ESG backlash unlikely to derail SEC climate risk rule

SEC Chair Gary Gensler faces growing resistance to the agency’s proposal that companies provide detailed disclosures on carbon emissions.

By Jim Tyson • Oct. 17, 2022

FASB fair-value play poised to clear crypto barrier

If adopted, the standard would eliminate a deterrent that keeps some companies from getting involved with crypto, according to a Crowe LLP partner.

By Maura Webber Sadovi • Oct. 17, 2022

Explore the Trendline➔

Top 5 stories from CFO Dive

Tarifff headwinds along with the accounting talent shortage and the promises and traps of generative AI, are among the top issues CFOs are grappling with this year.

By CFO Dive staff

Feds step up focus on companies’ use of dark patterns

The Federal Trade Commission is signaling that it intends to go after the use of online manipulation tactics to separate consumers from their money. 

By Robert Freedman • Oct. 14, 2022

Crises demand resilience plans from CFOs

CFOs need new ways to prepare for crises, with resilience plans, and the storied Waffle House Index part of a mix of long and short-term tactics coming into focus. 

By Suman Bhattacharyya • Oct. 13, 2022

FASB votes for fair-value crypto fix

The FASB’s tentative decision Wednesday is an important step toward providing an answer to the crypto valuation question companies and other stakeholders have been clamoring for.

By Maura Webber Sadovi • Oct. 13, 2022

Layoff upswing doesn’t dampen labor market

The uptick in layoffs and downturn in hiring is still not enough to cool a stubbornly red-hot labor market.

By Grace Noto • Oct. 12, 2022

Global hazards outstrip corporate risk preparations

Less than half of respondents rated their companies’ approach to risk-management as “mature” or “robust,” according to the report.

By Maura Webber Sadovi • Oct. 12, 2022

Recession to start this quarter: Fannie Mae

Rising interest rates are undercutting economic growth and increasing the risk of a financial crisis in coming quarters, according to Fannie Mae economists.

By Jim Tyson • Oct. 12, 2022

Strong dollar slams companies’ Q3 earnings

Rising interest rates in the U.S. and market volatility may sustain demand for the dollar, which has soared 18% against a basket of currencies in 2022.

By Jim Tyson • Oct. 10, 2022

Inflation pushes CFO digital investments

Most CFOs are evaluating technology investments on a case-by-case basis, while about 33% report they have the appetite for aggressive investment in order to outstrip their competitors, the study found.

By Grace Noto • Oct. 10, 2022

Watch for these common invoice scams

Mid-sized businesses are losing almost $300,000 annually to invoice fraud, which can also hurt supplier relationships, according to Branden Jenkins, COO of Medius. 

By Maura Webber Sadovi • Oct. 10, 2022

PCAOB sanctions four audit firms in enforcement ‘sweep’

The watchdog for the firms that audit publicly-traded companies has intensified supervision in 2022, with plans to sharpen penalties against rule-breakers.

By Jim Tyson • Oct. 5, 2022

Inflation, recession worries change investor M&A considerations

Inflation, rising interest rates and other pressures have slowed M&A, but the slump hints at a recovery to healthy pre-pandemic levels, according to Willis Towers Watson.

By Grace Noto • Oct. 5, 2022

Job openings plummet 10%, implying softer wage pressure

The labor market — and inflation — may be cooling as the number of available jobs declines and the pool of workers grows. 

By Jim Tyson • Oct. 4, 2022

Ongoing tech investments key to survival: Presidio CFO

Presidio’s CFO and CTO share their outlook on the return on investment for tech spending, and what’s necessary for a functional tech/finance partnership.

By Elizabeth Flood • Oct. 4, 2022

FSOC crafts committee for climate-related financial risks

The FSOC said its new committee will focus on gathering information and analyzing climate-related financial risks.

By Grace Noto • Oct. 4, 2022

BlackRock CFO pick may signal strategy shift

The CFO shift could indicate a deeper focus on the private equity or high net worth wealth arena for BlackRock, an analyst said. 

By Grace Noto • Oct. 3, 2022

Building ‘digital trust’ yields 10% revenue growth: McKinsey

More than four out of five consumers said that before buying a product they want to know in detail how a company safeguards data privacy, according to McKinsey.

By Jim Tyson • Oct. 3, 2022

Deloitte China to pay $20M SEC penalty

The penalty is the latest sign of regulators’ battle to ensure foreign companies on U.S. exchanges comply with the country’s accounting standards.

By Maura Webber Sadovi • Sept. 30, 2022

US IPOs plunge 74% year to date: EY

A recovery in IPOs hinges on renewed equity market stability as well as offerings that are reasonably valued and based on “scalable” infrastructure, EY’s Rachel Gerring said.

By Jim Tyson • Sept. 30, 2022

How CFOs can cut real estate costs

Subleasing and landlord buyouts are options for CFOs looking to trim office space spend but retrenchment also poses complex challenges, experts say. 

By Dawn Wotapka • Sept. 29, 2022

Social responsibility, inflation top worry list for risk managers

Economic worries, social responsibility concerns and cybersecurity weaknesses topped the list of concerns for risk and compliance leaders facing an increasingly complex regulatory environment.

By Grace Noto • Sept. 29, 2022

More CFOs grappling with ‘abnormally large’ rise in costs: Richmond Fed

The share of CFOs who view financing conditions as unfavorable doubled compared with results in a second-quarter survey, the Richmond Fed said.

By Jim Tyson • Sept. 28, 2022

SEC says Oracle bribed officials, imposes $23M penalty

Since the violations came to light, Oracle has taken several remedial steps, including strengthening its global compliance, risk and control functions, the SEC said.

By Jim Tyson • Sept. 27, 2022

US faces risk of long stagflation struggle: Moody’s

The odds of recession will rise if inflation fails to steadily fall toward the Federal Reserve’s 2% target, according to Moody’s Analytics.

By Jim Tyson • Sept. 26, 2022