The Latest
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Spinal implant firm’s CFO pleads guilty in kickback conspiracy
Federal prosecutors said Aditya Humad, finance chief of SpineFrontier, arranged to bribe surgeons to use his company’s products.
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New surveys show AI gains are uneven across finance
New data shows gains in decision-making and FP&A, while other data points to ongoing accounting workflow inefficiencies.
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‘Megadeals’ boosted credit market in Q1: KPMG
Companies took on loans to execute major transactions at the outset of the year, but the United States’ war overseas has scrambled the picture.
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Opinion
Closing the post-merger integration investment gap
This gap is one of the most consequential and most fixable capital allocation errors in corporate finance, writes EY-Parthenon’s Devesh Kumar.
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SEC charges 21 people in insider trading case
Lorenzo Nourafchan, founder of a fractional CFO firm, is one of the defendants in the case.
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AI helps firms with efficiency, but most don’t trust it to drive growth
Overcoming today’s weighty business challenges demands a re-assessment of automation’s cutting edge, EY counsels.
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Microsoft CFO Amy Hood discusses career uncertainty in Duke speech: Trial Balance
Addressing roughly 7,000 Duke graduates during a commencement speech on Sunday, Hood shared lessons that align with many of the challenges facing her CFO peers.
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Prudential CFO sees ‘gradual ramp up’ of sales in Japan after pause
Yanela Frias, the New Jersey-based insurer’s finance chief, said the company’s international business revenue fell 27% year over year in the first quarter, largely due to a sales suspension in Japan.
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CFOs On the Move: Week ending May 8
Shake Shack hires Portillo's former finance chief, Six Flags CFO steps down and Texas Roadhouse's ex-CFO joins Chuck E. Cheese’s parent company.
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7 ideas from Consensus that show crypto’s shift toward traditional finance
At the "Super Bowl of Blockchain" in Miami Beach this week, stablecoins took center stage as crypto hits a crossroads, potentially shifting how future CFOs will manage liquidity.
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Opinion
Why CFOs must lead the response to AI-fueled disinformation
Gartner’s Dymah Paige identifies three categories of disinformation security tools and shares how CFOs should evaluate spending by measuring its impact on enterprise risk.
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Q&A
Authority Brands CFO on finance leadership in the franchise industry
Former Cracker Barrel VP and Primrose Schools finance chief Josh Greear shares his path to leading finance at the multi-brand home service franchisor.
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CFO optimism dims in the short term, U.S. Bank survey shows
Though U.S. finance chiefs believe they have better prospects over the next three years, their optimism in the near term has “cooled,” according to U.S. Bank.
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New Jersey fuel company’s ex-CFO charged with embezzling $12M
Robert McCloughy, who was also a former IRS agent, faces charges of wire fraud and money laundering.
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What bank reconciliation cycle time really tells you: Metric of the Month
Longer cycles often signal deeper issues in transaction management, visibility and the financial close.
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Semiannual reporting could cut costs by almost $200K: SEC
The Securities and Exchange Commission has released more details about its plan to give companies the option of reporting financials semiannually instead of quarterly.
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Opinion
Why some CFOs stay far away from the R&D credit
Former IRS R&D tax engineer Richard Bernstein says some finance leaders often leave money on the table — especially around R&D tax incentives — due to information gaps and risk perceptions.
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CFO tenure averages just 2.1 years at public companies, lowest in C-suite
Despite shortened tenures, CFO compensation has climbed more than 60% over the past five years, according to a new study.
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Global accountants hold grim outlook on the economy
The war in the Middle East sends the confidence level skidding to a near-record low.
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GameStop floats $56B bid to buy eBay: Trial Balance
The video game retailer’s CEO, Ryan Cohen, said he could turn eBay into a “legit competitor to Amazon,” though questions swirled Monday about GameStop’s ability to finance the deal.
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Fractional CFO firm eyes expansion after minority investment
CFO Selections, a Seattle-based fractional CFO firm, aims to expand to several new cities within the next few years, says Managing Partner Brian Turner.
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CFOs On the Move: Week ending May 1
Puma appoints a new chief financial officer, Booz Allen Hamilton names a former Boeing exec as CFO and PPG hires Avient’s finance chief.
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Opinion
Tax considerations CFOs need to factor into tariff refund planning
With $166 billion in IEEPA tariffs at stake, the Supreme Court's landmark ruling has triggered a wave of refund claims.
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April earnings update: Apple, Meta, Alphabet, Microsoft, Tesla, Netflix
Alphabet’s Anat Ashkenazi highlights AI-driven cloud growth, Microsoft’s Amy Hood signals headcount reductions and Netflix’s Spencer Neumann discusses the terminated Warner Bros. Discovery deal.
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Orleans Parish CFO faces charges in the wake of May 2025 jailbreak
Louisiana’s attorney general has charged Bianka Brown, finance chief of the New Orleans sheriff’s office, with malfeasance in office and obstruction of justice in relation to the escape of 10 inmates last year.