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What It Takes to Be a Turnaround Pro - CFO
WEBAug 12, 2008 · Less than you think, probably. It may seem that any battle-scarred CFO would be armed with the skills it takes to transform into a turnaround specialist, parachuting into a distressed business, assessing its financial condition, and then handily dispensing any fiscal foes. All the options for cutting costs — which in many cases is the ...
Manage days payable outstanding to improve cash flow: Metric of …
WEBMay 8, 2024 · APQC puts median DPO at around 40 days across all industries. Organizations at the higher end of the spectrum (in the 75th percentile) sit at around 50 days. The lower end (25th percentile) is about 30 days. Determine if your DPO is high or low for your industry and business by comparing your …
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 …
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.
CFO Magazine Archive
WEBJan. 2016 Issue. CFO.com provides essential analysis and expert advice for Chief Financial Officers to tackle organizational challenges, manage major risks, drive organizational value, and maximize their personal career potential.
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 …
Corporate Finance News and Resources for CFOs
WEBJul 1, 2024 · August earnings update: CFOs of Affirm, Nvidia, Intuit, Eli Lilly, Yeti and Bumble offer outlook. Kelly Dilts discusses Dollar General’s customers’ purchasing behavior, Affirm has a “killer quarter” and Nvidia’s Colette Kress highlights new areas for growth. By Adam Zaki • Aug. 30, 2024.
2023 CFO Departures and Arrivals
WEBDec 27, 2023 · PayPal, Disney, Uber, and Stellantis were some of the companies that saw turnover in the CFO position in the last 12 months. With CFOs switching employers more often, our CFOs on the Move column was busy this year accounting for all the changes. The following entries cover some of the most noteworthy departures and arrivals in 2023.
First Person: Andy Fastow and Me - CFO
WEBApr 24, 2019 · First Person: Andy Fastow and Me. Published April 24, 2019. By Russ Banham. CFO Editorial Staff. Twenty years ago, CFO gave Enron finance chief Andrew S. Fastow a CFO Excellence Award in the category of “capital structure management.”. In a feature story naming him an award recipient, Fastow said, “Our story is one of a kind.”.