Is ‘Radical Transparency’ the Way to Go?
The everything-in-the-open concept, popularized by hedge fund billionaire Ray Dalio, can work well for some organizations but is a poor fit for others.
Germany Fines Facebook for Understating Complaints
German officials say Facebook presented a "distorted picture" of the extent of illegal content, including hate speech, on its platform.
Poor Nonfinancial Reporting Tests Investors’ Trust
Many senior finance executives admit that the public has a low level of trust in large companies, often because of nontransparent reporting.
How to Overcome Obstacles to Strategy Execution
The finance department must play a central role in surmounting challenges to successful implementation of strategic priorities.
Fed Proposes Additional Stress Test Disclosures
Regulators are seeking to give banks more information about the testing process without enabling them to game the system.
Senators Urge Making PCAOB Hearings Public
Sens. Jack Reed and Chuck Grassley say the secrecy of board disciplinary proceedings is keeping critical information from investors.
Why Workday Adopted New Revenue Recognition Rules Early
CFO Robynne Sisco explains the reasons the company opted, unlike all but a few others, to be an early adopter of the new revenue recognition standard.
Report Sees Faults in Fed’s Bank Stress Tests
A watchdog says the Fed needs to disclose more about how it assesses whether banks would maintain sufficient capital in a future crisis.
Bankers Question Legality of Fed’s Stress Tests
Financial industry leaders say the tests may violate a law requiring transparency in government rulemaking.
SEC Seeks to Boost Resource Extraction Disclosure
A proposed rule would require oil, gas, and mining companies to disclose payments made to the U.S. and foreign governments to help develop resources.
Etsy Avoids Disclosure With Irish Tax Haven
The company's Irish subsidiary no longer has to report basic financial data or the amount of tax it will pay.