The Latest
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Retrieved from OCC.
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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Sponsored by Younium
Beyond fixed prices: The strategic pivot to usage-based SaaS pricing models
Unlock value with Usage-Based Pricing: Transforming SaaS dynamics for strategic growth!
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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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OpinionUnlocking 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.
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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.
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Permission granted by Celeste Ackert
Q&ASeizing 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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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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Permission granted by Adam Zaki
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.
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Permission granted by Jack Hartung
Q&AChipotle’s Jack Hartung: Adopt New Tech, But Keep Your ‘Essence’ Intact
“Numbers and data don’t mean anything unless you have the ability to sift through that data and turn that into insights.”
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Permission granted by Rebeca Sanchez Sarmiento
The 6 a.m. CFO: How Dotmatics’ CFO Rebeca Sanchez Sarmiento Starts Her Day
“As a modern-day CFO working in software, there is no such thing as a traditional scope of work.”
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tadamichi
CFOs On the Move: Week Ending Nov. 17
New CFOs at Subway, Advance Auto Parts, Dr. Martens, and more.
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Gen Z Set to Outnumber Baby Boomers in the Workforce
2024 represents a pivotal moment for U.S. companies, as Gen Z workers become an increasingly important share of American business, Glassdoor predicts.
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Eliminate Billing Adjustment Bottlenecks: Metric of the Month
A lengthy cycle time for adjustments can cause ripple effects for key finance processes.
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Audit Fees Rose Nearly 5% in 2022: Weekly Stat
Inflation drove up fees, but so did the increasing effort required to perform and support a high-quality audit.
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EY Hit With $3M Ethics Penalty; PCAOB Finds Flaws in 46% of EY Audits
The Big Four firm says deficiency rate rose to 46% in annual inspections.
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SEC Accountants Highlight This Year’s Compliance Struggles
Staff at the SEC’s Office of the Chief Accountant give filers a heads-up on the accounting obstacles for which preparers and companies seek advice.
