As a financial professional you need to understand these concepts. IFRS certainly as far as US accounting professionals are concerned ought today to be attempting to grasp and understand these concepts. Process flow-mapping requiring process reengineering will need to be developed ASAP! Internal control methodologies will have to be revisited and whether under US Sox 404 or other national versions the trigger points will change and continually change. Corporate Sox 404 exemptions are today being considered by Congress, small Cap stocks or higher? But, as a professional do you manage by Congressional direction or by what makes fiduciary sense to control and manage the enterprise. How can a CFO not support full internal control methodologies regardless of a mandated compliance ruling! Exemptions ought to do no more than eliminate certain audit and other costs but the underlying IC structure remains solidly in place. All concepts of risk measurements, a constant WIP will need thorough documentation, detailing the corporate perspective on measuring risk and where within each entity those risks are higher or lower than the corporate guidelines or benchmarks.
The holiday season is filled with frenzy and excitement for businesses and consumers alike. Consumers prepare gift lists, compare brands and prices, and begin shopping with a vigor that is not present most other times of the year. For many businesses, the holiday season accounts for a large profit bump at the end of each year, and companies strive to exceed their goals and keep customers happy during this rush late in the year. more
There are a lot of possible reasons you might want to switch to a new phone system. The old one might cost too much or be too troublesome to operate and maintain. It might not be flexible enough. It might not be reliable enough. Or it just might not have the kinds of features and capabilities that you need in today’s competitive business climate. more