Corporate Finance

Accounting and Finance Articles for CFOs

Get caught up on yesterday's accounting and finance articles with today's CFO roundup.
Kerry MarunaSeptember 10, 2015

Audit disclosures, the labor-market index, filing for chapter 11 and much more in today’s roundup…


Big Firms Expanding Voluntary Audit Disclosures

More companies are disclosing how they oversee external auditors and the audit committee’s involvement in the auditor selection process.

>> Matthew Heller


Labor-Market Index Suggests Continued Growth

The Conference Board said Tuesday its employment trends index increased to 128.82 last month from 127.64 in July.

>> Matthew Heller


Quiksilver Wipes Out With Chapter 11 Filing

The cash-strapped surfwear retailer plans to emerge from bankruptcy under the control of Oaktree Capital Management.

>> Katie Kuehner-Hebert


Accounting Rife with Estimates Haunted Toshiba

The Japanese conglomerate’s woes may have much to do with percentage-of-completion accounting.

>> David M. Katz


IRS Puts Cloud Over Yahoo’s Alibaba Spinoff

The company may have to choose between scrapping the spinoff or risking a huge capital gains tax bill.

>> Katie Kuehner-Hebert


Ex-Kit Digital CFO Accused of Accounting Fraud

Robin Smyth and the firm’s former CEO allegedly created a slush fund to make it appear Kit Digital was being paid for sales.

>> Matthew Heller


BDO to Pay $2.1Million Over Deficient Audits

The SEC alleges the big accounting firm ignored red flags in signing off on the financial statements of an employment staffing company.

>> Matthew Heller


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