Strategy & Operations: Page 14
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How hasty digital transformations can backfire
The stakes are high as companies race to adopt cutting-edge technologies like artificial intelligence and look to avoid falling behind competitors.
By Alexei Alexis • Oct. 15, 2024 -
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OpinionA CFO roadmap for successful and safe AI implementation
Teams must ensure that proper data governance and management policies are in place before even considering AI adoption, writes AvePoint’s Jim Caci.
By Jim Caci • Oct. 15, 2024 -
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TrendlineNavigating risk in turbulent times
CFOs must help their organizations mitigate risks by balancing the need for both growth and stability.
By CFO Dive staff -
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Female CFOs, CEOs at big companies outearn male counterparts
Women have made gains in recent decades at companies of all sizes but are far from attaining parity in all ways with men in the workplace, according to recent reports.
By Jim Tyson • Oct. 14, 2024 -
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Deloitte joins backers of 120-credit hours CPA licensure option
KPMG and now Deloitte have endorsed a proposed change in CPA licensure requirements allowing candidates to replace a fifth year of schooling with work experience.
By Maura Webber Sadovi • Oct. 14, 2024 -
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Sponsored by Bank of TexasWhat to do if your company is buried in debt—or how to avoid it
Bank of Texas talks “zombie companies” and offers advice for companies buried in debt and those looking to avoid it.
Oct. 14, 2024 -
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5 tips for businesses filing hurricane-related insurance claims
With Hurricanes Helene and Milton estimated to have cost tens of billions of dollars in damage, it’s important for businesses to carefully document the impact when filing insurance claims.
By Maura Webber Sadovi • Oct. 11, 2024 -
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OpinionHealthcare’s paper check disease
“The persistence of paper checks for patient refunds is not just an inconvenience — it's a symptom of a larger problem that threatens the very sustainability of healthcare organizations,” one software firm CFO writes in this opinion piece.
By Seton Marshall • Oct. 11, 2024 -
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Core consumer price inflation rises 3.3%, outpacing expectations
Despite higher-than-forecast price pressures, John Williams, president of the Federal Reserve Bank of New York, said “inflation has come within striking distance of our 2% goal.”
By Jim Tyson • Oct. 10, 2024 -
"Royal Bank of Canada's global headquarters at 200 Bay Street in Toronto, Canada" by Francisco Diez is licensed under CC BY 2.0
RBC’s ousted CFO lands at Canaccord
In April the Royal Bank of Canada fired its then CFO Nadine Ahn, citing an “undisclosed personal relationship” that violated its code of conduct. Ahn subsequently sued RBC for wrongful dismissal.
By Maura Webber Sadovi • Oct. 10, 2024 -
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AI adoption among CFO teams is ‘just starting to ramp up’
The research comes as enterprises are seeing an explosion of AI-powered software tools designed to streamline workflows.
By Alexei Alexis • Oct. 10, 2024 -
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Election delays some M&A deals: report
Dealmakers are grappling with uncertainties around upcoming elections in the U.S. and elsewhere, a Datasite survey found.
By Alexei Alexis • Oct. 9, 2024 -
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KPMG backs 120-credit hour alternative CPA licensure option
Paul Knopp, KPMG U.S. Chair and CEO, called the deepening accounting talent shortage “a brewing crisis” that needs to be addressed in the “near term.”
By Maura Webber Sadovi • Oct. 9, 2024 -
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C-suites say both Trump and Harris would hurt U.S. competitiveness: PwC
The hard-to-predict outcome from the Nov. 5 election has compelled CFOs to scale back business expectations and forgo investment, recent surveys show.
By Jim Tyson • Oct. 9, 2024 -
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AICPA moves to amend financial statement standard
As companies are increasingly outsourcing accounting, the AICPA is looking to amend the standard for financial statements prepared by an external entity.
By Maura Webber Sadovi • Oct. 8, 2024 -
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Small business uncertainty hits record high: NFIB
High borrowing costs, a major cause of uncertainty, show no signs of easing even though the Federal Reserve last month cut the main interest rate by a half percentage point.
By Jim Tyson • Oct. 8, 2024 -
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Corporate boards, C-suite teams urged to step up tech focus
The current tech landscape “now demands that businesses reinvent themselves to remain competitive,” according to a report by the National Association of Corporate Directors.
By Alexei Alexis • Oct. 8, 2024 -
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CFO compensation at recent IPO companies hits $1.2M average
Setting executive compensation has become more complex for companies considering an IPO because of regulatory, legal and other factors, Alvarez & Marsal said.
By Jim Tyson • Oct. 7, 2024 -
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Companies signal pullback on Israel-Gaza philanthropy: Conference Board
As the conflict enters its second year, some companies will likely wind down funding commitments amid concern about backlash to corporate policies, the Conference Board’s Andrew Jones said.
By Maura Webber Sadovi • Oct. 7, 2024 -
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Sponsored by ProtivitiAI investments require the CFO’s expertise – and vice versa
AI aids CFOs' top goals, with 1 in 3 finance firms using it for automation and forecasting.
By Chris Wright, Managing Director Global Leader, Business Performance Improvement Practice • Oct. 7, 2024 -
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Inflation, interest rates continue to drive big business bankruptcies
The services, manufacturing, finance and real estate sectors are among the industries experiencing higher levels of financial distress, according to Cornerstone.
By Maura Webber Sadovi • Oct. 4, 2024 -
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What must-have AI skills do finance execs need? First, dig in.
CFOs don’t need to code AI themselves, but they do need to try it out and learn how it can be applied to their individual situations, consultants say.
By Chris Gaetano • Oct. 4, 2024 -
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Hurricane Helene aftermath prompts card, cash troubles
After the storm ripped through the southeastern U.S., consumers and merchants have been left grappling with card network outages and cash shortages.
By Lynne Marek • Oct. 4, 2024 -
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Generative AI hits 28% usage rate, spreads throughout US workplace: NBER
By March generative AI’s most common tools had been accessed more than 3 billion times by hundreds of millions of users every month.
By Jim Tyson • Oct. 3, 2024 -
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AICPA, NASBA draft new CPA rules for states to model
The proposed update to the Uniform Accountancy Act is a key step toward opening a path to CPA licensure that requires fewer college credits.
By Maura Webber Sadovi • Oct. 3, 2024 -
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US corporate commitment to diversity in decline, McKinsey says
“Progress is surprisingly fragile, especially for women of color, who continue to be underrepresented at every level” of the corporate hierarchy, McKinsey said.
By Jim Tyson • Oct. 2, 2024
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