Accounting & Tax

Human Capital Management

Metric of the Month: Average Tenure of FP&A Employees

Experienced FP&A employees help make the budgeting process seamless. Here’s what can you do to ensure that your FP&A team members stick around longer.
People

Ross Stores Promotes Adam Orvos to CFO

Orvos joined the retailer in January as group senior vice president of supply chain administration.
Capital Markets

SEC Gives Bond Dealers 3-Month Reprieve

The commission has delayed enforcement of amendments to a disclosure rule amid concerns over its potential impact on the bond markets.
Hiring

FedEx Rerouting 600K Packages a Day Due to Worker Shortage

The labor shortage had a $450 million impact on the company’s quarterly results.
People

CFOs On the Move: Week Ending September 24

Hootsuite, eHealth, Affinitiv, TripleLift, Jellyfish, Amwell, Datavant, Bubblr, ConsumerAffairs, Skience
Workplace Issues

Amazon’s Warehouse Productivity Measure Sparks New California Law

The new law will prohibit companies from enforcing quotas and penalties that hamper employees' health and safety.
Credit

Get Ready for Loan Enforcement

Here’s how borrowers can best prepare to obtain relief as lenders become more enforcement-oriented.
Tax

Chaos Reigns in Corporate Tax Departments

Both the buyers and sellers of corporate tax software need to recognize that we’ve now entered a world in which everything is intertwined.
Sustainability

CFO Taskforce Launches Global SDG Initiative

The group committed to invest more than $500 billion over the next five years towards the achievement of Sustainable Development Goals.
Cash Flow

Facebook Unveils $100M Trade Finance Program

The social media giant will buy invoices from small businesses owned by women and minorities, sparing them the usual wait to be paid by customers.
M&A

Intuit to Buy Email Marketing Firm Mailchimp for $12B

The deal is expected to close in the second quarter of next year and lift Intuit’s fiscal 2022 earnings.
Payments

Walmart Confirms No Partnership With Litecoin

A fake press release said the retailer would begin accepting payments in Litecoin, driving up the cryptocurrency's price by over 26%.
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