by Controllers Council | Oct 31, 2022 | CFO Insights, Crisis Management, Economics/Economy
A recession is expected in North America by 2023, but are CFOs more afraid of recession or inflation in this country? A recession is a significant, widespread, and prolonged downturn in economic activity. Inflation is a rise in prices, which can be translated as the...
by Controllers Council | Oct 25, 2022 | CFO Insights, Corporate Finance, Crisis Management, Economics/Economy, HR/Talent
In the last few months, some of the country’s biggest companies have lost their finance chiefs. Studies show that Fall is a period of high CFO turnover. Take a look at a recent Wall Street Journal article to learn about finance chiefs switching jobs as companies face...
by Controllers Council | Jul 18, 2022 | Controller Insights, Crisis Management, Economics/Economy
In the world of business, no one is immune to recessions. Controllers are often the ones who must manage through these difficult times by making tough decisions and implementing strategies to keep their companies afloat. Although there’s no one-size-fits-all...
by Controllers Council | Apr 1, 2020 | COVID-19, Crisis Management
Crises happen. Sometimes they’re internal, or as you’ve seen in the last month, sometimes they’re external. As a controller, now is probably one of the most stressful times you’re facing. It’s also one of those ‘call to greatness’ moments for your role. After all,...
by Controllers Council | Mar 31, 2020 | Accounting, Corporate Finance, COVID-19
Whether it’s due to a work-from-home requirement passed down by state or federal governments, or regularly scheduled vacation time during the summer, business doesn’t stop because a person isn’t in the office. Suppliers still expect to be paid, orders need to be...