May 2009 - Posts
-
In America and Europe, new rules are already running into stiff resistance-mostly from regulators themselves "You want to move at the point where people still have the memory of the trauma," Tim Geithner explained recently when asked about financial...
Read More...
|
-
The "simple" investment option may be more complicated than you think. See this year's 401(k) Special Report. So much for autopilot. Amid all the recent tumult in the 401(k) space, one area that plan sponsors may have thought was trouble...
Read More...
|
-
CFOs have to build teams and play on them. It isn't easy. Aside from the occasional coaching stint, most CFOs' Little League days are long past, but the lessons learned on those distant summer evenings may hold the key to their future success...
Read More...
|
-
Outraged by office politics? Frustrated by frozen pay? It may be time to be your own boss. "I had been on the corporate ladder for a while. I wanted more variety in life." And thus, ten years ago, John Stallabrass left his life as a finance...
Read More...
|
-
The company would have no limits on the amount of losses it could use to shave its taxable income, according to a report issued today. Amid the gloom of General Motors' looming bankruptcy and U.S. taxpayers' possible acquisition of 70% of...
Read More...
|
-
CIGNA, Zale, Cooper Tire & Rubber, Strategic Diagnostics, PPG Industries, GT Solar International, Mylan, Comverse Technology. Health-service company CIGNA Corp. has promoted Annmarie Hagan to executive vice president and CFO. She succeeds Michael...
Read More...
|
-
The international standard-setter presents its version of FAS 157, with just a few differences. In a long-expected move, the International Accounting Standards Board has proposed guidance for how companies should apply fair-value measurements to assets...
Read More...
|
-
The European Union lawmaker will get tough if member states don't go far enough in imposing new rules. The European Commission is gearing up to mandate compensation restrictions for financial institutions and all companies listed on stock exchanges...
Read More...
|
-
Now could be the time to re-evaluate outsourcing contracts. Shortly after news broke in January of accounting fraud at Indian outsourcer Satyam Computer Services, Manish Dugar, CFO at rival Wipro Technologies, launched his own crisis-management programme...
Read More...
|
-
Two of Ernst & Young's clients had to restate financial results after the accounting-firm overseer found departures from GAAP. Ernst & Young failed to note when two clients strayed from revenue-recognition rules, according to the latest inspection...
Read More...
|
-
Even longer hours, stakeholder pressure and hostile colleagues — CFOs trying to save ailing companies don't have an easy ride. Desperate times call for desperate measures — but desperation can also encourage innovation. In April, UK retailer...
Read More...
|
-
The fuel provider's CFO used a combination of good timing, conservative cash management, and a balance-sheet focus to avoid getting burned by rising oil prices and the falling economy last year. Ira Birns brought a treasurer mindset to the CFO post...
Read More...
|
-
Accounting bodies, regulators and other financial experts gather in London to bemoan political interference in the standard-setting process and to discuss a timetable for overhauling rules on valuing financial instruments. It is somewhat ironic, Harvey...
Read More...
|
-
Can a $19 billion spoonful of sugar help doctors swallow the cost of going digital? There is a ray of hope for CFOs who would like to upgrade the condition of corporate health-care plans from "critical" to "stable." Boosted by a substantial...
Read More...
|
-
Europe's smaller firms are coping fairly well with the recession, in spite of their banks' reluctance to increase lending. Not much about Die Königliche Porzellan-Manufaktur, a royal porcelain factory, has changed since it was taken over...
Read More...
|
-
As the dust starts to settle, which banks deserve the most plaudits? Trying to work out which banks are the world's best is a bit like awarding the prize for prettiest war-torn village. It is a title that carries little kudos. It is also likely to...
Read More...
|
-
You may be able to squeeze more out of your IT budget than you realize. You've outsourced, you've consolidated data centers, you've decided that the usual three-year PC refresh cycle can be stretched to four years. All well and good, but what...
Read More...
|
-
As the volume of intellectual property soars, so do efforts to maximize IP's profit potential. In hard times, finance chiefs extract value from every asset in sight. But what about the assets they can't see, like copyrights, patents, and trade...
Read More...
|
-
For the hotel company's CFO, it's much more important now to have a stash of cash than to rake in the revenues. These days, a good night's sleep can be hard to come by for a CFO in a precarious industry like the hotel and time-share business...
Read More...
|
-
The international standard-setter will add two U.S.-based analysts this summer. Two of the four U.S. representatives on the International Standards Accounting Standards Board will represent investors, beginning this summer. IASB's trustees announced...
Read More...
|
-
Hasbro, Korn/Ferry International, Harrah's Entertainment, Lennox International, Orthovita, Network Solutions, TLC Vision, Acorn Media Group, Cobalt International Energy, Optical Society of America, SRA International. Deb Thomas, senior vice president...
Read More...
|
-
India still reigns supreme as the premier offshoring location, but finance chiefs have a growing number of options. India's offshore service providers have had a tough year. With 40% of their business coming from the battered financial services...
Read More...
|
-
In this economy, an NBA CFO has to make all the right moves. An interview with Charlie Mierswa, SVP and CFO, New Jersey Nets. Charlie Mierswa is all over the court — or, more accurately, the arena. He's talking with fans, backslapping security...
Read More...
|
-
Under a proposed law, all government agencies that require corporate reporting — not just the SEC — would have to collect and disseminate financial data with XBRL tags. Legislation proposed last Friday holds the potential to quicken and...
Read More...
|
-
With other breaks coming under pressure, companies are showing renewed interest in a lucrative but little-used tax structure that involves setting up a shell company to which it can funnel export revenues. President Obama's proposed limit on the tax...
Read More...
|
More Posts Next page »
|
|
|