Private firms, not-for-profits reckon with CECL
CFO Dive
MARCH 18, 2024
Many not-for-profits and private companies are just beginning to grapple with the new rules for current expected credit loss accounting.
This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
CFO Dive
MARCH 18, 2024
Many not-for-profits and private companies are just beginning to grapple with the new rules for current expected credit loss accounting.
Cube Software
JUNE 5, 2025
What is a P&L (profit & loss) statement? When businesses have a clear, accurate view of how much theyre profiting, they can make smarter investments, adjust pricing strategies , and improve profitability over time.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Doing More With Less: The Modern Finance Miracle
How To Overcome Change Fatigue In Finance With Neuroscience-Backed Strategies
From Curiosity to Competitive Edge: How Mid-Market CEOs Are Using AI to Scale Smarter
Protect What Matters: Rethinking Finance Ops In A Digital World
Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future
CFO Dive
FEBRUARY 10, 2023
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.
Doing More With Less: The Modern Finance Miracle
How To Overcome Change Fatigue In Finance With Neuroscience-Backed Strategies
From Curiosity to Competitive Edge: How Mid-Market CEOs Are Using AI to Scale Smarter
Protect What Matters: Rethinking Finance Ops In A Digital World
Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future
CFO News Room
FEBRUARY 5, 2022
State-run gas transporter GAIL ’s net profit increased 121.1% crore on a standalone basis in the quarter ended December, as the natural gas marketing business — GAIL’s largest revenue earner — reported a before-tax profit of Rs 1,749.7 crore against a loss of Rs 73.7 GAIL revenue increased 65.9% y-o-y to Rs 26,427.4
Speaker: Debra L. Robinson
📊 Profit & Loss and Balance Sheets decoded for max impact. We’ll dive into: 💡 The truth about cash flow and why it matters more than you think. 🤝 How CPAs can be more than number crunchers – become the cash flow whisperer. 💰 Secrets to untangling total expenses, cash outlay, and production.
CFO News
MAY 26, 2025
Starbucks India witnessed a 5 percent sales increase, reaching Rs 1,277 crore, but its losses widened by 65 percent to Rs 135.7 Despite launching 58 new outlets and expanding into 19 new cities, profitability was impacted by subdued demand in the QSR sector. crore in FY25.
CFO News Room
FEBRUARY 2, 2022
startled investors with a sharper-than-expected decline in profits and a gloomy outlook in its first earnings report since Chief Executive. and Canada, two of the company’s most profitable markets, the results show. billion profit for the fourth quarter, below analyst expectations of $10.9 Facebook parent. Meta Platforms Inc.
CFO Simplified
APRIL 17, 2022
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.
CFO News
MAY 11, 2025
Manappuram Finance reported a 203 crore consolidated Q4 loss due to severe stress at Asirvad Micro Finance. Standalone profit dipped slightly, while a 500 crore equity infusion was announced to support the troubled subsidiary.
CFO News
MAY 8, 2025
Muthoot Microfin faced a significant setback, reporting a net loss of Rs 401 crore in the fourth quarter due to a surge in provisions for bad loans and breaches in borrowing covenants. The asset quality crisis led to a full-year net loss of Rs 223 crore, contrasting with the previous year's profit.
PYMNTS
SEPTEMBER 21, 2020
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.
CFO Dive
APRIL 13, 2023
The apparel rental service narrowed its losses in Q4, with revenue and active subscribers up from last year.
CFO Plans
MARCH 17, 2025
Flipping real estate properties is an enticing venture, promising substantial profits for those who master its intricacies. This strategy is essential in preventing Budget Overrun in Flipping Houses, a common issue that can erode potential profits.
Musings on Markets
JANUARY 31, 2024
Since businesses invest that capital in their operations, generally, and in individual projects (or assets), specifically, the big question is whether they generate enough in profits to meet these hurdle rate requirements. While private businesses are often described as profit maximizers, the truth is that if they should be value maximizers.
CFO Thought Leader
MAY 13, 2025
That discipline took shape after the 201718 catastrophe losses, when Ingram led a rigorous reunderwriting that bolstered profitability and reserves. Drawing on decades of loss data and hundreds of engineercaptured risk points, his team now deploys AI models to rank mitigation projects for FMs 1,600 core policyholders.
PYMNTS
DECEMBER 10, 2020
All the while, “stuck banks” have been mired in the profits and losses (P&L) issues and internal fiefdoms fighting with each other over limited resources, he said. Meanwhile, neobanks have quickly come onto the scene and made the financial experience much better in terms of information and how it's presented, McCarthy said.
Nerd's Eye View
NOVEMBER 22, 2024
Also in industry news this week: Why the announced acquisition of RIA custodian TradePMR by retail brokerage firm Robinhood could prove to be a boon for RIAs on TradePMR's platform, who could receive a wave of referrals from Robinhood's massive base of next-generation retail clients How Morningstar is cutting the "Medalist Ratings" of thousands of (..)
CFO News
MARCH 18, 2025
If profits are overstated due to unreported losses, the entire financial picture is distorted, cant just look at the net worth, stated former ICAI President Amarjit Chopra.
CFO News Room
NOVEMBER 5, 2022
in premarket trading despite reporting a smaller-than-expected quarterly loss and revenue that topped Wall Street forecasts. after reporting better-than-expected quarterly revenue, even though its loss was larger than analysts had anticipated. Cinemark (CNK) – The movie theater operator’s stock rallied 6.5% Warner Bros.
Global Finance
OCTOBER 29, 2024
Abu Dhabi Development Holding Company (ADQ) has agreed to acquire a 96% stake in Bank Audi’s loss-making Turkish subsidiary, Odeabank, as the United Arab Emirates deepens economic relations with Turkey. This transaction aligns well with Bank Audi Group’s present strategic focus on its home market as well as its presence in Europe,” he added.
Barry Ritholtz
APRIL 15, 2025
Think of this as the discounting function of the markets, assessing a range of corporate revenues and profits over the next four quarters. equities implies a significantly lowered set of revenues and profits the following year. The market volatility has been a real-time attempt to assess those probabilities.
Global Finance
FEBRUARY 28, 2025
Criticisms of the VC partnership model include: unrealistic growth expectations placed on startups, potential for misaligned incentives between founders and investors, a focus on short-term profits over long-term sustainability, pressure to make quick decisions that might not be in the best interest of the company, and the loss of control for founders (..)
CFO Talks
NOVEMBER 29, 2024
Notably, she reversed a decade-long loss at Coca-Cola, doubled profits, and restructured major funding. We ensure that profitability goals and community needs are met simultaneously, recognizing that long-term success depends on the well-being of the communities in which we operate. Leana van der Merwe: Thank you, Elizabeth.
CFO Talks
JUNE 11, 2025
Leadership teams could not reliably distinguish between profitable and loss-making divisions. In more than one organisation, it took an outsider to unpack flawed cost allocations, identify duplication, and remove legacy assumptions about profitability. When job losses are unavoidable, it is better to be transparent.
CFO News
MAY 21, 2025
IndusInd Bank is investigating former key management personnel for potential accounting fraud, leading to a significant net loss of 2,328 crore in Q4 and a 71% drop in FY25 net profit. The probe revealed concealed wrongful practices and misleading information to the board and auditors.
CFO News Room
NOVEMBER 4, 2022
Check out the companies making the biggest moves midday: Starbucks — The Seattle-based coffee company jumped nearly 9% after reporting quarterly profit and revenue that topped expectations. Block — Shares jumped 10% after the mobile payments company surpassed profit and sales expectations in its third-quarter results.
CFO News
MAY 20, 2025
Under the Insolvency and Bankruptcy Code (IBC), companies can offset losses of the insolvent firm against profits. BPSL had 7,000 crore in losses, which it offset after becoming profitable post-acquisition.
CFO Talks
FEBRUARY 27, 2025
It means making decisions based on what is right rather than what is easy or profitable in the short term. Businesses that engage in unethical practices may gain short-term profits, but they risk losing their reputation, which can take years to rebuild. Executives engaged in accounting fraud to hide losses and mislead investors.
CFO Talks
NOVEMBER 20, 2024
Missing a deadline isn’t just embarrassing; it can lead to penalties, delisting threats, or a loss of investor confidence. How do you explain to investors why your profits appear strong in one currency but less so in another? This gives your team breathing room and ensures you don’t rush to meet critical deadlines.
CFO News Room
NOVEMBER 3, 2022
after the company reported a smaller-than-expected quarterly loss as well as revenue that topped analyst forecasts. UBS highlighted Tal’s strong topline beat and improved profitability outlook. after Royal Caribbean reported third-quarter earnings that beat profit and sales forecasts. per share loss.
CFO Talks
NOVEMBER 25, 2024
It’s when you’re forced to weigh conflicting priorities—profit versus integrity, loyalty versus legality, or personal values versus organisational goals. What’s at Stake: Misrepresentation might boost short-term results but exposes the company to legal liabilities, loss of investor confidence, and reputational harm.
The Finance Weekly
JANUARY 13, 2025
Return on Equity (ROE) is one of those go-to metrics that financial leaders and investors love to use when figuring out how well a company turns shareholders' equity into profits. At its core, ROE measures how efficiently a company uses its net assets (shareholders' equity) to generate profit. What Is Return on Equity (ROE)?
CFO News Room
NOVEMBER 10, 2022
Nio (NIO) – The China-based electric car maker posted a wider-than-expected quarterly loss, but said it expected deliveries to nearly double in the current quarter from a year ago. in the premarket after it reported a wider-than-expected quarterly loss. Nio shares jumped 5.5% in premarket trading. Rivian (RIVN) – Rivian rallied 8.2%
CFO News Room
FEBRUARY 3, 2022
Diversified conglomerate ITC on Thursday reported a 12.69% year-on-year (y-o-y) rise in its standalone net profit to Rs 4,156.20 crore net profit for the third quarter last fiscal. crore, while operating profit from the segment increased by 14.42% y-o-y at Rs 3950.71 crore, while the segment posted an operating profit of Rs 50.56
CFO News Room
JANUARY 19, 2023
Alcoa’s adjusted fourth quarter loss was 70 cents per share, narrower than the 81 cent loss expected, according to StreetAccount. However, the company’s adjusted EBITDA — a profit metric that includes fewer expenses than net income — missed estimates. Alcoa — Shares of the aluminum company fell 4.6%
Nerd's Eye View
NOVEMBER 12, 2024
What's unique about Larry, though, is how he is able to get clients comfortable with taking equity market risk using an approach that actually puts 85% or more of client funds in Treasuries (effectively creating a floor on potential losses) while investing the rest into options on equity indexes to offer potential upside that still can approximate (..)
CFO News Room
FEBRUARY 4, 2022
Technology shares are leading losses after Facebook parent Meta Platforms surprised investors with a bigger-than-expected profit drop. billion profit in the recent quarter. Eli Lilly reported quarterly profit and revenue that beat forecasts. Apple and Tesla were also down. ConocoPhillips reported a $2.6
CFO News Room
JANUARY 13, 2023
bank by assets rose more than 2% after the firm posted fourth-quarter profit and revenue that topped expectations. The New York-based bank said profit jumped 6% from the year earlier period to $11.01 The bank set aside $957 million for credit losses after reducing its provisions by $452 million a year ago. billion, or $3.57
CFO Thought Leader
MAY 21, 2025
When a restaurants weekly salmon order suddenly spikes in price, EmmaWhelan wants chefs adjusting menus the next morningnot tallying losses a month later. When a restaurants weekly salmon order suddenly spikes in price, EmmaWhelan wants chefs adjusting menus the next morningnot tallying losses a month later.
CFO News Room
DECEMBER 21, 2022
Rite Aid — Shares of Rite Aid dropped nearly 14% in midday trading after the pharmacy operator reported a quarterly loss, though a smaller-than-expected one, and lowered its full-year financial guidance citing seasonal markdowns among other issues. The company also beat earnings expectations, but profits fell from the same period last year.
Barry Ritholtz
MAY 19, 2025
BBC ) The Five Days That Destroyed the Celtics Dynasty : The Boston Celtics suffered a shocking playoff loss to the New York Knicks. The firm, which was founded in 1993, manages ~$5B in assets; they have become known for donating 50% of their annual company profits to non-profit organizations.
CSC Advisors
DECEMBER 17, 2024
Profitability While not all businesses applying for SBA loans must be highly profitable, they must demonstrate the ability to repay the loan. This reassures lenders that they have a way to recover losses in case of default. This shows lenders that you can manage your finances responsibly.
CFO Talks
JUNE 12, 2025
Leading a company from financial loss to profitability requires far more than cost-cutting or boosting revenue. In the early stages of a turnaround, a finance leader often needs to challenge long-held assumptions about the profitability of business units, the viability of projects, and the cost of continuing legacy operations.
Barry Ritholtz
DECEMBER 11, 2023
billion in retail inventory losses in 2021 was not “attributable to organized retail crime.” retailers retracted its claim that “organized retail crime” accounted for nearly half of all inventory losses in 2021 after finding that incorrect data was used for its analysis.” No, “ nearly half ” of $94.5
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content