Accounting & Tax

Financial Performance

U.S. Airlines in Strong Position to Withstand Virus

Fitch Ratings says industry consolidation and profitability should shield carriers from a temporary falloff in demand.
Tax

Democrats Balk at Trump Payroll Tax Proposal

“What they want to do is hit Social Security like a wrecking ball with a massive tax cut for the country’s biggest corporations."
Accounting & Tax

FedEx CFO Alan Graf to Retire After 22 Years

Treasurer Mike Lenz will replace Graf as FedEx faces the challenge of adapting to increased ecommerce deliveries.
Budgeting

The CFO’s Response to Coronavirus Uncertainty

Learning the levers now will mean they can be deployed more quickly, more effectively, and more successfully later.
Budgeting

Emergency Coronavirus Bill Passes Final Hurdle

The $8.3 billion package approved by Congress far surpasses the $1.25 billion President Trump requested.
Global Business

U.K. Airline Flybe Closes Two Months After Rescue Deal

The coronavirus tipped the long-struggling airline over the edge.
Risk Management

Three Key Coronavirus-Related Strategic Risks to Consider

While it's too early to measure the impact the disease will have on companies, finance chiefs should be prepared to deal with these risk factors.
Payments

Metric of the Month: Detect and Prevent Duplicate or Erroneous Payments

Duplicate or erroneous payments can be financially damaging, but they can be prevented.
Accounting

Coronavirus: Five Things to Think About Before Closing the Books

Finance and tax are grappling with some important questions they need to answer before they wrap up 2019.
Financial Performance

SmileDirect Shares Plunge on ‘Sour’ Q4 Report

The teledentistry company said it would pivot to control growth to achieve profitiability after posting a 25 cents per share loss.
Tax

Trade Tensions Still Vex Tax Execs

Despite the preliminary trade deal with China, corporate tax leaders expect tariffs to be a pain in their side throughout 2020.
Credit

Banks’ Expenses Growing, But Not Their Incomes

The formula for banks' lower profits: three rate cuts by the Fed, yield-curve inversions, and higher salary and benefits costs.
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