Gensler sees limit to SEC rule on carbon emissions disclosure

The SEC would only require disclosure on carbon emissions across a supply chain from companies that have publicly committed to revealing such information, Gensler said.

By Jim Tyson • June 14, 2022

AI yields 30% of revenue at tech-savvy companies: Accenture

Despite a big potential boost in profits, most companies fail to seize on the full benefits from artificial intelligence, Accenture found in a survey.

By Jim Tyson • June 13, 2022

Explore the Trendline➔

Navigating risk in turbulent times

CFOs must help their organizations mitigate risks by balancing the need for both growth and stability. 

By CFO Dive staff

How SEC ESG disclosure rules will impact private companies

The responsibility for overseeing how environmental impacts are tracked and measured is expected to fall mainly on CFOs.

By Robert Freedman • June 10, 2022

IKEA finance chief busts four ESG 'myths'

C-suite executives stymied by misperceptions about sustainability are slow to gain from shrinking their companies’ carbon footprints, according to Ingka Group-IKEA CFO Juvencio Maeztu.

By Jim Tyson • June 8, 2022

CFOs should use AI to navigate 'dark horizons' in scenario planning: Gartner

CFOs aiming to improve scenario planning with artificial intelligence need to overcome an aversion to gathering and analyzing a broad variety of data, according to Gartner.

By Jim Tyson • June 7, 2022

'Social inflation' increasing severity, frequency of litigation against companies

In a self-reinforcing loop, more claimants seek bigger awards and more frequently get them, an analysis by a global insurance support company says.

By Robert Freedman • June 6, 2022

Manufacturers shift tactics to stay ahead of ingredient, edible oil turmoil

CFOs grappling with supply chain friction can learn from food companies that have had to stay flexible as war, weather and export bans pressure ingredient supplies.

By Samantha Oller • June 3, 2022

Recession 'not inevitable,' Moody's says

CFOs considering changes to wages, prices and other critical points of business strategy must filter an unusual range of conflicting economic forecasts.

By Jim Tyson • June 3, 2022

Most CFOs, CEOs see cybersecurity gaps: Accenture

Many companies face excessive risks after failing to weave cybersecurity into the full fabric of business strategy, Accenture said.  

By Jim Tyson • June 2, 2022

SEC pushes crackdown on COVID-19 scams

Several companies have sought to cash in on public anxiety and investor eagerness by making false claims about the availability of products to combat the coronavirus.

By Jim Tyson • June 1, 2022

Inflation outlook hinges on future wage growth: Summers

History suggests that with inflation and unemployment at current levels, the U.S. may be headed toward a recession, former Treasury Secretary Lawrence Summers said.

By Jim Tyson • May 31, 2022

Prepping for the next phase of stimulus fraud probes

Federal authorities appear to be operating under a strong mandate to ferret out perceived fraud and abuse in the oft-confusing world of COVID-19 stimulus programs.

By Matthew S. Adams • May 31, 2022

Restatements surge to 15-year high on SPAC filings

Tougher SEC oversight triggered a wave of SPAC restatements in 2021 and chilled the market in so-called blank-check companies.

By Jim Tyson • May 26, 2022

Climate-related disclosure annually costs companies $677,000 on average

The Securities and Exchange Commission is pushing a climate risk disclosure rule that would require companies to budget for detailed analysis of their greenhouse gas emissions.

By Jim Tyson • May 25, 2022

Compliance costs to surge, straining tight budgets: Accenture

Many compliance executives lack the funding needed to contain an expanding range of risks, Accenture found in a survey.

By Jim Tyson • May 24, 2022

Proposed rule could push more family offices to lawyer up

The proposal comes amid increased scrutiny of family offices in the wake of the Archegos Capital Management meltdown.

By Ted Knutson • May 24, 2022

SEC charges BNY Mellon unit with making false ESG statements

The SEC has stepped up its efforts to ensure companies accurately report their adherence to sustainability best practices.

By Jim Tyson • May 23, 2022

Cloud adopters hobbled by 'on-premises computing' mindset: McKinsey

Making six “persistent and pernicious mistakes,” many companies waste money and fail to derive the full value from their move to cloud computing.

By Jim Tyson • May 18, 2022

Fed's Powell welcomes 'significant' tightening in financial markets

Powell underscored the Fed’s determination to reduce inflation, just one of many items on a long roster of risks bedeviling CFOs.

By Jim Tyson • May 17, 2022

Moderna may seek to claw back payments to ex-CFO

The vaccine-maker Moderna said it has the right to recoup any and all payments to ex-CFO Jorge Gomez if the company determines he engaged in any wrongdoing, according to an amended SEC filing Friday. An earlier filing said he would be provided a 12-month salary totaling $700,000 under a severance agreement.

By Maura Webber Sadovi • May 17, 2022

SEC enforcement attorney predicts 'a lot more fraud' in crypto markets

The SEC will turn to litigation if needed to achieve “clarity” as it fights abuses in cryptocurrency markets, according to an attorney in the agency’s Enforcement Division.

By Jim Tyson • May 16, 2022

Companies need to align efforts at disclosure, cybersecurity: SEC attorney

The SEC aims to protect investors from cyber-related risks by cracking down on companies that release misleading disclosures about cyberattacks, according to the top attorney in the agency’s Crypto Assets and Cyber Unit.

By Jim Tyson • May 13, 2022

U.S. regulators see 'endgame' to LIBOR phaseout

Winding down LIBOR has reached the final stage as businesses increasingly borrow using an alternative reference rate, U.S. regulators said.

By Jim Tyson • May 12, 2022

General counsel face heightened liability risk as SEC seeks to drop SPAC safe harbor

Projections to attract shareholders could trigger lawsuits as plaintiffs’ attorneys take advantage of what amounts to a shift in the burden of proof to operating companies.

By Robert Freedman • May 12, 2022

SEC fines NVIDIA $5.5M for failing to disclose cryptomining impact

NVIDIA rode the rush into crypto assets as customers used its gaming devices for cryptomining. The SEC penalized the company for allegedly not disclosing how it gained from the crypto boom.

By Jim Tyson • May 11, 2022