In an increasingly demanding working environment, CFOs may find themselves trying to perfect core financial activities and finding a way to elevate finance to a strategic level. Among the challenges are:

The term ‘business competency’ denotes a range of broadly business or commercial-oriented skills. ‘Technical competency’ encompasses accounting and IT skills. There is not a total divide between business competency and technical competency. Change management and risk management skills for example both represent an ‘intermediate’ competency.

Retail Pro International is pleased to announce the release of the following Maintenance Pack for Retail Pro 9.2 r4 - Version 9.20.723.198

This new release provides connectivity to SAP and legacy applications.

Retail Pro is pleased to announce the release of the following Maintenance Packs for Retail Pro 9.2, versions R4 and R5.

• Retail Pro 9.2 R4 GA - Version 9.20.722.183
• Retail Pro 9.2 R5 GA - Version 9.20.760.178

In battle, strategic ambiguity can sometimes lead to disastrous results. At Gettysburg, for example, on the first day of the epic US Civil War battle, General Robert E. Lee ordered General Richard Ewell to take Cemetery Hill “if practicable.”

As chartered management accountants, CIMA members throughout the world have a duty to observe the highest standards of conduct and integrity, and to uphold the good standing and reputation of the profession.

In planning and budgeting, numbers do not always represent a complete or accurate picture. As a budget rolls up, small errors can snowball into major miscalculations, which ultimately have to be explained to senior managers or, even worse, investors.