Wexner Sells 55% of Victoria's Secret for $525M
Wexner Sells 55% of Victoria's Secret for $525M

CFO Magazine · 20 Feb

Leslie Wexner's L Brands company is selling its controlling stake in Victoria's Secret to private equity firm Sycamore Partners for...

Barr Questions Lawsuit Immunity for Tech Firms
Barr Questions Lawsuit Immunity for Tech Firms

CFO Magazine · 20 Feb

A 1996 law that protects operators of online platforms from liability for user-posted content may no longer be necessary, the attorney general says.

Diageo Fined for 'Overshipping' to Meet Targets
Diageo Fined for 'Overshipping' to Meet Targets

CFO Magazine · 19 Feb

The SEC says the liquor company misled investors that it was achieving growth in key performance indicators through normal customer demand.

Embracing Higher Deductibles Can Be Smart Risk Management
Embracing Higher Deductibles Can Be Smart Risk Management

CFO Magazine · 17 Feb

Human psychology can cause us to act against our own interests. For example, we want to insure against things that...

Huawei Hit With New Charges; CFO Named as Defendant
Huawei Hit With New Charges; CFO Named as Defendant

CFO Magazine · 14 Feb

U.S. prosecutors have charged the Chinese tech giant Huawei with racketeering and conspiracy to steal trade secrets.

Newspaper Publisher McClatchy Files for Bankruptcy
Newspaper Publisher McClatchy Files for Bankruptcy

CFO Magazine · 13 Feb

Newspaper publisher McClatchy Co. has filed for Chapter 11 bankruptcy protection as it seeks to restructure more than $700 million...

More Companies Are Opting for Hedge Accounting
More Companies Are Opting for Hedge Accounting

CFO Magazine · 6 Feb

Early adopters of the new hedge accounting standard that took effect for public companies' 2019 fiscal years drove an uptick...

6 Potential M&A Targets For Tesla
6 Potential M&A Targets For Tesla

CFO Magazine · 6 Feb

The last few weeks, it seems like everyone has wanted to buy shares of Tesla, which has been on a run...

Key Steps to the Lease Accounting Close
Key Steps to the Lease Accounting Close

CFO Magazine · 27 Jan

To comply with the new lease accounting standards, organizations have had to implement new business processes, new organizational structures, and...

Why Some of Today's Corporate Powerhouses May Not Survive
Why Some of Today's Corporate Powerhouses May Not Survive

CFO Magazine · 16 Jan

This article is part of an 11-part series titled "Tesla, Elon Musk, and the EV Revolution" by investment manager Vitaliy...

5 Categories of Finance Competencies for 2020
5 Categories of Finance Competencies for 2020

CFO Magazine · 16 Jan

The skills gaps that corporate finance leaders have been grappling with for some time will stand out even more in 2020...

BlackRock CEO: Climate Change is Causing a 'Fundamental Reshaping of Finance
BlackRock CEO: Climate Change is Causing a 'Fundamental Reshaping of Finance

CFO Magazine · 14 Jan

Global asset manager BlackRock said climate risk is compelling investors to reassess core assumptions about finance and pledged to change its investm

Yum Brands to Buy Habit Burger Grill
Yum Brands to Buy Habit Burger Grill

CFO Magazine · 6 Jan

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Travelex Services Shut Down by Malware Attack

CFO Magazine · 3 Jan

Travelex said it had taken down its site to contain a malware attack that began New Year's Eve.

Total Cost to Perform the Finance Function: Metric of the Month
Total Cost to Perform the Finance Function: Metric of the Month

CFO Magazine · 2 Jan

The beginning of a year is a great time to evaluate the effectiveness of the finance function and the role...

3 Considerations for New Cloud Computing Accounting Rules
3 Considerations for New Cloud Computing Accounting Rules

CFO Magazine · 26 Dec

In their next fiscal year companies must begin to capitalize certain costs associated with deploying cloud software.

DraftKings to Go Public Through Blank Check Deal

CFO Magazine · 23 Dec

DraftKings said Monday it will go public through a three-way “blank check” merger as it seeks to capitalize on the spread of online sports betting in

MetLife Fined $10M Over Annuity Accounting
MetLife Fined $10M Over Annuity Accounting

CFO Magazine · 19 Dec

The SEC says the insurer failed to maintain a sufficient system of internal controls, resulting in an improper release of annuity reserves.

PayPal Sues CFPB Over "Confusing" Prepaid Card Rules
PayPal Sues CFPB Over "Confusing" Prepaid Card Rules

CFO Magazine · 16 Dec

PayPal has filed a lawsuit against the Consumer Financial Protection Bureau over regulations that require the company to guarantee consumer...

Finance Matchmakers

CFO Magazine · 11 Dec

As finance and accounting embraces the gig economy, solo practitioners have more online options to find prospective clients and land lucrative engage

Digital Rework Brings Overdue Innovation to Accounting
Digital Rework Brings Overdue Innovation to Accounting

CFO Magazine · 10 Dec

The storied history of accounting has undergone three disruptive innovations.

4 Ways for Finance to Partner With the Business
4 Ways for Finance to Partner With the Business

CFO Magazine · 4 Dec

When Jason Lin had his first staff meeting after joining software company Centage as its CFO last May, he presented four bullet points. They represen

Uber Forms New Unit to Push Financial Products
Uber Forms New Unit to Push Financial Products

CFO Magazine · 30 Oct

Uber is moving deeper into payments technology, launching a new unit to bring financial services including “instant pay” to drivers.

MGM Strikes Deals for Two Las Vegas Properties

CFO Magazine · 16 Oct

MGM Resorts International and Blackstone Real Estate Income Trust are forming a joint venture that will buy MGM’s Bellagio real estate and lease it b

Comscore Fined $5M Over Accounting Fraud
Comscore Fined $5M Over Accounting Fraud

CFO Magazine · 25 Sep

The data analytics giant's former CEO allegedly improperly recognized revenue from non-monetary transactions to beat Wall Street estimates.

Has Non-GAAP Reporting Become an Accounting Chasm?
Has Non-GAAP Reporting Become an Accounting Chasm?

CFO Magazine · 23 Sep

Aggressive use of non-GAAP numbers is creating a crisis in how investors, analysts, and the media report financial performance and value companies.