Financial Reporting: Page 5
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Urgently CFO steps down after two months
The CFO’s departure comes as the digital roadside assistance company looks to continue addressing material weaknesses in its financial reporting.
By Grace Noto • Aug. 12, 2025 -
Why the EU AI Act could be a wake-up call for US CFOs
Staggered effective dates and uncertainty about which companies must comply could yield fresh financial pressures for CFOs, according to an attorney who specializes in cybersecurity.
By Suman Bhattacharyya • Aug. 12, 2025 -
Explore the Trendline➔
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TrendlineCFO 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 -
OneStream CEO highlights ‘deterministic’ AI approach
After a strong second quarter, OneStream is keeping its focus on creating AI solutions that can provide CFOs with clear, rather than subjective insights, CEO Tom Shea said.
By Grace Noto • Aug. 11, 2025 -
How Salesforce’s finance chief is leveraging AI
With artificial intelligence tools, the time it takes to prepare for earnings calls has “been reduced to hours instead of days,” the executive said.
By Alexei Alexis • Aug. 11, 2025 -
The Trade Desk names new CFO, warns of tariff disruption
The Trade Desk will grant venture capital veteran and incoming CFO Alex Kayyal a $600,000 signing bonus as it tries to navigate uncertainty from U.S. tariffs.
By Grace Noto • Aug. 8, 2025 -
Peloton to shrink workforce by 6% in cost-cutting effort
The fitness company told its shareholders that operating expenses “remain too high, which hinders our ability to invest in our future.”
By Alexei Alexis • Aug. 7, 2025 -
Fastly taps new CFO amid record revenue
The CFO swap comes after the content delivery platform appointed Kip Compton to its CEO chair in June. The company is now targeting between $594 million to $602 million in full-year revenue.
By Grace Noto • Aug. 7, 2025 -
Microsoft capex to exceed $30B this quarter, CFO says
The tech giant saw its heavy AI spending pay off Thursday as strong quarterly earnings results helped propel its valuation past the $4 trillion mark.
By Alexei Alexis • July 31, 2025 -
FASB issues credit loss accounting relief
The latest GAAP update comes as FASB stakeholders have identified several new standard-setting areas of interest, including potential projects related to stablecoins.
By Maura Webber Sadovi • July 31, 2025 -
Boeing narrows losses ahead of new CFO’s arrival
Brian West oversaw his last earnings call as Boeing’s CFO on Tuesday. Lockheed Martin alum Jay Malave is set to take the jet maker’s finance reins next month.
By Grace Noto • July 30, 2025 -
KPMG revives bid for SVB complaint dismissal
In June a California judge denied motions to dismiss claims in a class action suit against SVB Financial Group’s former CFO, CEO, directors and auditor.
By Maura Webber Sadovi • July 29, 2025 -
Microsoft says H-1B visas, layoffs ‘in no way’ related
Scrutiny of the tech giant’s use of the visa program comes at the end of a month in which the company announced deep job cuts.
By Maura Webber Sadovi • July 28, 2025 -
Businesses get more predictable tax runway: EY
Many companies are still “running the numbers” to determine how Trump’s budget will effect their bottom line, but it ushers in a period of “relative tax certainty,” EY’s Adam Francis says.
By Maura Webber Sadovi • July 25, 2025 -
Alphabet CFO reports spike in operating costs after $1.4B Texas settlement
Alphabet’s total operating expenses jumped 20% during the second quarter, driven largely by legal costs, CFO Anat Ashkenazi said.
By Alexei Alexis • July 24, 2025 -
FASB advances GAAP codification refresh
More than 30 accounting rule updates were affirmed by the U.S. standard setter Wednesday as part of a broad refresh of the codification that underpins GAAP.
By Maura Webber Sadovi • July 24, 2025 -
Musk warns of ‘rough’ quarters ahead amid Tesla revenue slump
CFO Vaibhav Taneja highlighted “near-term challenges” due to regulatory and tariff impacts, as the EV maker reported a 12% slide in revenue for its second quarter.
By Grace Noto • July 24, 2025 -
Gainesville Mayor braces for another DOGE-style review
Mayor Harvey Ward will cooperate with the state’s planned audit of the city’s spending, he said, but he “stands by” the city government’s efficiency.
By Maura Webber Sadovi • July 23, 2025 -
PCAOB slams Hong Kong auditor of Luckin Coffee
Luckin Coffee hired the Hong Kong-based auditing firm soon after settling fraud charges brought by the Securities and Exchange Commission in 2020.
By Jim Tyson • July 23, 2025 -
GM CFO looks to strategic pricing, costs to blunt $1.1B tariff impact
Trade deals with South Korea, Mexico and Canada will be important for the automaker’s future, the executive said Tuesday.
By Grace Noto • July 23, 2025 -
Florida governor, CFO launch DOGE-style local government audits
The Florida’s DOGE audit announcements come roughly a week after Gov. Ron DeSantis appointed Blaise Ingoglia to become the state’s finance chief.
By Maura Webber Sadovi • July 22, 2025 -
SEC appoints George Botic as PCAOB acting chair
PCAOB “lifer” George Botic will take over as acting chair for the audit watchdog, which won a narrow reprieve after a provision to fold it into the SEC was removed from the “Big Beautiful Bill.”
By Grace Noto • July 22, 2025 -
Deep Dive
GENIUS Act leaves stablecoin accounting, risk gaps
The GENIUS Act opens the door for greater stablecoin adoption — but it still leaves crucial accounting and compliance questions left unanswered for CFOs.
By Grace Noto • July 22, 2025 -
Nordstrom poaches Dollar General CFO Kelly Dilts
The retail industry veteran is jumping from a budget retailer to one that is known for luxury and upscale customer service.
By Alexei Alexis • July 17, 2025 -
IMAX, Orbia CFOs advise wait-and-see tariff approach
It’s important to keep a watchful eye on U.S. tariff policies as they continue to shift — but sometimes, the most strategic move may be none at all, top financial leaders said.
By Grace Noto • July 17, 2025 -
Williams resigns as PCAOB chair as Trump shakes up financial regulation
President Donald Trump this year has followed up on a campaign pledge to soften regulation across the full range of U.S. industries, including financial services.
By Jim Tyson • July 16, 2025