Accounting firms zero in on efficiences

The narrative has changed this year, with the drive for efficiency replacing talent as the top priority for accounting firms. 

By Elizabeth Flood • Feb. 17, 2023

CEOs expect recession but pessimism eases from Q4

The Conference Board found in a survey that the outlook among CEOs has brightened compared with the final three months of last year.

By Jim Tyson • Feb. 17, 2023

Explore the Trendline➔

Digital transformation, one smart step at a time

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

By CFO Dive staff

Financial services, Black America and the evolution of DEI

Despite the rise of corporate diversity initiatives, Christopher Johnson writes systemic hurdles still keep many minorities from working in finance.

By Christopher Johnson • Feb. 17, 2023

Visa CFO to exit

Vasant Prabhu, the company’s chief financial officer since 2015, will leave Visa in September, the company said Thursday.

By Caitlin Mullen • Feb. 17, 2023

Paymentus hands interim CFO severance benefits

The company called the severance benefits’ approval a formality. But one expert said it is likely a retention strategy designed to encourage the interim CFO to “stick around.” 

By Maura Webber Sadovi • Feb. 16, 2023

A one-way ticket to ServiceNow’s CFO seat

From heartbreak to the financial helm, Gina Mastantuono has had her fair share of pivotal challenges on her way to the top.

By Elizabeth Flood • Feb. 16, 2023

KPMG cuts nearly 2% of US staff

KPMG’s layoffs affect close to 700 U.S. workers in the Big Four firm’s advisory business, according to a source familiar with the matter. The employees were notified Wednesday. 

By Maura Webber Sadovi • Feb. 16, 2023

FASB votes to finalize lease accounting relief

The proposed changes to lease accounting guidance are relatively narrow, but they are one of a number of standard updates that FASB has in the works.  

By Maura Webber Sadovi • Feb. 15, 2023

Inflation tops concerns weighing on CFOs

Amid economic uncertainty, financial forecast accuracy, liquidity, cash flow, and capital structure will be among top priorities for CFOs this year, according to a study.

By Alexei Alexis • Feb. 15, 2023

Strategizing tech investments key for ROI: Coupa CFO

As AI evolutions make their way into the finance function, Tony Tiscornia shares why CFOs should focus on the quickest ‘bang for your buck’.

By Elizabeth Flood • Feb. 15, 2023

Marriott CFO says wage pressures have moderated

As pandemic restrictions loosened and travel resumed, many lodging companies have struggled to staff hotels, with some cutting back housekeeping.

By Maura Webber Sadovi • Feb. 14, 2023

Rapid inflation persists as Fed officials favor higher rates

Federal Reserve policymakers have recently voiced particular concern for persistently high gains in prices for services excluding housing.

By Jim Tyson • Feb. 14, 2023

Automation to reshape finance job descriptions

With a continued focus on automation in the job function, CFOs need to be prepared for job creation outside of traditional accounting.

By Elizabeth Flood • Feb. 14, 2023

More CFOs eye the top seat: report

Of CFOs who take new roles, about 80% are opting for non-CFO jobs, according to a report about CFO “flight risk” from management consulting firm Russell Reynolds.

By Elizabeth Flood • Feb. 13, 2023

FTC Dems take aim at merger review time limits

A new report shows “unprecedented” challenges faced by the agency in conducting effective merger reviews and the need for congressional action, FTC Chair Lina Khan and her two Democratic colleagues said.

By Alexei Alexis • Feb. 13, 2023

PwC doubles down on tech M&A

The Big Four firm is still on the hunt for companies that will enhance its position as a ‘digital business partner’ to its clients.

By Suman Bhattacharyya • Feb. 13, 2023

CFOs: It’s time to make the CMO your best friend

In this article, learn more about how clear visibility into marketing costs and returns can enable the CFO and the CMO to work together on high ROI activities across the organization.

By Dan Fletcher, Planful CFO • Feb. 13, 2023

What CFOs need to get right when adopting subscription models

With subscription models continuing to expand across industries and verticals, the CFO has a significant role to play in making sure organizations can launch, manage, track and account for recurring revenue streams.

By Mark Aubin, Senior Vice President, Solution Consulting, Aptitude Software • Feb. 13, 2023

Business lobby rips Biden’s stock buyback tax plan

The push to raise taxes on corporate stock buybacks could hurt America’s retirement savers, as well as entrepreneurs, according to the U.S. Chamber of Commerce.

By Alexei Alexis • Feb. 10, 2023

Middle market CFOs face revenue, spending dichotomy: study

Although a majority of middle market CFOs expect increased revenue in 2023, only 18% plan to increase spending to support that growth, according to a recent study.

By Elizabeth Flood • Feb. 10, 2023

Opening the books on pay-versus-performance: Are you ready?

The new disclosures are meant to help investors compare executive compensation with company performance. It’s turning out to be a heavy lift for some companies.

By Ramona Dzinkowski • Feb. 10, 2023

Ratio Therapeutics CFO gets due-diligence ready

The new biotech firm’s CFO wants to make sure the young company is always able to answer questions potential investors may have.

By Maura Webber Sadovi • Feb. 9, 2023

How CFOs can combat inflation’s supply chain squeeze

Just-in-time inventory logic can appeal to boards. Michael Poveda argues CFOs should consider stockpiling inflation-sensitive products and materials.

By Michael Poveda • Feb. 9, 2023

Disney cuts 7,000 workers with laser focus on streaming business

The Mouse House is slashing 3.6% of its workforce after CEO Bob Iger’s recent return to his role.

By Elizabeth Flood • Feb. 9, 2023

Inflation erodes US company growth, return on capital: McKinsey

When facing persistent price pressure, companies need to focus more on sustaining gains in profit margins and return on capital, McKinsey said.

By Jim Tyson • Feb. 8, 2023