Robuta

Even after the pandemic shock, most CFOs forgo effective scenario planning and more than half lack the ability to forecast revenue and earnings beyond six...

U.S. companies face intense pressure to embrace sustainability even as many Americans do not want ESG goals to guide the investment of their retirement money.

Austal USA executives allegedly manipulated accounting in order to improve earnings in building the Littoral Combat Ship, the SEC said.

Automation ranks as a high or moderate priority for about 65% of companies, both large and small, Duke University’s Fuqua School of Business found.

The cost-cutting move will last through most of H2 as the carrier struggles amid a market downturn.

Most business leaders are using unapproved tools regardless of compliance requirements, according to a Nitro report.

More CFOs describe tech spending as “excessive” than CIOs, one sign of friction between technology and finance leaders.

A steady increase in profits may falter at some companies this quarter in the face of shortages caused by the omicron variant of COVID-19.

The Federal Reserve may underestimate the impact of widespread labor shortages on inflation, central bankers say.

Fed officials in a meeting Wednesday will likely downgrade from three to two their median projection for the number of quarter-point cuts in the federal funds...

While the company will still have daytime flight operations, it "will not be as wedded to" that area after the deal expires.

Promoters of SPACs have upheld several "myths" to ensure steady income from a boom in the so-called blank-check companies, according to a...

In this transition year, employers should carefully document the methods they use to track tip payments, according to Tom O’Saben, director of tax content...

James Moloney will take over the division — which reviews IPO filings, among other tasks — after spending more than two decades as a corporate attorney.

The semiconductor manufacturer will rely on Sam Franklin’s deep understanding of its finance and operations teams as CFO, as it looks to stay competitive...

Armed with its new rules that expand on prior guidance, the regulator could be poised to double down on aggressive cybersecurity enforcement, experts say.

The SEC’s program for gathering tips on securities law violations has imposed $6.3 billion in sanctions since its creation.

Signs of economic weakness have emerged, with the murky outlook for U.S. tariff and other policies eroding sentiment among consumers and purchasing managers.

“This is a critical area that we’re challenged with,” Securities and Exchange Commission Chair Gary Gensler said, describing the agency’s sharper focus...

“The next industrial revolution has begun,” Nvidia CEO Jensen Huang said during an earnings call last week.

PayPal CFO Blake Jorgensen, who has been on a medical leave since September, left his role Tuesday.

When Oberg retires in March 2026, company veterans Jen Mason and Shawn Hill will take over as CFO and chief development officer, respectively.

The rising jobless rate bolsters the Dec. 10 Federal Reserve decision to firm up the labor market by trimming the main interest rate by a quarter point.

“If there’s a growing sense of uncertainty [among CFOs], we’re probably going to feel it a little bit first,” said Tom Shea, the finance software maker’s CEO.

The scope of audits grew as companies coped with pandemic disruptions and sought an edge through acquisitions, according to a study sponsored by the Center...

The funding will help with hiring additional staff and onboarding new clients, the company’s CEO told CFO Dive.

The chief financial officer transition is happening as Ball goes all in on its packaging focus.

In announcing the move, Campbell CEO Mark Clouse touted Carrie L. Anderson’s "strategic experience and financial discipline."

CEO Ron Vachris said on an earnings call Thursday that Costco locations adopting pre-scan technology have seen checkout speeds increased by up to 20%.

The share of consumers expecting a recession over the next 12 months fell in May, the Conference Board said.

The online real estate platform leadership says it is exploring how blockchain and tokenization may pave “new pathways to homeownership.”

The company, which owns the dating apps Tinder and Hinge, is moving away from the practice of allowing a “more or less unlimited budget” for piloting AI...

Gradual declines in consumer spending, hiring and inflation suggest that the Federal Reserve may achieve a “soft landing” for the economy.

The former finance chief breached his fiduciary duty and caused “enormous financial devastation,” according to the complaint.

The video gaming company has been the target of regulatory scrutiny since allegations of sex discrimination surfaced in 2018.

Amy Butte will depart the travel platform in January after helping to steer the business through its IPO in October.

As the Securities and Exchange Commission builds investor protections on sustainable investing, CFOs can look to the agency's approach to...

The U.S. accounting standard-setter shelved a proposal recasting how companies account for an estimated $3.6 trillion in goodwill on their balance sheets.

CFOs face growing difficulty in curbing risk as geopolitical tensions rise and hostile governments harm global companies with headquarters in rival nations.

The transition comes on the heels of recent financial challenges at the Norwalk, Connecticut-based tech company.

A speech by Federal Reserve Chair Jerome Powell prompted futures traders to increase the odds that policymakers will trim borrowing costs on Sept. 17.

The Supreme Court decision could have major ramifications for federal agencies that rely on old laws to tackle digital-era policy challenges, legal...

Securities and Exchange Commission guidance on SPAC disclosures has spurred a rise in litigation in New York State courts — almost 40 in the past six months.

While 2023 saw SAG-AFTRA and other big labor actions, CFOs still hold some strong cards as inflation and automation raise workers’ job security concerns.

Brad Delco, SVP of finance, will assume the role of chief financial officer on Monday.

The proportion of small businesses reporting that they are hiring slumped 4 percentage points in August compared with July, the National Federation of...

The forecast that price pressures will fall aligns with a 13% decline this month in sentiment among consumers, who fuel roughly 70% of economic growth.

The Australian government says Deloitte Australia agreed to refund part of a $290,000 payment for a report that contained AI-generated errors.

“AI is rapidly transforming the future of finance, laying the groundwork for a world where routine processes run autonomously,” writes SAP’s Lawrence...

“Zoom is now about so much more than video meetings,” CEO Eric Yuan said.

Like CEOs, economists at large companies have grown more optimistic and foresee stepped up spending on business fixed investment this year, Wolters Kluwer said.

Technology-related efforts currently led by CFO John Murphy will transition to Sedef Salingan Sahin, the company’s first-ever chief digital officer.

Several Federal Reserve district bank presidents have voiced concern this month about persistent inflation and cautioned against more reductions in borrowing...

Investors fearing a recession have pulled back from risk since a report on Friday that unemployment last month rose to 4.3%.

The move potentially signals that big tech won’t get a free pass from U.S. antitrust regulators in President Trump’s second term.

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

Republican lawmakers on Tuesday may chime in with criticism if Fed Chair Jerome Powell affirms a “wait-and-see” monetary policy approach in testimony to a...

More than one out of three top executives believe the economic outlook will brighten during the next six months, according to a Conference Board and Business...

Financial executives expect solid business performance in 2024, forecasting on average 5% revenue growth and a 2.7% expansion in payrolls.

Price pressure has surged into the top ranks of CFO concerns, drawing more attention than anytime in nearly nearly 40 years, surveys show.

Grant Thornton found that many companies have taken steps to comply with the new rules, “but some still have work to do.”

Measures of the consumer outlook for both personal finances and buying conditions for durable goods plunged more than 10%, the University of Michigan found in...

The transition to a new CFO comes at a time when the digital payments company might be gearing up to go public.

Companies are repurchasing shares at a fast pace before the federal government next year levies a 1% excise tax on such transactions.

Household spending, the labor market and the broader economy have shown signs of unexpected strength in recent weeks.

Kristine Martin Anderson, Booz Allen’s chief operating officer, will serve as the company’s interim CFO until a permanent replacement is found.

The Israeli finance tech startup decided to expedite the rollout of its new treasury management tool after the collapse of Silicon Valley Bank.

Beyond Meat controller Yi Luo will leave the company on Dec. 23, approximately a month after it identified a material weakness relating to accounting practices...

Feb 11, 2025 - The gain in the Federal Reserve’s preferred inflation measure will probably average nearly 2.7% during the four quarters starting in April, according to...

Recent data have likely done little to ease consumer worries, with the unemployment rate rising last month to 4.6%, the highest level in four years.

Economists at companies ranging from Goldman Sachs to Ford Motor and KPMG to Wells Fargo now see only a 27% probability of recession in the next 12 months.

“The focus is shifting from simply getting things done faster to being able to see what’s coming next,” writes the CEO of payments software firm...

U.S. businesses will likely face $131.8 billion in monetized time and compliance costs completing their taxes in fiscal 2026, according to the Treasury...

“Signs of stress emerged in 2023, and the market outlook is challenging” for commercial real estate, according to the Financial Stability Oversight Council.

Top Democrats on the Senate Finance Committee aim to increase taxes on U.S. companies abroad with legislation that business groups say would undermine U.S....

Zoom's equity raise exceeded its initial target and provides additional flexibility on the balance sheet.

Marshall Witt previously served as SVP of finance and controller for the company.

The Fed needs to see more signs of easing price pressures before declaring an end to monetary tightening, central bank officials said.

The bank tapped Gonzalo Luchetti, its head of U.S. personal banking, to succeed Mason, who will become an executive vice chair and leave by the end of 2026 to...

“We’re moving to a world with massive amounts of data, massive complexity of data, and data that is continuously changing, and that’s where AI comes...

Stricter regulation will likely bolster investor confidence and spur a resurgence in SPACs, Duff & Phelps said.