Everything you need to know from CFO, here’s our Daily Roundup…
SEC Charges Attorney With Insider Trading Tied to Merger
Pennsylvania attorney bought shares prior to an insurance industry merger after learning about the deal from a legal assistant.
Would You Have Invoked the Disaster Recovery Plan?
Activating a disaster recovery plan isn’t an easy decision, as United Airlines and the New York Stock Exchange discovered.
Metric of the Month: Finance Function Costs
CFOs are skeptical about claims that process automation is the cure-all for excessive costs of the finance function.
Auitor Rotation May Actually Inhibit Skepticism
While enhanced skepticism is a key argument for requiring auditor rotation, a new report suggests that what really happens is the opposite.
>> David McCann
A&P Files Chapter 11 to Facilitate Store Sales
Struggling grocer has received “stalking horse” bids for 120 stores but no bidder has been willing to assume its liabilities.
Toshiba Inflated Profits With Bosses’ Knowledge
Internal probe finds profits were overstated by $1.2 billion amid a corporate culture of not going against the bosses’ wishes.
Lockheed Martin to Buy Sikorsky Aircraft for $9B
The Sikorsky deal and a “strategic review” of commercial and government businesses are part of a major reshaping of Lockheed under CEO Marillyn Hewson.
Fed Adopts Final Capital Buffer Rule for Banks
Central bank sees the Dodd-Frank mandate as a way for banks to “bear the costs that a failure would impose on others.”
Sales Drop at IBM for 13th Straight Quarter
IBM’s strong growth in cloud computing was offset by sharp declines in its legacy software and systems hardware businesses.
CFOs Daily Roundup: July 17, 2015
A collection of CFO.com’s articles and stories published on July 17, 2015
>> Kerry Maruna
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