Bovell Financial

09/03/2026

This week Ernst & Young announced that they are investing $100M to reward employees who deliver exceptional client service, drive innovation, and advance the firm's culture. They are looking to reward future focused employees. Read more here!

https://www.cfodive.com/news/ey-puts-100m-push-future-ready-workforce-compensation/829293/

The Big Four accounting firm is looking to reward employees who drive “meaningful change” through innovation, disruption, technology or growth.

09/01/2026

A former CFO of a charity in Texas was sentenced to 5 years for embezzling over $2M from the non-profit in a mobile check scheme. He was charged with forging signatures and depositing the checks into his personal account. Read more here!

https://www.cfodive.com/news/texas-charitys-ex-cfo-sentenced-5-years-mobile-check-scheme/829203/

Jeffrey Keehn used embezzled funds to support a lifestyle that included two residences, an SUV, and gold and platinum coins, prosecutors said.

08/27/2026

According to recent data the average age of new CFOs fell to 48.2 years old from 51.9 years old last year. This would make them roughly five years younger than CEOs. This comes as Gen Xers take the reins. Read more here!

https://www.cfodive.com/news/new-cfos-getting-younger-genxers-take-reins-crist-kolder/828871/

“Gen X is geared to have the next big power swing,” Josh Crist, co-managing partner at executive search firm Crist Kolder Associates, told CFO Dive. 

08/25/2026

As some tariff refunds roll in Costco fights a proposed class action suit files by customers to recoup some of the tariff refunds. Costco is stating that they have not received all the refunds they are entitled to and can figure out how to handle those refunds once they've received them all. Read more here!

https://www.cfodive.com/news/costco-fights-customers-tariff-suit-refunds-flow/828644/

With Costco now recouping some IEEPA duties, the customer’s attorneys said one of the retailer’s primary legal arguments against member refunds had “evaporated.”

08/21/2026

In today's dynamic business landscape, navigating growth challenges is crucial. A CFO's strategic compass is essential for guiding organizations toward success. Join us as we explore innovative strategies and collaborative solutions to tackle these challenges.

08/20/2026

A new survey shows that 54% of U.S. households did not save any money last month. This information highlights how the rising cost of goods and gasoline are impacting consumers' buying power. Inflation has surpassed the 2% target of the Federal Reserve for more than 5 years. Read more here!

https://www.cfodive.com/news/most-consumers-save-no-money-inflation-erodes-buying-power-ey-Fed-Federal-Reserve/828065/

The share of credit card balances delinquent for more than 90 days rose to 12.8% in the first quarter of this year from 7.6% in the third quarter of 2022, the Federal Reserve Bank of New York reported.

08/19/2026

The Federal Reserve stated this week that U.S. manufacturing is growing at a steady pace. Although production fell short of forecasts it met expectations of slower but constant economic growth. Read more here!

https://www.cfodive.com/news/us-manufacturing-grows-steady-pace-led-business-equipment-fed/828194/

08/14/2026

Are you ready to fuel your business's growth journey? Our strategic CFO services are designed to empower organizations to reach new heights. With expert financial insights and tailored strategies, we help businesses navigate the complexities of financial management and drive sustainable growth.

08/13/2026

A former hedge fund CFO pleads guilty to $3M embezzlement scheme. The former finance chief admitted to using fake invoices, charges to company credit cards, and unauthorized cash transfers to pull of the scheme. He will be sentenced in November by a Federal judge. Read more here!

https://www.cfodive.com/news/ex-hedge-fund-cfo-pleads-guilty-3m-embezzlement-scheme/827727/

The former finance chief used fake invoices and put unauthorized personal expenses on credit cards to steal money from his employer, prosecutors said.

08/12/2026

After a data breach Big Four accounting firm Ernst & Young is facing a proposed class action lawsuit. The suit alleges that the firm failed to protect sensitive data such as tax and financial information. Do you think companies should be sued for data breaches? Read more here!

https://www.cfodive.com/news/ey-faces-proposed-class-action-data-breach-cybersecurity/825742/

The lawsuit alleges the firm failed to protect sensitive tax and financial information exposed through an IT support platform.