The Latest
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Fed's TALF program opens this month to loosen credit markets
The first subscription round opens June 17, signaling the start of the government's effort to attract investors to securities backed by strategically targeted assets.
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Fotolia
Survey: 9 Traits for performance-driving CFOs amid pandemic
Taking riskier bets, knowing when to cut losses, and developing a customer theory top the list of key CFO attributes in the latest Gartner survey.
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Sec. 363 bankruptcy sales may yield higher prices than Chapter 11
The process is less familiar than Chapter 11 but can result in quicker sales and more proceeds to secured creditors.
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Fast CFO action equipped residential builder to survive downturn
Putting land deals on hiatus, improving cash visibility and understanding buyer concerns has helped the finance chief of Meritage Homes keep the company on an ambitious growth track.
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CARES Act tax breaks are great — unless they're not
The new retention credit, payroll tax deferral, and expansion of net operating losses, among other tax assistance to help during the slowdown, might not sync with your company's financial situation.
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Company culture shines through despite virtual onboarding, new CFO says
All CFOs place strong demands on their team members in the normal course of business, new Park Place Technologies CFO Andrew Gehrlein told CFO Dive, but willl appreciate flexibility and concern when things finally return to normal.
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Getty
The unique perks of hiring a neuroscientist CFO
Vor Biopharma's Nathan Jorgensen told CFO Dive that early biotech company investors usually dig deep into the science, but "someone has to communicate with them about the company’s scientific progress in an effective way; that’s where I come in.”
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Robert Walton
5-time CFO: 'The business model is the CFO's north star'
Tim Adams, new CFO at cybersecurity ratings company BitSight, believes staying connected to your team is necessary to weather the current storm.
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Opinion
Using real-time data to set contract worker pay
As shutdowns lift, companies are relying heavily on expensive contract workers without knowing what other companies are paying.
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SEC hits PE firm Ares with $1M compliance fine
The firm's investment advisory arm used non-public information about a portfolio company from its private equity arm without adequate controls.
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Insurers propose pandemic assistance plan
Federal money, not business interruption insurance, is the appropriate response to a pandemic, property and casualty carriers say.
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Fotolia
How are CFOs revamping their scenario plans?
The pandemic has forced CFOs to reevaluate their approach and account for a wider range of possible outcomes.
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Need and eligibility keys to avoiding PPP loan liability risk
Document what goes into your decision to apply for a loan to protect yourself and your company if you're hit with an audit or lawsuit, an attorney says.
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Fotolia
Is the CFO an organization's conscience?
At this critical juncture, CFOs are prized if they can move their company from financial rigidity to empathy.
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As going-concern opinions rise, so too could debt covenant defaults
Audits that question the likelihood of a company's survival during the downturn could inadvertently cause a breach in credit terms.
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Daphne Howland/CFO Dive
Macy's names new CFO amid expected $1B operating loss
As the embattled retailer wraps up its disappointing first quarter, it named controller Felicia Williams interim CFO, replacing Paula Price, who had been in the role for less than two years.
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Delay in lease, revenue recognition rules made official
A one-year delay in new standards mainly affects private companies and nonprofits that haven't yet put them in place.
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Firmspace
CFOs urged to employ blend-and-extend occupancy strategy
As stay-at-home mandates lift, companies that can keep employees at home are in a good position to negotiate lower rents on downsized space.
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Getty Images
New CFO-COO: Pandemic presents transformation opportunity for chief finance role
"If you don’t think there’s an opportunity now to completely transform your business' financial health, you’re probably missing something," Brian Meewes, new CFO-COO of healthcare tech company OODA Health, told CFO Dive.
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New FairWarning CFO's No. 1 rule: Over-communicate
As CFOs attempt close contact with their teams and maintain a handle on company finances, Philip Devine recommends hammering critical messages home.
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Fotolia
CFOs urged to buy back debt if it is trading below par value
Credit market dislocations make now a potentially good time to deleverage balance sheets.
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Liquidity, forecasting essential for CFOs, mid-crisis
As Omar Choucair, CFO of SaaS company Trintech, helps his clients manage the downturn, he urges CFOs to remain open to expanding their duties.
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Opinion
Growing value by stewarding company reputation
CFOs who take a hands-on approach to managing their company’s reputational value send market signals that lead to improved equity and debt pricing.
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Permission granted by Life360
New CFO's pandemic guidelines: Planning, planning, and more planning.
Burke became CFO of Life360 last week without shaking the CEO's hand or meeting the finance team, but he has a plan to get a handle on the startup's finances from a far distance, he told CFO Dive.
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Morningstar hit with $3.5M fine for conflicts of interest
The credit rating agency, in several instances, failed to separate its analysts from selling and marketing to potential clients.
