CFO

Practice Management

Pay Me the Money: Improving Collection Rates Step-by-Step

Blame it on a tough economy. Your clients aren't making money, so they aren't paying you. Yet, you're still cranking out their tax returns and other work for them hoping things will improve and that you'll eventually collect the hard-earned money you deserve. This may seem like tough love, but your firm isn't a charity.
AccountingWEB Life

Accounting Jobs Are Safe in Current Economy

More than 90 percent of CFOs say they expect to maintain current levels of staff accounting positions for the second quarter of 2012. Here are the questions controllers should be asking themselves to make sure their staffing decisions are correct.
Education & Careers

Nine in Ten CFOs Say Work Experience Important for College Grads

College students take note: Prior work experience may be a requisite for getting your foot in the door with employers, a new Accountemps survey suggests. Nine in ten (91 percent) CFOs interviewed said it is important for entry-level accounting and finance professionals to gain practical experience while in college.
Practice

AICPA Panelists Examine Economic Outlook Survey Findings

AICPA Business and Industry Economic Outlook Survey measured nine components All nine components showed modest improvement in the fourth quarter Survey revealed increased optimism that the US economy will improve in 2012 AICPA Webcast, "Looking Ahead to 2012: Progress of Paralysis?" covering the survey to be made available
A&A

AICPA panel addresses economic data and what it means for CPAs

Panelists in a recent AICPA Webcast were invited to take a close look at the pessimistic conclusions of the CPA Outlook Index for the third quarter, and consider what it could mean for CPAs and their clients.
A&A

A move toward separate accounting standards for private companies begins

For all those private companies frustrated with being forced to spend $25,000 on a valuation of intangible property or goodwill, or spending hours drafting disclosures that users may not read, or being burdened with a myriad of other financial reporting responsibilities, there may be some relief on the way.
A&A

Accounting and finance professionals seem glum about the economy

Recent survey results show accounting and finance pros paint a depressing picture of the U.S. economy including 70 percent who lack confidence in the strength of the economy.
Tax

CFOs speak out on economy, health care, wages, and benefits

In a national biannual survey of U.S. Chief Financial Officers and senior comptrollers conducted by Grant Thornton LLP, 54% of respondents say the best way to reduce the U.S. federal deficit is to reduce spending.
Tax

CFO survey: U.S. leads Europe in economic, business confidence

Chief Financial Officers in the United States lead CFOs in Europe in optimism, access to credit, and plans for hiring new workers, according to a recent survey. Despite their differences, U.S. and European CFOs share some of the same business challenges and economic worries as they kick off 2011.
Education & Careers

Survey: Executives face greater job demands today than five years ago

More than 80 percent of chief financial officers recently interviewed said they believe it’s more difficult to be a company leader today than it was five years ago.
Practice

Business confidence remains high among CFOs; recruiting challenges rise

A net 2 percent of chief financial officers interviewed for the Robert Half Financial Hiring Index said they plan to hire full-time accounting and finance professionals in the first quarter of 2011.
A&A

Deloitte CFO Vision Poll: Midterm elections improve business outlook

Despite the fact that more than 70 percent of chief financial officers at Deloitte's annual CFO Vision conference believe current government financial policy has either had no effect or negatively impacted their business, the tide is turning toward a more positive outlook.
Education & Careers

CFOs cite integrity as most important trait for future leaders

A strong moral compass can give high-potential managers a leg up the career ladder, according to the results of a recent survey.
A&A

Survey: Consulting work enables CFOs to stay active

They may be ready to hand over the keys to the company car, but chief financial officers aren’t ready to hit the golf course full time. For this segment of the workforce, a career in consulting holds some appeal.
A&A

Survey: CFOs most concerned with rising health care costs

Financial executives have many issues on their minds, but topping the list are curbing rising health care costs and keeping other expenses in check, according to a recent survey from Robert Half Management Resources.
A&A

A day in the life of... an interim CFO

Marc Palker, director at CFO Consulting Partners LLC in Princeton, NJ, has been working as an interim CFO since 1996.
A&A

Budgeting survey discloses causes of CFO headaches

Centage Corporation and The Institute of Management & Administration (IOMA) conducted a Budgeting Survey to examine difficulties faced by CFOs related to budgeting, planning, forecasting and reporting.
A&A

CFOs confidence on the rise, albeit modestly

A year has made a substantial difference in the practices and mindset of Chief Financial Officers as they continue to lead their companies out of one of the most difficult periods in global financial history.
A&A

Where is your climb going? CFOs discuss what it takes to reach the top

To explore the nature and background of the CFO position, several CFOs from well-known organizations were asked about the steps needed to reach the top.
A&A

SEC opens broad inquiry into accounting for repurchase transactions

Chief financial officers from 24 financial institutions received a Dear CFO letter from the chief accountant of the SEC last week asking for detailed information about their accounting for repurchase agreements.

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