Compliance

SEC committee calls for FASB reform

FASB’s slow rule-making process can have negative consequences for investors and financial executives, the SEC’s report asserts.

By Maura Webber Sadovi • Sept. 26, 2022

Mobile workforce guidelines for contractors

What are the best methods for compliance and cost reduction of a mobile workforce?

Sept. 26, 2022

Explore the Trendline➔

ESG transforming CFO role

Companies are turning to their CFO to identify ways to measure and report on their organization's environmental, social and governance (ESG) performance.    

By CFO Dive staff

Dentsply taps new CFO after shaking up Moderna

Dentsply’s disclosure in May of an internal probe into its use of incentives led to the swift departure of its former CFO Jorge Gomez from Moderna after only one day on the job.

By Maura Webber Sadovi • Sept. 23, 2022

FASB LIBOR relief draws support, deadline nears

The proposal would extend accounting relief for another two years to borrowers switching LIBOR-linked loans to new benchmarks.

By Maura Webber Sadovi • Sept. 21, 2022

SEC presses for economic risk disclosures

The SEC’s focus on disclosures related to turbulence in the economy comes as the agency pushes companies to disclose more about executive pay. 

By Maura Webber Sadovi • Sept. 20, 2022

Nearly one third of employers balk at pay transparency: study

With more states requiring pay disclosures, companies and their financial executives need to develop a consistent national strategy, said Mariann Madden of WTW. 

By Elizabeth Flood • Sept. 16, 2022

CFOs need to ‘get smart’ about ESG reporting

“ESG requirements are changing the landscape of corporate America,” said Lisa Edwards, president and chief operating officer of SaaS firm Diligent.  

By Elizabeth Flood • Sept. 15, 2022

Private companies grapple with FASB lease accounting rules

Private companies have voiced concerns about the complexity of updated lease accounting rules, a FASB staff member reported Wednesday. 

By Maura Webber Sadovi • Sept. 14, 2022

Intercompany ops: more than zero-sum game

For CFOs of growing companies, intercompany operations have increasing implications that extend across accounting, finance, tax, and treasury departments.

By David Brightman • Sept. 13, 2022

FASB to consider tweaking lease accounting guidance

Lease accounting is one of three major standards currently undergoing post-implementation reviews, according to FASB spokesperson Christine Klimek.

By Maura Webber Sadovi • Sept. 9, 2022

ESG ratings firms show ‘significant shortcomings’: study

ESG ratings providers, while gaining from rising demand for their assessments, are unreliable in gauging risk and return, Stanford University researchers said.

By Jim Tyson • Sept. 9, 2022

Gensler: securities laws cover ‘vast majority’ of crypto tokens

The SEC’s Gary Gensler signaled he would cooperate with the Commodity Futures Trading Commission to the extent that “it needs greater authorities with which to oversee and regulate crypto non-security tokens.”

By Maura Webber Sadovi • Sept. 8, 2022

Ammo Inc. suspends its CSO, GunBroker.com CFO after board blowup

The ammunition manufacturer has placed two executives, including the CFO of subsidiary GunBroker.com, on administrative leave following allegations of data and digital asset misappropriation.

By Grace Noto • Sept. 7, 2022

PCAOB finds audit flaws on fraud risk, SPACs

During the coming inspection period, the PCAOB’s so-called Target Team will focus on “risks related to climate change” that influence companies’ financial statements.

By Jim Tyson • Sept. 2, 2022

The modern challenges for CFOs

Mike Kelly of Ernst & Young (EY), talks talent retention, inflation, ESG reporting requirements and how these evolving issues are reshaping the top financial seat.

By Elizabeth Flood • Sept. 1, 2022

SEC pay-vs-performance rule called a chance to shape company story

The disclosures give executives a chance to put into perspective the strategy they’re following to increase long-term shareholder value.

By Robert Freedman • Sept. 1, 2022

FASB narrows cryptocurrency project scope, excludes NFTs

FASB has come around to recognizing the need for a better crypto accounting model as calls to safeguard investors against abuses rise.

By Maura Webber Sadovi • Aug. 31, 2022

Workers gain clout during pandemic: Gallup

CFOs face pressure to raise wages as the number of job vacancies far exceeds the number of unemployed people looking for work.

By Jim Tyson • Aug. 31, 2022

How adopting OKRs can help CFOs through a recession

When it comes to setting a company’s objectives, less is more, advises Gtmhub Vice President Jenny Herald. 

By Elizabeth Flood • Aug. 29, 2022

SEC boosts incentives for whistleblowers

The SEC awarded a record $564 million to 108 whistleblowers last year and receives dozens of tips of wrongdoing each day.

By Jim Tyson • Aug. 29, 2022

PCAOB, Chinese authorities reach deal as delisting threat looms

SEC Chair Gary Gensler cautioned that foreign issuers that want access to U.S. public capital markets must be on a level playing field with U.S. firms.

By Maura Webber Sadovi • Aug. 26, 2022

SEC adopts pay-versus-performance disclosure rules

The rule, revived from a 2015 proposal, requires companies to include a table tracking both executive compensation and financial performance indicators for a five-year period.

By Grace Noto • Aug. 26, 2022

Fitch sees ‘modest’ tax headwind from Inflation Reduction Act

Fitch’s assessment comes as CFOs, accountants and tax-preparers are just beginning to grapple with the Inflation Reduction Act’s tax implications.  

By Maura Webber Sadovi • Aug. 24, 2022

M&A sparked by ESG surges 111% in H1 2022

Pressure for sustainability disclosure is fueling dealmaking targeted at providers of ESG software and services, Hampleton Partners said.

By Jim Tyson • Aug. 24, 2022

Twitter whistleblower claims may bolster federal privacy push

Bipartisan efforts to protect consumer information may gain momentum following allegations that Twitter failed to safeguard private data.

By Jim Tyson • Aug. 23, 2022