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WEB43% of finance and sales leaders say sales forecasts are at least 10% off. Barriers to accuracy could be lessened through better collaboration between sales and finance. CFO.com provides essential analysis and expert advice for Chief Financial Officers to tackle organizational challenges, manage major risks, drive organizational value, and ...
5 Common Misconceptions About the Chapter 11 Bankruptcy …
WEBJul 8, 2020 · Here are five of the most common misconceptions about Chapter 11 bankruptcy: Bankruptcy means going out of business. Just because a business files for bankruptcy does not mean it is going out of business. While a Chapter 7 business bankruptcy filing involves liquidation, Chapter 11 allows a business to restructure its debts and remain in operation.
Two CFOs Tell a Tale of Fraud at HealthSouth | CFO
WEBMar 27, 2017 · Two of the finance chiefs — Aaron Beam, a HealthSouth co-founder and its CFO from January 1984 through September 1997, and Weston Smith, who blew the whistle on the fraud — recently offered a presentation to the New York City chapter of Financial Executives International. In telling how they came to be swept up in …
Amazon Names John Felton as New AWS CFO
WEBPublished Jan. 19, 2024. Andy Burt Managing Editor. Amazon named John Felton as senior vice president and the new CFO of Amazon Web Services (AWS), according to the company. Per messages penned by CEO Doug Herrington and Felton, the long-time Amazon executive will assume the finance chief role …
The ABCs of Self-Funding Your Health Plan - CFO
WEBMay 25, 2016 · Self-funding is not a new or cutting-edge idea. In fact, 94% of employers with 5,000 or more workers do it, according to 2015 research by the Kaiser Family Foundation. Among those with 200-999 workers, 56% self-fund. It’s far less common where there are fewer than 200 workers, with 17% of such …
Frank D’Amelio to Step Down as Pfizer CFO
WEBPublished Nov. 18, 2021. By Matthew Heller. Frank D’Amelio is retiring as CFO of Pfizer after a 14-year tenure during which he played key roles in transformative transactions and the drugmaker’s response to the COVID-19 pandemic. Pfizer said Wednesday it had begun an external search for D’Amelio’s successor and that he had agreed to ...
The 12 Key Principles of Financial Planning and Analysis - CFO
WEBJul 22, 2019 · Fundamental Principles. Adhering to these first five tenets will provide a firm foundation for FP&A, the institute advises: P1: Develop a strategic long-range plan and identify specific initiatives and projects/plans to execute it. The best-run companies have a long-range strategic plan with a differentiation strategy (such as being a cost leader).
The Big Four Continue to Dominate Auditing: Weekly Stat | CFO
WEBJun 29, 2022 · The top 10 firms audit 68.8% of the entire SEC registrant population, and the standings reported on Tuesday remained unchanged from a year ago: EY, Deloitte, PwC, KPMG, Marcum, Withum, GT, BDO, BF Borgers, and RSM. Keep up with the story. Subscribe to the CFO free daily newsletter. The interesting thing about the market for …
Corporate Finance News and Resources for CFOs
WEBJul 1, 2024 · 5 Future of Finance event takeaways for CFOs. From protecting data in AI models to filling open finance roles, finance leaders came together to discuss several hot topics at this week’s CFO.com virtual conference. By Lauren Muskett • Sept. 12, 2024.
20 Large Companies Filed for Chapter 11 Bankruptcy in First Half …
WEBSep 7, 2022 · Only 20 U.S. companies filed Chapter 11 in the first six months of 2022 (among companies with over $100 million in assets), the lowest midyear total since 2014, according to data released Wednesday by Cornerstone Research. The total was also less than half the number recorded in the first half of 2021 (43) and one-quarter of …