Compliance
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Michael M. Santiago via Getty Images
NY passes CPA pathways legislation as Florida punts
Since late last year at least 19 states — now including New York — have passed legislation providing alternative paths to CPA licensure to ease the accounting talent shortage.
By Maura Webber Sadovi • June 13, 2025 -
Anna Moneymaker via Getty Images
Trump says tariff deal with China is ‘done’
The proposed agreement, pending approval from both countries, sets 55% tariffs on imports from China and a 10% rate on U.S. products, the president said Wednesday.
By Philip Neuffer • June 11, 2025 -
Courtesy of Courtesy of Circle
Circle CFO takes post-IPO victory lap for stablecoin, company
The public offering represents an “accelerant” for Circle as it seeks to establish itself at the heart of a new “internet financial system,” CFO Jeremy Fox-Geen said.
By Grace Noto • June 5, 2025 -
Courtesy of CFO Leadership Council
Conagra will seek to mitigate steel tariffs’ impact on cans, CFO says
The branded snack and frozen food company’s CFO spoke at a conference Tuesday, just days after President Trump announced he would raise steel and aluminum tariffs from 25% to 50%.
By Maura Webber Sadovi • June 4, 2025 -
Worawee Meepian via Getty Images
Connecticut passes alternative CPA licensure bill
The legislation, which awaits signing by Governor Ned Lamont, includes a provision enabling licensed CPAs form other states in “good standing” to practice in Connecticut.
By Grace Noto • June 3, 2025 -
Hapabapa via Getty Images
Banking groups urge SEC to rescind Biden-era cybersecurity rule
The rule has exposed companies to liability risks while failing to provide investors with “decision-useful” information, the coalition said in a recent letter.
By Alexei Alexis • June 3, 2025 -
tacojim via Getty Images
Illinois passes CPA licensure bill with 2027 start date
Once signed into law, the legislation’s Jan. 1, 2027 effective date would allow time to set up rules needed to implement the changes, the Illinois CPA Society’s Martin Green says.
By Maura Webber Sadovi • May 28, 2025 -
Scott Eisen via Getty Images
Unions favored over big business more than any time in 60 years: EPI
While public support for unions has grown in recent years, they have not made significant inroads in worker representation.
By Jim Tyson • May 21, 2025 -
Matt Winkelmeyer via Getty Images
Regeneron agrees to purchase bankrupt 23andMe, protect data
The proposed sale is expected to close in the third quarter, subject to approval by the U.S. Bankruptcy Court for the Eastern District of Missouri.
By Alexei Alexis • May 19, 2025 -
Courtesy of FASB
FASB clarifies rules for warrants, share-based payments
The GAAP update will affect how companies account for share-based financial instruments such as warrants that they grant to customers as a kind of rebate to incentivize purchases.
By Maura Webber Sadovi • May 16, 2025 -
David Ryder via Getty Images
South Carolina, Oregon join states removing 150-hour CPA hurdle
In recent months over a dozen states have passed legislation easing licensure requirements for CPAs as part of a workforce development push to fix the accounting shortage.
By Maura Webber Sadovi • May 15, 2025 -
Pete Marovich via Getty Images
US, China agree to reduce tariff rates for 90 days
By Wednesday, the two countries will charge 10% baseline duties during the period and remove certain retaliatory levies that pushed rates over 100%.
By Philip Neuffer • May 12, 2025 -
Zach Gibson via Getty Images
House committee votes to scuttle PCAOB, make SEC auditor watchdog
Democrats on the Financial Services Committee condemned efforts to eliminate the PCAOB, quoting Republicans who championed creation of the board in 2002.
By Jim Tyson • May 1, 2025 -
Courtesy of PCAOB
PCAOB chair ‘deeply troubled’ by GOP proposal to abolish agency
The disruption to inspections of public accounting firms while a new program gets up and running could last years, PCAOB Chair Erica Williams said.
By Alexei Alexis • April 29, 2025 -
Sakorn Sukkasemsakorn via Getty Images
FASB’s draft rules could harm environmental credit markets, EDF says
The FASB is proposing specific accounting standards for carbon offsets and other climate-related credits and obligations, an area where GAAP is now effectively silent.
By Maura Webber Sadovi • April 29, 2025 -
gorodenkoff via Getty Images
Tariff turmoil could open door for vendor fraud, experts say
The situation is reminiscent of the COVID-19 pandemic, which triggered “urgent vendor sourcing and payment pressures for companies,” a treasury expert said.
By Alexei Alexis • April 29, 2025 -
CFO Editorial Staff
GOP lawmakers propose legislation scrapping auditor watchdog PCAOB
Paul Atkins, prior to his confirmation as head of the Securities and Exchange Commission this month, told a Senate panel in March that oversight of auditors “is vital.”
By Jim Tyson • Updated April 28, 2025 -
Drazen_ via Getty Images
Sponsored by SAPBeyond the Omnibus headlines: Unlock the financial benefits of sustainability
How Omnibus changes simplify reporting and help you turn sustainability into financial performance.
By Sophia Mendelsohn, Chief Sustainability and Commercial Officer, SAP • April 28, 2025 -
CrackerClips via Getty Images
Texas passes CPA law as push to lower licensure barrier gains steam
At least 11 states have recently passed new legislation that removes the 150-hour college credit hurdle to CPA licensure.
By Maura Webber Sadovi • April 25, 2025 -
Zach Gibson via Getty Images
IRS acting head’s ouster adds to agency’s ‘chaotic’ shake-up
The agency’s leadership turmoil would likely harm taxpayer service first, while its impact on revenue collection would be seen later, according to a Tax Foundation policy analyst.
By Maura Webber Sadovi • April 21, 2025 -
David Ryder via Getty Images
Work visas favored by big tech CFOs face more scrutiny, attorneys say
As the Trump administration tightens immigration policies, legal experts say lengthier vetting of visa petitions require companies to develop international talent plans up to a year in advance.
By Suman Bhattacharyya • April 18, 2025 -
Avosb via Getty Images
Ex-Girardi CFO sentenced to 10 years in federal prison
The former finance chief was also ordered to pay $8.9 million in restitution after helping to build “a web of deceit and manipulation,” according to the court.
By Grace Noto • April 14, 2025 -
traveler1116 via Getty Images
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.
By CFO Dive staff • Updated 15 hours ago -
Courtesy of Pat Dorsman for FAF
FASB sets clock for derivatives rules update
Existing accounting standards have led to “scope creep,” with derivative standards being applied too often, FASB Chair Richard Jones said.
By Maura Webber Sadovi • April 11, 2025 -
RiverNorthPhotography via Getty Images
DOGE poses danger to FTC data, fired commissioners say
The pair, who served as Democrats on the commission, said they were “deeply concerned” that DOGE may access confidential business data at the FTC.
By Alexei Alexis • April 11, 2025
