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Can This Relationship Be Saved?

Auditors and CFOs aren't the friends they once were, but they are working out their differences.

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Today in Finance May 31, 2008

Investors Smack Banks for Fair-Value Attack

Blame the subprime mess on your own bad investments, not on accounting, FASB's investor group says.

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New Video from CFO.com

The Right Compound The Right Compound video icon

David Elkins, CFO of AstraZeneca Pharmaceuticals, explains the pitfalls of mergers, and how to guard against a bad deal.

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Features

  • I Report, Therefore I Am?

    FASB and IASB join forces to seek public comment on the most basic elements of accounting — like what it means to be a "reporting entity." May 29, 2008

  • Wal-Mart's Michael Fung: Why Internal Auditors Make Good CFOs

    To really know what drives value for a company and understand its business processes, Fung says, there may be no better training ground than internal audit. May 20, 2008

  • Cablevision Goes "Sundancing"

    Will GE, Showtime, or Robert Redford spoil the tax-free treatment of the Cablevision-Sundance Channel deal? May 27, 2008

  • To Keep Key Staff, Act Like a Grandparent

    For CFOs, building relationships with high-achieving managers two levels down can help keep them on board and prepare the company for departures of department leaders. May 23, 2008

  • Big Four Make Big Plans for IFRS

    Each of the top-tier firms is, in its own way, getting involved in college curricula for global accounting. May 22, 2008

  • Army in Iraq Is No Paymaster

    Millions of dollars in Army payments made in Iraq and nearby countries, many in cash, have gone undocumented since 2001, says the Inspector General. May 23, 2008

  • CFOs Earn Low Marks as Class Instructors

    Their expertise may be in demand at business schools, but finance chiefs often fall flat unless they really work at it, professors say. May 28, 2008

  • Today's Tip: Stay Away from the SEC

    A new academic study finds that audit firms that are distant from SEC regional offices seem to face less enforcement. May 22, 2008

  • Spreadsheet "Worst Practices"

    Here's how finance executives abuse the most-useful of computer programs — and how to do better. May 14, 2008

  • CFOs on the Move: Week Ending May 30

    American Apparel, CDW, Sara Lee, Dollar Thrifty, Group 1 Automotive, Security Capital Assurance, Graco, Maidenform Brands, Blue Tulip, Clarient, NYSE Euronext, Readers Digest Association, Bank of New York Mellon. May 29, 2008

  • The Spies Who Come In with the Gold?

    The CIA and 15 other agencies are targeted for a corporate-style pay-for-performance plan by U.S. Director of National Intelligence Mike McConnell. May 21, 2008

  • Deals: A Little Geography Lesson

    In our M&A Roundup for the week ended May 25, no deal tops $1b, but smaller transactions touch all corners of the globe — mostly with U.S. interests on top. May 27, 2008

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- Reader Richard Archer in response to "Spreadsheet Worst Practices"

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