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CFO JOURNAL

EY and PwC Diverge in Choice of Global Head

EY and PwC Diverge in Choice of Global Head

Mark Maurer

Two of the worldโ€™s largest accounting firms picked global chairs with starkly different backgrounds but tailored to the specific problems they are facing, from governance issues to slowing revenue growth.1

CFOs Review Holiday Promotions as Consumer Spending Cools

CFOs Review Holiday Promotions as Consumer Spending Cools

Jennifer Williams-Alvarez and Kristin Broughton

Companies are looking for new ways to entice holiday shoppers while consumers are spending less at stores and the economy is cooling.

EY Picks Janet Truncale as Global Chair as Accounting Firm Looks Beyond Failed Split

EY Picks Janet Truncale as Global Chair as Accounting Firm Looks Beyond Failed Split

Mark Maurer

The financial services executive will be the first woman to serve in the role.

Fintech Lender Affirm Is Poised to Expand in a Higher Rate Environment, CFO Says

Fintech Lender Affirm Is Poised to Expand in a Higher Rate Environment, CFO Says

Kristin Broughton

Customers are willing to pay higher rates for short-term loans, according to Michael Linford, finance chief of the buy-now-pay-later company.

Yelp Profit Soared With Help From IRS Guidance on R&D Tax Deductions

Yelp Profit Soared With Help From IRS Guidance on R&D Tax Deductions

Jennifer Williams-Alvarez and Mark Maurer

A one-time tax adjustment boosted third-quarter earnings as Yelpโ€™s effective tax rate ended up being much lower than it expected.

EY Lays Out U.S. Governance Overhauls After Failed Split

EY Lays Out U.S. Governance Overhauls After Failed Split

Mark Maurer and Alexander Saeedy

Ernst & Young is stepping up its U.S. governance overhaul efforts, a bid to give partners there a greater voice in firm strategy following the failed separation of its audit and advisory businesses earlier this year.

Finance Chiefs Take Measured Approach to Using Real-Time Payments

Finance Chiefs Take Measured Approach to Using Real-Time Payments

Kristin Broughton

For CFOs a key selling point of systems like the Federal Reserveโ€™s FedNow is the ability to closely manage working capital.

Chipotleโ€™s Labor Costs Are Rising. Customers Will See It in Pricing.

Chipotleโ€™s Labor Costs Are Rising. Customers Will See It in Pricing.

Jennifer Williams-Alvarez

The fast-food chain plans to offset higher labor costs in California with price increases in the state.

Big Companies Push Back on Proposed Expansion of Disclosure on Expenses

Big Companies Push Back on Proposed Expansion of Disclosure on Expenses

Mark Maurer

Apple, Charter, Starbucks and other corporate giants are expressing concern about the Financial Accounting Standards Boardโ€™s plan, with some saying it would pose a cost burden and have limited benefit to their investors.

Former Inspectors of Public-Company Audits Say Process Needs Retooling

Former Inspectors of Public-Company Audits Say Process Needs Retooling

Mark Maurer

New academic study suggests that the U.S. auditing watchdogโ€™s inspections program, from transparency to training, still needs work.

17

A Tax Rule Change Is Threatening the Survival of Some Businesses

A Tax Rule Change Is Threatening the Survival of Some Businesses

Jennifer Williams-Alvarez

A tax code change that impacts how companies account for research and development costs is walloping businesses of all sizes.

Latest News

Bain to Buy Guidehouse in $5 Billion Deal

The consulting firm spun off from PwC in 2018.

PwC Names Advisory Head as New Global Chair

Mohamed Kande is expected to succeed departing chair Robert Moritz next summer pending approval from PwCโ€™s member firms.

Follow @WSJCFO

Sign Up for CFO Newsletters & Alerts

5 Things CFOs Should Know About Generative AI

Big Four Accounting Firms Pare Their Consultant Ranks in Postpandemic Reversal

KPMG Plans $2 Billion Investment in AI, Cloud Services

โ€˜It Can Be a Bit Polarizingโ€™โ€”Finance Chiefs Weigh Return-to-Office

Businesses Aim to Harness Generative AI to Shake Up Accounting, Finance

Executives Quiet Their Sustainability Talk on Earnings Calls Amid Growing Culture War

Lessons from the CFO

Carnival Is Feeling Pinch of Higher Fuel Costs, May Raise Prices4 min read

Pet Owners Resort to Cheaper Food as Inflation Weighs on Wallets4 min read

UPS Aims to Offset Costs From New Labor Contract4 min read

WSJ CFO Network

Finance Chiefs Are Optimistic Any Recession Will Be Short, but Challenges Remain7 min read

EYโ€™s Split Faces โ€˜No Tremendous Hurdles,โ€™ CEO Says3 min read

GEโ€™s Finance Chief Sees Future for AI Across Companyโ€™s Business3 min read

CFO Moves

Disneyโ€™s New CFO Brings Experience to Companyโ€™s Activist Investor Battle4 min read

Advance Auto Parts Finance Chief Exits Amid Leadership Shakeup1 min read

Uber Looks for New CFO as Nelson Chai Plans to Step Down in January2 min read

  • Learning and Development for the Workforce of the Future

    By tying learning and development to strategy, organizations can more intentionally invest in preparing talent for future workplace needs, which can benefit entities, people, and society alike.

  • AI in Corporate Boardrooms

    AI is not new, but its rapid expansion suggests boards may want to consider how it is used, managed, and overseen; potential emerging risks; and what policies or frameworks it might require.ย 

  • The CFO Agenda: Enterprise Risk and Regulation

    Asking tough questions and ensuring organizations are prepared for the best- and worst-case scenarios can be a daunting assignment. Itโ€™s also one that often falls on the desks of CFOs.

CONTENT FROM OUR SPONSOR:DELOITTE

The Wall Street Journal news department was not involved in the creation of this content.

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