SEC Planning to Loosen Auditor Independence Rules
On Monday, the SEC proposed changing the rules to keep auditor committees and auditors from spending time on "non-substantive" rule breaches.
CFO Departures 2019
From GE to Expedia, Red Hat to CSX, many companies saw changes at the CFO position last year.
CFO Magazine’s Most-Read Stories of 2019
Our most-popular articles reflected finance chiefs' top concerns during the decade's final year.
EY Partner Named New FASB Chair
“Rich Jones brings together all of the important qualities we were looking for in FASB’s next leader,” said FAF Chairman Charles H. Noski.
IASB Proposes Changes to Reporting of Profit and Income
The proposals represent "a game changer in the comparability and usefulness of financial statements," said IASB Chair Hans Hoogervorst.
CFOs: Braced for a Recession, But Hopeful
CFO are preserving cash in anticipation of rough times ahead. But they are also more optimistic about the domestic economy than they were three months ago.
GE Taps Maersk CFO to Head Finance
Carolina Dybeck Happe leaves Maersk after less than a year to take the most prestigious job in corporate finance.
Flurry of SEC Cases Disclosed
With its fiscal year-end looming, the SEC disclosed charges and settlements against seven different organizations in two days.
RSM Charged by SEC with Violating Auditor Independence Rules
The accounting firm agreed to a $950,000 penalty and to engage an independent consultant to evaluate its current quality controls.
Groupon Gets Its Fourth CFO In Four Years
Groupon's CFO Michael Randolfi announced he is resigning to pursue another opportunity. The company's CAO will serve as interim finance chief.
Ratings Service for Digital Offerings Charged by SEC
Russia-based ICO Rating failed to disclose that its "ratings" of initial coin offerings were actually paid promotions.