Strategy & Operations: Page 18
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Accounting pipeline task force calls out 6 fixes
Reducing the time and cost of education needed to become a licensed CPA and raising starting salaries were among the solutions proposed in the final report.
By Maura Webber Sadovi • Aug. 2, 2024 -
6 out of 10 firms expect to hold finance staffing steady, study finds
While the majority of firms say they expect to hold staffing levels steady, competition for qualified professionals — especially controllers — is fierce, according to a recent Controllers Council survey.
By Chris Gaetano • Aug. 2, 2024 -
Explore the Trendlineâž”
alexyz3d via Getty ImagesTrendlineNavigating risk in turbulent times
CFOs must help their organizations mitigate risks by balancing the need for both growth and stability.
By CFO Dive staff -
Minnesota CPAs eye 2025 after 120-hour bill stalls
The bill would have allowed Minnesota CPAs to obtain a license with just 120 college credit hours — rather than the 150 hours now required.
By Maura Webber Sadovi • July 30, 2024 -
BlackBerry promotes cyber finance chief to company CFO
The CFO shift comes as BlackBerry seeks $150 million in cost saving and proceeds with a separation plan for its IoT and cybersecurity divisions.
By Grace Noto • July 30, 2024 -
Startup focused on easing digital B2B payment pain points raises $9M
The move comes as digital payments among businesses are expected to surge in coming years, creating a complex new world with potential challenges for vendors.
By Alexei Alexis • July 30, 2024 -
How the GenAI boom is impacting M&A deals
About eight in 10 dealmakers responding to a KPMG poll said that GenAI has had some effect on their M&A strategy.
By Alexei Alexis • July 30, 2024 -
Election turmoil ratchets up CFOs’ geopolitical risks
Finance leaders’ agility is facing a fresh test as they consider potential impacts of the recent shakeup in the U.S. presidential election.
By Maura Webber Sadovi , Grace Noto • July 29, 2024 -
Deep Dive
7 CFO tips for yielding high ROI during the rush into generative AI
Financial executives willing to chance big spending on generative AI can take steps to reduce risk and seize the payoffs.
By Jim Tyson • July 26, 2024 -
3 risky ‘surveillance pricing’ practices to avoid
CFOs should be ready for potentially tougher enforcement actions connected to pricing practices in the future, says Michael Keeley, an attorney with law firm Axinn, Veltrop & Harkrider.
By Suman Bhattacharyya • July 25, 2024 -
Estée Lauder controller lands CFO seat amid restructuring
Akhil Shrivastava, a nine-year company veteran, understands “the levers the company can pull to revive growth,” Morningstar analyst Dan Su writes.
By Maura Webber Sadovi • July 24, 2024 -
Alphabet investors get mixed news from departing CFO Ruth Porat
The tech giant’s shares sank after Porat’s mixed comments about the company’s operating margin outlook.
By Alexei Alexis • July 24, 2024 -
Spotify profit jumps amid ‘early days’ of price increases
Interim CFO Ben Kung said the music streamer is “encouraged” by the initial consumer reaction to the company's recent price hikes.
By Maura Webber Sadovi • July 23, 2024 -
‘Friendly fraud’ persists under the radar
Fraud committed by customers threatens companies’ bottom lines and often goes unreported, experts say.
By Suman Bhattacharyya • July 23, 2024 -
Judge deals major blow to SEC’s cybersecurity enforcement stance
“The decision substantially limits the SEC’s authority to challenge a company’s cybersecurity program,” attorney Mark Schonfeld said.
By Alexei Alexis • July 23, 2024 -
Many CFOs still in early phase of digital transformation: McKinsey
Finance teams are grappling with roadblocks such as already-demanding workloads, a lack of relevant capabilities and insufficient resources.
By Alexei Alexis • July 23, 2024 -
Firms favored reorganizations over liquidations in H1: S&P
The jump in companies choosing Chapter 11 could signal rising corporate optimism about reorganization prospects that is partly driven by anticipated rate cuts.
By Maura Webber Sadovi • July 22, 2024 -
Visa, Mastercard say CrowdStrike didn’t impact networks
Still, cardholders may have been affected, particularly in Europe, as some bank card issuers were hit by the cybersecurity company’s update snafu.
By Lynne Marek • July 22, 2024 -
Sponsored by Celonis
From the top line to bottom line to green line: The multifaceted impact of sustainability
Sustainability is now a crucial guiding principle for businesses globally.
July 22, 2024 -
Deep Dive
‘Surge Moment’: Generative AI upends time-tested measurements of ROI
CFOs gauging the return on investment from generative artificial intelligence are trying to map fuzzy terrain, according to financial executives and AI experts.
By Jim Tyson • July 19, 2024 -
Opinion
Finance leaders need to move quickly to prep for the ‘tax trifecta’
U.S. businesses must begin scenario planning ahead of the presidential election to avoid being caught off guard by sudden shifts in tax policy, KPMG’s Rema Serafi writes.
By Rema Serafi • July 19, 2024 -
Legacy tech upgrades cost the average business nearly $3M last year
Maintenance costs, impacts on the data stack and AI ambitions are pushing companies to modernize, a SnapLogic survey found.
By Lindsey Wilkinson • July 19, 2024 -
CrowdStrike software update at the root of a massive global IT outage
A defective software update led to major disruptions in aviation, banking and other industries as Microsoft 365 services were impacted worldwide.
By David Jones • July 19, 2024 -
‘Say-on-pay’ proxy support rises despite concerns about PSUs: EY
The number of investor activist campaigns this proxy season rose to 691, a 2.4% increase compared with 2023, according to EY.
By Jim Tyson • July 17, 2024 -
High interest rates dampen hopes for robust M&A recovery
While M&A activity is gaining momentum, dealmakers continue to face a mixed macroeconomic environment, Boston Consulting Group analysts said.
By Alexei Alexis • July 17, 2024 -
CFOs plan to raise salaries 3.9% in 2025: WTW
U.S. companies are trimming salary increases as the labor market loosens, recovering from a pandemic period of high resignations, job hopping and wage gains.
By Jim Tyson • July 16, 2024