Treasury: Page 34
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CFOs see need to overhaul capital strategy amid pandemic 'shock,' EY says
The pandemic has given CFOs a "once-in-a-generation shock," forcing them to completely rethink their capital allocation strategy, an EY survey found.
By Jim Tyson • March 11, 2021 -
Credit risk eases after regulator clarifies sunset of LIBOR, Moody's says
Regulatory clarity on the phase-out of LIBOR has reduced the credit risk tied to billions of dollars in financial contracts, Moody's Investors Service said.
By Jim Tyson • March 9, 2021 -
Deep Dive
CFOs facing an unprecedented range of risks find an edge in analytics
CFOs are adapting to an unusually hazardous business landscape by forecasting with advanced data analytics.
By Jim Tyson • March 8, 2021 -
US tax executives seeing more taxation disputes, survey finds
The economic fallout from the pandemic has prompted U.S. companies to alter their tax strategies and has increased disputes over taxation, according to a BDO survey.
By Jim Tyson • March 2, 2021 -
CFOs optimistic about revenue growth, plan big investments, survey finds
Most CFOs in the U.S. and U.K. plan “significant financial investments” while seeing bright prospects for growth in revenue and the economy, according to a Proxima survey.
By Jim Tyson • Feb. 28, 2021 -
Cloud ERP takes top spot on CFO priority list for IT spending, survey finds
CFOs prioritize cloud enterprise resource planning, while giving lower rankings to artificial intelligence and blockchain/Internet of Things, Gartner says.
By Jim Tyson • Feb. 25, 2021 -
Biden's corporate tax hike would reduce output, jobs, wages, study finds
Biden’s proposed increase in corporate tax would push up the U.S. federal-state combined tax rate to the highest level in the OECD, the Tax Foundation said.
By Jim Tyson • Feb. 24, 2021 -
"Uncharted-ERG_Mapbox-b020" by Mapbox is licensed under CC BY 2.0
CFO aligns incentives using profits interest ownership structure
Executives of affiliated companies can get equity bonuses without triggering a tax obligation.
By Robert Freedman • Feb. 23, 2021 -
Powell says Fed will press on with stimulus, noting inflation persists below 2%
Federal Reserve Chairman Jerome Powell told a Senate committee several factors beyond policy accommodation are increasing asset prices.
By Jim Tyson • Feb. 23, 2021 -
Small businesses 'muscled out' of aid to receive exclusive access to PPP loans
President Biden is targeting Paycheck Protection Program loans to businesses with fewer than 20 workers that he says received too little from the coronavirus rescue program in 2020.
By Jim Tyson • Feb. 22, 2021 -
Whole Foods/CFO Dive, data from https://media.wholefoodsmarket.com/image-library/category/prepared-foods
Report: Hardest-hit businesses received less than 10% of PPP loans
Companies in food services and similar businesses slammed by COVID-19 received a comparatively small portion of PPP loans in 2020, according to a Tax Policy Center analysis.
By Jim Tyson • Feb. 21, 2021 -
Moriah Solomon. (2021). [Photograph]. Retrieved from Unsplash.
Prior business relationships influence PPP coronavirus lending, study finds
Banks used the PPP last year to strengthen relations with “large connected firms,” a joint study by Washington University in St. Louis, Boston College and the University of Geneva found.
By Jim Tyson • Feb. 17, 2021 -
Survey: Most financial executives not planning to use bitcoin as corporate asset
Volatility discourages most financial executives from ever adopting bitcoin even though it is gaining some acceptance in finance, according to a Gartner survey.
By Jim Tyson • Feb. 17, 2021 -
CBO: US federal debt to surge this decade, fueled by rising deficits
Annual federal deficits will rise to 5.7% of GDP by 2031, increasing U.S. debt to a record 107% of GDP that year, according to CBO projections.
By Jim Tyson • Feb. 16, 2021 -
Survey: CFOs plan to shore up reserves against pandemic, other risks
CFOs are reacting to the pandemic-induced downturn by reshaping risk strategies and cushioning against future shocks, a Euler Hermes survey finds.
By Jim Tyson • Feb. 9, 2021 -
CFOs turn to shelf registrations to position companies for capital raises
Filings can have a short-term negative impact. But when the timing is right, they help companies move quickly with stock and other offerings.
By Robert Freedman • Feb. 7, 2021 -
"Michigan Capitol" by Michael Erwine is licensed under CC BY 2.0
Study: States cut corporate taxes despite pandemic-induced shortfalls
A plunge in tax revenue caused by the downturn in 2020 did not discourage several states from trimming corporate income taxes.
By Jim Tyson • Feb. 4, 2021 -
Study: Companies pivoted during Q3, boosting production even as pandemic spread
After the initial blow from the coronavirus, companies reallocated resources and revived production during the third quarter of 2020.
By Jim Tyson • Feb. 3, 2021 -
Study: Digital finance helped CFOs obtain pandemic aid
Government multiplied the impact of PPP and other aid thanks to the robust digital infrastructure in place, a McKinsey study found.
By Jim Tyson • Feb. 1, 2021 -
Companies that divested assets achieved high EBITDA growth: study
Especially for those facing earnings pressure, companies that divested during a downturn were able to boost cash flow, PwC says.
By Jim Tyson • Feb. 1, 2021 -
Deep Dive
5 CFO tips for tapping today's abundant capital
Record monetary and fiscal stimulus is flooding markets with liquidity, giving CFOs an unusual opportunity to improve capital structure.
By Jim Tyson • Jan. 29, 2021 -
Survey: US companies retrenched less during pandemic than firms in China, India
The coronavirus has compelled fewer staff and pay cuts among U.S. companies than among firms in China, India and the Middle East, according to a survey from the Institute of Management Accountants.
By Jim Tyson • Jan. 28, 2021 -
SBA approves over $5B in loans during first week of PPP re-opening
Amid mounting costs from the pandemic, the SBA begins a new round of Paycheck Protection Program lending approved by Congress in December.
By Jim Tyson • Jan. 25, 2021 -
IRS postpones date for companies to repay deferred payroll taxes
Companies now must repay 2020 taxes delayed as part of pandemic-related relief by Dec. 31, rather than April 30.
By Jim Tyson • Jan. 21, 2021 -
Yellen: Small business, COVID-19 aid more important than deficits right now
The Biden Administration wants to amend rather than repeal the 2017 tax law by eliminating some benefits to large companies and the highest-income taxpayers, the Treasury nominee said during her confirmation hearing.
By Jim Tyson • Jan. 20, 2021