5 Common Misconceptions About the Chapter 11 Bankruptcy …
Jul 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.
While big M&A deals abound, many smaller ones hit pause button
Oct 14, 2024 · The third quarter of this year featured the closing of 46 acquisitions valued at more than $1 billion. It was the highest quarterly level in two years and a 31% increase over deal volume in last year’s third quarter, according to Willis Towers Watson’s Quarterly Deal Performance Monitor. There were also 13 so-called “megadeals,” valued ...
Accounting is no longer just accounting: Intuit CFO Sandeep Aujla
Oct 10, 2024 · While most finance leaders know Intuit for its QuickBooks product, the company also has many other types of financial decision-making software products under its umbrella such as TurboTax, CreditKarma and MailChimp. For their CFO Sandeep Aujla, who has been with the company since 2015 and in his current role for about a year and a half, how he ...
The 6 a.m. CFO: How DUDE Wipes’ Jeff Klimkowski starts his day
Oct 3, 2024 · By CFO.com Editorial Staff. Jeff Klimkowski of Dude Wipes is helping to drive the brand toward becoming a $500 million business by 2030. Permission granted by Jeff Klimkowski. Welcome to The 6 a.m. CFO, where finance chiefs share how they jump-start their days and engage with the tasks that are in front of them.
5 Fall CFO Leadership Conference takeaways | CFO.com
Oct 11, 2024 · For finance chiefs at the CFO Leadership Council’s Fall 2024 Conference in Dallas, Texas earlier this week, the opportunity to learn from a variety of their peers was the value driver this time around. Speakers ranged from global organizations like Ogilvy, WM (FKA as Waste Management) and Hewlett Packard to smaller company CFOs from areas ...
What’s the Best Time to Announce Earnings? | CFO.com
Jan 17, 2018 · They found that those made close to either the opening or closing bell are less volatile than those made further away from those hours. For example, an announcement made at 6:00 a.m. Eastern time tends to be more volatile than one made at 9:00. The researchers hypothesize that the difference is explained by investors needing time to process the ...
A modern approach to cash flow management | CFO.com
Oct 8, 2024 · Championing modern cash flow management. With the right mindset, you can become a cash flow catalyst, advocating for a modern approach to cash flow management. In an era where cash is tight, moving beyond traditional methods and adopting strategies that prioritize automation, collaboration, and real-time insights is crucial.
Own your unclaimed property management role | CFO.com
Oct 10, 2024 · Opinions are the authors’ own. Unclaimed property exposures can meaningfully impact the dynamics of mergers and acquisitions. Effective management of these issues during a deal and shortly thereafter is critical to effectively managing financial statements and financial reserves. Often, they are an overlooked aspect of deals.
Jamie Dimon warns of geopolitical risks on US economy
Oct 15, 2024 · Beyond geopolitics, Dimon’s concerns extend to domestic economic issues, especially the rising national debt, which he has spoken about extensively. The national debt has exceeded $35 trillion, and in May, the interest payments on the debt exceeded the U.S. defense budget for the first time in history. The current national debt-to-GDP ratio ...
86% of controllers expect their roles will change in five years
Oct 2, 2024 · According to their most recent report titled DNA of the Financial Controller Survey, 86% of controllers surveyed said they expect their role to change significantly over the next five years. Twenty-six percent of controllers also said that in five years, the role will have a very different and unknown skill set compared with today.