Financial Reporting: Page 2


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    Sponsored by Eide Bailly

    4 ways organizations can improve profitability

    Boosting profitability starts with making smart decisions backed by strong data.

    March 3, 2025
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    Robinhood CFO sells $1.2M in shares following dropped SEC investigation

    The sale comes as the platform is eyeing further expansion into the industry and follows on the heels of the SEC dropping an investigation into Robinhood’s crypto unit. 

    By Feb. 28, 2025
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    Trendline

    CFO best practices in the evolving generative AI era

    As the initial frenzy around the launch of generative artificial intelligence subsides, a new GenAI era appears to be taking shape.

    By CFO Dive staff
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    Sponsored by Sovos

    [Podcast] Modern Tax Compliance

    Stay ahead of tax compliance with Modern Tax Compliance, a new Sovos podcast covering regulations, real-time monitoring, and digital assets.

    By CFO Dive's studioID • Feb. 28, 2025
  • Salesforce
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    Salesforce expects AI agent push to yield ‘modest’ returns this year

    The company’s stock price dipped after it reported revenue guidance for the coming year that fell short of analysts’ expectations.

    By Feb. 27, 2025
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    Courtesy of AICPA
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    New AICPA CEO vows to be ‘vocal’ if IRS cuts affect service

    Mark Koziel is taking the accounting organization’s reins as the industry faces headwinds related to taxes, the PCAOB and CPA licensure reform.

    By Feb. 27, 2025
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    Super Micro internal control flagged in delayed 10-K filing

    The AI server maker’s shares jumped about 12% Wednesday after it said it had “regained compliance” with Nasdaq filing requirements.

    By Feb. 26, 2025
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    PCAOB fines PwC Israel $2.7M for exam answer sharing

    Monetary penalties imposed by the PCAOB during Biden’s presidency were over six times higher than those seen during the first Trump administration, according to a recent report.  

    By Feb. 26, 2025
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    GaudiLab via Getty Images
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    Accelerating the accounting strategic shift: Brex CAO

    Leaders need to meld AI’s potential benefits with the judgment and experience of skilled accountants to best take advantage of the technology.

    By Feb. 25, 2025
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    gorodenkoff via Getty Images
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    Amplitude CFO focuses on value amid ‘year of the platform’

    The data analytics firm is positioning itself to reach profitability this year as businesses look to consolidate software costs amid impacts from AI.

    By Feb. 24, 2025
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    Justin Sullivan via Getty Images
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    Hasbro projects slight revenue growth this year despite tariffs

    The toy company is looking to “diversify our manufacturing footprint to create optionality as we navigate the trade environment,” CFO Gina Goetter said.

    By Feb. 20, 2025
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    Wood Group CFO resigns after ‘incorrect description’ of qualifications

    Arvind Balan said he decided to step down to minimize “distraction at this very pivotal time with our investors and lenders.”

    By Feb. 20, 2025
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    One-time EV darling Nikola files for Chapter 11 bankruptcy

    The filing comes several months after CFO Tom Okray warned Nikola only had enough cash to meet its obligations into, but not beyond, Q1 2025.

    By Feb. 19, 2025
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    Southwest to cut 15% of leadership staff ahead of CFO shift

    The “unprecedented” layoffs of senior and corporate leaders come as Breeze Airways alum Tom Doxey gears up to take Southwest’s CFO seat.

    By Feb. 18, 2025
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    Super Micro says DOJ, SEC subpoenaed documents

    The AI server maker’s accounting has drawn scrutiny in the wake of a highly critical report on the company from the now-defunct short-seller Hindenburg Research.

    By Feb. 12, 2025
  • Close-up Portrait of Software Engineer Working on Computer, Line of Code Reflecting in Glasses.
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    gorodenkoff via Getty Images
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    OneStream sees high demand despite ‘near-term headwinds’

    “If there’s a growing sense of uncertainty [among CFOs], we’re probably going to feel it a little bit first,” said Tom Shea, the finance software maker’s CEO. 

    By Feb. 12, 2025
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    Kroger taps PepsiCo alum as next CFO

    The appointment comes two months after Kroger’s $25 billion merger with Albertsons was blocked by an Oregon District Court judge.  

    By Feb. 12, 2025
  • Southwest aircraft on a runway at an airport in Baltimore Maryland on Oct. 11, 2021.
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    Kevin Dietsch via Getty Images
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    Southwest appoints Breeze Airways alum to CFO chair

    The new CFO joins the budget-friendly airline as it aims to realize $500 million in cost savings while facing inflationary pressures and challenges to its fleet capacity.

    By Feb. 11, 2025
  • Aerial view of Tesla's parking lot on April 20, 2022 in Fremont, California
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    Justin Sullivan via Getty Images
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    Tesla CFO, board members offload millions in stock

    The sales occurred after board members, including Kimbal Musk, agreed to pay a collective $919 million back to the EV maker to settle claims of excessive compensation last month.

    By Feb. 7, 2025
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    CFOs prep for tax policy impacts: Grant Thornton

    CFOs are feeling more upbeat about economic prospects following the U.S. election, but still face uncertainty when it comes to tax or regulatory policy shifts.

    By Feb. 6, 2025
  • A sign is posted in front of a Google office on April 26, 2022 in San Francisco, California. Google parent company Alphabet will report first quarter earnings today after the closing bell.
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    Alphabet projects $75B in capex as AI push grows: CFO

    Big tech continues to invest heavily in AI even as investors nervously watch for indications that it’s paying off.

    By Feb. 5, 2025
  • Ford CEO Jim Farley standing between two Ford models in Detroit, Michigan on Jan. 9, 2025
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    Ford Motor taps finance VP as new CFO

    Sherry House will move into the CFO role as planned after joining Ford in June, when she inked a $4.5 million signing bonus as part of her compensation package.  

    By Feb. 5, 2025
  • The ADM logo is seen on the company's headquarters building.
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    Courtesy of ADM
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    ADM to slash up to 700 roles as work to fix reporting problems continues

    The agricultural company’s CFO Monish Patolawala said the company is making progress on its effort to “lift” the material weakness related to its financial reporting. 

    By Feb. 4, 2025
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    Q&A

    AI agents may cause some finance jobs to ‘disappear’: Microsoft exec

    Microsoft’s Georg Glantschnig said the software giant envisions every business process being impacted by the emerging technology.

    By Feb. 4, 2025
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    Trump tariff fallout: The first 3 days

    President Donald Trump’s long-anticipated tariffs against Canada, Mexico, and China set off a fast-paced chain of events after landing on Saturday.

    By Updated Feb. 3, 2025
  • AT&T To Merge Warner Media With Discovery
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    AT&T’s sale-leaseback unlocks $850M

    By selling properties and leasing them back, companies like AT&T can monetize real estate value and raise capital while retaining the use of the assets.

    By Tatiana Walk-Morris • Jan. 31, 2025