News & Information for Finance, Treasury, and Risk Management Professionals

FASB strikes again!

By Staff Writer

The Financial Accounting Standards Board (FASB) is considering requiring corporations to provide more details about pension plan allocations, including alternative investments. FASB says it is responding to shareholder demands for more transparency so they can better gauge portfolio risks.

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FASB strikes again!

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Taking the long-term view

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February 05, 2008

The Corporate Treasury--From Cost Center to Profit Center

Bristol-Myers Squibb Co.'s $275 million write-down on auction-rate securities partially collateralized by subprime mortgages was more than just the biggest loss by a nonfinancial company related to subprime investments: It has become the stimulus to reopen the debate on whether corporate treasuries should operate as a cost center or, on...

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January 23, 2008

Treasurers Are Stuck Between A Rate Cut and Recession

With the Federal Reserve cutting rates 75 basis points Tuesday morning and the probability of more cuts to come, corporate treasuries are scrambling to make sure their cash portfolios are positioned for a potentially wild rate ride downhill. The prospects of significantly lower rates raise questions about whether companies need...

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January 23, 2008

Some Companies Go an Extra Mile When it Comes to Financial Disclosure

When it comes to financial reporting, some companies are going beyond the call of duty. In a study of 2006 financial statements from the 100 leading U.S. companies, the Financial Executives Research Foundation (FERF) assembled dozens of examples of companies doing just that in the face of accounting rules that...

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January 08, 2008

TRIA Lives On

With only five days to go before the Terrorism Risk Insurance Act (TRIA) was set to expire at year's end, President Bush signed into law legislation that reauthorizes the federal backstop for another seven years. The legislation extends coverage for acts of domestic terrorism, in addition to foreign acts of...

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January 08, 2008

Improved Mental Health Parity Act in Limbo

After the House and Senate failed to agree on a few key provisions of the Mental Health Parity Act of 2007, Congress extended the existing 1996 law for one year until a compromise can be reached.

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January 08, 2008

Improved Mental Health Parity Act in Limbo

After the House and Senate failed to agree on a few key provisions of the Mental Health Parity Act of 2007, Congress extended the existing 1996 law for one year until a compromise can be reached.

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January 08, 2008