Seeking ‘Goldilocks’: 5 CFO trends for 2024

Financial executives in the new year must protect profits by adapting to trends ranging from falling price pressures and borrowing costs to federal disclosures on carbon emissions.

By Jim Tyson • Jan. 9, 2024

New CVS drug pricing formula won’t drive up costs, CFO says

Tying the prices it charges for medicines to those charged by pharmaceutical companies will put the healthcare giant’s pharmacy business on a more sustainable footing, executives said.

By Suman Bhattacharyya • Jan. 8, 2024

Explore the Trendline➔

Digital transformation, one smart step at a time

As pricing pressures tighten margins and technologies like agentic AI evolve, finance chiefs are more closely scrutinizing the cost and returns of the tech tools they implement.

By CFO Dive staff

Bankruptcies surge 18% in 2023 as more distress looms

The rise in business failures was one of the darker pieces of last year’s economic puzzle. 

By Maura Webber Sadovi • Jan. 4, 2024

73% of accounting students lack money for gaining CPA license

To stem a talent shortage, accounting firms need to reach out to potential CPAs well before they select their college majors, according to a CPA association.

By Jim Tyson • Jan. 3, 2024

Finding the profitability, growth balance: Kaseya CFO

Taking a strategic approach to hiring and investment can aid CFOs looking to place their companies on the path to hypergrowth, Kaseya’s finance chief said.

By Grace Noto • Jan. 3, 2024

CFO optimism rises on outlook for 2024 economy: Fed

Financial executives expect solid business performance in 2024, forecasting on average 5% revenue growth and a 2.7% expansion in payrolls.

By Jim Tyson • Jan. 2, 2024

AI may boost M&A dealmaking this year

M&A activity could be on the verge of a rebound this year, with artificial intelligence playing a key role, analysts say.

By Alexei Alexis • Jan. 2, 2024

Driving FP&A transformation in 2024

Indirect spend is an area that is perfect for radical automation — the kind that can deliver huge cost savings for a business, writes Globality’s Seth Catalli.

By Seth Catalli • Jan. 2, 2024

AICPA targets talent crunch with over 200 apprentices

Finding accountants remains a top challenge for CFOs. AICPA’s program aims to meet their needs by expanding the talent pool.

By Maura Webber Sadovi • Dec. 21, 2023

5 tips for smoothing out year-end AP/AR processes

Being proactive in evaluating processes, policies, and technology solutions, can save AP/AR leaders a world of trouble as they prepare the year-end close.

By Chris Gaetano • Dec. 21, 2023

Manufacturers call out downstream effects of reshoring

Snarled supply chains led many companies to shift production closer to consumers. Such strategies can have unintended consequences.

By Suman Bhattacharyya • Dec. 19, 2023

IPOs rise on prospect of Fed interest rate cuts: EY

High-profile IPOs in September by companies including Arm Holdings and Instacart renewed C-suite and investor interest in the market.

By Jim Tyson • Dec. 19, 2023

US regulators flag commercial real estate as a leading risk in 2024

“Signs of stress emerged in 2023, and the market outlook is challenging” for commercial real estate, according to the Financial Stability Oversight Council.

By Jim Tyson • Dec. 18, 2023

UBS, Citi and the 2023 ‘grinch index’

Citi is reportedly offering employees part of their annual bonuses early if they agree to leave the bank. UBS, meanwhile, aims to claw back old bonuses paid to Credit Suisse bankers.

By Dan Ennis • Dec. 15, 2023

Small businesses limp toward 2024 with gloomier outlook, surveys show

Confidence among CEOs and economists in the prospects for the economy is not shared by small businesses.

By Jim Tyson • Dec. 14, 2023

Fed holds main rate steady, signals deeper cuts to borrowing costs in 2024

Policymakers paused monetary tightening for the third consecutive meeting as traders in interest rate futures bet the Fed will begin easing in the spring.

By Jim Tyson • Dec. 13, 2023

Core inflation edges up, spotlighting Fed’s bumpy path to stable prices

Traders in interest rate futures shook off the core CPI data, predicting that the Fed will leave the main interest rate unchanged on Wednesday after a two-day meeting.

By Jim Tyson • Dec. 12, 2023

Cybersecurity pressures stretch CFOs

CFOs are bracing for new SEC cybersecurity rules set to kick in this month as the regulator is already signaling an aggressive enforcement posture.

By Alexei Alexis • Dec. 12, 2023

NY workers top productivity rankings at $120.67 hourly

Workers in New York, Washington and Delaware added over $100 an hour to the economy last year, well above the U.S. average of $79.48. 

By Maura Webber Sadovi • Dec. 11, 2023

Cloud customers undeterred by cost, billing complexity

Most companies are satisfied with their primary provider, Forrester research found. But compliance, resilience and flexibility are luring them to multicloud.

By Matt Ashare • Dec. 11, 2023

4 keys to ensuring your travel and expense policy benefits your business

By taking a digital approach to T&E management, CFOs gain more control over travel costs and other expenses.

Dec. 11, 2023

CFO survey: Reflecting on 2023 to avoid surprises in 2024

It’s a CFO’s job to avoid surprises and when they happen, to be ready with a plan to minimize their impact.

By Planful • Dec. 11, 2023

Most accountants back AI, viewing it as productivity boost: Moss Adams

Accountants also flagged several potential downsides from rapid AI adoption, including poor work quality, flawed data and undetected bias.

By Jim Tyson • Dec. 8, 2023

Auditors say accountant shortage ramps up work pressure: CAQ

A decline in the pool for accounting talent has prompted many U.S. companies to raise pay and provide greater workplace flexibility.

By Jim Tyson • Dec. 6, 2023

Microsoft poised to roll out AI tools for CFOs

The announcement marks the latest effort by Microsoft to stake out a dominant position in the rapidly evolving AI-enabled business applications market.

By Alexei Alexis • Dec. 6, 2023