Financial News and Analysis | CFO Dive
Red Lobster names Checkers alum CFO after Chapter 11 restructuring Bob Baker brings more than three decades of restaurant industry experience to his new position, having held finance chief roles at Checkers & Rally, Benihana, Pieology Pizzeria, and Café Rio Mexican Grill.
Improper revenue recognition tops SEC fraud cases | CFO Dive
Aug 20, 2020 · The attorney's pointed to a number of SEC cases involving fictitious revenue, including one in which wire and cable products company Anicom was charged with reporting nonexistent sales to inflate net income by more than $20 million, much of that to one fictitious customer, SCL Integration.. Channel stuffing
Costco CFO targets lower prices amid ‘effectively flat’ inflation
Sep 27, 2024 · Dive Brief: Costco Wholesale CFO Gary Millerchip said Thursday that the company’s “goal is always to be the first to lower prices” where it sees opportunity to do so, noting on the retailer’s fiscal fourth quarter earnings call that it dropped its prices on several of its store brand items during the 16-week period ended Sept. 1.
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Financial Leadership News - CFO Dive
Oct 31, 2024 · The latest financial leadership news for CFOs. Red Lobster names Checkers alum CFO after Chapter 11 restructuring Bob Baker brings more than three decades of restaurant industry experience to his new position, having held finance chief roles at Checkers & Rally, Benihana, Pieology Pizzeria, and Café Rio Mexican Grill.
Deep Dive | CFO Dive
Real-time lessons for FedNow from Brazil, India The fledgling U.S. instant payments system can learn from real-time systems that have flourished in Brazil and India using QR codes and broad missions, say industry professionals.
Auditors say accountant shortage ramps up work pressure: CAQ
Dec 6, 2023 · Dive Insight: Accelerating a six-year shrinking of the talent pool, the number of students who graduated at the end of the 2021-2022 academic year with an accounting degree in the U.S. plunged 7.4% compared with the prior period, according to a survey by the American Institute of Certified Public Accountants.. Fewer than 1% of small- and medium-size CPA firms can find enough qualified U.S ...
Opinion - CFO Dive
Oct 8, 2024 · Healthcare’s paper check disease “The persistence of paper checks for patient refunds is not just an inconvenience — it's a symptom of a larger problem that threatens the very sustainability of healthcare organizations,” one software firm CFO writes in this opinion piece.
Workday takes on Microsoft in race to transform corporate finance
Oct 1, 2024 · Dive Brief: Enterprise software company Workday is rolling out a new virtual assistant for finance and human resource workflows as it seeks to offer users a “reimagined artificial intelligence-powered experience,” according to a recent announcement.. The new tool, known as Workday Assistant, is part of the company’s broader “Illuminate” framework for transforming corporate finance ...
Super Micro delays 10-K filing to assess internal controls
Aug 28, 2024 · Dive Insight: The report pits short-seller Hindenburg against Super Micro, which has been “one of the biggest winners of the generative artificial intelligence boom,” CNBC reported.. Analysts at JPMorgan pushed back against the short-seller’s allegations in a Tuesday note. “Net-net, we see the report as largely void of details around alleged wrong-doings from the company that change ...