Industry News

Accounting

The year-old mandate to disclose a company’s audit-firm engagement partner has a surprising effect on investors, a research experiment suggests. (CFO)

http://ww2.cfo.com/auditing/2018/04/new-pcaob-rule-sways-investor-decisions-audit-partner/

 

Information Systems

IT security professionals continue to be hard-pressed to stay ahead of malicious hackers, but at least they’re growing more aware of the risks to their companies’ knowledge assets. (CFO)

http://ww2.cfo.com/cyber-security-technology/2018/04/study-details-alarming-risks-to-knowledge-assets/

 

Supply Chain Management

U.S. manufacturing activity remained robust in April, but the pace of growth slowed according to the Institute for Supply Management’s monthly Manufacturing ISM Report on Business. (Industry Week)

http://www.industryweek.com/economy/us-manufacturing-activity-showed-continued-vigor-april-monthly-index-indicates

 

Marketing Analytics

BMW, Bosch, Ford, General Motors, Renault, Accenture and IBM create a consortium to explore how blockchain will reinvent mobility. (Industry Week)

http://www.industryweek.com/companies-executives/major-automakers-startups-launch-mobility-open-blockchain-initiative

 

Finance

Goldman Sachs is buying money-management app Clarity Money in a move that will expand the customer base for its Marcus digital banking business. (CFO)

http://ww2.cfo.com/finance-technology/2018/04/goldman-boosts-digital-banking-with-clarity-buy/

 

Business & Management

Hedge fund CFO Alesia J. Haas is moving from Wall Street to fintech, becoming the first finance chief at cryptocurrency wallet and exchange firm Coinbase. (CFO)

http://ww2.cfo.com/people/2018/04/coinbase-names-alesia-haas-as-first-cfo/

 

Business Analytics

SAP’s cloud computing business topped 1 billion euros in quarterly revenue for the first time as the German software giant positions itself to challenge Salesforce in the customer relationship management (CRM) market. (CFO)

http://ww2.cfo.com/applications/2018/04/sap-cloud-sales-top-1b-euros-for-first-time/