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Private firms, not-for-profits reckon with CECL

CFO Dive

Many not-for-profits and private companies are just beginning to grapple with the new rules for current expected credit loss accounting.

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Credit Suisse reportedly pulls C-suite, banker bonuses

CFO Dive

The Swiss bank is aiming to incentivize executives with long-term awards as it attempts to return to profitability. It reported its second consecutive annual net loss.

Banking 301
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The Future of Finance and Sustainability with Elizabeth Burns

CFO Talks

Elizabeth Burns, CFO of Gas du Cameroon (GDC), exemplifies this balance, demonstrating how strategic financial leadership can support environmental responsibility. Similarly, Pieter De Jager, CFO of Tanga Cement, pointed to the complexity of transitioning to renewable energy sources. Elizabeth, thank you so much for joining us.

Finance 98
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Cross-Listed Companies, Navigating International Reporting Standards 

CFO Talks

As the CFO, you need to bridge these worlds effectively. As a CFO, you’re not just preparing one financial report—you’re preparing two, and they need to align without creating confusion for your investors. Missing a deadline isn’t just embarrassing; it can lead to penalties, delisting threats, or a loss of investor confidence.

IFRS 98
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How to Calculate Your Profitability: A Case Study

CFO Simplified

As Iowa State University reminds us, “profitability is the primary goal of all business ventures.”. Business leadership is often responsible for measuring current, past, and future profitability. But what is profitability? This CFO Simplified client watched profitability slowly disappear—until they incurred a $125,000 loss.

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Rent the Runway names new CFO as it slogs toward profitability

CFO Dive

The apparel rental service narrowed its losses in Q4, with revenue and active subscribers up from last year.

CFO 130
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Lime CFO On Riding Toward A Profitable Future

PYMNTS

Lime wants to be the first micro-mobility company to be profitable for the full year as of 2021. Ellis said COVID-19 has “fundamentally changed the profitability model of our business.”. Ellis said everything is on the table because it’s all relevant to Lime’s future profitability picture and ultimate corporate destination.