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	FMF News - Further thoughts on the role of the Finance Director? (Site not responding. Last check: 2007-10-18)
		In England and Wales, finance directors' responsibilities are set to grow further with a personal duty to report to the authority on the robustness of the estimates and the adequacy of reserves allowed for in the budget proposals.
		As finance directors are required to manage the totality of an authority's financial affairs in all of its dealings, they will need to be in the thick of things: key players who help decide how to achieve policy objectives set by councillors and are able to intervene with authority if proper standards are not met.
		To ensure that this happens, the finance director needs to be a member of the authority's corporate management team and have a right of access to meetings of the political executive for all discussions that have a financial dimension.
	www.ipf.co.uk /fmf/news/12.htm (834 words)

	Global Finance: For UK finance directors pay rises 8%
		And interestingly enough, finance directors received greater increases than did chairmen and chief executives from the same group of companies, whose base salary rose an average 5.7%, to L329,000, and whose total earnings increased 7.4%, to an average 545,000.
		Directors in financial and property organizations typically receive a lower base salary than peers in industrial and service companies, but their bonuses generally run at a higher level.
		British finance directors also came nowhere near matching the $2,992,790 total remuneration averaged by the large US company CFO in 1996 (see July issue), an incredible 97.11% rise over the 1995 average.
	www.findarticles.com /p/articles/mi_qa3715/is_199709/ai_n8762734 (1318 words)

	FINANCE TODAY - Overview
		Finance Directors make full use of new business tools and technologies and have responsibility for a wide range of high value purchasing decisions, from IT systems and software to relocation and outsourcing.
		To carry out their role effectively, it is vital that Finance Directors have available to them accurate and up-to date information from leading commentators and business leaders.
		FINANCE TODAY has received wide acclaim from the Finance Directors and senior financial managers of leading companies for meeting the demand for high quality, incisive financial direction and business decisions.
	www.sovereign-publications.com /finance.htm (459 words)

	Finance and IT must go together - PC Magazine (Site not responding. Last check: 2007-10-18)
		Finance directors wanted IT to be more accountable, while IT directors complained that finance couldn't give them the tools with which to measure return on investment.
		And, while IT directors were seen as unstrategic and uncommercial by many finance directors, FDs in turn were seen as technophobes who refused to open their chequebooks.
		Tony Grace, managing director of Telewest business and former finance director of its consumer division says, for his company at least, the deadlock between finance and IT departments is loosening.
	www.pcmag.co.uk /computing/analysis/2075750/finance-together (1463 words)

	2000 Merck Proxy Statment
		Each director who is not an employee of the Company is compensated for services as a director by an annual retainer of $45,000 and a meeting fee of $1,200 for each Board and Committee meeting attended.
		Directors at the time of the change were asked to elect to either continue to accrue benefits under the Directors' Retirement Plan or, in lieu of accruing benefits under the Directors' Retirement Plan, to receive additional compensation to be deferred in accordance with the terms of the Plan for Deferred Payment of Directors' Compensation.
		Such directors, and directors who joined the Board after December 1995 and through April 27, 1999, were credited annually with an additional $15,000 of compensation to be deferred under the Plan for Deferred Payment of Directors' Compensation.
	www.merck.com /overview/00proxy/00board.html (1204 words)

	1994-140 \| 10/25/1994 \| Kansas Attorney General Opinion
		The directors of the authority are not, however, protected under the tort claims act.
		Based upon the comparison between the statutes and the legislative history of the statutes creating the authority, we opine that the Kansas development finance authority is not a "governmental entity" under the tort claims act, and therefore its directors, officers and employees are not covered by that act.
		However, the directors, employees and officers are protected from personal liability for actions which are performed in the service of the authority under K.S.A. 74-8910, as amended by L. 1994, ch.
	www.kscourts.org /ksag/opinions/1994/1994-140.htm (1314 words)

	Directors
		Directors' Home Addresses (DTI) - consultative document on the confidentiality of directors' addresses where 'the availability for inspection by members of the public of a director's home address creates, or is likely to create, a serious risk that the individual, or person who lives with him, will be subjected to violence or intimidation.'.
		Guide for directors of UK listed companies (Freshfields Bruckhaus Deringer) - a 37 page guide (PDF format) from international law firm Freshfields Bruckhaus Deringer which tackles types of directors and their roles, appointment and removal of directors, directors' duties, dealings in shares, imdemnity insurance, listing rules requirements and the board of directors.
		Institute of Directors - official homepage of the non-political organisation founded in 1903 to represent the interests of directors, advise directors and promote professionalism in the boardroom.
	www.icaew.co.uk /librarylinks/index.cfm?AUB=TB2I_25830&route=11424,P,11426,31045 (1194 words)

	Trying to go two ways at once - Personal Computer World (Site not responding. Last check: 2007-10-18)
		Our exclusive survey reveals that finance directors are struggling to reduce costs by restructuring and outsourcing, while still increasing their role to include more non-financial measures and new finance skills.
		Overall, there is no doubt that the key trends identified by the 1996 survey are intensifying with more finance directors implementing, or planning, changes in the way they run their operations and contribute to the management of the business.
		Within the finance function, this is reflected in the small increase in the proportion of companies that have completed major re-engineering or re-structuring projects - 40% compared to 34% in 1996.
	www.pcw.co.uk /financial-director/analysis/2050052/trying-two-ways-once (1349 words)

	FT.com - Special Reports / In the Director's Chair (Site not responding. Last check: 2007-10-18)
		Many finance directors say less than half their time is taken up by traditional accounting duties, so numerous are the new responsibilities.
		David Nish, finance director of Scottish Power, was a key player in the 4bn acquisition of PacifiCorp, the US utility, last year.
		Some finance directors are also rivalling the chief executive as the company's public face, risking ego clashes.
	specials.ft.com /directorschair/FT3TVOL87JC.html (495 words)

	Welkom to the FeshPlaza.
		Marks and Spencer announced that it had appointed Ian Dyson as its new finance director to replace Alison Reed, who is leaving the company at the end of April.
		Earlier, supermarket chain Sainsbury appointed Darren Shapland as its new finance director, while chemist chain Boots confirmed that its finance director Howard Dodd is shortly to leave the company at his own request.
		Dyson, 42, who has been finance director at leisure group Rank for the past five years, spent the early part of his career with consultants Arthur Andersen, where he became a partner in 1994.
	www.freshplaza.com /2005/16mrt/rn1_uk_cfo.htm (450 words)

	FR Doc 03-6595
		Generally, the Finance Board believes that a potential appointed director could be considered to have the required skills if, based on work experience, publications or other relevant information, the Finance Board reasonably believed that an individual would have a strong understanding of the market, interest rate and other risks faced by a particular Bank.
		The Finance Board also believes that the proposed rule should not limit narrowly the professional pool from which a qualified appointed director could be chosen but that the pool of potential candidates should encompass a wide variety of professions including academia, the legal profession and government service.
		The Finance Board expects this new requirement to be mandatory and to apply to public interest director appointments for each of the 12 Banks for the terms beginning on January 1, 2004.
	a257.g.akamaitech.net /7/257/2422/14mar20010800/edocket.access.gpo.gov/2003/03-6595.htm (1437 words)

	Insight - The 180 degree turnaround in finance - vnunet.com (Site not responding. Last check: 2007-10-18)
		Finance directors have to look to future cashflows, not historic costs, says the author of a new book.
		Research conducted for the book among 300 finance directors showed that what they are not doing so much of is transaction-processing and historic cost bookkeeping.
		This involves getting finance people to turn their thinking by 180 degrees, to become forward-looking, thinking about future cashflows, not backward at historic costs.
	www.vnunet.com /financial-director/analysis/2050079/insight-180-degree-turnaround-finance (1002 words)

	Morrison 'shot the messenger', says ABI (Site not responding. Last check: 2007-10-18)
		The Association of British Insurers has condemned the ousting of Wm Morrison's finance director, Martin Ackroyd, as a case of 'shooting the messenger' that fails to address the supermarket group's problems.
		The ABI's criticism of Ackroyd's move comes amid growing concerns that finance directors are increasingly bearing the brunt for wider problems within companies.
		But finance directors, the most powerful executives after chief executives, are also strong candidates for the top job.
	www.manifest.co.uk /news/2005/2005417telegraph.htm (479 words)

	The Hindu Business Line : Urban coop bank directors nudge Finance Ministry to lift loan ban
		The aggrieved segment, directors of Urban Cooperative Banks (UCBs), are seeking the lifting of the ban imposed on them from accessing loans from their own banks.
		The "total ban on all types of loans" applies not only to the directors but also to their relatives and entities in which they have interest.
		The JPC had said that "full ban in granting of loans and advances to the directors and their relatives in concerns which they are interested needs to be imposed." However, the RBI had replaced the word `in' by `or'.
	www.thehindubusinessline.com /2004/05/01/stories/2004050102310100.htm (535 words)

	Me myself and I - PC Magazine (Site not responding. Last check: 2007-10-18)
		Research by Richmond Events, organisers of the Finance Directors' Forum, finds that FDs of large- and medium-size companies say there is a difference between the characteristics that make a good business leader and those that make a good finance director.
		The ability to inspire and motivate is a very important attribute for a leader, according to 72% of finance directors surveyed, closely followed by effective communication skills (64%) and the ability to communicate a vision (60%).
		Finance directors also want more management training, as "too often FDs are expected to know it all".
	www.pcmag.co.uk /financial-director/features/2049901/myself (855 words)

	SocietyGuardian.co.uk \| Society \| Introducing the finance director of the future
		David King, who used to be the finance director but is now known as the director of management services at the Imperial Cancer Research Fund, warns that finance directors will become obsolete unless they adapt to the changing environment of the charity sector.
		In the wake of the new reporting standards (Sorp), which require greater accountability, and closer media scrutiny of charity finances, highlighted by the furore over the NSPCC's expenditure, finance directors need to be more integrated within the organisation, he argued at this year's charity finance directors' group conference.
		However, as the roles of a finance director and fundraiser are often incorporated into the chief executive's position, leaders of smaller charities may well be ahead of the game.
	society.guardian.co.uk /charityfinance/story/0,8150,488313,00.html (588 words)

	County News Online
		The Finance Committee may, from time to time, be given the responsibility of (1) reviewing or analyzing programs, plans or courses of action and advising the Executive Committee; (2) participating in fund raising activities; and (3) reviewing and recommending reserve funding goals for the association.
		The functions and duties of the Finance Committee shall not interfere with the functions and responsibilities of the Audit Committee.
		The Finance Committee shall reflect the diversity of the association and of the Board of Directors.
	www.naco.org /cnews/2001/01-6-4/annual.htm (641 words)

	Finance Function Excellence (Site not responding. Last check: 2007-10-18)
		Our Finance Function Excellence team helps finance directors and other business leaders develop and implement customised, practical strategies to tackle these challenges head on.
		Grounded in our solid understanding and experience of finance processes, we bring our clients an in-depth knowledge of leading practices, an understanding that people are critical to a finance function’s success, and the ability to create unique solutions by calling on our global network of specialists from across the firm.
		From reorganising a finance function’s structure, to cost reduction to implementing regulatory risk management techniques – or a combination of these and others – our experienced team can provide solutions to help your finance function meet these challenges, become central to your organisation and become truly excellent.
	www.eygcs.com /global/content.nsf/UK/Finance_Function_Excellence (293 words)

	Telegraph \| Money (Site not responding. Last check: 2007-10-18)
		The increasing regulatory burden on public companies is driving demand for finance directors, according to a leading headhunter.
		This week's appointment of HBOS's finance director, Mark Tucker, as the next chief executive of Prudential is the latest case where a company has chosen a finance specialist to lead the company rather than a chief executive from a rival firm, or an internal candidate.
		Martin Ackroyd at Wm Morrison quit as finance director after the company was heavily criticised for the poor integration of Safeway.
	www.portal.telegraph.co.uk /money/main.jhtml?xml=/money/2005/03/26/cnrich26.xml&menuId=242&sSheet=/money/2005/03/26/ixcity.html (320 words)

	REAL FINANCE - for and about FDs
		Directors have a responsibility not to get seduced by "cheap applause from sycophantic colleagues" when they propose radical change or rapid growth.
		The leader of its finance function, that is. The Conservative Party has announced that Ian McIsaac is to be its new finance director.
		A whistleblowing finance director for BAT's agents on the Caribbean island of Aruba alleged that he sent $144m (£81.5m) a year from BAT's proceeds in Colombia alone to the firm's control centre in Switzerland.
	realfinance.blogspot.com (7233 words)

	Scotsman.com Business - Market Reports - Finance directors calculate odds on further changes
		Shapland has been finance chief at Carpetright since 2002, so he will at least be used to working for a company on the floor.
		Most obviously, most of the companies involved in the finance director musical chairs are in the midst of major restructurings played out against a backdrop of tough trading.
		That cannot be a particularly rewarding job for finance directors, who in the City’s eyes bear roughly the same weight for underperformance as chief executives but sans the swagger and cash.
	business.scotsman.com /markets.cfm?id=280022005 (849 words)

	EducationGuardian.co.uk \| Special Reports \| Finance directors frown on graduate tax
		Almost three-quarters of finance directors believe government plans for a graduate tax are flawed, according to research released today.
		One director suggested that a graduate tax would lead to huge increases in drop-out rates among students - currently as high as 45% in some universities, while another suggested that such a scheme would deter large numbers of students from applying to university in the first place.
		Richard Post, head of Reed's accountancy wing, said: "There is obviously strong feeling among UK finance directors over the issue of a graduate tax.
	education.guardian.co.uk /specialreports/tuitionfees/story/0,5500,875434,00.html (438 words)

	Finance directors to boost outsourcing - Accountancy Age (Site not responding. Last check: 2007-10-18)
		One in three finance directors are set to increase their outsourcing expenditure, a new survey of FTSE 1000 companies has revealed.
		Almost all respondents to the survey, which included more than 70 finance directors and was conducted by technology law firm Tarlo Lyons, said the extra expenditure was driven by business expansion.
		General Ledger Developer Finance – Edinburgh £28 - £45K depending on experience Department Background During 2005 and 2006, Standard Life will be making significant changes to their core finance systems to permit reporting under the requirements...
	www.accountancyage.com /accountancyage/news/2027043/finance-directors-boost-outsourcing (604 words)

	Hadlee finance directors (Site not responding. Last check: 2007-10-18)
		We provide a pay as you go finance director service to entrepreneurs in the North of England, not yet big enough for a full timer but with big ambitions who need professional financial direction.
		Hadlee Limited is led by Andy Davies, who is a chartered accountant with 20 years experience of working with and providing financial solutions to entrepreneurs in the North of England.
		Andy has worked as a finance director in a variety of businesses and he has started the business to provide the experience that he has gained to entrepreneurs who would not normally have an in house finance director.
	www.hadlee.co.uk (140 words)

	Board of Directors Finance Committee from PerkinElmer (Site not responding. Last check: 2007-10-18)
		If the Chief Executive Officer is a Director, he or she shall be a member of the Committee.
		If the Chief Executive Officer is not a Director, the Chairman of the Board of Directors shall be a member of the Committee.
		The Company's General Rules Governing Committees of the Board of Directors are incorporated herein by reference and made a part of this charter.
	www.perkinelmer.com /corporateGovernance/committees/finance.html (142 words)

	Government Ethics Cases for City Finance Directors
		You're headed to the statewide municipal finance director's annual conference and are invited by several underwriters to play golf and have dinner.
		You are recruiting for an important position in the Finance Department and encouraged by the applications you've received through an open and competitive process.
		The HR director comments favorably on one of the candidates, indicating she knows him through family connections.
	www.scu.edu /ethics/dialogue/candc/cases/city-finance-directors.html (776 words)

	FHFB Postpones Action On New Standards Of Conduct (Site not responding. Last check: 2007-10-18)
		The Federal Housing Finance Board has postponed action on proposed standards of conduct governing the relationship of the agency's directors, officers, and employees to the Federal Home Loan Bank System.
		The new standards prohibit Finance Board directors, officers, and employees from attending any official business meetings of a board of directors, committee, or advisory council meeting of an entity regulated by the Finance Board.
		The standards further clarify that individual Finance Board directors may not speak or act on behalf of the Finance Board, which exercises its authority jointly.
	www.mbaa.org /industry/news/02/0815b.html (368 words)

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