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Facebook CIO: Rapid App Development to Save $$
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CFOZone Experts

Opinions and views from expert CFOZone members.

Sep 14

CFOs lower plans to boost finance, accounting jobs

Posted by Stephen Taub in Robert Half, hiring, Finance, CFOs, CFO, Careers/Management, Accounting

Stephen Taub

Here is yet another reminder that job growth will continue to be slow for a period of time.

A survey by Robert Half found that an equal percentage of chief financial officers expect to boost hiring full-time accounting and finance professionals as those who plan to reduce their job ranks.

Sep 13

Tech CFOs scaling back offshore outsourcing

Posted by Stephen Taub in R&D;, outsourcing, manufacturing, IT spending, IT, Cash

Stephen Taub

Tech companies are souring on outsourcing.

According to a survey of 100 chief financial officers at technology companies by BDO USA, LLP, just 35 percent said they are currently outsourcing services or manufacturing to companies outside of the US. This represents a 43 percent decrease from the 2009 high when 62 percent of companies were outsourcing and a slight decline from 2010 (37 percent).

Sep 07

Facebook CIO: Rapid App Development to Save $$

Posted by jimfinnan97 in Untagged 

Tim Campos made an appearance at's Dreamforce 2011 recently to discuss the social media company's growth and his experiences from a recent major data center project under his direction.
Aug 31

AT&T; Merger: More US Jobs if Deal Approved

Posted by jimfinnan97 in Untagged 

AT&T Inc proposed acquisition of T-Mobile USA is currently under close scrutiny by U.S. regulators - as it should be. As a carrot AT&T has promised to bring 5,000 wireless call-center jobs back to the United States if the deal soon wins approval.
Aug 31

Pessimism Continues to Grip Executive Suites, Wall Street

Posted by Stephen Taub in Risk, ISM, Economist Intelligence Unit, Cash, BNY Mellon, ADP

Stephen Taub

The doom and gloomers are growing in numbers.

On a day when the ADP employment report for May showed slower job growth than expected and the ISM Manufacturing Index plummeted in May, at least two new reports were released indicating the business community and investors are becoming increasingly nervous about the future.

Aug 30

Gen X employees poised to lead job exodus

Posted by Stephen Taub in Millennials, jobs, job satisfaction, job dissatisfaction, Generation X, Deloitte, Careers/Management, Baby Boomers

Stephen Taub

Employers beware. Your rank and file is becoming increasingly restless as the jobs picture brightens.

Don't be surprised if you see an exodus of employee as more and more of your rivals post "hiring" signs on their websites.

Aug 24

San Fran tops list for finance jobs

Posted by Stephen Taub in jobs, Careers/Management, Accounting Principals

Stephen Taub

If you are looking for a finance-related job, move to San Francisco.

Accounting Principals, an accounting and finance staffing provider, says the Bay Area state tops its list of best cities to find a job in finance today. The ranking is based on internal data from its branches around the country, taking into account the volume of job openings in the past quarter.

Aug 19

CFOs expect to raise prices, but not employee pay

Posted by annearf in prices, Japan, economy, CFO, CEO compensation, career/management


The good: CFOs think the economy is on an upswing. The bad: They also believe the Japan disaster will impact the US. The ugly: More of them than before plan to raise prices. The uglier:  Even as CEO pay soars, most other employees can't expect the same for their compensation.

That's according to a biannual survey of CFOs conducted by Grant Thornton. It questioned 318 CFOs and senior comptrollers, 59 of whom were from the Northeast.

Aug 18

Succession planning a problem for many companies

Posted by Stephen Taub in succession planning, Careers/Management, CareerBuilder

Stephen Taub

If a top executive of your company suddenly wasn't able to work, who would take over? Chances are the answer is not clear.

It seems a large number of companies do not have a clear cut succession plan currently in place.

Jun 09

Audit fees rose 2 percent to $3.3 million: Report

Posted by Stephen Taub in Financial Executives International, compliance, Big Four, audit fees, accelerated filer

Stephen Taub

Publicly held companies paid on average $3.3 million in total audit fees for fiscal year 2010, an increase of two percent from the prior fiscal year, according to a new report from Financial Executives Research Foundation (FERF), the research affiliate of Financial Executives International.

The nearly 250 executives surveyed cited internal audit staff work, and changes in company operations as some of their primary reasons for the difference in fees.

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