May 22, 2013

The Art of Mentoring
Five female CFOs tell how mentors helped them succeed — and how they are returning the favor.
A retailer specializing in big and tall men’s apparel, Destination XL Group, holds its products’ sizes above all other aspects of clothing retail — including price.
Jennifer Hill was a managing director at Goldman Sachs in 2006 when she got the opportunity to take a job as CFO of Tisbury Capital Management, a hedge fund in London. During the decision-making process, Hill called up a former mentor. His advice has stuck with her ever since. “He said, ‘You always want your résumé to tell a story. What’s the next thing you want your résumé to say about you?’”
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Much-awaited Leases Proposal Includes Dual-recognition Approach
One of the most challenging international convergence projects attempted by FASB and the International Accounting Standards Board (IASB) cleared an important hurdle Thursday with the proposal of a revised financial reporting standard for leases.
FASB and the IASB released nearly identical, revised exposure drafts that call for …
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COSO Finalizes New Internal Control Framework
COSO has published the final version of its newly revised internal control framework, along with two additional resources, which should set public companies in motion to fully review their internal controls to assure they reflect …
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The Myth of the Lone Star: Why One Top Performer May Not Shine
as Brightly as You Hope
Amid mass layoffs and a deteriorating economy, snapping up star talent is getting easier. But before investing in a marquee player at the expense of the rest of your team, consider this: Stars shine brighter when …
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10 Dumbest Salary Review Comments
Some bosses say the darnedest things during yearly performance reviews.
Want to feel good about your management skills (or those of your boss)? No matter what happens, you probably won’t say (or hear) anything as stupid as these real-life comments made during …
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