FINANCE AND ACCOUNTING
Audit Watchdog Group Warns About Starbucks
Research firm Audit Integrity issued a negative report to investors and auditing firms about Starbucks Corp.
http://www.webcpa.com/news/Audit-Watchdog-Group-Warns-Starbucks-50486-1.html?zkPrintable=true
IFRS and Your Tax Practice
International Financial Reporting Standards are coming, and tax advisers need to understand the implications for their clients.
http://www.aicpa.org/pubs/taxadv/may2009/dccurrents.pdf
What next? Ten questions for CFOs
As companies shift their attention from fighting the crisis to getting the most from the recovery, CFOs must keep them focused.
http://www.mckinseyquarterly.com/Corporate_Finance/Capital_Management/What_next_ten_questions_for_CFOs_2360
FRAUD PREVENTION AND DETECTION
The Reasons Fraud Spikes in a Recession
As sure as growth slides and employment numbers tumble, so cases of fraud rise during recessions. This time is no different.
http://www.time.com/time/business/article/0,8599,1899798,00.html
Companies Worried About Anti-Bribery Laws
75% of executives in a recent survey by Deloitte reported increased concern over violating anti-bribery laws such as the FCPA.
http://www.webcpa.com/news/Companies-Worried-Anti-Bribery-Laws-50495-1.html?zkPrintable=true
CAQ Offers Pointers for Integrated Audits of Internal Control
The Center for Audit Quality (CAQ) issued a report highlighting lessons learned from section 404 audits and identifies 21 practical tips.
http://www.journalofaccountancy.com/Web/PointersforAuditsofInternalControl.htm
GLOBAL ECONOMY
The Economist Intelligence Unit – Global Outlook May 2009
The global economy will probably stop deteriorating, but a return to healthy growth remains a distant prospect.
http://graphics.eiu.com/upload/eb/Global_economic_forecast.pdf
Economic Sentiment Cautiously Optimistic: AICPA Survey
Pessimism about the U.S. economy eased in the Second Quarter, according to a new survey conducted by the AICPA.
http://www.aicpa.org/download/news/2009/ECONOMIC_SENTIMENT_TURNS_CAUTIOUSLY_OPTIMISTIC.pdf
The Financial Meltdown's Unhappy Anniversary
The global credit-market meltdown was triggered on June 12, 2007, with the collapse of two Bear Stearns mortgage hedge funds.
http://money.cnn.com/2009/05/15/news/economy/bear.stearns.fortune/index.htm?postversion=2009051512
Risk and regulation: A new era for capitalism
After close to 30 years of light-touch regulation, globalisation and free-markets, many suggest that capitalism itself is entering a new phase.
http://www.eiu.com/site_info.asp?info_name=risk_and_regulation&page=noads&rf=0
MEXICO AND LATIN AMERICA
The Other Mexico: A Wave of investment
Corporations continue pouring billions of dollars in foreign direct investment in this country. Who says Mexico is a failed state?
http://www.nuricumbo.com/files/The_Other_Mexico.pdf
Mexican Data Show Migration to U.S. in Decline
Census data indicate an extraordinary decline in the number of Mexican immigrants going to the United States.
http://www.nytimes.com/2009/05/15/us/15immig.html?_r=1
OTHER MANAGEMENT TOPICS
Sex Sells. Here's Why We Buy
That iPhone in your pocket? That's for sex. As is pretty much everything you've ever bought, from your car to your T shirt.
http://www.time.com/time/health/article/0,8599,1900032,00.html
Confucius' Three Keys To Successful Leadership
Here are three ultimate lessons that business people can derive from Confucius. If anything has ever stood the test of time, they have.
http://www.forbes.com/2009/05/21/confucius-tips-wisdom-leadership-managing-philosophy.html
Test your Knowledge about Technology
CPAs could use this tool to gauge how technology-savvy they really are and pinpoint areas of improvement.
http://www.journalofaccountancy.com/Issues/2009/Jun/20091632.htm
RECOMMENDATIONS
The Horizon Institute
World-class Language School in Montreal, Canada.
http://www.horizoninstitute.ca/en/index.php
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