Nearly 99% of Tax Leaders Have Begun Preparing for ESG Requirements

With ESG disclosures and regulations being forecasted on the horizon for some time, a recent survey by Deloitte of 335 global tax leaders found nearly all respondents said they were in some stage of preparation or implementation of ESG-induced changes.Despite being in different stages of implemen...

By Adam Zaki • Nov. 8, 2022

6 Stakeholders Who Support the CFO to Take ESG Beyond Compliance

Corporate attitudes towards environmental, social, and corporate governance (ESG) typically lie on a spectrum between obligation and opportunity. Those with the dial set at obligation tend to focus on disclosure, reporting, and regulation. And yes, there are plenty of frameworks and regulations t...

By James Paterson • Nov. 3, 2022

Explore the Trendline➔

Tax policy shifts: What CFOs need to know to stay ahead

Discover how evolving tax policies are creating new opportunities and challenges for CFOs.

By CFO.com staff

Why APIs are the Future of Business-to-Bank Connections

Small-company CFOs and corporate treasurers know the software links with banks are suboptimal. Sending funds via wire can be a hassle, account balances are often accurate only as of the previous day, and some processes still have to be done manually.But an increase in the development of applicati...

By Vincent Ryan • Nov. 2, 2022

Fed Shows Resolve to Hit 2% Inflation Goal, Raises Rates Again

Federal Reserve Chair Jerome Powell and his staff have unanimously agreed to raise interest rates another 0.75% as of November 2. Although he expressed awareness of rising rates on both consumer prices and the ability to borrow, Powell insisted the Fed is willing to do whatever it takes to put in...

By Adam Zaki • Nov. 2, 2022

China’s Economic Slowdown: What CFOs Should Know

As economies across North America and Europe prepare for an economic downturn in the new year, China’s financial and manufacturing industries are also on pace for a slowdown. The world’s second-largest economy is experiencing the consequences of a major housing crisis, significant blows to its la...

By Adam Zaki • Nov. 1, 2022

Twitter CFO Ned Segal Ousted in Aftermath of Elon Musk’s Acquisition

Ned Segal, previously CFO of Twitter, was let go in the aftermath of Elon Musk's acquisition of the social media platform. After closing the deal on Oct. 27, per an SEC filing, Musk will take the company private as a subsidiary of X Holdings. The stock ticker is now delisted from the New York Sto...

By Adam Zaki • Oct. 29, 2022

4 Ways to Navigate a Recession in Today’s Tight Labor Market

The post-pandemic world has been marked by the release of pent-up demand, resulting in substantial growth for companies and a labor market strongly favoring employees. It seems as if now, the tables are turning. With one million fewer job openings reported in August compared to July, and steadily...

By Rob DiMase • Oct. 28, 2022

79% of Executives Expect a Recession; Only 35% Feel ‘Very’ Prepared: Weekly Stat

As the likelihood of a recession continues to increase as we approach the new year, a recent Aon survey of 800 C-suite leaders and senior executives found a majority of organizational leaders are self-admittingly underprepared for a major economic downturn.While the survey found nearly 79% of exe...

By Adam Zaki • Oct. 26, 2022

1st Time M&A: 3 Challenges CFOs Will Face

CFOs are a source of accuracy within an organization — essential for providing data related to day-to-day operations as well as for weighing in on larger strategic decisions. The CFO helps reconcile big-picture vision with reality by offering a set of ironclad facts.  You can have an entire caree...

By Frank Williamson • Oct. 24, 2022

Instacart Pulls IPO; CEO Says 2022 Listing Unlikely

Grocery delivery company Instacart has shelved its plans for an initial public offering this year.In a memo to employees on Thursday, Fidji Simo, chief executive of Instacart, wrote that turbulent market conditions make a stock exchange listing in the fourth quarter unlikely, reported the New Yor...

By Vincent Ryan • Oct. 21, 2022

Myron Scholes Says Odds Favor ‘Hard Landing’

Is the U.S. economy in for a hard, soft, or somewhere-in-between landing from the monetary tightening cycle? As someone who has been both on the academic and business side of finance, and has deep experience with managing risk, Myron Scholes is qualified to address the question.Scholes won the No...

By Vincent Ryan • Oct. 20, 2022

How Well Do You Understand Your Company’s Value Drivers?

Value drivers are the distinct qualities that make any company unique. When aggregated, they paint a picture of a company that is as distinctive as a Picasso, a one-of-a-kind representation illuminating its strengths and weaknesses, health and prospects, and what differentiates it from its closes...

By Reed Phillips and Charles Slack • Oct. 13, 2022

U.S. Corporate Bankruptcies Down 16% in September: Weekly Stat

Despite a whirlwind of reports of economic troubles in almost every industry, corporate bankruptcy filings in the United States are at their lowest in more than a decade, according to S&P Global Market Intelligence data. The 31 filings that took place in September were a 16% dip from the 37 f...

By Adam Zaki • Oct. 12, 2022

Debt-to-Equity Ratio Down 34 Percentage Points from Pandemic High

Despite weak second-quarter earnings and two-and-a-half years of negative operating cash flow, executives at Norwegian Cruise Lines forecast tailwinds for 2023. An uplift in cruise bookings next year and higher prices will “rebuild and improve margins” and maximize cash flow generation, the compa...

By Vincent Ryan • Oct. 12, 2022

Are You Your Company’s Chief Value Creation Officer?

Value creation is arguably the single most important initiative for any company. Yet executives are not always as focused on it as they should be. With all of their other responsibilities, they set value creation aside and assume they’ll get there by growing revenue and improving earnings.Unfortu...

By Reed Phillips and Charles Slack • Oct. 11, 2022

Corporate Cash Finally Finds Some Yield

For the first time in a while, there’s enough yield in short-term cash investing to make CFOs and treasurers notice.Relatively safe and liquid money market funds, Treasury bills, and other credit instruments have attractive rates again because of the Federal Reserve's interest rate hikes. Inflati...

By Vincent Ryan • Oct. 11, 2022

Budgeting vs. Forecasting: You Likely Need Both

It’s that time of year. The leaves are falling and the temperature is dropping. For those of us whose companies operate on a calendar year basis, that also means it is budgeting season.While there have been many technological enhancements over the years that profess to simplify and accelerate the...

By Michael Paull • Oct. 10, 2022

How Much Revenue Should Each Employee Generate? Metric of the Month

More than ever, organizations are counting on the people they bring on board to be well worth the investment.

By Perry D. Wiggins • Oct. 5, 2022

61% of Global Companies Disclose Decarbonization Strategies: Weekly Stat

Businesses across the globe are increasing disclosure around their climate impacts. In EY’s most recent Climate Risk Barometer, the report found companies are improving at disclosing and strategizing on their climate risks and opportunities, but efforts still leave significant room for improvemen...

By Adam Zaki • Oct. 5, 2022

Customer Service Functions Evade Cost Cuts

Companies may be tightening up on costs in response to a host of economic pressures this year, but they’re generally stopping short of risking customer satisfaction.In fact, in a July poll by Gartner, 21% of the 234 participating finance leaders said they plan to increase funding for their custom...

By David McCann • Oct. 4, 2022

How CFOs Should Gauge Risk Versus Reward in Investments

Inflation continues to pummel the spending value of the U.S. dollar domestically. Proactive CFOs have begun to keep this top of mind when looking at their cash reserves. Many organizations, whether public or private, are sitting on cash to guard against an incoming recession or because they're wa...

By Adam Zaki • Oct. 3, 2022

80% of CFOs Expect Cost Pressures to Persist Into Next Year: Weekly Stat

CFOs are starting to feel the weight of economic troubles, according to a recent survey by Duke University and the Federal Reserve Banks of Richmond and Atlanta. Although confidence in the economy as a whole rose slightly, financial executives across the board are dealing with an abundance of iss...

By Adam Zaki • Sept. 28, 2022

5 Tips to Help CFOs Achieve Carbon Neutrality

The pandemic challenged the world in many ways, and that included pushing the limits of what is possible with regard to business operations. The ingenuity required for businesses to turn on a dime and shift to remote business operations was unprecedented, and so was the significant worldwide redu...

By Adam Moloney • Sept. 28, 2022

SMBs Are Going Global: Don’t Ask Why, Ask Why Not

Finally nearing a post-COVID world, small and medium-sized businesses (SMBs) face a seemingly looming economic recession. I recently shared four ways SMBs can help recession-proof their business, and market diversification is the linchpin in that strategy. The U.S. Small Business Administration e...

By Michael Levine • Sept. 22, 2022

Fed Projected to Raise Interest Rates Another 0.75%

Update: At 2 p.m. EDT the Federal Reserve Open Market Committee announced it had decided to raise the target range for the federal funds rate to 3%-3.25%. In its official statement, the FOMC said recent indicators "point to modest growth in spending and production. ... Inflation remains elevated,...

By Vincent Ryan • Sept. 21, 2022