Chief financial officer

responsible “for the accounting operations of the company,” including: the development of recurring financial reports, “maintenance of … accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of … reported financial results, and ensure that reports results comply with … financial reporting standards” (para. 2). In other words, controllers are the chief accountants in their organizations. Besides their basic daily accounting functions and managing

were not received. Neil determined a way to close the gap through “continuity” or “momentum” payments. This technique allowed Diamond to pay the full amount that the growers were giving, but separated the costs out. Diamond only the portion on the financial

As the internal auditor he is responsible for assuring that the firm is maintaining its records and reporting its financial results in accordance with the FASB rules and regulations and GAAP. If the CFO still refuses to make the necessary policy modifications required to the accounts receivable procedures in order to comply with the rules then as a matter of maintaining

That is where Outsourced CFO comes in with the business expertise of a passionate Chief Financial Officer, or CFO, tailored to one’s strategy and budget. Outsourced CFO provides integrity and professional excellence in financial consulting for ambitious SME’s. Succeeding through uncompromising quality and industry thought leadership, the company aims to help clients rethink, automate and scale their companies

CASE 8.1 LIVENT, INC. Synopsis Similar to most financial frauds, the Livent, Inc. fraud was masterminded by a few individuals, primarily Garth Drabinsky and Myron Gottlieb. However, numerous individuals were eventually drawn into Livent’s fraudulent schemes by its principal architects, including Maria Messina, the company’s chief financial officer (CFO). Messina, a former partner with Deloitte & Touche’s Canadian affiliate, had previously served as Livent’s audit engagement partner

Dr. Camellia Moses Okpodu, Professor and former Chair of Biology at Norfolk State University (NSU), is the director of both the NSU Defense Intelligence Agency's designated Intelligence Community Center for Academic Excellence (DIA designated IC-CAE) and the Group for Microgravity and Environmental Biology (GMEB). She has a Ph.D. in Plant Physiology and a minor in Biochemistry from North Carolina State University (Raleigh, NC). Before joining NSU, Dr. Okpodu was the Marshall Rauch Distinguished Professor

I. Introduction Kendallville Bank catered to small and mid-sized towns in Indiana, Michigan, and Ohio. Over the years, in order to better accommodate its growing customer base, the company went through a series of mergers and acquisitions and expanded their product offerings. Its most recent acquisition, 10 years ago, was the boost needed to allow Kendallville Bank to become a publicly traded company. The company expansions displayed no irregularities compared to those of any other successful

And the chief financial officers, as part of that organization, also had a duty to uphold the prerogatives of the organization. -------------- From the vantage of the organization, its lack of financial controls and oversight posed a major risk, not only to veterans that it served but to the organization as a whole. And, in fact, the lack of any such controls

include, but are not limited to: chief information officers (CIOs), chief operating officers (COOs), chief sustainability officers (CSOs), and chief financial officers (CFOs). All of these possible jobs have one thing in common: chief. The chief is the person at the top who sees the big picture and delegates tasks that make that big picture come into focus. Among all of the possible careers accessible with a business administration degree, chief financial officer (from here on, known as CFO) appears

Introduction The Hospital Sisters Health Systems consist of four different divisions within two states and have a total of 13 hospitals, along with a large physician group. The organization was originally run by a group of nuns. However, the nuns have formed a board to oversee the governance of HSHS to ensure they continue to meet the high expectations and mission originally designed by the founding convent in 1875. As the hospital system has grown the governance board has also grown and now has