A recent survey released by Accountempts shows that 51 percent of CFOs state that employee use of social media during business hours is their number one concern. Indeed, with social media costing the United States economy over $500 billion in lost productivity each year, it’s no wonder that CFOs and employers want to know exactly [...]
One of the most difficult tasks for any CFO is managing financial risk at a corporation. Oftentimes, some of the greatest opportunities offering the best rewards come from investments that also have the greatest amount of risk. It’s the typical problem of risk versus reward. In 2007 and 2008, we saw what happens when financial [...]
Uncertainty, uncertainty and uncertainty. Difficult to define and near on impossible to measure, uncertainty is a real problem in today’s business environment. Judging by recent global events, should we be surprised?
Following the market and the financial system closely is something CFOs do on a regular basis. With global and local economies still recovering from the 2008 downturn, CFOs are in a tough position. No one likes uncertainty in any area of life, especially when it comes to finances. CFOs definitely don’t like to deal with [...]
Although the global economy is said to be on the road to recovery now, the last financial depression has left a deep impression and even deeper lessons to learn. One of these lessons involves the understanding of foreign exchange risk and the importance of mitigating and managing that risk.