The Latest
-
Alexion pharma settles SEC false books charges
Subsidiaries of the company allegedly paid foreign government officials to provide favorable regulatory treatment for, and falsified records about, one of its drugs.
-
Retrieved from ViacomCBS on July 01, 2020
Amazon exec to step in as ViacomCBS CFO
Naveen Chopra, who has served as CFO of Amazon's Devices and Services business, Pandora, and TiVo, will begin his new role at the newly merged company on August 10.
-
NetApp investing in go-to-market engine despite uncertainty
The cloud data services company is reallocating its resources to bolster its sales ranks and grow market share.
-
Photo by LinkedIn Sales Navigator on Unsplash
Trading platform equips SaaS companies to sell subscriptions to investors
L.A.-based start-up Pipe says it provides software firms with an alternative to equity and debt by treating annualized customer contracts as tradable assets.
-
Photo by Headway on Unsplash
What's your COVID-19 story?
When discussing 2020 plans with investors, Eric Knachel, Deloitte senior consultation partner, recommends figuring out your company's story to connect with stakeholders.
-
Opinion
How COVID-19 is changing conversations about going concern
CFOs should expect more — and more targeted — questions as auditors try to get a picture of how well their organization is positioned to survive the downturn.
-
Getty Images
Companies turn to convertible bonds to raise cash
The pandemic has led to a surge in use of the hybrid security, but it comes with risk.
-
Deloitte survey reveals equal parts pessimism, optimism among Fortune 500 CFOs
Deloitte's latest quarterly CFO Pulse Survey found CFOs of large companies expressing renewed confidence in their ability to adapt, but great pessimism about the U.S. economy's rebound.
-
Companies face higher costs after dismissing auditor's tax services
If the dismissal is only for appearances, it's an expensive move, researchers say.
-
Novartis to pay $112M fine for bad accounting controls
Company subsidiaries used improper payments to boost business in some countries.
-
fizkes via Getty Images
How often should CFOs speak with the board?
Planful CEO Grant Halloran recommends CFOs update their company's board several times a week as financial planning becomes all the more fraught.
-
StartupStockPhotos. (2015). [Photograph]. Retrieved from https://pixabay.com/photos/student-typing-keyboard-text-woman-849828/.
Converting fixed costs to scalable expenses
Stay-at-home mandates have exposed the costs of maintaining fixed assets while they sit idle.
-
Will closing the books this quarter be harder than last?
Omar Choucair, CFO of financial close software provider Trintech, knows why his clients are struggling and how they can mitigate the difficulties.
-
Verizon CFO welcomed external advice for pandemic scenario planning
When COVID-19 hit, Matt Ellis consulted outside experts to help ensure his FP&A team's assumptions about going forward were realistic.
-
Revenue-based financing offers money to grow without dilution, covenants
As an alternative to equity infusion or institutional loans, it "is designed around the concept that, as a company grows, it can afford to pay more," said Decathlon Capital Partners' Wayne Cantwell.
-
Retrieved from Funeral Business Advisor on June 24, 2020
A CFO's 3-step plan for remaining profitable during COVID-19
LendingUSA's Ron Oertell says his company's services as a point-of-sale fintech are greater now than they were, pre-pandemic.
-
Price Rite Marketplace
When should you revisit your pricing strategy?
Tom Fencl, CFO of Pricefx, believes a CFO's price strategy can make or break a business.
-
Getty / Edited by Industry Dive
Tech firms face tax bite after Supreme Court lets IRS allocation rule stand
Facebook, others were hoping the top court would end an IRS practice that forces more stock compensation to be allocated to foreign subsidiaries.
-
CFOs can access extra cash in move to new lease accounting rules
FASB is delaying the move to ASC 842 but, if you need money, the transition could provide it in some of the lease terms.
-
Stericycle CFO adds 'CIO' to job description
Following CIO David Stahl's departure from the medical waste disposal company, CFO Janet Zelenka will take the reins, becoming CFO-CIO effective June 28.
-
AllCloud CFO: ASC 606 a path to recurring revenue model
Finance chief Jody Cire found a way to smooth volatile revenue recognition at a previous company by switching to a ratable accounting method.
-
3-time CFO: Pandemic will add to CFO duties
Long-time CFO Paula Bachman told CFO Dive the dissolving COO role, combined with the financial upset caused by coronavirus, will lead to a longer list of responsibilities for CFOs going forward.
-
Fotolia
Feds issue streamlined PPP loan forgiveness form
Under an EZ form, you only have to complete a brief calculation and certify your representations to get out of repaying your payroll protection assistance.
-
Comcast CFO expects continued losses in 2nd quarter
CFO Mike Cavanagh told investors to expect continued losses for the parent company of NBC Universal and Xfinity, as digital subscriber numbers plummet and theme parks and movie theaters remain shuttered.
-
SEC charges insurer, ex-CFO with bad loss reserves disclosures
AmTrust Financial Services failed to disclose its CFO's deviation from its reserving processes, and changed the company's reserves estimates.
