Strategy & Operations: Page 18


  • Financial reports
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    DNY59 via Getty Images
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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 Aug. 2, 2024
  • in-house lawyer job interview
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    Fizkes via Getty Images
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    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
  • navigating Explore the Trendlineâž”
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    alexyz3d via Getty Images
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    Trendline

    Navigating 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 State Capitol
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    Stephen Maturen via Getty Images
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    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 July 30, 2024
  • Close-up Portrait of Software Engineer Working on Computer, Line of Code Reflecting in Glasses.
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    gorodenkoff via Getty Images
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    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 July 30, 2024
  • Businesswoman checks online invoice
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    AndreyPopov via Getty Images
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    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 July 30, 2024
  • Office workstation top view of business people working around the letters "M&A" as well as a keyboard, calculator, phablet and money on wooden table.
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    Atstock Productions via Getty Images
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    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 July 30, 2024
  • Image of President Biden sitting at his desk in the Oval Office on July 24 addressing the nation about his decision to not seek reelection.
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    Andrew Harnik via Getty Images
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    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 , July 29, 2024
  • Artificial Intelligence Machine Learning Natural Language Processing Data Technology
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    Just_Super via Getty Images
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    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 July 26, 2024
  • price tags
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    FangXiaNuo via Getty Images
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    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 July 25, 2024
  • Makeup and accessories displayed on a store counter.
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    Jason Kempin via Getty Images
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    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 July 24, 2024
  • Ruth Porat, Google
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    Noam Galai via Getty Images
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    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 July 24, 2024
  • The Spotify company logo is diaplayed as traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on February 01, 2023 in New York City.
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    Michael M. Santiago / Staff via Getty Images
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    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 July 23, 2024
  • Stack of credit cards spread out
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    bernie_photo via Getty Images
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    ‘Friendly fraud’ persists under the radar

    Fraud committed by customers threatens companies’ bottom lines and often goes unreported, experts say.

    By July 23, 2024
  • Securities and Exchange Commission, SEC, Building in Washington DC
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    qingwa via Getty Images
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    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 July 23, 2024
  • Header image for "65% of Execs Say Generative AI Will Have High Impact in 3-5 Years: Weekly Stat"
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    Andrew Brookes
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    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 July 23, 2024
  • The exterior of a U.S. Bankruptcy Courthouse.
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    GussWilder for iStock via Getty Images
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    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 July 22, 2024
  • CrowdStrike booth at Black Hat USA 2023 in Las Vegas.
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    Matt Kapko/CFO Dive
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    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
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    THEPALMER via Getty Images
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    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
  • A digital outline of a brain with lights emerging from the stem, creating a half circle that looks like the globe.
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    dem10 via Getty Images
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    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 July 19, 2024
  • IRS
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    Chip Somodevilla via Getty Images
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    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
  • IT Technician with a Laptop Computer and Black Male Engineer Colleague are Talking in Data Center while Walking Next to Server Racks.
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    gorodenkoff via Getty Images
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    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
  • A blue screen with an unhappy face is depicted on a screen in the background behind glass and in front of a person looking down.
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    Anthony Kwan / Stringer via Getty Images
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    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
  • Board of directors
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    FatCamera via Getty Images
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    ‘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 July 17, 2024
  • Federal Reserve Bank Chair Jerome Powell speaks during a congressional hearing.
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    Bonnie Cash via Getty Images
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    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 July 17, 2024
  • A businessperson hands a colleague a paycheck.
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    AndreyPopov via Getty Images
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    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 July 16, 2024