GAA Accounting

The Journal of the Global Accounting Alliance

CFO

17/06/2016
by GAA Accounting
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Leading the start-up way

By Jemelyn Yadao

Despite the risk, some finance chiefs would rather roll their sleeves up at a start-up instead of working at a brandname corporation. Jemelyn Yadao looks at the ambiguous yet crucial role of a CFO at an early-stage company.

Victor Tan’s career has been a lengthy journey of learning and progression with a few stopovers at large international companies, including a Big Four. However, earlier this month, he stopped in his tracks and went back to the start. Continue Reading →

Paypal

17/06/2016
by GAA Accounting
Comments Off on The land of milk and honey — and startups

The land of milk and honey — and startups

By David Malamed

With teams made up of veteran intelligence corps, Israeli anti-fraud startups are providing inspiration and assistance to companies worldwide.

When PayPal Holdings Inc., the US-based digital payment service, wanted to create an elite team to combat fraud, it turned to people whose background made them perfectly suited to the task.

“The company’s battle against fraud is led by a team of 100 Israelis, mostly veterans of the Israel Defense Forces’ intelligence corps who work at the firm’s Tel Aviv development center,” according to haaretz.com. Continue Reading →

Success

17/06/2016
by GAA Accounting
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Risking failure in order to succeed

By Allon Raiz

The relationship between success and failure is paradoxical – you need to risk failure in order to be successful.

Samuel Smith – not his real name – and I met at an entrepreneurial conference about ten years ago. We’ve kept in touch ever since, each following the other’s business. He’s had some truly unique ideas over the years and his business has been very successful, hence I like to refer to him as Successful Sam. Continue Reading →

Corporate governance

17/06/2016
by GAA Accounting
Comments Off on Bringing board performance into focus

Bringing board performance into focus

Justin Moran explains why private sector boards need a sharper focus if they are to perform optimally in the best interest of the company.

The benefits of effective governance for private sector companies includes more strategic thinking, improved decision making processes, proactive risk management and, ultimately, leveraging investment and capital at more competitive rates. Yet many private sector companies, which are not subject to regulation, operate outside any mandatory governance codes and are typically reliant upon a smaller governance structure to help direct and control the activities of the company. Continue Reading →

the-lost-boys

17/06/2016
by GAA Accounting
Comments Off on Book review: The Lost Boys: Inside football’s slave trade by Ed Hawkins

Book review: The Lost Boys: Inside football’s slave trade by Ed Hawkins

Susan Smith

In his new book, acclaimed sports writer Ed Hawkins sheds light on the moral corrosion and exploitation that characterize the recruitment process in professional soccer.

Allegations of top-level managerial corruption are nothing new in the world of international soccer, which has been in the news as the target of high-profile investigations and indictments by the US Justice Department.

Now comes The Lost Boys, a riveting exposé by award-winning sports writer Ed Hawkins. Hawkins, who lives in France, looks beyond the world of bagmen and bribes, going deep into the heart of the player recruitment process, which affects barefoot boys and leads to a landfill of broken dreams. Continue Reading →

Cultural diversity

17/06/2016
by GAA Accounting
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Embracing the cultural mosaic

By Sydney Loney

Is your team culturally diverse and inclusive? Here’s why it should be.

Many organizations cite diversity as one of their core values and gloss over issues of inclusiveness as someone else’s problem, but just pop by their offices around lunchtime and what you see might tell a different story. “In day-to-day interactions, people still tend to congregate with people who look like them,” says Wendy Cukier, vice-president of research and innovation at Ryerson University in Toronto, and founder of The Rotman School of Management’s Diversity Institute. “They’re not deliberately trying to exclude others, they’re just following behavioural patterns they’re probably not even aware of. Who you did — and didn’t — have lunch with will tell you a lot.” Continue Reading →