The Latest

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    iStock / Getty Images Plus via Getty Images
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    Payments processor Tipalti investigating ransomware attack

    The Alphv ransomware group claimed responsibility for the attack on Saturday and threatened to extort Tipalti customers with allegedly stolen data.

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    LumiNola via Getty Images
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    Sponsored by Mercer

    Defined benefit investing strategies have grown more complex. Here’s how.

    Moving away from defined benefit plans as the primary retirement program doesn’t require terminating the plan outright.

  • Elon Musk interviewed at NYT Summitt
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    Michael M. Santiago via Getty Images
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    Tesla CFO sells shares as Musk draws new scrutiny

    A spotlight is on the EV maker as investors weigh recent controversial comments from CEO Elon Musk and a lukewarm launch of its Cybertruck product.

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    CFO Editorial Staff
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    PCAOB fines 2 PwC firms in China over test cheating

    The enforcements are among the first three stemming from access the U.S. auditing watchdog secured last year to inspect China-based auditing firms.

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    Insurers hit with attorneys’ fees after trying to get out of indemnifying policyholders

    A New York Supreme Court ruling creates precedent in the way it makes the loser in an insurance matter pay its client.

  • Header image for "Fed Shows Resolve to Hit 2% Inflation Goal, Raises Rates Again"
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    Getty Images via Getty Images
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    Powell does not rule out Fed rate hike even while noting slower inflation

    The Fed chief suggested that borrowing costs will remain high for the foreseeable future despite recent signs that inflation, hiring and economic growth are slowing.

  • A group of people in suits standing behind a sign that reads "Fighting retail crime." The U.S. Capitol is in the background.
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    Courtesy of the National Retail Federation
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    Deep Dive

    Retailers have a crime problem. It’s in the numbers.

    The issue is complex and often clouded by imprecise data — sometimes from the industry itself.

  • Shot of Ulta Beauty storefront
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    Jesse Grant via Getty Images
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    Ulta Beauty rides strong consumer spending, taps new financial leadership

    CFO Scott Settersten will retire after 11 years at the financial helm, with Ulta Beauty’s SVP of finance poised to take the seat as consumers continue to spend on smaller luxuries.

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    Zhanna Hapanovich via Getty Images
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    FIS CFO eyes small acquisitions

    Fidelity National Information Services is on the hunt for smaller acquisitions in one of its divisions, and it’s benefitting from other companies’ deals in another.

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    alfexe via Getty Images
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    Inflation, consumer spending cool, validating pause in Fed rate hikes

    Fed officials have recently noted progress in curbing price pressures but cautioned against expectations of sustained disinflation or an imminent cut to borrowing costs.

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    Accounting events for Q4 and 2024

    It’s time to consider registering for a range of upcoming accounting conferences — both in person and online. CFO Dive’s got a list to help sort through them. 

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    Sensay via Getty Images
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    CFO, HR collaboration key to cutting health care costs

    To find a health care sweet spot, CFOs and HR leaders must “give a little each,” Imagine360’s Jeff Bak said.

  • A glowing white "claire's" sign in lowercase block letters adorns a mall store trimmed in purple and dark blue. Windows signs advertise hair and jewelry specials and ear pierciing.
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    Courtesy of Claire's
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    Claire’s taps Bath & Body Works vet for CFO-COO role

    The appointment comes as the retailer is weighing the best time to go public, after withdrawing an IPO earlier this year.

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    gorodenkoff via Getty Images
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    For GenAI-backed accounting, CFOs can’t ‘learn as you go’

    CFOs need to develop a business-wide plan for GenAI’s use, create clear data practices and ensure accountability to incorporate the technology into accounting effectively.   

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    Ethan Miller via Getty Images
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    MGM CFO expects insurance to cover cyberattack costs

    The Las Vegas-based casino and resort operator has pegged the costs of the September cyberattack that temporarily crippled operations at about $100 million.

  • A healthcare worker looks at a laptop wile writing down information.
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    PeopleImages via Getty Images
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    Health care benefit costs surge 9.8%: WTW

    High inflation and strains from COVID-19 prolonged a trend of rising medical care costs.

  • A crowd of acting and writing strikers carry picket signs.
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    David McNew via Getty Images
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    AMC Networks expects ‘no material impact’ from Hollywood strikes

    Despite now-resolved labor strikes that brought Hollywood to a standstill, AMC Networks is “set up well going into 2024,” CFO Patrick O’Connell said.

  • A Vince storefront in the Melrose area of Los Angeles, California.
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    Cara Salpini/CFO Dive
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    Ralph Lauren veteran takes CFO job at Vince

    John Szczepanski takes on a role that has had significant turnover in recent months, as the struggling brand embarks on a turnaround.

  • FASB
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    FASB’s new segment guidance will go swiftly into effect

    Public companies will be required to comply with the new accounting requirements in reports for annual periods beginning after Dec. 15.

  • Consumer looks at window sticker on car with pricing information.
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    Tim Boyle via Getty Images
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    Consumer confidence rises after a three-month decline: Conference Board

    The gain in consumer confidence preceded a surge in online spending on Black Friday.

  • Artificial intelligence and automated machine learning language blue digital user interface with businessman's hand.
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    Shutter2U via Getty Images
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    Driving the GenAI journey: Teradata CFO

    CFOs must take point on plotting a company’s AI course, navigating compliance and governance, and finding key talent and use cases, Teradata’s CFO Claire Bramley said.  

  • OpenAI CEO Samuel Altman Testifies To Senate Committee On Rules For Artificial Intelligence
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    AI developers, led by OpenAI, raise over $50B

    ChatGPT maker OpenAI currently leads the pack with $11.3 billion in funding, as the tech sector’s rising star also faces a host of challenges.

  • AWS logo on display at AWS Summit New York, July 26, 2023.
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    Courtesy of AWS
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    Employers willing to pay ‘premium’ for AI-skilled workers: AWS study

    Nearly three out of four employers (75%) who view the hiring of talent with AI skills as a priority reported having difficulty finding qualified candidates.

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    Pagaya CFO exits, deputy steps up

    Michael Kurlander, who brought decades of Wall Street experience to Pagaya, is leaving the technology firm after just over two years in the CFO seat. 

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    4 CFO tips for spurring growth through innovation: McKinsey

    More than eight out of 10 CEOs believe innovation is key to outperformance, but only 6% are satisfied with their companies’ track record in creativity, McKinsey said.

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    Cecilie_Arcurs via Getty Images
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    Creating a ‘poachable’ talent culture: TAB Bank CFO

    Making one’s own employees competitive to other organizations can help to foster a strong, loyal talent base, TAB Bank CFO Boyd Hunter says.