A Humorous Look at a CFO's Top Duties

A recent story on AccountingWeb chronicled the rocky times at Microstrategy.

As an aside, The Motley Fool is at it again. The online pundit of finance and business-related issues has observed the latest goings-on at Microstrategy, and developed a list of the top five new duties of the recently appointed CFO.

They are (drum roll, please):

  • 5. Remove the company's 1999 annual report from the microwave,

  • 4. Hire Fawn Hall - shred, shred, shred,

  • 3. Strip stock-option wallpaper from office restrooms,

  • 2. Send e-apologies to existing shareholders, and

  • 1. Update resume.

You may like these other stories...

The Public Company Accounting Oversight Board (PCAOB) on Monday reminded auditors that they should continue adhering to the board’s existing standards when considering an organization’s ability to operate as a...
Exclusive: Lois Lerner breaks silenceIn her first press interview since the IRS Tea Party targeting scandal broke 16 months ago, ex-agency official Lois Lerner told Politico that employers won’t hire her, she’s...
Cybersecurity is no longer the domain of an organization's IT staff. It's moved to the boardroom, and in a big way. Accountants and financial managers may have been thinking it's just the province of the tech...

Already a member? log in here.

Upcoming CPE Webinars

Sep 24
In this jam-packed presentation Excel expert David Ringstrom, CPA will give you a crash-course in creating spreadsheet-based dashboards. A dashboard condenses large amounts of data into a compact space, yet enables the end user to easily drill down into details when warranted.
Sep 30
This webcast will include discussions of important issues in SSARS No. 19 and the current status of proposed changes by the Accounting and Review Services Committee in these statements.
Oct 21
Kristen Rampe will share how to speak and write more effectively by understanding your own and your audience's communication style.
Oct 23
Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.