CFO Dive
@CFODive
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We provide business journalism and in-depth insight into the most impactful news and trends shaping finance leadership. Sign up: https://t.co/OIGSqIUldB
Washington, DC
Joined May 2019
Job gains slowing, unemployment likely to rise to 4.5% next year: NABE #jobs
https://t.co/Gu9FrueQKQ via @CFODive
cfodive.com
While forecasting a mix of rising unemployment with above-target but steady inflation, most NABE forecasters predicted that the Federal Reserve will trim borrowing costs next month.
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NY Governor Hochul signs CPA licensing bill https://t.co/vebtxh8MmO via @CFODive
cfodive.com
With New York, at least 24 states have eased education requirements needed to become a certified public accountant in a bid to address a talent shortage.
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FASB takes up new crypto transfers project #accounting #crypto @FAFNorwalk @ForvisMazarsGrp
https://t.co/c00qCZAWXj via @CFODive
cfodive.com
The U.S. accounting standards setter voted to tackle new standards for transfers of crypto assets including wrapped tokens, the third crypto project to hit its technical agenda.
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CFOs are reaching for downside budget protections, @McKinsey exec says #budgeting #inflation
https://t.co/iUE6NL2gJM via @CFODive
cfodive.com
A conservative sentiment is shaping this year’s budget season, with many companies taking extra care setting spending priorities and realistic goals, McKinsey’s Kevin Carmody says.
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.@SECGov faces IPO backlog, packed regulatory agenda after shutdown #IPOs #regulation #govshutdown
https://t.co/DteFMvYIku via @CFODive
cfodive.com
The SEC’s Division of Corporation Finance, which reviews IPOs and other securities offerings, said it’s “working expeditiously” to clear a backlog of filings.
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Most prices in CPI inflation data rising faster than 3%: Apollo’s Sløk @federalreserve #inflation #interestrates #labormarket
https://t.co/eh03h1Xhza via @CFODive
cfodive.com
Several Federal Reserve district bank presidents have voiced concern this month about persistent inflation and cautioned against more reductions in borrowing costs.
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Ex-Fabric CFO convicted of wire fraud in $35M crypto scheme #cryptocurrency #wirefraud
https://t.co/DN0N0tTqOy via @CFODive
cfodive.com
The ex-finance chief was convicted on four counts of wire fraud after the 2022 crypto winter wiped out a $35 million investment of company funds, according to court documents.
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NJ’s once-stalled CPA licensing bill advances after ‘surprise’ vote #cpas #accounting #legislation
https://t.co/IkqqE9B7DG via @CFODive
cfodive.com
If the legislation becomes law, New Jersey is currently on pace to be the 24th state to change the education requirements needed to be a certified public accountant.
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CME Group CFO looks to partnerships for long-term growth https://t.co/3QlASfEVAJ via @CFODive @CMEGroup #CFO
cfodive.com
In seeking partners, the company looks for “complementary” skillsets, CME Group CFO Lynne Fitzpatrick said.
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Cracking AI value requires CFO-CIO middle ground: @bloomfire #digitaltransformation #leadership #AI
https://t.co/GVLfmnYNS8 via @CFODive
cfodive.com
Tech and finance leaders need to ensure they’re guarding against each other’s blind spots to successfully implement AI, Bloomfire’s Brian Zander advises.
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3 in 10 firms plan to replace workers with AI next year: survey #labormarket #AI
https://t.co/hJNItt6L9y via @CFODive
cfodive.com
The industries most likely to see AI-related layoffs include IT, financial services and accounting, the study found.
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Opinion: Steering supply chains through tariff turbulence: The AI edge #artificialintelligence #supplychains #Tariffs
https://t.co/KdAlqSUJJo via @CFODive
cfodive.com
The new normal calls for comprehensive risk preparedness, with AI playing a central role, writes business transformation leader Krishnan Raghunathan.
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Is the rise of female CFOs pausing—or stalling out? #leadership #genderparity #DEI
https://t.co/Ro3w4YZum2 via @CFODive
cfodive.com
Women accounted for 17.5% of CFOs at Fortune 500 and S&P 500 companies at the end of June, roughly flat YoY, according to Crist Kolder Associates.
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Consumer sentiment slumps to 3-year low on shutdown, economy fears @UMich #inflation #unemployment #labormarket
https://t.co/wt9c12ZAJH via @CFODive
cfodive.com
The decline in consumer sentiment this month spanned all population categories, including age, income and political affiliation, the University of Michigan found in a survey.
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.@DentsplySirona CFO departs after six-month tenure #leadership #accounting #EarningsReport
https://t.co/IQ8er4zyPD via @CFODive
cfodive.com
Heidrick & Struggles will lead a search for a new CFO as the company seeks to execute on a “return to growth” plan aimed at freeing up capital and improving performance.
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CFOs need to seize on AI’s ‘exponential growth’: Protiviti’s Stummer #AI @Protiviti
https://t.co/1kpqcsmv0F via @CFODive
cfodive.com
“One of the things that’s very, very difficult is that CFOs have transformation fatigue,” Protiviti Managing Director Dan Stummer said.
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Robinhood shares slump after CFO shakeup, earnings @RobinhoodApp #earnings #CFO
https://t.co/uBHAyMsRe5 via @CFODive
cfodive.com
The online brokerage firm named long-time company veteran Shiv Verma to replace Jason Warnick when he steps down from the CFO role in Q1.
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Cost-cutting, AI drive October layoff surge: Challenger #layoffs @ChallengerGray
https://t.co/8YduIXdEUU via @CFODive
cfodive.com
U.S. employers announced a total of 1.1 million job cuts from January through October, the highest level year-to-date since 2020, according to the analysis.
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