Treasury: Page 21
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Regulation, weak economy pose obstacles to SPACs: Deloitte
After booming last year, the SPAC market has fizzled so far in 2022, with the number and average value of deals falling.
By Jim Tyson • March 16, 2022 -
Deep Dive
CFOs hold pay raises far below inflation despite war for talent
CFOs are spurring resignations by letting inflation far outpace wage gains. They can take steps to improve employee retention even as prices increase at the highest rate in four decades.
By Jim Tyson • March 11, 2022 -
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 -
Senators introduce bipartisan bill to avert LIBOR turmoil
The Senate and U.S. House are nearing alignment on legislation that would head off instability from financial contracts that fail to identify a new reference rate after LIBOR sunsets in 2023.
By Jim Tyson • March 7, 2022 -
Fed stimulus pullback on track despite Russian invasion, Powell says
The Federal Reserve will likely begin raising the main interest rate from a record low this month while mindful of the need to “add to financial stability, not to create uncertainty,” Fed Chair Jerome Powell said.
By Jim Tyson • March 2, 2022 -
First-time biotech CFO strategizes for future with or without big pharma
Aristea Therapeutics' CFO Justin Thacker says the company has a $100 million cash runway that will take it into 2024.
By Maura Webber Sadovi • Feb. 23, 2022 -
15% minimum global tax would harm US business: Senate Republicans
The global tax package now before the Senate may expose U.S. companies to a “top-up tax” and other levies not acknowledged by the Biden administration, Republican senators said.
By Jim Tyson • Feb. 22, 2022 -
Fast-tracked private letter rulings offer corporations respite from IRS delays
While the promise of a speedier program is a bright spot during a time of IRS backlogs, the PLR process is not an avenue that financial executives can use to make an end-run around unrelated delays, said Buck Buchanan, managing director in Grant Thornton’s national tax office.
By Maura Webber Sadovi • Feb. 22, 2022 -
Investors warned against taking 'lottery ticket' approach to SPACs
Some SPACs with conflicting interests harm investors by bringing weak companies to the IPO market, the CFA Institute said.
By Jim Tyson • Feb. 18, 2022 -
Direct lending may take hit in credit crunch: S&P Global
Direct lending has boomed in the past decade but its resilience has yet to be tested in an extended credit crisis, S&P Global Ratings said.
By Jim Tyson • Feb. 16, 2022 -
IRS delays spell headaches for financial executives
Businesses are “facing an IRS that is underwater right now, given the backlog of paper returns,” said Garrett Watson, a senior policy analyst at the Tax Foundation.
By Maura Webber Sadovi • Feb. 15, 2022 -
Default rate will rise this year, Moody's says
The default rate will increase but stay well below its pandemic-period high even though central banks in many countries are raising interest rates, Moody’s said.
By Jim Tyson • Feb. 15, 2022 -
Most CEOs expect inflation to persist, survey shows
Plans by the Federal Reserve to raise the benchmark interest rate probably will not quickly rein in the fastest price increases in four decades, most CEOs said in a survey.
By Jim Tyson • Feb. 10, 2022 -
SPAC industry promotes myths in a 'deep fraud,' former SEC official says
Promoters of SPACs have upheld several "myths" to ensure steady income from a boom in the so-called blank-check companies, according to a former senior SEC official.
By Jim Tyson • Feb. 2, 2022 -
Fewer companies plan to hold cash this quarter: survey
More companies plan to deploy cash this quarter compared with Q4. They intend to grow their businesses, pay down debt and improve employee hiring and retention.
By Jim Tyson • Feb. 1, 2022 -
CFOs slow to upgrade cash tracking despite pandemic: Forrester
Aligning accounts payable and accounts receivable can reduce fraud, increase agility and spark profit-boosting insights. Yet few companies are seizing on the opportunity.
By Jim Tyson • Jan. 31, 2022 -
Opinion
Treasury doesn't have to lose out to FP&A on forecasting
The two teams bring complementary strengths that can be leveraged if they work together.
By Bob Stark • Jan. 28, 2022 -
Inflation will persist through 2023 even if pandemic fades: Conference Board
Federal Reserve efforts to curb inflation will probably collide against several inflationary forces, including reshoring of production and shortages of both workers and semiconductors.
By Jim Tyson • Jan. 27, 2022 -
CFOs need to change how they discuss inflation: Gartner
Rising price pressures have pushed inflation toward the top of agenda items during earnings calls, prompting some needed changes in tactics by CFOs.
By Jim Tyson • Jan. 26, 2022 -
CFOs 'managing blind' the rising pressure for ESG gains: Accenture
Companies lack the expertise and consistent metrics for satisfying growing investor demand for sustainable operations.
By Jim Tyson • Jan. 25, 2022 -
CFOs to use debt issuance for M&A, refinancing in 2022: Moody's
Companies are in “savings mode” and well prepared for both M&A and riding out turbulence in financial markets, Moody’s said.
By Jim Tyson • Jan. 21, 2022 -
CFOs, accountants vexed by surging operating costs
CFOs and other financial executives express rising concern about increasing prices for transport, energy and other costs, a survey found.
By Jim Tyson • Jan. 20, 2022 -
Companies ignoring employee demands will falter: Fink
A tight labor market has strengthened workers’ clout, compelling corporate leaders to increase pay and benefits or risk underperformance, according to BlackRock CEO Larry Fink.
By Jim Tyson • Jan. 18, 2022 -
Deep Dive
8 CFO tips for pursuing M&A amid dealmaking 'fever'
M&A will probably surge this year after a record 2021, and CFOs who want to prevail in the highly competitive market should follow several best practices.
By Jim Tyson • Jan. 14, 2022 -
Inflation 'skyrocketing' as C-suite worry: Conference Board
Price pressure has surged into the top ranks of CFO concerns, drawing more attention than anytime in nearly nearly 40 years, surveys show.
By Jim Tyson • Jan. 13, 2022 -
Inflation to 'remain very elevated' in 2022: Furman
A persistent imbalance between supply and demand and labor shortages will likely push inflation in 2022 above Fed forecasts for the second consecutive year, former White House economist Jason Furman said.
By Jim Tyson • Jan. 10, 2022