The CFO’s guide to the first 365 days

In many ways, the first year in the CFO seat is like a road trip. You’ll need to prepare before you get in the car, listen carefully to your travel companions and keep an eye on the dashboard.

By Dawn Wotapka • Nov. 16, 2022

Etsy, AirBnb CFOs talk unconventional career starts

The finance chiefs discussed how they got where they are, as well as the institutions that helped them along the way.

By Elizabeth Flood • Nov. 15, 2022

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

Layoffs part of top-down, bottom-up cost-cutting strategy, Surface CFO says

Surface Oncology is one of many biotechnology firms that have been cutting jobs as investor interest in the sector has dried up this year. 

By Maura Webber Sadovi • Nov. 15, 2022

CFO FP&A Close-up: Modern planning and analysis

In today’s uncertain economy, strategic planning and analysis is more important — and difficult — than ever. CFOs need to set priorities to get the most out of their FP&A teams.

By Elizabeth Flood • Nov. 14, 2022

5 ways to cut waste in cloud spending: McKinsey

Companies will probably increase cloud computing budgets by more than 20% next year even as they waste as much as 32% of their spending, according to surveys and analysts’ estimates.

By Jim Tyson • Nov. 14, 2022

Most CFOs geared up to freeze hiring, survey finds

As an increasing number of economists forecast a recession, financial leaders are contemplating hiring freezes, even as businesses describe their teams as "understaffed."

By Maura Webber Sadovi • Nov. 11, 2022

Nearly half of CFOs admit to flawed ESG reporting: EY

Companies and institutional investors worldwide “are at odds when it comes to sustainability,” EY said.

By Jim Tyson • Nov. 11, 2022

Green Dot CEO taps new CFO, team

The payment services company’s recently appointed CEO brought on his own team this week, naming a new CFO, COO and chief revenue officer.

By Lynne Marek • Nov. 11, 2022

Ex-Girardi & Keese CFO arrested on wire fraud charge

The finance chief was arrested over the weekend after he and other former Girardi Keese execs were sued for racketeering in July.

By Elizabeth Flood • Nov. 10, 2022

3 female CFOs tackle courage, soft voices and unchecked boxes

While their numbers are rising, female CFOs are still relatively rare. Women hold only about 16% of the top finance seats at Fortune 500 and S&P 500 companies.

By Maura Webber Sadovi • Nov. 10, 2022

Businesses can expect more pushback on taxes from new Congress: KPMG

With midterm votes still being tallied, corporate leaders are still grappling with the election’s likely impact on tax policies and regulations.  

By Suman Bhattacharyya • Nov. 9, 2022

M&A rebound unlikely in 2023 after 35% slump: S&P Global

Higher borrowing costs this year have choked off deal-making, a trend that will probably persist in 2023.

By Jim Tyson • Nov. 9, 2022

Dark social: the invisible CFO tool

Financial executives want quick answers to people, process or tech questions. Lately they are finding new ways to get the information they need.

By Zviki Shimon • Nov. 9, 2022

Tyson Foods’ apparent inaction on CFO arrest draws fire

The CFO of Tyson Foods said he was “embarrassed” after his arrest on public intoxication and criminal trespassing charges, but the future of his role is unclear.

By Elizabeth Flood • Nov. 8, 2022

PwC beefs up consulting with latest tech deal

With Sagence, PwC’s fourth acquisition in 18 months, the Big Four firm gains expertise in AI and data science as it continues its tech buying spree.

By Suman Bhattacharyya • Nov. 8, 2022

Small businesses foresee ‘dismal’ sales: NFIB

Inflation, a tight labor market and disrupted supply chains have jarred small business confidence in future sales growth.

By Jim Tyson • Nov. 8, 2022

CFOs outpace CEOs’ retention bonus frequency

Companies are handing CFOs a significant share of retention bonuses as the churn of finance chiefs leaving jobs has increased.

By Maura Webber Sadovi • Nov. 7, 2022

Fed flags risks from liquidity strains, Russia’s invasion, inflation

Hidden leverage or declining market liquidity may amplify harm from a financial shock, Fed Vice Chair Lael Brainard said.

By Jim Tyson • Nov. 7, 2022

Goodwill impairment valuations: a secret treasure trove

With the recent decision by US regulators to abandon plans to scrap mandatory goodwill impairment valuations, goodwill assessments are here to stay.

By Daniel Burkly, Principal, Ernst & Young LLP; Ryan Citro, Principal, Ernst & Young LLP; and Jessica Shaw, Principal, Ernst & Young LLP • Nov. 7, 2022

Stock buybacks rise toward record $1T: Goldman Sachs

Companies are repurchasing shares at a fast pace before the federal government next year levies a 1% excise tax on such transactions.

By Jim Tyson • Nov. 4, 2022

Most executives see possible GOP midterm win as business boost: PwC

Over half of executives surveyed said U.S. House and Senate control flipping to Republicans would have positive effects on the business environment.

By Suman Bhattacharyya • Nov. 3, 2022

Lawsuits over Twitter golden parachutes could get messy

New owner Elon Musk now has access to sensitive internal communications that could touch on his claim Twitter has more fake accounts than it says it does.

By Robert Freedman • Nov. 3, 2022

Pathward Financial appoints new CFO from within

Insider Sonja Theisen will take the top financial seat for the the banking as a service (BaaS) industry leader next year.

By Elizabeth Flood • Nov. 3, 2022

Fed intensifies inflation fight, may slow tightening next month

The Federal Reserve may raise borrowing costs in smaller increments but a pause in its efforts to reduce price pressures is not in the cards, Fed Chair Jerome Powell said.

By Jim Tyson • Nov. 2, 2022

Over half of workers plan to jump ship if they don’t get raises: survey

The November Human Workplace Index found that 51.1% of employees would look for other opportunities if their company announced a spending freeze in compensation.

By Elizabeth Flood • Nov. 2, 2022