For treasurers and other finance managers who’ve spent their careers in the United States, bribery and corruption may seem far-removed from reality. But for those who are responsible for financial management in other parts of the world, an insular attitude may be setting them—and their companies—up for some unpleasant surprises. A recent global study by Ernst & Young titled “Navigating today’s complex business risks: Europe, Middle East, India, and Africa Fraud Survey 2013” reveals that some activities which seem taboo to most businesspeople in the United States are not as uncommon in the developing world.
Despite the intangible in its name, the levy applies broadly to income.
May and Carney fire back at Barnier over trade deal warning.
A recent survey suggests treasury and finance executives are not prepared for new technologies that could transform the way they do business.
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Follow these 4 steps to help protect profit and avoid currency related losses while doing business across borders.
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