Fraud is continuing to impact organizations. Both internal and external fraud schemes are becoming more costly, hurting companies’ bottom lines and reputations. The cost of fraud investigations is also increasing. Most global organizations surveyed for the latest Kroll Global Fraud…
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ACH payments continue to be a popular choice with your peers for electronic payments, and traffic continues to increase on the ACH network. The ongoing COVID-19 pandemic has been one of the major drivers for increasing ACH activity. Over two-thirds…
Many of your peers at publicly traded companies are mulling over best practices for reporting purchases of climate-friendly credits to build their environmental, social and governance (ESG) portfolio. If the proposed Securities and Exchange Commission's (SEC) ESG disclosure requirements become…
Beginning with the 2022 benefit plan year, there are some changes your Benefits people need to be aware of for filing Form 5500, Annual Return/Report of Employee Benefit Plan, and Form 5500–SF, Short Form Annual Return/Report of Small Employee Benefit…
It isn't just your Finance department that's feeling the urge to get more digital. There's also a new wave of banking industry digital transformation that's gaining momentum. Valuable new technologies and digital services may soon be adopted by more financial…
You may want to remind your supervisors how important it is to be compliant with the Family and Medical Leave Act (FMLA) when dealing with absent employees. Two companies recently received an expensive reminder of this from the Dept. of…
Heads up: IRS has announced that interest rates will rise yet again in the third quarter of the year. The new rates are listed in Rev. Ruling 2022-11. Effective July 1, 2022, the new interest rates will be: 4% for…
Because of how sophisticated cybercriminals have become, to protect your company's money and data, it may be wise to make risk assessments of your vendors' security protocols. This is especially true for new business relationships you may have entered because…
If your company has been thinking about creating a leave donation program to help the victims of Russia's invasion of Ukraine, the IRS has just approved it. In Notice 2022-28, the IRS issued guidelines for employers wishing to adopt a…
Just like many of your peers, Goldman Sachs felt like it had to do something big to retain top Finance talent. In its case, it was offering unlimited PTO for senior employees, and adding two days off each year for…
The team members in each of your organization’s departments probably follow a set of standard operating procedures for their most essential processes. It's second nature to them, but not for employees outside that department. So what would happen if there…
Diversity, equity and inclusion should be an important part of your hiring strategy at your company, and in Finance as well. Making the effort to be inclusive can draw in more talented new hires and help you grow your client…
