how a cfo steals millions… and no one notices?!

tracy coenen noticed. this week koss corp (nasdaq: koss) announced that sujata “sue” sachdeva was fired from her position as vice president of finance for stealing at least $4.5 million from the company. two members of the accounting staff sachdeva … continued

netsuite rings the closing bell

launches promotional campaign on cloud computing. netsuite chief financial officer jim mcgeever rang the closing bell at the new york stock exchange yesterday, joined by zach nelson, netsuite president and ceo, evan goldberg, founder and cto, other executives and invited … continued

six lessons for the first 100 days

istock_000005531119xsmall.jpgnew finance execs must move swiftly to learn the ropes, set the pace.

by rick telberg

finance executives are increasingly finding themselves in the middle of corporate decision making and responsibility. for newly appointed cfos and finance managers, success is no small feat-the first 100 days are critical.

with the pressure on, new finance managers want to make their mark early, and, according to the mckinsey quarterly survey by global management consulting firm mckinsey & company, there are some activities that should make nearly every finance executive’s short list of priorities.

one of the most critical activities during an executive’s first 100 days is the gaining of and understanding of what drives his or her company’s business, whether it be how a company makes money or its returns on invested capital. at the same time, a cfo must also consider potential ways to improve such drivers. read more →