Listing of AFP News Articleshttp://www.afponline.org/ArticleRss.ashxSat, 25 May 2013 18:13:53 -0400Sat, 25 May 2013 18:13:53 -0400This month, we review the 2013 AFP Compensation Survey. Treasury and finance professionals experienced a healthy pay increase last year, with those at the executive level receiving the biggest boost. Also this month, we bring you our exclusive coverage of the recent CTC Corporate Treasurers Forum in New York. Much of the discussion at the forum centered around the development and retention of talent in treasury, as well as new areas treasury is expanding into. Also, CFO Coach Cindy Kraft discusses the new methods that organizations are using to find the right candidates, and more.http://www.afponline.org/mbr/reg/res/reg_news/May_2013_Futures_in_Finance.htmlThu, 23 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/May_2013_Futures_in_Finance.htmlHackers sponsored by the Chinese government are back after three months of silence. Although they are more interested in stealing state secrets than corporate cash, treasury risk managers should still be concerned.  http://www.afponline.org/mbr/reg/res/reg_news/AFP_Fraudwatch__China-Backed_Group_Hacking_Corporates_Again.htmlThu, 23 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/AFP_Fraudwatch__China-Backed_Group_Hacking_Corporates_Again.htmlBrice Hill, VP Finance at Intel and for five years its chief of FP&A, offers a personal look at financial planning and analysis based on his recent presentation, "Advice I Wish I Received in 2004."http://www.afponline.org/mbr/reg/res/reg_news/Intel_Exec__How_to_Succeed_in_FP_A_%E2%80%93_What_You_Need_to_Know.htmlThu, 23 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Intel_Exec__How_to_Succeed_in_FP_A_%E2%80%93_What_You_Need_to_Know.htmlAttendees at last week's CTC Treasury Management Forum agreed that for treasurers to progress in their careers, it is essential that they gain a broad range of experience outside the treasury group.http://www.afponline.org/mbr/reg/res/reg_news/Finance_Pros_Need_Broad_Experience_to_Advance,_Employers_Say.htmlWed, 22 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Finance_Pros_Need_Broad_Experience_to_Advance,_Employers_Say.htmlTreasury and finance professionals enjoyed healthy pay raises last year, according to the 2013 AFP Compensation Survey. Of the three job tiers referenced in the report - executive, management and staff level - the executive level saw the biggest boost.http://www.afponline.org/pub/res/news/2013_Comp_Survey__Finance_Pros_See_Healthy_Salary_Increase.htmlWed, 22 May 2013 00:00:00 -0400http://www.afponline.org/pub/res/news/2013_Comp_Survey__Finance_Pros_See_Healthy_Salary_Increase.htmlFive years after the 2008 financial crisis placed treasurers in the board room with senior management for the first time, many say they are back on the outside looking in.  http://www.afponline.org/mbr/reg/res/reg_news/Treasury%E2%80%99s_Expanded_Role__Many_Still_Seek_Seat_at_the_Table.htmlTue, 21 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Treasury%E2%80%99s_Expanded_Role__Many_Still_Seek_Seat_at_the_Table.htmlLast week at the CTC Corporate Treasurers Forum a question arose: Should treasurers lead the enterprise risk management function instead of the internal audit group? Not surprisingly, a spirited debate followed.http://www.afponline.org/mbr/reg/res/reg_news/Should_Treasury_Lead_ERM__Practitioners_Weigh_Pros_and_Cons.htmlMon, 20 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Should_Treasury_Lead_ERM__Practitioners_Weigh_Pros_and_Cons.html AFP EconWatch - May 20, 2013 Staff Writers 2013-05-20 The first three months of 2013 were not kind to the manufacturing sector and, according to a report released by the Federal Reserve last week, neither was April. Read the newsletter. Subscribe to EconWatch and other AFP Newslehttp://www.afponline.org/pub/res/news/AFP_EconWatch_-_May_20,_2013.htmlMon, 20 May 2013 00:00:00 -0400http://www.afponline.org/pub/res/news/AFP_EconWatch_-_May_20,_2013.htmlEuropean treasurers are poised to save a substantial amount of money on cross-border credit card transactions for their companies now that Visa Europe has announced it is reducing interbank fees for these payments. http://www.afponline.org/mbr/reg/res/reg_news/Treasurers_to_Benefit_as_Visa_Europe_Cuts_Cross-Border_Fees.htmlFri, 17 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Treasurers_to_Benefit_as_Visa_Europe_Cuts_Cross-Border_Fees.htmlThe SEC held a roundtable May 14 to discuss a new system wherein an independent board would randomly assign initial ratings to nationally recognized statistical rating organizations (NRSROs). Needless to say, the concept generated many opinions. http://www.afponline.org/pub/res/news/Members_of_Congress_Urge_SEC_to_Act_on_Rating_Agency_Reform.htmlThu, 16 May 2013 00:00:00 -0400http://www.afponline.org/pub/res/news/Members_of_Congress_Urge_SEC_to_Act_on_Rating_Agency_Reform.htmlAdopting electronic payments is essential for corporates, but one study uncovered substantial obstacles that treasurers must surmount to ensure a successful implementation.http://www.afponline.org/mbr/reg/res/reg_news/Study__Top_Hurdles_Keeping_Treasury_from_Adopting_E-Payments.htmlWed, 15 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Study__Top_Hurdles_Keeping_Treasury_from_Adopting_E-Payments.htmlWith payments fraud running rampant, a recent AFP webinar held by a treasury executive provided especially timely advice. Effective internal controls include exception processing, activity specific accounts and more.  http://www.afponline.org/mbr/reg/res/reg_news/AFP_Fraudwatch__Essential_Controls_for_Treasury,_Finance.htmlTue, 14 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/AFP_Fraudwatch__Essential_Controls_for_Treasury,_Finance.htmlFollowing the $1.1 billion acquisition of Norit N.V., Cabot's debt balance grew from $600 million to $1.4 billion. Cabot’s treasury team was mandated with reviewing the capital structure and establishing ways to optimize interest expense by rebalancing the company’s fixed versus variable debt.http://www.afponline.org/mbr/reg/res/reg_news/Case_Study__Implementing_an_A2/P2_CP_Program.htmlTue, 14 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Case_Study__Implementing_an_A2/P2_CP_Program.htmlPayments vendors will claim they are PCI compliant. But smart treasury and finance professionals shouldn't take their word for it. http://www.afponline.org/mbr/reg/res/reg_news/6_Tips_Treasurers_Can_Use_to_Reduce_Payment_Vendor_Risk.htmlTue, 14 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/6_Tips_Treasurers_Can_Use_to_Reduce_Payment_Vendor_Risk.htmlCorporate treasurers are highly skeptical about the merits of money-market funds switching to a floating net asset value. The general consensus among attendees at a recent roundtable was that Rule 2a-7 appears headed for an overhaul that is likely to include a floating NAV.http://www.afponline.org/mbr/reg/res/reg_news/Corporate_Treasurers_Wary_of_Floating_NAV.htmlTue, 14 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Corporate_Treasurers_Wary_of_Floating_NAV.htmlAlthough the recent AFP Corporate Cash Indicators™ suggests that corporate treasurers have become more willing to spend some of their excess cash, many do not anticipate a large uptick in spending on capital investments for some time. Treasurers at a recent roundtable in New York co-hosted by BlackRock and the AFP Corporate Treasurers Council indicated they are still very hesitant to take on more risk and spend more money.http://www.afponline.org/mbr/reg/res/reg_news/Murky_Outlook__Treasurers_Not_Taking_on_Risk.htmlMon, 13 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Murky_Outlook__Treasurers_Not_Taking_on_Risk.htmlThe world—at least here in the USA—has been up, up, and away since the release of the employment report back on May 3. Every day seems to bring new highs to the stock market, and the news in both the housing and employment worlds seems to be getting stronger with each data release.http://www.afponline.org/mbr/reg/res/reg_news/This_Week_in_Corporate_Finance__A_Bright_Future_.htmlMon, 13 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/This_Week_in_Corporate_Finance__A_Bright_Future_.htmlThe number of job openings remained near a post-recession high during March, but little momentum was seen in the Bureau of Labor Statistics report.http://www.afponline.org/pub/res/news/AFP_EconWatch_-_May_13,_2013.htmlMon, 13 May 2013 00:00:00 -0400http://www.afponline.org/pub/res/news/AFP_EconWatch_-_May_13,_2013.htmlTreasury and finance professionals were heartened to hear Canadian Finance Minister Jim Flaherty address the stalled global economy, calling for a mixture of foreign investment and deficit reduction measures.http://www.afponline.org/mbr/reg/res/reg_news/Flaherty__Canada_a_Model_for_Economic_Growth.htmlSun, 12 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Flaherty__Canada_a_Model_for_Economic_Growth.htmlEMV migration is coming to the U.S., and retailers need to be prepared. At the recent NACHA Payments conference in San Diego, AFP spoke with retail treasurers and other industry experts on the challenges they are likely to face when implementing this new card payment standard.http://www.afponline.org/pub/res/news/Retail_Treasurers_Discuss_EMV_Adoption.htmlSat, 11 May 2013 00:00:00 -0400http://www.afponline.org/pub/res/news/Retail_Treasurers_Discuss_EMV_Adoption.htmlYou are most marketable as a passive job candidate. Here are three recommendations for using LinkedIn Recruiter, a stealth hiring tool that specifically targets passive candidates.http://www.afponline.org/mbr/reg/res/reg_news/CFO_Coach__How_Companies_Are_Finding_Passive_Job_Candidates.htmlFri, 10 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/CFO_Coach__How_Companies_Are_Finding_Passive_Job_Candidates.htmlCommentators around the world have weighed in on Margaret Thatcher’s recent passing and the leadership traits of the first 20th Century female prime minister of a European country. Many experts question how Thatcher’s style of leadership would play in politics or business today.http://www.afponline.org/mbr/reg/res/reg_news/Bottom_Line__Leadership_Requires_Occasionally_Turning.htmlFri, 10 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Bottom_Line__Leadership_Requires_Occasionally_Turning.htmlBuyers everywhere face pressure to deliver cost savings for their organizations. The problem is that too many eyes become focused on stated vendor cost rather than Total Cost of Ownership (TCO).http://www.afponline.org/mbr/reg/res/reg_news/FP_A__Calculating_the_Total_Cost_of_Ownership.htmlFri, 10 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/FP_A__Calculating_the_Total_Cost_of_Ownership.htmlRisk! Newsletter is a monthly publication that brings you the latest in the full array of risk topics including enterprise risk, operation risk, technology risk, reputation risk, insurance risk, and much more. Look for best practices, advice on the latest technology, profiles of those challenged by unique risk situations, and the latest news.http://www.afponline.org/pub/res/news/May_2013_Risk_Newsletter.htmlThu, 09 May 2013 00:00:00 -0400http://www.afponline.org/pub/res/news/May_2013_Risk_Newsletter.htmlWhen Canadian Finance Minister Jim Flaherty appointed Export Development Canada CEO Stephen Poloz as the new Governor of the Bank of Canada last week, it was a signal to treasurers that the Canadian government intends to focus on expanding foreign trade.http://www.afponline.org/mbr/reg/res/reg_news/Corporate_Treasurers_Laud_New_BoC_Governor%E2%80%99s_Vast_Experience.htmlTue, 07 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Corporate_Treasurers_Laud_New_BoC_Governor%E2%80%99s_Vast_Experience.htmlThe FSOC unanimously approved its third annual report recently, underscoring several systemic threats facing the financial system of interest to treasurers, including market runs, cyberattack vulnerabilities, interest-rate reform and overreliance on intraday credit extensions. http://www.afponline.org/pub/res/news/Treasurers_Take_Note__FSOC_Refining_Focus.htmlTue, 07 May 2013 00:00:00 -0400http://www.afponline.org/pub/res/news/Treasurers_Take_Note__FSOC_Refining_Focus.htmlMany mid-sized companies are reluctant to switch to SaaS. The Doe Run Company decided to switch anyway -- here's why.http://www.afponline.org/mbr/reg/res/reg_news/Case_Study__FP_A_Group_Overcomes_Hurdles_in_Switch_to_SaaS.htmlMon, 06 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/Case_Study__FP_A_Group_Overcomes_Hurdles_in_Switch_to_SaaS.htmlNot only did the U.S. economy add more jobs in April than expected, the pace of job creation during February and March was far faster than previously thought.http://www.afponline.org/pub/res/news/AFP_EconWatch__May_6,_2013.htmlMon, 06 May 2013 00:00:00 -0400http://www.afponline.org/pub/res/news/AFP_EconWatch__May_6,_2013.htmlThis week, the recent decrease in fraud incidents might be an indication that fraud is evolving, and moving to a new payments channel. Also, what do recent cybersecurity initiatives by the government mean for corporates?http://www.afponline.org/mbr/reg/res/reg_news/AFP_Fraudwatch__New_Payment_Channels_Threaten_Corporate_Cash.htmlThu, 02 May 2013 00:00:00 -0400http://www.afponline.org/mbr/reg/res/reg_news/AFP_Fraudwatch__New_Payment_Channels_Threaten_Corporate_Cash.htmlThe May issue of FP&A Newsletter looks at advanced spreadsheet functions, switching to SaaS, a case study from Microsoft, and more.http://www.afponline.org/pub/res/news/May_2013_FP_A_Newsletter.htmlThu, 02 May 2013 00:00:00 -0400http://www.afponline.org/pub/res/news/May_2013_FP_A_Newsletter.html