Corporate Finance

Finance and Accounting Roundup for Executives

Always a lot going on in finance, get the best news and insights at cfo.com. Be informed, get involved, shape the world.
Kerry MarunaOctober 19, 2015

What’s Going on in Finance Today?

 

Campaign fundraising/spending gets into the millions for Democratic candidates. Clinton and Sanders have spent nearly 90% of their funds raised in the third quarter. On the Republican side, Ben Carson raised $20.7 million and spent $14.2 million on fundraising costs and other fees. More on the story below, or click here.

CFOs who aren’t feeding their cyber risk budgets may be fostering weak security programs. If the IT safety employees are reporting to the CIO, who in turn reports to the CFO, security threats may not be reaching the finance chief’s ear. CFOs who are prone to put a hold on any project may miss important details about their company’s cyber security situation. Get the facts in the link below, or click here.

A Better Way to Do Ecommerce

A Better Way to Do Ecommerce

Learn how Precision Medical leveraged OneWorld to cut the cost of billing in half and added $2.5M in annual revenue.

More of the best news in finance right here, in the CFO roundup…

 

Audit Deficiencies Linked to M&A Surge

Nearly half of all fair value measurement audit deficiencies were linked to mergers and acquisitions in 2013, says an analysis of PCAOB data.

>> Matthew Heller

 

CFOs on the Move: Week Ending Oct. 16

Genworth, Madison Square Garden, TripAdvisor, Masonite, Akorn, Providence Service, Gordmans Stores, Power Solutions, Oncobiologics, Fairmount Santrol

>> Joan Urdang

 

Bankruptcies Stay Flat for Fourth Straight Quarter

A survey finds the downward spiral in corporate filings has leveled off, with mining and energy companies accounting for an increased percentage.

>> Matthew Heller

 

Aviation Sales Fuel Third-Quarter Profit for GE

Earnings of 29 cents a share beat analysts’ estimates but oil-related orders dropped sharply as customers continue to struggle with low oil prices.

>> Katie Kuehner-Hebert

 

Beware ‘Starving’ Cyber Risk Budgets, CFOs Warned

Board involvement in cybersecurity surges, according to a new study.

>> David M. Katz

 

U.S. Budget Deficit at Lowest Level Since 2009

The fiscal 2015 shortfall represents only 2.5% of the economy, reflecting increased collection of taxes and higher corporate profits.

>> Katie Kuehner-Hebert

 

Clinton, Bush Among Campaign Spenders

The Democratic leader for the White House and the GOP’s Bush have both spent nearly 90% of what they raised in the third quarter.

>> Katie Kuehner-Hebert

 

Want great insights from major companies in finance? Check out the CFO Whitepaper Library, click here.


 

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