Financial Reporting: Page 66


  • 5 signs you're about to run out of cash

    Cash is surprisingly hard to track, and knowing when it's about to run out is harder if you don't know the warning signs. 

    By Robert Freedman • Sept. 12, 2019
  • Former KPMG audit chief receives prison sentence for 'steal-the-exam' role

    A former 30-year KPMG executive was found guilty earlier this year of trying to give auditors a head's-up on which audits were to be reviewed by a federal regulator. 

    By Robert Freedman • Sept. 12, 2019
  • Trendline

    Top 5 stories from CFO Dive

    The disruption of the rules-based global order means CFOs need to adjust scenario planning to the prospect of higher capital costs and greater foreign exchange risks.

    By CFO Dive staff
  • Auditors' ears are always listening, consultant says

    Risk management encompasses all aspects of an operation, from the tone coming out of the C-suite to what finance staff say to auditors at dinner.

    By Robert Freedman • Sept. 11, 2019
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    Median corporate CFO compensation is $203K, study finds

    A comprehensive Robert Half study lets finance and accounting professionals know how they stack up. 

    By Jane Thier • Sept. 11, 2019
  • RSM US fined $950K for auditor independence violations

    Affiliates of the accounting firm provided services to affiliates of companies it was auditing, the SEC said.

    By Robert Freedman • Aug. 27, 2019
  • Moody's blasts FASB's proposed lease accounting delay

    A plan to give private companies and nonprofits an extra year to adopt new lease accounting standards will hinder credit analyses, analysts at Moody's say.

    By Robert Freedman • Aug. 20, 2019
  • GE misreporting finances by $38B, Madoff whistleblower claims

    The company denies improprieties and accuses the analyst of having a vested interest in creating short-term volatility in its stock.  

    By Robert Freedman • Aug. 15, 2019
  • Macy's CFO 'not pleased' with disappointing Q2 earnings report

    CFO Paula Price expressed optimism towards the future, but the company admitted it must overcome problems in forecasting and inventory management. 

    By Jane Thier • Aug. 15, 2019
  • SEC easing public companies' business disclosures

    Public companies have more flexibility in describing their business and the risks they face in proposed changes to SEC rules.

    By Robert Freedman • Aug. 13, 2019
  • Tariffs to cost maker of Saucony, Keds $5M, CFO says

    CFO Mike Stornant said the pull-forward began in reaction to previous tariff threats, with inventory rising 35% in Q2.  

    By Emma Cosgrove • Aug. 13, 2019
  • Auditors penalized for highlighting companies' weak internal controls

    Growth in one audit firm's business shrunk 8% after it exposed companies' weak controls.  

    By Robert Freedman • Aug. 13, 2019
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    DoorDash
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    DoorDash in search of $400M bank loan in advance of rumored IPO

    This new influx of funds could better prepare it to go public and strengthen investor confidence in the food delivery company.

    By Alicia Kelso • Aug. 13, 2019
  • Teva CFO resigns amid restructuring

    Michael McClellan's departure comes as the generics giant tries to turn around sagging sales and profits.

    By Jonathan Gardner • Aug. 7, 2019
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    IRS aims to curb ID theft with truncated Social Security numbers on W-2s

    Starting with returns filed after Dec. 31, 2020, executives can replace the first five digits of employees' Social Security numbers with Xs or asterisks.

    By Robert Freedman • Aug. 7, 2019
  • Amid rising corporate profits, workers demand more equitable compensation

    Weekly wages have increased by about 2.6% each year between 2008 and 2018, the U.S. Bureau of Labor Statistics found.

    By Jane Thier • Aug. 5, 2019
  • Opinion

    As simple as it sounds, just identifying your leases is the highest hurdle to new FASB standards

    CFOs of private companies don't have much time to comply with new lease accounting standards even if FASB extends the start date a year, as it has proposed.

    By Marc Betesh • Aug. 2, 2019
  • SEC hits Brixmor CFO, former REIT execs with $7M fraud fine

    Executives improperly manipulated same-property NOI reporting, subjecting their company to the SEC fine.

    By Robert Freedman • Aug. 2, 2019
  • FASB to delay lease accounting rules until 2021

    New lease accounting standards won't go into effect until 2021 for private companies in a FASB proposal that's expected to be adopted soon. 

    By Robert Freedman • Aug. 1, 2019
  • SmileDirectClub expected to file $1B IPO next month

    The company, which provides molds that consumers can apply to their teeth at home, recently raised $400 million.

    By Jane Thier • Aug. 1, 2019
  • What Facebook's $5B FTC settlement means for Zuckerberg, third parties and corporate structure

    The social network essentially had its data privacy standards set by "their most click-happy friend," said Gustav Eyler, director at the Department of Justice.

    By Samantha Schwartz • July 25, 2019