CohnReznick CEO Frank Longobardi believes there is a major shift happening in the accounting world—one where firms like his are making the shift from the role of service provider to trusted advisor.
The economy’s resurgence has CEOs swimming in cash. The Great Recession changed how they’re spending it.
Success builds on success, and your positive results will become much more predictable if you focus on these three rhythms.
With all that President Trump has on his plate, is it logical to expect a speedy repeal of Dodd-Frank?
Innovation thought leaders and industry experts emphatically harp that if you want to stay afloat (and ultimately thrive) in today’s hyper-competitive business environment, innovation is not optional—it’s absolutely imperative for survival and success. Your customers demand it; and if you can’t innovate, your competitors will consistently outflank and outperform you.
While markets reacted to China’s recent decision to devalue its currency, and as stocks swooned, the Chinese government announced that the nation’s pension funds had been approved to invest in stocks for the first time in history. Such milestones—along with plummeting oil prices and fiscal woes in emerging markets—add layers of complexity to the issues faced by plan sponsors. Now more than ever, it is time for CEOs to have strategic discussions with their CFOs about pension risk management and what steps they should take, not only in the face of market upheaval, but also in light of some new data that adds further dimension.
Thanks to more stringent monitoring and regulation of corporate financial statements, there’s been a dramatic rise in the number of American companies adding a “chief accounting officer” to the C-suite. The purpose of the CAO is to assist the CFO in all aspects of accounting and regulatory compliance.