Financial Reporting: Page 39


  • business invoice
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    Watch for these common invoice scams

    Mid-sized businesses are losing almost $300,000 annually to invoice fraud, which can also hurt supplier relationships, according to Branden Jenkins, COO of Medius. 

    By Oct. 10, 2022
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    EY in ‘dialogue’ with IRS on split-off divestitures

    As financial report preparers are beginning to grapple with the ramifications of the new 15% corporate minimum tax, the split-off issue is emerging as a flashpoint.

    By Oct. 7, 2022
  • 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 Trendlineâž”
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    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
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    FASB preps biggest ‘segment’ accounting change in 25 years

    Under the proposal, publicly-traded companies would have to disclose more frequent and comprehensive data on their business units.

    By Oct. 6, 2022
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    William Potter via Getty Images
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    Private company CFOs grapple with new lease accounting

    Lease inventories, hiring more staff and renegotiating lease terms are some of the moves private companies can take to make compliance easier.

    By Dawn Wotapka • Oct. 6, 2022
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    FASB extends LIBOR relief two years

    The decision has been months in the making and comes as FASB’s rule-making process has come under fire from a Securities and Exchange Commission committee.

    By Oct. 5, 2022
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    PCAOB sanctions four audit firms in enforcement ‘sweep’

    The watchdog for the firms that audit publicly-traded companies has intensified supervision in 2022, with plans to sharpen penalties against rule-breakers.

    By Oct. 5, 2022
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    FSOC crafts committee for climate-related financial risks

    The FSOC said its new committee will focus on gathering information and analyzing climate-related financial risks.

    By Oct. 4, 2022
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    Andrew Burton / Staff via Getty Images
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    BlackRock CFO pick may signal strategy shift

    The CFO shift could indicate a deeper focus on the private equity or high net worth wealth arena for BlackRock, an analyst said. 

    By Oct. 3, 2022
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    Permission granted by InnoVyne Technologies
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    Sponsored by InnoVyne Technologies

    Top-down budgeting vs bottom-up budgeting: Which one is best for your business?

    In this article, we'll go over both approaches to budgeting so you can pick the one that works best for your business.

    Oct. 3, 2022
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    Lintao Zhang via Getty Images
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    Deloitte China to pay $20M SEC penalty

    The penalty is the latest sign of regulators’ battle to ensure foreign companies on U.S. exchanges comply with the country’s accounting standards.

    By Sept. 30, 2022
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    NJ Devils, Philly 76ers veteran named Schellman CFO

    Andy Goldstein, who has held the top financial seat for big-name brands such as the New Jersey Devils, will tap his 22 years of industry experience as CFO for the accounting firm.

    By Elizabeth Flood • Sept. 29, 2022
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    Tyson Foods promotes chairman’s son to CFO

    John R. Tyson, son of Chairman John H. Tyson, was promoted to CFO as the company navigates economic headwinds including higher supply costs.

    By Elizabeth Flood • Sept. 28, 2022
  • Businesswoman checks online invoice
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    AndreyPopov via Getty Images
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    Prioritizing AR innovation can help CFOs weather recession: study

    With inflation top of mind for CFO’s, upgrading AR processes could help financial executives buffer against persistent economic pressures.

    By Sept. 28, 2022
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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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    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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    Dan Kitwood via Getty Images
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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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    blackred via Getty Images
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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
  • Chobani announced it had Fair Trade Certified yogurt in May 2021.
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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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    Dan Kitwood via Getty Images
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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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    Tim Boyle via Getty Images
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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