Social Compliance and Human Rights - A Lawyers Perspective
October 30, 2013 by Howard Dorman
"Until now most companies’ engagement with human rights responsibilities has been through voluntary codes and initiatives. However, over the past several years we are seeing a creep factor of regulation including the Dodd Frank Act as it relates to conflict minerals as well as the California Transparency Act dealing with issues in the supply chain. While voluntary initiatives still have a role to play they cannot be a substitute for global standards on business’s obligation to respect the human rights of individuals. The definition of insanity is doing the same thing over and over and over again and expecting different results – it is time to do something different!"
Other Recent WeiserMazars Articles
WeiserMazars’ Stephen Brecher Talks About The Progress Of The Good Bank Initiative
October 16, 2013
By Rob Starr, Content Manager, Big4.com
“One of the things that was almost unanimous coming out of the panel was that we’ve had financial crises before and we’re going to continue to have them…”
WeiserMazars recently co-hosted The Good Bank Debate* at New York University School of Law and Center for Financial Institutions’ Greenberg Lounge as part of The Good Bank Initiative where the firm’s Stephen Brecher is ambassador. The debate was part of an ongoing process exploring the elements that make a socially engaged bank a good business.
Can Banks be Good?
June 20, 2013 by Bridget Day
Can banks be "good?" Can a financial institution appropriately balance its fundamental role for the economy, its social conscience, goals of servicing clients and optimizing profits for its shareholders? For the Good Bank to demonstrate corporate social responsibility, it must to consider the environmental sustainability of its actions and that of its clients.
Prepare for the Next Real Estate Bubble
May 20, 2013
The most recent real estate bubble burst under the weight of a market saturated with overpriced properties and subprime mortgages. Unfortunately, this bubble likely won't be the last. When real estate values again spike to unsustainable levels, will your clients be prepared?
A Healthy Living
May 6, 2013
With the re-election of President Obama, it is clear the U.S. government will continue to support the healthcare initiatives he introduced during his first term. This means more than 20 million people will be eligible for access to government-subsidized healthcare.
WeiserMazars' Stephen Brecher talks with Big4.com about The Good Bank Initiative
March 28, 2013
WeiserMazars' Stephen Brecher recently talked with Big4.com about the origins of The Good Bank, the five month program that will stimulate a global debate around what makes a socially engaged bank a good enterprise.
Helping Clients Make the Leap to Exporting
March 15, 2013 by Timothy A. Burley
There are many important reasons for a business to export, among those are increasing and diversifying sales, expanding markets, spreading risk, taking on foreign competition on their turf, ensuring global adaptability of products and services, and extending product life cycles by entering less-developed markets.
CPAs and Employee Expatriation
March 15, 2013 by Anne-Mélaine Daly-Schveitzer
Along with exporting goods and services, expatriating employees is a key element of success in developing a business abroad, and CPAs can help clients of all sizes handle such transactions. Whether it is to enhance a presence in foreign markets or for the development of a workforce, companies can drive significant value by having a mobile workforce.
The Appeal of Asset-Based Lending in Europe
March 13, 2013 by David Rooney and Gary Litvak
Debt financing, using asset-based lending, is familiar to corporations in the United States, where the product is already well-established. However, in the UK and the rest of Europe, it is often seen as the preserve of small businesses or as a last resort for larger firms.
Investing in Finance Pays Off
January 1, 2013 by Michael Flagiello and Lou Brothers
Survey results strongly indicate that investments in financial infrastructure are directly correlated to improvements in profitability. Therefore, with the goal of improving ROC, finance executives should seek to wisely invest allocated infrastructure spending by focusing on projects that support growth in revenue.
Strengthening the US Banking Regulation for Foreign Banks
December 31, 2012 by WeiserMazars LLP
The Federal Reserve is proposing new regulation for foreign banks with significant US operations in an attempt to “level the playing field” between US and internationally domiciled banks. The proposed rules are now open for comment through March 31, 2013.
Measuring Environmental Sustainability
June 18, 2012 by Sam McClemont
Due to increasing environmental demands, businesses around the world are facing difficult sustainability discussions. This article addresses how companies should measure environmental sustainability and what role accountants might play in the process.
Priorities Today, Priorities Tomorrow - Monitoring ERM
March 29, 2012 by Alex Unterkoefler, Michael Flagiello and Daniel Jones
February’s survey question asked CFOs to indicate their company’s priorities for managing Enterprise Risk Management (ERM) challenges today and within the next two years. To view the results from this survey, please see our full article here.
The Gap Between Ideal and Actual Closing Periods
March 28, 2012 by Alex Unterkoefler, Michael Flagiello and Daniel Jones
For the 70% of CFOs that struggle to close the gap between ideal and actual, the biggest culprit remains an extremely heavy reliance on manual processes and spread sheets, followed by a lack of functionality in core data systems.
New Foreign Asset Report Standards Starting to Kick In
March 7, 2012 by Jill Misener
Under the new IRS Form 8938, individual tax-payers will be required to report certain foreign accounts and assets. Beginning with the 2011 income tax return, the penalty for failing to file can range from $10,000 to $60,000.
Is My Organization Addicted to Excel?
February 23, 2012 by Michael Flagiello and David Hurst
Many organizations underfund financial technology infrastructure development. They rely heavily on inefficient software, especially Microsoft Excel, creating opportunities for improvement. So how much Excel is too much?
FASB impact on investment property entities
February 6, 2012 by Michael Lamantia and Brian Nam
In October 2011, the Financial Accounting Standards Board (FASB) issued an investment property entity (IPE) update that requires IPEs to report their real estate investments at fair value. Read more about the details of this change here.
WeiserMazars LLP Insights - Changes to Accounting for Leases
January 19, 2012
As a result of a joint project between The Financial Accounting Standards Board and the International Accounting Standards Board, each Board has issued exposure drafts which propose substantial changes to the accounting for leases.
A Perfect Paradox - The Implementation of Outsourcing
January 16, 2012 by Alex Unterkoefler, Daniel Jones and Michael Flagiello
When asked if they are considering outsourcing or shared services as a near future strategy, our survey's CFOs reported that 50% of them will not outsource and 50% will. Read more about the reasons behind this perfect paradox here.
What Do Boards and CFOs Really Need From Each Other in 2012?
January 11, 2012 by Michael Flagiello and Alex Unterkoefler
The volatility of the 2012 economy requires greater innovation from CFOs. However, these CFOs lack the resources needed to effectively analyze their businesses. Read for more on how boards and CFOs can work together to benefit entire companies.
Where Does Your Company Rank with Regards to Finance Department Effectiveness?
October 14, 2011 by Michael Flagiello
WeiserMazars surveyed the leaders of top insurance firms to gain insight into industry practices regarding operational efficiency, regulatory preparedness, and the position of finance within the overall organization.