Risk Management: Page 7
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Intuit CFO warns against isolationism, defends H-1B visas
CFO Sandeep Aujla asserts that the H-1B visa program — which has recently sparked controversy — is key because it gives companies access to global talent.
By Suman Bhattacharyya • Jan. 13, 2025 -
‘Gangbusters’ hiring reduces odds of early 2025 Fed rate cut
The yield on the benchmark 10-year Treasury bond rose as investors bet the Federal Reserve will pause monetary easing.
By Jim Tyson • Jan. 10, 2025 -
Cyberattacks, tech disruption ranked as top threats to business growth
Forty percent of executives view data breaches and leaks as the most financially burdensome man-made threats, a Chubb study found.
By Alexei Alexis • Jan. 8, 2025 -
Deep Dive
Walking a tightrope: 6 CFO trends for 2025
Financial executives can gain an edge this year by monitoring six trends in federal policy and business strategy.
By Jim Tyson • Jan. 7, 2025 -
FCC net neutrality rule among first to fall in Loper Bright decision’s aftermath
No longer bound by deference to regulators, a Sixth Circuit panel ruled that the Biden administration cannot enforce stricter regulation policy on internet service providers.
By Justin Bachman • Jan. 6, 2025 -
SEC gives PCAOB more leeway in de-registering accounting firms
A new rule could trigger withdrawal of PCAOB registrations beginning in the fall of 2026, the SEC said.
By Jim Tyson • Jan. 3, 2025 -
Jobless claims fall to eight-month low, signaling steady labor market
Traders in interest rate futures have increased the probability that Fed policymakers this month will hold the federal funds rate at its current level.
By Jim Tyson • Jan. 2, 2025 -
Sustainability profession at ‘crossroads’ amid stiff compliance: Trellis
Compliance is becoming a bigger part of a sustainability executive’s role, coupled with greater oversight from legal and CFO teams, according to the research firm.
By Suman Bhattacharyya • Jan. 2, 2025 -
Tariffs could jump by $800B annually: PwC
Businesses should prepare for wide-ranging impacts stemming from a new presidential administration, including the need to revamp supply chains and cost structures.
By Suman Bhattacharyya • Updated Dec. 20, 2024 -
Audit fees poised to rise further after 6.4% hike in latest cycle, report says
Additional pressure on audit pricing is expected to come from regulatory changes on the horizon such as the FASB’s income statement expense rules, FERF reports.
By Maura Webber Sadovi • Dec. 19, 2024 -
M&A outlook intact despite Fed’s interest rate pivot: PwC
The Fed is “going in the right direction, albeit maybe not fast enough for some,” PwC’s Liz Crego said.
By Alexei Alexis • Dec. 19, 2024 -
Gensler stresses PCAOB’s importance following $400M budget approval
Trust in public company financials “can easily be taken for granted,” outgoing SEC Chair Gary Gensler warned in a statement on the audit watchdog’s budget.
By Grace Noto • Dec. 19, 2024 -
Fed trims main interest rate, signals prospect of less easing in 2025
Policymakers reduced the benchmark interest rate despite signs that their nearly three-year fight to push down inflation to their 2% target has stalled.
By Jim Tyson • Updated Dec. 18, 2024 -
SEC cybersecurity enforcement outlook uncertain as Trump 2.0 looms
With issues such as cryptocurrency and climate change facing the next SEC chair, it’s unclear whether rolling back cybersecurity rules will be high on the priority list.
By Alexei Alexis • Dec. 17, 2024 -
MassMutual’s first female CFO looks back on her career, automation, and getting loud
Betsy Ward — the life insurer’s finance chief since 2016 — is retiring at the end of the year. She will be succeeded by Mary Jane Fortin, formerly of Thrivent Financial.
By Maura Webber Sadovi • Dec. 16, 2024 -
4 not-so-nice holiday compliance pitfalls employers should avoid
It’s important to think through how to handle inappropriate gifts, alcohol and workplace decorations in advance, attorney Jonathan Segal said.
By Ryan Golden • Dec. 16, 2024 -
Opinion
It’s time to prepare for FASB’s new compensation reporting rules
The new accounting standard will fundamentally change how businesses track and report compensation, especially with regards to bonuses and commissions, Mark Schopmeyer writes.
By Mark Schopmeyer • Dec. 13, 2024 -
SEC charges former Comtech CEO with insider trading
The charges against Ken Peterman are just the latest initiative by what, in some respects, has been the most aggressive SEC enforcement division on record.
By Jim Tyson • Dec. 12, 2024 -
Inflation rises, underscoring Fed’s challenge achieving 2% target
Traders in interest rate futures were unfazed by the report of persistent inflation, raising the odds that policymakers will trim the main interest rate.
By Jim Tyson • Dec. 11, 2024 -
Small business optimism surges to highest level in three years: NFIB
CEOs at the largest U.S. companies also see good times ahead, according to the Business Roundtable.
By Jim Tyson • Dec. 10, 2024 -
FTC warns 21 healthcare marketers against deceptive claims
The warnings come less than a week after the fatal shooting of a UnitedHealthcare CEO unleashed expressions of anger on social media about health insurer practices.
By Maura Webber Sadovi • Dec. 10, 2024 -
US poised for AI policy shake-up under Trump
The signs of a coming shift include Trump’s decision to tap former PayPal executive David Sacks as “AI and crypto czar,” according to attorneys at Perkins Coie.
By Alexei Alexis • Dec. 10, 2024 -
Credit risk rising as cyber attackers strike larger companies: Moody’s
Cybercriminals are increasingly deploying generative AI tools in their efforts at ransomware and fraud, Moody’s Ratings said.
By Jim Tyson • Dec. 9, 2024 -
Hiring rebounds amid hurricane, strike recovery as jobless rate edges up
Traders in interest rate futures raised the odds that the Federal Reserve will cut the federal funds rate by a quarter point on Dec. 18.
By Jim Tyson • Dec. 6, 2024 -
Super Micro proposed class actions head toward consolidation
Litigation alleging Super Micro, its CEO and CFO misled investors is poised to heat up. But an AI supercomputer project the company is involved in got a shout-out from Elon Musk.
By Maura Webber Sadovi • Dec. 6, 2024