FEI Weekly

March 3, 2017

CFOs not spending enough time on strategic activities, what Trump can learn from Reagan on tax reform, and 5 new revenue recognition issues.

Only 17% of Finance Team Time Spent on Strategic Activities

CPA Practice Advisor

CFOs report that their teams continue to spend very little time on strategic tasks and remain reliant on the standard processes and technologies that negatively impact their ability to deliver actionable information.

What Trump Can Learn From Reagan on Tax Reform

CBS News

With revamping the tax code a major priority of the Trump White House, it might help him to study how Reagan delivered the last major tax overhaul three decades ago.

FinREC Exposes 5 Revenue Recognition Issues

Journal of Accountancy

Numerous other completed drafts have already been published, and the guide will be updated as more issues are completed by the industry task forces.

How Rare is Snap’s IPO? Only 30 Out of 14,300 VC-Backed Startups Have Been Valued at More Than $1 Billion

Quartz

Very few startups backed by venture capital filing for an IPO have managed to pull off a valuation of more than $1 billion in the last 10 years.

Great Companies Obsess Over Productivity, Not Efficiency

Harvard Business Review

When it comes to strategy, efficiency and productivity are very different.