Financial Reporting
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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 -
Costco controller passes the torch after near-decade tenure
The decision to pick its new controller from its ranks aligns with the warehouse club retailer’s history of developing and keeping its financial bench talent.
By Maura Webber Sadovi • June 12, 2025 -
Vera Bradley gets new CFO amid leadership shakeup
Coach alum Martin Layding will step into the retailer’s CFO seat amid a transformation effort to stem growing losses and bolster declining sales.
By Grace Noto • June 12, 2025 -
‘Boring’ data work underpins innovation, strategy, Payoneer CFO says
Finance chiefs need to hone their data skills in an era when they are increasingly looked at not just as strategic leaders, but “innovation champions,” Payoneer CFO Bea Ordonez said.
By Grace Noto • June 11, 2025 -
Roblox hands $6M in bonuses to CFO poached from Paramount
The game platform will give the Paramount and Pandora alum two separate $3 million bonuses, as well as a stock award with a value of $28 million, to step into Roblox’s top financial seat.
By Grace Noto • June 10, 2025 -
Tax, finance chiefs must craft a clear tax transformation ‘roadmap’: Deloitte
Tax and finance leaders need to agree on a clear tax transformation plan in the face of complicated cost and regulatory pressures, Deloitte’s Emily VanVleet said.
By Grace Noto • June 9, 2025 -
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 -
Tesla CFO offloads over $2M in stock as EU sales tumble
The stock sales come as Tesla’s European sales declined by 53% in April compared to the previous year.
By Grace Noto • June 4, 2025 -
PayPal veteran named Bill CFO
Rohini Jain is set to become Bill’s finance chief in July, replacing John Rettig who will assume the role of president and chief operating officer.
By Alexei Alexis • June 4, 2025 -
Costco ‘held’ price on tariff-impacted bananas, CFO says
The warehouse club retailer has sought to eliminate the tariff impact on certain “staple” goods prices but sees flowers as “discretionary,” CFO Gary Millerchip said.
By Maura Webber Sadovi • May 30, 2025 -
Employers report plans to ‘quiet fire’ via RTO mandates, benefits cuts and more
Companies pushing workers out said they’re hoping to avoid things like public layoffs, bad press and severance costs.
By Carolyn Crist • May 30, 2025 -
Regulatory clarity ‘foundational’ for crypto: Gemini CFO
Newly-minted Gemini CFO Dan Chen emphasized the importance of clear regulatory frameworks as the Trump administration continues to woo the crypto industry.
By Grace Noto • May 29, 2025 -
Jack in the Box serial interim finance leader takes CFO brass ring
Dawn Hooper is taking the permanent CFO seat as the California-based fast food chain plans to close 150-200 underperforming restaurants.
By Maura Webber Sadovi • May 29, 2025 -
US court blocks Trump’s sweeping tariffs
The Court of International Trade said the president overstepped his authority, halting various duties. After an appeal, the ruling has been paused.
By Edwin Lopez • Updated May 29, 2025 -
Eos Energy abruptly terminates CFO after three months
The short-term finance chief’s departure comes after the New Jersey-based battery maker reported its highest-ever quarterly revenue.
By Grace Noto • May 28, 2025 -
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 -
Super Micro CFO sells nearly $3M in stock
The sale comes roughly five months after the AI server company announced it would "transition” to a new CFO, among other changes aimed at improving internal controls.
By Grace Noto • May 27, 2025 -
Tech firms betting big on AI agents face ‘tremendous’ ROI pressure: EY
“Against an uncertain macroeconomic and trade environment, executives are still overwhelmingly positive on the business value that agentic AI can deliver,” said EY’s James Brundage.
By Alexei Alexis • May 27, 2025 -
BJ’s Wholesale Club is willing to sacrifice margin for digital convenience
Store-based fulfillment options cost the warehouse club money, but loyalty improvements more than make up the difference, according to CEO Bob Eddy.
By Bryan Wassel • May 22, 2025 -
Ex-law firm CFO sentenced to three years in prison for $1.3M embezzlement scheme
Former CFO Tony Archuleta-Perkins embezzled over $1.3 million from his former employers to pay for two California homes and other personal expenses, according to court documents.
By Grace Noto • May 22, 2025 -
Tesla CFO racks up third $1M May stock sale
Among other moves to shore up investor trust, Tesla appointed former Chipotle CFO Jack Hartung to its board of directors, effective June 1.
By Grace Noto • May 21, 2025 -
Paramount Group CFO, GC resign; office REIT launches strategic review
The CFO and general counsel changes come as the REIT faces looming debt maturities in 2026, among other economic headwinds.
By Grace Noto • May 20, 2025 -
Minnesota passes CPA pathways legislation after pioneering model
Roughly two years after introducing a bill to ease CPA licensure rules, Minnesota lawmakers late Monday passed legislation establishing alternative routes to becoming a certified public accountant.
By Maura Webber Sadovi • May 20, 2025 -
Continuous scenario planning, war chests top finance playbooks for uncertain times
CFOs now grappling with on-again off-again tariff policies on top of other headwinds are using a variety of strategies to mitigate the risks of the fast-changing business climate.
By Suman Bhattacharyya • May 19, 2025 -
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