Accounting/Financial Reporting
May 1, 2008
Rules of Engagement
By David Corrado
Decoding the 25,000 pages of FASB rulings is not a task for the faint of heart. But plans to distill the information into a single-source Web-based document should make the job a lot easier
Restatement Redux
While the number of corporate restatements soared in 2006, only a small percentage for fraud
April 1, 2008
Mind the GAAP
As the SEC presses for accelerated acceptance of IFRS as a GAAP alternative, many financial executives fear a hasty move could be as problematic as the rush to adopt SOX . But not United Technologies
February 19, 2008
FASB strikes again!
The Financial Accounting Standards Board (FASB) is considering requiring corporations to provide more details about pension plan allocations, including alternative investments. ...
February 5, 2008
Taking the long-term view
Most CFOs want to abolish quarterly guidance pronouncements, according to a recent survey. That's not surprising since most companies can't even get their annual in-house forecasts right.
February 1, 2008
Audit Busters
Not every management is throwing up its hands and assuming they will not see savings from AS5 this year. Alfa Corp. ...
GAO Says Four Accounting Firms is Enough
Even though the four largest accounting firms continue to audit almost all large public companies, concentration in the marketplace poses no immediate threat to fee competitiveness, the ...
December 28, 2007
This CFO Never Sleeps
Three CFOs from some of the largest and most high profile companies around—Citigroup, Home Depot and Intel—share their thoughts on how finance can help steer a company’s strategy through ...
Is the SEC Nervous?
The SEC postpones Sarbanes-Oxley implementation for small businesses another year, taking time out to again reevaluate Auditing Standard 5
PCAOB Seems to Have Teeth
The Public Company Accounting Oversight Board takes Deloitte & Touche to task for errors in Ligand Pharmaceuticals audit