CFOs: Higher Input Costs Will Persist
Some companies are taking aggressive action to pass on at least some of the abnormal cost increases to customers.
CFOs Being Cautious With Balance-Sheet Cash
Many finance execs plan to maintain their higher cash balances until at least September, finds the AFP.
FASB Launches Agenda Consultation Project
The first in five years, the project seeks comments about the Financial Accounting Standards Board's future standard-setting agenda.
Lordstown Motors May Run Out of Gas
The electric vehicle pickup truck maker issued a "going concern" warning, disclosing it didn't have the funds to start commercial production.
Gensler Ousts PCAOB Chair; Other Board Members to Follow
Besides removing William D. Duhnke III, the SEC said it intends to seek candidates to fill the other Board positions.
PCAOB Critics Call On Gensler to Clean House
"We do not believe the current Board members are up to the task of re-focusing the PCAOB on its core mission," says an investor group.
Small-Biz Owners Used Forbearance, HELOCs to Survive
In the depths of the pandemic, many owners turned to their personal credit to keep their businesses from going under.
JPMorgan Chase Names Jeremy Barnum CFO
Barnum takes the place of Jennifer Piepszak, who was named co-head of the bank's consumer and community banking business.
Corporate Cash Holdings Metric Offers Mixed Signals
About one-third of companies saw their cash balances fall in the first quarter, but did that indicate investment or poor financial performance?
A Dedicated M&A Team May Be Worth It
A new academic study finds that specialized M&A staffs help acquirers identify targets that have higher synergies.