CFO.com | News for CFOs
WEB43% of finance and sales leaders say sales forecasts are at least 10% off. Barriers to accuracy could be lessened through better collaboration between sales and finance. CFO.com provides essential analysis and expert advice for Chief Financial Officers to tackle organizational challenges, manage major risks, drive organizational value, and ...
5 Common Misconceptions About the Chapter 11 Bankruptcy …
WEBJul 8, 2020 · Here are five of the most common misconceptions about Chapter 11 bankruptcy: Bankruptcy means going out of business. Just because a business files for bankruptcy does not mean it is going out of business. While a Chapter 7 business bankruptcy filing involves liquidation, Chapter 11 allows a business to restructure its debts and remain in operation.
Two CFOs Tell a Tale of Fraud at HealthSouth | CFO
WEBMar 27, 2017 · Two of the finance chiefs — Aaron Beam, a HealthSouth co-founder and its CFO from January 1984 through September 1997, and Weston Smith, who blew the whistle on the fraud — recently offered a presentation to the New York City chapter of Financial Executives International. In telling how they came to be swept up in …
The CFO’s changing role: problem-solving, tech and leadership — …
WEBMay 23, 2024 · Her view of the rapidly changing role matches the findings of her company’s current research report, “ Secrets of Successful CFOs,” where 96% of those surveyed believe the role will change in the next three years, and 89% have seen their job evolve even from a year ago. Jacqui Cartin. Courtesy Sage.
7 Core Skills of Great CFOs | CFO
WEBJun 6, 2022 · We’ve identified seven skills that top CFOs need to master in today’s evolving business climate. 1. Solid Communicator. It’s not enough to be able to present financial performance reports to the board and investors effectively. CFOs are called upon to tell the story behind the numbers to a wider range of stakeholders, including customers ...
What’s the Best Time to Announce Earnings? - CFO
WEBJan 17, 2018 · Companies are united in their belief that it’s best not to announce quarterly earnings results during trading hours. About 95% of publicly held companies subscribe to that policy, according to new research.. Among those that do, there’s a fairly even split between earnings announced after the closing bell (i.e., before midnight, chosen by 53% of such companies) and those announced before ...
The ABCs of Self-Funding Your Health Plan - CFO
WEBMay 25, 2016 · Self-funding is not a new or cutting-edge idea. In fact, 94% of employers with 5,000 or more workers do it, according to 2015 research by the Kaiser Family Foundation. Among those with 200-999 workers, 56% self-fund. It’s far less common where there are fewer than 200 workers, with 17% of such …
The Big Four Continue to Dominate Auditing: Weekly Stat | CFO
WEBJun 29, 2022 · The top 10 firms audit 68.8% of the entire SEC registrant population, and the standings reported on Tuesday remained unchanged from a year ago: EY, Deloitte, PwC, KPMG, Marcum, Withum, GT, BDO, BF Borgers, and RSM. Keep up with the story. Subscribe to the CFO free daily newsletter. The interesting thing about the market for …
Frank D’Amelio to Step Down as Pfizer CFO
WEBPublished Nov. 18, 2021. By Matthew Heller. Frank D’Amelio is retiring as CFO of Pfizer after a 14-year tenure during which he played key roles in transformative transactions and the drugmaker’s response to the COVID-19 pandemic. Pfizer said Wednesday it had begun an external search for D’Amelio’s successor and that he had agreed to ...
Corporate Finance News and Resources for CFOs
WEB3 days ago · 5 Future of Finance event takeaways for CFOs. From protecting data in AI models to filling open finance roles, finance leaders came together to discuss several hot topics at this week’s CFO.com virtual conference. By Lauren Muskett • Sept. 12, 2024.