Jonathan Collins

Jonathan Collins

Stories by Jonathan Collins

Ten Years Later: Lessons From Sarbanes-Oxley

We have just marked the 10-year anniversary of the Sarbanes-Oxley Act, which was enacted July 29, 2002. Most companies in the US and their subsidiaries in Asia, as well as Asian companies that have issued securities in the US, would have gone through at least one major rationalization effort to reduce the number of controls and understand the true cost of compliance.  

Best Practice Strategies for Exiting a Business

Several large banks have recently announced that they were either going to sell or exit businesses or geographies. The Royal Bank of Scotland (RBS) announced earlier in January that they planned to exit their cash equities business.

Why Your Firm Should Have a Strong Cash Culture

The Great Recession of 2008 caused many companies to focus on cash above all else as sales and profits vanished. That seems to have worked out quite well – the 2011 survey on working capital indicates that companies in the US and elsewhere are now sitting on record levels of cash.

How to Get the Most Out of Your Consultants

When it comes to engaging a consulting firm for help, client expectations are all over the map. Some see the consultant as a great change agent who will bring new insights and dramatic results. Others see a consultant as a threat. Still others see a consultant as a tool to leverage their agenda, even if that agenda does not align with the companies goals.

How Finance Can Get Top Performance Marks

A good performance management framework should align corporate vision and strategy with business and departmental objectives. As the global economy rebounds and companies begin to migrate from survival and sustaining mind-sets to one appropriate to growth, now is a good time for finance leaders to re-evaluate their finance function strategies and set their future plan.

How to Achieve Optimum Financial Close

It’s been ten years since companies started pushing the financial-close envelope to its limits. Cisco Systems was one of the leaders of the ‘virtual close,’ moving from a 14-day window to being able to close the books and produce consolidated financial statements within hours.

A 99-Day Plan for the New Finance Executive

Several surveys conducted over the last few years indicate that there is pent-up demand in the workforce with people dissatisfied with their current roles. As the global economy continues to rebound from a deep recession, opportunities to take on new challenges will appear.