The Latest
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Fiserv CEO orders major changes
The processor replaced its CFO and added new directors as it seeks to revamp after a management review and troubled quarter revealed deep weaknesses.
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Sponsored by Capital One Trade Credit
From friction to flow: How automated AR transforms B2B customer experience
To compete today, companies must rethink AR as more than a back-office function. It can be a powerful part of the customer experience, driving faster deals and stronger relationships.
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Fed trims main rate by a quarter point
The central bank trimmed rates to a range between 3.75% and 4% in its second rate reduction this year.
Updated Oct. 29, 2025 -
FASB votes to tackle stablecoin accounting
President Trump’s Digital Asset Working Group has called for FASB to consider whether to treat stablecoins as cash equivalents.
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72% of execs have ROI metrics for generative AI: Wharton
Functions such as finance and HR are “ahead” when it comes to adopting ROI metrics for the technology, the report said.
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GlobalFoundries CFO departs after less than two years
The chipmaker said that its CFO John Hollister is leaving the company for unspecified personal reasons after serving as finance chief for less than two years.
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Adobe doubles down on AI after Q3 revenue gains
Company executives have largely attributed better-than-expected financial results in the third quarter to AI investments.
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Ransomware attacks jumped 28% in September
The surge “could be a sign that the decline we’ve seen recently is now over,” said cybersecurity firm NCC Group’s Matt Hull.
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Sustainability across supply chains still a priority for companies: MIT
Despite recent regulatory volatility, 73% of businesses remained steady with their sustainability commitments, according to a new report from the university.
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US accounting degree graduates drop 6.6%
While the pipeline of accounting graduates shrank again last year, the YoY rate of decline in diplomas conferred ebbed too, an AICPA report found.
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CFOs must build AI data ‘audit discipline’
As finance leaders mull the potential use cases of AI, they need to bring the same eagle eye to data as they do to their financial statements, Usercentrics CEO Donna Dror advises.
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Deep Dive
EWA chases regulatory clarity
The evolving earned wage access industry continues to be buffeted by federal regulatory upheaval, divergent state approaches and legal battles.
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Washington’s new CPA licensing rules could go live next month
The Evergreen State joins at least 22 others that have enacted rules allowing CPA candidates to become licensed without a fifth year of post-secondary education.
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Rivian to pay $250M to settle IPO fraud suit
The settlement agreement will enable Rivian to “focus its resources” on the launch of its upcoming R2 vehicle, the company said Thursday, denying any wrongdoing.
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Inflation rises less than expected, clearing path for more Fed easing
Futures traders see 96.7% odds that the central bank will trim the federal funds rate on Wednesday by a quarter percentage point, according to the CME FedWatch Tool.
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Tesla CFO throws weight behind $1T Musk pay package
Tesla’s special committee “did an amazing job in constructing this plan for the benefit of the shareholders,” CFO Vaibhav Taneja said Wednesday.
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Walmart promotes chief auditor to controller
The retail giant picked Dwayne Milum from its ranks to replace David Chojnowski when he becomes Walmart’s treasurer next year.
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Customer success strategies linked to post-earnings gains
Customer success has become an essential strategy for sustaining growth and investor confidence in a volatile economy, a study found.
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Tracker
Tracking CPA licensure paths: Removing the 150-hour-rule hurdle
State changes to licensing rules are chipping away at a decades-old system that has largely required CPA candidates to complete what effectively amounts to a fifth year of schooling.
Updated Oct. 24, 2025 -
Trump tariffs push up prices by 4.9 percentage points: Tax Foundation
Trump administration officials have asserted for months that import duties will at most cause a one-time bump in inflation.
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GM CFO expects EV demand to stabilize despite ‘choppy’ market
The automaker has already seen a “significant pullback” in EV demand in October, CFO Paul Jacobson said — but GM expects the market to stabilize in 2026.
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FASB reckons with higher-than-expected lease accounting costs
Nearly a decade after issuing lease accounting standards in 2016, the FASB is finishing a formal review of the rules.
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Wonder Bread maker names former Total Wine exec CFO
The finance leadership change comes after the food giant reported disappointing second-quarter earnings results.
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AICPA asks IRS for employer protections on tips, overtime deductions
While the IRS has released guidelines on Trump’s new tax rules related to tips and overtime, the AICPA says employers are still uncertain about their reporting obligations.
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AWS outage puts spotlight on IT durability
The downtime serves as a reminder to companies that recovery strategies separate from their primary cloud vendor are key to business continuity.
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New Plaid CFO to focus on ‘sustainable growth’
New Plaid CFO Seun Sodipo will join the fintech as it looks to continue expanding its products across areas including credit and payments.