CFO.com: Accounting News

Accounting for Social Media

Mon, 13 Feb 2012 15:42:00 GMT

What are generally accepted accounting standards for Tweets?

Groupon CFO Defends Use of Non-GAAP Measures

Fri, 10 Feb 2012 09:56:00 GMT

Jason Child says Groupon provides these numbers to supplement GAAP metrics and help its investors better evaluate the company.

Say It Ain't So, Mr. CFO

Fri, 10 Feb 2012 18:27:00 GMT

In his first column, CFO Online's editor-in-chief recalls Diamond Foods's just-deposed finance chief during happier times.

Groupon's Use of Non-GAAP Measures Questioned

Thu, 09 Feb 2012 09:09:00 GMT

Groupon may be obscuring its losses and the nature of its cash flows by reporting non-GAAP accounting figures.

Censuring E&Y, PCAOB Hits Firm's Lack of Skepticism

Thu, 09 Feb 2012 09:16:00 GMT

The regulator has imposed its largest penalty, $2 million, on Ernst & Young over the auditor's review of a company's revenue-recognition practices.

IRS Sparks Confusion on Property Upgrades

Tue, 07 Feb 2012 22:33:00 GMT

New tax rules rekindle the repair versus improvement controversy.

Free Cash Profiles: Consumer Products

Fri, 03 Feb 2012 23:28:00 GMT

Tepid demand is putting a choke hold on the cash flow of consumer products companies.

Why The Big Three Put Too Many Cars on the Lot

Thu, 02 Feb 2012 15:07:00 GMT

Ford, General Motors, and Chrysler used "absorption costing" to make themselves look more profitable, researchers say. But the practice can be costly, and other companies may want to think twice before they follow suit.

FASB Change Could Trim Intangibles Tests

Thu, 02 Feb 2012 06:33:00 GMT

The standard-setter proposes simplifying compliance with an accounting rule in a way that could cut companies' valuation costs.

The Cost of Confidence

Thu, 02 Feb 2012 03:46:00 GMT

Two proposals aim to increase auditor independence, but may cause problems for CFOs.