April 23, 2018

KPMG Could Face Questions Over Its Work for Conviviality

Economia

The Financial Reporting Council (FRC) may look into reported accounting irregularities at Conviviality after the troubled group and drink wholesaler revealed a £30m bill following two profit warnings last month. PwC was called as administrators to find new owners, after the group found the unexpected £30m unpaid tax bill.

Microsoft's CEO Wants to Reinvent Their Company Culture

Microsoft’s Next Act

In a recent conversation with McKinsey, Microsoft CEO Satya Nadella shared, "I would argue that for a successful company, you will have to overemphasize [creating] the right culture so that you can continue to cultivate new capabilities and new concepts. When I became CEO, we were already a 40-year-old company, and I felt that it was very important for us to make culture a first-class, explicit conversation so that we could then reinvent ourselves and invent new things.."

First Exec Pay, Now Investors Are Focusing on Getting More Women on Boards

Bloomberg

Emboldened by last year’s successful campaigns against excessive executive pay, some of the world’s biggest investors are shifting their focus to women -- or the lack thereof -- on corporate boards. BlackRock Inc., the world’s largest asset manager, has said it now expects companies to have at least two women on their boards in the U.S. “We are likely to vote against directors that don’t make progress on diversity without a specific and credible explanation,” representatives said in an emailed statement. Hermes, another large institutional investor, says it believes boards should already have achieved a minimum of 30 percent female representation.

Real-Time Fraud Detection is the Future

Payments Journal

Fraud detection – meaning detecting fraudulent behavior after it occurs – is costing financial institutions millions of dollars and destroying the customer experience. It’s time for financial institutions to get in front of the problem and focus on fraud prevention. Most financial institutions – at least in the United States – continue to approach fraud with a post-transaction strategy, but the technology exists today to go beyond that and enable financial institutions to identify fraudulent activity in real time and prevent a transaction from occurring.

Robot-Ready Resumes

USA Today

HR robots can hone in on the professional strengths you want potential employers to notice if you write your resume right. First, research the employer's lingo. Use similar action verbs, skills, and titles in your resume that you see in their job postings. Also, skip the complicated formatting. Finally, try using tech to help you, like LinkedIn's Resume Assistant.