Financial Reporting: Page 3


  • Illinois state capitol building in Springfield
    Image attribution tooltip
    tacojim via Getty Images
    Image attribution tooltip

    Illinois passes CPA licensure bill with 2027 start date

    Once signed into law, the legislation’s Jan. 1, 2027 effective date would allow time to set up rules needed to implement the changes, the Illinois CPA Society’s Martin Green says.

    By May 28, 2025
  • money
    Image attribution tooltip
    Toshe_O via Getty Images
    Image attribution tooltip

    Super Micro CFO sells nearly $3M in stock

    The sale comes roughly five months after the AI server company announced it would "transition” to a new CFO, among other changes aimed at improving internal controls.

    By May 27, 2025
  • An aerial view of a Pasha Hawaii container ship arriving in the Port Of Long Beach near a Cosco Shipping container ship on April 3, 2025 in Long Beach, California. Explore the Trendline
    Image attribution tooltip
    Mario Tama via Getty Images
    Image attribution tooltip
    Trendline

    Top 5 stories from CFO Dive

    Tarifff headwinds along with the accounting talent shortage and the promises and traps of generative AI, are among the top issues CFOs are grappling with this year.

    By CFO Dive staff
  • Salesforce
    Image attribution tooltip
    Sundry Photography via Getty Images
    Image attribution tooltip

    Tech firms betting big on AI agents face ‘tremendous’ ROI pressure: EY

    “Against an uncertain macroeconomic and trade environment, executives are still overwhelmingly positive on the business value that agentic AI can deliver,” said EY’s James Brundage.

    By May 27, 2025
  • Two people walk into a BJ's Wholesale Club store.
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    BJ’s Wholesale Club is willing to sacrifice margin for digital convenience

    Store-based fulfillment options cost the warehouse club money, but loyalty improvements more than make up the difference, according to CEO Bob Eddy.

    By Bryan Wassel • May 22, 2025
  • Gavel sitting on cash
    Image attribution tooltip
    Avosb via Getty Images
    Image attribution tooltip

    Ex-law firm CFO sentenced to three years in prison for $1.3M embezzlement scheme

    Former CFO Tony Archuleta-Perkins embezzled over $1.3 million from his former employers to pay for two California homes and other personal expenses, according to court documents.

    By May 22, 2025
  • A Cybertruck outside a California Tesla dealership on Dec. 20, 2024
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    Tesla CFO racks up third $1M May stock sale

    Among other moves to shore up investor trust, Tesla appointed former Chipotle CFO Jack Hartung to its board of directors, effective June 1.

    By May 21, 2025
  • The Manhattan skyline seen from above.
    Image attribution tooltip
    Art Wager via Getty Images
    Image attribution tooltip

    Paramount Group CFO, GC resign; office REIT launches strategic review

    The CFO and general counsel changes come as the REIT faces looming debt maturities in 2026, among other economic headwinds.

    By May 20, 2025
  • Minnesota State Capitol building
    Image attribution tooltip
    Stephen Maturen via Getty Images
    Image attribution tooltip

    Minnesota passes CPA pathways legislation after pioneering model

    Roughly two years after introducing a bill to ease CPA licensure rules, Minnesota lawmakers late Monday passed legislation establishing alternative routes to becoming a certified public accountant.

    By May 20, 2025
  • U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement event in the Rose Garden at the White House on April 2, 2025 in Washington, DC.
    Image attribution tooltip
    Chip Somodevilla / Staff via Getty Images
    Image attribution tooltip

    Continuous scenario planning, war chests top finance playbooks for uncertain times

    CFOs now grappling with on-again off-again tariff policies on top of other headwinds are using a variety of strategies to mitigate the risks of the fast-changing business climate.  

    By May 19, 2025
  • FASB board
    Image attribution tooltip
    Courtesy of FASB
    Image attribution tooltip

    FASB clarifies rules for warrants, share-based payments

    The GAAP update will affect how companies account for share-based financial instruments such as warrants that they grant to customers as a kind of rebate to incentivize purchases. 

    By May 16, 2025
  • spreadsheet
    Image attribution tooltip
    Marko Nikolic via Getty Images
    Image attribution tooltip
    Opinion

    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
  • A sign reads Cisco in bright red letters outside a corporate office.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    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 May 15, 2025
  • Walmart announces Carrier Pickup by FedEx.
    Image attribution tooltip
    Courtesy of Walmart
    Image attribution tooltip

    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
  • an exterior view of the US Capitol building
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    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 May 14, 2025
  • A view of Tesla's Shanghai factory on Mar. 29, 2021
    Image attribution tooltip
    Xiaolu Chu/ via Getty Images
    Image attribution tooltip

    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 May 13, 2025
  • Booking Holdings CFO Ewout Steenbergen speaks at a company Town Hall event.
    Image attribution tooltip
    Permission granted by Booking Holdings
    Image attribution tooltip

    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 May 13, 2025
  • Shot of Chewy website with product listings
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    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 May 12, 2025
  • PwC offices stand in More London Riverside on October 2, 2018 in London, England.
    Image attribution tooltip
    Jack Taylor via Getty Images
    Image attribution tooltip

    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 May 8, 2025
  • Jerome Powell
    Image attribution tooltip
    Vincent Alban via Getty Images
    Image attribution tooltip

    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 Updated May 7, 2025
  • Vodafone logo in front of a London storefront on Oct. 26, 2016
    Image attribution tooltip
    Leon Neal via Getty Images
    Image attribution tooltip

    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 May 7, 2025
  • hiring
    Image attribution tooltip
    Courtneyk via Getty Images
    Image attribution tooltip

    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 May 7, 2025
  • The ADM logo is seen on the company's headquarters building.
    Image attribution tooltip
    Courtesy of ADM
    Image attribution tooltip

    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 May 6, 2025
  • A line of Amazon delivery trucks leave an Amazon distribution facility on June 21, 2023 in Richmond, California.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    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 May 6, 2025
  • Ben Affleck
    Image attribution tooltip
    Frederick M. Brown via Getty Images
    Image attribution tooltip
    Opinion

    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 May 2, 2025
  • A truck reading "Save Tesla. Fire Musk." outside of NYC on Ap. 22, 2025
    Image attribution tooltip
    Eugene Gologursky via Getty Images
    Image attribution tooltip

    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 May 2, 2025