Wednesday, December 23, 2009

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!

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