CPAs urge lawmakers to enact ‘fairer’ tax code

The AICPA recommends changes to the tax code as Republicans intensify opposition to the Biden administration’s signature tax policy initiatives.

By Jim Tyson • Feb. 13, 2023

FTC Dems take aim at merger review time limits

A new report shows “unprecedented” challenges faced by the agency in conducting effective merger reviews and the need for congressional action, FTC Chair Lina Khan and her two Democratic colleagues said.

By Alexei Alexis • Feb. 13, 2023

Explore the Trendline➔

Navigating risk in turbulent times

CFOs must help their organizations mitigate risks by balancing the need for both growth and stability. 

By CFO Dive staff

IRS relies on 64-year-old software, jeopardizing security: GAO

The IRS is set to receive $80 billion during the next decade under legislation passed last year, with a portion earmarked for upgrading technology.

By Jim Tyson • Feb. 10, 2023

Inflation erodes US company growth, return on capital: McKinsey

When facing persistent price pressure, companies need to focus more on sustaining gains in profit margins and return on capital, McKinsey said.

By Jim Tyson • Feb. 8, 2023

Fed’s Powell sees ‘significant road ahead’ to curb inflation

Fed policymakers will probably push up borrowing costs at coming meetings even though some measures of inflation have eased somewhat, Powell said.

By Jim Tyson • Feb. 7, 2023

House Republicans target SEC climate risk rule

Having taken control of the U.S. House, Republicans are redoubling efforts to thwart the Biden administration’s sustainability initiatives.

By Jim Tyson • Feb. 6, 2023

Audit committee job creep taking its toll

With internal audit committees biting off more than they can often chew, committee members across businesses are feeling the burnout. 

By Elizabeth Flood • Feb. 3, 2023

Activision Blizzard to pay SEC $35M for alleged disclosure flaws

The video gaming company has been the target of regulatory scrutiny since allegations of sex discrimination surfaced in 2018.

By Jim Tyson • Feb. 3, 2023

Fed slows tightening pace but signals more rate hikes to come

Fed Chair Jerome Powell predicted that the U.S. will avoid recession in 2023 while saying the Fed should lean toward tightening too much rather than too little.

By Jim Tyson • Feb. 1, 2023

Biden antitrust enforcers block deals at record pace

The FTC and DOJ are relying more on litigation and less on consent decrees in their merger enforcement approach.

By Alexei Alexis • Feb. 1, 2023

Wage growth slows, blunting threat of wage-price spiral

Federal Reserve policymakers say that a steady decline in wage growth is essential for a sustained easing of inflation.

By Jim Tyson • Jan. 31, 2023

Accountants may underestimate impact of Fed tightening: survey

“Further monetary tightening appears inevitable,” the ACCA and IMA said as the Federal Reserve prepared for a two-day policy meeting beginning Tuesday.

By Jim Tyson • Jan. 30, 2023

Companies face data privacy maze, skills gap

CFOs could be under increased pressure this year to focus on privacy, as new state laws come into effect.

By Alexei Alexis • Jan. 27, 2023

5 CFO tips for boosting tech ROI

CFOs are overhauling their technology budgets as inflation, slumping economic growth and other external forces jeopardize their earnings targets.

By Jim Tyson • Jan. 27, 2023

Auditors dialed back mandated disclosures: study

The study found that auditors pulled back on their disclosures of potentially negative financial matters as companies adjusted to new reporting requirements.  

By Maura Webber Sadovi • Jan. 26, 2023

Live Nation CFO blames bots in Swift ticket fiasco

Roughly two months after thousands of Taylor Swift fans were prevented from buying tickets, Ticketmaster’s CFO told a Senate committee Tuesday that the company could have done better, while largely pointing the finger at bots.

By Alexei Alexis • Jan. 24, 2023

Tyson CFO pleads guilty to trespassing, intoxication charges: report

John Randal Tyson pleaded guilty to charges of public intoxication and trespassing. The move marks a change from one month earlier when he pleaded not guilty.

By Elizabeth Flood • Jan. 24, 2023

More companies report falling profit margins: NABE

U.S. businesses in the new year face signs that the economy is cooling, including a tapering in consumer spending and a pullback in factory output.

By Jim Tyson • Jan. 23, 2023

Unions lose clout even amid high-profile organizing gains

The wages of workers unaffiliated with a union have risen faster in recent years than those of their unionized counterparts.

By Jim Tyson • Jan. 20, 2023

SMEs fall behind on addressing climate change

A readiness gap is emerging between small and large companies in terms of their responses to climate change risks.

By Elizabeth Flood • Jan. 20, 2023

SEC aims to set climate risk, cybersecurity rules before May

The agency, laying out an ambitious agenda, aims in early 2023 to complete several new regulations, many of them focused on increasing disclosures for investors.

By Jim Tyson • Jan. 17, 2023

‘Scope creep’ challenging audit committees: CAQ

Audit committees are taking on more responsibilities as the SEC writes several rules requiring more detailed corporate disclosure.

By Jim Tyson • Jan. 13, 2023

M&A spurred share price gains during Q4: WTW

Five trends in deal-making will likely unfold in 2023, including a focus on purchases less than $1 billion and on “friend-shoring” to reduce geopolitical risks to supply chains, WTW said.

By Jim Tyson • Jan. 11, 2023

Small business optimism falls, recession expected

Owners of small businesses ranked inflation as their top challenge, “lamenting” rising costs that have compelled them to increase prices, the NFIB found in a survey.

By Jim Tyson • Jan. 10, 2023

Profit estimates slump for Q4: FactSet

Earnings forecasts for U.S. companies fell, FactSet said, after the Fed’s aggressive effort to curb inflation increased borrowing costs and dimmed prospects for economic growth.

By Jim Tyson • Jan. 9, 2023