U.S. default could hurt consumers and shake up short-term dollar borrowing flows, which companies rely upon to fund operations.
As investors and regulators seek more information on companies’ country-by-country levies, tax officers cite high costs, challenges in data collection.
Six months into the role, Nancy Buese is leading a pivot in how the oil-field services company returns cash to shareholders.
Increased corporate activism and a desire for ‘wartime’ finance chiefs with experience during downturns are driving companies to beef up hiring practices.
Accounting majors in the class of 2023, the first to enter a postpandemic professional world, will find no shortage of demand for their services as the industry grapples with a scarcity of candidates. They will, however, find starting salaries to be relatively low compared with other possible professions and an evolving workplace experience.
The PCAOB found significant auditing deficiencies in its first ever inspections in China and Hong Kong, saying that local affiliates of KPMG and PricewaterhouseCoopers missed the mark on auditing U.S.-listed companies in the region.
Finance executives welcome the effort to improve transparency but question aspects of the requirements and remain concerned over ‘undesirable side effects.’
The extension of the working lives of technical equipment allows companies like Alphabet, IBM and Akamai Technologies to improve their efficiency and profitability as they cut costs.
Executives are watching the Federal Reserve’s latest policy meeting for clues on its inflation-fighting campaign and the potential for a so-called hard landing that could cramp consumer spending on everything from airline tickets and cars to furniture and snacks.
Chipotle’s shares hit an all-time high this week after the company reported first-quarter results that beat analysts’ expectations. A Q&A with CFO Jack Hartung.
Executives are focused on repairing the damage from the 18-month effort to split the firm’s auditing and consulting operations.
Latest News
Rahul Ghai, the current chief financial officer of GE Aerospace, will also become CFO of the parent company, succeeding Carolina Dybeck Happe.
She has previously served as financial chief of Flowserve and LyondellBassell Industries.
