Articles tagged with:
accounting

  • Old fashioned alarm clock bouncing off the floor as the alarm goes off

    Are you ready for IFRS 9?

    New rules that will transform the accounting of financial instruments will go live next year. Are you prepared?

  • Skyscrapers in Moscow

    Supplier-centric SCF

    Implementing a supply chain finance programme has enabled Russia’s X5 Retail Group to better support its suppliers and streamline its own internal processes. Here, Tanya Kuznetsova, Head of Banking Products at X5 tells their story.

  • Man lost in hedge maze

    New derivatives accounting rules “challenging”

    The new FRS 102 rules on derivatives accounting are far from intuitive. Careful consideration is required for compliance says expert.

  • Person using old an wooden abacus to calculate

    You don’t know what half your assets are worth

    Traditional accounting methods of valuation and recognition of intangible assets are such that many companies around the world have little or no idea of their true value. The negative impact this has on risk management, tax and lending decisions, to name but a few, should not be underestimated.

  • Hands of men and women connecting colourful gears into working mechanism

    Treasurers taking key role in IPO

    Treasurers about to go through an IPO take note: you will have a significant role to play as reporting under IFRS demands closer attention to your financial instruments. Treasury Today talks to Ernst & Young Global about the impact of going public.

  • Different sized rocks balancing on 2 rocks

    IFRS 16: $2.8trn of operating leases must move on balance sheet

    With the removal of the distinction between financial and operating leases as IFRS 16 comes into force, more than $2.8trn of assets globally is set to come on balance sheet for IFRS and US GAAP reporting firms. Treasurers should pay attention.

  • Magnifying glass resting on an open book

    The financial detectives

    The role of the forensic accountant is rather like that of the detective: piecing together small threads of detail from disparate sources to build up as full a picture of an event as possible. Treasury Today talks to an experienced practitioner.

  • Closeup of a yellow and black snail

    Spreadsheet setbacks: you’re not alone

    Try as they might, treasurers may never be able to totally dispense with the slow, manual and error prone application that is the spreadsheet. But rather than simply blaming software applications for data errors, should we be giving more serious thought to how we can improve the way we use them?

  • Three golden eggs in a nest

    Pension for sale, several thousand careful owners

    The risk of pension liabilities can be removed from the balance sheet with an insurance sector buyout, but an accurate valuation can be very difficult to achieve. A new platform aimed at making the process easier for corporates and insurance companies looking to enter into a buyout has just been launched.

  • Black and white chess pieces

    Getting to grips with reconciliation

    The pressure is on for corporate treasurers to do more with less. Straight-through reconciliation is something which can help to free up time for treasury teams whilst simultaneously bringing about vast improvements in the efficiency of the working capital cycle. But before we can begin to think of ways to improve a process, it might be helpful to first reacquaint ourselves with the basics. In this article, we look at what the reconciliation process is, why it is important to treasurers, and what companies can do to optimise the exercise.