Alphabet CFO looks to ‘push a little further’ on efficiencies, cost

Anat Ashkenazi is prioritizing cost reductions, even as the company expects to invest $13 billion next quarter in GenAI and other growth areas.

By Grace Noto • Oct. 30, 2024

When it comes to AI, CFOs must get their ‘hands dirty’: EY

CFOs that want a successful AI strategy need to be sure they’re “skating to the puck,” EY’s Deidre Ryan said.

By Grace Noto • Oct. 30, 2024

Explore the Trendline➔

Digital transformation, one smart step at a time

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

By CFO Dive staff

FASB publishes narrow software accounting revamp proposal

In June the FASB voted 7-0 for the more targeted update, even as some expressed concerns about not going far enough to modernize GAAP rules.

By Maura Webber Sadovi • Oct. 29, 2024

Tech leaders brace for high-stakes election

It’s unclear whether a Trump or Harris presidency would bring regulatory relief to big tech, which has faced growing antitrust scrutiny in Washington.

By Alexei Alexis • Oct. 29, 2024

KPMG pilots AI agents

The Big Four accounting and consulting firm is interested in becoming a leader in the emerging AI agent space.

By Alexei Alexis • Oct. 29, 2024

Gen AI for Gen Z… and Gen Y… and why not Gen X too? 4 ways to make AI work for the whole company

Explore why AI is such a game-changing innovation, how workers view AI today, and four ways you can accelerate AI adoption across your organization.

By Grant Halloran, Planful CEO • Oct. 28, 2024

Deel’s global compensation best practices for finance leaders

How do growing organizations compensate talent located across countries and continents fairly and consistently? The answer: a global compensation strategy.

Oct. 28, 2024

Tesla earnings rise on energy storage surge

The EV maker remains focused on offering “extremely compelling” vehicle financing as demand in the overall industry continues to wane, Tesla CFO Vaibhav Taneja said.

By Grace Noto • Oct. 25, 2024

Honeywell sales fall short amid warehouse automation weakness

“We navigated through a challenging operational environment in the third quarter,” CFO Greg Lewis said.

By Alexei Alexis • Oct. 24, 2024

Only 4% of companies reap full value from AI: BCG

The share of companies worldwide that are at least experimenting with AI has surged this year to 98% from 47% last year, BCG found in a survey.

By Jim Tyson • Oct. 24, 2024

CFOs eye ROI ‘push pull’ for AI, growth balance: Heidrick & Struggles

To truly gauge the ROI of their GenAI investments, CFOs need to consider their strategic as well as their financial impact, Heidrick & Struggles’ Sachi Vora advised.

By Grace Noto • Oct. 24, 2024

IRS CFO says robotic automation saved 30,000 labor hours

Partnering with software firm UiPath, the agency has tapped software robots to complete previously manual tasks, IRS CFO Teresa Hunter said Tuesday.

By Suman Bhattacharyya • Oct. 23, 2024

CFO competence ranked as a top factor in investor decisions

Investors are willing to increase their initial investment in an organization by an average of 2.6% when the CFO is the key strategic growth driver, OneStream found.

By Alexei Alexis • Oct. 23, 2024

CFOs key to effective AI change management: ShareFile

Isolating the technology’s “tangible value” is key to executing a successful, cost-effective AI strategy, ShareFile’s David Le Strat said.

By Grace Noto • Oct. 22, 2024

Microsoft ups finance automation game with ‘AI agents’

The move comes as the AI innovation race among enterprise software providers is heating up.

By Alexei Alexis • Oct. 22, 2024

Only 15% of companies have ROI metrics for GenAI: KPMG

The finding comes as many enterprises are deploying the technology on a larger scale.

By Alexei Alexis • Oct. 22, 2024

EY, PwC voice cautious support for 120-credit hour CPA licensure

The Big Four accounting firms are now all signalling varied degrees of support for a CPA licensure option that would require 30 fewer college credit hours.

By Maura Webber Sadovi • Oct. 18, 2024

AICPA joins backlash against TurboTax ad campaign

The group said Intuit’s decision to halt the ad, which also drew pushback from the National Association of Tax Professionals, is a “positive step.”

By Alexei Alexis • Oct. 17, 2024

Election 2024: Where Harris, Trump stand on AI regulation

Analysts expect Kamala Harris to largely continue the current approach to AI oversight, while Donald Trump’s promise to repeal a Biden executive order signals a major shift.

By Lindsey Wilkinson • Oct. 17, 2024

M&A dealmakers seize on AI as strategic ‘cornerstone’: Dykema

AI has spurred M&A volume in 2024, Dykema said, noting 55 transactions targeting AI start-ups during the first quarter compared with 38 during the final quarter of last year.

By Jim Tyson • Oct. 16, 2024

Most accountants see ethical challenges increasing: ACCA

Two-out-of-five accountants said they most frequently face ethical challenges at work because of weaknesses in company leadership and culture, the ACCA said.

By Jim Tyson • Oct. 15, 2024

How hasty digital transformations can backfire

The stakes are high as companies race to adopt cutting-edge technologies like artificial intelligence and look to avoid falling behind competitors.

By Alexei Alexis • Oct. 15, 2024

A CFO roadmap for successful and safe AI implementation

Teams must ensure that proper data governance and management policies are in place before even considering AI adoption, writes AvePoint’s Jim Caci.

By Jim Caci • Oct. 15, 2024

AT&T, Broadcom move toward settling legal feud

The two parties told the New York Supreme Court Friday they were making progress in resolution discussions over VMware support services.

By Matt Ashare • Oct. 14, 2024

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Oct. 14, 2024