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Inflation jumps 4.2%, spurred by war-induced surge in energy prices
Rising prices have begun to erode gains in real wages in recent years and weaken consumer purchasing power for all goods and services.
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Sponsored by Amazon BusinessProcurement automation best practices for enterprises
Start automating your workflows to save money, reduce risk and speed up the procurement process.
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McAfee nabs Experian alum for incoming CFO
Brian Herb will step in as CFO for the cybersecurity firm as it grapples with AI, which is transforming the software and digital fraud landscape.
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TrackerTracking CPA licensure paths: Removing the 150-hour-rule hurdle
State changes to licensing rules are chipping away at a decades-old system that has largely required CPA candidates to complete what effectively amounts to a fifth year of schooling.
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Costco’s retired CFO and Ryan Reynolds: An improbable bromance
The retailer’s ex-CFO Richard Galanti and the Hollywood actor talked budgets and hot dogs during their keynote appearance at an AICPA conference Monday.
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New Apollo.io CFO wants to build ‘solid’ data foundation
CFO Phil Moon wants to ensure the expanding go-to-market platform is also scaling its systems and tools in a way that supports ongoing growth.
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Inflation anxiety erodes small business optimism, NFIB says
“Conditions for small businesses have not eased,” said Mark Valentino, head of business banking at Citizens, citing slowing sales.
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Inside Bristol Myers’ AI-powered procurement overhaul
The pharmaceutical giant cut procurement timelines from months to weeks while challenging conventional wisdom on AI data readiness.
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Companies aren’t prepared for how AI is accelerating impersonation attacks
Businesses generally aren’t taking a proactive enough approach to blocking schemes that spoof their leaders’ identities, according to a new report.
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Chalirmpoj Pimpisarn
OpinionCFOs crave real-time data. Few are there yet.
Many finance teams are still constrained by fragmented systems, technical debt and limited visibility, writes SAP Taulia CFO Rene Ho.
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AICPA tackles accounting’s AI era: 4 predictions
The crowd-sourced 44-page report from AICPA and CIMA examines AI-related changes reshaping the accounting industry.
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Board CFO sees rising ‘healthy skepticism’ of AI
As AI grows more entrenched in modern business, accurately calculating its cost-benefit is only getting more crucial for today’s CFOs, the enterprise planning platform’s CFO Gordon Pothier said.
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Alphabet taps company veteran for principal accounting post
The tech giant has a history of appointing women to its top finance posts.
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Chipotle CFO zeroes in on international growth
The restaurant company could potentially have as many locations outside the U.S. as it does inside, given a few decades of further growth, CFO Adam Rymer said.
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4 takeaways on generational divides shaping accounting
GenZ, Millenials, GenX and Baby Boomers don't always share the same views on hybrid work, ESG policies and AI, the recent survey found.
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Q&ADOJ appeal throws fresh uncertainty into tariff refund process
“The end game is clear: the government is trying to keep as much of the remaining money as possible,” said Reed Smith attorney Michael Lowell.
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OpinionAI’s paradox: Skeptical CFOs will help win arms race
The leaders who keep asking whether the AI spending is justified are the ones building the muscle to redirect investment when needed, David Zwick writes.
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Hub Group interim CFO to receive $125K monthly
Interim CFO Todd Heeter will receive the monthly fee over a six-month term as Hub Group works to accurately restate its financials for the past three years.
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Coca-Cola CFO: Some consumers ‘not as resilient as you think’
The beverage giant is seeking to serve a broad range of customers by balancing the price, volume and mix of its products, CFO John Murphy said.
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AI cited as top reason for US job cuts for third straight month
The technology was tied to a record 38,579 U.S. layoffs in May, accounting for 40% of all job cuts for the month.
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US M&A deal volume to rise 8% this year: EY
Corporate dealmaking is expected to drive gains as private equity activity levels off, according to the mid-year outlook.
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Blackberry now a ‘growth company,’ CFO says
Blackberry now focuses on driving growth and aims to expand into a “plethora of new markets,” CFO Tim Foote said.
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Ramp rolls out accounting, close-focused AI operating system
The new product marks the startup’s entry into the accounting firm market, which is estimated to be a roughly $150 billion industry.
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US GDP growth to slow from 2% this year to 1.8% in 2027: OECD forecast
“A sustained increase in oil and gas prices stemming from the evolving conflict in the Middle East would weigh more heavily on activity than currently assumed,” the OECD said.
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Inside Coca-Cola’s use of AI to sharpen marketing spend
The push reflects a broader focus on resource allocation, which CFO John Murphy has described as a potential “secret sauce” for the business.
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Nubank swipes Visa vet for CFO amid US push
Shares of the Brazilian neobank’s parent slumped Tuesday, one day after it announced its long-time CFO was stepping down.
