Final SEC climate disclosure rule pushed to April 2024

The long-awaited timing update comes via the Biden administration’s regulatory agenda for next year, which also unveiled new timetables for other ESG-related proposals.

By Lamar Johnson • Dec. 7, 2023

FASB targets fix for derivatives ‘whack-a-mole’ problem

The derivative project comes a month after the FASB moved ahead with developing a new standard for government grants.

By Maura Webber Sadovi • Dec. 6, 2023

Explore the Trendline➔

Top 5 stories from CFO Dive

The promises and traps of generative AI, revamped modern finance teams and stark geopolitical risks are among the top forces CFOs are grappling with this year.

By CFO Dive staff

Auditors say accountant shortage ramps up work pressure: CAQ

A decline in the pool for accounting talent has prompted many U.S. companies to raise pay and provide greater workplace flexibility.

By Jim Tyson • Dec. 6, 2023

Airbnb CFO moves to new chief business officer role

The short-term home rental company’s CFO will transition to a new role as Airbnb reaches an “inflection point” with plans to expand beyond its core business.

By Grace Noto • Dec. 6, 2023

Trivago appoints interim CFO; permanent finance head to start in April

The company’s head of finance will step in to fill its CFO gap as it continues to battle rising average room rates, with a permanent CFO set to take the seat in April.

By Grace Noto • Dec. 5, 2023

PCAOB fines 2 PwC firms in China over test cheating

The enforcements are among the first three stemming from access the U.S. auditing watchdog secured last year to inspect China-based auditing firms.

By Maura Webber Sadovi • Dec. 4, 2023

Tesla CFO sells shares as Musk draws new scrutiny

A spotlight is on the EV maker as investors weigh recent controversial comments from CEO Elon Musk and a lukewarm launch of its Cybertruck product.

By Grace Noto • Dec. 4, 2023

Ulta Beauty rides strong consumer spending, taps new financial leadership

CFO Scott Settersten will retire after 11 years at the financial helm, with Ulta Beauty’s SVP of finance poised to take the seat as consumers continue to spend on smaller luxuries.

By Grace Noto • Dec. 1, 2023

AMC Networks expects ‘no material impact’ from Hollywood strikes

Despite now-resolved labor strikes that brought Hollywood to a standstill, AMC Networks is “set up well going into 2024,” CFO Patrick O’Connell said.

By Alexei Alexis • Nov. 29, 2023

FASB’s new segment guidance will go swiftly into effect

Public companies will be required to comply with the new accounting requirements in reports for annual periods beginning after Dec. 15.

By Maura Webber Sadovi • Nov. 28, 2023

Structure matters: How ITC transfers mitigate risk and maintain compliance

The Investment Tax Credits (ITC) transfers are a powerful new tool for corporations to manage their tax liability. However, executing ITC purchases requires robust due diligence, structuring and insurance to de-risk each transaction.

Nov. 27, 2023

Cover Genius looks to deepen FP&A team

A robust FP&A team is critical for businesses to be able to properly plan for the future, Cover Genius CFO David Rudow said.  

By Grace Noto • Nov. 22, 2023

With ex-controller back on the stand, Trump defense looks to muddy accounting waters

The ex-controller pointed to long-time independent accountants Mazars USA as responsible for preparing the Trump Organization's financial statements.

By Grace Noto • Nov. 21, 2023

Nikola CFO steps down after six months amid wobbly EV market

Anastasiya Pasterick will leave the EV maker after a half-year stint in the top financial seat to take a CFO role at aerospace firm Universal Hydrogen.

By Grace Noto • Nov. 20, 2023

Wise CFO credits customer growth for 280% profit jump

The fintech’s nearly quadruple jump in profits comes as its CFO is preparing to depart after an eight-year tenure.  

By Grace Noto • Nov. 17, 2023

Palo Alto revenue surges amid ‘unprecedented’ cyberthreats

Escalating cyberthreats and related regulatory pressures are keeping customer demand high, the company’s CEO said.

By Alexei Alexis • Nov. 16, 2023

Lowe’s veteran tapped for Advance Auto CFO seat

The appointment comes as the auto parts supplier is focused on a comprehensive review of the business after posting weak financial results this year.

By Alexei Alexis • Nov. 15, 2023

Orsted CFO, COO step down following large losses

The two executives are departing as the offshore wind industry flounders among rising interest rates, narrowing margins and challenged supply chains.

By Grace Noto • Nov. 14, 2023

FASB targets new cash flow statement rules for banks

The latest new accounting requirements under development will, at least initially, only apply to financial institutions.

By Maura Webber Sadovi • Nov. 13, 2023

‘I had my buckets’: Trump Jr. further downplays financial role

The Trump Organization’s ex-CFO and his responsibilities remained a question at the heart of the trial as Donald Trump Jr. waxed poetic about the Trump Organization’s history and properties.

By Grace Noto • Nov. 13, 2023

Revolut appoints interim CFO as it races to meet filing deadline

Revolut’s interim CFO and new U.K. CEO face an upward battle to win the fintech’s long-sought after U.K. banking license.

By Grace Noto • Nov. 10, 2023

AppLovin’s FP&A leader to replace CFO

The current finance chief is stepping down to explore new career opportunities while remaining on the company’s board.

By Alexei Alexis • Nov. 9, 2023

Deloitte brings GenAI to audit, accounting professionals with new bot

GenAI isn’t likely to replace accountants any time soon — but firms like Deloitte are already integrating it into their accounting and audit practices.

By Grace Noto • Nov. 9, 2023

Nextdoor plans 25% staff reduction, as CFO resigns

The disclosures came as the social networking app provider reported a third quarter net loss of $38 million, compared with $35 million in the year-ago period.

By Alexei Alexis • Nov. 8, 2023

Emails tie Ivanka Trump to lenders, ex-CFO. She doesn’t recall much of it.

Appearing a week after her two brothers, the former president’s daughter took her turn on the stand testifying in the $250 million civil fraud trial.

By Maura Webber Sadovi • Nov. 8, 2023