Risk Management: Page 56
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Target CFO remains confident amid coronavirus threat to retail
The virus' spread is upending supply chain operations across the globe, but Target's new CFO retains "a ton of confidence" in its forward-facing strategy.
By Jane Thier • March 9, 2020 -
"View from The Pinnacle@Duxton to one of the Ports, Singapore" by Zairon is licensed under CC BY-SA 4.0
Economists still expect US to eke out slow growth this year
If domestic consumer spending holds up, the country can stay in positive growth mode, economists from forecasting firm Prevedere say.
By Robert Freedman • March 9, 2020 -
How one Bay Area CFO is managing coronavirus concerns
Despite confirmed coronavirus cases in the California Bay Area, Mohit Daswani, CFO of ThoughtSpot, has a plan in place to keep his company calm.
By Jane Thier • March 7, 2020 -
National Institute of Allergy and Infectious Disease. (2020). "Novel Coronavirus SARS-CoV-2" [Microscope image]. Retrieved from https://www.flickr.com/photos/nihgov/49565158853/.
How CFOs are reporting coronavirus impact on earnings calls
Large companies including Apple, Microsoft and United Airlines are addressing investor concerns by significantly lowering their earnings expectations for the quarter and for 2020.
By Jane Thier • March 4, 2020 -
Which analytics should CFOs and CHROs track?
It is well-documented that talent retention and workplace satisfaction are crucial to a company's bottom line. But which analytics should CFOs keep tabs on to ensure they're well-versed?
By Jane Thier • March 3, 2020 -
Will more CFOs switch to mark-to-market pension accounting?
With the Federal Reserve signaling an interest-rate response to the coronavirus, continuing low interest rates could drive CFOs to move away from amortization of pension losses.
By Robert Freedman • March 2, 2020 -
Major work stoppages have spiked in recent years
2019 brought the most major work stoppages the U.S. has seen in a decade, according to the U.S. Bureau of Labor Statistics.
By Jennifer Carsen • Feb. 20, 2020 -
Catching rogue staff before they cost your enterprise a bundle
You can expect a cash leakage of up to 5% of revenue if your security system is built around little more than periodic audits, a security specialist says.
By Robert Freedman • Feb. 20, 2020 -
With shrinking budgets, finance spending goes to new tech
As companies attempt to curb spending in advance of an unpredictable economy, finance teams continue pooling resources to implement the newest tech, a Hackett Group study found.
By Jane Thier • Feb. 18, 2020 -
New CFO takes reins at Yelp as it struggles to monetize site traffic
More than six months after CFO Lanny Baker left the company to head finance at Eventbrite, Yelp has named an experienced replacement whom it hopes will spur momentum.
By Jane Thier • Feb. 14, 2020 -
Under Armour forecasts up to $60M revenue hit from coronavirus disruptions
The outbreak also puts at risk supply chain improvements that CFO Dave Bergman talked about on the company's fourth quarter earnings call.
By Emma Cosgrove • Feb. 12, 2020 -
CFOs less likely to blow whistle on fraud when under financial pressure
CFOs with accounting backgrounds are more likely to express fraud concerns to external resources than CFOs with banking or finance backgrounds, a study of Italian companies from the Journal of Business Ethics found.
By Jane Thier • Feb. 10, 2020 -
Survey: 60% of procurement leaders site risk from lack of financial transparency
Respondents in a Basware survey reported a direct correlation between their level of transparency and the success of their business.
By Morgan Forde • Feb. 7, 2020 -
Reimbursement plans seen as cost-saving alternative to group insurance
Federal rules allowing companies to give employees money to buy their health insurance in the individual market just took effect.
By Robert Freedman • Feb. 5, 2020 -
Projected profits, revenue among top KPI concerns for CFOs in 2020
The divide is stark between what finance executives and others in the c-suite worry about, research from Oracle NetSuite shows.
By Jane Thier • Feb. 4, 2020 -
2020 IPO trend: Strong demand expected, Davos panelists say
The presidents of Nasdaq and the NYSE said the future looks bright for IPOs, as investors ask more questions and take a more measured approach than in years past.
By Jane Thier • Jan. 27, 2020 -
62% of breached data came from financial services in 2019
In financial services, an average breach costs $210 per record, while a "mega breach," like Capital One's, can cost up to $388 per record.
By Samantha Schwartz • Dec. 23, 2019 -
CFOs must 'be the steward' for IPO success
The public markets are unforgiving toward the unprepared, but buttoned-up, high-growth companies are rewarded. The difference falls on the CFO, according to Jason Maynard.
By Jane Thier • Dec. 19, 2019 -
Response to departing CFOs reinforces need for talent pipeline
News of a CFO's departure will often have a ripple effect on company valuation. Having a talent pipeline will help keep any drop to a minimum.
By Jane Thier • Dec. 17, 2019 -
Private capital targeting 5G, AI next year in M&A
Private equity and venture capital firms have declining M&A interest in real estate, media, retail and biotech, a BDO survey shows.
By Robert Freedman • Dec. 12, 2019 -
Half of CFOs expect recession in 2020; Fed sees more growth
CFOs say they're preparing for negative economic growth as the Fed forecasts gains of 2.2% this year and 2% next year.
By Robert Freedman • Dec. 11, 2019 -
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.
By Cara Salpini • Nov. 26, 2019 -
Deep Dive
Bankrupt 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.
By Andrew Dunn • Nov. 19, 2019 -
Sponsored by Performance Solutions by Milliken
Driving financial success with zero loss thinking
Zero loss thinking examines all company processes and identifies and prioritizes them as opportunities to generate the greatest gains.
Oct. 31, 2019 -
Fed lowers short-term rate a quarter point
The move is characterized as an insurance policy against global developments and continued weak business investment in the U.S.
By Robert Freedman • Oct. 30, 2019