Financial News and Analysis | CFO Dive
3 CFO steps for finding opportunity in geopolitical instability: McKinsey The financial and political order built after World War II faces mounting challenges to the flow of goods, capital and services and outright conflicts in the Middle East and Ukraine.
Most CEOs expect full return-to-office in 3 years: KPMG
Sep 20, 2024 · Dive Brief: A majority (83%) of CEOs surveyed globally predict that companies will shift to require a “full” return of employees to in-office work in the next three years, an increase from 64% the prior year, KPMG said, reporting on the findings of a survey of 1,300 chief executives conducted in July and August.; The report also revealed a generational divide in the executives’ sentiment ...
AICPA, NASBA draft new CPA rules for states to model
Oct 3, 2024 · Dive Brief: The American Institute of CPAs and the National Association of State Boards of Accountancy jointly took another step to open a pathway allowing accountants to obtain a CPA license with less schooling than is now required. The groups released model language that state accountancy boards and lawmakers can adopt that would put the proposed new licensure rules into effect.
SEC charges leaders of failed online pharmacy in $170M …
Sep 13, 2024 · Dive Brief: T he Securities and Exchange Commission charged three former top executives at a failed pharmacy startup with overstating revenue and defrauding investors by more than $170 million.; The former CEO and former CFO of Medly Health Inc. allegedly provided financial information to existing and prospective investors that distorted the company’s financial health, partly by citing ...
Microsoft names former GE CFO to long-vacant COO role
Sep 13, 2024 · Dive Brief: Microsoft appointed former General Electric CFO Carolina Dybeck Happe to serve as its EVP and Chief Operating Officer, the technology company announced Thursday in a blog post, filling a position which has reportedly stood vacant for the past eight years. Happe has started in the role, Microsoft confirmed to CFO Dive via email.
Next-gen CFOs: Forging a new path - CFO Dive
Nov 16, 2023 · The number of CFOs who hold CPA certifications has shrunk over the past decade. Less than half (43%) of CFOs in the S&P 2000 had CPA designations in 2022 compared to the 55% of finance chiefs who reported having them in 2012, according to a recent study by leadership advisory firm Russell Reynolds Associates.
Target CFO says GenAI tool is boosting worker efficiency
Aug 22, 2024 · Dive Insight: Target’s generative AI initiative is part of the retail giant’s broader effort to use the technology across its business to empower its workers, enhance the guest experience and support the company's long-term growth, according to a June press release. During Wednesday’s call, Fiddelke said Target store leaders are now expecting the new tool to be “particularly helpful as ...
Costco CFO targets lower prices amid ‘effectively flat’ inflation
Sep 27, 2024 · Dive Brief: Costco Wholesale CFO Gary Millerchip said Thursday that the company’s “goal is always to be the first to lower prices” where it sees opportunity to do so, noting on the retailer’s fiscal fourth quarter earnings call that it dropped its prices on several of its store brand items during the 16-week period ended Sept. 1.
Opinion - CFO Dive
Oct 11, 2024 · Healthcare’s paper check disease “The persistence of paper checks for patient refunds is not just an inconvenience — it's a symptom of a larger problem that threatens the very sustainability of healthcare organizations,” one software firm CFO writes in this opinion piece.
Fed cuts main rate by half point, voices confidence inflation …
Sep 18, 2024 · Dive Brief: The Federal Reserve on Wednesday cut the main interest rate by a half percentage point to a range between 4.75% and 5%, citing progress in slowing inflation toward the central bank’s 2% goal from more than 9% two years ago. “This decision reflects our growing confidence that with an appropriate recalibration of our policy stance, strength in the labor market can be maintained ...