Professional service firms are composed of experts who prize their autonomy. In this context, leadership must be a collective endeavor.

The Basel Committee on Banking Supervision has put pen to paper in finalising the international set of banking regulations known as Basel III, giving capital markets some long-awaited clarity on the way in which banks should model for risk.

Chapter 12 - The role of the executive director, chief executive and finance director are outlined as well as director remuneration and the roles and responsibilities of the remuneration committee. Pay, pensions and other benefits, disclosure requirements, contracts and severance are also covered.

Four chapters looking at the preparation of the financial statements of sole proprietors, covering statements of profit or loss and statements of financial position.

When teams fall short of their potential, it’s often because leaders don’t know how to spot and manage the differences in how people approach their work. To get the most from the styles on their teams, leaders should pull opposite types closer together, give more voice to people with nondominant perspectives, and take extra care to get input from sensitive introverts.

A look at how budgetary control can be exercised by comparing estimates for cost and income against the actual costs and income as they arise.

An interview with Jerker Denrell, focusing on his research study into the accuracy of financial analysts' forecasts.

The article reports on the growing number of companies replacing annual employee and business appraisals with a more frequent evaluation scheme. Topics discussed include the factors behind the growing move away from annual appraisals, the factors that may influence the success or failure of changes to the annual appraisal and the benefits and potential negative effects of regular discussions or appraisals.

The article discusses gender pay gaps in organizations of Great Britain. Topics include views of Elysia McCaffrey, head at the Government Equalities Office, on payroll arrangements, the introduction of gender pay gap reporting having positive effect on the quality of public discourse and forcing business to act on the more persistent issues such as pay inequality, and incorporation of gender pay gap analysis into pay review by Chartered Institute of Personnel & Development (CPID).

Article features the media planning agency December 19 to discuss the importance of company culture in achieving business success. Also cited are the company's co-founders Dave Barnett and Dan Pimm, the firm's focus on treating people right and developing relationships rather than profitability, as well as the business' financial performance including a twofold increase in turnover annually

Professional service firms are composed of experts who prize their autonomy. In this context, leadership must be a collective endeavor.

The Basel Committee on Banking Supervision has put pen to paper in finalising the international set of banking regulations known as Basel III, giving capital markets some long-awaited clarity on the way in which banks should model for risk.