Most Clicked SmartBrief for CFOs Stories
1. 5 questions on making employees, customers happier
SmartBrief for CFOs | May 25, 2012
Nearly half of employees don't trust their leaders, writes Shannon Alter, who offers five questions to help companies realize where they stand in keeping employees engaged and happy. These questions include "Does top management exhibit genuine concern for employees' well-being?" and "Do employees feel their work is valued?" SmartBrief/SmartBlog on Leadership (05/23)
2. Most U.S. CFOs will get a pay bump in 2012
SmartBrief for CFOs | May 23, 2012
Almost three-fourths of CFOs in the U.S. will get a raise this year, according to a survey by Grant Thornton and the Financial Executives Research Foundation. CFOs at public companies will receive $286,500 in compensation on average in 2012, compared to $197,400 for CFOs at private companies. FINS.com (05/22)
3. Worried about accounting fraud? Read the footnotes, former CFO says
SmartBrief for CFOs | May 23, 2012
Sam Antar, a former CFO, is giving lessons to investors on how to spot the telltale signs of fraud in companies' financial disclosures. Antar learned the hard way about corporate fraud following an accounting fraud at his company in the 1980s. He tells investors to read disclosures closely for signs of inconsistencies -- especially in the footnotes -- before purchasing a stock. Philadelphia Inquirer, The (05/22)
4. FASB, IASB to consider 4 possibilities for recognizing leases
SmartBrief for CFOs | May 24, 2012
The Financial Accounting Standards Board and the International Accounting Standards Board are working to create rules to include leases on corporate balance sheets. One sticking point revolves around how income statements are affected by leases. The boards are to consider four proposals for recognizing leases. Wall Street Journal/CFO Journal, The (tiered subscription model) (05/22)
5. Why you should master the art of workplace politics
SmartBrief for CFOs | May 23, 2012
The strongest leaders are the ones who aren't afraid to use politics to their advantage in the workplace, Dave Logan writes. Showing your softer side comes with the risk of being marginalized or losing effectiveness -- cutthroat leaders have what it takes to thrive even in the worst of times. The good news is that both types of leaders have something to learn from one another, Logan writes. CBS MoneyWatch (05/21)
6. Are your employees about to crack?
SmartBrief for CFOs | May 29, 2012
A significant proportion of employees report feeling stressed at work -- a trend that could have negative health consequences for many people. An illustration with this article depicts some of the warning signs of stressed-out and overworked employees. They include fatigue, poor performance and a change in work hours. More than half of workers said they had feigned illness to avoid work, many because of stress, according to one survey. Mashable (05/27)
7. Survey: CFOs look for ways to manage health care costs and risks
SmartBrief for CFOs | May 29, 2012
A majority of finance chiefs are planning to make employees pay a larger share of their health care costs, according to a survey by Prudential Financial and CFO Research Services. Many companies are looking at programs that would give employees more choice over their health care plans. Additionally, more than 40% of CFOs said they plan to engage third-party insurers in order to manage defined-benefit-plan risks in the coming years. Insurance Networking News (05/25)
8. CBO: Taxes and spending cuts likely will send U.S. into recession
SmartBrief for CFOs | May 23, 2012
The U.S. likely will fall back into recession if scheduled spending cuts take effect and Bush-era tax cuts are allowed to expire this year, the Congressional Budget Office said. If the U.S. falls off this "fiscal cliff," the economy will probably contract 1.3% in the first half of 2013, the CBO said. Manufacturing.net (05/22) CNNMoney (05/22) Reuters (05/22)
9. New York City parking space has $1 million price tag
SmartBrief for CFOs | May 23, 2012
An apartment building in New York City is asking $1 million for the deed to a private parking space. The space inside the eight-story building is 12 feet wide and 23 feet long. MSNBC (05/20)
10. 70,000 Americans will lose jobless benefits next month
SmartBrief for CFOs | May 29, 2012
Hundreds of thousands of Americans without work, most of them the long-term unemployed, will lose extended jobless benefits in the coming months as the government scales back help. The reduction will affect 70,000 people next month. New York Times (tiered subscription model), The (05/28)
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