Did the SEC Gut Sarbanes-Oxley?

The SEC put much of the Sarbanes-Oxley Act into effect by passing a slew of new rules. Here’s what was proposed and what was disposed.

The Changing Use of Derivatives: More Hedging, Less Speculation

During the early and mid 1990s, companies – and at least one county – lost millions on derivatives speculations, leading to a rash of bad press and concerns over future losses. But today, derivatives rarely make the news. It’s not that they are in disfavor, says Wharton accounting professor Wayne Guay; it’s that they are used differently in a market that has matured. In a … [ Read more ]

Are Stock Options In Your Future?

Given the recent turmoil surrounding stock options, employers and employees alike may be looking more skeptically at this once-popular form of compensation. Among the issues to be considered: How effective are stock options in aligning the interests of managers with the interests of shareholders? Do broad-based option programs improve company performance? And should companies be required to include stock option compensation as an expense on … [ Read more ]

Economic Stats Briefing Room

Wish you had access to President Bush’s economic data? Relax, you’re a taxpayer-the White House Web site will share with you. The Economic Statistics Briefing Room provides links to everything from an aggregate balance sheet for commercial banks to prices paid by farmers. All the data is compiled by federal agencies and is available on their Web sites, but the Economic Statistics Briefing Room collects … [ Read more ]

CFO PeerMetrix

How does your company stack up against competitors in key financial measures? Which internal processes need improving? With CFO PeerMetrix, it’s easy to find out how your finance function is functioning. Our database of more than 7,000 publicly traded companies lets you compare and contrast with the click of a button. Create custom scorecards, see industry averages, and benchmark crucial gauges including management, working capital, … [ Read more ]

Business Ratios and Formulas: A Comprehensive Guide

Whether you are a numbers nut or not, you need to know basic business formulas and ratios to keep track of performance. Author Stephen Bragg collects 200 of them in one easy-to-understand volume. Each formula is accompanied by an example of its practical application. Included are measurements for operating performance, cash flow, and liquidity: For example, you’ll find operating leverage ratio, cash flow-to-debt ratio, and … [ Read more ]

Mapping Out Your Options

Treat these employee perks as a real part of your portfolio, not as a lottery ticket.

FinanceProfessor.com

FinanceProfessor.com grew out of the class notes and material from Jim Mahar’s various finance classes at Penn State, James Madison, and St. Bonaventure University.

Some of what you will find:
– Finance Notes
– Summaries of journal articles
– An archive of the site’s newsletter
– Speeches and Interviews
– Finance Links
– Finance Tests
– Reading lists and … [ Read more ]

Business Intelligence Buyer’s Guide

Vendors continue to tout business intelligence as the next big thing in corporate computing. And in fact, sales of BI products rose to nearly $4 billion last year — and could hit $6 billion by 2005.

But while the virtues of BI tools are plenty (including huge ROI numbers), big-bang rollouts of the software may be a mistake. Indeed, some business intelligence vendors say the smart … [ Read more ]

Funding Fun House

Critics say current accounting lets companies distort the picture they present of pension plan performance.

You Could Have Shorted Dot-coms: You Just Didn’t

When the next round of finance texts is written, the American Dot-com Bubble of the late 1990s is sure to take its place with the classics – the Tulip Bubble, the South Seas Bubble, the run-up to the great crash of 1929. But what caused it? According to one theory, the problem was a shortage of short selling, say Wharton finance professors Christopher C. Geczy … [ Read more ]

John Maynard Keynes

The game of professional investment is intolerably boring and over-exacting to anyone who is entirely exempt from the gambling instinct; whilst he who has it must pay to this propensity the appropriate toll.

Bondsonline

Bond information is notoriously difficult to obtain, but Bondsonline a good source. It includes up to date quotes, a discussion of the types of bonds, spread information, and much more. A great resource. [FinanceProfessor.com Annotation]

Special Report on Travel & Entertainment Expense

Travel and entertainment (T&E) is second only to payroll as the largest area of discretionary expense in a corporate budget. As travel costs continue to climb, this special report examines what CFOs and other finance managers can do to bring these expenditures back down to earth. In the report you’ll find links to articles and a Web directory of associations, consultants, and T&E providers, as … [ Read more ]

Partial Clearing

Budgeting software isn’t the key to corporate finance reform, but it can help CFOs manage expectations in a sinking economy.

This buyer’s guide will explain how some CFOs cope under the added stress of Sarbanes, in addition to provide a list of vendors for 2002 B&P software.