Risk Management: Page 9
-
Fahroni via Getty Images
Most finance leaders believe sustainability targets out of reach: EY
CFOs leading companies active in the U.S. and Europe face a “fluid picture” when attempting to meet regulations for sustainability reporting, EY said.
By Jim Tyson • Oct. 23, 2024 -
AndrisTkachenko via Getty Images
AICPA asks IRS for fresh cannabis tax guidance
The potential reclassification of marijuana as a Class III controlled substance has raised questions about tax benefits cannabis companies stand to gain.
By Maura Webber Sadovi • Oct. 22, 2024 -
qingwa via Getty Images
SEC settles charges with 4 firms it says downplayed SolarWinds hack exposure
The agency alleged Unisys, Avaya, Check Point Software and Mimecast misled investors about the extent of their respective cyber risks.
By David Jones • Oct. 22, 2024 -
coffeekai for iStock via Getty Images
Weakening manufacturing demand clouds economic outlook: Conference Board
Amid minor headwinds to economic growth, “client concerns have shifted from recession to re-acceleration,” according to analysts at Bank of America Securities.
By Jim Tyson • Oct. 21, 2024 -
dblight via Getty Images
Huntington Bank CFO sees acceleration of fintech venture opportunities
Declining interest rates are opening the gateway for a “regrowth” of funding activity, Huntington Bank CFO Zachary Wasserman said.
By Grace Noto • Oct. 21, 2024 -
Max Kegfire via Getty Images
Many middle market firms in ESG ‘wait and see’ mode, RSM says
While 75% of mid-sized companies have begun preparing for new climate-related regulations, 84% of respondents said they are monitoring developments before taking further action.
By Chris Gaetano • Oct. 21, 2024 -
Courtesy of Raytheon Technologies
RTX to pay more than $950M in bribery, fraud settlement: DOJ
The Securities and Exchange Commission alleged that last decade RTX, formerly known as Raytheon, used bogus subcontracts with a supplier to pay bribes of nearly $2 million.
By Jim Tyson • Oct. 18, 2024 -
Brendan Hoffman / Stringer via Getty Images
Retail sales exceed forecasts, underscoring solid 2024 economic growth
Recent signs of vitality have prompted some economists to mark up growth forecasts, despite weakness in manufacturing and a hiring slowdown early in the summer.
By Jim Tyson • Oct. 17, 2024 -
Spencer Platt via Getty Images
NYSE poised to curb serial reverse stock splits
The New York Stock Exchange is proposing rule changes to protect investors from deeply distressed companies that are “inappropriate for trading.”
By Maura Webber Sadovi • Oct. 16, 2024 -
Natalie Meepian via Getty Images
M&A dealmakers seize on AI as strategic ‘cornerstone’: Dykema
AI has spurred M&A volume in 2024, Dykema said, noting 55 transactions targeting AI start-ups during the first quarter compared with 38 during the final quarter of last year.
By Jim Tyson • Oct. 16, 2024 -
mrolands via Getty Images
November election, event risks loom, drive volatility: Bloomberg Intelligence
Finance chiefs should look to maintain robust, flexible portfolios as election and economic risks continue to impact volatility, Bloomberg’s Tanvir Sandhu advised.
By Grace Noto • Oct. 16, 2024 -
Worawee Meepian via Getty Images
Most accountants see ethical challenges increasing: ACCA
Two-out-of-five accountants said they most frequently face ethical challenges at work because of weaknesses in company leadership and culture, the ACCA said.
By Jim Tyson • Oct. 15, 2024 -
Delmaine Donson via Getty Images
How hasty digital transformations can backfire
The stakes are high as companies race to adopt cutting-edge technologies like artificial intelligence and look to avoid falling behind competitors.
By Alexei Alexis • Oct. 15, 2024 -
Laurence Dutton via Getty Images
OpinionA CFO roadmap for successful and safe AI implementation
Teams must ensure that proper data governance and management policies are in place before even considering AI adoption, writes AvePoint’s Jim Caci.
By Jim Caci • Oct. 15, 2024 -
gorodenkoff via Getty Images
Female CFOs, CEOs at big companies outearn male counterparts
Women have made gains in recent decades at companies of all sizes but are far from attaining parity in all ways with men in the workplace, according to recent reports.
By Jim Tyson • Oct. 14, 2024 -
Mario Tama via Getty Images
5 tips for businesses filing hurricane-related insurance claims
With Hurricanes Helene and Milton estimated to have cost tens of billions of dollars in damage, it’s important for businesses to carefully document the impact when filing insurance claims.
By Maura Webber Sadovi • Oct. 11, 2024 -
hapabapa via Getty Images
SEC sanctions Moog Inc. for alleged bribes, accounting flaws in India
The SEC and Justice Department filed 21 enforcement actions last year alleging violations of the Foreign Corrupt Practices Act.
By Jim Tyson • Oct. 11, 2024 -
SDI Productions via Getty Images
OpinionHealthcare’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.
By Seton Marshall • Oct. 11, 2024 -
OlyaSolodenko/iStock via Getty Images
Core consumer price inflation rises 3.3%, outpacing expectations
Despite higher-than-forecast price pressures, John Williams, president of the Federal Reserve Bank of New York, said “inflation has come within striking distance of our 2% goal.”
By Jim Tyson • Oct. 10, 2024 -
"Royal Bank of Canada's global headquarters at 200 Bay Street in Toronto, Canada" by Francisco Diez is licensed under CC BY 2.0
RBC’s ousted CFO lands at Canaccord
In April the Royal Bank of Canada fired its then CFO Nadine Ahn, citing an “undisclosed personal relationship” that violated its code of conduct. Ahn subsequently sued RBC for wrongful dismissal.
By Maura Webber Sadovi • Oct. 10, 2024 -
Justin Sullivan via Getty Images
Deep DiveOpenAI’s $6.6B raise puts it at the tech’s vanguard. Will it be enough?
The raise left the Microsoft-backed company valued at $157 billion. But is a stable, profitable company lurking underneath all that funding?
By Grace Noto • Oct. 10, 2024 -
Atstock Productions via Getty Images
Election delays some M&A deals: report
Dealmakers are grappling with uncertainties around upcoming elections in the U.S. and elsewhere, a Datasite survey found.
By Alexei Alexis • Oct. 9, 2024 -
Photo illustration: Industry Dive; Joe Readle/Getty Images; Brandon Bell/Getty Images
C-suites say both Trump and Harris would hurt U.S. competitiveness: PwC
The hard-to-predict outcome from the Nov. 5 election has compelled CFOs to scale back business expectations and forgo investment, recent surveys show.
By Jim Tyson • Oct. 9, 2024 -
Getty Images via Getty Images
Small business uncertainty hits record high: NFIB
High borrowing costs, a major cause of uncertainty, show no signs of easing even though the Federal Reserve last month cut the main interest rate by a half percentage point.
By Jim Tyson • Oct. 8, 2024 -
gorodenkoff via Getty Images
Corporate boards, C-suite teams urged to step up tech focus
The current tech landscape “now demands that businesses reinvent themselves to remain competitive,” according to a report by the National Association of Corporate Directors.
By Alexei Alexis • Oct. 8, 2024
Previous
