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Top 7 Trends in Management Accounting
By Gary Cokins, CPIM
As management accounting shifts to an era of predictive analytics, new trends are accompanying the change. In Part 1 of a two-part series, IMA Executive-in-Residence Gary Cokins details three of the top seven trends he’s identified: the expansion from product to channel and customer profitability analysis, management accounting’s expanding role with enterprise performance management, and the shift to predictive accounting.
Think Like an Owner!
By Sally Alexander West, CMA, CPA
The finance function of any organization, large or small, shouldn’t be an island unto itself. The best finance leaders rise through the ranks by thinking just as an owner would: focusing on the customer, being persistent, taking a long-term strategic view, accepting responsibility, and sharing the vision. Following these practices gives finance leaders the authority and confidence to help lead their company.
Small Company CFOs: Strategic Partners or Scorekeepers?
By John E. Eber; Pamela M. Schwer, CMA; and Hamid Mohammadi, CPA
Interviews of CFOs and their CEO/owner from small, privately held companies reveal the wide variety of roles CFOs are being asked to assume in today’s business environment. A critical and evolving set of responsibilities is emerging, with CFOs operating as strategic partners on a number of levels within the organization, from trusted collaborators to organizational change agents.
Staying Demand Driven
By Debra Smith, CPA, and Chad Smith
The final installment of a three-part series about supply chain management focuses on bringing the Demand Driven model to an organization and using smart metrics to operate and sustain that model. Here the emphasis is on encouraging everyone on the management team to think systemically. The new operational model demands rules, tactics, tools, and metrics that align with flow-centric, not cost-centric, strategies.
A Commitment to Continuous Learning
Tracing and Ordering Home Equity Debt
Social Networking at Work Is a Major Risk with Large Costs
The Benefits of Employees Who Never Stop Learning
• SEC Chair Pushes for Disclosure Relief
• XBRL Relief Proposed for Some Companies
• SEC Releases Whistleblower Report
• Sharing Your IMA Life
• Books: Does Accounting Need a Revolution?
Adjusting Yearly Formulas
The Future of Access
XBRL and the Audit Data Standards
TOOLS OF THE TRADE
iPad Mini with Retina Display, Waterfield Cargo Bag, Adonit Jot Script Stylus, Calvin and Hobbes e-Book Series
A Case for Incrementalism