Risk Management
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SCOTUS rejects higher standard for overtime exemptions
The ruling is a “win” for businesses and “sets a consistent national standard under the Fair Labor Standards Act,” attorneys at Fisher Phillips wrote.
By Caroline Colvin • Jan. 17, 2025 -
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Former Silvergate CFO asks SEC to dismiss ongoing accounting claims
The ex-CFO of the now-defunct bank, which filed for bankruptcy following the FTX collapse, is arguing he had no “personal financial motive” for deceiving investors.
By Grace Noto • Jan. 16, 2025 -
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TrendlineCompensation: solving the cost-talent puzzle
In today’s strong labor market, CFOs leery of raising wages find creative ways to find and retain key employees.
By CFO Dive staff -
CFO Editorial Staff
Dropped PCAOB probe, lawsuit spotlight audit watchdog’s challenges
While the litigation was dismissed, the PCAOB is expected to face similar pushback from the incoming Trump administration.
By Maura Webber Sadovi • Jan. 15, 2025 -
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Inflation eases, pulling down benchmark measure of borrowing costs
Slowing inflation prompted futures traders to increase the odds that the Federal Reserve will trim the main interest rate more than once this year.
By Jim Tyson • Jan. 15, 2025 -
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New Mark43 CFO stresses importance of ‘measured’ AI deployment
Given the sensitive information at play in the public safety space, a measured approach to implementing generative AI technologies here is crucial, Mark43 CFO Chris Merwin said.
By Grace Noto • Jan. 15, 2025 -
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Accounting flexibility, governance key to reducing errors: Netgain
Reducing the barrier to enter into the accounting profession can help ward against accounting errors, Netgain’s Chris Miller said.
By Grace Noto • Jan. 14, 2025 -
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Meta joins chorus of DEI rollbacks, cutting roles and programs
The tech and social media giant ended a number of diversity, equity and inclusion initiatives last week, including its supplier diversity program.
By Lamar Johnson • Jan. 14, 2025 -
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IPO proceeds set to rise this year after 47% surge in 2024: EY
Plans by President-elect Donald Trump to loosen federal regulation may spur initial public offerings, EY said.
By Jim Tyson • Jan. 13, 2025 -
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Intuit CFO warns against isolationism, defends H-1B visas
CFO Sandeep Aujla asserts that the H-1B visa program — which has recently sparked controversy — is key because it gives companies access to global talent.
By Suman Bhattacharyya • Jan. 13, 2025 -
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‘Gangbusters’ hiring reduces odds of early 2025 Fed rate cut
The yield on the benchmark 10-year Treasury bond rose as investors bet the Federal Reserve will pause monetary easing.
By Jim Tyson • Jan. 10, 2025 -
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Cyberattacks, tech disruption ranked as top threats to business growth
Forty percent of executives view data breaches and leaks as the most financially burdensome man-made threats, a Chubb study found.
By Alexei Alexis • Jan. 8, 2025 -
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Deep DiveWalking a tightrope: 6 CFO trends for 2025
Financial executives can gain an edge this year by monitoring six trends in federal policy and business strategy.
By Jim Tyson • Jan. 7, 2025 -
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FCC net neutrality rule among first to fall in Loper Bright decision’s aftermath
No longer bound by deference to regulators, a Sixth Circuit panel ruled that the Biden administration cannot enforce stricter regulation policy on internet service providers.
By Justin Bachman • Jan. 6, 2025 -
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SEC gives PCAOB more leeway in de-registering accounting firms
A new rule could trigger withdrawal of PCAOB registrations beginning in the fall of 2026, the SEC said.
By Jim Tyson • Jan. 3, 2025 -
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Jobless claims fall to eight-month low, signaling steady labor market
Traders in interest rate futures have increased the probability that Fed policymakers this month will hold the federal funds rate at its current level.
By Jim Tyson • Jan. 2, 2025 -
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Sustainability profession at ‘crossroads’ amid stiff compliance: Trellis
Compliance is becoming a bigger part of a sustainability executive’s role, coupled with greater oversight from legal and CFO teams, according to the research firm.
By Suman Bhattacharyya • Jan. 2, 2025 -
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Tariffs could jump by $800B annually: PwC
Businesses should prepare for wide-ranging impacts stemming from a new presidential administration, including the need to revamp supply chains and cost structures.
By Suman Bhattacharyya • Updated Dec. 20, 2024 -
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Audit fees poised to rise further after 6.4% hike in latest cycle, report says
Additional pressure on audit pricing is expected to come from regulatory changes on the horizon such as the FASB’s income statement expense rules, FERF reports.
By Maura Webber Sadovi • Dec. 19, 2024 -
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M&A outlook intact despite Fed’s interest rate pivot: PwC
The Fed is “going in the right direction, albeit maybe not fast enough for some,” PwC’s Liz Crego said.
By Alexei Alexis • Dec. 19, 2024 -
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Gensler stresses PCAOB’s importance following $400M budget approval
Trust in public company financials “can easily be taken for granted,” outgoing SEC Chair Gary Gensler warned in a statement on the audit watchdog’s budget.
By Grace Noto • Dec. 19, 2024 -
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Fed trims main interest rate, signals prospect of less easing in 2025
Policymakers reduced the benchmark interest rate despite signs that their nearly three-year fight to push down inflation to their 2% target has stalled.
By Jim Tyson • Updated Dec. 18, 2024 -
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SEC cybersecurity enforcement outlook uncertain as Trump 2.0 looms
With issues such as cryptocurrency and climate change facing the next SEC chair, it’s unclear whether rolling back cybersecurity rules will be high on the priority list.
By Alexei Alexis • Dec. 17, 2024 -
Courtesy of MassMutual
MassMutual’s first female CFO looks back on her career, automation, and getting loud
Betsy Ward — the life insurer’s finance chief since 2016 — is retiring at the end of the year. She will be succeeded by Mary Jane Fortin, formerly of Thrivent Financial.
By Maura Webber Sadovi • Dec. 16, 2024 -
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4 not-so-nice holiday compliance pitfalls employers should avoid
It’s important to think through how to handle inappropriate gifts, alcohol and workplace decorations in advance, attorney Jonathan Segal said.
By Ryan Golden • Dec. 16, 2024 -
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OpinionIt’s time to prepare for FASB’s new compensation reporting rules
The new accounting standard will fundamentally change how businesses track and report compensation, especially with regards to bonuses and commissions, Mark Schopmeyer writes.
By Mark Schopmeyer • Dec. 13, 2024
