News

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.

While nearly two-thirds of 390 C-suite and board-level executives in 90 countries interviewed by PricewaterhouseCoopers LLP acknowledged having witnessed evidence of some form of corruption on their watch, only 22% expressed confidence that the risk management programs that their companies have in place are effective when it comes to identifying...

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.

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...

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...

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...