The Latest
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PCAOB slams Hong Kong auditor of Luckin Coffee
Luckin Coffee hired the Hong Kong-based auditing firm soon after settling fraud charges brought by the Securities and Exchange Commission in 2020.
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Trump releases AI action plan targeting regulatory ‘red tape’
The plan states that AI-related federal funding should not go to states with burdensome rules on the technology.
Updated 13 hours ago -
Trump’s tariffs: Tracking the status of international trade actions
The U.S. has rolled out a deluge of tariffs, sparking responses from trading partners. Here's where each tariff – threatened or realized – currently stands.
Updated July 23, 2025 -
Deep Dive
GENIUS Act leaves stablecoin accounting, risk gaps
The GENIUS Act opens the door for greater stablecoin adoption — but it still leaves crucial accounting and compliance questions left unanswered for CFOs.
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Tracker
Tracking 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.
Updated July 15, 2025 -
IPOs surge 35% in H1 despite policy shifts, market volatility: EY
Global capital markets this year are apparently adapting to political and geopolitical shocks, improving the outlook for IPOs, EY said.
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SEC appoints George Botic as PCAOB acting chair
PCAOB “lifer” George Botic will take over as acting chair for the audit watchdog, which won a narrow reprieve after a provision to fold it into the SEC was removed from the “Big Beautiful Bill.”
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White House poised to unveil plan easing AI regulation
An executive order signed by President Trump in late January called for the development of an “AI action plan” within 180 days.
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Most cyber risk programs ignore finance teams: Qualys
Only 22% of companies involve finance teams in the risk management process for IT assets, researchers found.
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Florida governor, CFO launch DOGE-style local government audits
The Florida’s DOGE audit announcements come roughly a week after Gov. Ron DeSantis appointed Blaise Ingoglia to become the state’s finance chief.
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Tariffs to slow spending, economic growth during H2: Conference Board
Consumers face an average effective tariff rate of 20.6% and a 2.1% short-run increase in prices, the Yale Budget Lab said.
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Office workstations could get even smaller: JLL
Many employers rightsizing their real estate to align with the hybrid work era are planning to shrink the office space they allot each worker, a report finds.
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Instant paychecks pose moral dilemma for Yooz CFO
The accounts payable software company may offer earned wage access benefits to employees. Yooz CFO John Gronen has reservations.
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Consumer sentiment edges up on expectations inflation will cool
Recent stability in consumer sentiment coincides with mixed signals on employment and retail sales.
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Powell defends Fed renovation in letter to Vought
The OMB chief said representatives from his agency aim to visit the central bank site “in the next week.” Meanwhile, a potential successor at the Fed pushed a vision for partnership with the Treasury.
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Retail sales jump despite consumer worries about tariffs, jobs, economy
The report of robust spending coincides with warnings by several Federal Reserve officials that import duties in coming months will push up prices.
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IMAX, Orbia CFOs advise wait-and-see tariff approach
It’s important to keep a watchful eye on U.S. tariff policies as they continue to shift — but sometimes, the most strategic move may be none at all, top financial leaders said.
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Nordstrom poaches Dollar General CFO Kelly Dilts
The retail industry veteran is jumping from a budget retailer to one that is known for luxury and upscale customer service.
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Saks Global taps Neiman Marcus vet as CFO
Brandy Richardson was most recently at Tailored Brands and joins the luxury retailer at a financially tricky time.
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DeSantis taps state senator for Florida’s high-profile CFO post
Florida State Sen. Blaise Ingoglia, who pledged to stand for “fiscal sanity,” is taking one of the country’s most closely watched state finance chief seats. He succeeds Jimmy Patronis.
Updated July 16, 2025 -
Williams resigns as PCAOB chair as Trump shakes up financial regulation
President Donald Trump this year has followed up on a campaign pledge to soften regulation across the full range of U.S. industries, including financial services.
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Few firms in ‘transformation’ phase of AI deployment
While adoption is growing, organizations across all maturity levels face barriers that can slow or stall progress, consulting firm Protiviti said.
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Renault CFO named interim CEO as automaker slashes guidance
Duncan Minto will step into the interim CEO seat of the French automaker after it cut its full-year cash flow expectations.
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California’s CPA bill advances as clock ticks toward deadline
The accounting industry is closely watching the densely populated Golden State as any licensure changes there are expected to have an outsized impact on the profession.
Updated July 16, 2025 -
Inflation rises to 2.7% as companies shift tariff costs to consumers
Persistent inflation prompted traders in interest rate futures to all but rule out a reduction in borrowing costs during a Federal Reserve policy meeting on July 29-30.