Financial Reporting: Page 5


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    Former Shoe Carnival CFO retakes finance chief reins

    Kerry Jackson will slip back into the CFO role he held for 26 years as Shoe Carnival targets expansive growth plans for its Shoe Station segment.

    By Sept. 26, 2025
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    One-third of corporate spending aligns with sustainability: Risilience

    Fifty-two percent of large companies have created plans to achieve net-zero carbon emissions, and 30% are drawing up such roadmaps, Risilience found in a survey.

    By Sept. 24, 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
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    Accel Entertainment taps Kraft Heinz alum as CFO

    Brett Summerer will leverage his M&A expertise as Accel’s newly minted CFO, as the company looks to execute on a “multipronged” growth strategy.

    By Sept. 23, 2025
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    Senate report on Silicon Valley Bank rips KPMG, reveals CFO role

    The Senate subcommittee’s report stems from a 28-month investigation that reviewed nearly 100 hours of briefings and interviews with auditors and regulators.

    By Sept. 19, 2025
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    Courtesy of FASB
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    FASB finalizes narrow software accounting update

    The targeted new guidance detailing how companies should capitalize certain software costs is effective for annual reporting periods beginning after Dec. 15, 2027.

    By Sept. 18, 2025
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    PayPal vet jumps to Extend CFO seat

    Francois Horikawa will become the spend management platform’s first CFO as Extend taps $20 million in newly raised capital to accelerate its path to profitability.

    By Sept. 18, 2025
  • Federal Reserve Chairman Jerome Powell answers questions from reporters
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    Fed trims main rate by quarter-point, forecasts two more cuts this year

    Policymakers reduced borrowing costs for the first time in 2025 as concerns about a decline in hiring prompted them to put on hold efforts to curb inflation to their 2% target.

    By Updated Sept. 17, 2025
  • Securities and Exchange Commission Chairman Paul Atkins speaks at a lectern
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    SEC prioritizes Trump call to axe quarterly earnings

    The SEC has changed the frequency of reports before, pivoting from semiannual reporting in 1970 to mandate quarterly reporting for publicly traded companies.

    By Sept. 16, 2025
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    Trump-backed push to nix quarterly reports not ‘slam dunk’ for CFOs

    Advocates say ditching 10Qs would enable more focus on long-term planning, but some finance execs view the process as an early warning system, experts say.

    By Sept. 15, 2025
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    Alstom alum takes Worldline CFO seat to drive cash flow, growth push

    The newly-minted CFO will focus on regaining a path to growth, after Worldline’s free cash flow plunged by more than 50% during the first half of the year.  

    By Sept. 15, 2025
  • Vue International CEO presented with award during CinemaCon on Mar. 31, 25 in Las Vegas
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    Cinema operator Vue taps new CFO

    The CFO swap comes as Vue aims to expand its presence throughout Europe after a 2024 financial restructuring.

    By Sept. 12, 2025
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    Tesla CFO unloads more stock as CEO pay battle brews

    The CFO’s latest share sale comes as the EV maker’s CEO Elon Musk is seeking a $1 trillion pay package.

    By Sept. 10, 2025
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    Rising tariff worries, AI use puts spotlight on FP&A, Protiviti survey finds

    Businesses are increasingly looking to FP&A to manage their data needs as concerns related to cybersecurity, AI and tariffs rise, Protiviti found.

    By Sept. 9, 2025
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    Dell CFO resigns after two years in seat

    Yvonne McGill’s time as finance chief capped a nearly 30-year career at the Texas-based PC-maker. She is credited with helping grow Dell’s AI business.

    By Sept. 9, 2025
  • Salesforce CEO Marc Benioff speaks during a company event.
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    AI-driven job displacement may already be here: Fed

    The CEOs of Salesforce and Amazon have been in the spotlight after touting AI’s ability to handle some jobs in place of humans.

    By Sept. 9, 2025
  • Exterior of Walmart store with a sign that reads "grocery" and two cars parked in front.
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    Sam Silverstein/CFO Dive
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    Walmart CFO in SEC filing trims planned sales of company shares

    John David Rainey, the retail behemoth’s finance chief, plans to sell a maximum total of 40,000 shares on two dates early next year.

    By Sept. 8, 2025
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    Stablecoin maturity, regulation opens crypto adoption gate: Taxbit CEO

    While regulatory clarity has eased some of the risks associated with stablecoins, CFOs are still eyeing outstanding accounting and tax questions.

    By Sept. 8, 2025
  • People walking in front of a Sweetgreen on Aug.8, 2025 in Chicago, Illinois
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    Sweetgreen swipes Chipotle CAO for CFO

    Jamie McConnell will step in as Sweetgreen’s finance chief after a “convergence” of external and internal challenges led to slumping sales for the salad chain.

    By Sept. 5, 2025
  • President Trump holding tariff chart during "Liberation Day" announcement on April 2, 2025 in DC
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    Spectrum Brands terminates CFO to cut costs

    The CFO departure comes as Spectrum targets additional cost savings and navigates the ongoing impacts of what CEO David Maura called “the tariff torpedo.”

    By Sept. 3, 2025
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    California CPA pathways bill heads to Governor Newsom’s desk

    Golden State lawmakers passed the legislation Tuesday, positioning the accounting industry’s licensing reform initiative for a big state win.

    By Sept. 3, 2025
  • Shot of Crocs footwear at a Crocs store in Chicago Il on July 22, 2021
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    Scott Olson via Getty Images
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    Crocs appoints Nike alum to CFO chair

    Patraic Reagan will receive a sign-on bonus of $800,000 in association with his appointment as finance chief, the shoe brand said.  

    By Updated Sept. 2, 2025
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    Deep Dive

    Accounting talent shortage eases as layoff fears creep up

    The increasing use of AI and offshore outsourcing to help with financial tasks, such as closing the books, is loosening the accounting labor market, experts say.

    By Aug. 28, 2025
  • Jack Daniel's whiskey bottles displayed on shelf
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    Jack Daniel’s maker CFO to retire after 4 years in seat

    Leanne Cunningham plans to retire from Brown-Forman on May 1. The Louisville, Kentucky-based spirits maker faces pressures from tariffs and changing alcohol consumption habits.

    By Aug. 26, 2025
  • Packs of Newport brand cigarettes on a shelf in New York City on April 29, 2021.
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    Michael M. Santiago via Getty Images
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    British American Tobacco CFO steps down abruptly

    The CFO departure comes as the Lucky Strike maker focuses on boosting growth for its vape and smokeless products. BAT is one of three global tobacco brands that agreed to pay a collective $23.7 billion to settle decades-long litigation with Canada earlier this year. 

    By Aug. 26, 2025
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    Walmart, Target tout AI plans

    The two retail giants are capitalizing on sustained investment in their technology foundations even as they face economic headwinds.

    By Lindsey Wilkinson • Aug. 26, 2025