PwC’s Wes Bricker: Economy is top of mind as CFOs face ‘decade of disruption’

The coming year will see CFOs zero in on profitability and pricing strategies that can foster growth in a high-rate environment.  

By Grace Noto • Jan. 18, 2024

Retail sales exceed forecasts, highlighting steady consumer-fueled growth

Robust retail sales defy predictions that trends such as declining savings and a cooling labor market will inhibit consumer spending. 

By Jim Tyson • Jan. 17, 2024

Explore the Trendline➔

Compensation: 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

FedEx CEO eyes Red Sea crisis, rising ocean rates

With ocean shipping rates spiking amid attacks by Houthi rebels, FedEx says it’s closely watching the situation.

By Suman Bhattacharyya • Jan. 17, 2024

Disney rejects ex-CFO Rasulo, Peltz as board nominees

Disney’s board resisted pressure for a shakeup, opting instead for its own slate of 12 nominees including CEO Robert Iger.

By Alexei Alexis • Jan. 17, 2024

CEOs see ballooning federal debt as biggest business threat: Conference Board

Congressional leaders wrangle over federal spending and struggle to avert a government shutdown as business leaders fret over the worsening fiscal outlook.

By Jim Tyson • Jan. 16, 2024

AI ranked by tech CFOs as top 2024 investment priority

The technology also triggered concerns including the potential for data privacy risks and negative workforce impacts such as job displacement.

By Alexei Alexis • Jan. 16, 2024

Finance firms shift to defensive AI playbooks

Just over a year after ChatGPT’s launch rocked corporate digital transformation plans, a Nvidia survey signals changes in how finance chiefs think about AI.  

By Suman Bhattacharyya • Jan. 16, 2024

6 AI tips for first-time adopters

Companies adopting AI for the first time must be ready to do it responsibly and in a way that can deliver real business value, writes Hero Digital’s Arun Kumar.

By Arun Kumar • Jan. 16, 2024

Google lays off hundreds of workers, citing organizational changes

Several divisions were impacted, including teams in central engineering, augmented reality and the Google Assistant unit.

By Roberto Torres • Jan. 12, 2024

Compensation committees face busy dockets in 2024, experts say

Incentive plan performance ranges and the use of discretion in incentive payouts are among the issues compensation panels are likely to confront. 

By Lyle Moran • Jan. 12, 2024

IRS streamlining falls short despite budget boost: Taxpayer Advocate

Although improving some taxpayer services, the IRS has overstated its progress by claiming to answer 85% of calls, the national taxpayer advocate said.

By Jim Tyson • Jan. 12, 2024

Inflation inches up, signaling prospect of extended Fed inflation fight

The consumer price index last month rose more than anticipated, with gains in the cost of services staying stubbornly high.

By Jim Tyson • Jan. 11, 2024

AR sobriety: How to cut your losses

Late payments mean your company is effectively loaning money at zero interest. It’s time to tighten your billings and collections systems, Dean Kaplan writes.

By Dean Kaplan • Jan. 10, 2024

Economic growth will slow to 1.6% in 2024 as high rates bite: World Bank

The most restrictive monetary policy in 40 years will weigh on growth but probably not trigger a downturn this year and in 2025, the World Bank said.

By Jim Tyson • Jan. 10, 2024

CFOs look to tech, M&A to foster growth: Deloitte

Finance chiefs are eyeing digital technologies and new potential deals as they marshal their plans for the new year, Deloitte said.  

By Grace Noto • Jan. 9, 2024

Seeking ‘Goldilocks’: 5 CFO trends for 2024

Financial executives in the new year must protect profits by adapting to trends ranging from falling price pressures and borrowing costs to federal disclosures on carbon emissions.

By Jim Tyson • Jan. 9, 2024

New CVS drug pricing formula won’t drive up costs, CFO says

Tying the prices it charges for medicines to those charged by pharmaceutical companies will put the healthcare giant’s pharmacy business on a more sustainable footing, executives said.

By Suman Bhattacharyya • Jan. 8, 2024

Bankruptcies surge 18% in 2023 as more distress looms

The rise in business failures was one of the darker pieces of last year’s economic puzzle. 

By Maura Webber Sadovi • Jan. 4, 2024

73% of accounting students lack money for gaining CPA license

To stem a talent shortage, accounting firms need to reach out to potential CPAs well before they select their college majors, according to a CPA association.

By Jim Tyson • Jan. 3, 2024

Finding the profitability, growth balance: Kaseya CFO

Taking a strategic approach to hiring and investment can aid CFOs looking to place their companies on the path to hypergrowth, Kaseya’s finance chief said.

By Grace Noto • Jan. 3, 2024

CFO optimism rises on outlook for 2024 economy: Fed

Financial executives expect solid business performance in 2024, forecasting on average 5% revenue growth and a 2.7% expansion in payrolls.

By Jim Tyson • Jan. 2, 2024

AI may boost M&A dealmaking this year

M&A activity could be on the verge of a rebound this year, with artificial intelligence playing a key role, analysts say.

By Alexei Alexis • Jan. 2, 2024

Driving FP&A transformation in 2024

Indirect spend is an area that is perfect for radical automation — the kind that can deliver huge cost savings for a business, writes Globality’s Seth Catalli.

By Seth Catalli • Jan. 2, 2024

AICPA targets talent crunch with over 200 apprentices

Finding accountants remains a top challenge for CFOs. AICPA’s program aims to meet their needs by expanding the talent pool.

By Maura Webber Sadovi • Dec. 21, 2023

5 tips for smoothing out year-end AP/AR processes

Being proactive in evaluating processes, policies, and technology solutions, can save AP/AR leaders a world of trouble as they prepare the year-end close.

By Chris Gaetano • Dec. 21, 2023