Financial reporting

  • Employees discuss new project with boss holding business briefing
    Image attribution tooltip
    fizkes via Getty Images

    Hindsight 2020: An unlikely road to Snowflake’s CFO seat

    From a travel excursion to Italy to uncovering massive fraud, Mike Scarpelli had his fair share of challenges on his way to the CFO seat.

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

    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
  • Federal Reserve Chair Jerome Powell.
    Image attribution tooltip
    Scott Olson via Getty Images

    Fed hikes main rate by quarter-point, notes ‘resilient’ banking system

    The central bank tightened borrowing costs despite banking instability as inflation persists well above its 2% target.

    By March 22, 2023
  • A Papa John's sign.
    Image attribution tooltip
    Joe Raedle / Staff via Getty Images

    Papa Johns CFO resigns

    Ann Gugino, who has been at the pizza chain since 2020, is leaving effective May 31. Papa Johns has begun a search for a permanent CFO. 

    By Julie Littman • March 22, 2023
  • cryptocurrency graphic
    Image attribution tooltip
    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
  • Business person handles accounting
    Image attribution tooltip
    shih-wei via Getty Images

    Accountants head overseas for talent

    The lure of sexier jobs in the tech sector has cut into the number of U.S. students pursuing accounting careers. Looking abroad for talent may be the next best move.

    By March 21, 2023
  • Image attribution tooltip
    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
  • Image of SEC seal on the side of a building.
    Image attribution tooltip
    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
  • Businessman looking stressed
    Image attribution tooltip
    Delmaine Donson via Getty Images

    Does SVB failure expose CFO job creep’s weaknesses?

    The bank's chief risk officer seat was left vacant for much of 2022, raising questions about how such responsibilities are distributed and to whom in the modern C-suite.

    By March 16, 2023
  • A crowd of people stands outside Silicon Valley Bank headquarters.
    Image attribution tooltip
    Justin Sullivan via Getty Images

    Nearly one-third of CFOs to diversify deposits across banks: study

    CFOs are looking to take immediate action to assess the risk and exposure to their businesses following recent bank failures.

    By March 16, 2023
  • Securities and Exchange Commission, SEC, Building in Washington DC
    Image attribution tooltip
    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
  • An internal shot of Burberry's shop-in-shop inside of Saks in New York City.
    Image attribution tooltip
    Courtesy of Courtesy of Luis Guillén for Saks

    Burberry poaches CFO from McLaren

    The British luxury fashion house announced another change in its C-suite after naming a new CEO just last year.

    By March 15, 2023
  • Federal Reserve building at night
    Image attribution tooltip
    Alex Wong via Getty Images

    SVB failure could cloud CFOs’ sunnier outlook

    CFOs are cautiously optimistic for 2023, according to Deloitte’s latest CFO signals survey, but the swift downfall of SVB could test that.

    By March 14, 2023
  • Bank sign on glass wall of business center
    Image attribution tooltip
    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 robotic brain is encapsulated in a clear box.
    Image attribution tooltip
    iStock / Getty Images Plus via Getty Images

    Finance tech guru dishes on ChatGPT

    While the technology holds promise, concerns over the privacy risks are justified for now, finance tech expert Glenn Hopper says.

    By March 13, 2023
  • People gather outside Silicon Valley Bank.
    Image attribution tooltip
    Justin Sullivan via Getty Images

    SVB could be biggest story for CFOs since COVID-19

    The CFO Leadership Council held an emergency meeting on the Silicon Valley Bank crisis Friday while some finance leaders are bracing for broader ripple effects.

    By March 13, 2023
  • Rainy SVB sign
    Image attribution tooltip
    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
  • Businessperson signing an electronic document
    Image attribution tooltip
    ipuwadol via Getty Images

    DocuSign makes surprise CFO transition announcement

    Cynthia Gaylor is stepping down from her role as CFO as the company handles the aftermath of two rounds of layoffs and leadership team expansion.

    By March 13, 2023
  • An upside-down vehicle is submerged in blue water with just two wheels showing.
    Image attribution tooltip
    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
  • Allbirds' activewear line
    Image attribution tooltip
    Courtesy of Allbirds

    Allbirds replaces CFO with ex-Adidas exec

    The Silicon Valley favorite sneaker brand is the second direct-to-consumer brand this week to report disappointing earnings and a CFO transition.

    By March 10, 2023
  • Customers enter a Walmart store in San Leandro, California.
    Image attribution tooltip
    Justin Sullivan via Getty Images

    Walmart bets on digital retail future, CFO says

    The retail giant is focusing on in-store technology and logistics improvements and positioning stores as distribution points for online shopping.

    By March 9, 2023
  • A pile of $100 bills
    Image attribution tooltip
    hynci via Getty Images

    CFO base pay raises outpace CEOs’

    Finance chiefs edged out top executives for salary increases on average, though CEOs saw higher gains in total compensation.

    By March 9, 2023
  • An image of the sign for Allstate Insurance
    Image attribution tooltip
    Bruce Bennett/Getty via Getty Images

    Allstate focused on profitability first, growth second

    CFO Jess Merten outlined the company’s strategy as its largest competitors take an opposite approach.

    By March 9, 2023
  • PayPal building in San Jose
    Image attribution tooltip
    Justin Sullivan via Getty Images

    PayPal CFO hits the exit

    PayPal CFO Blake Jorgensen, who has been on a medical leave since September, left his role Tuesday.

    By Lynne Marek • March 8, 2023
  • Picture of a cybersecurity lock
    Image attribution tooltip
    iStock via Getty Images

    CrowdStrike revenue soars amid high cyber demand

    The cybersecurity company reported record financial results in spite of macroeconomic headwinds.

    By March 8, 2023