FASB’s draft rules could harm environmental credit markets, EDF says

The FASB is proposing specific accounting standards for carbon offsets and other climate-related credits and obligations, an area where GAAP is now effectively silent.

By Maura Webber Sadovi • April 29, 2025

Nearly 6 out of 10 workers admit making AI-fueled errors

Many employees using AI at work are “knowingly using it improperly,” according to a KPMG report.

By Alexei Alexis • April 29, 2025

Tariff turmoil could open door for vendor fraud, experts say

The situation is reminiscent of the COVID-19 pandemic, which triggered “urgent vendor sourcing and payment pressures for companies,” a treasury expert said.

By Alexei Alexis • April 29, 2025

GOP lawmakers propose legislation scrapping auditor watchdog PCAOB

Paul Atkins, prior to his confirmation as head of the Securities and Exchange Commission this month, told a Senate panel in March that oversight of auditors “is vital.”

By Jim Tyson • Updated April 28, 2025

Consumer expectations plunge at fastest pace since 1990 recession

“Some measures of expectations on both the business and consumer fronts look outright recessionary,” Goldman Sachs Chief Economist Jan Hatzius said.

By Jim Tyson • April 25, 2025

Deloitte shelves Q1 CFO survey amid scrambled economic outlook

The Big Four firm said it is not “at this time” releasing its first quarter CFO Signals report due to changes in the economy since the survey was conducted in February.

By Maura Webber Sadovi • April 25, 2025

Jobless claims edged up, showing labor market steady as tariffs bite

Disruptions from Trump’s import duties will probably roil the job market in coming weeks, according to economists.

By Jim Tyson • April 24, 2025

Bessent sees ‘big deal’ possible with China, Trump’s top tariff target

Washington since 2006 has urged Beijing to narrow the bilateral trade gap by spurring domestic consumption.

By Jim Tyson • April 23, 2025

CFO tips for navigating M&A deals amid tariff turmoil

M&A targets need to be valued based on more than just historical financial statements in the current environment, deal lawyers said.

By Alexei Alexis • April 23, 2025

Bankrupt 23andMe faces growing questions over data privacy

Interim CEO Joe Selsavage, who also serves as CFO, is in the hot seat as U.S. lawmakers probe data privacy issues related to the company’s bankruptcy proceeding.

By Alexei Alexis • April 22, 2025

No turning back: How disruption is accelerating era of next-gen CFO

“To navigate this new era, finance leaders must rethink their traditional approaches,” writes WNS executive Krishnan Raghunathan.

By Krishnan Raghunathan • April 22, 2025

Trump renews attack on Powell in call for rate cut; borrowing costs rise

Since Trump took office in January, Powell has repeatedly said that an effort by Trump to remove him would contradict the law.

By Jim Tyson • April 21, 2025

IRS acting head’s ouster adds to agency’s ‘chaotic’ shake-up

The agency’s leadership turmoil would likely harm taxpayer service first, while its impact on revenue collection would be seen later, according to a Tax Foundation policy analyst.

By Maura Webber Sadovi • April 21, 2025

Are you fighting fraud blind? The role of AI in real-time detection

Is your fraud detection outdated? Discover how AI can stop fraud in real time before it hurts you.

April 21, 2025

Cuts to middle management stressing 72% of senior executives: Korn Ferry

Forty-four percent of U.S. employees report that their companies have sliced away managerial levels, Korn Ferry said.

By Jim Tyson • April 18, 2025

Work visas favored by big tech CFOs face more scrutiny, attorneys say

As the Trump administration tightens immigration policies, legal experts say lengthier vetting of visa petitions require companies to develop international talent plans up to a year in advance.

By Suman Bhattacharyya • April 18, 2025

Trade war puts US on ‘precipice’ of recession: Moody’s chief economist

The U.S. economy will likely begin to shrink “unless policy takes a very sharp turn here pretty quickly,” Moody’s Chief Economist Mark Zandi said.

By Jim Tyson • April 17, 2025

Trump tariffs add to warehouse automation woes

Some vendors say their customers are already becoming “increasingly concerned” about the tariffs, according to a report by Interact Analysis.

By Alexei Alexis • April 17, 2025

Powell says tariffs will likely push up inflation, unemployment rate

Federal Reserve Chair Jerome Powell highlighted how planned and enacted policy shifts by the Trump administration have created unusual economic uncertainty.

By Jim Tyson • April 16, 2025

Most companies just test-driving AI agents: KPMG

Despite a rise in agents that are being piloted, full-scale deployment of the technology has remained flat, a survey by the Big Four accounting firm found.

By Alexei Alexis • April 16, 2025

Deepfake job candidates flagged as growing cyberthreat

Once inside a company, a deepfake employee can launch a cyberattack for financial gain, warns fraud detection firm Pindrop.

By Alexei Alexis • April 15, 2025

Microsoft confirms AI pullback as tariffs compound pressure

A significant “endeavor at this size and scale requires agility and refinement as we learn and grow with our customers,” Microsoft’s Noelle Walsh said.

By Alexei Alexis • April 15, 2025

Inflation likely to surge to 3.3% this year: NABE survey

The rise in price pressures will prove short-lived, according to a survey of economists. Still, inflation will likely persist above the Federal Reserve’s 2% target through next year.

By Jim Tyson • April 14, 2025

Tariff threats spark surge in PC shipments

As vendors raced to stockpile U.S. inventory, end-users remained cautious during the first quarter of the year, Gartner's Rishi Padhi said.

By Matt Ashare • April 14, 2025

FASB sets clock for derivatives rules update

Existing accounting standards have led to “scope creep,” with derivative standards being applied too often, FASB Chair Richard Jones said.  

By Maura Webber Sadovi • April 11, 2025