Strategy & operations

SEC charges Goldman Sachs with ESG policy failures

The Securities and Exchange Commission has pledged to crack down on companies involved in finance and other sectors that overstate their commitment to sustainability, or so-called greenwashing.

By Maura Webber Sadovi • Nov. 23, 2022

Geopolitical tensions to continue shaping 2023 economy: S&P Global

Unresolved global conflicts and likely recessions in several markets will shape economic policies in 2023, a survey said.

By Elizabeth Flood • Nov. 23, 2022

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Giving your working capital plan a fresh look

The return to more normal operations as the pandemic eases is a good time to take a fresh look at your current expenses and liabilities and whether your working-capital ratio is right for your organization. 

By CFO Dive staff

‘Inflation may have peaked’ as economy slumps: Fannie Mae

The U.S. economy will likely shrink during this quarter and most of 2023 as the Federal Reserve cools demand and curbs inflation, Fannie Mae said.

By Jim Tyson • Nov. 22, 2022

Labor market rebalancing will require job loss: Fitch

The job openings rate will likely decline from the current rate of 6.5% to 5.2% by 2024, reducing job openings by 2.1 million, according to Fitch Ratings.

By Elizabeth Flood • Nov. 22, 2022

Holiday clues appear in October retail sales

Consumers will be relying on credit cards, their savings and heavy discounts in what is shaping up to be an uncertain season for retailers.

By Daphne Howland • Nov. 22, 2022

CFO stressors: four cures for inflation fever

CFOs have seized on ways to shield profits against the worst price pressures in nearly 40 years.

By Jim Tyson • Nov. 21, 2022

AICPA seeks to ease talent ‘crunch’

The Registered Apprenticeship for Finance Business Partners Program aims to help CFOs by expanding the pool of talent available for long-term employment.

By Elizabeth Flood • Nov. 21, 2022

Suppliers get break from extended terms as tables turn

The go-to cash management strategy of extending payment terms is running out of steam. Suppliers are taking back control.

By Ramona Dzinkowski • Nov. 21, 2022

Lease abandonments trigger accounting questions

Companies are wrestling with the accounting implications of shrinking their real estate footprints. It’s not as simple as moving out and moving on.

By Maura Webber Sadovi • Nov. 18, 2022

U.S. will ‘narrowly avoid recession’: Goldman Sachs

The Federal Reserve will slow the pace of tightening next month and early next year but not cut the federal funds rate until Q2 2024, Goldman Sachs predicted.

By Jim Tyson • Nov. 18, 2022

Companies boost 2023 salary budgets to 20-year high: WTW

U.S. companies — reacting to persistent inflationary and labor market pressures — are ratcheting up the targeted average pay raise they expect to hand out next year to 4.6%. 

By Maura Webber Sadovi • Nov. 17, 2022

Tech execs see growth opportunities in economic downturn: EY

Half of executives in the technology sector see a potential recession as a time to implement growth strategies.

By Elizabeth Flood • Nov. 17, 2022

Scotts Miracle-Gro CFO gets $1.45M signing bonus

A record number of initial public offerings last year reduced the supply of CFO talent, giving seasoned executives such as Matthew Garth leverage in job negotiations.

By Maura Webber Sadovi • Nov. 16, 2022

Most auditors pessimistic about economy: CAQ

Inflation ranks as the top threat to U.S. companies in the coming months, according to auditors surveyed by the Center for Audit Quality.

By Jim Tyson • Nov. 16, 2022

Graham’s new Leaf Group CFO eyes growth

Ross Landsbaum left Therabody to take the CFO seat at Leaf Group, which has been vacant since June 2021.

By Elizabeth Flood • Nov. 16, 2022

The CFO’s guide to the first 365 days

In many ways, the first year in the CFO seat is like a road trip. You’ll need to prepare before you get in the car, listen carefully to your travel companions and keep an eye on the dashboard.

By Dawn Wotapka • Nov. 16, 2022

Etsy, AirBnb CFOs talk unconventional career starts

The finance chiefs discussed how they got where they are, as well as the institutions that helped them along the way.

By Elizabeth Flood • Nov. 15, 2022

Layoffs part of top-down, bottom-up cost-cutting strategy, Surface CFO says

Surface Oncology is one of many biotechnology firms that have been cutting jobs as investor interest in the sector has dried up this year. 

By Maura Webber Sadovi • Nov. 15, 2022

CFO FP&A Close-up: modern planning and analysis

In today’s uncertain economy, strategic planning and analysis is more important — and difficult — than ever. CFOs need to set priorities to get the most out of their FP&A teams.

By Elizabeth Flood • Nov. 14, 2022

5 ways to cut waste in cloud spending: McKinsey

Companies will probably increase cloud computing budgets by more than 20% next year even as they waste as much as 32% of their spending, according to surveys and analysts’ estimates.

By Jim Tyson • Nov. 14, 2022

Most CFOs geared up to freeze hiring, survey finds

As an increasing number of economists forecast a recession, financial leaders are contemplating hiring freezes, even as businesses describe their teams as "understaffed."

By Maura Webber Sadovi • Nov. 11, 2022

Nearly half of CFOs admit to flawed ESG reporting: EY

Companies and institutional investors worldwide “are at odds when it comes to sustainability,” EY said.

By Jim Tyson • Nov. 11, 2022

Green Dot CEO taps new CFO, team

The payment services company’s recently appointed CEO brought on his own team this week, naming a new CFO, COO and chief revenue officer.

By Lynne Marek • Nov. 11, 2022

Ex-Girardi & Keese CFO arrested on wire fraud charge

The finance chief was arrested over the weekend after he and other former Girardi Keese execs were sued for racketeering in July.

By Elizabeth Flood • Nov. 10, 2022

3 female CFOs tackle courage, soft voices and unchecked boxes

While their numbers are rising, female CFOs are still relatively rare. Women hold only about 16% of the top finance seats at Fortune 500 and S&P 500 companies.

By Maura Webber Sadovi • Nov. 10, 2022