The Latest
-
Cloud Intrusions Spiked 75% in 2023, CrowdStrike Says
The majority of cloud intrusions directly attributed to a threat actor last year were financially motivated.
-
59% of Accountants Make Several Errors Per Month: Report
Fewer accountants handling increased workloads are leading to more errors, suggests a new survey.
-
Warren Buffett Lowers Expectations, PCE Data Arrives, and Stretto’s CFO: Trial Balance
This week, we look forward to personal consumption expenditure inflation data and Stretto’s finance chief recounting his journey to the CFO seat.
-
Ticking Tax Clock: CFOs Address Tax Policy Politics and Hidden Taxes
This is the second article in a two-part series about how domestic and foreign tax rules influence strategic decisions made by CFOs.
-
Q&A
Generation West Virginia CFO Candice Holcomb: Solving ‘Brain Drain’ in the Mountain State
“I’ve focused on articulating data without jargon, in ways that everyone can understand and be able to take action from.”
-
CFOs On the Move: Week Ending Feb. 23
CFO changes at Planet Fitness, Meati Foods, Zevia, Jazz Pharmaceuticals, and more.
-
CFOs Can’t Be Lax About Taxes: 3 Concerns in 2024
“Public company CFOs must ensure they are getting the right tax advice on an ongoing basis. Taxes become part of the CFO’s decision-making toolbox,” tax consultant Gary Morrison said.
-
US M&A Deal Size Up 38% Despite Slow Market: Report
U.S.-based M&A deal values rose 39% in the final stretch of 2023, while the average deal size grew 47% in the same time frame, according to new data from McKinsey.
-
Opinion
Navigating the Governance of Cybersecurity and Cyber Resilience
No matter how secure a company’s defensive cybersecurity preparations are, CFOs must widen the aperture to include cyber resilience.
-
More Work, Less Help for Finance
“Finance must take a deliberate, sustainable approach to cost optimization rather than one-off belt-tightening, and develop new ways to reduce costs.”
-
Q&A
May Mobility CFO: Leveraging Capital-Efficient Tech Development
“Companies in this space are losing billions of dollars per year trying to win this market,” said Brunelle. “We have a much smaller footprint.”
-
CFOs Should Count On Volatility, Not Rate Cuts
Markets have been assuming that inflation was under control and monetary policy easing would follow. But that may not be the case.
-
71% of Health Care CFOs Turning to Automation to Solve Labor Costs: Report
The pathway to better patient services requires the implementation of automation, found Grant Thornton’s inaugural health care CFO survey.
-
Photo by Vlada Karpovich on Pexels
8 New Workforce Terms CFOs Should Know in 2024
Lazygirl jobs, rage applying, and #QuitTok trends are impacting teams regardless of industry.
-
CFOs On the Move: Week Ending Feb. 16
New finance chiefs at Moody’s, OneMain Holdings, Forter, Benson Hill, and more.
-
Treasury Prime’s Meghan Ryan: Be a ‘Financial Lens’ to Lead Cross-Functionally
“At Goldman, I had the opportunity to sit in on lots of meetings with CEOs and CFOs, and this gave me insanely valuable exposure to what these roles are like.”
-
The 6 a.m. CFO: How Dewey’s Pizza’s CFO MaryAnn Waltz Starts Her Day
“I spent my first month as the CFO of Dewey’s Pizza working in one of the restaurants. I learned to prep veggies, toss dough, and serve guests.”
-
Earnings Growth Leads to Higher Valuations at PE-Backed Firms
However, earnings multiples have contracted due to higher interest rates and lower revenue growth, said Lincoln International.
-
Labor Trends Exasperate Finance Pros
Barely more than a third (37%) of accountants said they were satisfied with their pay, according to a new ACCA survey.
-
67% of Companies Continue to Adopt AI Slowly: Report
AI’s best uses are still largely outside finance, with writing tasks and scheduling most frequently mentioned. However, automated data entry may be facilitating finance and accounting teams.
-
46% of Employees Say They Lack Career Support from Managers
Nearly two-thirds of employees said their employer cares more about productivity than their career development.
-
Opinion
How to Get Ahead of the Priciest Health-Care Expense — Cancer Care
The impact of delayed screenings on the cost, and success rate, of cancer treatment could upend employers' budgets.
-
AICPA ‘150 Hour Rule’ Caused 14% Drop in New Applicants, 26% Drop in Minorities: MIT
SEC Chief Accountant Paul Munter’s call for higher audit standards intersects with what CFOs and auditors may already know — a drop in available talent, particularly among minorities, limits the ability to meet these standards.
-
Senior Leaders Nearly Twice as Likely To Receive AI Resources as Junior Staff
Sixty-eight percent of senior leaders have received some type of training around AI, versus only 36% of junior or lower-level employees, according to new data.
-
Labor Trends, Inflation Data, and the Morning Routine of Dewey’s Pizza’s CFO: Trial Balance
This week, we look at the latest labor trends impacting finance teams, and Dewey’s Pizza CFO MaryAnn Waltz shares the hands-on experience she received when joining the pizza chain.