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Ex-CFO, others at healthcare ad company charged with $487M fraud
Among other offenses, CFO Brad Purdy "did nothing to correct the financial statements before he provided them to investors," the SEC alleges.
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Is Under Armour's accounting probe a lot of smoke or the start of a fire?
The company insists its sales management practices were "appropriate," but a federal investigation is just getting underway.
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CFO taps energy of young finance pros to boost productivity
Advanced Computer Software Group develops candidates through tests and training, and they "are tremendously motivated by opportunities they're perhaps not getting elsewhere," CFO Andrew Hicks said.
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Managing a smooth transition to ASC 606 revenue recognition
Decisions made by legal, sales, and other teams can affect how you recognize money coming in and going out. Collaboration is key to staying on the right side of the 700 pages of guidelines.
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Burger King's largest operator taps new CFO after $8.3M flub
After a major discounting error by Carrols Restaurant Group' over the summer, Realogy Holdings Corp. strategist and former CFO Anthony Hull is stepping in to restore order.
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GE hires new CFO amid accounting practices investigation
Carolina Dybeck Happe, former CFO of Danish shipping giant Maersk, will step into the Boston-based role in early 2020.
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Scenario planning: Green means look, not go
Plan for bad times when times are good, executives at the MIT Sloan CFO Summit said last week.
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The only 3 KPIs Peloton CFO tracks
Jill Woodworth, a panelist at the MIT Sloan CFO Summit and the CFO of Peloton, told the audience how she and her team have worked to figure out their user base.
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Deep DiveOpen enrollment 2019: 8 questions to ask your broker
A data-driven strategy is a key differentiator. Do you have data that can provide an actionable plan?
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9 key digital transformation mistakes — and how to avoid them
Failure to grasp the full impact of the digital age and unwillingness to plan accordingly will run more businesses into the ground.
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Twitter CFO: Communication health comes first
Ned Segal told finance professionals at the MIT Sloan CFO Summit Thursday the health of their communication model comes before everything, including getting more people on the service.
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Companies gain when their CFO sits on outside boards
Outside board responsibilities are time-consuming, but they can provide the CFO's company with better financial management.
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Slower economy presents an opportunity for M&A
Whether you focus your acquisitions on on roll ups or growth depends on your long-term business strategy, executives said at the MIT Sloan CFO Summit in Boston last week.
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FLSA joint employment, regular rate regs coming in December
The agency also announced plans to fast-track updates to its FMLA regulations.
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How to better align business travel costs to revenue
A travel startup tries to increase CFOs' visibility into the third highest cost category they face.
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Former Kraft Heinz exec named new CFO of Ocean Spray
After leaving Kraft Heinz, Daniel Cunha founded private equity firm Tangram Partners, which he has led since 2017.
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Former Microsoft exec takes on 'dream job' as OneStream CFO
OneStream's Bill Koefoed sees "a real opportunity to help CFOs spend more of their time on the activities that add value, the strategy of the company, and analysis and planning" in his new role.
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Deep DiveBankrupt biopharmas are rare. 2019 has some worried that's changing.
Eleven biopharmas declared bankruptcy in 2019, more than any other year since at least 2011. Rising market pressures, coupled with legal liabilities, risk more companies falling to zero, experts warn.
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Lower awards will mean fewer SEC whistleblowers, critics say
Several people alerting the SEC to public companies' potential violations have been awarded hundreds of millions of dollars over the years. The agency wants to limit those awards.
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Druva CFO: Move to bundled services led to growth spurt
A big menu of add-ons didn't do much for long-term revenue growth at a SaaS company, so Mahesh Patel led an effort to change that.
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Ingram Micro promotes new CFO from strategy and operations role
New CFO Mike Zilis has been with the company for nearly 14 years, serving as an executive across various departments, before his promotion to the C-suite.
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Reputation ranking: US stuck in 6th behind France, Canada
The U.S. trails numerous other countries recognized for investment opportunities, exports and culture, a survey of 20,000 people found.
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Understanding data, technology will be crucial before cannabis 'land-grab,' new Vireo CFO says
Pot-related businesses may be new, Shaun Nugent told CFO Dive last week, but some goals, such as profitability and scalability, make the space universal.
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Non-GAAP measures getting out of control, critic says
"Total revenue other bets" and other non-standard metrics serve a purpose, but they risk being abused as companies use them more in their financial reports.
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FP&A team: Hire lifelong learners, not the technically proficient
Skills become obsolete; outside-the-box thinking doesn't, an accounting professor says.
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