CFO Publishing Corp.

News & Analysis

accounting and cfo publishing corp. - All News and Analysis

• The People Who Count: With Too Few Accountants to Go Around, Companies Are Grabbing People Wherever They Can Find Them

  BNET - 2006-04-01

  Even though enrollment in accounting programs has risen over the past few years, the demand for CPAs currently outstrips supply by as much as 20 percent, and relief appears to be a long way off. If there is one bright spot, it may be that the turnover rates at public...

  Tags: Accounting, CFO Publishing Corp., Operational Accounting, Financial Services, Finance

• Background Checks: Worries About Personnel Integrity Are Creating a Few Worries of Their Own

  BNET - 2005-08-01

  In response to 9/11 and the rash of accounting scandals, companies have increasingly relied on background checks for prospective employees. Generally conducted by a third party, basic checks include checks for a criminal record; date, source, and subject of educational credits; and dates and places of prior employment. But more...

  Tags: Accounting, CFO Publishing Corp., Operational Accounting, Financial Services, Finance

• Finite Insurance: Beyond the Scandals

  BNET - 2005-04-14

  To accounting skeptics, finite insurance can look like a way for a corporation to retain risks without really retaining them and transfer risks without really transferring them. To be sure, there's little doubt that finite coverage can enable executives to spruce up their companies' financials if they can record the...

  Tags: Accounting, CFO Publishing Corp., Insurance, Financial Planning, Business Operations, Corporate Insurance, Finance

• MBIA to Restate Seven Years of Results

  BNET - 2005-03-10

  MBIA Inc. announced that it will restate its financials for the past seven years as a result of its accounting for two complex reinsurance agreements made in 1998 with Converium Re, previously known as Zurich Reinsurance North America. Reinsurance helps insurance companies lay off some of their risk on other...

  Tags: Accounting, CFO Publishing Corp., Financing, Reinsurance, Insurance, Operational Accounting, Financial Services, Business Operations, Corporate Insurance, Finance

• Hockey Fight: A Brawl Over Accounting Could Give the National Hockey League a Black Eye

  BNET - 2004-09-29

  Large, publicly held airlines and auto companies release audited financial statements that are difficult to dispute. Most hockey teams - and most sports franchises, for that matter - are privately owned and are not compelled to release such documents. Teams that are owned by publicly held entities, such as The...

  Tags: Team, Accounting, CFO Publishing Corp., NHL, Team Management, Financial Statements, Management, Financial Accounting, Finance

• Who's The Boss?: Shareholder Activists Want More Say In How American Companies Are Run

  BNET - 2004-09-01

  From the executive summary: ‘These days, shareholders have pumped up the volume considerably. Spurred by a slew of portfolio-punishing accounting scandals and angered by decades of corporate indifference to their requests, institutional investors have gone on the offensive, pushing agendas, and getting in the face of corporate executives.' The paper...

  Tags: Shareholder, Accounting, CFO Publishing Corp., Financial Accounting, Operational Accounting, Financial Services, Finance

• The Reality Of Real-Time Reporting

  BNET - 2004-06-10

  From the executive summary: ‘New, superfast 8-K rules under the Sarbanes-Oxley Act could spawn problems with mergers, loan covenants, and share prices.' The Sarbanes-Oxley Act of 2002 was enacted to streamline corporate governance and corporate accounting procedures in firms. It seeks to remove financial, ethical, and operational irregularities in organizations....

  Tags: Accounting, CFO Publishing Corp., Sarbanes-Oxley Act, Risk Management, Sarbanes-Oxley, Regulatory Compliance, Financial Services, Financial Planning, Regulations, Corporate Governance, Strategy, Operational Accounting, Government, Financial Accounting, Finance, Human Resources, Policies And Procedures, Business Operations, Corporate Law, Management

• Setting Revenue Recognition Standards

  BNET - 2004-05-17

  Global accounting standard setters are moving closer to crafting one set of comprehensive guidelines for how and when companies should report revenue, and have set the end of this year as a target date for publishing a draft, according to Reuters. The proposals being discussed between the Financial Accounting Standards...

  Tags: Revenue, Accounting, CFO Publishing Corp., Financial Accounting Standards Board, Standards, Operational Accounting, Revenue Recognition, Quality, Financial Accounting, Finance, Financial Services, Business Operations

• Control(ler) Issues

  BNET - 2004-01-01

  The Sarbanes-Oxley Act of 2002 was enacted to streamline corporate governance and corporate accounting procedures in firms. It seeks to remove financial, ethical, and operational irregularities in organizations. One of the provisions of the Act calls for inclusion of procedures for financial reporting in the internal control report of an...

  Tags: Accounting, CFO Publishing Corp., Sarbanes-Oxley Act, Sarbanes-Oxley, Regulatory Compliance, Financial Accounting, Regulations, Corporate Governance, Operational Accounting, Financial Services, Government, Finance, Human Resources, Policies And Procedures, Business Operations, Corporate Law

• The Foes Of Enforcement

  BNET - 2004-01-01

  From the executive summary: ‘Unlike the recent accounting scandals, which brought the world images of CFOs being led away in handcuffs, finance chiefs have not played a role in the mutual-fund scandals.' In the wake of several corporate scandals, a need was felt for streamlining the corporate governance and accounting...

  Tags: Accounting, CFO Publishing Corp., Mutual Fund, Scandal, Mutual Funds, Retirement Plans, Operational Accounting, Financial Services, Financial Accounting, Investment, Human Resources, Benefits, Finance