2010 Top Challenges for Financial Executives

Financial Executives International has written a report listing the top challenges it sees for financial executives next year. Among them are:

• Economic recovery and the U.S. economic outlook.
• Health care reform.
• Employee benefits.
• Financial regulatory reform.
• Global convergence of U.S. GAAP and International Financial Reporting Standards.
• Business taxation. President Obama’s fiscal 2010 budget submission calls for reform of the U.S. tax rules relating to foreign source business income and for repeal of the last-in, first-out accounting method.

Be sure to keep your clients informed about these and other issues. Your clients are looking for proactive advice from your firm!