On Monday, the Association for Financial Professionals issued its “2013 AFP Estimating and Applying Cost of Capital Survey Report.” The survey of 424 finance professionals found that although financial planning and analysis (FP&A) might be the department that makes the most use of weighted average cost of capital (WACC) figures, it is generally not the department responsible for coming up with WACC estimates. In 46 percent of respondents’ companies, treasury is responsible for WACC calculations. This responsibility falls to finance in 32 percent of companies and to FP&A in only 18 percent.
Writing expert Bryan Garner doesn't pull punches in a new book about his partnership with the late Antonin Scalia. The result is a fascinating and three-dimensional portrayal.
Welcome, readers, to the new Treasury & Risk website. It houses all the same great content Treasury & Risk has always offered, but in a more streamlined…
Companies argue that federal and most state exchanges havent followed the rules set out in the statute and regulations and therefore cant levy fines.
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