Financial News and Analysis | CFO Dive
Flagstar makes 2nd CFO change this year Lee Smith, the bank’s president of mortgage, will take over as chief financial officer Dec. 27, as Craig Gifford pursues “personal endeavors outside of banking,” Flagstar said.
KPMG backs 120-credit hour alternative CPA licensure option
Oct 9, 2024 · Dive Insight: KPMG’s full-throated support for alternative paths to CPA licensure comes roughly a month after t he American Institute of CPAs shifted to officially move ahead with adding more paths and flexibility to licensure in order to tackle the accounting talent shortage.. The accounting association had previously raised objections to cutting the hourly credit requirement, citing ...
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 ...
OpenAI’s $6.6B raise puts it at the tech’s vanguard. Will it be …
Oct 10, 2024 · The funding wheel keeps turning To be sure, the spotlight on GenAI has yet to dim significantly. Apart from the $6.6 billion OpenAI just pocketed, funding for AI startups reached $19 billion in the third quarter, representing 28% of all venture dollars, according to Crunchbase data.Meanwhile, the number of U.S. companies willing to invest $10 million or more in GenAI is set to double in 2025 ...
2025 financial conference roundup - CFO Dive
Oct 1, 2024 · As 2024 winds to a close, many finance chiefs are turning their attention to preparing for the new year. With CFOs looking to ensure they can start 2025 off on a strong note, connecting with other financial leaders, C-suite executives, and industry professionals is a must — especially as finance chiefs take more and more responsibility for driving finance digital transformation and their ...
UPenn, University of Texas produce most CFOs | CFO Dive
Sep 9, 2024 · Dive Brief: Private and public universities topped the rankings of undergraduate schools that lay claim to the most alumni who are sitting CFOs at Fortune 500 and S&P 500 companies this year, according to a broad-ranging summer report on C-suite trends by executive search firm Crist Kolder Associates.; The biggest cohort of alumni currently holding finance reins at companies this year hailed ...
Jack in the Box brings back ex-CFO for second stint
Nov 13, 2024 · Dive Brief: Former Jack in the Box CFO Lance Tucker will step in for a second round as the restaurant chain’s finance chief, effective Jan. 13, the company said Tuesday in a securities filing.; Tucker’s appointment comes after the company announced its CFO, Brian Scott, would be departing the role after just over a year in the seat, in order to return to healthcare solutions company AMN ...
Fed cuts main rate by half point, voices confidence inflation falling
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 ...
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.
Maximizing ROI on corporate travel: A CFO’s perspective
Nov 18, 2024 · Calculating ROI on business travel . Business travel plays a key role in an organization's revenue. Per an Oxford study, 28% of current business would be lost without in-person meetings.However, an ACTE survey revealed, only 13% of organizations actively measure trip success rate and trip ROI.. The challenge is how to measure this success rate.