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Deloitte refunds over $60K for report with AI errors, Australian government says
The amount represents less than a quarter of what Australia’s Department of Employment and Workplace Relations originally paid for the flawed study.
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KPMG leans into agentic AI in Salesforce, Google deals
The Big Four accounting firm and its competitors are locked in a technology investment race that is heating up amid rapid advancements in AI.
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Fortune 100 firms accelerate disclosures linked to AI, cybersecurity risk
Companies are concerned about deepfakes and unauthorized AI tools, and board committees are increasing their oversight responsibilities.
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Tariffs likely to spur ‘meaningful’ inflationary surge: Atlanta Fed
Federal Reserve officials in recent months have debated whether import duties will spur a temporary or sustained rise in prices.
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B&M reveals freight cost accounting error as CFO quits
The U.K.-based discount retailer said it failed to correctly recognize about £7 million ($9.39 million) of overseas freight costs in its cost of goods sold.
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US Chamber sues White House to block ‘plainly unlawful’ H-1B visa fee
The organization alleged President Donald Trump’s proclamation would harm businesses and it asked a district court to enjoin the $100,000 payment requirement.
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CEO view on economy sours amid stubborn inflation: Conference Board
The economy slowed to 1.9% growth during the third quarter, according to Conference Board estimates, compared with 3.8% during Q2.
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September retail sales rise amid signs of waning spending power
Inflation seems to be driving some of last month’s sales gains, as unit sales were down in some categories, according to Circana research.
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Opinion
Avoiding the tariff ‘ripple effect’
CFOs must determine how tariffs can impact pricing and supply chain strategies to avoid letting their “ripples” turn into a tsunami, EY’s Al Paul writes.
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CFOs should view stablecoin as payment ‘redesign,’ EY exec advises
CFOs need to turn stablecoin “a little on its head” to get a transparent view of where the assets can sit inside their organizations, EY’s Clare Adelgren said.
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Warehouse market ‘found its footing,’ Prologis CFO says
The San Francisco-based industrial real estate giant raised its 2025 earnings guidance as executives painted a brighter picture of improved customer demand.
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Ulta picks J&J alum for CFO
Christopher DelOrefice will take on the role in December, allowing interim CFO Chris Lialios to return to being senior vice president and controller.
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Real Brokerage ex-CFO’s pregnancy suit gets more mediation time
The residential brokerage firm’s former finance chief was fired three months after returning from maternity leave.
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Quarterly reporting cadence can push CFOs to ‘suboptimal’ decisions
A return to semi- or biannual reporting could give CFOs more decision-making runway and free up resources to be put back into the business, Zuora COFO Todd McElhatton said.
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Oracle expands agentic AI toolkit for CFOs
The software giant's latest rollout included a new “payables agent” designed to ease workloads for accounts payable teams.
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Deloitte AI debacle seen as wake-up call for corporate finance
The Australian government says Deloitte Australia agreed to refund part of a $290,000 payment for a report that contained AI-generated errors.
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Michigan tees up tweaked CPA pathways bill
The Great Lakes Sate’s legislators have developed a new draft that is poised to replace the original CPA pathways legislation introduced last month.
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Powell says Fed confronts growing risks of higher inflation, unemployment
Hinting at an end to an effort at monetary tightening, Federal Reserve Chair Jerome Powell said the central bank may soon halt reductions in the size of its $6.6 trillion balance sheet.
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Liquid Death swipes PepsiCo alum for CFO in growth push
Sabra and PepsiCo veteran Ricky Khetarpaul will look to leverage his expertise in the beverage space as Liquid Death preps to break into the $23 billion energy drink sector.
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Opinion
5 tips for boosting the CFO-CISO relationship
CFOs and CISOs often fail to collaborate effectively due to differences in language, metrics and perceived value, writes cybersecurity firm Anomali’s George Moser.
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Public disclosures of AI risk surge among S&P 500 companies
A report by The Conference Board shows companies are flagging concerns about cyber and reputational risk as they increase deployment.
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Gap partners with Google Cloud to advance AI strategy
In its quest to become a digital-first business, the retailer will add a unified, AI-powered platform to its tech stack that opens up access to Gemini, Vertex AI and BigQuery.
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Instant paychecks? One CFO says no.
As a growing number of states pass earned wage access laws, Yooz's CFO John Gronen decided against offering on-demand pay to employees next year.
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Tackling the CFO supply, demand imbalance: Sutker Moran
With growing CFO turnover, companies are considering new criteria for filling their top finance seat, Sutker Moran President Scott Moran said.
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Weak consumer sentiment persists amid job anxiety: UMichigan survey
“We need to be prepared for the possibility that the softening in the labor market will become something worse,” Federal Reserve Governor Michael Barr said.