Risk Management: Page 14
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76% of companies link pay to ESG performance in rising trend: WTW
The biggest companies are weaving ESG into pay incentives despite a backlash against the use of sustainability as a metric for corporate performance.
By Jim Tyson • Jan. 24, 2024 -
6 essentials for CFOs aiming to rise to CEO: McKinsey
Corporate boards in the past decade have increasingly turned to CFOs to fill the CEO seat. McKinsey has highlighted the attributes boards seek in a chief executive.
By Jim Tyson • Jan. 23, 2024 -
Trendline
Compensation: solving the cost-talent puzzle
In today’s strong labor market, CFOs leery of raising wages find creative ways to find and retain key employees.
By CFO Dive staff -
Conservative approach called best way to meet independent contractor test
Some states take a tougher approach than DOL’s 6-part test taking effect in March. By meeting the state test, employers can better protect against challenges under the federal rule.
By Jessica Mach • Jan. 23, 2024 -
AI, fake CFOs drive soaring corporate payment-fraud attacks
Generative AI tools like ChatGPT are making it easier for scammers to create bogus texts and emails as well as deep-fake voices at scale.
By Alexei Alexis • Jan. 23, 2024 -
Recession odds fall below 50% amid rising sales, profits: NABE survey
The mix of slowing inflation and cooling demand has prompted many economists to abandon forecasts for a decline in gross domestic product in 2024.
By Jim Tyson • Jan. 22, 2024 -
‘Little evidence’ remote work harms productivity: San Francisco Fed
After surging during the worst of the pandemic, remote work has declined to 30% of paid workdays, according to research by the San Francisco Fed.
By Jim Tyson • Jan. 19, 2024 -
Audit committees in 2024 face rising tax, AI, regulatory challenges: EY
A barrage of business risks may intensify this year, and audit committees need to help C-suite executives limit potential losses and seize opportunities, EY said.
By Jim Tyson • Jan. 18, 2024 -
Retail sales exceed forecasts, highlighting steady consumer-fueled growth
Robust retail sales defy predictions that trends such as declining savings and a cooling labor market will inhibit consumer spending.
By Jim Tyson • Jan. 17, 2024 -
CEOs see ballooning federal debt as biggest business threat: Conference Board
Congressional leaders wrangle over federal spending and struggle to avert a government shutdown as business leaders fret over the worsening fiscal outlook.
By Jim Tyson • Jan. 16, 2024 -
Inflation inches up, signaling prospect of extended Fed inflation fight
The consumer price index last month rose more than anticipated, with gains in the cost of services staying stubbornly high.
By Jim Tyson • Jan. 11, 2024 -
Economic growth will slow to 1.6% in 2024 as high rates bite: World Bank
The most restrictive monetary policy in 40 years will weigh on growth but probably not trigger a downturn this year and in 2025, the World Bank said.
By Jim Tyson • Jan. 10, 2024 -
Deep Dive
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.
By Jim Tyson • Jan. 9, 2024 -
2024 tech events for CFOs
CFO Dive compiled a list of tech-related events for finance leaders, touching on topics such as digital transformation, AI and cybersecurity.
By Alexei Alexis • Jan. 9, 2024 -
Firms still scrambling over SEC cyber rules: poll
Grant Thornton found that many companies have taken steps to comply with the new rules, “but some still have work to do.”
By Alexei Alexis • Jan. 9, 2024 -
Deloitte rolls out in-house generative AI platform for coding, researching
Around 75,000 employees are beginning to use PairD to assist with daily tasks. The firm expects a total of 100,000 workers will gain access to it in the next six months.
By Lindsey Wilkinson • Jan. 8, 2024 -
CFO optimism rises on outlook for 2024 economy: Fed
Financial executives expect solid business performance in 2024, forecasting on average 5% revenue growth and a 2.7% expansion in payrolls.
By Jim Tyson • Jan. 2, 2024 -
First American Financial confirms threat actors stole and encrypted data
The title insurance giant said the cyberattack is contained, but it is still working to determine whether the incident will have a material impact.
By David Jones • Jan. 2, 2024 -
2024 is ‘all about the Fed,’ U.S. Bank exec says
With 2023 drawing to a close, all eyes are remaining on the Federal Reserve and its inflation strategies for 2024, U.S. Bank’s Stephen Philipson said.
By Grace Noto • Dec. 21, 2023 -
IPOs rise on prospect of Fed interest rate cuts: EY
High-profile IPOs in September by companies including Arm Holdings and Instacart renewed C-suite and investor interest in the market.
By Jim Tyson • Dec. 19, 2023 -
Firms advised to prepare for tough enforcement of SEC cyber rules
Effective Monday, public companies other than small reporting businesses will now be required to comply with the SEC’s new breach disclosure mandates.
By Alexei Alexis • Dec. 19, 2023 -
AI’s quest to transform corporate finance meets hurdles
While finance leaders widely view artificial intelligence as a game-changer, some are nervous about the risks of adoption, according to a OneStream poll.
By Alexei Alexis • Dec. 19, 2023 -
US regulators flag commercial real estate as a leading risk in 2024
“Signs of stress emerged in 2023, and the market outlook is challenging” for commercial real estate, according to the Financial Stability Oversight Council.
By Jim Tyson • Dec. 18, 2023 -
Kraft Heinz probes ransomware attack claim
The food and beverage company attributed the potential attack to a decommissioned marketing site and said internal systems are operating normally.
By Matt Kapko • Dec. 15, 2023 -
Small businesses limp toward 2024 with gloomier outlook, surveys show
Confidence among CEOs and economists in the prospects for the economy is not shared by small businesses.
By Jim Tyson • Dec. 14, 2023 -
3 tips for SEC cyber rule stragglers
With breach reporting enforcement set to begin in just days, stragglers should be treating readiness as a “super-high priority,” says Deloitte’s Daniel Soo.
By Alexei Alexis • Dec. 14, 2023