Financial Reporting
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Costco’s AI, tech use helps offset healthcare costs, CFO says
CEO Ron Vachris said on an earnings call Thursday that Costco locations adopting pre-scan technology have seen checkout speeds increased by up to 20%.
By Maura Webber Sadovi • Dec. 12, 2025 -
Courtesy of Lululemon
Lululemon CEO Calvin McDonald to step down in January
CFO Meghan Frank and Chief Commercial Officer André Maestrini will become interim co-CEOs after McDonald’s departure.
By Cara Salpini • Updated Dec. 11, 2025 -
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TrendlineCFO 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 -
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Exxon CFO to retire, citing health issues
Outgoing CFO Kathyrn Mikells is confident her successor Neil Hansen will “continue the good work of the finance leadership team that has begun to really build a world-class organization,” she said Tuesday.
By Grace Noto • Dec. 10, 2025 -
Brandon Bell via Getty Images
Tesla CFO sold over $19M in stock this year
The CFO’s repeated sales came amid a tumultuous year for the EV maker, which fielded slumping profits, growing shareholder scrutiny, and a CEO pay battle.
By Grace Noto • Dec. 9, 2025 -
Courtesy of FASB
FASB pubs new interim, quarterly reporting rules
The new standard marks the 11th accounting standards update issued by the FASB this year, up from four for the full 2024 and the highest annual output since 2020.
By Maura Webber Sadovi • Dec. 8, 2025 -
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Treasury, OECD race clock to ink global minimum tax deal by year-end
Without an agreement, the Trump administration’s opposition to the global tax deal favored by Biden leaves multinational companies’ 2026 tax strategies in limbo.
By Stephen Joyce • Dec. 5, 2025 -
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FASB finalizes new government grant accounting standards
The standards update fills a gap in the generally accepted accounting principles that previously left many companies turning to international rules for guidance.
By Maura Webber Sadovi • Dec. 4, 2025 -
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Equinix CFO to retire in 2026 after 27-year company tenure
Keith Taylor will retire after two decades as CFO, where he helped drive Equinix’s financial strategy “through every stage of its evolution,” the company said.
By Grace Noto • Dec. 4, 2025 -
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Departing PCAOB member calls for ‘common sense audit regulation’
Christina Ho takes “great pride in my contributions during my tenure, particularly in serving as a credible lone dissenter who was able to prevent the adoption of some potentially harmful standards and rules,” she said.
By Grace Noto • Dec. 3, 2025 -
Courtesy of GitLab
Gitlab taps former Salesforce exec for CFO seat
The appointment marks the latest in a string of recent senior management changes at the San Francisco, California-based tech company.
By Alexei Alexis • Dec. 3, 2025 -
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Wayfair CFO zeros in on nimble forecasting
Wayfair needs a “nimble” finance team and forecasting model to hit its dual goals of keeping fixed costs down while reaching double-digit growth, CFO Kate Gulliver said.
By Grace Noto • Dec. 2, 2025 -
Jason Kempin via Getty Images
iHeartMedia CFO, COO relinquishes finance chief responsibilities
With the C-suite shakeup, the audio media company bucks a growing trend of companies combining their top finance and operations roles.
By Grace Noto • Dec. 1, 2025 -
(Photo by Justin Sullivan/Getty Images) via Getty Images
HP cites AI in push to slash up to 6,000 jobs by 2028
The company sees “a significant opportunity ahead to embed AI into almost all that we do,” CFO Karen Parkhill said.
By Alexei Alexis • Nov. 26, 2025 -
Michael M. Santiago via Getty Images
NY Governor Hochul signs CPA licensing bill
With New York, at least 24 states have eased education requirements needed to become a certified public accountant in a bid to address a talent shortage.
By Maura Webber Sadovi • Nov. 21, 2025 -
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SEC enforcements slump 30% in fiscal 2025: Cornerstone
Former SEC Chair Gary Gensler oversaw 93% of the 56 SEC enforcement actions brought during the 12 months ended Sept. 30, a report found.
By Maura Webber Sadovi • Nov. 20, 2025 -
Courtesy of Xerox
Xerox CFO to exit post after less than a year
Finance chief Mirlanda Gecaj is leaving based on a “mutual decision” with Xerox, the company said.
By Alexei Alexis • Nov. 20, 2025 -
Mario Tama via Getty Images
FASB takes up new crypto transfers project
The accounting standards setter voted to tackle transfers of crypto assets including wrapped tokens, marking the third digital assets project to hit its technical agenda.
By Maura Webber Sadovi • Nov. 19, 2025 -
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Coursera picks outsider for interim CFO amid AI push
Coursera will grant Google alum Michael Foley a $200,000 cash bonus, “contingent upon satisfactory performance of certain key responsibilities” as interim CFO.
By Grace Noto • Nov. 19, 2025 -
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CFOs are reaching for downside budget protections, McKinsey exec says
A conservative sentiment is shaping this year’s budget season, with many companies taking extra care setting spending priorities and realistic goals, McKinsey’s Kevin Carmody says.
By Maura Webber Sadovi • Nov. 18, 2025 -
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Papa Johns CFO gains dual role, salary bump
Appointing its finance chief Ravi Thanawala to the dual role of CFO and president could signal additional belt-tightening by the pizza chain, Cowen Partners’ Shawn Cole said.
By Grace Noto • Nov. 18, 2025 -
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Campfire CEO targets ‘systems-first’ accounting approach
An “AI-native” approach to accounting can help free finance professionals and accountants up for more strategic work, Campfire’s John Glasgow said.
By Grace Noto • Nov. 17, 2025 -
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Ex-Fabric CFO convicted of wire fraud in $35M crypto scheme
The ex-finance chief was convicted on four counts of wire fraud after the 2022 crypto winter wiped out a $35 million investment of company funds, according to court documents.
By Grace Noto • Nov. 14, 2025 -
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NJ’s once-stalled CPA licensing bill advances after ‘surprise’ vote
If the legislation becomes law, New Jersey is currently on pace to be the 24th state to change the education requirements needed to be a certified public accountant.
By Maura Webber Sadovi • Nov. 14, 2025 -
Ethan Miller via Getty Images
Disney extends CFO contract; increases equity award to $16.5M
The CFO extension comes as Disney remains enmeshed in a content distribution dispute with YouTube TV that could potentially bleed millions in revenue.
By Grace Noto • Nov. 13, 2025 -
Courtesy of Pat Dorsman for FAF
FASB’s tax rules avert funding threat
The spending bill that ended the federal government shutdown did not include an earlier proposal that called for FASB to withdraw its income tax disclosure standards.
By Maura Webber Sadovi • Nov. 13, 2025
