After long decline, the number of restatements ticks upward
Jul 3, 2024 · First, the 2022 figure was 11% higher than the previous year’s 362 restatements. Second, 2022 featured a spike of the so-called “Big R” variety (i.e., they are disclosed in Form 8-K, Item 4.02), made because previously filed financial reports were deemed unreliable by the company or its auditors. There were 153 of those in 2022, compared ...
The Data-Driven CFO: 5 Steps to Unlock Financial Data for Growth
Sep 19, 2023 · Most companies I talk to ask about the tools and processes to make data-driven decisions. Here are five steps to help get a handle on your data and make the most of it for your company. 1. Commit Resources to Data Quality. Gone are the days of making financially or analytically inclined employees among your last hires.
5 Key CFO Takeaways From MIT Sloan CFO, Ascent Events
Dec 6, 2022 · The year 2022 is drawing to a close, and CFO had one final opportunity to spend some time with finance executives across all different company sizes and industries. At the Ascent Conference and MIT Sloan CFO Summit, during the final week of November, the topics of conversation revolved technology and corporate people skills. Widespread uncertainty in the economy, different ideas around ...
Good CFO/Bad CFO | CFO.com
Mar 12, 2020 · A bad CFO gives engineering, product, or marketing advice to the respective executive. A good CFO provides valuable data, insights when another executive is over or under budget, and unbiased analytics that will help solve problems and respect boundaries. Jeff Epstein. A good CFO speaks visually, with pictures and analogies, not just analytically.
The Strategic Role of the CFO in M&A
Jul 20, 2021 · Whenever a market enters a frenzied buying period, good deals get harder to find and mistakes more likely. That’s what we see right now in M&A as the flood of easy money and fears of tax hikes under the Biden administration combine to fuel a record-breaking acquisition spree.. Global M&A deals surged to $2.82 trillion in the first 6 months of the year, according to Refinitiv, up 132% from 2020.
Why CFOs Should Have AI On Their Minds | CFO.com
Jul 6, 2023 · These positives can be parlayed to your employees, who may be worried about AI’s eventual effect on their jobs and may need help seeing how their roles could become more fulfilling. 3. Consider early adoption. Artificial intelligence is poised to affect how many of us work if it hasn’t already, and CFOs who pay attention to it now will ...
CFO.com | News for CFOs
CFO.com provides essential analysis and expert advice for Chief Financial Officers to tackle organizational challenges, manage major risks, drive organizational value, and maximize their personal career potential.
Northrop Names Former CSRA Exec as CFO
Published Feb. 6, 2020. By Matthew Heller. David Keffer. Northrop Grumman has named veteran finance executive David Keffer as its new CFO, replacing Kenneth Bedingfield. Keffer has most recently been a general partner at investment firm Blue Delta Capital Partners after previously serving as CFO at CSRA and its predecessor company SRA ...
CFO Magazine Archive | CFO.com
Jan. 2016 Issue. CFO.com provides essential analysis and expert advice for Chief Financial Officers to tackle organizational challenges, manage major risks, drive organizational value, and maximize their personal career potential.
The CFO’s changing role: problem-solving, tech and leadership — …
May 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. “There are two real things that make me nervous [about business ...