MS Industry News


Ex-Salix CFO Fined $1M for Misstating Inventory

The SEC says Adam Derbyshire failed to disclose high wholesaler inventory levels of Salix’s drugs resulting from its practice of overselling demand. (CFO)



Metric of the Month: Cycle Time to Prepare the Financial Forecast

Getting accurate information in a timely fashion is the difference between getting caught in a storm and being prepared for whatever conditions lie ahead. (CFO) 


Business & Management

The ABC’s of Documenting Standard Operating Procedures — and Why Your Business Can’t Afford Not To

SOPs can reduce the need for owner involvement and increase a company’s valuation at the time of sale. (Entrepreneur)