Financial Reporting: Page 5


  • The building features a modern glass façade with the Nasdaq logo prominently displayed. Surrounding the structure are other commercial buildings and digital billboards, which are characteristic of the vibrant Times Square environment.
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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 Aug. 12, 2025
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    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 Aug. 12, 2025
  • 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
  • Finance teams using AI already seeing ROI.
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    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 Aug. 11, 2025
  • Robin Washington, COFO of Salesforce
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    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 Aug. 11, 2025
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    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 Aug. 8, 2025
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    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 Aug. 7, 2025
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    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 Aug. 7, 2025
  • The Microsoft pavilion stands are seen at the Hannover Messe industrial trade fair on March 31, 2025 in Hanover, Germany.
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    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 July 31, 2025
  • Accounts payable and receivable
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    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 July 31, 2025
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    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 July 30, 2025
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    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 July 29, 2025
  • The Microsoft logo is seen at an Experience Center on Fifth Avenue on April 03, 2024 in New York City.
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    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 July 28, 2025
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    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 July 25, 2025
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    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 July 24, 2025
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    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 July 24, 2025
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    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 July 24, 2025
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    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 July 23, 2025
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    CFO Editorial Staff
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    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 July 23, 2025
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    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 July 23, 2025
  • Ron DeSantis speaks in a navy blue suit and light blue shirt, at a wooden podium that reads "$2 in 2025" in red about a red gas can over the words "Fueling American Freedom" in blue.
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    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 July 22, 2025
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    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 July 22, 2025
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    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 July 22, 2025
  • A street lamp tilts right as the white storefront of a "Nordstrom Rack" location tilts left, as sun streams in a light blue sky. Vertical bars decorate the building above and below the word "Rack."
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    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 July 17, 2025
  • Orbia CFO Jim Kelly and IMAX CFO Natasha Fernandes during the July 9, 2025 Risky Business event
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    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 July 17, 2025
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    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 July 16, 2025