Financial Reporting: Page 2


  • Shoppers at Lucid Motors Showroom at Westfield University Towne Centre (UTC) shopping mall.
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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 Feb. 25, 2026
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    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 Feb. 24, 2026
  • Trendline

    Top 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
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    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 Feb. 24, 2026
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    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 Feb. 24, 2026
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    ‘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
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    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 Feb. 20, 2026
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    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 Feb. 19, 2026
  • Yeti tumblers are displayed at an REI store on May 09, 2024 in Berkeley, California.
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    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 Feb. 19, 2026
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    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 Feb. 17, 2026
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    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 Feb. 17, 2026
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    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 Feb. 13, 2026
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    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 Feb. 10, 2026
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    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 Feb. 9, 2026
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    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 Feb. 9, 2026
  • The Google corporate logo and Google Cloud logo stand outside the Google Germany offices on August 31, 2021 in Berlin, Germany.
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    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 Feb. 5, 2026
  • A Peloton bike is displayed at a Dick's Sporting Goods store on May 08, 2024 in Daly City, California
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    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 Feb. 5, 2026
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    Courtesy of FASB
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    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 Feb. 4, 2026
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    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 Updated Feb. 4, 2026
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    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 Feb. 3, 2026
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    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 Feb. 2, 2026
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    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 Jan. 30, 2026
  • Royal Caribbean's Icon of the Seas, on its second voyage in Miami, Fl on Feb. 3, 2024
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    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 Jan. 30, 2026
  • The ADM logo is seen on the company's headquarters building.
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    Courtesy of ADM
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    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 Jan. 28, 2026
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    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 Jan. 27, 2026
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    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 Jan. 27, 2026