Corporate Finance

In the digital age, TouchTunes CFO banks on real-life experiences
TouchTunes CFO Andrew "Rusty" Russakoff接受CFO.com专访,分享其从工程背景到财务高管的职业路径,以及为何在数字时代仍对实体娱乐设备持乐观态度。


Dallas nonprofit’s ex-CFO sentenced to 5 years in prison: Trial Balance
Jeffrey Scott Keehn, former CFO of the Dallas Child and Family Guidance Center, was sentenced by U.S. District Judge Ed Kinkeade to five years in federal prison, followed by three years of supervised release, and ordered to repay $2.1 million after admitting to stealing over $2.1 million from the organization. Keehn committed fraud between September 2016 and January 2023 by forging signatures and splitting check amounts, using QuickBooks to conceal his actions. The government has seized approximately $800,000 of his assets.

Why this CFO left private equity to buy a 30-year-old Italian market
Jim Silvestri, a CFO with over a decade of experience, acquired A*S Pork Store in East Islip, Long Island, in July 2026 after two cancer diagnoses. This is a 30-year-old Italian food market. He applies his CFO financial mindset, carefully managing cash flow, gradually introducing technological tools and delivery services, while preserving traditional family recipes. Silvestri says this transition stems from a pursuit of life's meaning, not an impulsive decision.

KPMG Australia CEO Admits to 'Indefensible' Failings Amid Client Data Leak Inquiry
KPMG Australia CEO John Sams told a parliamentary committee that the firm's actions were 'indefensible' and that it must examine its culture, not just blame a few individuals. The admission comes amid allegations of client data leaks involving former COO Eileen Hoggett. The article also previews key U.S. economic data for the week of Aug. 17-21 and features a quote from Peter Stern, CFO of Brooklyn Sports & Entertainment.

GLP-1热潮推高药企库存,营运资金承压加剧
The Hackett Group 2026年北美营运资金调查显示,2025年制药业现金转换周期同比延长10%至185.8天,库存天数激增近16天至251.5天,主要受GLP-1及生物制剂需求驱动。收入增长7.7%至约4800亿美元,净利飙升77.5%,但库存与应收压力抵消了应付账款改善。

Hackett Report: U.S. Companies Face Record $1.94 Trillion 'Liquidity Challenge'
Hackett Group's latest working capital survey shows that in 2025, the total revenue of the largest 1,000 non-financial U.S. public companies grew by 6%, but the working capital opportunity reached a record $1.94 trillion, with the cash conversion cycle shortened to 38.4 days.

Audi CFO calls for comprehensive restructuring with Volkswagen Group: trial balance
Audi CFO Jürgen Rittersberger said on Monday that after second-quarter revenue fell 12.5% to 15 billion euros and operating margin dropped to 3.6%, below the 5%-7% target, the luxury carmaker must undertake broad reforms in cooperation with parent company Volkswagen Group. Audi also lowered its full-year outlook due to weak sales in China and the United States.