Trump’s softer-touch SEC may ease CFO regulatory burden

By slimming the SEC’s budget, headcount and regulatory scope, a new agency chief would fall in step with Trump’s cost-cutting and efficiency campaign.

By Jim Tyson • Jan. 30, 2025

Victoria’s Secret taps former Joann exec for CFO seat

The transition comes as the lingerie retailer is pursuing a turnaround under a new CEO following market share declines and other challenges.

By Alexei Alexis • Jan. 29, 2025

Big Four, Apple weigh in on FASB’s proposed software guidance

While changes were suggested, many of the 32 respondents expressed general support for the broader effort to update the accounting guidance that has been untouched for decades.

By Maura Webber Sadovi • Jan. 28, 2025

State AGs threaten financial institutions over ESG, DEI policies

Bank of America, BlackRock, Citigroup, Goldman Sachs, JPMorgan Chase and Morgan Stanley were all asked about their plans for implementing hiring or supplier diversity goals.

By Lamar Johnson • Jan. 28, 2025

Agentic AI is here. Are CFOs ready?

It could take a while — perhaps years — before the technology’s full potential is realized, yet C-suites need to prepare now, analysts say.

By Alexei Alexis • Jan. 24, 2025

Trump pulls US from Paris Agreement — again — in packed day one slate

The president’s executive order freezes all funding related to the 2015 global climate treaty and also rescinds the nation’s International Climate Finance plan.

By Lamar Johnson • Jan. 21, 2025

Trump taps crypto-friendly Mark Uyeda as acting SEC chair

The appointment likely signals a loosening of the SEC’s cyrptocurrency policy during the second Trump presidency.  

By Grace Noto • Jan. 21, 2025

SEC general counsel, chief economist latest to follow Gensler to exit

The agency’s chief of staff and director of policy are among other leaders who have announced their departures just days ahead of Donald Trump’s inauguration.  

By Grace Noto • Jan. 17, 2025

FASB declines to tackle new credit risk transfer project

The U.S. accounting standard setter decided against adding a new project to its priority agenda that would have considered requiring banks to disclose more information about CRTs.

By Maura Webber Sadovi • Jan. 16, 2025

SEC hits ex-pharma CFO with sanction over fraud charges

The former finance chief is barred under a commission order from serving as an officer of a public company or practicing before the SEC as an accountant.

By Alexei Alexis • Jan. 16, 2025

Dropped PCAOB probe, lawsuit spotlight audit watchdog’s challenges

While the litigation was dismissed, the PCAOB is expected to face similar pushback from the incoming Trump administration. 

By Maura Webber Sadovi • Jan. 15, 2025

SEC’s chief accountant follows Gensler to exit

During his tenure at the SEC, Paul Munter didn’t pull any punches when it came to sounding the alarm about controversial accounting issues that concerned him.

By Maura Webber Sadovi • Jan. 14, 2025

Accounting flexibility, governance key to reducing errors: Netgain

Reducing the barrier to enter into the accounting profession can help ward against accounting errors, Netgain’s Chris Miller said.

By Grace Noto • Jan. 14, 2025

Meta joins chorus of DEI rollbacks, cutting roles and programs

The tech and social media giant ended a number of diversity, equity and inclusion initiatives last week, including its supplier diversity program.

By Lamar Johnson • Jan. 14, 2025

Ubisoft CFO, CEO skirt questions on potential Tencent sale

Leadership was guarded regarding questions of a possible buyout, rumors of which follow after shares of the Assassin’s Creed owner fell to 10-year lows last year.

By Grace Noto • Jan. 13, 2025

IRS hands crypto holders some 2025 relief

Despite the reprieve, taxpayers should still keep good records and continue using a consistent system such as LIFO for identifying digital assets sold can be easier, TaxBit’s Miles Fuller says. 

By Maura Webber Sadovi • Jan. 10, 2025

Coca-Cola Consolidated CFO to retire; CAO to succeed

The CFO swap comes as the largest U.S. bottler of Coke products continues with its bid to boost profitability, reporting $698 million in gross profit for its most recent quarter.

By Grace Noto • Jan. 10, 2025

Corporate hiring saw ‘more modest’ growth in December: ADP

Hiring growth slowed last month as CFOs continue to pay close attention to the labor market while crafting their 2025 business strategies.

By Grace Noto • Jan. 9, 2025

Freddie Mac promotes interim finance chief to CFO

The mortgage finance giant’s new CFO James Whitlinger’s annualized target total direct compensation will be $2.4 million, including $600,000 in salary, according to an SEC filing.

By Maura Webber Sadovi • Jan. 8, 2025

FASB swiftly clarifies new DISE rule’s effective date

The board wanted to make clear that all public companies must comply with the new expense disclosure requirements in their first annual reporting periods beginning after Dec. 15, 2026.

By Maura Webber Sadovi • Jan. 7, 2025

Palantir CFO sells $7M in stock amid valuation dip

The sale comes as a Morgan Stanley analyst cautioned that Palantir is “trading too far ahead” of its intrinsic value as it looks to take advantage of the generative AI boom.

By Grace Noto • Jan. 7, 2025

New Apple finance chief gets $1M salary

Kevan Parekh took over as Apple’s CFO effective Jan. 1, replacing Luca Maestri, who has assumed a new role at the tech giant.

By Alexei Alexis • Jan. 6, 2025

Uber CFO says stock is ‘undervalued;’ proceeds with $1.5B buyback

The buyback comes as the ride-hailing service aims to boost its free cash flow and refocuses on autonomous vehicles.  

By Grace Noto • Jan. 6, 2025

FASB pursues agenda refresh

Narrower projects could be in store for the accounting-standard setter as some stakeholders want more guidance on hot- button issues like crypto and goodwill.

By Maura Webber Sadovi • Jan. 6, 2025

The radical transparency era is here: ready or not, CFOs

CFOs need to gain a baseline understanding of how their companies are perceived externally — those that don’t are “flying blind,” McKinsey’s Andy West says.

By Maura Webber Sadovi • Dec. 20, 2024