The Latest

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    Courtesy of Orthofix
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    Orthofix pays former executives $24M in damages

    The payments were made after a California arbitrator found private text messages between Orthofix executives couldn’t be considered cause for firing.

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    Getting CFOs past the first AI ‘easy mile’

    For organizations that have “quirky” house data, taking the time and resources to build a bespoke AI solution can often be more effective, Quadient’s Lilac Schoenbeck said.

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    Alamy
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    Borrowing costs still too low to cool inflation, economists say in survey

    Business spending will likely grow at a 12.6% annual rate this year before slowing to 6.2% in 2027, according to economists surveyed by Wolters Kluwer.

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    CFO warns against ignoring ‘shallowfakes’ in expense reports

    “If I saw [an employee’s expense] claim I thought was fraudulent, I would be all over it,” Medius CFO Chris Wilmot said.

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    Big bankruptcies decline while pace holds above historical average: Cornerstone

    Several large companies cited tariffs as a contributing factor driving their bankruptcies, report co-author Trevor Haynes said.

  • Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California.
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    Mario Tama via Getty Images
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    PepsiCo CFO touts cost discipline, slashes guidance

    The beverage giant is focused on cutting costs as it navigates rising food prices and changing consumer habits which have impacted its North American business.

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    AI can help CFOs expand finance without adding staff: Prophix CEO

    As workloads rise and headcount growth slows, Prophix CEO Alok Ajmera expects AI to give finance teams more capacity — but trust remains a hurdle.

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    Brandon Bell via Getty Images
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    Tariffs pushed up consumer goods prices by 2.9 percentage points: NY Fed

    Consumer expectations for inflation rose for the second straight month to the highest level since May, the University of Michigan said Friday, citing an October survey.

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    Deloitte fined $7.9M by UK regulator for failed audits

    Deloitte UK’s “decisions and actions put very large amounts of U.K. taxpayers’ money at risk,” according to the top investigator at the Financial Reporting Council.

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    Basware CFO says AI upskilling requires ambition

    CFOs need to develop their AI skills in a way that centers the accuracy and reliability of data that’s integral to finance, Basware’s Martti Nurminen said.

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    Mark Wilson via Getty Images
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    World Bank picks BNP Paribas veteran for CFO

    David Vaillant is leaving the French bank and will take the international development organization’s finance seat next month.

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    House proposal would clarify liability rules for AI agents

    Developers would be held liable under the draft bill when their AI agents harm third parties through conduct that would be unlawful if committed by a human.

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    All Fed officials backed vote to hike benchmark rate: FOMC minutes

    Inflation expectations among consumers rose last month for both the one-year and three-year time horizons, the Federal Reserve Bank of New York said Wednesday.

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    PwC exec ushers in AI-assisted audits, awaits bigger time savings

    What has surprised PwC’s Shawn Panson the most over the 12 months since the AI project was launched has been the speed of technological change. 

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    2027 finance conference roundup

    CFOs and their finance teams can explore the latest best practices for leadership in an uncertain business climate at upcoming industry events.

  • Aerial view of the Chevron EL Segundo refinery on April 8, 2026 as seen from above Manhattan Beach, California
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    Mario Tama via Getty Images
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    Chevron names insider CFO amid leadership shifts

     Long-time Chevron executive Jeff Gustavson will receive a base salary of $1 million when he assumes its top finance seat in January, the oil company said.

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    Spencer Platt / Staff via Getty Images
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    Pinterest swipes Amazon exec for CFO

    James Dibbo will take Pinterest’s finance reins later this month as the visual search and shopping platform vies for new advertisers and users.

  • The Securities and Exchange Commission headquarters is seen on April 25, 2025 in Washington, DC. SEC held a roundtable with the SEC's Crypto Task Force that was titled “Know Your Custodian: Key Considerations for Crypto Custody” in which they heard from officials working in Crypto. (Photo by Anna Moneymaker/Getty Images)
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    Anna Moneymaker / Staff via Getty Images
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    SEC charges former CEO with secretly giving millions in stock to family

    The CEO’s “fraudulent scheme was lucrative for him and his daughter,” the Securities and Exchange Commission alleged.

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    SAP expands into payments as finance automation push deepens

    The new service supports multiple payment methods, including wires and stablecoin-based transactions, the company said.

  • A person points at a touchscreen, ready to press, which features AI chatbot prompts.
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    AI verification eats up 26% of finance teams’ workweek: Datarails

    Lack of auditability ranks as the biggest barrier to trusting AI for mission-critical finance tasks, followed by concerns about accuracy and hallucinations.

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    Joe Raedle via Getty Images
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    Tech hiring dips despite spike in job postings

    Demand for technology roles reached a three-year high, as employers added more than a quarter million postings last month, CompTIA found.

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    Scott Olson via Getty Images
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    Ex-CFO gets 2-year prison sentence for wire fraud

    The former CFO of the Arkansas Pediatric Clinic has surrendered her CPA license and was also ordered to pay $540,599 in restitution. 

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    Coinbase CAO to retire as leadership shuffle continues after layoffs

    News of the long-time CAO’s planned exit comes just months after the New York-based company said it would lay off 14% of its workforce.

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    US services sector slows, hobbled by tariffs, higher fuel costs

    Growth in the services sector has helped sustain economic growth despite tariffs, the war with Iran and rising borrowing costs.

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    Courtesy of Chicken Salad Chick
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    Chicken Salad Chick CFO’s path from burger grill to C-suite

    GrubHub alum Drew Travis recently joined the Atlanta-based restaurant chain, which is expanding into West Virginia, New York and Michigan this year.