Finance Function 2019: Fewer Functionaries, More Strategists
Heading into the new year, technology is starting to wipe out lower-level number crunchers in favor of mid-level team members focused on strategy.
The Dark Side of Accounting Expertise
For top executives, managerial experience at an auditing firm is not necessarily a virtue, especially among those who are highly paid, a study finds.
More Accounting Woes Delay Toshiba Results
New CEO Masashi Muromachi says he will consider resigning if the new Sept. 7 reporting deadline is not met.
Toshiba Inflated Profits With Bosses’ Knowledge
Internal probe finds profits were overstated by $1.2 billion amid a corporate culture of not going against the bosses' wishes.
Ex-CEO Fined $545,000 for Inflating Company’s Value
The former chief of TelWorx Communications falfsified earnings and revenue in the runup to an acquisition, the SEC says.
Accounting-related Securities Class Actions Climb 47%
Class-action lawsuits involving restatements of financials also reached a seven-year high in 2014, according to Cornerstone Research.
Why CFOs Need to Care About Accounting
Something is sure to go wrong in the manual process of validating accounts and transaction balances for compliance purposes. Will your systems catch it?