Strategy & Operations: Page 35


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    Auditors should follow tougher standards for identifying fraud: IAASB

    A proposal for stricter rules by the global standard setter for corporate audits follows what it says is a rash in fraud cases in recent years.

    By Feb. 12, 2024
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    PayPal cost-cutting likely to persist

    The digital payments pioneer’s expense reductions may take years to benefit the company’s bottom line as management resets the business strategy.

    By Lynne Marek • Feb. 12, 2024
  • Trendline

    CFO best practices in the evolving generative AI era

    As the initial frenzy around the launch of generative artificial intelligence subsides, a new GenAI era appears to be taking shape.

    By CFO Dive staff
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    CEO optimism hits two-year high as inflation cools: Conference Board

    More than one out of three top executives believe the economic outlook will brighten during the next six months, according to a Conference Board and Business Council survey.

    By Feb. 9, 2024
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    Minority CPAs drop 26% after 150-hour rule: MIT

    Proponents of the more onerous rule say it raises the quality of accounting services. The study’s authors found “scant evidence.”

    By Feb. 9, 2024
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    Yellen backs legislation to avert AI threat to financial stability

    Testimony by the Treasury Secretary follows a pledge by the Biden administration to seize on the benefits of artificial intelligence while containing its risks.

    By Feb. 8, 2024
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    Walgreens names permanent CFO in management shakeup

    The pharmacy chain’s recently-installed CEO announced executive team changes as the company looks for a fresh start after financial struggles.

    By Feb. 8, 2024
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    IRS to collect $561B more in tax revenue with new enforcement funds

    The Treasury highlighted the payoff from stepped up funding for IRS enforcement as Republicans seek to cut the agency budget.

    By Feb. 7, 2024
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    Earnings season CFO moves pile up: Prudential, H&R Block

    Announcing CFO exits and entrances during earnings season can pave the way to a smooth transition — but there can be downsides.

    By Feb. 7, 2024
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    Profit is the ‘high value’ IPO ticket, NetSuite execs say

    As the IPO market recovers, investors are putting a premium on companies that have demonstrated stable profitability.

    By Feb. 7, 2024
  • Treasury Secreatry Janet Yellen peers behind her glasses on Capitol Hill.
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    Yellen says commercial real estate losses may leave banks ‘quite stressed’

    Bank regulators aim to avert turmoil caused by a slump in the value of commercial real estate, Treasury Secretary Janet Yellen said in testimony to a House committee.

    By Feb. 6, 2024
  • Federal Reserve Chair Jerome Powell.
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    Fed pivots to considering when to cut main interest rate: Powell

    Inflation will likely cool during the first six months of 2024, Federal Reserve Chair Jerome Powell said, adding that the central bank is unlikely to reduce borrowing costs in March.

    By Feb. 5, 2024
  • Heavy machinery and workers working on the construction of a new viaduct along the north of downtown Miami, where new luxury housing complexes are being developed.
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    US economy will likely cool as ‘real’ interest rates rise: ACCA

    As the economy avoided a downturn last year, confidence among CFOs rebounded close to the long-term average, the ACCA said.

    By Feb. 2, 2024
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    R&D tax credit tweak proposal sparks pushback

    The American Institute of Certified Public Accountants asserts information required by the proposed new form will be a “material burden” for taxpayers.

    By Feb. 1, 2024
  • Header image for "72% of Business Leaders Believe AI Will Improve Employee Productivity"
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    Productivity rebound buoys profits, blunts inflation, validates streamlining

    A leap in productivity may reflect a post-pandemic readjustment rather than a lasting trend in higher efficiency, Federal Reserve Chair Jerome Powell said.

    By Feb. 1, 2024
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    Fed holds main rate steady, wants ‘greater confidence’ inflation falling

    The central bank dropped a prior reference to “additional policy firming” but gave no support to market expectations that it will soon reduce interest rates. 

    By Jan. 31, 2024
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    CFO Dive’s 2024 outlook roundup: Trends to watch

    Cooling inflation, an M&A rebound and an AI reckoning are among the top forces that could shape the corporate finance world this year.

    By CFO Dive Staff • Jan. 31, 2024
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    Healthcare CFOs explore M&A, automation and service line cuts in 2024

    Companies grappling with liquidity concerns are looking to cut costs and streamline operations, according to a new survey.

    By Susanna Vogel • Jan. 31, 2024
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    Consumer confidence, job openings rise as Fed favors holding rates high

    The Federal Reserve on Wednesday will probably keep the main interest rate as the highest level since early 2001 as the economy shows signs of unexpected strength.

    By Jan. 30, 2024
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    Targeting the accounting shortage: 2024 tactics

    With controversial state legislation and big changes for CPA exam takers afoot, this year could be a volatile one for accounting players.

    By Jan. 30, 2024
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    Adobe Stock/Coetzee

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    Sponsored by Maxio

    The risks hiding in 2023’s B2B SaaS growth rates

    2023 was supposed to bring long-awaited stability. Instead, it surfaced hidden risks. Here’s what Maxio learned from studying 2,400 B2B SaaS companies.

    Jan. 29, 2024
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    Courtesy of City of Marshall
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    Archer Daniels Midland investor sues firm, CEO, CFO, ex-CFO

    The proposed class action alleges ADM and top executives concealed the true financial picture of the agricultural giant’s nutrition business.

    By Jan. 26, 2024
  • A businessperson hands a colleague a paycheck.
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    36% of companies plan to raise pay in 2024 amid tight labor market: BDO

    Although the job market has shown signs of cooling in recent quarters, CFOs aim to increase compensation this year to attract and retain employees.

    By Jan. 25, 2024
  • Office workstation top view of business people working around M&A, keyboard, calculator, phablet and money on wooden table
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    83% of execs anticipate spike in their M&A volume this year: Deloitte

    With economic conditions slowly improving, the stage might be set for a rebound in M&A activity.

    By Jan. 24, 2024
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    76% of companies link pay to ESG performance in rising trend: WTW

    The biggest companies are weaving ESG into pay incentives despite a backlash against the use of sustainability as a metric for corporate performance.

    By Jan. 24, 2024
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    $700M AGs settlement resolves only portion of J&J talc liability

    Some 50,000 private claims remain as Johnson & Johnson tries to keep its controversial bankruptcy strategy alive.

    By Robert Freedman • Jan. 24, 2024