Many businesses are hesitant to spend big bucks on capital improvements or new equipment due to inflation, high interest rates and economic uncertainty. But there's at least one very good reason for not waiting until next year to address a…
Budgeting and Forecasting
Companies are sending their "road warriors" out at a rate not seen since 2019. A new study shows companies are allocating more of their budgets for travel costs through 2024 and into next year. Upward Climb with Uphill Struggles: 2024…
The Federal Trade Commission (FTC) managed to stall some major corporate mergers on anti-trust grounds. Don't be shocked if the trend continues even if Donald Trump wins back the White House in November. The FTC's chairwoman Lina Khan is popular…
Did you hear about the Snowflake hack? Snowflake is a cloud computing company that got blasted by a series of attacks earlier this spring. Snowflake clients ended up taking most of the shrapnel. Snowflake client Ticketmaster estimates 560 million customer…
A federal ban on employee non-compete agreements may not go into effect in September after all. Two lawsuits scheduled to be decided in late July and the end of August may put the kibosh on the Federal Trade Commission's (FTC)…
Full disclosure: We never know for certain which topics will grab the attention of CFOs, controllers and other finance professionals. Often times we know, like when withholding tables for the following year are announced. But sometimes, we're surprised by how…
CFOs intend to continue cutting costs and boosting efficiency in every area possible through 2024 and probably well into 2025. And unfortunately that could mean a wave of layoffs is still to come. Forty percent of chief executives expect "major"…
The higher overtime salary threshold that kicks in on July 1 will affect a million-plus salaried exempt employees. And it's good news for many folks -- inflation is taking a bigger bite out of everyone's paycheck and companies are scaling…
Ever-growing postage rates are driving companies to digitize as much as possible. A record-high rate hike set for July 14 is going to impact companies that rely on the mail to do business. The U.S. Postal Service (USPS) announced it…
Heads up: Accountants will no longer enjoy a 45-day grace period to file financial reports after completing an audit. The Public Company Accounting Oversight Board (PCAOB) is shortening the two-decades-old filing deadline to 14 days after an audit is officially wrapped…
Looks like AI won't be taking the place of all those vacant jobs after all. CEOs at bigger companies -- some who laid off a lot of people over the last eight months -- are chomping at the bit to…
Did you hear about the office building in New York City purchased for $1 a few weeks back? Or the tower in Los Angeles that sold for HALF the amount it fetched just six years ago? Times are tough in…
