create two new corporate offences of failing to prevent the facilitation of tax evasion. Companies will need to put prevention procedures in place and increase compliance
Would you offer cash to win business? 1/3 of corporate employees would
by CTMfile
77% of business leaders would justify unethical behaviour to help business survive – so how can you tackle corrupt practices? Here are 5 ways to instil ethical behaviour throughout your company
Is your company missing the potential value from financial audit?
by CTMfile
Business leaders are missing out on potential value from financial audits, which can provide insights, identify inefficiencies or risks and help inform corporate best practice