Financial News and Analysis | CFO Dive
High-profile wins will likely embolden labor unions in 2025: Moody’s. Although only 6% of the private sector workforce is unionized, organized labor in recent years has won high-profile disputes and scored limited but clear gains. Strategy & Operations. CIO Dive CFO Dive Panel/CFO Dive.
Improper revenue recognition tops SEC fraud cases | CFO Dive
Published Aug. 20, 2020. Robert Freedman Lead Editor. Improper timing of revenue recognition is the most common type of accounting fraud the Securities and Exchange Commission (SEC) has taken action against under its whistleblower program, say lawyers who work with employees who’ve come forward. About 60% of the SEC’s actions taken against ...
Costco CFO targets lower prices amid ‘effectively flat’ inflation
Sep 27, 2024 · In general, Costco tends to price lower than competitors because it sells products in bulk quantities and controls costs, Rohr said in an email response to CFO Dive questions. For example, its selling, general and administrative expenses are about 9% of sales, whereas that ratio for such companies as Walmart and Target is about 20%.
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 ...
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.
Target CFO says GenAI tool is boosting worker efficiency
Aug 22, 2024 · Target has completed a full chain roll out of a new artificial intelligence tool designed to help store employees quickly resolve on-the-job challenges, CFO Michael Fiddelke said during a Wednesday earnings call. The technology, which has been integrated into handheld devices in Target stores, has been leveraged more than 50,000 times by team ...
Opinion - CFO Dive
Oct 11, 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.
Whitepapers, webinars, and videos | CFO Dive
Mastering Software Consolidation: CFO Strategies for Data-Driven Negotiations. Custom content for Tropic. Whitepapers, webinars, videos, PDF downloads and other resources about the finance industry.
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.
Workday takes on Microsoft in race to transform corporate finance
Oct 1, 2024 · Dive Brief: Enterprise software company Workday is rolling out a new virtual assistant for finance and human resource workflows as it seeks to offer users a “reimagined artificial intelligence-powered experience,” according to a recent announcement. The new tool, known as Workday Assistant, is part of the company’s broader “Illuminate ...