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73% of CFOs to Earn Salary Between $201k-400k in 2024: Report
A new survey from Rho on CFO compensation figures reveals compensation, equity, and severance trends for finance chiefs.
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PCAOB Hits KPMG Netherlands, Deloitte Affiliates With Exam Cheating Penalties
The civil penalties levied by the PCAOB reflect “egregious” widespread cheating on internal examinations required to maintain a CPA license.
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Small Business Optimism Hits 11-Year Low: NFIB Report
Small business optimism dips as inflation concerns remain.
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Opinion
The Post-IPO Checklist: 7 Insights for CFOs
The more CFOs know about life after going public, the better.
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Royal Bank of Canada Fires CFO Over Undisclosed Personal Relationship
The internal investigation that ousted Nadine Ahn may result in forfeiture of significant compensation due to misconduct.
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45% of Execs Say Economic Conditions Better Than 6 Months Ago: Report
Forty-five percent of executives said global economic conditions were better than they had been six months earlier.
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Jamie Dimon’s Annual Shareholder Letter, CFO Compensation Data, and More: Trial Balance
JPMorgan Chase CEO Jamie Dimon said artificial intelligence is one of the most potentially transformative inventions of the past several hundred years.
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Autodesk to Audit Financial Practices, Delay Annual Report
The construction technology giant said it doesn’t believe the investigated areas will affect any previously issued financial statements or its most recent earnings release.
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CFOs On the Move: Week Ending April 5
New CFOs at Spotify, Heathrow Airport, Farmers Insurance, Jacobs Solutions, World Insurance Associates, and more.
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Modern FP&A Leadership: Strong Data, Communication, and Empathy
"Data from operations, supply chains, sales, marketing, all this data needs to be matched up together. If you have data silos, you won't be able to understand all that you can from your data," saud Wouter Born, founder of Born Capital.
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Q&A
From Investment Banker to First-Time CFO: Moloco’s Brandon Maultasch
“There's always a balancing act of scrappy and scalable in each of the capabilities we’re building on the finance team.”
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Former Indiana Schools CFO Charged With Corruption, Theft
Scott Bumgardner faces 21 felony charges for corrupt business influence and theft, as the school system looks to recover the missing funds while shoring up its financial controls.
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Finance Team Collaboration Drives Lower Process Costs: Metric of the Month
Getting people to work together more effectively will help drive costs down sustainably.
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71% of Big 4 Auditors Worry About Mental Health
But those at the Big Four are hardly alone; many auditors, wherever they work, feel similarly.
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98% of Large Tech Execs Have Paused Internal GenAI Initiatives: Report
Many of the U.S.’ largest companies are pausing their efforts to implement GenAI products and tools, according to new data.
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South Carolina’s $1.8B ‘Mystery Fund’ Likely a Result of Communication Breakdown
After coming across $1.8 billion of unaccounted-for cash, South Carolina’s state comptroller is questioning the treasurer’s practices, while the treasurer is blaming poor communication on behalf of the comptroller.
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Old National Puts CFO Brendon Falconer on Leave Following Child Molestation Charges
The Evansville, Indiana-based bank named its chief strategy officer as interim CFO on Monday after Brendon Falconer was arrested last week.
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Opinion
3-Step Strategy for PE-Backed CFOs to Enhance EBITDA
Here’s how CFOs can better prioritize EBITDA enhancement.
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43% of Companies Monitor Worker’s Online Activity
Many employees have issues with their employers’ internet surveillance practices.
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March Jobs Report, Moloco’s CFO, and Management Accounting: Trial Balance
Updates on the U.S. labor market highlight the first week of the new quarter.
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55% of Business Leaders Concerned About the Safety of Future Bank Deposits: Report
Depositors remain concerned about the safety of deposits a year after the 2023 bank failures.
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CFOs On the Move: Week Ending March 29
New CFO appointments at SharkNinja, GameStop, Viz.ai, and more.
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Rave Restaurant Group Appoints New CFO, 5 Other Execs to Leadership Team
The company hired Jay Rooney as chief financial officer as it focuses on growing its buffet concept while overall unit count shrinks.
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Q&A
M&A Leader Turned Healthcare CFO: MultiPlan’s Jim Head
“I consistently tell investors, my job is about walking the tightrope between enhancing our margins and reinvesting back into the business.”
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The 6 a.m. CFO: How Fresh FP&A’s Chris Ortega Starts His Day
“Often, many tend to focus on results as rewards, but throughout my life, I have realized the biggest reward you will get from any situation is the journey itself.”