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CFOs Failing Their Boards In Fraud, Risk Management

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More than a third (36 percent) of survey respondents said fraud monitoring and risk mitigation are the areas in which CFOs are most falling short. That’s followed closely by performance risk management and strategic/operational risk management, each cited by 32 percent of survey respondents as areas in which CFOs fail to deliver.

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Treasury Is Becoming More Strategic — And Treasurers Know It

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New research from the Association for Financial Professionals (AFP) released Monday (May 22) found 80 percent of corporate treasurers agree the role has become more strategic in the last three years. The same amount of survey respondents also said the role of the treasury department will continue to devolve and become even more strategic.

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Treasurers Understand — But Aren’t Living Up To — Rising CFO Expectations

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Separate analysis from the Association for Financial Professionals (AFP), also released last year, further emphasized the shifting role of treasury, with 80 percent of treasurers surveyed agreeing that the position is playing a more strategic role than it did three years ago — and will continue to do so moving forward.

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Tracking Treasurers’ Progress In Handling Greater Corporate Responsibilities

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In their Strategic Role of Treasury Survey , the AFP and Marsh & McLennan identified the forces pressing companies to shift the treasury department into a more strategic position. Capital allocation, financial risk management, and treasury and payment technologies are also key areas of focus, researchers found.

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New Digital Taxes Loom On Tech Firms In Europe

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To that end, in France a number of media enterprises — ranging from the APIG press alliance, which represents dozens of national and regional papers, to AFP and the union of magazine editors — have filed complaints with EU regulators over copyright laws. Beyond Taxes, a Copyright Controversy.

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Corporate Treasurers, Treading Carefully Amid Regulatory Landmines

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Dodd-Frank, for example, deals with financial institutions and the people who use them; Basel III deals with risk management; the money market reform centers on finding conservative holdings and credit ratings. Regulatory frameworks for the above mandates are never one-size-fits-all. two years ago to 3.2

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Payments Acceleration Shifts The Risks For Buyers And Suppliers

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Research from Atradius released in 2016 found that risks down the supply chain are 75 percent higher than they were pre-financial crisis. The risk for us is if the customer is not happy with the product and wants to return it, but if the supplier has gone bankrupt, we have to accept the return and give the money back,” he explained.

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