Why spreadsheets aren’t going away anytime soon

Spreadsheets are not just a tool of the past; they will be a vital component of the future of finance, Gartner’s Mike Helsel writes.

By Mike Helsel • May 16, 2025

Cisco taps chief strategy officer to succeed retiring CFO

With Mark Patterson taking its finance reins, the tech giant will still likely continue prioritizing cash flow and shareholder returns, a Morningstar analyst said.

By Alexei Alexis • May 15, 2025

Walmart CEO: ‘Higher tariffs will result in higher prices’

The big-box retailer vows to keep those prices as low as possible and is leaning into relationships with vendors to respond to a fluctuating market.

By Kaarin Moore • May 15, 2025

House committee advances bill with ‘big three’ business tax relief

The bill advanced Wednesday by the House Ways and Means Committee would extend some business-friendly tax cuts from President Donald Trump’s first term.  

By Maura Webber Sadovi • May 14, 2025

Tesla CFO offloads another $1.1M in stock

The sale comes as Tesla looks to reverse slumping sales and combat brand hostility, while facing roadblocks on new projects such as its long-awaited “robotaxi” service.  

By Grace Noto • May 13, 2025

Booking CFO leans on AI in push to run ‘tight ship’

The online travel company is looking to slash costs by as much as $450 million by the end of 2027. It aims to reinvest some of the freed-up capital into AI projects.

By Alexei Alexis • May 13, 2025

Chewy CFO resigns; looks to return to semiconductor industry

The CFO’s departure comes after Chewy reported rising sales and customer figures for 2024, despite seeing its stock value wobble amid “meme” stock trades.

By Grace Noto • May 12, 2025

PwC cuts 2% of US workforce, citing ‘historically low’ attrition

This week the Big Four firm shed 1,500 workers in its assurance and tax units — including accountants — layoffs that aren’t tied to AI, PwC said.

By Suman Bhattacharyya • May 8, 2025

Fed warns of rising inflation, unemployment risks; holds rates steady

“Uncertainty about the economic impact has increased further,” policymakers said in a statement after a two-day meeting.

By Jim Tyson • Updated May 7, 2025

Vodafone CFO departs for Vonovia CEO role

Vodafone and SAP alum Luka Mucic will tread familiar waters as Vonovia’s CEO. The German real estate company looks to boost growth after a downturn in the European housing market.

By Grace Noto • May 7, 2025

CFOs signal bigger hiring role amid talent shortage, Deloitte finds

Finance chiefs are increasingly involved in staffing their departments — effectively acting as the chief human resources officer for finance, the Big Four accounting and consulting firm asserts.

By Maura Webber Sadovi • May 7, 2025

ADM expects 2025 earnings to be at lower end of guidance, CFO says

The global grain merchant’s finance chief also said the company wouldn’t provide specific segment operating guidance due to tariff and macroeconomic uncertainties.

By Maura Webber Sadovi • May 6, 2025

Amazon doing ‘everything it can’ to hold down prices amid tariffs: CFO

Executives at Amazon, Apple and Tesla flagged concerns about President Trump’s tariffs during big tech’s latest earnings season.

By Alexei Alexis • May 6, 2025

The Ben Affleck accounting shortage hack

“The Accountant” movie from 2016 is loved by many CPAs. Will the new sequel and the franchise’s drama help attract more young people to the accounting profession?

By Maura Webber Sadovi • May 2, 2025

Tesla CFO sells another $1.1M in company shares

The EV maker’s finance chief has offloaded about $6.5 million in shares in 2025, according to company filings.  

By Grace Noto • May 2, 2025

Microsoft capex to grow at slower rate, CFO says

The pullback comes as big tech companies face growing investor scrutiny over their heavy artificial intelligence spending.

By Alexei Alexis • May 1, 2025

House committee votes to scuttle PCAOB, make SEC auditor watchdog

Democrats on the Financial Services Committee condemned efforts to eliminate the PCAOB, quoting Republicans who championed creation of the board in 2002.

By Jim Tyson • May 1, 2025

Tesla CFO equity, stock grant pushes comp to $139M

CFO Vaibhav Taneja was the only named executive to receive an equity grant for 2024, the EV maker said in its annual report.

By Grace Noto • May 1, 2025

ADP treasurer to take CFO seat

Peter Hadley will take the reins from Don McGuire, who has been finance chief since October of 2021.

By Maura Webber Sadovi • April 30, 2025

Harley-Davidson CEO recommended CFO as successor, shareholder says

Amid a proxy battle, the motor cycle company said three unnamed potential CEO candidates recently failed to gain majority support from its board.

By Grace Noto • April 29, 2025

PCAOB chair ‘deeply troubled’ by GOP proposal to abolish agency

The disruption to inspections of public accounting firms while a new program gets up and running could last years, PCAOB Chair Erica Williams said.

By Alexei Alexis • April 29, 2025

FASB’s draft rules could harm environmental credit markets, EDF says

The FASB is proposing specific accounting standards for carbon offsets and other climate-related credits and obligations, an area where GAAP is now effectively silent.

By Maura Webber Sadovi • April 29, 2025

Sol de Janeiro taps new CFO amid $1B-plus growth push

Colgate-Palmolive alum Elaine Paik will step into the skincare brand’s top financial seat and will also lead the company’s legal and IT teams. 

By Grace Noto • April 28, 2025

Texas passes CPA law as push to lower licensure barrier gains steam

At least 11 states have recently passed new legislation that removes the 150-hour college credit hurdle to CPA licensure.

By Maura Webber Sadovi • April 25, 2025

Deloitte shelves Q1 CFO survey amid scrambled economic outlook

The Big Four firm said it is not “at this time” releasing its first quarter CFO Signals report due to changes in the economy since the survey was conducted in February.

By Maura Webber Sadovi • April 25, 2025