The Latest
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Accounting orgs to Education Department: We are a ‘profession’
The proposal to exclude accounting graduate programs from being classified as professional would cap students’ federal loan limits, according to the DOE.
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Senate bill would allow AI firms to be sued over unauthorized data use
Sen. Marsha Blackburn, R-Tenn., says she plans to formally introduce the bill in the new year to codify President Trump’s push for “one federal rule book” for AI.
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Beyond Meat terminates controller after identifying material weakness
Beyond Meat controller Yi Luo will leave the company on Dec. 23, approximately a month after it identified a material weakness relating to accounting practices for certain complex transactions.
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FASB tax rule draws fresh heat in first annual reporting cycle
Under Accounting Standards Update 2023-09, companies must detail much more information on the income taxes they pay than was previously required by GAAP.
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Consumer sentiment inches up despite anxiety over jobs, inflation
Recent data have likely done little to ease consumer worries, with the unemployment rate rising last month to 4.6%, the highest level in four years.
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Tax reforms, falling interest rates boost 2026 M&A outlook: KPMG
The One Big Beautiful Bill Act’s passage is among factors that have increased the appetite for deals going into the new year, the Big Four accounting firm said.
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Build resilience into 2026 risk, finance strategy, Marsh McLennan Agency president advises CFOs
To build an effective risk management strategy for the coming year, CFOs need to tackle risk holistically, rather than independently, Marsh McLennan Agency’s Matt Stadler said.
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Inflation unexpectedly falls to 2.7% after shutdown crimped measurement
Given concerns about potentially distorted inflation data, futures traders only increased by 2 percentage points the probability of a monetary policy easing next month.
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CFO confidence rebounds despite capital market valuation worries: Deloitte
Overall CFO confidence in business and the economy notched the highest level since late 2021, according to Deloitte’s latest CFO Signals report.
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Treasury projects 3.2% rise in business tax preparation costs
U.S. businesses will likely face $131.8 billion in monetized time and compliance costs completing their taxes in fiscal 2026, according to the Treasury Department.
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S&P Global taps Booz Allen vet for CFO of planned mobility spin-off
Kristine Martin Anderson, Booz Allen’s chief operating officer, will serve as the company’s interim CFO until a permanent replacement is found.
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Unemployment rises to 4.6%, highest level in more than four years
The rising jobless rate bolsters the Dec. 10 Federal Reserve decision to firm up the labor market by trimming the main interest rate by a quarter point.
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New 1099 thresholds, crypto tax forms test AP departments: survey
Large companies can spend over 100 hours filing thousands of 1099 tax forms, a “significantly more complex” undertaking than W-2s, Avalara’s Kevin Halverson said.
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Navan CFO announces departure following $6.2B IPO
Amy Butte will depart the travel platform in January after helping to steer the business through its IPO in October.
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Trump AI order introduces ‘unstable regulatory landscape’: analysis
The executive order opens a “pandora’s box of not only constitutional issues, but also issues pertaining to the EO’s interpretation and scope,” legal analysts said.
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OpinionLessons from a year of AI in AP and what’s in store for 2026
“The focus is shifting from simply getting things done faster to being able to see what’s coming next,” writes the CEO of payments software firm Forwardly.
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Judge grants motion to reconsider ex-Starbucks CFO as defendant in ‘Triple Shot’ case
Judge John Chun granted a motion to reconsider former Starbucks CFO Rachel Ruggeri as a defendant regarding certain claims in the shareholder case, stating it would be “procedurally improper” to dismiss them.
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Opendoor sticks with insider for CFO, hires Coinbase vet for president
The online real estate platform leadership says it is exploring how blockchain and tokenization may pave “new pathways to homeownership.”
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Costco’s AI, tech use helps offset healthcare costs, CFO says
CEO Ron Vachris said on an earnings call Thursday that Costco locations adopting pre-scan technology have seen checkout speeds increased by up to 20%.
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Trump calls for federal policy framework preempting state AI laws
The executive order comes as Big Tech pushes back on local AI regulation while pouring billions into building out AI infrastructure and deploying new products.
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CEO confidence rises amid planning to reduce employment
Among surveyed CEOs, 31% identified labor costs as the biggest force behind inflation, the Business Roundtable said.
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GlobalFoundries interim CFO takes permanent seat
The semiconductor manufacturer will rely on Sam Franklin’s deep understanding of its finance and operations teams as CFO, as it looks to stay competitive amid the AI boom.
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Courtesy of Lululemon
Lululemon CEO Calvin McDonald to step down in January
CFO Meghan Frank and Chief Commercial Officer André Maestrini will become interim co-CEOs after McDonald’s departure.
Updated Dec. 11, 2025 -
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AuditBoard CAO on bridging the risk, action divide
With the frequency of change and the complexity of risk growing, finding a way to translate strategy into action is even more critical for finance chiefs, AuditBoard’s Tina Yeh said.
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MoneyGram swipes Wells Fargo vet for CFO
In February, Marc Winniford will take the finance reins of the legacy cross-border payments company that is seeking to digitally overhaul its sprawling operations.
