CFO Publishing Corp.

News & Analysis

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

• Revenue Recognition: Barter Transactions

  BNET - 2006-06-02

  Should exchanges or barter (non-monetary exchanges, that is no cash or cash equivalents are exchanged) transactions of products or services be recorded as revenues and expenses? The basic issue is whether the earnings process has been completed. Measurement is the next issue: Should revenue and expense be recognized at the...

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

• Selling Finance: How Sales Teams Are Learning the Finer Points of Revenue Recognition

  BNET - 2006-05-08

  Educating salespeople on acceptable structures is fast becoming a necessity as regulators crack down on questionable sales practices and irregularities in booking revenue. CA, for example, has been embroiled in an accounting scandal that involved improper booking of $2.2 billion in revenue. Six executives, including the former head of worldwide...

  Tags: Revenue, CFO Publishing Corp., Qwest Communications Inc., Sales Team, Sales Strategy, Operational Accounting, Revenue Recognition, Sales Force Management, Sales, Finance, Financial Services

• 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

• Overexposed

  BNET - 2006-04-01

  In a technical-advice memorandum, the Internal Revenue Service IRS states that transactions are taxable if the executive lends company shares to the entity that arranges the deal. As it turns out, these entities - banks or other financial institutions - typically sell the stock short to hedge their own exposure....

  Tags: CFO Publishing Corp., Internal Revenue Service, Taxes, Free Trade, Financial Services, Financial Planning, Finance

• Days of Delinquency

  BNET - 2006-03-13

  The metric known as "Days Sales Outstanding" DSO, a gauge of credit-collection efficiency, is at a 10-year low for U.S. corporations - and that's good news. To many, a low DSO means that a company is collecting its outstanding receivables quickly, and a downward trend suggests that the credit-collections process...

  Tags: CFO Publishing Corp., Sales Strategy, Financial Services, Marketing Research, Sales, Marketing

• 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

• Banking Time: Paid-Time-Off Banks Make Managing Absences Easier

  BNET - 2005-10-13

  PTO banks - which combine vacation days, sick leave, personal days, and, in some cases, holidays, into one lump of time that employees can use for any reason - are gaining popularity with employers. Many CFOs favor PTO banks because they help trim the liability their companies are required to...

  Tags: Absence, Bank, CFO Publishing Corp., Banking, Financial Services

• Trade-Credit Insurance: Balm for Bankers

  BNET - 2005-09-29

  Although cross-border trade has been a fact of business life for centuries in Europe, many executives there harbor a mistrust of foreign receivables. In the United States, CFOs have historically used other methods to reduce the risk associated with receivables. Some companies self-insure against bad debt. Others lessen their exposures...

  Tags: Receivables, CFO Publishing Corp., Financial Services

• Who's Minding the Shop?: Keeping an Eye on Web-Surfing Employees

  BNET - 2005-09-14

  Outside of breathing, it's hard to find any activity that 9 out of 10 employees do on a regular basis. Workers who spend two hours a day going online for personal pursuits are spending two hours less each day doing work. Of the group who told Websense they use company...

  Tags: Web, CFO Publishing Corp., Websense Inc., Channel Management, E-mail, Banking, Marketing, Online Communications, Financial Services

• Smarter Insurance Shopping

  BNET - 2005-08-11

  Changing insurance carriers isn't a decision most CFOs can breeze through. In a market that continues to soften, many companies can save money by switching insurers, but in doing so they can also ensnarl their borrowing resources and tie up their risk managers. A company that buys a policy including...

  Tags: CFO Publishing Corp., Insurance Company, Risk Management, Insurance, Financial Planning, Financial Services, Business Operations, Corporate Insurance, Finance