The thorough reference that goes wherever you go
The Complete CFO Reference is the perfect up-to-date
reference tool for today's busy CFO, controller, treasurer, and
other finance professionals. Written in an easy format and packed
with checklists, samples, and worked-out solutions for a wide
variety of accounting and finance problems, readers can take this
handy reference wherever they go-on a business trip, visiting a
client, conducting a conference call, or attending a meeting.
* Covers all major developments in finance and accounting every
CFO needs to know about including IFRS, Web-based planning, and
ranging from financial reporting and internal control to financial
decision making for shareholder value maximization
* Includes tables, forms, checklists, questionnaires, practical
tips, and sample reports
* Incorporates Accounting Standards Codification (ASC) throughout
the book, as well as coverage of International Financial Reporting
Standards (IFRS) and its impact on financial reporting, XBRL
reporting, risk management and disaster recovery, Web-based
planning and budgeting, Web 2.0, cloud computing, and environmental
costing
Simplifying day-to-day work in dozens of critical areas, The
Complete CFO Reference is the perfect up-to-date reference tool
for today's busy chief financial officer (CFO), controller,
treasurer, financial director, budgeting director, and other
financial professionals in public practice and private
industry.
Autorentext
JAE K. SHIM, PHD, has authored or coauthored more than fifty professional and college accounting books. He is CEO of Delta Consulting Co., a financial consulting and training firm, and has been a consultant to commercial and nonprofit organizations for over thirty years.
JOEL G. SIEGEL, PHD, CPA, is the author of over fifty books and has written hundreds of articles for accounting and financial journals. Dr. Siegel has acted as consultant in accounting issues to many organizations, including IT&T, Citicorp, and Person-Wolinsky CPA Review.
ALLISON I. SHIM, MS, is CFO of Delta Consulting Co. She is a finance expert and a PhD candidate at the University of California, Irvine.
Klappentext
YOUR QUICK GUIDE TO
- Internal Controls
- Financial Reporting
- IFRS
- Web 2.0
- Cloud Computing
- and More
A HANDY PROBLEM-SOLVER FOR TODAY'S BUSY CHIEF FINANCIAL OFFICER
From financial statement reporting to valuation of bonds and stocks, CFO Fundamentals is the must-have guide you'll keep by your side to help you make smart, informed decisions as a chief financial officer (CFO). This practical, easy-to-use volume offers valuable tools including checklists, ratios, formulas, measures, guidelines, procedures, rules of thumb, illustrations, step-by-step instructions, real-life examples, tables, charts, and exhibits so you can analyze and evaluate any business-related problem.
Designed for the modern CFO who needs to be aware of the ever-changing financial markets and technology of today, CFO Fundamentals offers guidance for solving day-to-day issues such as:
- Spotting red flags of potential problems on the horizon
- Vital suggestions for correcting financial sickness and inefficiencies
- What you should know about cost management and analysis
- How to adequately obtain financing for your business
- The latest on new tax laws
- Financial analysis for nonprofit organizations
CFO Fundamentals is the road map for today's CFO, filled with the best practices to help you improve efficiency, decrease risks, and keep your business competitive.
Zusammenfassung
The thorough reference that goes wherever you go
The Complete CFO Reference is the perfect up-to-date reference tool for today's busy CFO, controller, treasurer, and other finance professionals. Written in an easy format and packed with checklists, samples, and worked-out solutions for a wide variety of accounting and finance problems, readers can take this handy reference wherever they go-on a business trip, visiting a client, conducting a conference call, or attending a meeting.
- Covers all major developments in finance and accounting every CFO needs to know about including IFRS, Web-based planning, and ranging from financial reporting and internal control to financial decision making for shareholder value maximization
- Includes tables, forms, checklists, questionnaires, practical tips, and sample reports
- Incorporates Accounting Standards Codification (ASC) throughout the book, as well as coverage of International Financial Reporting Standards (IFRS) and its impact on financial reporting, XBRL reporting, risk management and disaster recovery, Web-based planning and budgeting, Web 2.0, cloud computing, and environmental costing
Simplifying day-to-day work in dozens of critical areas, The Complete CFO Reference is the perfect up-to-date reference tool for today's busy chief financial officer (CFO), controller, treasurer, financial director, budgeting director, and other financial professionals in public practice and private industry.
Inhalt
What This Book Will Do for You xv
PART ONE: REPORTS AND FILINGS
1: Chief Financial Offi cer's Role and Reports 3
Role of the Chief Financial Offi cer 3
Governmental Reporting 12
Reporting under the Sarbanes-Oxley Act 12
XBRL Reporting 13
Other Reporting 14
2: Securities and Exchange Commission Filings 15
SEC Rules 15
S Forms 16
SEC Regulations 17
SOX Reporting Requirements 19
PART TWO: FINANCIAL REPORTING
3: Financial Statement Reporting: The Income Statement 27
How Is the Income Statement Presented? 27
Revenue Recognition 30
Construction Contracts 31
Expense Recognition 37
4: Financial Statement Reporting: The Balance Sheet 45
Assets 45
Accounts Receivable 46
Inventory 49
Fixed Assets 54
Disclosure 62
Liabilities 65
Accounting for Compensated Absences 72
Environmental Obligations 74
Exit or Disposal Activities 75Fair Value Measurements 76
Fair Value Option for Financial Assets and Financial Liabilities 78
Statement of Cash Flows 80
Available-for-Sale and Held-to-Maturity Securities 82
5: Statement of Cash Flows 95
Classifi cations of Cash Flow 95
Analysis of the Statement of Cash Flows 100
6: Accounting and Disclosures 107
Accounting Changes 107
Futures Contracts 119
Various Disclosures 122
7: Key Financial Accounting Areas 125
Consolidation 125
Investments in Stocks and Bonds 127
Leases 138
Pension Plans 147
Postretirement Benefi ts Excluding Pensions 158
Income Tax Allocation 161
Deferred Tax Liability versus Deferred Tax Asset 164
Tax Rates 167
Foreign Currency Accounting 169
Translation of Foreign Currency Statements When the Foreign Currency Is the Functional Currency 172
International Financial Reporting Standards 177
8: Interim and Segmental Reporting 185
Interim Reporting 185
Segmental Reporting 188
PART THREE: COST MANAGEMENT AND IT SYSTEMS
9: Cost Management and Analysis 197
What Is Cost Management and Analysis? 197
Strategic Cost Management 198
Overhead Costing 199
Activity-Based Costing 205
Activity-Based Management 210
Target Costing and Pricing 214
10: Cost-Volume-Profi t Analysis and L…