Meet Hatem Kawasmyhere goo.gl/… and book your seat today at imamiddleeastconference.og to learn more about the IFRS updates for 2016 and much more.
Seat are limited.

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Mohammad Ghanem معجب بهذا

Did you know the SBA’s Office of Advocacy is playing a key role in helping small businesses? Find out more here goo.gl/…

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Mohammad Ghanem معجب بهذا

The latest Accounting Standards Update, ASU 2014-09, could mean more aggressive revenue recognition for software companies. Are you prepared? goo.gl/…

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TOOLS OF THE TRADE: This month, SF reviews the Sony USB turntable, the ThinkPad X1 tablet, and more: goo.gl/…

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To a successful week!

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CFOs: Do you know how to deliver value in turbulent times? Jeff Thomson, IMA President and CEO, and Erik Wissig, CFO of Hixme discuss onforb.es/…

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IMA Life: Khalid Alenaizan discusses the benefits of joining IMA as a student. goo.gl/

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Falling income is the biggest concern for global businesses, according to the 2015 fourth quarter Global Economic Conditions Survey (GECS) carried out by IMA and ACCA (the Association of Chartered Certified Accountants). buff.ly/…

Economic Slowdown Poised to Continue to Dominate International Business Landscape, says IMA/ACCA Report

Falling income is the biggest concern for global businesses, according to the Global Economic Conditions Survey (GECS), the latest and largest regular global survey of finance professionals. Nearly half of businesses (46%) reported a decline in earnings in the fourth quarter of 2015. The GECS report, published by IMA® (Institute of Management Accountants) and ACCA (the Association of Chartered Certified Accountants), can be viewed on the IMA/ACCApartner page. The survey of more than 2,500 finance professionals and more than 200 chief financial officers (CFOs) around the world also shows that business confidence has hit rock bottom, where 44% of respondents were less confident than three months earlier. Businesses not only reported a fall in income, but also more difficulty in accessing finance, with half of them cutting their workforce or putting a recruitment freeze in place, and 40% saying they had cut back investment plans since the third quarter of 2015.The United States economy continues to perform relatively well, even if business confidence was undermined last quarter by the strength of the U.S. dollar and the prospect of a rate hike. Data showed the U.S. economy grew by a relatively healthy 2.1% in Q3, retail sales continued to expand in October and November, and auto sales hit a record high for the year. Moreover, concerns that the labor market was losing momentum were eased by strong employment gains. In October to December, non-farm payrolls increased by an average of 284,000 a month, up from an average of 174,000 in the third quarter.“Despite this overall good news, there is a clear divergence within the U.S. economy,” said Raef Lawson, CMA, CPA, Ph.D., IMA vice president of research and policy. “While domestic-oriented sectors have benefited from the strong labor market and U.S. dollar, the manufacturing and energy sectors continue to perform poorly, in part due to oil prices.”Confidence remained especially weak in emerging economies. China’s slowdown is affecting business confidence around the world and contributing to serious problems in other major emerging economies, especially those that rely on commodity exports, such as Brazil and Russia. As the price of oil continues to tumble the producers that were relatively well prepared for a drop in energy prices, like Saudi Arabia and the UAE, are now facing weaker growth as governments turn their attention to repairing their finances. More than 60% of respondents in the region reported they had cut back on investment and employment. Businesses in OECD economies are more upbeat. Most advanced economies are net importers of energy and have benefitted from declines in oil prices. The most significant improvement in business confidence was in the eurozone, where the risk of a near-term break-up of the currency area has faded into the distance after the latest Greek bailout. Rising costs were still a problem, with 40% of businesses reporting concerns. While commodity prices have fallen, firms in many parts of the world, particularly Asia and Africa, are still having to deal with rapidly rising wages.

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This week is looking bright! Have a great one!!

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What does thought leadership mean to you? IMA’s VP of research and policy and PIR discusses 5 tips for being a thought leader in his latest ‪#‎MomentsThatMatter‬ blog post buff.ly/…

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What does innovation mean to you? And how do you measure it? In Advancing Innovation, leading strategist Patrick Stroh presents his unique approach. buff.ly/…

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A new year begins. Sun rays are glinting off the snow; memories of the holidays are still fresh in your mind; resolutions are all shiny, new, and rife with promise. Suddenly—boom! Reality slams home. You have an incredible amount of work on your plate plus three openings on your team to fill. goo.gl/…

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Join us at IMA's 4th Middle East Conference on April 13-14, 2016, in Riyadh, KSA.
Meet industry experts and leaders as they share their expertise on Future Pathways to Finance Leadership, Emerging Business Models, Cyber Security, Big Data, Regional Economic Outlook and Challenges, and many other trends shaping the future of the Techno-Finance era.

Register now to catch the Early Bird imamiddleeastconference.org/

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CLOUD COMPUTING ON THE SEAFLOOR --On February 1, Microsoft’s News Center posted a story about a Microsoft datacenter submerged on the seabed more than a half-mile off the California coast. The experiment is called Project Natick, and the success of its three-month immersion could change the way cloud services will be distributed. goo.gl/…

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IMA and The Sustainability Accounting Standards Board (SASB) recently announced a new Memorandum of Understanding (MoU) to advance the management and disclosure of non-financial information in corporate reports. Read more about the MoU here: goo.gl/…

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Do you have what it takes? 4 weeks left to submit your entry for the IMA 2016 Student Case Competition. Don't waste time. Follow this link to learn more goo.gl/…

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Book your seat today to take part of Gary Cokins amazing learning experience. Seats are limited, so hurry and register today through this link imamiddleeast.org/…

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Learn more about Jeff and Curtis and this prestigious award here: buff.ly/…

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Wishing everyone a super productive week!

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Volkswagen's emissions scandal is an almost unbelievable story. Here are some difficult questions it raised for those seeking justice. goo.gl/…

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