May 2008

Cover story: The day
after tomorrow?
How badly could the credit crisis affect the US and the global economy? The
worst-case scenarios are inconceivable. Almost
OTHER ARTICLES
Special features: Green
doors > Unsafe as houses >
Editor's letter: The alchemy
of assets > Columns: IT strategy:
Emerald city >
Accounting: It's a fair
cop > Economics: No
pain, no gain > Corporate governance:
Flying a kite > FD
interview: Crown Estate's FD, John
Lelliott > Insights:
Grain strain >
One four all >
Risk lessons from the FSA >
Analysis: Deceptive
stability could end with a bang >
Sales growth a top priority, despite credit
crunch > Pension trustees pump
resources into governance structures > Financial Directions -
May: Employment up; City jobs hit by
credit crunch; no pat on the back for risk-taking managers >
Update: BoE lends banks hel
ping hand; JJB Sports shuts stores; Darling stands by forecast
Briefings
IASB looks for the simple life >
EPS needs a health warning >
Green agenda: Reports must
show carbon use > Climate change a
risk to growth > Firms axed after
FTSE4Good review
---------------------------------------------------------- ----------------------- ----
April 2008

Cover story: Seeing
stars, changing stripes
Once anathema to American authorities, US companies are now sure to adopt IFRS.
So, why now?
OTHER ARTICLES
Features: Public
calling > Columns: IT strategy:
Group hug >
Accounting: Pick up the
tab > Economics:
Nobody's Darling > Corporate
governance: Mary, Mary... >
FD interview: IASB
chairman, Sir David Tweedie > Insights:
Going their separate ways >
It's been emotional >
Business simulator takes off >
Editor's letter: Single
version of the truth > Analysis:
Management A-Teams elusive, but crucial
> Complexity to blame for credit
crunch > US recession forces
unconventional response > Financial Directions - April:
Budget estimates; bank profits; overseas
acquisitions > Update:
Fed lowers interest rates, Bank of England
doesn't; corporate manslaughter law
Briefings
Root and branch tax reform >
Regulator to clarify audit role >
Green agenda: Software co
unts CO2 footprint > Grey Budget with
shades of Brown > EC prepares energy
use roadmap
--------------------------------------------------------------------------------- ----
March 2008

Cover story:
From the jaws of
defeat
The credit crunch has bitten hard, but some deals have pushed on through,
despite the panic in the markets. Using multiple financiers helps spread the
risk
OTHER ARTICLES
Features:
SocGen's
bitter disappointment > Columns:
IT strategy:
Watch out > Ac c
ounting: Taking the PE >
Economics: Hard
pounding >
Corporate
governance: One rule for all >
FD interview: National
Grid's Steve Lucas > Insights:
Top marks for carbon
conscious > Eastern
ploys and western whirls >
Gallic shrug: French govern
ment's call to tighten regulations > Editor's letter:
This isn't Labour's
black Wednesday > Analysis:
Everlasting life adds £6bn
to pension costs >
FDs face chop as UK company
earnings miss estimates >
Fed easing unleashes big
market changes > Financial Directions - March:
Equity; M &A deals;
inheritance tax
Briefings
FSA urges tiered LSE
listings > The value
of share buybacks > Green agenda:
Green risk snub by
pensions > Green sky
thinking for EU aviation >
FDs called to environmental
action
------------------------- ------------------------------------------------------------
February 2008

Cover story: Zeros or heroes?
What does the CEO really want of the FD? Sarah Perrin asks leading headhunters
in the field what they know.
OTHER ARTICLES
Special features: Human capital management and international
recruitment > FDs are encouraged to take on non-
finance roles > Columns: IT strategy: Our new
columnist Robert Jaques forecasts a year of halted rollouts >
Accounting: IASB maintains its own
standards > Economics: BRIC
-a-brac proving tasty >
Corporate governance: Does greater
disclosure tell us anything more? > FD interview:
Craig Smith, FD, Management Consulting Group > > Insights:
Pakistan; auditor liability cap
> Editor's letter: Contrary to expectations
Briefings
Bankrolling nuclear > The cost of
price fixing
-------------------------------------------------------------------------------------
January 2008

OTHER ARTICLES
The FD Interview: Financial Times CFO, Scott Henderson
> FD Web Seminar: The concept of corporate risk
> Editor's Letter: Beyond the pail >
Accounting: Unified global accounting standards edge
closer > Corporate governance: Alphabet soup or
straight talk > IT strategy: A predilection for
making decisions > Economics: MPC hikes rate to plug
'08 confidence holes
Briefings
Sustainable balance sheets, Prince Charles style >
Predicting business risks in '08 >
Fair value and the credit crunch
------------------------------- ---------------------------------------- ---------
December 2007

Cover story:
2008, an economic odyssey
It's been an interesting year - spiralling energy costs, an ongoing
credit squeeze, rising interest rates and the two-dollar pound. But if you
thought 2007 has difficult, just wait for 2008.
Other articles
The FD Interview: Microsoft
CFO Chris Liddell >
Focus
on forecasting >
The
games companies play >
Sub-prime
accounting >
Greenspan's
memoirs >
Edito
r's letter: Fired with enthusiasm >
Accounting:
The smaller the better >
Corporate
governance: From Brussels without love >
IT
strategy: Face off >
Economics:
Black gold
Briefings
Directors'
liability >
US
tax rules >
Companies'
carbon under the spotlight
Decisions supplement
Pe
nsions & employee benefits: Not enough nuts
---------------------- ----------------------------------------------------------
November 2007

Other articles:
The
FD Interview: Asda CFO Judith McKenna >
2007
Salary Survey >
W
here will the credit crunch bite? >
Interest
rate volatility >
g
ra nular growth >
Coaching?
No sweat >
Editor's
letter: Beware the good times >
Accounting:
Where now? >
Corporate
governance: Crack down >
IT
Strategy: Left behind >
Economics:
Smash 'n' grab
Briefings:
Dead
ly serious legislation;
Scrap
the AGM - if you can;
Green
audits aren't a waste of time
------------------------------------------------------------
--------------------
October 2007
Financ
ial Director Interview: Gear up
Wars, terrorists and oil prices have all hurt BA, says its CFO Keith
Williams. Now it's time to buy some planes.
Other articles:
Smar
ten up: From accountant to business partner >
2007
Audit Fee Survey >
F
D s prepare for the crunch >
Sub-prime
to the ridiculous >
The
FX of volatility >
Hedging
clarifications >
Editor
's letter: Rock and Roll >
Accounting:
Well read >
C
orporate governance: Keep 'em keen >
IT
Strategy: A little mishap >
Economics:
Not so clever
Briefings:
Microsoft
loses key ruling;
Ent
erprise risk management; IT risk management; BA's and Ikea's environmental
vision
Decisions supplement:
>
Fleet
management: The true cost of a crash
------------------------------------- ---------- ------------------ ---------------
September 2007
Cover
story: For what it's worth
Knowing how much to pay for a company was never easy - and the rise of
private equity hasn't helped.
Other articles:
The
FD Interview: Tony Conophy, Group FD, Computacenter >
Prepare
a business plan for your finance function >
U
S lenders primed for a fall >
UK
pensions assumptions leave EU behind >
Vietnam
is top manufacturing destination >
Edit
or's letter: Where to start? >
Acc
ounti ng: Green reports >
Corp
orate governance: Loosen up >
IT
Strategy: Keep it simple >
Economics:
Local needs
Briefings:
PE
Should compy or explain;
Hunt
on for share owners;
Of
fset ting is off message
Decisions supplements:
>
Credit
Management: Keep your debtors in check
>
The
Intelligent Organisation: From data to knowledge
--------------------------------------------------------------- -----------
------
July/August 2007
Cover
story: Affirmative Dave
HAL-like computers are making share trading decisions - and a killing in the
market. But FDs needn't be afraid.
Other articles:
Th
e FD Interview: David Nish, finance director, Standard Life >
Business
transformation >
Ne
ws update: Cabinet maker >
France
to get what it voted for >
The
power of hedge funds >
UK
supply chain to pull its 'Sox' up >
Growing
support for Stewardship >
Accounting:
Playing low-ball >
Corporate
governance: One step forward >
IT
Strategy iWant iNeed >
Economics:
Home truths
Briefings:
Private
s on parade;
Cracked
not shattered;
The
three bottom lines;
UK
tackles cyber warming
Decisions supplement:
Energy
strategy: What's the alternative?
June 2007
Cover story:
Brand
on the run
A company's brands are some of its most valuable assets. Why then do so
many let them lapse, rebrand or even kill them off when they are still
profitable?
Other articles:
Th
e FD interview: Simon Lane, Group FD, William Hill >
Audit
choice survey >
Interview:
Mary Keegan, head of the government accounting service >
Pension
solution has problems >
US
moves closer to IFRS >
Accounting:
Easier does it >
Corporat
e governance: Get on message >
IT
strategy: Bright spark >
Economics:
Little surprise >
Editor's
letter: Optimists versus pessimists
Briefings:
Tackling
Big Four dominance;
Impo
rtance of being honest;
Big
firms buy in to web 2.0 spin;
1,000
make May Day CO2 pledge;
Race
on for world's greenest city
Decisions supplement:
Pensions
& employee benefits: keeping pension liabilities clear of the rough
May 2007
C
over story: Cutting your losses
Demergers are a massive undertaking definitely not for the
faint-hearted FD. But done properly they can improve business focus and create
long-term value
Other articles:
The
FD interview: David Roache, finance director, Acertec >
S
ocial housing: Opening doors >
FDs
face liability litigation >
I
owe who? leveraged debt >
Compliance
stifles outsourcing >
Ethical
agenda starts with board >
Editor's
letter: Charmed, I'm sure >
Accounting:
Critical stance >
Co
rporate governance: Blunt message >
IT
Strategy: Latent value >
E
c onomics: False dawn
Briefings:
FDs
tackle reporting processes;
Private
equity in public eye;
Green
, Brown's Budget is off colour;
Banking
on clean energy
Decisions supplement:
Hum
an capital management: training and developing your people
April 2007
Cover
story: Chairman now
Finance directors have always been good with figures - our research
shows they're just as good with boards
Other articles:
Th
e FD interview: Alex Short, finance director, William Grant & sons >
Finance
vs IT >
Where'
s the Olympics money gone? >
Pensions
regulatory overlap? >
Vis
ta - Plan before you deploy >
How
big is small? New IFRS for SMEs > Get to the top of your profession >
Edito
r's letter: The greens come in from the cold >
Acco
unting: Quarter pounder >
Corpora
te governance: Ripple effect >
IT
Strategy: Predict Able >
Economics:
End of an era
Briefings:
Green
Briefing, buy-in for greener buying
Decisions supplement:
Commercial
property: Creating a more flexible portfolio
March 2007
Cover
story: Business lessons handed down the generations?
Tired? Old? Uncompetitive? Think again. Family businesses occupy a sig
nificant slug of the FTSE-All share index and generate higher-than-average
returns, as well
Other articles:
The
FD interview: Nick Eastwood, finance director, Rugby Football Union >
Was
Jack Welch wrong all along? >
Wha
t next for the FSA? >
C
ompanies in denial on fraud >
Our
principles are being eroded >
Editor's
letter: Generation game >
Accounting:
The key to data >
Corporate
governance: More or less >
IT
Strategy: Account for IT >
Economics:
Sour taste >
Briefings:
FTS
E4Good tightens index entry;
M
&A needs goodwill from IFRS;
Long-term
strategy required
Decisions supplement:
Pensions
& employee benefits - Maintaining a happy workforce
February 2007
Cover
story: Do the new dotcom strategies stack up?
The dotcoms of the pre-boom days have matured. But Silicon Valley is bu
zzing with a new breed of startup - have lessons been learned?
Other articles:
The
FD interview: Stacey Cartwright, chief financial officer, Burberry plc >
SEC
eases listing requirements >
XBRL
unbowed by peer pressure >
Managing
the supply chain flow >
Acc
ounting: Don't forget the bookkeeping >
Corpor
at e governance: Location, not ownership >
IT
Strategy: Plastic future >
Economics:
Inward bound >
Editor's
letter: Taxation sans frontieres
Briefings:
E
U extends eastern boundary
Decisions supplement:
Fleet
management - ECOs & the moneymen
The Financial Director Guide to:
Global
Tax Strategy
January 2007
Cover
story: How green
are you
What's more important to finance directors: growing the bottom line or
growing trees? Our survey of Financial Director readers suggests that
both are...
Other articles:
Th
e FD interview: Jim Pettigrew, finance director, Ashmore Group >
Branding
exercises: a balancing act >
Looking fo
rward: FDs speak out about the year ahead >
Is private
equity driving too hard? >
Assessing
customer satisfaction >
US
regulatory merger creates waves >
Accounting:
End of term report for IFRS >
Corporate
governance: Private lives, public information >
IT strategy: Go on, turn it
off... >
Economics:
Will Brown get out in time? >
Editor's
letter: Capital's market
Briefings:
Search to
quantify quality >
New law helps fight on
fraud
December 2006
Cover story:
Innovation, The big
idea
British companies can no longer compete with emerging economies in terms of
cost. They must turn to innovative products, processes and strategies to succeed
Other articles:
The FD interview: Peter
Linthwaite, chief executive of the BVCA >
Emerging perils: The
pitfalls of overseas sourcing >
The Stern report on climate
change > The Big
Four wants real time reporting >
Companies Act: a shake-up
of company law > FD
Forum 2006: Come sail with me >
Accounting: Shake-up of
corporate reporting models >
Corporate governance: Isn't
it time the rest of the world cottoned on? >
IT strategy: Snip the
shackles of technology >
Economics: Rising personal
debt > Editor's
letter: From Russia with love
Briefings:
Watchdog monitors
PE market > Secur
ing your IT con tinuity
Decisions supplement:
Pensions
and employee benefits, The ghost of pensions past
Cover story:
The 2006 FD salary survey
Who wants to be a millionaire? Judging by this year's salary
survey, there are almost 30 finance directors in the FTSE-350 who seem to have
no objection to the idea.
Other articles:
The FD Interview:
Aidan Smith, Liberty International >
Pipe dream: utility co mpu
ting gets real >
Ringing change: how BT's f
i nance function evolved >
If four become three
> Tide turns for cargo
carriers >
Accounting: Time to
decide > Corporate
governance: Apathy rules >
IT Strategy: Spend IT
> Economics: Them and
US > Editor's lette
r: Making rules on the waves
Briefings
Dispelling the
myths of ageism >
Pay should be linked to
success > Aim
targets nomads
October 2006
Cover story:
NHS
finances, a breakdown of trusts
The financial crisis at the NHS has been years in the making according
to its FDs. At the heart lies a failure to cost the huge increase in services ef
fectively
Survey: The 2006 FTSE-350 audit fees survey
Other articles:
When
Treasurers and FDs collide >
Friends
Provident reviews its OFR >
And the n
ext Chancellor is... >
FDs, your
government needs you >
Good, how f
inancial reporting has changed for the better >
Accounting
: more transparency please >
Backdating
comes to the fore
Decisions supplement:
Credit
management, You can't count the pennies if you don't bring them in
September 2006
Cover story:
Are companies
better managed than they used to be?
Andrew Sawers marks his 100th issue as editor of Financial Director
with an essay that asks the question, are companies better managed than
they used to be?
Other articles:
The FD interview: Steve
Webster, Wolseley >
The NatWest three and the
long arm of America >
What's going on at
iSoft > Trade, not
aid > Shedding light
on the OFR > Acco
unting: In the f rame >
Corporate governance: Pass
the buck > IT
strategy: Digital spy >
Economics: No point
fussing > Big 9, 8,
7, 6, 5, 4... > The
increasing burden of e thics >
Decisions supplement:
Fleet
management: The return of the company car and the growth of Toyota
July/August 2006
C
over story:
Making it in China
Manufacturing is changing, so UK companies must work to their strengths while
embracing the low-cost economies.
Other articles:
>
The
FD interview: Chris Lynch, BHP Billiton >
HMG
confused by its own TUPE laws >
Black
mark for white paper >
Educate
to accumulate >
Risk
fears endanger enterprise >
Accounting:
Pension plan >
Corporate
governance: Local trouble >
Financial
Director/CSC Critical technology issues survey
June 2006
Cover
story: Corporate
turnarounds
Three fictional corporate turnaround stories offer insight into the s itua
tions struggling companies can find themselves in.
Other articles:
> Plan to scrap your
budget > Compliance
- here we go again >
Interview: Sea Change for
British Maritime >
Accounting: Principle rule
s > Corporate
governance: Happy families >
IT strategy: TLA: FAQ
> Economics: Spent
force
Decisions supplements:
>
Pensions
& employee benefits: An update
>
The
intelligent organisation: Making the most of your company's data
May 2006
Cover story:
FDs deliver their
verdict on IFRS
Many companies have just produced their first-ever full-year figures under IFRS
- and not many FDs have enjoyed the experience.
Other articles:
> The FD interview: Phil
Lee, Britannia > P
ension turning point >
Cold comfort over bird
flu > Restricted
entry to the audit club >
Accounting: Blurring the l
ines > IT strategy:
Free lunch >
Economics: Sterling effor
t > Feature: Easy
money
April 2006
Cover story:
That sinking feeling
The world's manufacturing supply chain relies extensively on the global shippin
g industry. But the oceans present unique risks.
Other articles:
> The FD inte
rview: Philip Broadley, Prudential >
How to attract cash
> Nasdaq bid raises
Sarbox fears > New
regulations target AIM >
Rover funds still up for
grabs > Accounting:
Mutual gain >
Corporate governance: Lose
the jargon > IT strategy:
Smart move > Eco
nomics: Golden f leece
FD Guide:
T
he Financial Director Guide to emerging markets
Decisions supplement:
Fleet
management: Increasing regulation and increasing prices
March 2006
Cover story:
The fire-fighting FD
How can FDs do to lesson their immediate burdens and allow them to think more
strategically?
Other articles:
The FD interview: Robert
Dyrbus, Imperial Tobacco >
NHS looks to the private
sector > The growth
of hybrid finance >
Accounting: Tides of
change > Corporate
governance: Culture change >
IT strategy: Dotcom
again > Economics:
Soft labour > L
essons from university funding
Decisions supplement:
Training
and managing the finance team
February 2006
Cover story:
Learning from venture
capitalists
Can FDs learn from the turnaround capabilities of private equity where emotions
play no part in their approach to costs?
Other articles:
The FD interview: David
Tyler, GUS plc >
Basle II and the repo
market > Alcoholism
in the workplace >
Marketing, meet finance
> Merger mania >
IT strategy: Spread
betting >
Economics: Mixed me
ssage >
Decisions supplement:
Pensions
& employee benefits, Scheme buyouts and investment policy
January 2006
Cover story:
BT's business untangl
ed?
Karen Witts, Peter Cross and Tony Chanmugam are the three divisional CFOs under
BT group FD Hanif Lalani? We talk to all three about reorganising their
businesses under the watchful eye of regulator Ofcom.
Other articles:
The 2005 FTSE-350 audit
fees survey > FDs
predict the future >
Gordon Brown looks to
oil > the M& S
tax case > Accoun
ting: Embrace chang e >
Corporate governance:
United in their dismay >
IT strategy: Common g r
ound > Economics:
Time to say sorry >
3G comes of age