Financial News and Analysis | CFO Dive
As the U.S. presidential election looms, cybersecurity remains a bipartisan focus, experts said during a joint CFO Dive and CIO Dive live event. Spend management technology is about attracting talented staff, reducing compliance problems and scaling back-office operations in a way that creates value.
Auditors say accountant shortage ramps up work pressure: CAQ
Dec 6, 2023 · A shortage of accountants has intensified pressure and ramped up workloads for accounting teams at U.S. companies while hindering recruitment and retention, according to 78% of audit partners surveyed by the Center for Audit Quality. In an effort to overcome a talent shortage, about one in three companies are increasing compensation and ...
Financial Leadership News - CFO Dive
Nov 5, 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. The latest financial leadership news for CFOs.
Deep Dive | CFO Dive
Jul 26, 2024 · Seeking ‘Goldilocks’: 5 CFO trends for 2024. Financial executives in the new year must protect profits by adapting to trends ranging from falling price pressures and borrowing costs to federal disclosures on carbon emissions. Jim Tyson • Jan. 9, 2024.
Opinion - CFO Dive
Oct 8, 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. Seton Marshall • Oct. 11, 2024.
EY split hits wall - CFO Dive
Apr 12, 2023 · The deal, which cost EY more than $100 million, has come apart after pushback from U.S. audit leaders who said the consulting business was getting most of the company’s tax business, according to a Wall Street Journal report. Process efficiency is just the beginning of what CFOs are realizing finance automation can bring to their organization.
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.
Super Micro delays 10-K filing to assess internal controls
Aug 28, 2024 · AI server maker Super Micro Computer’s shares plunged 19% Wednesday after the company announced it expects to delay its 10-K filing for the fiscal year 2024 ended June 30, according to a release. It plans to file a notification of late filing on Aug. 30. “SMCI is unable to file its annual report within the prescribed time period without ...
Longtime Zoom Video CFO to step down
Aug 22, 2024 · Dive Insight: The San Jose, Calif.-based company tapped the CFO’s financial chops during its 2019 IPO, where Steckelberg organized its operations to better support sales and focused on cash flow and profitability, Steckelberg told CFO Dive in a 2019 interview.. Zoom’s stock price swiftly rose in the days following its IPO, with the company reaching a market cap of nearly $17.7 billion in ...
Salesforce CFO to exit post after successor is picked
Aug 29, 2024 · Salesforce CFO Amy Weaver is planning to step down after less than four years in the role, the software-as-a-service company said Wednesday. Weaver will stay on as finance chief until a successor is appointed and then become an adviser to the company, Salesforce said in a press release announcing its second quarter fiscal 2025 earnings results.