Bolstering the case for CFO caution, the Conference Board’s Leading Economic Index declined in August for the sixth consecutive month.

He replaces Michael Fiddelke, who had served jointly as COO and CFO since February. Fiddelke will stay on as operations chief.

The codification, effectively the bible for generally accepted accounting principles, was last updated in 2020.

Finance chiefs are “uniquely positioned” to take point on AI’s adoption ahead of its coming strategic impact, Thomson Reuters’ interim head of data and analytics said.

Two thirds (66%) of finance leaders say their team is unable to keep pace with the speed of e-commerce. That’s according to ...

Walsh, 50, will receive a base salary of $1 million per year and be eligible for a target annual cash bonus of $1.5 million under an AIG short-term incentive plan, according to a securities filing. He ...

The transition comes on the heels of recent financial challenges at the Norwalk, Connecticut-based tech company.

Heightened pressure to deliver strategy could push CFOs to adopt GenAI faster than previous technologies, Billtrust CEO Sunil Rajasekar said.

The central bank trimmed borrowing costs from a two-decade high after policymakers noted their growing concern about softening in the labor market.

Decisions on medical disclosures can be challenging for companies but Mastercard’s approach drew high marks from some corporate governance experts.

Even with solid retail sales data, traders in interest rate futures increased odds that the Federal Reserve will cut the benchmark interest rate Wednesday by a half point.

CEO, ex-CFO and former head of audit each lied to the business’ independent auditor and reported $1.3 million in false revenue, the SEC alleges.