CFOs cast wider nets for currency hedges

Companies have traditionally relied on such hedging instruments as forward currency contracts, options and swaps. Now many are looking beyond the tried and true.

By Ramona Dzinskowski • Dec. 20, 2022

Fed may cut rates in mid-2023: Fannie Mae

The U.S. economy will likely enter a mild recession during the first quarter after a slump in manufacturing and consumer spending, according to Fannie Mae economists.

By Jim Tyson • Dec. 19, 2022

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CFO 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

Recession could introduce ‘big unknown’ to CFOs’ tax outlook

So long as the U.S. economy averts a deep recession, KPMG’s Greg Engel says financial executives can likely expect a steadier tax climate and no major new tax laws to 2023.

By Maura Webber Sadovi • Dec. 19, 2022

Goodyear promotes VP to CFO among leadership changes

Christina Zamarro, a 15-year veteran of Goodyear, takes the financial helm in 2023.

By Elizabeth Flood • Dec. 19, 2022

ESG: 9 actions CFOs and finance leaders can take today

In 75% of organizations, the finance team has taken on ESG risks and issues. CFOs should take a prominent role in tracking, reporting and improving performance against their company’s ESG goals.

Dec. 19, 2022

PwC tackles blockchain’s carbon footprint

A standardized method to evaluate the carbon footprint of blockchain initiatives could help CFOs meet sustainability targets.

By Suman Bhattacharyya • Dec. 16, 2022

Executive pay linked more to ESG progress: WTW

Investor pressure has prompted many large U.S. companies this year to begin rewarding executives for meeting sustainability targets.

By Jim Tyson • Dec. 16, 2022

‘Bleisure’ travel pays off in ROI

Combining business and leisure travel may lead to employee retention, according to Hilton executives.

By Elizabeth Flood • Dec. 16, 2022

New CFO shares first-timer tactics

Jeremy Klaperman advises new CFOs to establish a wide range of connections and to seek potential over knowledge when hiring talent.

By Elizabeth Flood • Dec. 15, 2022

PCAOB gains breakthrough access to Chinese audit firms

The PCAOB’s push for more transparency in China-based companies will enable CFOs and auditors who heavily rely on Chinese firms to better understand their partners’ operations.   

By Maura Webber Sadovi • Dec. 15, 2022

FASB forges ahead on crypto disclosure requirements

The board was effectively silent on the collapse of crypto exchange FTX last month but it forged ahead on its ongoing project to set new standards for digital assets.

By Maura Webber Sadovi • Dec. 14, 2022

Fed raises main rate by half point, signals higher level in 2023

Fed Chair Jerome Powell said that recent progress in reducing inflation is not enough to forestall increases in borrowing costs in 2023.

By Jim Tyson • Dec. 14, 2022

Trump case spells benefits’ tax perils

Underreporting “fringe benefits” has long been on the IRS’ radar but there appears to be a shift toward holding companies more accountable for tax reporting.

By Maura Webber Sadovi • Dec. 14, 2022

New York Times CFO to retire in 2023

The New York-based national news company says farewell to Roland Caputo as he plans to retire after 36 years.

By Elizabeth Flood • Dec. 14, 2022

Inflation slows, validating Fed plans for half point rate hike

Fresh data show that the Fed is making progress in its fight against inflation and may pause its policy tightening early next year.

By Jim Tyson • Dec. 13, 2022

Macerich CFO says mall foot traffic portends good year

Consumers are still heading back to shopping malls this holiday season despite inflation woes, according to Macerich CFO and treasurer Scott Kingsmore.

By Elizabeth Flood • Dec. 13, 2022

Tyson Foods backs CFO after reviewing arrest

The meat processing giant’s pick of John R. Tyson — the great grandson of the company’s founder — has drawn skepticism from some board governance experts.

By Elizabeth Flood • Dec. 9, 2022

Krispy Kreme taps Mars alum as CFO

The new finance chief is taking the helm as the the Charlotte, N.C.-based doughtnut maker is expanding abroad. It has announced a joint venture to enter France in 2023.

By Maura Webber Sadovi • Dec. 9, 2022

3 reforms for the post-FTX crypto era

FTX’s collapse underscores the highly-centralized crypto market’s risks and blockchain’s importance as a defense against bad actors, Metallicus' CFO argues.

By Irina Berkon • Dec. 9, 2022

PCAOB warns of uptick in auditing flaws

To avert flaws in reports, CFOs should keep auditors apprised of any big changes or new business risks and invest in internal controls.

By Maura Webber Sadovi • Dec. 8, 2022

Behind the snark, counsel for laid-off Twitter staff promises Musk a rough ride

A clause saying ex-employees aren’t third-party beneficiaries of the merger agreement won’t hold up if challenged in court, attorney Akiva Cohen says.

By Robert Freedman • Dec. 8, 2022

Merry and Bright: A look at 2022 holiday merchandising

’Tis the season to evoke cheer while attempting to drive up sales.

By Kaarin Moore • Dec. 8, 2022

CFO stressors: Job creep

While many finance chiefs are adjusting to their expanding duties, some CFOs feel they are doing an untenable share of the C-suite’s heavy lifting.

By Elizabeth Flood • Dec. 7, 2022

‘Down round’ hold outs are on the clock, SVB CFO says

In today’s uncertain financing environment many companies are curbing their “cash burn” in order to extend the time that their existing financing will last. 

By Maura Webber Sadovi • Dec. 7, 2022

CEOs trim hiring, capital investment plans: Business Roundtable

CEOs facing a gloomier economic outlook have pared back expansion plans but do not necessarily expect a recession in 2023.

By Jim Tyson • Dec. 6, 2022