Compliance


  • Barista at Luckin Coffee shop.
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    Getty Images via Getty Images

    Luckin Coffee’s ‘revenue reckoning’ takeaways

    The Beijing-based company was initially viewed as a kind of David poised on its home turf to take on the Goliath of the coffee world — Starbucks — in China.

    By March 24, 2023
  • Papers about ESG Environmental, Social and Corporate Governance and notepad.
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    designer491 via Getty Images

    ESG poised to gain traction as CFO priority: Gartner

    Many organizations are shifting away from a purely “risk management” approach to ESG and are viewing it as a way to attract customers, investors and talent — a trend that will only increase in coming years, according to Gartner.

    By March 23, 2023
  • Plant sprouting out of dollar bills Explore the Trendline
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    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
  • A businessperson hands a colleague a paycheck.
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    AndreyPopov via Getty Images

    C-suite pay ‘paper losses’ emerge in PVP filings

    Executive compensation or what is effectively realizable pay swings from as much as $1 billion to negative $644 million, proxies from early filers show. 

    By March 22, 2023
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    Dan Kitwood via Getty Images

    IRS issues NFT tax guidance

    The IRS seeks comment on NFTs’ treatment under the newly proposed tax guidance as regulators and lawmakers consider the future of cryptocurrency and digital asset spaces.

    By March 21, 2023
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    Lessons from SEC’s $3M Blackbaud cyber penalty

    The Charleston, South Carolina-based software provider’s recent data breach settlement with the SEC serves as a cautionary tale for C-suite leaders.

    By March 21, 2023
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    Charnchai via Getty Images

    Accountant shortages likely to yield more audit failures

    The shortage of workers with the core accounting skills needed to staff audits is making audit failures more likely, Hofstra University’s Jack Castonguay says. 

    By March 20, 2023
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    Zach Gibson via Getty Images

    IRS misses deadline for upgrading business transcript system

    The IRS has faltered as it shifts business tax transcript requests from a paper to an online system, according to the agency’s inspector general.

    By March 20, 2023
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    Avosb via Getty Images

    Defunct Katerra sues former CFO for bonus

    The failed Softbank-backed startup is alleging its former CFO is obligated to pay back his signing and relocation bonuses amid intensifying scrutiny of executive compensation.

    By March 20, 2023
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    Vaidik Trivedi

    With tech’s favorite banks in turmoil, some are choosing loyalty

    After several high-profile bank failures and near-failures, some fintechs don’t see jumping ship as an option.

    By Gabrielle Saulsbery • March 20, 2023
  • Image of SEC seal on the side of a building.
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    Chip Somodevilla via Getty Images

    Bipartisan Senate bill would bolster SEC whistleblower safeguards

    The SEC’s program for gathering tips on securities law violations has imposed $6.3 billion in sanctions since its creation.

    By March 17, 2023
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    Deep Dive

    KPMG’s 29-year SVB stint stirs independence debate

    The bank’s failure — two weeks after it effectively got a clean bill of financial health — is reigniting some concerns that cozy client-auditor ties may jeopardize audit rigor.

    By March 16, 2023
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    DKosig via Getty Images

    FASB kicks off comment period on income-tax updates

    While previous FASB efforts to update accounting standards for taxes have fizzled, Chair Richard Jones has said tweaks to the project’s scope have made it achievable.

    By March 15, 2023
  • Securities and Exchange Commission, SEC, Building in Washington DC
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    qingwa via Getty Images

    SEC fines IT firm DXC $8M for ‘misleading’ disclosures

    DXC lacked adequate controls for the review, approval and classification of costs, according to the SEC.

    By March 15, 2023
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    ultramarine5 via Getty Images

    Signature Bank CFO among those named in investor lawsuit

    A proposed class-action complaint claims the bank and its leaders misled investors about Signature Bank’s financial standing.

    By Lyle Moran • March 14, 2023
  • A customer stands outside of Silicon Valley Bank
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    Justin Sullivan/Getty Images via Getty Images

    Silicon Valley Bank investors sue collapsed firm’s CEO, CFO

    The proposed class action alleges the failed bank, CEO Greg Becker and CFO Daniel Beck concealed from investors the impact that high interest rates would have on the tech-focused firm’s business. 

    By Anna Hrushka • March 14, 2023
  • Rainy SVB sign
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    Justin Sullivan via Getty Images

    SVB exposure: FAQs

    In the wake of Silicon Valley Bank’s weekend implosion, CFOs are left scrambling to figure out the fate of deposits, payments and loans, as well as how exposure to the bank could impact their business.

    By March 13, 2023
  • An upside-down vehicle is submerged in blue water with just two wheels showing.
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    Joe Raedle via Getty Images

    Most companies lack technology needed for SEC climate rule: survey

    Global standard-setters face pushback from companies ill-equipped for complying with climate risk disclosure rules.

    By March 10, 2023
  • Federal Reserve Chair Jerome Powell.
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    Scott Olson via Getty Images

    Powell testimony fuels expectations of half-point Fed rate hike

    Fed Chair Jerome Powell told a House committee Wednesday that the central bank is concerned about persistent price pressures and is determined to reduce inflation to its 2% target.

    By March 8, 2023
  • Screen showing rising interest rates.
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    Torsten Asmus via Getty Images

    Bank, finance leaders brace for rate volatility

    The majority of leaders at financial institutions say interest rates will drive business model guidance this year but few are leveraging financial data to support these changes.

    By March 7, 2023
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    Fahroni via Getty Images

    ESG reporting muddled by jumble of standards: IFAC

    The SEC plans before May to release a final climate risk disclosure rule aimed at achieving uniform corporate reporting and combating “greenwashing.”

    By March 6, 2023
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    TriggerPhoto via Getty Images

    CFO takeaways from Biden cyber plan

    The Biden administration’s new 35-page report, released last week, calls for increased regulation and warns that some U.S. companies are not doing enough to respond to escalating cyber threats.

    By March 6, 2023
  • Image of business person's hand extending a paycheck to another business person.
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    Andrey Popov via Getty Images

    Pay plan rejections hit record high

    Last year the rejections of Russell 3000 Index companies’ pay packages hit the highest annual level since the non-binding say-on-pay votes became mandatory in 2011.

    By March 3, 2023
  • Digital background depicting innovative technologies in (AI) artificial systems, neural interfaces and internet machine learning technologies
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    MF3d via Getty Images

    FASB studies AI use in financial data analysis

    The surge in use of conversational artificial intelligence has prompted scrutiny of the technology’s role in financial decisions.

    By March 3, 2023
  • A statue of the first United States Secretary of the Treasury Alexander Hamilton stands in front of the U.S. Treasury.
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    Chip Somodevilla via Getty Images

    IRS Commissioner-nominee pledges to uncover corporate taxes owed

    Billions of dollars in new funding for the IRS will not go toward increasing the audit rate for businesses and taxpayers that make less than $400,000 per year, Daniel Werfel said.

    By March 1, 2023
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    Adeline Kon/CFO Dive

    Dismantling the first 100 days myth

     For newly minted finance chiefs, their first few months on the job need to look a little different than what they may think.

    By Feb. 28, 2023