Reflect on yesterday’s finance with the CFO Daily Roundup…
Consumer Borrowing Hits Record $3.4T
June data from the Federal Reserve suggest a healthy outlook for consumer spending in the second half of 2015.
Scrapping Your ERP Maintenance Contract
The ERP vendor’s maintenance agreement has long been considered a mandatory line item, but it may be time to give it a closer look.
>> Vincent Ryan
Metric of the Month: Close-to-Disclose Cycle Time
The top 25% of companies can finish the cycle of completing quarterly financials to the release of earnings per share in 12 days or less.
Buffett Makes Largest Deal Ever at $37.2 Billion
In acquiring Precision Castparts at a premium price, Buffett is betting that airlines will continue driving a boom in aerospace manufacturing.
Guggenheim Settles Disclosure Case for $20M
The SEC alleges the investment firm failed to disclose a conflict of interest arising out of a client’s loan to a Guggenheim executive.
Bitcoin Exchanges to Halt Services in New York
Kraken and Bitfinex are reacting to the state’s new regulatory framework requiring bitcoin businesses to pay $5,000 for a “Bitlicense.”
OSG Investors Settle Tax Debt Case for $16.2M
After nearly three years of litigation, the tanker company’s former CFO is among the defendants who agreed to settle securities fraud claims.
CFO Daily Roundup of August 7, 2015
A collection of CFO.com articles and stories published on August 7, 2015.
>> Kerry Maruna
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