Risk Management: Page 60
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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 -
Explore the Trendline➔
Mario Tama via Getty ImagesTrendlineTop 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 -
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 -
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Driving financial success with zero loss thinking
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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 -
For private equity deals, all parties 'benefit from having a strong CFO'
An excess of private equity capital, and deceleration of 2019 deals to date, means CFOs should prepare for opportunity in Q4.
By Jane Thier • Oct. 24, 2019 -
UK and EU reach agreement on Brexit
The United Kingdom released import-export advice for businesses that trade between the U.K. and European Union, reimplementing a plan to keep traffic moving around the Port of Dover once Brexit takes effect.
By Matt Leonard • Oct. 18, 2019 -
Move to subscription-based licensing a risk worth taking, CFO says
Software company 1E wrestled with poor revenue visibility and end-of-year volatility under its old perpetual licensing model.
By Robert Freedman • Oct. 11, 2019 -
Unemployment drops to 3.5% — the lowest in 50 years
Stagnant wages, however, remain a source of concern for some experts.
By Valerie Bolden-Barrett • Oct. 7, 2019 -
Deep Dive
These 28 retailers could go bankrupt in the next year
That figure is more than double past watch lists, which are based on an analysis of CreditRiskMonitor data.
By Ben Unglesbee • Oct. 2, 2019 -
Former auto group CFO faces $50M fine, 20 years for financing fraud
The finance executive of the now-bankrupt auto dealer contrived fake sales that cost Ford Motor Credit millions of dollars.
By Robert Freedman • Oct. 1, 2019 -
CFOs plan to pursue growth despite heightened macroeconomic worries
Deloitte's quarterly CFO survey shows an intention to deploy cash to generate more business.
By Robert Freedman • Sept. 29, 2019 -
Fiat Chrysler to pay $40M over misleading investors on sales
The company touted uninterrupted sales growth between 2012 and 2016. In months when the streak would have ended, it reported old sales as though they had just occurred, the SEC said.
By Robert Freedman • Sept. 29, 2019 -
Reverse factoring in cash management prompts alarm from Moody's
Companies are stretching out their supplier payments with a new take on conventional factoring, but this often creates an undisclosed material debt obligation.
By Robert Freedman • Sept. 22, 2019