Accounting and Finance Articles for CFOs from 8.14.2015

A collection of CFO.com articles and stories published on August 14, 2015.
Kerry MarunaAugust 17, 2015

This edition of the CFO Daily Roundup has all CFO articles from August 14, 2015…


 Ex-SAP Exec Accused of Panama Bribery

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The executive arranged large discounts to a corporate partner ‘in order to generate a cash pot to bribe government officials and win business for SAP.’

>> Matthew Heller


StumbleUpon Planning to Lay Off 70% of Workers

The content curation platform failed to land additional funding.

>> Matthew Heller


CFOs on the Move: Week Ending August 13

Church & Dwight, Shutterstock, Republic Airways, FLIR Systems, Cepheid, Endurance International, American Axle, U.S. Concrete, Press Ganey, Electro Rent.

>> Joan Urdang


Auto Industry Boosts Manufacturing Output

Industrial production was up 0.6% in July but the manufacturing sector as a whole rose only 0.1%.

>> Katie Kuehner-Hebert


Goldman Sachs Gets $16B in Deposits From GE Capital

The acquisition of GE’s online banking unit gives Goldman a cheap source of funding as it becomes more of a universal bank.

>> Katie Kuehner-Hebert


Etsy Avoids Disclosure With Irish Tax Haven

The company’s Irish subsidiary no longer has to report basic financial data or the amount of tax it will pay.

>> Katie Kuehner-Hebert


FTC Tackles Meaning of ‘Unfair Competition’

For the first time, the agency outlines how it will use its unfairness powers under antitrust law but a GOP commissioner dissents.

>> Matthew Heller


Goldman Sells Last Physical Commodity Asset

The sale of a Colombian mining operation at a steep loss completes Goldman Sachs’ exit from the commodity business after nearly 35 years.

>> Matthew Heller


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