(c) American Institute of Certified Public Accountants. Contact AICPA for permission to reproduce this article., Business Management

The rise of the gig economy finance professional

By Tim Cooper Companies are embracing a new finance staffing model, which mixes full-time employees with consultants, interims, and temporary workers to meet modern challenges such as digital transformation, according to Robert Half International’s 2019 US Salary Guide. The result is a boom in the market for finance professionals willing to take on specialist or… Read More The rise of the gig economy finance professional

(c) American Institute of Certified Public Accountants. Contact AICPA for permission to reproduce this article., Finance Function

Boosting the strategic value of your data

Finance departments need to think through their use of data for maximum impact. By Andrea Chipman The advent of big data over the past two decades, along with the broader data revolution, has, in theory, made it easier than ever for corporate finance chiefs to support their financial and business strategies and decision-making processes with… Read More Boosting the strategic value of your data

(c) American Institute of Certified Public Accountants. Contact AICPA for permission to reproduce this article., Health

Bringing value to healthcare using cost accounting

The UK’s National Health Service uses data to seek better patient outcomes while maximising efficiency. By Rebecca McCaffry One hundred years after the founding of CIMA as the Institute of Cost and Works Accountants, the principles and practices used by cost accounting professionals at the UK’s National Health Service are very similar to those used… Read More Bringing value to healthcare using cost accounting

(c) American Institute of Certified Public Accountants. Contact AICPA for permission to reproduce this article., Business Management

Architecture that builds value

Done well, it can pay off with more than just customers. By Amanda Abrams When the giant German conglomerate thyssenkrupp needed a new tower to test its lifts technology, the company originally planned to go the simple route, with an industrial, utilitarian design. It made financial sense: After all, the buildings used to test lifts’… Read More Architecture that builds value

(c) American Institute of Certified Public Accountants. Contact AICPA for permission to reproduce this article., Mergers & Acquisitions

Key considerations for cross-border M&A planning

By Scott Whitaker and Andrew Scola Financial, legal, social, and political factors play particularly important roles in cross-border transactions. Every merger and acquisition is different, and the integration of each deal faces different challenges. Financial, legal, social, and political factors need to be considered in all deals but may be more important in a cross-border… Read More Key considerations for cross-border M&A planning

(c) American Institute of Certified Public Accountants. Contact AICPA for permission to reproduce this article., Information Technology

Solve problems with linear programming and Excel

By Clarence Goh, Ph.D. Management accountants tasked with figuring out the way to make the most of limited resources can employ a form of mathematical optimisation to determine the best approach. A management accountant’s knowledge of relevant revenues and costs is important for many decisions, among them capital budgeting, outsourcing, special orders, product mix, and the… Read More Solve problems with linear programming and Excel