PCAOB Revises AS2
A new version of the controversial auditing standard has gone to the SEC for review, CFO.com has learned.
CFOs on the Move
American Media, Discovery Communications, YouTube, A.C. Moore, Entegris, Voyager One, Financial Media Group, Sontra Medical, Osteologix, Republic Engineered Products, Aspen Technology, Cree, United Stationers, COPAN Systems, SiriComm.
Backdating Blamed on 1993 Tax Rule
Disturbed by the manipulation of option grants, Congress is toying with eliminating the $1 million tax cap on executive compensation.
European Companies Shave Time to Close
American firms still file their financial reports faster than Europeans, but the U.S. lead has been cut by two-thirds in the past three years.
CFOs on the Move
Dow Jones, Taser, Merkle, Advanstar Communications, Alpharma, SM&P Utility Resources, Tessera Technologies, Palladon Ventures, SaVi Media Group, UGI, Oco, Portola Pharmaceuticals, Modtech Holdings, Avici Systems, RWI Ventures, Belden, LogicalApps.
Backdating Sparks Bond Battle
Were bondholders right to hand a default notice to UnitedHealth just because the company's review of option dating delayed its quarterly filing?
Study: Talent Will Cost More
Hiring qualified employees could hit companies in the wallet in the coming year.
Bankruptcies at 20-Year Low
Both the number and the value of public company bankruptcy filings have plunged since 2001, reflecting both the health of the economy and continued access to inexpensive credit.
Overseas Gigs Shorter, But Not Cheaper
Companies are decreasing the time employees spend on overseas assignments, but that may not be the most effective way to cut costs, says KPMG.
Study: Supplier Diversity Doesn’t Cost More
Companies can invest in minority-owned suppliers without penalty.