Financial Reporting: Page 36


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    PayPal alum latest to take CFO seat for Zepz as it reaches profitability

    PayPal alum Robert Mitchell will take the remittance platform’s financial helm as it looks to foster further growth after reaching profitability during the first half of 2022.

    By Sept. 27, 2022
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    EY’s split to offer CFOs ‘more choice,’ exec says

    The auditing and consulting firm is in the “design” phase as EY partners vote on its separation, leaving CFOs facing unanswered questions regarding auditing fees.

    By Elizabeth Flood • Sept. 27, 2022
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    Trendline

    CFO best practices in the evolving generative AI era

    As the initial frenzy around the launch of generative artificial intelligence subsides, a new GenAI era appears to be taking shape.

    By CFO Dive staff
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    FleetCor taps insider interim after CFO resigns

    CFO seat turnovers are coming at a brisk pace as finance chiefs face an increasingly potent mix of pressures, said executive search expert Josh Crist.

    By Sept. 27, 2022
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    YETI CFO resigns following lukewarm earnings

    Paul Carbone, who took the company public during his first year as CFO, is departing to pursue another venture closer to family after four years in the role.

    By Elizabeth Flood • Sept. 26, 2022
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    CFO of bankrupt Voyager resigns after five-month stretch

    The CFO of the cryptocurrency exchange is resigning after just five months on the job as the company finalizes its bankruptcy.

    By Sept. 26, 2022
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    SEC committee calls for FASB reform

    FASB’s slow rule-making process can have negative consequences for investors and financial executives, the SEC’s report asserts.

    By Sept. 26, 2022
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    Adeline Kon/CFO Dive
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    Sponsored by Center for Audit Quality

    [PODCAST] Sox Talks

    Tune into the new Sox Talks podcast to hear what SOX has accomplished—and what comes next.

    By CFO Dive's studioID • Sept. 26, 2022
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    Dentsply taps new CFO after shaking up Moderna

    Dentsply’s disclosure in May of an internal probe into its use of incentives led to the swift departure of its former CFO Jorge Gomez from Moderna after only one day on the job.

    By Sept. 23, 2022
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    Courtesy of Chobani
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    Chobani names permanent CFO, revitalizes IPO talks

    The company’s former CFO departed in June after another delay in IPO plans.

    By Elizabeth Flood • Sept. 23, 2022
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    FASB LIBOR relief draws support, deadline nears

    The proposal would extend accounting relief for another two years to borrowers switching LIBOR-linked loans to new benchmarks.

    By Sept. 21, 2022
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    SEC presses for economic risk disclosures

    The SEC’s focus on disclosures related to turbulence in the economy comes as the agency pushes companies to disclose more about executive pay. 

    By Sept. 20, 2022
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    Emmi Group poaches CFO from Calida Group

    The dairy producer appointed Sacha D. Gerber as CFO. Gerber plans to leave the top financial position at luxury underwear company Calida Group.

    By Elizabeth Flood • Sept. 19, 2022
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    CFOs need to ‘get smart’ about ESG reporting

    “ESG requirements are changing the landscape of corporate America,” said Lisa Edwards, president and chief operating officer of SaaS firm Diligent.  

    By Elizabeth Flood • Sept. 15, 2022
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    Private companies grapple with FASB lease accounting rules

    Private companies have voiced concerns about the complexity of updated lease accounting rules, a FASB staff member reported Wednesday. 

    By Sept. 14, 2022
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    Grindr appoints new CFO as it readies for IPO

    The dating app operator named a former Disney exec as its CFO as it moves forward with plans to go public later this year.

    By Elizabeth Flood • Sept. 14, 2022
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    Opinion

    Intercompany ops: more than zero-sum game

    For CFOs of growing companies, intercompany operations have increasing implications that extend across accounting, finance, tax, and treasury departments.

    By David Brightman • Sept. 13, 2022
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    Courtesy of Peloton
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    Peloton co-founders exit amid operational, accounting headwinds

    The resignations come roughly two weeks after Peloton announced it was delaying its 10-K filing because it needed more time to complete fourth-quarter accounting and disclosures related to impairment charges.

    By Elizabeth Flood • Sept. 13, 2022
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    Base pay comprises as little as 37% of startup exec comp

    While median executive compensation rose 8.5% in 2021, many C-suite pay packages lack structural protections needed in volatile markets. 

    By Sept. 12, 2022
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    FASB to consider tweaking lease accounting guidance

    Lease accounting is one of three major standards currently undergoing post-implementation reviews, according to FASB spokesperson Christine Klimek.

    By Sept. 9, 2022
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    Courtesy of Shopify
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    Shopify taps Morgan Stanley exec as CFO

    The e-commerce giant’s leadership shakeup comes two months after Shopify announced it was slashing its workforce by 10%.

    By Elizabeth Flood • Sept. 9, 2022
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    Earnings Outlook: Homebuilder CFOs battle inflated material, labor costs

    Homebuilders report steady, but uneasy quarterly results as inflation pushes up costs of material, labor and home prices.

    By Sept. 8, 2022
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    Gensler: securities laws cover ‘vast majority’ of crypto tokens

    The SEC’s Gary Gensler signaled he would cooperate with the Commodity Futures Trading Commission to the extent that “it needs greater authorities with which to oversee and regulate crypto non-security tokens.”

    By Sept. 8, 2022
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    AT&T CFO says demand still ‘solid’ post price hike

    Despite “reduced visibility” into economic trends going into next year due to the current macroeconomic environment, Desroches expects improved cash conversions in 2023.

    By Elizabeth Flood • Sept. 8, 2022
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    FreshBooks taps PwC alum as new CFO

    The cloud accounting software company appointed Wayne Jackson, who has 40 years of experience in the financial industry. 

    By Elizabeth Flood • Sept. 7, 2022
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    Law firm Olgetree Deakins taps former Steptoe CFO

    David Zimbrick will depart after two decades at Steptoe & Johnson in favor of  the CFO seat at Ogletree.

    By Elizabeth Flood • Sept. 6, 2022