Financial Reporting: Page 6
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Oracle exec signals all-in AI agent strategy as competition heats up
The software giant is among several enterprise software companies that have begun rolling out products leveraging the nascent technology.
By Alexei Alexis • March 11, 2025 -
Costco CFO says 50 cent wage increase poses expense ‘headwind’
CFO Gary Millerchip said Thursday that Costco will continue looking for ways to offset the expected impact of its new employee agreement on SG&A.
By Maura Webber Sadovi • March 10, 2025 -
Explore the Trendline➔
Mario Tama via Getty ImagesTrendlineTop 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 -
Gap to explore ‘AI monetization opportunities’
The retailer plans to capitalize on investments made last year, including the creation of an AI unit.
By Lindsey Wilkinson • March 7, 2025 -
Direct Relief taps Salesforce CFO for CEO
Salesforce CFO Amy Weaver announced her intent to depart last year; in February, the software giant announced it would be combining its CFO and COO roles into a newly-created “COFO” position.
By Grace Noto • March 7, 2025 -
Orthofix’s fired execs’ lewd, ‘graphic’ texts surface in legal battle
The medical device maker didn’t originally specify the reasons behind the 2023 firing of its CEO, CFO and CLO. Now, a court case is illuminating the story behind the terminations.
By Maura Webber Sadovi • March 7, 2025 -
Tesla CFO sells $1.7M more in stock
The sale comes as Tesla’s stock has lost a third of its value since President Donald Trump took office, amid a backlash against the EV maker’s CEO Elon Musk and a broadening trade war.
By Grace Noto • March 6, 2025 -
AICPA strips ‘competencies’ from new CPA licensure path
The revised proposal comes as more states are seeking to stop requiring certified public accountants to complete 150 hours of college credits to get licensed.
By Maura Webber Sadovi • March 5, 2025 -
Starbucks gives incoming CFO $5M signing bonus
The bonus is part of a bid to induce CFO Cathy Smith to join the coffee retailer as well as to help her recoup some of the compensation she forfeited as she prepares to depart Nordstrom for Starbucks.
By Grace Noto • March 4, 2025 -
Cyberattacks targeting IT vendors intensify, causing bigger losses
Ransomware criminals are on the hunt for prime targets that can yield bigger payouts, according to cyber risk management firm Resilience.
By Alexei Alexis • March 4, 2025 -
Trump tariffs: March madness runs down the clock
Stocks slumped Monday after President Trump reasserted U.S. tariffs on imports from Canada and Mexico would go into effect Tuesday.
By Maura Webber Sadovi • Updated March 3, 2025 -
Crypto firm Tether appoints new CFO before full audit
Tether will conduct a full audit in a bid to leave behind a somewhat checkered past with U.S. regulators as the Trump administration courts the crypto industry.
By Grace Noto • March 3, 2025 -
Sponsored by Eide Bailly
4 ways organizations can improve profitability
Boosting profitability starts with making smart decisions backed by strong data.
March 3, 2025 -
Robinhood CFO sells $1.2M in shares following dropped SEC investigation
The sale comes as the platform is eyeing further expansion into the industry and follows on the heels of the SEC dropping an investigation into Robinhood’s crypto unit.
By Grace Noto • Feb. 28, 2025 -
Sponsored by Sovos
[Podcast] Modern Tax Compliance
Stay ahead of tax compliance with Modern Tax Compliance, a new Sovos podcast covering regulations, real-time monitoring, and digital assets.
By CFO Dive's studioID • Feb. 28, 2025 -
Salesforce expects AI agent push to yield ‘modest’ returns this year
The company’s stock price dipped after it reported revenue guidance for the coming year that fell short of analysts’ expectations.
By Alexei Alexis • Feb. 27, 2025 -
New AICPA CEO vows to be ‘vocal’ if IRS cuts affect service
Mark Koziel is taking the accounting organization’s reins as the industry faces headwinds related to taxes, the PCAOB and CPA licensure reform.
By Maura Webber Sadovi • Feb. 27, 2025 -
Super Micro internal control flagged in delayed 10-K filing
The AI server maker’s shares jumped about 12% Wednesday after it said it had “regained compliance” with Nasdaq filing requirements.
By Maura Webber Sadovi • Feb. 26, 2025 -
PCAOB fines PwC Israel $2.7M for exam answer sharing
Monetary penalties imposed by the PCAOB during Biden’s presidency were over six times higher than those seen during the first Trump administration, according to a recent report.
By Grace Noto • Feb. 26, 2025 -
Accelerating the accounting strategic shift: Brex CAO
Leaders need to meld AI’s potential benefits with the judgment and experience of skilled accountants to best take advantage of the technology.
By Grace Noto • Feb. 25, 2025 -
Amplitude CFO focuses on value amid ‘year of the platform’
The data analytics firm is positioning itself to reach profitability this year as businesses look to consolidate software costs amid impacts from AI.
By Grace Noto • Feb. 24, 2025 -
Hasbro projects slight revenue growth this year despite tariffs
The toy company is looking to “diversify our manufacturing footprint to create optionality as we navigate the trade environment,” CFO Gina Goetter said.
By Alexei Alexis • Feb. 20, 2025 -
Wood Group CFO resigns after ‘incorrect description’ of qualifications
Arvind Balan said he decided to step down to minimize “distraction at this very pivotal time with our investors and lenders.”
By Alexei Alexis • Feb. 20, 2025 -
One-time EV darling Nikola files for Chapter 11 bankruptcy
The filing comes several months after CFO Tom Okray warned Nikola only had enough cash to meet its obligations into, but not beyond, Q1 2025.
By Grace Noto • Feb. 19, 2025 -
Southwest to cut 15% of leadership staff ahead of CFO shift
The “unprecedented” layoffs of senior and corporate leaders come as Breeze Airways alum Tom Doxey gears up to take Southwest’s CFO seat.
By Grace Noto • Feb. 18, 2025 -
Super Micro says DOJ, SEC subpoenaed documents
The AI server maker’s accounting has drawn scrutiny in the wake of a highly critical report on the company from the now-defunct short-seller Hindenburg Research.
By Maura Webber Sadovi • Feb. 12, 2025