Financial News and Analysis | CFO Dive
CFO Dive provides in-depth journalism and insight into the most impactful news and trends shaping the finance industry.
Improper revenue recognition tops SEC fraud cases | CFO Dive
Aug 20, 2020 · The attorney's pointed to a number of SEC cases involving fictitious revenue, including one in which wire and cable products company Anicom was charged with reporting nonexistent sales to inflate net income by more than $20 million, much of that to one fictitious customer, SCL Integration.. Channel stuffing
Most CEOs expect full return-to-office in 3 years: KPMG
Sep 20, 2024 · Dive Brief: A majority (83%) of CEOs surveyed globally predict that companies will shift to require a “full” return of employees to in-office work in the next three years, an increase from 64% the prior year, KPMG said, reporting on the findings of a survey of 1,300 chief executives conducted in July and August.; The report also revealed a generational divide in the executives’ sentiment ...
AICPA, NASBA draft new CPA rules for states to model
Oct 3, 2024 · Dive Brief: The American Institute of CPAs and the National Association of State Boards of Accountancy jointly took another step to open a pathway allowing accountants to obtain a CPA license with less schooling than is now required. The groups released model language that state accountancy boards and lawmakers can adopt that would put the proposed new licensure rules into effect.
KPMG backs 120-credit hour alternative CPA licensure option
Oct 9, 2024 · Dive Insight: KPMG’s full-throated support for alternative paths to CPA licensure comes roughly a month after t he American Institute of CPAs shifted to officially move ahead with adding more paths and flexibility to licensure in order to tackle the accounting talent shortage.. The accounting association had previously raised objections to cutting the hourly credit requirement, citing ...
Next-gen CFOs: Forging a new path - CFO Dive
Nov 16, 2023 · The number of CFOs who hold CPA certifications has shrunk over the past decade. Less than half (43%) of CFOs in the S&P 2000 had CPA designations in 2022 compared to the 55% of finance chiefs who reported having them in 2012, according to a recent study by leadership advisory firm Russell Reynolds Associates.
Opinion - CFO Dive
Oct 15, 2024 · Healthcare’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.
Bed Bath & Beyond’s Etlin: Lessons for CFOs staring down …
Jul 27, 2023 · On an April Saturday — one day before Bed Bath & Beyond made the much-anticipated move to file for bankruptcy protection — the storied home-goods retailer promoted its interim CFO Holly Etlin to the dual role of CFO and chief restructuring officer.. Since then, Etlin said she has been putting in 12-hour days working mostly out of the company’s Union, New Jersey, headquarters, acting as ...
Financial Leadership News - CFO Dive
Nov 27, 2024 · The latest financial leadership news for CFOs. Why AI alone won’t solve biased underwriting Combining AI advances with thoughtful, human-powered selection of risk data that benefit the members of underserved communities is …
KPMG cuts about 1,900 more US jobs - CFO Dive
Jun 27, 2023 · Beyond KPMG, the labor market is flashing mixed signals. Last week, Federal Reserve Chair Jerome Powell said inflation has persisted at more than twice the central bank’s target partly because demand for labor has far exceeded supply for many months, CFO Dive previously reported.A springtime surge in job gains persisted last month as employers hired 339,000 workers and wage growth — while ...
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