Your CFO peers are dealing with unprecedented inflation, several bank failures and an unpredictable labor market. And don’t forget about the new COVID-19 variant that the Centers for Disease Control says is now present in the U.S. It’s no wonder that a 2022 survey by PwC found that nearly half (47%) of CFOs said their […]
Finance pros are doing quite a bit better than people in other sectors when it comes to compensation. Nearly 60% of workers report they’ve gotten stiffed by their employers in the last two to three years. OnePoll asked 1,859 adult Americans when’s the last time they got a pay raise. The numbers may surprise you: […]
The latest interest rate hike by the Federal Reserve should’ve come as no surprise to anyone. The Fed’s made its intentions clear since it began ratcheting up the federal funds target rate in March 2022. And the media leaks in the days leading up to Fed meetings have proven right almost every time (give or […]
News flash: The stock market and financial sector didn’t do too well in 2022. But for the majority of business sectors, profits soared and shareholders got richer last year. The numbers might even surprise you a bit. Visual Capital showed how the top earning corporations in all sectors fared during the past fiscal year (though […]
If a recent survey by payables fintech provider Tipalti is any indication, finance automation is top of mind for most of your CFO peers. According to Tipalti‘s CFO, Sarah Spoja, when respondents were asked what they cared about most in the face of future-proofing for dramatically unpredictable world events and a challenging economic environment, three […]
Before the pandemic, controllers had the luxury of being able to stay focused on company accounting and financial reporting, and not much else. But that isn’t the case anymore – especially for controllers aspiring to advance into a CFO role, said Carl Young, a former CFO and CEO now helping out businesses as a consultant, […]
The Biden administration is delaying finalization of a controversial Securities and Exchange Commission (SEC) rule on climate change-related disclosures until the fall. The upshot is there’s little chance the regulation is finalized and goes into effect during Joe Biden’s first term. The fate of this and other environmental, social and governance (ESG) rules like it […]
2022 turned out to be a better year compensation-wise for your peers in the finance realm than 2021. The Association for Finance Professionals (AFP) annual compensation report shows how companies weathering interest rate hikes, nagging inflation and supply chain woes are doing what they can to keep talented money managers from jumping ship. Data comes […]
Elon Musk told an interviewer last week we’re in a recession. A second big bank just bit the dust. Mass layoffs continue in certain sectors. There’s a lot to be worried about … unless you’re the average small business that’s already battened down the hatches for a downturn. Believe it or not, 76% of small […]
