A survey from the Financial Executives Research Foundation and Robert Half Management Resources is shedding light on finance practices among worldwide companies. The survey found that fewer U.S. companies outsourced their payroll function last year than did in 2009, while more companies saw their compliance costs rise. The number of U.S. companies using International Financial Reporting Standards increased from 5% in 2009 to 11% in 2011. Meanwhile, 45% of Canadian companies and half of French businesses reported using IFRS.
Survey suggests corporate finance trends