Business and tech leaders admit their organizations aren’t looking before they leap. Fifty-eight percent of 1,000 CFOs and CIOs say they’ve yet to complete “a preliminary [emphasis ours] assessment of AI risks in their organization,” according to PricewaterhouseCoopers’s 2024 U.S. Responsible AI Survey. Yet only 13% of respondents are still in the AI exploration mode. […]
Not everyone likes Keurig K-Cup coffee. The quick-brew may be in millions of offices and company kitchens worldwide, but its detractors argue it’s not “real” coffee! The debate over taste and quality may be unsettled. What’s not in question any longer? K-Cups are most definitely not recyclable. K-Cup manufacturer Keurig Dr. Pepper will pay a […]
2024 is a great time to be employed for anyone who can create and read a balance sheet. Or manage an audit. Or close the books. You get the idea! The most successful companies in nearly every industry sector are searching for finance talent. Which shouldn’t be a surprise to CFOs and controllers who read […]
Federal rulemakers are requiring more transparency and detail in companies’ audits. Turns out all that extra detail is exactly what investors want. Ninety-three percent of investors want to analyze critical asset matters (CAMs) before potentially investing, according to a survey conducted by KRC Research on behalf of the Center for Audit Quality. (Caveat: Just 100 […]
AI and machine learning technology is giving companies an edge like they’ve never enjoyed before. Businesses can pinpoint exactly which customers (and which kinds of customers) are more likely to buy their products — and a whole lot more. Such as, when customers are more likely to shop and buy. And of course, at how […]
Public companies expect third-party audits to be thorough and accurate. Many aren’t getting the results they expect. The Public Company Accounting Oversight Board (PCAOB) is back with its annual report on broker and dealer (B&D) audits. The board reviewed compliance reports and exemption reports for 60 randomly selected auditing firms in 2023 (in previous years, […]
Businesses that let new customers sign up via a click of the mouse may be forced to make cancellation of a subscription just as easy. The so-called click-to-cancel rule proposed by the Federal Trade Commission (FTC) is on track to be finalized by this fall. Consumer rights advocates urged the commission to update its 1973 […]
Companies are sending their “road warriors” out at a rate not seen since 2019. A new study shows companies are allocating more of their budgets for travel costs through 2024 and into next year. Upward Climb with Uphill Struggles: 2024 Deloitte Corporate Travel Study reports that “travel spend could grow by 8% to 12% in […]
The U.S. Supreme Court (SCOTUS) handed down enough precedent-breaking decisions this spring to make anyone’s head spin. The upshot: Businesses can expect to see fewer costly rules from federal regulators over the next 10 years. ResourcefulFinancePro covered nearly all of these cases, from the time SCOTUS announced it would hear appeals of lower court rulings, […]
