Financial Reporting


  • Harley Davidson bikes are displayed in the showroom of the Harley Davidson Store on March 13, 2025 in Berlin, Germany.
    Image attribution tooltip
    Carsten Koall via Getty Images
    Image attribution tooltip

    Harley-Davidson CEO recommended CFO as successor, shareholder says

    Amid a proxy battle, the motor cycle company said three unnamed potential CEO candidates recently failed to gain majority support from its board.

    By April 29, 2025
  • a headshot of PCAOB chair Erica Y. Williams
    Image attribution tooltip
    Courtesy of PCAOB
    Image attribution tooltip

    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 April 29, 2025
  • Image of glowing AI letters in the foreground with a circuit board in the background. Explore the Trendline
    Image attribution tooltip
    KanawatTH via Getty Images
    Image attribution tooltip
    Trendline

    CFO best practices in the evolving generative AI era

    As the initial frenzy around the launch of generative artificial intelligence subsides, a new GenAI era appears to be taking shape.

    By CFO Dive staff
  • Stack of silver coins with seedlings ready to grow.
    Image attribution tooltip
    Sakorn Sukkasemsakorn via Getty Images
    Image attribution tooltip

    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 April 29, 2025
  • Sol de Janeiro products in a line at an LA Sephora on Oct 21, 2018
    Image attribution tooltip
    Presley Ann/Getty Images for Sephora via Getty Images
    Image attribution tooltip

    Sol de Janeiro taps new CFO amid $1B-plus growth push

    Colgate-Palmolive alum Elaine Paik will step into the skincare brand’s top financial seat and will also lead the company’s legal and IT teams. 

    By April 28, 2025
  • Image attribution tooltip
    CrackerClips via Getty Images
    Image attribution tooltip

    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 April 25, 2025
  • Header image for "Deloitte Fined Record $19M Over Audit Failures"
    Image attribution tooltip
    Getty Images via Getty Images
    Image attribution tooltip

    Deloitte shelves Q1 CFO survey amid scrambled economic outlook

    The Big Four firm said it is not “at this time” releasing its first quarter CFO Signals report due to changes in the economy since the survey was conducted in February.

    By April 25, 2025
  • A view inside the Sphere is seen during Google Cloud Next "25: AI Exclusive at the Sphere" on April 8, 2025 in Las Vegas,
    Image attribution tooltip
    Candice Ward / Stringer via Getty Images
    Image attribution tooltip

    Google pours billions into AI, cyber and infrastructure expansion

    The tech giant's cloud profits more than doubled year over year as it invested more than $17 billion, primarily in servers and data centers.

    By Matt Ashare • April 25, 2025
  • Volvo emblem seen on front bumper on Sept 2024 in Austin, Texas
    Image attribution tooltip
    Brandon Bell via Getty Images
    Image attribution tooltip

    Volvo Cars taps new finance chief amid market, tariff uncertainty

    The company’s deputy CFO Fredrik Hansson will step into its top financial seat just a month after Håkan Samuelsson rejoined Volvo as its CEO.  

    By April 24, 2025
  • Canadian and American flags stand in front of the Ambassador Bridge between Windsor and Detroit.
    Image attribution tooltip
    Bill Pugliano via Getty Images
    Image attribution tooltip

    Tariffs put execs in ‘gray rhino’ risk territory

    PwC projects the total annual value of proposed and potential U.S. tariffs levied could jump 13-fold to $989 billion from pre-election levels.

    By April 24, 2025
  • A banner calling for Musk's removal from Tesla flies over Austin's state capital building.
    Image attribution tooltip
    Rick Kern via Getty Images
    Image attribution tooltip

    Tesla’s CFO cites tariffs, brand hostility as profits slide

    Expected tariffs on the automotive space will have an impact on Tesla’s profitability, CFO Vaibhav Taneja warned Tuesday.

    By April 23, 2025
  • A fighter jet flies in the sky.
    Image attribution tooltip
    Sean Gallup via Getty Images
    Image attribution tooltip

    Lockheed has ‘mechanisms’ to recover tariff impacts, new CFO says

    Just days after taking the defense contractor’s CFO seat, Evan Scott said Tuesday that he was “comfortable” with the company’s approach to mitigating tariff impacts.

    By April 22, 2025
  • aerial view of Prologis' facility in Carteret, New Jersey
    Image attribution tooltip
    Courtesy of Prologis
    Image attribution tooltip

    Prologis CFO says ‘disconnected world’ requires more warehousing

    “Even with the pause in some tariffs or resolution of others, customers simply lack a steady backdrop upon which to plan,” the industrial real estate company’s CFO said. 

    By April 18, 2025
  • Tree on stack of silver coins and crystal globe
    Image attribution tooltip
    Wanan Yossingkum via Getty Images
    Image attribution tooltip

    Net Power ousts president, CFO amid ongoing cash challenges

    The departures come approximately a month after the energy company once again pushed back the launch date for its first commerical-scale power plant and reupped cost estimates for the project.

    By April 16, 2025
  • Muscian Gavin Adcock performs onstage.
    Image attribution tooltip
    Danielle Del Valle via Getty Images
    Image attribution tooltip

    Warner Music’s new CFO gets $1M signing bonus

    Armin Zerza is taking the financial reins of the entertainment and record-label conglomerate as it has been seeking to cut costs.

    By April 15, 2025
  • Microsoft headquarters in Redmond, Washington.
    Image attribution tooltip
    David Ryder/Getty Images via Getty Images
    Image attribution tooltip

    Microsoft confirms AI pullback as tariffs compound pressure

    A significant “endeavor at this size and scale requires agility and refinement as we learn and grow with our customers,” Microsoft’s Noelle Walsh said.

    By April 15, 2025
  • The outside of an Ulta Beauty store.
    Image attribution tooltip
    Lokibaho via Getty Images
    Image attribution tooltip

    Ulta Beauty aims for long-term growth after data, ERP upgrades

    The company’s tech investments cleared the way for generative AI. Executives are working to reap the rewards.

    By Lindsey Wilkinson • April 14, 2025
  • A white stone government building with columns at nighttime
    Image attribution tooltip
    traveler1116 via Getty Images
    Image attribution tooltip
    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.

    By CFO Dive staff • Updated April 25, 2025
  • Richard Jones
    Image attribution tooltip
    Courtesy of Pat Dorsman for FAF
    Image attribution tooltip

    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 April 11, 2025
  • Elon Musk and Donald Trump outside of the White House in front of a Tesla car on Mar. 11, 2025
    Image attribution tooltip
    Andrew Harnik via Getty Images
    Image attribution tooltip

    Tesla CFO sells $957K in stock amid waning sales

    The finance chief’s third stock sale in as many months comes as Tesla continues to grapple with declining sales and uncertainty related to the Trump administration’s trade war.  

    By April 9, 2025
  • Iowa passes CPA licensure legislation

    Iowa joins a growing band of states passing new CPA licensure laws aimed at easing the accounting talent shortage.

    By April 8, 2025
  • A person with their back to the camera conducts a transaction at an ATM in a subway station. A bitcoin ATM and another ATM sit next to the first machine.
    Image attribution tooltip
    Michael M. Santiago / Staff via Getty Images
    Image attribution tooltip

    Strategy reports unrealized $5.91B loss on digital assets

    The Tysons Corner, Virginia-based company’s report comes on the heels of a bitcoin slump and newly effective crypto accounting rules from FASB.

    By April 8, 2025
  • CVS pharmacy sign outside of Miami, Florida on Feb. 7, 2024
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    Newly-minted CVS Health CFO inks $1M salary

    UPS and PepsiCo alum Brian Newman will receive a $1 million base salary as the latest member of the healthcare company’s revamped leadership suite.

    By April 8, 2025
  • Spirit Airlines
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    Spirit Airlines CFO, COO, GC to step up after CEO exits

    The budget airline, recently emerged from bankruptcy, picked the trio of senior executives to handle CEO responsibilities until a new chief executive is found.

    By April 7, 2025
  • shipping
    Image attribution tooltip
    Pierre Crom via Getty Images
    Image attribution tooltip

    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.

    By Philip Neuffer , Edwin Lopez • Updated April 28, 2025
  • Cars parked in front of a Macy's in California on Feb 27 s
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    Macy’s claws back over $600K in exec bonuses

    The retailer asserts it overpaid executives after an accounting error led to an overstatement of 2023 EBITDA by $81 million, according to a securities filing.

    By April 3, 2025