Financial News and Analysis | CFO Dive
Flagstar makes 2nd CFO change this year Lee Smith, the bank’s president of mortgage, will take over as chief financial officer Dec. 27, as Craig Gifford pursues “personal endeavors outside of banking,” Flagstar said.
KPMG backs 120-credit hour alternative CPA licensure option
2024年10月9日 · 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 ...
Most CEOs expect full return-to-office in 3 years: KPMG
2024年9月20日 · 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 ...
Economists predict above-trend economic growth in 2025: …
2024年11月14日 · Dive Brief: T he U.S. economy next year will probably expand 2.1%, chugging forward with sustained growth above its expected long-term trend, according to economists surveyed by Wolters Kluwer.; Economists at companies ranging from Goldman Sachs to Ford Motor and KPMG to Wells Fargo marked up their growth estimates by 0.1 percentage point and see only a 27% probability of recession in the next ...
Macy’s says accountant hid as much as $154M in expenses
2024年11月25日 · Dive Brief: A Macy’s accountant intentionally hid as much as $154 million in expenses from the fourth quarter of 2021 through the fiscal quarter ended Nov. 2, 2024, the company said Monday, flagging the flawed bookkeeping just days before the marquis retailing day known as Black Friday.
Disney CFO highlights booming streaming growth | CFO Dive
2024年11月15日 · Dive Brief: The Walt Disney company reported a 4.4 million increase quarter-over-quarter in the number of paid subscribers for its Disney+ Core streaming services, growth that gives the entertainment company a “bit of a natural hedge in the way that our portfolio operates,” CFO Hugh Johnston said Thursday during the company’s fiscal Q4 earnings call.
2025 financial conference roundup - CFO Dive
2024年10月1日 · As 2024 winds to a close, many finance chiefs are turning their attention to preparing for the new year. With CFOs looking to ensure they can start 2025 off on a strong note, connecting with other financial leaders, C-suite executives, and industry professionals is a must — especially as finance chiefs take more and more responsibility for driving finance digital transformation and their ...
Rivian CFO inks $3.5M trading plan as EV industry faces bumps
2024年11月18日 · Dive Insight: The $7,500 consumer EV tax credit is geared at boosting competitiveness for the electric vehicle sector in the U.S., which has flagged in recent years amid waning demand and increased competition from overseas manufacturers.
Deloitte joins backers of 120-credit hours CPA licensure option
2024年10月14日 · Dive Brief: Big Four accounting firm Deloitte added its voice to the growing industry call for an alternative pathway to become a certified public accountant, which would replace 30 of the 150 college credit hours typically required for licensure with work experience according to a statement emailed to CFO Dive by a firm spokesperson. “Attracting more CPAs is good for our profession and ...
Fed cuts main rate by half point, voices confidence inflation falling
2024年9月18日 · Dive Brief: The Federal Reserve on Wednesday cut the main interest rate by a half percentage point to a range between 4.75% and 5%, citing progress in slowing inflation toward the central bank’s 2% goal from more than 9% two years ago. “This decision reflects our growing confidence that with an appropriate recalibration of our policy stance, strength in the labor market can be maintained ...