CFO Daily Roundup of August 10, 2015

A collection of articles and stories published on August 10, 2015.
Kerry MarunaAugust 11, 2015

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.

>> Matthew Heller


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.

>> Mary Driscoll


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.

>> Katie Kuehner-Hebert


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.

>> Matthew Heller


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.”

>> Katie Kuehner-Hebert


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.

>> Matthew Heller


CFO Daily Roundup of August 7, 2015

A collection of articles and stories published on August 7, 2015.

>> Kerry Maruna


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