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AICPA, NASBA propose competency-driven CPA licensure path
Sep 18, 2024 · The American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA) proposed a “competency-driven experience pathway” to CPA licensure to address a growing talent shortage impacting finance teams across industries. The proposal tries to address concerns over the 150-credit hour requirement, a factor that has been criticized as a deterrent to young ...
2025 CFO conference roundup | CFO.com
Oct 1, 2024 · Gartner CFO & Finance Executive Conference. May 20-21. Gaylord National Resort & Convention Center, National Harbor, Maryland. In a mix of peers, thought leaders, Gartner experts and tech providers, attendees can gain insight from a variety of perspectives, including Gartner leadership, technology providers and each other.
Budgets for base salaries expected to soar again in 2025
Sep 17, 2024 · Despite a recent downtrend in hiring and a slight increase in unemployment, U.S. companies’ base-salary budgets are projected to rise sharply in 2025 for a third straight year, according to a new report from The Conference Board.. Following actual salary-budget growth of 4.4% in 2023 and 3.8% in 2024, the expected average increase for next year is 3.9%, as revealed by a survey of 300 ...
Tyson Foods’ CEO succession plan now in question as former CFO …
Oct 18, 2024 · John R. Tyson, the former CFO of Tyson Foods and fourth-generation heir to the company, was found guilty of driving while intoxicated and careless driving in Arkansas on Oct. 17. Tyson was fined less than $1,000 and ordered to complete 32 hours of community service, according to a district court docket.A 90-day jail sentence was suspended. Tyson was initially suspended as CFO after a June ...
A modern approach to cash flow management | CFO.com
Oct 8, 2024 · This challenge will intensify as the workforce evolves, with a new generation of finance leaders stepping in. FEI reports that 64% of millennial finance professionals prefer specialized financial software over traditional spreadsheets for tasks like budgeting, forecasting, and analytics. The real challenge isn't just the limitations of spreadsheets — it's about transforming your ability to ...
Macy’s delays Q3 earnings after accounting employee hid up to …
Nov 25, 2024 · The company also said its investigations concluded the employee was not aided by any other finance team staff. While Macy’s CFO Adrian Mitchell, who also serves as chief operating officer, has yet to comment, CEO Tony Spring made clear his focus is on reducing the distraction of the expense team’s woes during their busy holiday season. “At Macy’s, we promote a culture of ethical conduct.
Finance Employee Defrauded for $25M by Deepfake CFO
Feb 5, 2024 · Baron Chan Shun-ching, who is the acting superintendent of the Cyber Security and Technology and Crime Bureau in Hong Kong, told the public broadcast RTHK that in the video conference, “it turns out that everyone [he saw] was fake,” according to the South China Morning Post.The police said all present on the video except the victim were fake, and the deepfake tech was used to turn publicly ...
4 expert insights on how CFOs can be better leaders in 2025
Nov 15, 2024 · 1. Make your financial data and employee salaries open to all. Gary Hamel, founder of the global consulting firm Strategos, is known for his ideas around eliminating corporate bureaucracy.When asked about the importance of making financial data available to everyone in the organization, he said those who have done so have seen success.
Santander Consumer USA CFO: ‘Data is key to our business’
Jun 25, 2024 · He recently was tapped for an additional role: head of finance (a title functionally equivalent to CFO) for another division, Santander Consumer & Business Banking (CBB), the deposit-gathering arm for Boston-based Santander Bank N.A.
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