The DoD's office of the inspector general found documentation gaps and inaccuracies in an external audit of the Marine Corps but approved it anyway.
Companies in capital-intensive industries need to get more out of their capital budgets. CFOs can play a critical role.
Common mistakes include misplacement of the invoice and a failure by the approver to processes the invoice.
Based on economic considerations, business environment, workforce quality, infrastructure, and risks, many midsize U.S. cities look attractive.
Corporate technology debt is frequently spawned by not considering the future time and effort that must be consumed if shortcuts misfire.
The controller hid massive trading losses by taking out unauthorized and undisclosed company loans with Japanese banks and brokerage firms.
Zero-based budgeting starts with no assumptions about what it will take to run and grow the business for the next 12 months.
FASB responds to feedback that having different balance-sheet presentation for for debt issuance costs and debt discount spawns unneeded complexity.
"When you stripped away its relatively heavy cost structure," the hedge fund chief believed, "there was a core...worth saving."