Articles tagged with:

  • Business chart summary and equipment

    Are you ready to report?

    From next month, UK businesses will be legally required to report on their payment practices. Treasury Today takes a closer look at what the Duty to Report on Payment Practices and Performance Regulation means for businesses.

  • Blurred runners running on the road

    BEPS: corporates urged to “pick up the pace”

    Corporates are making progress in adjusting to the new rules demanded by the OECD’s base erosion and profit shifting plan, also known as BEPS. However, in some countries, treasurers and tax executives still have a long distance to travel.

  • 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.

  • 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.

  • Gavel and legal book on wooden table

    Investors drive new IAS Cash Flow disclosure rules

    New rules set to come into force for annual periods commencing on or after 1st January 2017 as part of an amendment to IAS 7 will require companies to provide more information about changes in their financing liabilities.

  • Kukri knife weapons

    A double-edged sword

    Much has been written about the ‘unintended consequences’ of regulation and our Editorial this month looks at the problem of over-regulation. Yet little has been said about the benefits. Can key regulatory reforms really bring anything positive to the treasury environment? On that topic, the response from treasury experts, it seems, is rather mixed.

  • Group of small chinese lanterns

    Are you ready for China’s GAAR?

    In late 2014, China’s State Administration for Taxation released a host of measures seeking to clarify its General Anti-Avoidance Rule (GAAR). With the new measures now live, are you fully aware of the changes and their potential impact on cross-border activity?

  • Problem Solved: 
    Ms. Rong Li, China Shipping Container Lines

    After going through a period of rapid expansion, China Shipping Container Lines (CSCL) wanted to optimise management of working capital and liquidity. With help from Citi, the treasury team at CSCL were able to improve the visibility of cash balances and transform the treasury function into a highly automated, efficient department.

  • Venus fly trap

    The data trap

    Huge fines and damaged reputations could become commonplace in the next few years unless banks pay more attention to the way they tackle financial crime. Big Data and analytical tools have a key role to play, says one stakeholder.

  • someone filing a folder in a filing cabinet

    Close to the edge: improving period-end processes (part two)

    The financial close process can be marred by a lack of documentation and too many manual processes. Not only is this inefficient and costly but it can also impact on a company’s ability to make accurate strategic business decisions. Automation may be the answer.