Financial Reporting: Page 2
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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 -
Explore the Trendline➔
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TrendlineTop 5 stories from CFO Dive
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 -
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 -
Peloton CFO to depart amid slumping subscriptions
CFO Liz Coddington will depart for energy firm Palmetto after four years in Peloton’s top financial seat, where she played a “vital role” in its ongoing financial transformation.
By Grace Noto • Feb. 5, 2026 -
FASB revisits thorny goodwill accounting
Nearly four years after dropping a years–long project that would have changed goodwill accounting, the FASB is wrestling with the topic again.
By Maura Webber Sadovi • Feb. 4, 2026 -
Uber taps insider for CFO amid robotaxi push
Uber executive Balaji Krishnamurthy, an advocate for the future of autonomous vehicles, will step into the rideshare’s top financial seat later this month.
By Grace Noto • Updated Feb. 4, 2026 -
Deep Dive
4 CFO tips for thriving despite volatile dollar, end of ‘Pax Americana’
The dollar, battered by disruption to the rules-based global order, stands at center stage in an unfolding drama of market volatility.
By Jim Tyson • Feb. 3, 2026 -
Universal withdraws CFO offer from ADM alum
The agriproducts maker rescinded its employment offer one day after the SEC filed suit against ADM’s former CFO Vikram Luthar over accounting practices related to its nutrition segment.
By Grace Noto • Feb. 2, 2026 -
SEC appoints new PCAOB chair, board members
EY alum Demetrios Logothetis will take the PCAOB’s helm as it navigates a reduced budget and an ongoing shift in its fortunes.
By Grace Noto • Jan. 30, 2026 -
Royal Caribbean CFO keeps eye on expansion with $5B capex
RCL CFO Naftali Holtz is keeping a careful eye on capital allocation as the cruise operator looks to continue expanding on a post-pandemic surge in growth and demand.
By Grace Noto • Jan. 30, 2026 -
SEC sues ex-ADM CFO, alleges accounting fraud
In a related action, Archer-Daniels-Midland agreed to pay a $40 million civil penalty to settle SEC charges it inflated its Nutrition business segment's performance.
By Maura Webber Sadovi • Jan. 28, 2026 -
Trade Desk terminates CFO after five months
The ad tech company’s shares have slumped since it announced the firing of Alexander Kayyal, a Salesforce alum.
By Maura Webber Sadovi • Jan. 27, 2026 -
CFOs feel heat as AI boosts investor demands
The rising volume of investor interactions is “only one symptom” of the pressure AI puts on CFOs to deliver greater impact, according to Gartner.
By Alexei Alexis • Jan. 27, 2026