The Latest
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For mid-market firms, full AP automation is a long way off
A survey by accounts payable software firm Ottimate found that 4% of middle market respondents had fully automated their AP function.
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Ex-Indian River State College CFO files whistleblower suit
Marvin Pyles’ lawsuit alleges financial mismanagement, grant funding concerns and major oversight failures.
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Fewer than half of finance leaders cite AI as top trend
A recent Wolters Kluwer survey examines how CFOs are weighing AI adoption amid economic pressures and shifting priorities.
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As Claude expands into finance, outage raises risk questions
Anthropic’s push into Excel, ERP and institutional data workflows is accelerating while recent service disruption highlights dependency and governance considerations for CFOs.
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OpinionRunning a self-insured health plan: What finance actually owns
Switching to self-insurance turns managing health benefits into a hands-on responsibility, requiring careful planning, oversight and adaptability.
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Chicago’s acting CFO registers city’s opposition to Bears bill
As Illinois and Indiana take up competing proposals to lure the football team, Chicago interim Chief Financial Officer Steve Mahr spoke out against one issued by his own state. Here's why.
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The framework awaiting Berkshire’s next CFO: Trial Balance
After Warren Buffett’s exit, Greg Abel issues his first shareholder letter as CEO, outlining the capital discipline and balance sheet philosophy that incoming CFO Charles Chang will help lead.
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Midsized companies enjoyed a range of operational improvements in 2025
In a survey, nearly all middle-market respondents said cash flow ended on a high note last year, though they remain on alert for continued risks.
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How UCLA’s CFO exit unfolded
After CFO Stephen Agostini blew the whistle to the student newspaper over deficit projections and financial management concerns, UCLA removed him and denied his claims.
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AICPA calls for automatic enrollment of eligible children in Trump accounts
The move, issued as part of a wider set of recommendations to the IRS, would “promote fairness and ease administrative burden,” the CPA group said.
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CFOs On the Move: Week ending Feb. 27
Forbes promotes an insider to finance chief, Shake Shack names an interim principal financial officer and Chewy elevates its VP of finance to CFO.
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Block’s job cuts come as mid-market CFOs question AI layoff assumptions
As one of technology’s largest AI-driven job cuts of the year takes shape, CFO Alliance roundtables show finance leaders discussing operating design and execution capacity before resizing teams.
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Photo by Dan Niepow/CFO.com
3 headwinds and tailwinds facing US economy: Goldman Sachs vice chair
From the persistence of tariffs to the promise of artificial intelligence, Robert Steven Kaplan outlined his take on the state of the American economy today.
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Oklahoma charter school’s ex-CFO testimony puts audit scrutiny in focus
Josh Brock’s testimony shows how finance leadership can influence governance, oversight and financial controls when audit scrutiny intensifies.
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How the Fed is making AI ‘durable’
Fed Gov. Christopher Waller likened the rise of AI to the advent of ATMs, which shifted “human effort” to higher-value work. But fellow Fed Gov. Lisa Cook warned of labor market “costs” tied to AI adoption.
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SMBs’ finance organizations are slow to adopt AI for accounting
Three-quarters of CFOs at such companies are actively exploring AI tools, but just one in 10 is currently using them.
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Bain finds liquidity pressure rising as private equity capital cycles grow
A new report highlights longer hold cycles, megadeal concentration and a growing focus on operational performance and EBITDA growth.
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Theranos whistleblower on ‘metaphorical black box’ of AI
Speaking at the Radiance conference in Texas this week, Tyler Shultz urged attendees to create company cultures “where people are willing to speak up.”
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Q&AArctic Glacier CFO Stephanie Choudri talks sale to Reddy Ice
In an exclusive interview, Choudri discusses Reddy Ice’s acquisition of Arctic Glacier and her departure from the company, marking a new chapter for the ice distribution giants and her career.
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OpinionIs the SEC regulating for a pre-AI world?
The Securities and Exchange Commission’s outdated views on disclosures ignore technology and misattribute the decline in public companies to disclosure overload, writes CFA Institute’s Sandy Peters.
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OpenAI builds consulting alliances around enterprise rollout: Trial Balance
OpenAI will partner with Accenture, BCG, Capgemini and McKinsey & Company as part of a wider enterprise AI push.
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Survey highlights ‘unpredictability of change’ in global trade
Even before the U.S. Supreme Court ruled on the Trump administration's tariffs, most companies were struggling to keep up with the growing complexities of trade.
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Ex-CFO’s lawsuit claims health care firm asked her to commit fraud
Rebeckah Hall, a 26-year employee of Mountain Comprehensive Care Center in Kentucky, said the company created a “hostile work environment” after she refused to engage in fraudulent billing practices.
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CFOs On the Move: Week ending Feb. 20
Yeti names a Home Depot exec as chief financial officer, Atlassian hires LinkedIn’s finance chief and Gemini parts ways with its CFO, COO and CLO.
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Private equity deals hit $2.6T in 2025
New research by McKinsey & Company points to bigger deals, longer hold periods and the continued rise of “niche” methods of returning liquidity to investors.
