It’s back-to-school time, kids. But have you done your summer reading?
Will you arrive at work after Labor Day up-to-date on the world of finance? Did you keep up with the latest on backdating, pensions, FASB, and good old-fashioned water cooler gossip?
For your convenience, here’s what you might have missed between Independence Day and the start of the Labor Day barbeques:
Backdating
Check out our Today in Finance Archive for reports on all the companies that ran afoul of backdating this summer. And for more perspective on the scandal, see these stories:
•Defending Against Backdating Suits
•What Backdating Means For You
Pensions
President Bush signed the pension bill on August 17, but it may be too little too late. This week, DuPont became the latest company to cut its defined benefit pension plan. For more on pensions, check out our special report on “Pension Tension”.
FASB
The September issue of CFO magazine features a report on the Future of Financial Reporting. You can read it here on CFO.com, with special Web-exclusive material on whether fair-value accounting properly values your role as a financial manager. And here are highlights of what went on in Norwalk this summer:
•Fair-Value Champion Leaves FASB
•FASB, IASB Call for Lease Experts
•FASB Votes to Revamp Lease Accounting
•FASB Hoists Red Flags Higher for Taxman
Crime and Punishment
•Lay Innocent? No Way, Feds Say
•Lay’s Death Clears His Record
•Worldcom’s Sullivan Too Poor to Pay
•Sullivan’s Wife to Keep $2.2 Million
•“NatWest Three” Head to US for Trial
•Former Church CFO Indicted by FBI
Idle Chatter
• Phony Katrina Claim Costs CEO $100K
•Glassman: SEC Needs Lesson in Economics