Goldman Sachs lowers US recession risk to 20%: Trial Balance
WEBAug 19, 2024 · Part 1: Goldman Sachs lowers U.S. recession odds. Goldman Sachs lowered its 12-month U.S. recession probability to 20% from 25% after the latest weekly jobless claims and retail sales reports. On August 2, the investment bank raised its recession gauge from 15% to 25% after the unemployment …
Moving finance to the front of the business: Vertiv CFO David Fallon
WEBAug 22, 2024 · Considering the metrics that indicate growth for Vertiv, CFO David Fallon attributes a large portion of the company’s success to a complete transformation of operations. With the help of a new CEO, a reprioritization of the finance team’s role in the business and a culture that emphasizes leaving emotions at the door, Fallon expects to continue this trajectory of growth — as long as the ...
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.
PE firms set their sights on an M&A surge - CFO
WEBAug 21, 2024 · M&A decision-makers are optimistic overall about prospects for deals for the rest of this year and 2025. But the greatest enthusiasm comes from private equity executives, rather than their corporate counterparts. Well more than half (60%) of 50 deal professionals at PE funds, surveyed by KPMG in June, said that in 2025 they expect to be ...
90% of CFOs are outsourcing accounting functions | CFO
WEBAug 7, 2024 · CFOs are outsourcing major components of their accounting function as a result of lingering talent shortages. 65%. 48%. 31%. Accounts payable. Accounts receivable. Cash application. Source:Personiv Get the data Created with Datawrapper. The top areas for outsourcing are accounts payable (65%), accounts receivable (48%) and cash application (31%).
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 …
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 …
Building a global tech company from scratch: UST CFO Vijay …
WEBAug 20, 2024 · Listen to the article 8 min. Few CFOs have had the kind of experience Vijay Padmanabhan, CFO of the global digital solutions provider UST, has had in his career. He, alongside most of his executive team, has been with the same company for more than two decades. The impact he has had in scaling the business …
Metric of the Month: Cash-to-Cash Cycle Time - CFO
WEBSep 2, 2020 · Cash-to-cash cycle time, also known as the cash conversion cycle (CCC), measures the amount of time it takes for a company to convert resources like inventory or investments in production into cash from sales. CCC is a critical measure of a business’s health and cash efficiency. If cash isn’t coming in quickly enough or is tied up in excess ...
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 …
Skip to content