The Latest
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Workday preps AI tool aimed at fraud, error detection in finance
The company is pitching a future where AI agents constantly perform tasks for CFOs — what Workday’s CEO has described as “lights-out finance.”
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Fermi shares slump after CEO, CFO step down
The company, which is developing private electric grids to deliver power at the scale needed for AI, was co-founded by former U.S. Energy Secretary Rick Perry.
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Former CEO, ex-CFO of AI company charged with fraud
The ex-CEO and CFO fabricated “virtually all” of the once $1.4 billion — now-defunct — AI company’s revenue, according to the charges.
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Q&AAI payoff remains distant as firms keep spending, PwC finds
Meaningful gains from AI are still at least a year away for most companies, as finance chiefs face growing pressure to deliver results.
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AI expansion fuels robust M&A despite supply shocks: EY
Dealmakers in coming months will need to take into account Middle East turmoil and other economic strains, according to EY-Parthenon Chief Economist Greg Daco.
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FASB cautiously advances new stablecoin guidance
The crypto industry has called for more clarity on stablecoin, but some critics say treating the assets as cash incorrectly signals they are safer than they are.
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PepsiCo CFO says inflation ‘will come’ as Iran conflict adds risk
PepsiCo maintained its outlook, but its CFO flagged the risk of increased inflation, adding to a growing chorus of corporate warnings.
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How CFOs can lead a smooth digital transformation: Wolters Kluwer
For today’s CFOs to effectively drive transformation, they need to keep their eye on processes — not the technology itself, Wolters Kluwer’s Maria Montenegro said.
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What CFOs should know about Trump’s tariff refund process
Finance leaders are expected to play a central role in steering companies through the claims process set to launch on Monday.
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Kimberly-Clark keeps Urdaneta as CFO of combined company
The Huggies parent laid out the organizational structure and executive leadership team it will put in place after its $40 billion acquisition of Kenvue closes in the latter half of this year.
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Fed policy ‘well positioned’ to handle risks from Iran war, Williams says
A war-induced oil supply shock “has begun to play out,” John Williams, vice chair of the Federal Reserve's policy-setting committee said, noting rising prices for groceries and other consumer goods.
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States diverge on OBBBA, complicating tax filing season
A growing number of states are decoupling from the federal tax overhaul or taking a selective approach, making compliance more tricky.
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Iran war prompts wait-and-see stance to pricing, hiring, investment: Fed
Many of the Federal Reserve’s 12 “districts continued to report signs of consumer financial strain, increased price sensitivity and rising demand at food banks,” the central bank said.
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Q&A5 takeaways on Maryland’s CPA pathways
CPA licensing reform shifts more of the responsibility for developing accountants to employers, Maryland Association of CPAs CEO Rebekah Olson says.
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Marsh doubles incentive opportunity for dual CFO, COO
Long-time Marsh finance chief Mark McGivney will take on additional duties as COO, helping to drive and evaluate the company’s strategy in his expanded role.
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IRS names professions qualifying for tax deductions on tipped wages
Just days before the April 15 tax deadline, employers got more clarity on significant changes to payroll and W-2 reporting changes they are facing.
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TrackerTracking CPA licensure paths: Removing the 150-hour-rule hurdle
State changes to licensing rules are chipping away at a decades-old system that has largely required CPA candidates to complete what effectively amounts to a fifth year of schooling.
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Payscale CFO calls for ‘always on’ comp talks
GenZ’s arrival in the workforce is one of the drivers behind the shift toward more transparent and frequent pay discussions, Payscale’s CFO said.
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FedEx CFO to leave in June
FedEx’s Claude Russ will step in as interim CFO while the company completes its spinoff of FedEx Freight, which is poised for strong revenue and profit growth, leaders said.
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Wholesale prices rise less than expected, showing slight impact from war
The ability of the U.S. to meet most of its energy needs buffers it against the worst of the current oil shock.
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CFOs embrace LinkedIn amid shift to more public-facing role
ServiceNow’s Gina Mastantuono and PayPal’s Jamie Miller are among finance chiefs using LinkedIn to take their message beyond the quarterly earnings call.
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Economy likely faces just temporary setback from Iran war: survey
The majority of survey respondents anticipate “the oil-price shock to be short-lived, with 59% expecting no or only a minor pass-through into core inflation,” according to Wolters Kluwer.
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Maryland passes CPA bill with October effective date
Since early last year about 39 states have passed laws or changed rules to ease the educational requirements for becoming a certified public accountant.
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Commvault ex-CFO returns to top finance seat after two-year gap
Gary Merrill will bring a “customer-centric” view to his second stint as Commvault’s CFO, after serving as its chief commercial officer for two years, the company said.
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OpinionCFOs face expanded mandate, pressures in a volatile 2026: Deloitte
Finance chiefs will need to lean further into AI and strategic leadership as uncertainty persists, according to Deloitte’s Steve Gallucci and Ed Hardy.
