CFO Innovation Staff

CFO Innovation Staff

Stories by CFO Innovation Staff

KPMG Resigns as China Forestry's Auditor

After issuing a “disclaimer of opinion” with respect to China Forestry Holdings’ financial statements for the year ended 31 December 2010, Big Four audit firm KPMG has opted not to stand for reappointment as the company’s auditor.

'Missing' Banker Linked to Olympus Scandal Found in Hong Kong

An enterprising Reuters reporter has tracked down a Japanese banker who played a key role in the Olympus scandal. According to Reuters, Akio Nakagawa “exploded in anger at finally being tracked down” in Hong Kong, where he lived in an upscale district near the city’s financial centre.

Cloud Adoption at All-Time High Despite Concerns

Data privacy is now the main obstacle to cloud adoption among organisations, with 74% of respondents citing it as a concern, ahead last year’s top mention of security, reveals the Cloud Computing in "Asia Pacific: The Annual Cloud Maturity Index," a study conducted in October 2011 by Forrester Consulting on behalf of VMware.

Singapore Business Confidence Holds Steady

In stark contrast to 2010 where satisfaction levels were largely similar across small- and medium-sized businesses (SMBs) and enterprises, in 2011, companies which showed the highest levels of satisfaction with their business performance were those with between 200 and 999 employees.  

Singapore Workers Work Day and Night, Says Study

Half of workers in Singapore spend well over eight hours a day at the office and 50 percent regularly take work home to finish in the evening.  This evidence of long working hours is seen in the latest global survey findings from Regus.