CFO Publishing Corp.

News & Analysis

cfo publishing corp. and financial accounting - All News and Analysis

• Critics Pan New Financial Statements

  BNET - 2009-04-24

  A long-planned overhaul of financial statements gets a rough reception from preparers at its initial unveiling, particularly from banks. Meanwhile, a survey says a large majority of CFOs don't even know about the proposal. It's been called the most dramatic overhaul of financial statements since the cash flow statement was...

  Tags: CFO Publishing Corp., Financial, Financial Statement, Financial Statements, Financial Accounting, Financial Planning, Finance

• Huge Changes In Store For Financial Statements

  BNET - 2009-01-30

  A balance sheet that doesn't balance? Financing and operating classifications that depend on your company type? A gulp cash-basis income statement? Well, not quite. But accounting standards-setters are online and on the road urging investors and companies to weigh in now on a proposal to radically alter financial statements. And...

  Tags: CFO Publishing Corp., Financial, Financial Statement, Financial Statements, Financial Accounting, Financial Planning, Finance

• Calming the Waters: What Happens When the CEO and CFO Just Don't Get Along?

  BNET - 2006-04-01

  A study by executive recruiting firm Korn/Ferry International, which was based on data collected on some 500,000 executives, suggests that CFOs may find chief executives to be stubborn, arrogant, and manipulative, while CEOs may find finance chiefs to be rigid and risk-averse. So it's no wonder that so many finance...

  Tags: CFO Publishing Corp., Financial Accounting, Finance

• Better Performance Reporting and Analysis

  BNET - 2006-02-21

  A forward-looking and analytical view - the ability to conduct what-if analyses, for example - goes to the heart of much of what finance and business unit managers need to manage their companies amid increasing competition, regulatory oversight, and higher investor and board expectations. Executives need to be able to...

  Tags: CFO Publishing Corp., Performance, Analysis, Corporate Governance, Financial Accounting, Performance Management, Business Operations, Corporate Law, Finance, Human Resources, Workforce Management

• Finance Costs Rising: A Blip, or a Trend?

  BNET - 2005-12-01

  While the costs of complying with Sarbanes-Oxley have been well-documented, new research from The Hackett Group casts them in a particularly dark light: for the first time in 13 years, the cost of finance measured as a percent of revenue has gone up, not down. Although finance departments have successfully...

  Tags: CFO Publishing Corp., Blip, Financial Accounting, Finance

• Finance is From Mars, HR is From Venus

  BNET - 2005-11-18

  In the classic corporate paradigm, human-resources heads are the "People" people who want to make employees happy, CFOs are the "Numbers" folks who just want to cut costs, and the twain never meet. Under the pressure of higher compensation and benefits costs, however, the twain are increasingly coming together in...

  Tags: Human Resources, CFO Publishing Corp., Financial Accounting, Finance

• FASB Chips Away at Revenue Recognition

  BNET - 2005-11-07

  A survey of the Financial Accounting Standards Board's advisory group, the Financial Accounting Standards Advisory Council, identified revenue recognition as FASB's top issue for the fourth consecutive year. The United States has no general-accounting standard on revenue recognition. Practices have developed for certain industries and for certain transactions, but answers...

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

• Striking a Balance: Can Finance Departments Be Cost-Effective and Smart at the Same Time?

  BNET - 2005-11-04

  In the decade-long marathon known as "Finance transformation," CFOs have been chasing two goals. One is efficiency: the routine work of finance - from paying vendors to making reconciliations - should be done centrally and cheaply. The other is business analysis: the finance professionals who work in the business units...

  Tags: CFO Publishing Corp., Financial Accounting, Finance

• A Trade Secret Comes to Light, Again

  BNET - 2005-11-01

  Trade-credit insurance has been around since the Civil War, but it never really caught on in the United States. Now, as a result of globalization and other economic factors, CFOs are rediscovering this antique finance tool - and putting it to good use. Some use it simply to expand their...

  Tags: CFO Publishing Corp., Trade-credit Insurance, Sales Strategy, Globalization, Sales Force Management, Financial Accounting, Sales, Strategy, Management, Finance

• Automation and Sarbanes-Oxley Compliance

  BNET - 2005-10-18

  Most companies are anxious for business unit managers to assume accountability for Sarbanes-Oxley compliance. Yet, they also realize that the biggest pain points in the compliance process - and the biggest opportunities for achieving savings and greater efficiency - lie not in the scramble for better documentation that they focused...

  Tags: Sarbanes-Oxley Compliance, CFO Publishing Corp., Sarbanes-Oxley Act, Automation, Sarbanes-Oxley, Regulatory Compliance, Regulations, Government, Financial Accounting, Finance, Human Resources, Policies And Procedures