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Desde CCES

Desde Deloitte University Press

Higher Education

Pathways to the university presidency The future of higher education leadership The dynamics of higher education in America are driving the demand for a new set of skills and capabilities for tomorrow’s leaders. There is no prototype of a college president going forward. As many current college presidents reach the final years of their tenure, the search process for successors must consider candidates from non-traditional backgrounds to meet the needs of modern education. A few effective strategies for search committees include: Develop training and leadership development opportunities for college presidents Gain a better understanding of the role of the president in today’s world Build relationships with various stakeholders both on- and off-campus Read the full report to learn how the role of the college president is being transformed, the reasons behind these changes, and the future implications for universities.

Desde HBR

Don’t Let Feeling Like an Imposter Hold You Back

We’ve all had that feeling of being a poser, being unworthy, or being unqualified to do something we’ve been tasked to do. But the fact that everyone occasionally suffers from impostor syndrome (even CEOs) doesn’t make it any easier to handle. Next time you feel like you’re in over your head, try these three things:

• Recognize the benefits of being a novice. There are positives to being new in your field. When you’re not steeped in the conventional wisdom of a given profession or industry, you can ask questions that haven’t been asked before or approach problems in ways others haven’t thought of.
• Adopt a learning mindset. Focus more on what you’re learning than on how you’re performing. Don’t beat yourself up for making mistakes. Appreciate that your limitations and missteps are helping you develop.
• Know that you’re not alone. If you’re feeling like an impostor, chances are that others in your situation feel the exact same way. Or, as Tina Fey once quipped, “I’ve realized that almost everyone is a fraud, so I try not to feel too bad about it.”

Adapted from “Everyone Suffers from Impostor Syndrome — Here’s How to Handle It,” by Andy Molinsky

Desde Investopedia

TERM OF THE DAY

Index An index is an indicator or measure of something, and in finance, it typically refers to a statistical measure of change in a securities market. In the case of financial markets, stock and bond market indices consist of a hypothetical portfolio of securities representing a particular market or a segment of it. (You cannot invest directly in an index.) The S&P 500 and the US Aggregate Bond Index are common benchmarks for the American stock and bond markets, respectively. In reference to mortgages, it refers to a benchmark interest rate created by a third party. Term Of The Day Selected By Louis Kokernak Principal Haven Financial Advisors Austin, TX www.havenfinancial.com

Breaking it Down: Each index related to the stock and bond markets has its own calculation methodology. In most cases, the relative change of an index is more important than... Read More

Desde IFRS Conference Alert

IFRS Foundation^® Conference: Amsterdam

 

Thursday 29 and Friday 30 June 2017, Hotel Okura Amsterdam, the Netherlands

Book by Friday 28 April and save up to €400

This is your chance to hear directly from those responsible for setting IFRS Standards. Members of the International Accounting Standards Board and technical staff, together with Europe's financial reporting community, will update you on the future of financial reporting and major IFRS projects.

The agenda for the conference is evolving all the time. We have added a new workshop – Introducing IFRS 17 Insurance Contracts – and numerous new speakers, including:

• Ian Bishop, Group Finance - Head of Accounting, Consolidation & External Reporting, Roche
• Herman Bots, Head of Fundamental Equities, APG Asset Management
• Roxana Damianov, Team Leader of the Corporate Reporting Team, ESMA
• Thomas Egan, IAWG Accounting Technical Expert, IATA
• Gerben Everts, Member, Executive Board, The Netherlands Authority for the Financial Markets (AFM)
• Véronique Hijl, Head of Department, De Nederlandsche Bank
• Richard Howitt, CEO, International Integrated Reporting Council (IIRC)
• Leo van der Tas, Global Leader - IFRS Services, Global Professional Practice, EY 
• Hans van der Veen, Senior Manager, IFRS Services Team, EY

There are now four pre-conference workshops to choose from:

• Investor-focused workshop and update
• Foundation of IFRS 9, 15, and 16
• Better Communication in Financial Reporting
• Introducing IFRS 17 Insurance Contracts

And eight break-out sessions:

• Primary Financial Statements
• Conceptual Framework
• Introduction to electronic reporting and the IFRS Taxonomy
• Financial instruments with characteristics of equity
• Implementing IFRS 9 Financial Instruments: Key considerations for financial institutions and others
• Post-implementation review of IFRS 13 Fair Value Measurement
• Implementing IFRS 15 Revenue from Contracts with Customers
• Implementing IFRS 16 Leases

View the latest agenda and speaker line-up now for more information about the key topics covered at the conference.
There are three easy ways to register—register online, email registration@ifrs-conference.org or call +44 (0)20 7017 5509.

Please quote event code FKW53429IFRSEM2.

Kind regards,

IFRS Foundation’s Education Initiative

(The conference is managed under contract by IIR Ltd (UK) for the IFRS Foundation)

Desde CPA Insider

7 steps to planning a successful not-for-profit audit

By Tim McCutcheon, CPA

Communication and scheduling can help keep things on track.

Investigación

Desde Investopedia

TERM OF THE DAY

Competitive Advantage Competitive advantages are conditions that allow a company or country to produce a good or service at a lower price or in a more desirable fashion for customers. These conditions allow the productive entity to generate more sales or superior margins than its competition. Competitive advantages are attributed to a variety of factors, including cost structure, brand, quality of product offerings, distribution network, intellectual property and customer support.

Breaking it Down: Competitive advantages provide an edge over rivals and an ability to generate greater value for a firm and its shareholders. The more sustainable the competitive advantage, the more difficult it is for... Read More

Desde HBR

Beware of Bias in Emerging-Market Data

We want to believe that data is an objective, critical input for strategic planning and operations. But any data can be biased, leading executives to make misguided investment decisions and putting a company’s reputation and jobs at risk. This problem is exacerbated in emerging markets. For example, organizations tend to use local governments’ historical data, which may reflect whatever agenda the government has. While developed markets have stronger institutions that can challenge government estimates, this often is not the case in emerging markets, leaving data more susceptible to political interference. Don’t blindly trust data, even when it comes from a reputable source. Make sure that the data has been collected by sources with no interest in dressing up the numbers. Find out whether the figures were reviewed by analysts with in-depth market knowledge. And always question any potential motivations behind the numbers.

Adapted from “The Dos and Don’ts of Working with Emerging-Market Data,” by Anna Rosenberg and Lauren Goodwin

Investigación

Desde PwC El Salvador

Desde HBR

Simple Ways to Be More Considerate to Your Colleagues

No one wants to be told they’re a selfish jerk at work — and being thought of one could hold you back in your career. But if you are inconsiderate, chances are it’s not because you’re mean; it may be because you’re not paying attention or you’ve invested too little time in becoming aware of others’ goals and opinions. Become more conscious and you’ll become more considerate. Start by paying more attention to body language: Maintain eye contact. Watch your coworkers’ faces for signals of emotion. And be curious about what others think. Don’t be overly focused on proving your point. You’ll get to that. Instead, come up with questions of sincere curiosity that will help you understand why others think what they think. When you see things from another person’s perspective, you’ll often find surprising points of agreement.

Adapted from “Almost All Managers Have at Least One Career-Limiting Habit,” by Joseph Grenny

Desde Investopedia

TERM OF THE DAY

Mutual Fund A mutual fund is an investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Mutual funds are operated by money managers, who invest the fund's capital and attempt to produce capital gains and income for the fund's investors. A mutual fund's portfolio is structured and maintained to match the investment objectives stated in its prospectus.

Breaking it Down: One of the main advantages of mutual funds is they give small investors access to professionally managed, diversified portfolios of equities, bonds and other... Read More

Desde Economipedia

6 tendencias en la nueva generación de finanzas

La transformación digital también ha llegado a un sector tan tradicional como son las finanzas. Pagar con el móvil, las bitcoin, las fintech, el big data o la financiación alternativa (crowdfunding, crowdlending…) son un hecho que están cambiando los hábitos de los clientes y consumidores de productos financieros.

Leer más.

Desde Economipedia

Productividad La productividad es una medida económica que calcula cuántos bienes y servicios se han producido por cada factor utilizado (trabajador, capital, tiempo, costes, etc) durante un periodo determinado. Por ejemplo, cuanto produce al mes un trabajador o cuánto produce una maquinaria. Leer más.

Economía Blanca   El concepto de economía blanca hace referencia a la economía creada por los jóvenes emprendedores de Startups y negocios digitales. Leer más.

Tipo de cambio El tipo de cambio o tasa de cambio es la relación entre el valor de una divisa y otra, es decir, nos indica cuantas monedas de una divisa se necesitan para obtener una unidad de otra. Por ejemplo, para obtener un euro necesito entregar 1,0827 dólares.  Leer más.

Investigación

Tipos de investigaciones

A través del tiempo las corrientes de pensamiento han presentado variantes constantemente, pasando del empirismo, el materialismo dialéctico, el positivismo, la fenomenología, el estructuralismo y diversos marcos interpretativos, como la etnografía y el constructivismo, que han originado diferentes rutas de búsqueda del conocimiento. Sin embargo, y debido a las diferentes premisas que las sustentan, desde el siglo pasado tales corrientes se han centrado en dos corrientes: el enfoque cuantitativo y el enfoque cualitativo de la investigación.

Una investigación puede ser de varios tipos, y en la búsqueda del conocimiento, los lectores, podrán encontrar una serie de autores que han tratado de clasificarla de distintas maneras, sin llegar a un consenso, para efectos de divulgación en el BLOG se abordará desde el nivel de la investigación, el diseño y el enfoque, aclarando que para facilitar su comprensión se estudiaran  de manera individual pero que una investigación puede contener características de dos o más tipos de investigación. Como se mencionó anteriormente, según la complejidad de los fenómenos estudiados, por lo general, para abordarlos es necesario aplicar no uno sino una mezcla de diferentes tipos de investigación. De hecho es común hallar investigaciones que son simultáneamente descriptivas y transversales, por solo mencionar un caso.

La selección del tipo de investigación determinará los pasos a seguir del estudio, sus técnicas y métodos que puedan emplear en el mismo. En general determina todo el enfoque de la investigación, es un paso importante en la metodología, influyendo en instrumentos, y hasta la manera de cómo se analiza los datos recolectados.

Desde HBR

Help Your Team Through Times of Crisis

National tragedies — mass shootings, hurricanes, suicide bombers — affect us all. A leader sets the emotional tone and the example both in good times and, perhaps more important, in bad. As a manager, how do you help people deal with their feelings during times of crisis?

• Don’t repress your emotions. Research shows that doing so is not good for you physically or mentally. And while we may want to leave feelings of sadness, pain, confusion, and anger at the office door, we simply can’t. It’s OK to talk about feelings at work, especially in tough times.
• Create psychological safety. Ask people how they are doing and what they think about what happened. Encourage them to talk about what’s on their minds.
• Resolve to do good. Horrific acts can undermine our sense of good. Use the event as a springboard for your team to do something positive in your organization or your community.

Adapted from “Being a Good Boss in Dark Times,” by Jennifer Porter

Desde Inform News uk PWC

Accounting and corporate reporting
External guidance
ESMA publishes report on compliance of IFRS within the EU in 2016
This report provides an overview of the activities of the European Securities and Markets Authority (ESMA) and the accounting enforcers in the European Economic Area (EEA). European enforcers examined the interim and/or annual financial statements of more than 1,200 issuers. The examinations resulted in 311 actions taken to address material departures from IFRS. As in 2015, the main deficiencies were identified in the areas of financial statements presentation, impairment of non-financial assets, and accounting for financial instruments.

PwC guidance
Want to know what IFRS 9 means for Corporates? Watch PwC explain why it will impact you - PwC video
IFRS 9 will impact all corporates.

Our video series…

‘Demystifying IFRS 9 for Corporates’ highlights the top issues corporates need to address and gives practical tips on implementation including the welcomed hedging model.

Demystifying IFRS 9 Impairment 12 - transition - PwC video
PwC’s IFRS 9 and banking specialists, Sandra Thompson and Gareth Davies explain the complexities of transitioning to the new IFRS 9 expected credit loss requirements in this short video: Demystifying IFRS 9 Impairment 12 - Transition. They share practical insights on first time adoption of IFRS 9, including the challenge of obtaining historical credit risk information.

Other news
IFRS news - April 2017
The April 2017 issue includes the following articles:

• Article 50 triggers uncertainty in income taxes
• Demystifying IFRS 9—ECL model 2
• Leases lab—IFRS 16
• Demystifying IFRS 9 for Corporates
• The IFRS 15 Mole
• Cannon Street Press
  • Primary Financial Statement
  • Conceptual Framework for Financial Reporting
  • FICE
• Bit at the Back
• IFRIC Rejections Supplement- IAS 32

Desde ISCP