Financial Reporting
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Retrieved from Costco.
Costco to flow tariff refunds, ‘if and when’ received, back to customers
CEO Ron Vachris said Thursday that the retailer is committed to returning any potential refunds to its customers through “lower prices and better values.”
By Maura Webber Sadovi • March 6, 2026 -
Delta names new CFO amid sweeping leadership changes
Delta veteran Erik Snell will step in as CFO as the airline aims to navigate the impact from the Iran war, including a spike in fuel prices and canceled flights to Middle East hubs.
By Grace Noto • March 5, 2026 -
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The disruption of the rules-based global order means CFOs need to adjust scenario planning to the prospect of higher capital costs and greater foreign exchange risks.
By CFO Dive staff -
GitLab aims for greater investor transparency under new CFO
The shift comes as investors in major software companies increasingly prioritize forward expectations and visibility into demand trends, not just top-line revenue.
By Alexei Alexis • March 4, 2026 -
SEC, PCAOB accounting, auditing enforcement actions drop: Cornerstone
While enforcements typically decline during administrative transitions, the SEC’s accounting and auditing actions touched a nine-year-low in 2025, the report found.
By Maura Webber Sadovi • March 4, 2026 -
Former Indian River State College CFO files whistleblower retaliation, defamation suit
Marvin Pyles is alleging he was unfairly terminated by the college after uncovering millions in financial mismanagement. He is seeking reinstatement, backpay and a jury trial.
By Grace Noto • March 4, 2026 -
CFOs must be ‘very specific’ about AI ROI metrics: West Monroe
For CFOs growing tired of sweeping AI generalizations, identifying specific KPIs for its use can enable a more disciplined — and financially rewarding — approach, West Monroe’s Connor Augustyn said.
By Grace Noto • March 3, 2026 -
Tech firm Asana’s CFO resigns after less than two years in seat
CFO Sonalee Parekh will be replaced by Aziz Megji, who currently serves as head of financial planning and analysis at the software firm.
By Alexei Alexis • March 3, 2026 -
SEC dismisses fraud case against former View Inc. CFO
CFOs often make “easy targets” when it comes to accounting disagreements and so must be prepared to explain their decisions even years later, Morrison & Foerster Partner Craig Martin told CFO Dive.
By Grace Noto • March 2, 2026 -
Orbia taps finance transformation leader as next CFO
Orbia veteran Cristian Capellino will step in as CFO as the business targets $250 million in annual cost savings by 2027.
By Grace Noto • Feb. 26, 2026 -
Most tax preparers not subject to standards, prone to costly errors: GAO
Efforts in Congress to pass legislation holding all tax preparers to clear federal standards have repeatedly fizzled out.
By Jim Tyson • Feb. 25, 2026 -
Lucid expects 12% workforce reduction to yield $500M in cost savings
The plan was launched in part to support a new phase of discipline and “margin progression,” CFO Taoufiq Boussaid said.
By Alexei Alexis • Feb. 25, 2026 -
Westlake Corp. CFO announces departure amid weak earnings, board restructure
The chemicals manufacturer appointed its CEO and president, as well as Chevron alum Bhavesh Patel, to its board, while announcing its CFO’s coming retirement.
By Grace Noto • Feb. 24, 2026 -
Advanced ERPs could cut financial close times by 30%, Gartner says
Before reaping such benefits, CFOs will first need to successfully navigate ERP vendor hype, Gartner’s Mike Helsel said.
By Alexei Alexis • Feb. 24, 2026 -
Few 10-Ks tie AI to tangible revenue gains, study finds
For most top U.S. companies, the technology remains an “operational tool,” not a primary revenue driver, according to the report.
By Alexei Alexis • Feb. 24, 2026 -
‘A deal is a deal’: EU halts US pact over Trump’s new global tariff
The bloc said it needed “full clarity” on the United States’ tariff plans after a Supreme Court ruling last week struck down many levies.
By Phil Neuffer • Feb. 23, 2026 -
There’s ‘no ambiguity’ in Carvana accounting practices, CFO says
Carvana’s CFO noted recent short seller reports alleging improper disclosure are “100% inaccurate,” defending the latest scrutiny of the car marketplace’s accounting practices.
By Grace Noto • Feb. 20, 2026 -
Booking slashes customer service costs with AI, CFO says
The company’s customer service costs are down by about 10%, despite an uptick in bookings, CFO Ewout Steenbergen said.
By Alexei Alexis • Feb. 19, 2026 -
Home Depot alum takes YETI CFO seat
Retail veteran Scott Bomar will join the Austin, Texas-based drinkware maker as it looks to accelerate continued international sales momentum.
By Grace Noto • Feb. 19, 2026 -
Gemini CFO, COO, CLO exit just months after IPO
The trio of executives are leaving about five months after the Winklevoss twins took the crypto exchange company public and within weeks of layoffs.
By Maura Webber Sadovi • Feb. 17, 2026 -
Kyndryl discloses ‘material weaknesses’ in delayed 10-Q
The company offered a remediation plan to address its material shortcomings, related to its internal controls for financial reporting, that will be led by the interim CFO and controller.
By Grace Noto • Feb. 17, 2026 -
Wisconsin passes CPA pathways bill as licensing reforms sweep states
So far about 45 states have passed or introduced new CPA licensing laws or rules, in a bid to lower barriers and tackle the accounting shortage.
By Maura Webber Sadovi • Feb. 13, 2026 -
Deloitte: Shining a spotlight on strategic internal audit
Internal audit leaders need to be “vocal” with their CFOs about the skills and capabilities of their teams, Deloitte’s Mike Schor said.
By Grace Noto • Feb. 10, 2026 -
Figure’s CFO supports treating stablecoin as cash
Macrina Kgil, CFO of the newly public Figure Technology Solutions, would like to see the FASB update standards to classify stablecoins as cash.
By Maura Webber Sadovi • Feb. 9, 2026 -
Kyndryl CFO steps down ahead of accounting review
Kyndryl’s audit committee will review disclosures related to its adjusted free cash flow, it said, appointing company alum Harsh Chugh to the role of interim CFO.
By Grace Noto • Feb. 9, 2026 -
How Alphabet is leaning on AI agents to boost finance workflows
The tech giant’s finance team is using agentic AI to process invoices while also deploying the technology within the treasury function, CFO Anat Ashkenazi said.
By Alexei Alexis • Feb. 5, 2026