Mobico CFO steps down following delayed financial results

The public transport company appointed an interim CFO after reporting a 36% drop in profit, impacted by inflationary pressures and labor shortages in key markets.  

CFOs forecast stronger economy amid stubborn inflation: ACCA, IMA survey

Top financial executives across North America ranked inflation as their top “risk priority,” ACCA and IMA found in a survey.

Jabil CFO steps up as CEO is placed on paid leave

The manufacturer’s CFO is stepping into the interim CEO seat after Jabil struggled with “revenue headwinds” amid an ongoing restructuring and cost realignment plan.

Controllers hunt for workarounds to ‘continuous’ reporting, accountant shortage

As leaders of their firms’ accounting operations, many controllers are outsourcing work and using AI to speed accounts payable and receivable tasks.

CEOs, CFOs can’t get non-prosecution agreement under DOJ pilot

Criteria released by the Department of Justice April 15 lets corporate executives know if they stand a good chance of avoiding charges for coming forward with misconduct allegations.

NSA sounds alarm on AI’s cybersecurity risks

Malicious actors on the hunt for sensitive data or intellectual property may be attracted to attack vectors unique to artificial intelligence, the NSA warned.

Google to restructure finance team ahead of AI push: Reports

The restructuring is the latest round of layoffs by Alphabet as the company looks to funnel more than $100 billion into AI projects.

Accounts receivable automator Versapay taps new CFO

Ed Neumann is joining the AR platform provider as it looks to grow by targeting companies seeking to digitize their older manual systems.

Orthofix replaces fired CLO, grapples with internal control ‘material weakness’

The new chief legal officer is joining the company as it faces a fresh set of headwinds related to its internal control over financial reports.