BusinessFinanceLink

Issue #302  


BusinessFinanceLink provides news, trend information, research and commentary on a range of subjects related to the financial management of organizations in today's era of increased governance and financial transparency — subjects such as Sarbanes-Oxley, IT management from a financial perspective, credit trends, financial reporting, M&A, audit committees and more. To ensure delivery to your inbox, please add email.bfmag.com to your address book or whitelist.




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- Today's Alerts -

COBRA on Steroids
Employers are raising concerns about a specific COBRA provision in the economic stimulus bill that would make companies responsible for extending health insurance to former employees age 55 and older or who worked for the company for at least a decade. For more read Laurie Brannen's Brannen in Brief blog at The Big Fat Finance Blog.

Slots of Risk: A Look at Harrah's Risk-Auditing Practices
This case study examines how Harrah's audit department aced a major merger, made auditing analytics pay off, and dealt with "The Keno Problem."

Netflix CEO: Please Raise My Taxes
Netflix CEO Reed Hastings wants President Obama to increase the taxes paid by executives of publicly traded companies. For more read John Cummings' BizTaxBuzz blog at The Big Fat Finance Blog.

Managing Supply Chains for Effectiveness
Why should finance departments care about supply chain performance management? Simple: Better cash flow and reduced risk. Here's what to do about it.

April 13th: XBRL D-Day
At the end of January, the SEC posted the final rule mandating XBRL for public companies. Is this a good thing? It depends on whether or not you're going to take advantage of it. What is certain is that for publicly held companies, the SEC is expecting XBRL reports starting April 13. For more read Alan Radding's wiredFINANCE blog at The Big Fat Finance Blog.

Regulatory Strategy 2009: What to Watch Right Now
Will the SEC be abolished, merged, or left as-is? Will IFRS adoption be delayed? What other regulatory issues will affect GRC workloads? Here are four issues to monitor in the coming weeks: SEC Chair Mary Schapiro's appointments, the FASB and IASB's work on accounting standards convergence, the Congressional committees that oversee the SEC and the CFTC, and other regulations, specifically Say On Pay and Card Check. For more read Eric Krell's Full Disclosure blog at The Big Fat Finance Blog.

Introducing The Big Fat Finance Blog
Now more than ever, finance professionals are specializing in multiple disciplines, each demanding new levels of knowledge and business insight. To better meet this demand for more specialized knowledge, Business Finance introduces The Big Fat Finance Blog, where finance professionals can now join the conversation and engage our bloggers and editors in multiple disciplines. To join the conversation visit us at www.bigfatfinanceblog.com.

A Structured Dialogue: Planning and Budgeting
Many companies are immature when it comes to aligning budgets and plans. Ventana Research suggests structured communication covering concrete goals and realistic constraints. Read "Make Planning More Strategic" in the BPM Resource Center.

GRC Survey - Chance to Win a $100 Gift Card!
Economic woes, gyrating commodity prices, rising fraud ... the pressures on governance, risk and compliance programs are mounting. How are companies coping? By participating in our quick survey, you can help your peers keep tabs on the ever-changing GRC landscape. The results will be presented in aggregate in an upcoming issue of Business Finance. You will also have the opportunity to enter into a drawing for one of two $100 Visa gift cards.

BPM Summit 2008: Now Available On-Demand
The 6th Annual BPM Summit, Generating Value Through Visibility, brought together some of the business world's foremost practitioners to explore the transformational role of finance in the enterprise. If you missed the live event, you can still enjoy unlimited access to the audio and slide shows from the keynote speaker presentations at our on-demand archive.

- Today's Diverts -

Maryland Comptroller Urges E-filing in YouTube Spoof
Maryland's comptroller Peter Franchot encouraged state residents to pay their taxes online in the YouTube video "Real Taxpayers of Genius," a spoof of a famous series of Bud Light commercials. "Bringing humor to the otherwise stressful topic of doing taxes is one way we hope to grab people's attention," Franchot said in a release. See the video here.

Runners Wolf Down Doughnuts Mid-Race
Many people run to lose weight, but in the Krispy Kreme Challenge, which raises money for North Carolina Children's Hospital, participants consume far more calories than they burn. The runners race two miles to a Krispy Kreme shop, eat a dozen glazed doughnuts, and then run the two miles back. This year's winner, Cameron Dorn, said, "It's awesome -- gross -- little bit gross, but awesome."

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Archived Webcasts

Beyond the Hype 2009 -- An Unbiased Look at Performance Management Vendors and Trends

From GAAP to IFRS -- Are you ready?

Beyond the Panic: A CFO's Guide to Sustaining Performance




Video


BPM at Risk: An Interview with BPM Partners CEO Craig Schiff


Helping CFOs Apply Brand Measures: An Interview with Mich Bergesen of Landor Associates


Lenovo's Finance Transformation: An Interview with Dennis Culin, Lenovo's director of finance transformation





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