Issue Information

• Published date: 01 January 2018
• Date: 01 January 2018
• DOI: http://doi.org/10.1002/jcaf.22301

VOLUME 29, NUMBER 1 • January 2018

The Journal of

Letter From the Editor

James B. Edwards

Features

Prescriptive Financial Transformation—What Every CFO Should Know

Brian Higgins

Activity Value Management® (AVM®), the method described in this article, provides the link-

ages necessary to achieve outstanding and often breakthrough improvements in financial and

operational performance by linking data elements that previously have not been fused for

the purpose of improving performance. Unique features of AVM® include, but are not limited

to, a revolutionar y method of accurately costing and measuring the financial performance of

products and services that includes both cost and effort, inclusion of stakeholder experien-

tial data linked to the work processes for the purpose of defining value, and an assemblage

of specifically designed tools that can be applied to produce breakthrough improvement in

financial and operational performance.

What Weekly Sparklines Could Add to Financial Statements

Daniel Tinkelman and Xinling Fan

“We demonstrate that adding graphs of weekly activity to traditional balance sheets and

income and cash flow statements would provide significantly enhanced information regarding

financial activity within the year to financial statement users.”

Finance and Accounting Professionals and Cybersecurity Awareness

John A. Pendley

In this article, the author shows how financial professionals can become involved in creating

more secure information technology (IT) environments. It is certainly beneficial to know

the facts surrounding large security breaches and to have a basic understanding of the con-

sequences of security problems. But accountants should move beyond that level of factual

knowledge and engage in proactive thinking about security issues in their organizations and,

ultimately, translate this thinking into actions that can help thwart cyber criminals. The ideas

presented in this article can be implemented by anyone in a managerial or administrative

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