Key considerations for CFOs when exploring convertible debt

As companies look to raise capital or refinance debt in a higher interest rate environment, one option more CFOs are considering is convertible debt.

By David A. Brown and Daniel Josephs • April 10, 2023

Why CFOs must take inventory reins

The people responsible for bloated inventory levels don’t all sit in factories and warehouses, Ernst & Young’s Peter Kingma writes. 

By Peter Kingma • April 7, 2023

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Digital transformation, one smart step at a time

As pricing pressures tighten margins and technologies like artificial intelligence evolve, finance chiefs are more closely scrutinizing the cost and returns of the tech tools they implement.

By CFO Dive staff

Bed Bath & Beyond inks $120M inventory deal

While battling to stave off bankruptcy on multiple fronts, the Union, N.J.-based retailer-is also struggling to keep shelves stocked and vendors paid.

By Maura Webber Sadovi • April 6, 2023

Using a disciplinary matrix to tie compensation to compliance

A good way to earn DOJ cooperation credit is to be clear on paper what violations will result in a pay reduction or clawback, a Morgan Lewis partner says. 

By Robert Freedman • April 6, 2023

Fed officials signal more tightening than investors forecast

A credit squeeze following recent banking system turmoil may prompt policymakers to reduce the main interest rate before the end of 2023, according to investors.

By Jim Tyson • April 5, 2023

5,000 GM workers opt for buyout plan, CFO says

The company buyout is part of a GM program aimed at cutting costs by $2 billion by the end of 2024 while avoiding layoffs.

By Alexei Alexis • April 5, 2023

Slump in jobs, manufacturing suggest economy softening

Turmoil in the banking system may lead to a tightening in credit, weaker manufacturing and reduced hiring.

By Jim Tyson • April 4, 2023

Sirius XM promotes controller to CFO

The New York City-based satellite radio company has named a new CFO just under a month after it reduced its workforce by 8%.

By Maura Webber Sadovi • April 4, 2023

Cyberattacks hit almost all companies last year, Sophos says

A constant barrage of malicious activity has organizations reeling, negatively impacting their ability to accomplish IT projects or dedicate time to strategic issues.

By Matt Kapko • April 4, 2023

Esker, HighRadius top C2C software rankings

Esker, HighRadius and FIS Global surpassed modern C2C software industry peers such as Billtrust, BlackLine, and Cforia in a study by the Hackett Group.

By Alexei Alexis • April 4, 2023

Ex-Trump CFO, facing fresh legal pressure, swaps attorneys

The legal turmoil still swirling around the Trump Organization’s former CFO shows just how closely intertwined a finance chief’s fate is with that of the organizations they serve.

By Maura Webber Sadovi • April 3, 2023

Marketers, pricers are out of sync on inflation strategy

CFOs have major decision power when it comes to developing pricing — the fastest lever companies can pull to adjust to inflation, Revionics’ Matt Pavich says.

By Suman Bhattacharyya • April 3, 2023

IPO proceeds slump 61% amid risk of credit squeeze: EY

Turbulence in the banking system will likely tighten a credit squeeze and worsen a downturn in initial public offerings.

By Jim Tyson • March 31, 2023

Bed Bath & Beyond files to raise $300M in market

In spite of the struggling retailer’s creative efforts to raise capital, Morningstar analysts wrote Thursday that they still expect the firm to eventually declare bankruptcy. 

By Maura Webber Sadovi • March 30, 2023

Business spending outlook ‘deteriorated’: Fed CFO survey

CFOs were planning to reduce expenditures before turmoil in the banking system threatened to provoke a credit tightening.

By Jim Tyson • March 29, 2023

FASB maps ‘one-stop shop’ expense disclosure proposal

The proposed expense disclosures could be costly for companies. The FASB has been considering the more stringent standards for at least two decades.

By Maura Webber Sadovi • March 29, 2023

Women CFOs: Raising their hands

From promotions amid pregnancies, fake engagement rings and surprise opportunities, these women leaders have faced highs and lows on their way to finance leadership.

By Elizabeth Flood • March 29, 2023

CFO churn persists with FleetCor, Corcentric

Payments companies FleetCor and Corcentric are the latest to name new CFOs as churn in the industry continues.

By Elizabeth Flood • March 29, 2023

Experts warn against ransomware complacency

Despite reports of fewer ransomware-related cyber insurance claims and decelerating premiums in 2022, experts say the threat is still serious and evolving.

By Alexei Alexis • March 28, 2023

PCAOB proposes updated standards, faster audit filing

The audit watchdog aims to update and unify interim standards created 20 years ago, aligning its rules with new independence requirements and advances in technology.

By Jim Tyson • March 28, 2023

Embattled EV maker Nikola promotes insider to CFO

The EV maker’s CFO is stepping down following managerial turmoil in recent years.

By Elizabeth Flood • March 28, 2023

Bank failures could cause SMB credit crunch

“The current banking crisis could directly lead to a small business crisis if they are not able to quickly access the capital they need to sustain and expand their operations,” Biz2Credit’s CEO said.

By Anna Hrushka • March 28, 2023

Talent shortage frustrates internal auditors

As AI swiftly extends the finance function’s potential for efficiency, audit leaders are concerned about the lack of skilled workers to support new advancements.

By Elizabeth Flood • March 27, 2023

Luckin Coffee’s ‘revenue reckoning’ takeaways

The Beijing-based company was initially viewed as a kind of David poised on its home turf to take on the Goliath of the coffee world — Starbucks — in China.

By Maura Webber Sadovi • March 24, 2023

Banking turmoil may trigger recession: Fannie Mae

Small- and mid-size banks will likely tighten credit in the coming months, increasing the odds of a downturn this year, economists said.

By Jim Tyson • March 24, 2023