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Today in Finance May 13, 2009

Hope Returning to Exec-level CPAs, with an Asterisk

CFOs, controllers, and other top-level CPAs say they're getting cheerier about the economy generally, yet their views on the time frame for a recovery haven't budged.

Leadership in Finance

Challenging financial times call for inspiring financial leaders. In this series, our editors ask CFOs how they have gone beyond cost-cutting to help their companies emerge from this recession stronger and ready to grow.

Features

  • A Cornucopia of Cost Cuts

    A no-stones-unturned attitude toward cost savings permeates companies' thought processes. May 8, 2009

  • PCAOB Knocks McGladrey on Loan-Loss Reserves

    The audit firms' oversight body found several deficiencies at seven of McGladrey's clients last year. May 8, 2009

  • SEC Top Cop Talks Tough

    In testimony before a Senate Banking subcommittee, the SEC's new enforcement director suggests a return to the immediate post-Enron era of big corporate penalties. May 7, 2009

  • Deloitte to Pay $1M in Beazer Suit

    A class-action lawsuit, settled earlier this week, says the audit firm should have considered the homebuilder's "make the numbers" culture to be a red flag as the housing market tanked. May 7, 2009

  • GAO: Cox's SEC Discouraged Corporate Punishment

    A GAO report says SEC staff under former Chairman Christopher Cox felt discouraged by the Commission from pursuing corporate penalties or from issuing subpoenas to corporations. May 6, 2009

  • Watch Out for the Expense-deferral Rule

    Corporate tax experts say the centerpiece of Obama's foreign tax reform proposal is the expense-deferral rule — and it will affect every multinational company. May 5, 2009

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