The Latest
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Deep Dive7 CFO tips for thriving despite ‘perma-crisis’ turmoil
“Foundational rules for risk management have been fundamentally altered forever," the former CEO of the Institute of Internal Auditors said.
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Sponsored by SAPThe 6 things every CFO should do to prepare for CBAM
Ease compliance and gain insights to manage carbon risks, costs and financial planning.
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Maine governor signs CPA exam bill, stripped of pathways
While there’s growing momentum behind the push to ease CPA licensure rules, the legislative initiatives have stalled in some states this year.
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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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Yum Brands CFO to receive $1.1M salary as next CEO
The CEO appointment comes as Yum Brands is looking to further integrate artificial intelligence throughout its restaurant brands and offerings.
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Inside Microsoft finance team’s AI-driven cost, time savings
AI is “driving so much change at the company … saving us thousands upon thousands of hours” as well as millions of dollars, Microsoft’s Cory Hrncirik said.
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OpinionWhy agentic AI may herald golden age for procurement
Procurement is an ideal use case for agentic AI because it’s inherently complex, data-driven and prone to human error, writes Globality’s Keith McFarlane.
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Cyberattacks top list of global business concerns, Kroll finds
Many companies feel unprepared to comply with global privacy and security rules, according to the advisory firm’s annual business sentiment survey.
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Bankrupt At Home ‘significantly impacted’ by tariffs, CFO said
The liquidity pressures faced by the home goods retailer were “exacerbated and accelerated” by the uncertain tariff environment, CFO Jeremy Aguilar said.
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SEC taps alum as chief accountant
EY veteran Kurt Hohl is rejoining the agency as controversial legislation advancing in Congress would fold the duties of the Public Company Accounting Oversight Board into the SEC.
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Economy to slow, inflation to persist above Fed 2% goal: NABE survey
A rise in oil prices from war between Iran and Israel threatens to weaken economic growth and increase price pressures.
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How ‘EQ’ strengthens a finance team
Building a “culture of emotional intelligence” in which a CFO’s staff feels supported and valued is key to retaining top talent, an associate professor at University of New Hampshire’s business school asserts.
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Consumer sentiment rises in June, buoyed by lull in tariff war
Still, survey results show “consumers remain guarded and concerned about the trajectory of the economy,” a University of Michigan economist said.
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NY passes CPA pathways legislation as Florida punts
Since late last year at least 19 states — now including New York — have passed legislation providing alternative paths to CPA licensure to ease the accounting talent shortage.
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Costco controller passes the torch after near-decade tenure
The decision to pick its new controller from its ranks aligns with the warehouse club retailer’s history of developing and keeping its financial bench talent.
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IBM’s Apptio targets ‘AI sprawl’ in latest FinOps rollout
The tool can help users evaluate whether AI initiatives are incurring costs without corresponding business value or usage, an executive said.
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Vera Bradley gets new CFO amid leadership shakeup
Coach alum Martin Layding will step into the retailer’s CFO seat amid a transformation effort to stem growing losses and bolster declining sales.
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Ex-Real Brokerage CFO alleges pregnancy discrimination in suit
The company manufactured an audit as grounds for Michelle Ressler's termination to "clear the way for her less qualified and unencumbered male successor," the suit alleges.
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Trump says tariff deal with China is ‘done’
The proposed agreement, pending approval from both countries, sets 55% tariffs on imports from China and a 10% rate on U.S. products, the president said Wednesday.
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‘Boring’ data work underpins innovation, strategy, Payoneer CFO says
Finance chiefs need to hone their data skills in an era when they are increasingly looked at not just as strategic leaders, but “innovation champions,” Payoneer CFO Bea Ordonez said.
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Inflation cools more than predicted as companies draw down inventories
Falling price pressures and signs of labor market stability reinforce the wait-and-see policy stance of the Federal Reserve, economists said.
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Roblox hands $6M in bonuses to CFO poached from Paramount
The game platform will give the Paramount and Pandora alum two separate $3 million bonuses, as well as a stock award with a value of $28 million, to step into Roblox’s top financial seat.
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Small business optimism rises on forecasts for higher sales growth: NFIB
Improved prospects for sales was the biggest factor pushing up the NFIB’s Optimism Index beyond its 51-year average.
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Courtesy of Amazon
Amazon delivery robots offer ‘large opportunity’ for savings: BofA
The analysis comes as Amazon is reportedly developing software for humanoid robots that could eventually take the jobs of delivery workers.
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Sage launches training program for next-gen CFOs
“In an era defined by tighter margins, speed of business, faster tech shifts and higher expectations, the role of the CFO is evolving,” the software firm said.
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Courtesy of Mike Ritterbin, Ritter in Photography
Ex-NerdWallet CFO: Tips for playing the IPO long game
Lauren StClair helped take NerdWallet public in 2021. Now she’s pivoted to become CFO of Slice, which provides services and tech to independent pizzerias.
