Risk management
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Opinion
How COVID-19 is changing conversations about going concern
CFOs should expect more — and more targeted — questions as auditors try to get a picture of how well their organization is positioned to survive the downturn.
By Bob Dohrer • June 30, 2020 -
Retrieved from Funeral Business Advisor on June 24, 2020
A CFO's 3-step plan for remaining profitable during COVID-19
LendingUSA's Ron Oertell says his company's services as a point-of-sale fintech are greater now than they were, pre-pandemic.
By Jane Thier • June 24, 2020 -
Edwin Lopez / Supply Chain Dive
Opinion5 transfer pricing actions to consider during COVID-19
If your intercompany pricing policies are based on normally functioning markets, you could be faced with tax inefficiencies and distortion in how you allocate profits or losses.
By Barry Freeman and Selena Schneider • June 16, 2020 -
Sec. 363 bankruptcy sales may yield higher prices than Chapter 11
The process is less familiar than Chapter 11 but can result in quicker sales and more proceeds to secured creditors.
By Robert Freedman • June 01, 2020 -
Insurers propose pandemic assistance plan
Federal money, not business interruption insurance, is the appropriate response to a pandemic, property and casualty carriers say.
By Robert Freedman • May 26, 2020 -
Need and eligibility keys to avoiding PPP loan liability risk
Document what goes into your decision to apply for a loan to protect yourself and your company if you're hit with an audit or lawsuit, an attorney says.
By Robert Freedman • May 25, 2020 -
"Empty CTA L Brown Line Car" by Raed Mansour is licensed under CC BY 2.0
Survey: CFOs hopeful, employees wary, 2 months into pandemic
While CFOs are growing increasingly optimistic about their business' adaptability and ability to recover, employees remain uncertain, a new PwC survey finds.
By Jane Thier • May 12, 2020 -
Q&A
CFO in the Know: Are CFOs ready to go with the EU's medical device regulations?
Requiring fewer applications to submit for approval, the new process could ultimately cost companies less.
By Ed McCarthy • May 12, 2020 -
Fed expands Main Street program, cuts loan threshold by half
The central bank is including larger companies, but some small-business advocates and industry leaders say the $500,000 minimum loan is still too high.
By Anna Hrushka • May 01, 2020 -
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How a fintech CFO preserves long-term ambition through cost-cutting amid pandemic
As the coronavirus pandemic brings fast-growing startup culture to its knees, fintech CFO Catherine Birkett advises balancing long-term ambition with near-term KPIs.
By Jane Thier • April 29, 2020 -
CFOs cautioned on post-lockdown tort risk
Plaintiff attorneys face a high bar to show someone contracted COVID-19 after workspaces reopen, but defending against their claims is expensive.
By Robert Freedman • April 29, 2020 -
"Medical disposable masks on wooden background" by Marco Verch Professional Photographer and Speaker is licensed under CC BY 2.0
Survey: 42% of CFOs lack contingency plans for a 2nd COVID-19 wave
A second wave could mean another drop in customer demand that CFOs' revenue and profit models won't capture, a Gartner Finance research vice president said.
By Jane Thier • April 28, 2020 -
Survey: As states reopen, CFOs prioritize cost containment, safety measures
CFOs will focus on reducing costs and keeping their workplace safe as stay-at-home mandates lift and employees slowly return to work, a new PwC survey reveals.
By Jane Thier • April 27, 2020 -
Boeing CFO tapped to lead new enterprise operations group
The group will help get the company back into competitive mode as it restarts commercial airplane operations in Washington State later this week.
By Jane Thier • April 22, 2020 -
Harvard CFO: Must cut non-essential spending, despite $41B endowment and stimulus aid
After the Dept. of Education announced Harvard would be receiving $9 million from the CARES Act, many expressed outrage. But that cash may be more vitally needed than appearances suggest, university CFO Thomas J. Hollister said.
By Jane Thier • April 20, 2020 -
CFOs' challenge: Anticipating the new normal
As you try modeling what the world will look like post-COVID, don't assume a return to the past, planning specialists say.
By Robert Freedman • April 16, 2020 -
Getty Images
OpinionCan COVID-19 get you out of a contract as a material adverse change?
Whether you can cite the pandemic as a ground for getting out of a contract — or if someone can cite it against you — depends on subtleties of law.
By Gary Kleinrichert, Brent Miller • April 15, 2020 -
Economist: China not a good model to predict recovery
A modest recovery through the second half of the year will likely follow stay-in-place restrictions, Andrew Duguay of Prevedere says.
By Robert Freedman • April 08, 2020 -
Getty
OpinionFiling for bankruptcy? Understand your lenders' leverage
No one wants to consider bankruptcy. But as the downturn persists, CFOs will benefit from understanding their lenders' tactical goals.
By Kenneth Rosen • April 04, 2020 -
PwC: 87% of CFOs fear COVID-19 business impacts
In the two weeks since PricewaterhouseCoopers released its first survey, CFOs' fears about the long-term impacts of the virus have ballooned.
By Jane Thier • March 31, 2020 -
CFO's secret weapon against coronavirus: Scenario planning
Dennis McGonigle, CFO of SEI Investments, has run practices of business interruption and disaster events, including what they’d do in the case of a pandemic, with his company for years. Here's how he's managing COVID-19.
By Jane Thier • March 30, 2020 -
General Motors, Boeing CFOs share 'immediate, aggressive' cost-cutting plans
Both the automotive and airline industries are facing enormous challenges amid the coronavirus pandemic, with GM halting production altogether to focus on manufacturing much-needed ventilators.
By Jane Thier • March 29, 2020 -
Getty Images
Payment recovery touted as source of working capital
Building a forensic audit into your source-to-pay process could put otherwise misspent money back into your pocket.
By Robert Freedman • March 26, 2020 -
OpinionMore CFOs feeling the heat with ransomware
Cybersecurity is a finance issue that CFOs leave to tech colleagues at their peril, Anup Singh of network security company Illumio says.
By Anup Singh • March 25, 2020 -
Government trying loans, payments, credit support to curb economic freefall
An open-ended bond-buying commitment and new credit facilities are added to what would be the most expensive piece of legislation in history if it passes.
By Robert Freedman • March 23, 2020
