Meta joins chorus of DEI rollbacks, cutting roles and programs

The tech and social media giant ended a number of diversity, equity and inclusion initiatives last week, including its supplier diversity program.

By Lamar Johnson • Jan. 14, 2025

Ubisoft CFO, CEO skirt questions on potential Tencent sale

Leadership was guarded regarding questions of a possible buyout, rumors of which follow after shares of the Assassin’s Creed owner fell to 10-year lows last year.

By Grace Noto • Jan. 13, 2025

Explore the 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

IRS hands crypto holders some 2025 relief

Despite the reprieve, taxpayers should still keep good records and continue using a consistent system such as LIFO for identifying digital assets sold can be easier, TaxBit’s Miles Fuller says. 

By Maura Webber Sadovi • Jan. 10, 2025

Coca-Cola Consolidated CFO to retire; CAO to succeed

The CFO swap comes as the largest U.S. bottler of Coke products continues with its bid to boost profitability, reporting $698 million in gross profit for its most recent quarter.

By Grace Noto • Jan. 10, 2025

Corporate hiring saw ‘more modest’ growth in December: ADP

Hiring growth slowed last month as CFOs continue to pay close attention to the labor market while crafting their 2025 business strategies.

By Grace Noto • Jan. 9, 2025

Freddie Mac promotes interim finance chief to CFO

The mortgage finance giant’s new CFO James Whitlinger’s annualized target total direct compensation will be $2.4 million, including $600,000 in salary, according to an SEC filing.

By Maura Webber Sadovi • Jan. 8, 2025

FASB swiftly clarifies new DISE rule’s effective date

The board wanted to make clear that all public companies must comply with the new expense disclosure requirements in their first annual reporting periods beginning after Dec. 15, 2026.

By Maura Webber Sadovi • Jan. 7, 2025

Palantir CFO sells $7M in stock amid valuation dip

The sale comes as a Morgan Stanley analyst cautioned that Palantir is “trading too far ahead” of its intrinsic value as it looks to take advantage of the generative AI boom.

By Grace Noto • Jan. 7, 2025

New Apple finance chief gets $1M salary

Kevan Parekh took over as Apple’s CFO effective Jan. 1, replacing Luca Maestri, who has assumed a new role at the tech giant.

By Alexei Alexis • Jan. 6, 2025

Uber CFO says stock is ‘undervalued;’ proceeds with $1.5B buyback

The buyback comes as the ride-hailing service aims to boost its free cash flow and refocuses on autonomous vehicles.  

By Grace Noto • Jan. 6, 2025

FASB pursues agenda refresh

Narrower projects could be in store for the accounting-standard setter as some stakeholders want more guidance on hot- button issues like crypto and goodwill.

By Maura Webber Sadovi • Jan. 6, 2025

The radical transparency era is here: ready or not, CFOs

CFOs need to gain a baseline understanding of how their companies are perceived externally — those that don’t are “flying blind,” McKinsey’s Andy West says.

By Maura Webber Sadovi • Dec. 20, 2024

Intel shareholders look to yank back ex-CEO, CFO compensation

CFO David Zinsner along with the company’s former CEO misled shareholders about the financial performance of Intel’s foundry unit, shareholders allege.

By Grace Noto • Dec. 20, 2024

Audit fees poised to rise further after 6.4% hike in latest cycle, report says

Additional pressure on audit pricing is expected to come from regulatory changes on the horizon such as the FASB’s income statement expense rules, FERF reports.

By Maura Webber Sadovi • Dec. 19, 2024

Gensler stresses PCAOB’s importance following $400M budget approval

Trust in public company financials “can easily be taken for granted,” outgoing SEC Chair Gary Gensler warned in a statement on the audit watchdog’s budget.

By Grace Noto • Dec. 19, 2024

Warehouse robot forecast lowered as retail correction persists

While growing at a slower pace, global mobile robot sales are still projected to reach $5.5 billion in 2024 and rise more than 20% annually up to 2030.

By Alexei Alexis • Dec. 17, 2024

Costco CFO looks to ‘pull forward’ inventory buys amid tariff uncertainty

“In general, of course, tariffs raise costs so that's not something that we see as a positive,” Costco CFO Gary Millerchip said on the company’s earnings call Thursday.

By Maura Webber Sadovi • Dec. 13, 2024

It’s time to prepare for FASB’s new compensation reporting rules

The new accounting standard will fundamentally change how businesses track and report compensation, especially with regards to bonuses and commissions, Mark Schopmeyer writes.

By Mark Schopmeyer • Dec. 13, 2024

SEC charges former Comtech CEO with insider trading

The charges against Ken Peterman are just the latest initiative by what, in some respects, has been the most aggressive SEC enforcement division on record.

By Jim Tyson • Dec. 12, 2024

Mercedes-Benz taps Continental finance leader for board seat

The appointment is among a series of board leadership changes at Mercedes-Benz after it posted significant profit losses in the third quarter.

By Alexei Alexis • Dec. 12, 2024

PCAOB could be defanged by incoming Trump administration

The new presidential administration might not abolish the PCAOB — but it doesn’t need to in order to render it ineffective, accounting professor Robert Pawlewicz said.   

By Grace Noto • Dec. 12, 2024

Trump-related accounting rule revamp is a likely ‘nonstarter’

Daniel Tinkelman, a professor of accounting at Brooklyn College of the City University of New York, wants the FASB to clarify GAAP rules on personal financial statements.

By Maura Webber Sadovi • Dec. 12, 2024

Disney CFO champions ‘big bets’ on cruises, streaming

Disney finance chief Hugh Johnston is focusing on removing “unnecessary costs” as the company continues to funnel billions into experiences such as cruises, he said.

By Grace Noto • Dec. 10, 2024

Citi CFO: Evolving data standards make upgrade more complex

Mark Mason, the bank’s finance chief, also said the focus on the need to improve data tied to regulatory reporting isn’t unique to Citi.

By Caitlin Mullen • Dec. 10, 2024

Super Micro gets delisting reprieve, filing extension

The San Jose, California-based tech company won a reprieve from the delisting threat it has faced since it failed to file its fiscal 2024 10-K in August.

By Maura Webber Sadovi • Dec. 9, 2024