Strategy & Operations: Page 4
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Werfel defends IRS against Republican efforts to slash funding
Before the approval of $80 billion in extra funding in 2022, the Internal Revenue Services fielded just one examiner for every 150 of the largest tax filers, IRS Commissioner Daniel Werfel said.
By Jim Tyson • Feb. 15, 2024 -
Courtesy of the National Transportation Safety Board.
Boeing CFO expects 2H24 production resurgence, cites ‘uncertain moment’
The aerospace company is grappling with the implications of last month’s midair door plug blowout that shocked travelers and sparked an FAA audit.
By Suman Bhattacharyya • Feb. 15, 2024 -
Explore the Trendline➔
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TrendlineCFO 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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Want a remote accounting or finance gig? It could be your lucky year.
The accounting and finance job category rose to take second place in FlexJobs’ 2024 ranking of the strongest fields for work-from-home roles.
By Maura Webber Sadovi • Feb. 14, 2024 -
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Inflation edges up, pushing back forecast of first Fed rate cut
Futures traders now see a 52% probability that policymakers in June will cut the federal funds rate from its current peak level between 5.25% and 5.5%.
By Jim Tyson • Feb. 13, 2024 -
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AI dominates CFOs’ 2024 budget hike plans
The vast majority (90%) of finance leaders are projecting higher AI budgets in the coming year, with none planning a reduction, Gartner found.
By Alexei Alexis • Feb. 13, 2024 -
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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 Jim Tyson • 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 -
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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 Jim Tyson • 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 Maura Webber Sadovi • 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 Jim Tyson • 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 Alexei Alexis • 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 Jim Tyson • 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 Maura Webber Sadovi • 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 Grace Noto • Feb. 7, 2024 -
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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 Jim Tyson • Feb. 6, 2024 -
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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 Jim Tyson • Feb. 5, 2024 -
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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 Jim Tyson • 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 Maura Webber Sadovi • Feb. 1, 2024 -
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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 Jim Tyson • 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 Jim Tyson • 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 Jim Tyson • 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 Maura Webber Sadovi • Jan. 30, 2024 -
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Sponsored by MaxioThe 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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