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

Biden seeks four-fold tax hike on stock buybacks

The proposed increase will encourage corporations to make long-term investments, while still allowing them to see a "considerable profit," Biden said.

By Alexei Alexis • Feb. 8, 2023

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Navigating risk in turbulent times

CFOs must help their organizations mitigate risks by balancing the need for both growth and stability. 

By CFO Dive staff

Watch for accidental fraud, forensic accounting expert says

Kelly Richmond Pope believes CFOs need to understand what motivates three types of fraud perpetrators: the intentional, the accidental and the righteous.

By Maura Webber Sadovi • Feb. 8, 2023

Most accounting professionals want more mental health help: study

“Attracting the next generation of talent to the accountancy profession is vital to healthy economies,” said Jillian Couse, head of ACCA North America. 

By Elizabeth Flood • Feb. 8, 2023

Fed’s Powell sees ‘significant road ahead’ to curb inflation

Fed policymakers will probably push up borrowing costs at coming meetings even though some measures of inflation have eased somewhat, Powell said.

By Jim Tyson • Feb. 7, 2023

VinFast US CFO included in North America layoffs: report

The cuts come as the company is consolidating its Canadian and U.S. strategic business and management operations into a single unit that will be known as VinFast North America.

By Alexei Alexis • Feb. 7, 2023

Mid-size businesses plan for ‘aggressive hiring’: report

"We call it the mighty middle market," Doug Farren of the NCMM said. With confidence rebounding, these companies aim to grow their workforce in 2023.

By Elizabeth Flood • Feb. 7, 2023

Bed Bath prices offering to avoid bankruptcy, taps new CFO

The investor deal comes as the beleaguered home goods retailer ushers in a new interim CFO with experience in turnarounds.

By Nate Delesline III • Feb. 7, 2023

Tyson Foods ‘hit in the mouth’ with disappointing earnings

The meat processor is facing unusual pressures across its chicken, pork and beef segments, executives said on Tyson Foods' earnings call Monday.

By Elizabeth Flood • Feb. 6, 2023

Rampant budget cuts anticipated amid recession fears

The study by CFO.com shows that companies are planning as if a recession will happen, even if there are mixed views about the economy.

By Alexei Alexis • Feb. 3, 2023

Audit committee job creep taking its toll

With internal audit committees biting off more than they can often chew, committee members across businesses are feeling the burnout. 

By Elizabeth Flood • Feb. 3, 2023

Stripe CFO exits to handle ‘family matters’

Dhivya Suryadevara is exiting the payments software provider on the brink of a potential IPO and deal with Amazon.

By Elizabeth Flood • Feb. 3, 2023

Checkout.com expands into US, picks CFO from within

Nirupam Sinha was promoted to the CFO seat as the company’s former finance chief moves on to oversee U.S. expansion.

By Elizabeth Flood • Feb. 2, 2023

Fed slows tightening pace but signals more rate hikes to come

Fed Chair Jerome Powell predicted that the U.S. will avoid recession in 2023 while saying the Fed should lean toward tightening too much rather than too little.

By Jim Tyson • Feb. 1, 2023

Interim Illumina CFO takes permanent seat

Joydeep Goswami’s appointment marks the executive’s first role in finance, and happens as the company faces headwinds from an acquisition last year.

By Elizabeth Flood • Feb. 1, 2023

Biden antitrust enforcers block deals at record pace

The FTC and DOJ are relying more on litigation and less on consent decrees in their merger enforcement approach.

By Alexei Alexis • Feb. 1, 2023

CFOs are focused on talent — and the return to office

It’s becoming increasingly clear there is no “going back” fully to how we worked before the pandemic, Kathryn Kaminsky writes.

By Kathryn Kaminsky • Feb. 1, 2023

Wage growth slows, blunting threat of wage-price spiral

Federal Reserve policymakers say that a steady decline in wage growth is essential for a sustained easing of inflation.

By Jim Tyson • Jan. 31, 2023

Poshmark CFO’s ‘adventurous’ career journey

Rodrigo Brumana landed the CFO seat at Poshmark after coming to the US about 20 years prior knowing little English and having no financial experience.

By Elizabeth Flood • Jan. 31, 2023

4 rules for CFOs cutting office space

Trimming office space budgets has always been a quick cost-cutting solution for companies in recessionary times. Now hybrid work is complicating matters.

By Maura Webber Sadovi • Jan. 31, 2023

Accountants may underestimate impact of Fed tightening: survey

“Further monetary tightening appears inevitable,” the ACCA and IMA said as the Federal Reserve prepared for a two-day policy meeting beginning Tuesday.

By Jim Tyson • Jan. 30, 2023

Ex-Pfizer CFO talks tactics for first-timers

Frank D’Amelio, a veteran finance chief, says being ‘a player on the field’ is key for success during unpredictable times.

By Elizabeth Flood • Jan. 30, 2023

5 questions for CFOs before selecting subscription KPIs

Selecting the right subscription KPIs is imperative for CFOs looking to drive shareholder value.

By Ryan Citro, Max Bulger and Benjamin Thiesen, Ernst and Young LLP • Jan. 30, 2023

CFO FP&A Close-up: finance function’s ‘octopus’

Between intergenerational differences and specific skillsets, CFOs need to get a handle on how FP&A execs operate.

By Elizabeth Flood • Jan. 27, 2023

5 CFO tips for boosting tech ROI

CFOs are overhauling their technology budgets as inflation, slumping economic growth and other external forces jeopardize their earnings targets.

By Jim Tyson • Jan. 27, 2023