The Latest
-
Cybersecurity Action Plan: 7 Tips for Small Business CFOs
CFOs can more effectively assess risks by implementing a comprehensive cybersecurity program.
-
Real Estate Developer’s CFO Accused of Stealing Millions of Government Grants for Homeless
Court filings in California allege a CFO stole millions of tax payer dollars, on top of multiple accusations of fraud, to finance an upscale lifestyle for him and his girlfriend.
-
Former Long Island School CFO Found Guilty, Faces Sentencing
The former CFO of The Schechter School, David Ostrove, has been found guilty of misappropriating over $8 million dollars from the private Jewish school.
-
Port of Baltimore Halts Vessel Traffic After Bridge Collapse
While the port is still processing trucks, the loss of the Francis Scott Key Bridge will disrupt port operations for some time.
-
71% of CFOs Plan to Raise Average Pay More Than 4%: Report
Fifty-eight percent of surveyed CFOs are planning pay increases of 4% to 9%, a drop from the 70% who had planned to do the same in 2023, according to Gartner data.
-
AI Accounting Startup Raises $100M, PCE Reading, and Housing Data: Trial Balance
This week we look ahead to the Friday release of the personal consumption expenditures index — the Fed's preferred measure of inflation.
-
San Francisco 49ers, MLB Star Shohei Ohtani Wrestle With Poor Financial Controls
A failure to maintain and implement proper accounting controls impacted some of the world’s most successful athletes and professional sports organizations this week.
-
Peer Audit: How Do CFOs Craft the Right Tone in Digital Communications?
“I think getting tone correctly is important because if people take your message the wrong way, it can really sidetrack a lot of important decisions to be made or actions that need to be taken,” said Apex’s CFO Chantal Wessels.
-
Q&A
How AI Will Make CFOs’ Lives Easier: Tipalti CFO Sarah Spoja
“Massive technology changes are at the heart of AI. But how will people respond to those technology changes?” asks Spoja.
-
WNBA’s Seattle Storm CFO Dies Following Medical Emergency
“We are shocked by her unexpected passing, and profoundly aware of how important Tricia was to our Storm organization and the city’s sports community,” Ginny Gilder, co-owner of the Storm, said in a statement.
-
CFOs On the Move: Week Ending March 22
New CFOs at DraftKings, Insulet, Varo Bank, Cineworld Group, and other companies.
-
Withum, Baker Tilly, and Grant Thornton Among Mid-Tier Audit Firms Under PCAOB’s Radar in Q1
“Sweeps are a valuable tool in our enforcement toolbox to ensure there are consequences for putting investors at risk,” said PCAOB Chair Erica Williams.
-
Political Risk Rises as Countries Clamp Down
Governments are thinking less globally and making things tougher for businesses.
-
Only 44% of Executives Trust Each Other: Report
Less than a third of executives want to disclose data privacy policies, increasing trust gaps between the organization and its employees and customers.
-
Bon Secours Mercy Health Names New CFO
Travis Crum, currently senior vice president of finance, will assume the CFO role in the summer. He replaces Debbie Bloomfield, who is set to retire at the end of the year.
-
Crypto Fraud Losses Rose to $3.9B in 2023, a 53% YoY Increase: FBI
SEC enforcement actions against cryptocurrency players were up last year, but the commission is under attack for not issuing new rules for the industry.
-
Joann Hedges Bets on CFO After Filing Chapter 11
CFO Scott Sekella said addressing Joann’s capital structure needs would allow the retailer to keep stores open and “continue to operate as usual.”
-
Opinion
5 Ways CFOs Can Transform Finance Operations
CFOs must lead their organizations toward a future where finance is not just a support function but a driver of growth and profitability.
-
Nvidia CEO on AI, Three Big Tech IPOs, FOMC Meeting: Trial Balance
A new installment of the Peer Audit series asks CFOs about effective digital communications.
-
66% of Boards Indifferent or Uninterested in Finance GenAI Adoption: Report
CFOs’ priorities for GenAI adoption are information technology, business operations, and customer/client services.
-
Finance and DEI: How CFOs Can Depoliticize and Reduce Legal Risk
CFOs and legal experts weigh in on how a proper approach to diversity, equity, and inclusion can help culture and reduce legal risk.
-
Former Intel CFO Stacy Smith Returns as Board Member
“Stacy’s expertise in finance and leading capital allocation strategies in the capital-intensive semiconductor industry will be additive to Intel’s board,” said Intel Chair Frank Yeary.
-
CFOs On the Move: Week Ending March 15
CFO changes at Restaurant Brands International, CoreWeave, Continental, Phoenix Motor, and other companies.
-
The 6 a.m. CFO: How G-P’s Simone Nardi Starts His Day
“The role of the CFO, just like the world around us, has evolved significantly, being strongly strategic and operational — the way I like it.”
-
Q&A
From Nasdaq to Fintech Finance Leader: Apex’s CFO Chantal Wessels
“I just knew I wanted to do something completely different, especially when it comes to supporting the business through a strategic transformation like I am doing now.”