The Latest
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6 Takeaways from the CFO Leadership Council’s Spring Conference
“It was all about being a better leader, being a better strategist, partnering with the CEO and these are things we need to keep reinforcing.”
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Q&A
An investor’s mindset with operations know-how: Appfire’s Alex Triplett
“I see a career as a set of accumulated experiences, so when I left investing for a corporate role, I wanted to build this awesome set of experiences.”
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Epoch Times CFO charged in $67M fraud scheme; Moody’s Mark Zandi on US rate cuts: Trial Balance
This morning, Moody’s chief economist Mark Zandi commented on the health of the U.S. economy and what the Fed might be waiting for to cut interest rates.
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Q&A
Portillo’s CFO Michelle Hook shares secret sauce for restaurant growth
“I have to be passionate about the brand, and I have to fit the culture. If those two don't exist, I'm not going to join.”
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Chemours names Shane Hostetter as new CFO following executives’ code of ethics violations
Hostetter takes over as finance chief as the company looks to move on from code of ethics violations by its CEO, CFO and principal accounting officer stemming from Q4 of last year.
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CFOs On the Move: Week ending June 7
New CFOs at Hertz, Aon, Alphabet, Liquid Death, Flutter Entertainment and more.
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The 6 a.m. CFO: How AvePoint’s Jim Caci starts his day
“My ability to be in the trenches with our team when there’s hard work to be done is what sets me apart and has led to successful teams.”
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Days sales outstanding: A critical lever for managing cash flow — Metric of the Month
Get cash more quickly by reducing the time between invoice processing and customer payment.
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6 Questions for the CFO Leadership Council’s Spring Conference
This week’s event will involve discussions around talent issues, AI and CFO collaboration.
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Detroit Riverfront Conservancy CFO fired over $40M missing from nonprofit
Despite the conservancy’s record revenue in 2022, mainly derived from grant money and donations, an apparent cash shortfall triggered an independent forensic audit, which was later handed off to the FBI.
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Q&A
Liquid Death’s new CFO Karim Sadik-Khan creates killer financial strategy
“None of the other brands in our industry are doing what Liquid Death is doing right now. We’re giving away a jet — for real.”
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Top people risk for 2024: health costs
“Risk management now requires a wider ecosystem view that identifies and addresses issues ... and takes account of the wider communities in which a business operates.”
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52% of CFOs say employee turnover remains a top problem: Trial Balance
According to a new CFO poll, most finance chiefs are still battling employee turnover.
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Q&A
Travel and expense unicorn Navan names Amy Butte as new CFO: ‘Let’s go’
Butte shares what brought her back to the operations side of the industry following years in an advisory role, what she has learned about IPO readiness and what excites her most about the opportunity.
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CFO Peer Audit: What would you do with 4 extra work hours?
CFOs from OnlyFans, Multiplan, Universal Technical Institute and more chime in.
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CFO Leadership Council’s 2024 Spring Conference reading preview
A collection of stories that relate to the topics of discussion at the upcoming CFOLC Spring event in Boston.
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Q&A
Accounting can learn from skilled trades workforce: Universal Technical Institute’s CFO Troy Anderson
“I strongly believe it’s incumbent upon employers and leadership to continue looking at ways to motivate people to enter their respective fields and create an environment where people want to be there and be successful.”
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Peacocking, newskilling and digital detox: 9 new workplace trends CFOs must know
Don’t be surprised if you're told a story about a leader being handed a doctor’s note saying their patient, and your employee, must digitally unplug for the sake of their health.
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PwC partners with OpenAI, rolls out ChatGPT Enterprise
The Big Four audit and advisory firm places its bets on employee implementation and reselling of the technology, but questions remain as to finance teams’ willingness to adopt the emerging technology.
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64% of business leaders have concerns with hiring recent college grads: report
Twenty-two percent of business leaders are less likely to hire recent college graduates who participated in pro-Palestine protests, found new data.
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40% of executives say AI not ready to achieve accurate outcomes: report
Only 12% of responding executives said they have deployed AI company-wide.
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Opinion
How CFOs can become strategic changemakers
The changemaker CFO focuses on profit, people and sustainable practices.
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34% of KPMG tax, audit and advisory interns plan to stay 5 years at first job: report
Ninety percent of KMPG’s Gen Z interns said the biggest misconception about their generation is that they are lazy and have no desire to work hard.
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CFOs On the Move: Week ending May 24
New CFOs at Anthropic, VF Corporation, Jabil, CEC Entertainment and Ralph Lauren.