Feb. 25 - GameStop CFO to resign; CAO to step in | Biden tax hike to reduce output, jobs, wages

GameStop CFO to resign; successor expected to lead 'transformation'; KPMG auditors signed off on incomplete college financials; CFO aligns incentives using profits interest ownership structure; iHeartMedia exec moves to RV rental site Outdoorsy as CFO-COO View online | Signup | Forward

Daily Dive Feb.​ 25,​ 2021 | Today's news and insights for finance leaders   BROUGHT TO YOU BY — Nth Round Finally, software just for CFOs Modern CFOs and finance leaders are rethinking their role and how they can drive decisions and maximize growth. Powerful software can help. Learn more.   Biden's corporate tax hike would reduce output, jobs, wages, study finds Biden’s proposed increase in corporate tax would push up the U.S. federal-state combined tax rate to the highest level in the OECD, the Tax Foundation said. GameStop CFO to resign; successor expected to lead 'transformation' Jim Bell's tenure, less than two years in length, has been marked by retail store closures, depressed sales and a historic trading fiasco from which the brand is still recovering. KPMG auditors signed off on incomplete college financials The SEC penalized the auditors for their unprofessional conduct in allowing the College of New Rochelle to release a financial report before completing critical audit steps.    Sponsored Content by DataRails How can FP&A improve, accelerate and supercharge processes? Uncover how top finance departments are driving productivity with innovative tech. Learn more. CFO aligns incentives using profits interest ownership structure Executives of affiliated companies can get equity bonuses without triggering a tax obligation. iHeartMedia exec moves to RV rental site Outdoorsy as CFO-COO Michael Dougherty, who joined the company on Jan. 1, said the outdoor living marketplace is worth $1 trillion and growing amid the pandemic.  From the Archives 3 must-have CFO skills: Operating finance, strategy and communications Corporate finance experience is declining, while investment banking is rising, as a path to the CFO seat, CFO Dive data shows. Public accounting remains the gold standard. Read more news Featured Resources FROM: Celigo Automate Your Business Processes with Celigo Strategies for Improving Cash Visibility and Cash Flow in Uncertain Times How to Revamp Quote-to-Cash in a Changing IT and Business Landscape Turning Online Returns into Profit with Back-Office Automation From Our Library Playbook How COVID-19 Drives Digital Banking & Contactless Payments Criteo Playbook 5 Ways the CIO and CFO Can Align for SaaS Management Success Cleanshelf Trendline What CFOs need to know about robotic process automation Webinar - on demand Building Intelligent Forecasting Models That Drive Revenue in 2021 Prevedere View all resources What We're Reading The Mail & Guardian The challenges and opportunities for manufacturing CFOs, now and in the future The Wall Street Journal Court Clears Path for California’s Net-Neutrality Law The New York Times Biden Readies Executive Order to Bolster Critical Supply Chains Forbes Smart ESG Drives Business Results Suggest a story we should read Upcoming Events New Business Models: Best Practices to Embrace Business Model Innovation March 2, 2021 - March 2, 2021 | Webinar 12pm ET M&A and Divestitures: Best Practices to Capitalize on M&A and Divestitures March 16, 2021 - March 16, 2021 | Webinar 12pm ET Top Priorities for Business Leaders in 2021 March 17, 2021 - March 17, 2021 | Webinar 2pm ET How Finance Leaders Can Detect and Prevent Expense Management Fraud March 18, 2021 - March 18, 2021 | Webinar 2pm ET Dive Into a Topic Strategy & operations Financial reporting Compliance Technology Treasury Risk management Leadership Share CFO Dive: Daily Dive with others and get rewarded. You've referred 0 readers. To become an official Dive Insider, just successfully refer 10 contacts to CFO Dive: Daily Dive. Here's your link to share: https://www.cfodive.com/signup/insiders/?signup_referred_by=5f93078d7aa51972095c9316

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