CFOs: The New Patsies?

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Are finance chiefs the fall guys of the economic downturn? Although blame for the recent batch of finance and accounting mishaps has been widely spread among senior management -- not to mention outside auditors -- finance chiefs do seem to be getting more than their fair share of criticism.

The taint of being associated with a failing company represents a considerable career risk for a CFO. The issue for finance chiefs: how to manage the peril.

In ''To Pursue Other Interests,'' assistant managing editor David M. Katz looks at whether finance chiefs are taking the blame for a busted economy. In ''Power Bases,'' battle-scarred CFOs talk about managing risk when an employer starts heading south.

''To Pursue Other Interests''
Increasingly, CFOs seem to be taking the rap for poor corporate performance.
Power Bases
A CFO needs to be made of stern stuff to take on a CEO bent on aggressive revenue reporting.


You're Not CFO Material
Wondering whether you have what it takes? Here are ten signs that you're never going to make it to the big chair.
You Shouldn't Take the Job
Thinking about accepting that offer? Here are ten signs you'd be better off taking a pass.
Your Finance Department Is Second-Rate
Not certain how your finance department stacks up? Here are ten markers of mediocrity.
Squibb Kick: Did Bristol-Myers Boot its Finance Chief?
Shakeup continuing at health-care products maker. Also: Siemens gets new CFO for U.S. operations, and how are Andersen's partners faring at other companies?
The Turnaround Specialist
New CFO Laureen DeBuono has stepped into a hornet's nest at Critical Path. Good thing she knows a good lawyer.
Meet the New Boss
He's here to save your company. But don't expect miracles.

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