Corporate Finance: Page 153
-
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
Money-Market Fund Reform Down, Not Out
Corporate treasurers who oppose further money-market fund reform should refrain from cheering: the failure of Securities and Exchange Commission chair Mary Schapiro to push through new safety measures in August is not the last word from regulators.Confronted by opposition from other commissioners...
By Vincent Ryan • Oct. 8, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
Mind the GAAP Alternatives
For small, private companies, generally accepted accounting principles can be useful — up to a point. In particular, such companies may need to base their financial statements on GAAP in order to satisfy the needs of lenders and investors. But GAAP is generally too complex, onerous, and expensive...
By Kathy Hoffelder • Sept. 1, 2012 -
Explore the Trendline➔
Getty Images
TrendlineTop 5 stories from CFO.com
From CPA licensure changes to undergoing a digital transformation, these are the most popular stories CFOs are reading.
By CFO.com staff -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
Reining in the Spend
When Kristen Lampert took over the corporate-services department at Ziegler in 2010, she couldn’t afford to waste time and effort on inefficient processes. The unit, responsible for managing logistics, purchasing, and events for the specialty-investment bank, had been downsized to three full-time...
By David Rosenbaum • Sept. 1, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
Money Market Reform Fight Not Over Yet
Corporate treasurers who invest in money-market funds and were opposing further regulatory reform of the short-term cash vehicles should hold off on cheering. Last week’s failure by Securities and Exchange Commission chair Mary Schapiro to push through her proposals for additional safety measures...
By Vincent Ryan • Aug. 29, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
CFOs Push Customized Billing at Small Firms
To keep costs in check, a growing number of small and midsize businesses may soon be launching a customized approach to billing instead of relying on a subscription-based, flat-fee model, a recently released survey found.Activity-based billing, or pricing based on how customers use a product or s...
By Kathy Hoffelder • Aug. 21, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
How to Spend Too Much for Stuff You Don’t Need
Mark Verbeck, like many CFOs, was starting to feel like the bad guy, the guy who always said no.When he started working at Blade Network Technologies as CFO in 2008, the company, which makes networking software that lives inside blade servers, was a 50-person operation. Like many smaller business...
By David Rosenbaum • Aug. 9, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
Private Company Sales Growth Slows, Hits Annual Low
Sales increases at privately held companies continue to outpace the broader economy but have slowed in recent months, according to new data from Sageworks, a financial-information company. Average annual sales growth for U.S. private companies that filed financial statements within the past three...
By Mary Ellen Biery • Aug. 2, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
Have Cash, Won’t Spend
A majority of executives surveyed by the American Institute of Certified Public Accountants in the second quarter said their companies have enough cash or have increased their cash this year, but they remain reluctant to deploy it. Forty-three percent of the 1,250 senior executives in the AICPA B...
By Kathy Hoffelder • Aug. 1, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
EDI for the Small Business Masses
The Roestel family has been plumbing for a generation. 360 Plumbing, the family business in North Bend, Washington, does light commercial and some residential work. Its revenues have grown almost 50% the past two years. The operation consists of Nic Roestel, his father, his uncle (360’s president...
By David Rosenbaum • Aug. 1, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
How to Use Excel to Sell Gelato
A reader asks a question that calls for using Excel and a multiple regression. She writes, “I run a gelato stand. After 10 days of sales, I discovered that each day, I would either make a lot of money or nearly go broke. As I analyzed sales, I began to feel that temperature and rain might be tw...
By Bill Jelen • June 29, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
SMEs Warm to GAAP Alternatives
With GAAP still too complex and onerous for many small, private companies, some other financial-reporting alternatives are starting to look more appealing.“GAAP is not the end-all, be-all. There are other alternatives out there,” said Salvatore Collemi, quality control senior manager at accountin...
By Kathy Hoffelder • June 26, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
How to Reduce Resource Consumption
An article published recently by McKinsey advised companies to engage with suppliers to find new alternatives for reducing resource consumption, thereby improving resource sustainability and reducing costs. That concept has merit, but few suppliers would be willing to share the information necess...
By Shawn Casemore • June 26, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
Small Businesses Spend More Time on Taxes
Nearly two-thirds of small businesses surveyed by the National Small Business Association spent more than 40 hours on federal taxes last year, a 7% jump since the year before.Sixty-four percent of the 350 NSBA members surveyed said they spent more than 40 hours dealing with federal taxes in 2011,...
By Marielle Segarra • June 15, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
Show Us the Talent
A proposed standard for corporate disclosure of human-capital information has provoked mixed reactions from CFOs and analysts. But the group behind the standard, the Society for Human Resource Management (SHRM), believes that it can convince investors to demand such disclosure — and that companie...
By David McCann • June 15, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
New Board for Private GAAP
Finance chiefs of privately held companies will no longer be faced with the difficult and costly task of applying public accounting standards to their situations. In May, the Financial Accounting Foundation (FAF) established a new council to improve standard setting for private companies. The dec...
By Kathy Hoffelder • June 15, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
Private-Company CFOs Have Cash But Won’t Use It
Private-company CFOs surveyed by the American Institute of Certified Public Accountants said they have enough cash or have even increased their cash this year, but they remain reluctant to deploy it.Forty-three percent of the 1,250 senior executives in an AICPA Business and Industry Outlook Surve...
By Kathy Hoffelder • June 7, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
New Board Will Adapt GAAP to Private Companies
CFOs and their tax departments at privately held companies will no longer be faced with the difficult and costly task of applying public accounting standards to their situations. The Financial Accounting Foundation (FAF) today established a new council to improve standard setting for private comp...
By Kathy Hoffelder • May 23, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
Hidden State-tax Breaks Can Add Up for Small Cos.
As CFOs look to cut costs in all aspects of their operations, one often-overlooked area for savings is the hidden state-tax incentives available where they do business, not just where they’re headquartered.Take the benefits that can be found in designated areas that cater to disadvantaged youth a...
By Kathy Hoffelder • May 23, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
JOBS Act OKs Crowdfunding
In April, President Obama signed into law the Jumpstart Our Business Startups Act, also known as the JOBS Act. The legislation, which won overwhelmingly bipartisan support, makes it easier for small businesses to raise capital and go public (or stay private if they wish). But the section on crowd...
By Sarah Johnson • May 15, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
Speaking of Fraud
Corporate hotlines buzzed with a record-high percentage of fraud-related tips during the most recent quarter, according to a March report.The Network and BDO Consulting said that 21.6% of incidents reported during the fourth quarter in organizations’ hotlines and other reporting mechanisms were r...
By Sarah Johnson • May 15, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
Pension Pain
Underfunding of multiemployer pension plans may spell trouble for some employers this year, according to a new report by Credit Suisse.Under fair-value calculations, multiemployer plans — collectively bargained plans maintained jointly by groups of employers and labor unions whose members work fo...
By Marielle Segarra • May 15, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
FASB Disclosure Project Crawls Forward
The Financial Accounting Standards Board is inching toward a new position on requirements for financial-statement disclosures. Eventually, companies may be able to cut back on the redundant, often unnecessary notes they attach to financial data.That cutback may not come for some time, however. FA...
By Sarah Johnson • April 25, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
Auditors “Monkeying Around with Documents,” Top PCAOB Cop Says
Claudius Modesti, the director of the Public Company Accounting Oversight Board’s Division of Enforcement and Investigations, revealed yesterday that the PCAOB is running into resistance — and even evidence of tampering — by the accounting firms it regulates. “We’re facing a non-cooperation situa...
By Sarah Johnson • April 18, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
JOBS Act Lightens Exec Comp Disclosure Burden
The new Jumpstart Our Business Startups Act (JOBS Act), signed into law on April 5, significantly scales back and relaxes restrictions for so-called emerging growth companies under the Sarbanes-Oxley Act (SOX), the Dodd-Frank Act, and other securities laws. The EGCs generally include all companie...
By Andrew Liazos • April 17, 2012 -
Karpovich, Vlada. "Woman doing paperwork" [Photograph]. Retrieved from Pexels.
Averting Revenue-Recognition Angst
U.S. and international accounting-standards setters are sending project leaders around the world to soothe any remaining qualms about proposed changes to revenue-recognition rules.For the most part, companies now seem resigned to the changes. The first exposure brief on the matter, in late 2010, ...
By Sarah Johnson • April 15, 2012
Previous
