The Latest

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    ServiceRocket’s CFO On Leadership, Nov. Jobs Report, Managing Financial Procedures: Trial Balance

    Despite data pointing to a “soft landing” for the U.S. economy, expectations of rate cuts got a boost last week. 

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    Republican AGs Back Lawsuit Challenging Nasdaq Diversity Rules

    Nasdaq first proposed new listing rules that required companies to publicly disclose diversity statistics regarding their boards of directors in 2020.  

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    Brex’s Michael Tannenbaum: The Impact of Job Titles

    “I’ve learned that titles are only important when your organization considers them important,” Tannenbaum said.

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    Audit Quality Questioned at Baruch Conference

    One board member said audit firms need to change their cultures to drive the behaviors that would ensure the “consistent execution of high-quality audits.”

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    Nuthawut Somsuk
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    CFOs On the Move: Week Ending Dec. 1

    New CFOs at Coupa, Universal Hydrogen, Vince, Claire's, Thyssenkrupp, and more. 

  • Eugene Moorcroft   CFO, Servicon
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    Q&A

    Open to Change: Servicon CFO Eugene Moorcroft

    The global pandemic led Eugene Moorcroft to leave the entertainment industry for an essential services company with a heart and a mission.

  • MDH Partners’ CFO Arun Singh
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    The 6 a.m. CFO: How MDH Partners’ Arun Singh Starts His Day

    “It’s not how your actions represent you, it’s how they reflect on your leaders and stakeholders, and how you make their roles easier.”

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    20% of Global CFOs Say Their Organizations Are Data-Driven

    “Digitalization is stagnating in finance as a whole,” said Horváth’s Achim Wenning.

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    First OCC Fintech Chief Had Phony Resume: Reports

    Prashant Bhardwaj alleged he held positions at Huntington and Fifth Third — and at Citi at a time when he would have been 13, according to a resume The Information obtained through FOIA.

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    Health Cost Hikes to Moderate Slightly in ’24

    Fifty-eight percent of those polled anticipate higher or significantly higher increases from 2025 through 2027.

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    Only 70% of Large-Company Internal Audits Assess Cyber Risks

    The Weekly Stat shows that about 40% of companies with less than $1 billion in revenue examine cybersecurity risks in their internal audits.

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    Opinion

    Unlocking Profitable Growth

    Insufficient granularity and incomplete costing lead to misunderstandings about profit variations across businesses.

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    CFO Peer Audit: How to Stay Focused and Healthy While Traveling

    Finance leaders offer their best advice on how to stick with healthy habits when on the road.

  • NYU’s Stern Center for Business and Human Rights Calls for ESG Ratings System Overhaul

    Environmental, social and governance investing should center on companies’ impacts on the environment and society rather than shareholder profit, the report argues.

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    Baruch Auditing Conference, Brex Exec On Going From CFO to COO, and Inflation Expectations: Trial Balance

    This week, we look forward to Baruch College's 18th annual auditing conference, discussions with CFOs from the Timken Company and MDH Partners, and more. 

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    5 Most-Read CFO Q&As of 2023

    Featuring interviews with CFOs from the Boston Red Sox, Kraft Heinz Global, Bally’s, Dun & Bradstreet, and Rootstock.

  • Celeste Ackert CFO, Fairmarkit
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    Q&A

    Seizing Career Opportunities: Celeste Ackert

    “I'm big on operational and finance metrics and benchmarks, and I'm constantly thinking through how we can move the metrics in a meaningful way.”

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    Editors’ Picks: Five Must-Read CFO Interviews

    Here are the finance chief interviews from the past year that the CFO editorial team recommends reading.

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    Getting to Know First-Time CFOs: 5 Q&As

    Featuring interviews with first-time CFOs from Mint House, Wunderkind, TS Imagine, Hofman Hospitality, and Greek Development.  

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    CFOs Must Boost Their Cybersecurity Savvy, Former FBI Agent Says

    CFOs must be able to ask probing questions of their chief information security officers and external cybersecurity professionals, says former FBI agent Pete Cordero.

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    Data and Analytics Rewrites the CFO Playbook

    Data and analytics now permeate nearly every aspect of the CFO playbook.

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    Demand for GenAI Skills Explodes in 2023

    Job postings seeking skills in generative AI skyrocketed by 1,848% this year.

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    Adobe Stock/insta_photos

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    95% of Accountants Satisfied With Current Role

    Nearly two-thirds (62%) of accountants surveyed by ShareFile indicated they weren’t looking to change jobs anytime soon.

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    4 Takeaways From MIT Sloan’s CFO Summit

    The panels included CFOs from Johnson & Johnson, Delta, HubSpot, and other well-known companies.

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    Finance May Go Slower On Generative AI Adoption

    Executives from PayPal and KPMG discuss why finance should be cautious when adopting generative AI tools.