Default rate likely to triple by Sept. 2023: Moody’s

Higher borrowing costs and a slowdown in the economy may trigger a rise in credit downgrades and outright defaults in the next 12 months.

By Jim Tyson • Oct. 31, 2022

New Zip file phishing trend threatens cybersecurity

Organizations are at an increased risk of cyber attacks with this new popular phishing technique that does not require a password.

By Elizabeth Flood • Oct. 31, 2022

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Modern accounting and the CFO

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By CFO Dive staff

Cheat sheet: Overcoming the barriers to tax function transformation

The tax function can bring strategic value to its organization and digital transformation is key to achieving this. But what are the barriers to transformation, and how do tax leaders overcome them?

Oct. 31, 2022

Rising wages, inflation keep Fed on track for Nov. 2 tightening

CFOs may not realistically expect wage pressures to ease as long as pay increases lag inflation and job openings exceed the number of job seekers.

By Jim Tyson • Oct. 28, 2022

McDonald’s serves up 10% U.S. price hike, CFO says

McDonald’s price increases come as businesses across industries are fine-tuning strategies for offsetting inflation without alienating customers.

By Maura Webber Sadovi • Oct. 27, 2022

Tipalti CFO’s tactics for winning, keeping workers

Tipalti CFO Sarah Spoja advises CFOs to up engagement with their own financial departments in order to deal with hiring and retention woes.

By Elizabeth Flood • Oct. 27, 2022

Crypto regulation to win more investors: FTX US advisor

The "decade of free money" is ending, but crypto will bounce back with the overall market, according to Brett Harrison. 

By Gabrielle Saulsbery • Oct. 27, 2022

How to zero in on metrics that matter

Businesses need to think creatively when it come to choosing how they gauge success in today’s uncertain economy. 

By Elizabeth Flood • Oct. 25, 2022

HSBC ousts CFO, picks successor from within

Newly named CFO Georges Elhedery was formerly the bank’s co-CEO of global banking and markets. He returned from a six-month sabbatical in September.

By Rajashree Chakravarty • Oct. 25, 2022

More companies lag Q3 earnings estimates: FactSet

Inflation, surging interest rates, cautious consumers and a rising dollar have eroded profits at many big companies.

By Jim Tyson • Oct. 24, 2022

CFO stressors: Sounding the alarm after suicide

Gustavo Arnal’s death has led to new conversations around C-suite mental healthcare and the rising pressures challenging even the most battle-tested finance leaders.

By Maura Webber Sadovi • Oct. 24, 2022

The CFO’s strategic contributions keep expanding

Reimagining the CFOs Role, From Automation and Cloud to ESG and Talent Management

Oct. 24, 2022

Hybrid work ushers HR onto CFO-CIO tech team

The complexity of hybrid work is fostering closer cross-department collaboration — especially on technology procurement and rollouts.

By Suman Bhattacharyya • Oct. 21, 2022

FTC redoubles Biden fight against ‘junk fees’

The White House seeks to wipe out hidden charges levied by companies involved in more than two dozen industries.

By Jim Tyson • Oct. 21, 2022

35% of retail execs to clear inventory: study

Over one-third of executives surveyed said their companies are deeply discounting or taking other measures to get rid of excess inventory.

By Tatiana Walk-Morris • Oct. 21, 2022

Baker Hughes appoints CFO, warns on inflation

The Houston-based oil services giant snapped up Nancy Buese from Newmont Mining, naming her as their new chief financial officer. 

By Elizabeth Flood • Oct. 20, 2022

Tackling the build versus buy forecasting dilemma

The rise in economic volatility is increasing the need for better decisions when it comes to acquiring and interpreting forecasting data.

By John Frechette • Oct. 20, 2022

Recession to start in Q2 2023, Fitch says

Warnings of a possible downturn are increasing amid a steady withdrawal of monetary stimulus, a slump in the housing market and a weakening in retail spending.

By Jim Tyson • Oct. 19, 2022

3 ways CFOs can utilize ERP as recession hedge

Strong enterprise resource planning (ERP) systems can help businesses prepare to survive an impending and potentially inevitable recession.

By Elizabeth Flood • Oct. 19, 2022

Supply chain partnerships key for the modern CFO

Between advancing ESG reporting requirements and the modernizing CFO seat, developing strong supply chain partners is key for CFOs to find and utilize the right data.

By Elizabeth Flood • Oct. 18, 2022

7 CFO tips to prepare for SEC climate risk rule

CFOs should not delay putting in place the staff, technology and processes needed to comply with an imminent SEC rule requiring detailed disclosure on climate risk.

By Jim Tyson • Oct. 18, 2022

ESG backlash unlikely to derail SEC climate risk rule

SEC Chair Gary Gensler faces growing resistance to the agency’s proposal that companies provide detailed disclosures on carbon emissions.

By Jim Tyson • Oct. 17, 2022

Beyond Meat taps insider for CFO, slashes workforce

Lubi Kutua will take on the struggling company’s CFO seat as it moves to cut down its workforce.

By Elizabeth Flood • Oct. 17, 2022

Jamie Dimon isn’t the only bank CEO expecting a recession: KPMG

Some 85% of bank chiefs believe the U.S. is headed for recession in the next 12 months, the accounting giant found in its annual CEO outlook. Nearly half see layoffs in the next six months.

By Gabrielle Saulsbery • Oct. 14, 2022

Squarespace poaches new CFO from Amazon

Nathan Gooden is the latest is a string of Amazon finance leaders who have left the retail giant to move on to other comparatively smaller companies.

By Elizabeth Flood • Oct. 13, 2022