Auditnet.org
Created with internal auditors in mind, this site gives you access to worksheets on a large number of processes, links to sites discussing a variety of other topics and more.
Automating External and Internal Financial Reporting
This article discusses the methods and advantages of automating the financial reporting process in order to meet the constantly growing demand for financial information, particularly in the “eXtensible Business Reporting Language” of the US Securities and Exchange Commission, which is becoming the world standard.
Best practices in target costing
To illustrate each of the core concepts of target costing, this article presents four case analyses of companies that successfully use this technique.
Disciplinarians’ Dilemma
Research and development are often major sources of costs in businesses, regardless of whether we’re talking about the funds involved or their strategic importance. This article explains the role that the CFO can play to limit these costs in hard economic periods, without slowing innovation or compromising growth potential.
Ethical Financial Reporting
A still very topical subject, this article discusses the importance of ethics in the disclosure of financial information.
Financing the Chain
This article shows just how much the management of supply chain financing in companies is lagging behind physical supply management. In addition to presenting real cases, the author explains how this new management approach is developing with interesting statistics.
Focused Management
Focused Management features several articles of interest on activity-based management (ABM). You are required, however, to provide contact information to access them.
Innovation: Making Inspiration Routine
How can innovation become a key factor for growth in small businesses? This article explains how to develop an innovation-based strategy and shows how the managers of a fictitious business go about implementing it.
La dynamique de la guerre des prix (Dynamics of price wars)
This article explains the mechanism of price wars, from the simplest cases (useful in understanding the underlying game theory) to the most realistic and current ones, such as how the oil market works. This is an article that any manager facing intense price competition will want to read.
New Product Development Solutions
This text explains in detail how to apply the target costing concept when a new product is launched. Aided by helpful diagrams and charts, the explanations are clear and direct. The author compares conventional cost management with target costing. He also shows the links with value analysis for better management of product creation by prior identification of activities without added value.
Phantom Stock and Stock Appreciation Rights (SARs)
This short and very interesting text defines phantom stock and explains its advantages and disadvantages for a company and its employees. It offers a clear and simple discussion of the strategic and tax issues associated with this form of compensation.
Sarbanes-Oxley : informatiser pour réduire les coûts de mise en conformité
Once you realize that the costs associated with Sarbanes-Oxley certification, and as a result for Bill 198 compliance, are so large that some companies are even considering delisting their stocks, it is easy to understand the importance of computerizing and documenting key financial processes, in order to minimize their impact on the company.
Should Internal Audit Report to the CFO?
This article basically considers the position that an internal audit function should hold. According to Moody’s, internal audit functions should not report to their company’s CFO but rather its CEO. The article also mentions the best practices noted by the firm based on interviews with more than 400 experts.
The Art Of Acquiring Capital
This article explains the tools entrepreneurs can use to acquire the funding they need to launch or help their business grow.
The Art of Cash Management
This text discusses various strategies that can be used to optimize cash management.
The Finance Transformation
This blog, written by a financial expert, offers thoughts about transforming the finance function and how that impacts various elements, from budgets and remuneration methods to forecasts.
The softer side of controls: a people-focused approach to controls doesn't mean the organization is going easy on risks
For auditors, human behavior is difficult to control with processes that have measurable results. The author looks at what he calls “soft controls,” such as codes of ethics that help reinforce the desired behaviors, and the way the auditor implements and uses them.
U.S. Securities and Exchange Commission
On this site, you can consult all the regulations relating to the American financial market, including the Sarbanes-Oxley Act.