Financial Reporting: Page 29


  • Dr Pepper can
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    "Dr. Pepper" by cyclonebill is licensed under CC BY-SA 2.0
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    Keurig Dr. Pepper taps new CFO

    Sudhanshu Priyadarshi was appointed CFO after his predecessor moved up to the CEO post.

    By Elizabeth Flood • Oct. 26, 2022
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    Judge denies Rialto bid to dismiss Icahn mall suit

    The suit comes as CFOs are likely to face more disputes around appraisals as the slowing economy impacts real estate valuations.

    By Oct. 25, 2022
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    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
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    SEC busts cannabis company on fraud charges

    Cronos, a Canadian producer of marijuana-based products, settled with regulators over charges of faulty accounting and lax controls.

    By Oct. 25, 2022
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    Companies brace for downturn amid high inflation: Fed

    Persistent cost pressures and supply chain bottlenecks are intensifying recession fears at U.S. companies, the Federal Reserve said.

    By Oct. 20, 2022
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    Baker Hughes appoints CFO, warns on inflation

    The Houston-based oil services giant snapped up Nancy Buese from Newmont Mining, naming her as their new chief financial officer. 

    By Elizabeth Flood • Oct. 20, 2022
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    Opinion

    Tackling the build versus buy forecasting dilemma

    The rise in economic volatility is increasing the need for better decisions when it comes to acquiring and interpreting forecasting data.

    By John Frechette • Oct. 20, 2022
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    Patrick Lux via Getty Images
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    3 ways CFOs can utilize ERP as recession hedge

    Strong enterprise resource planning (ERP) systems can help businesses prepare to survive an impending and potentially inevitable recession.

    By Elizabeth Flood • Oct. 19, 2022
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    Roman Valiev via Getty Images
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    PCAOB hits audit partner with record $150K penalty

    The fine is the largest civil penalty levied against an individual by the federal audit watchdog since it was established in 2002.

    By Oct. 19, 2022
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    Zach Gibson via Getty Images
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    Businesses seek 15% minimum tax guidance for financials

    Absent IRS direction, certain companies may struggle to accurately report the new tax’s financial impact in their future financial reports.

    By Oct. 18, 2022
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    Supply chain partnerships key for the modern CFO

    Between advancing ESG reporting requirements and the modernizing CFO seat, developing strong supply chain partners is key for CFOs to find and utilize the right data.

    By Elizabeth Flood • Oct. 18, 2022
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    Eric Thayer via Getty Images
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    Deep Dive

    7 CFO tips to prepare for SEC climate risk rule

    CFOs should not delay putting in place the staff, technology and processes needed to comply with an imminent SEC rule requiring detailed disclosure on climate risk.

    By Oct. 18, 2022
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    Dan Kitwood via Getty Images
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    FASB fair-value play poised to clear crypto barrier

    If adopted, the standard would eliminate a deterrent that keeps some companies from getting involved with crypto, according to a Crowe LLP partner.

    By Oct. 17, 2022
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    Courtesy of Beyond Meat
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    Beyond Meat taps insider for CFO, slashes workforce

    Lubi Kutua will take on the struggling company’s CFO seat as it moves to cut down its workforce.

    By Elizabeth Flood • Oct. 17, 2022
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    Bill Pugliano via Getty Images
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    Superfund taxes stress chemical importers, suppliers

    Many companies are still struggling to understand whether the reinstated Superfund excise taxes apply to their operations and what it all means for tax bills. 

    By Dawn Wotapka • Oct. 14, 2022
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    BlackRock reports profit pullback, affirms ESG commitment

    BlackRock’s ESG policies, which have put it in the middle of a tug-of-war in U.S. politics, are providing investors with a range of options, the asset manager said.

    By Oct. 13, 2022
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    FASB votes for fair-value crypto fix

    The FASB’s tentative decision Wednesday is an important step toward providing an answer to the crypto valuation question companies and other stakeholders have been clamoring for.

    By Oct. 13, 2022
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    Watch for these common invoice scams

    Mid-sized businesses are losing almost $300,000 annually to invoice fraud, which can also hurt supplier relationships, according to Branden Jenkins, COO of Medius. 

    By Oct. 10, 2022
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    EY in ‘dialogue’ with IRS on split-off divestitures

    As financial report preparers are beginning to grapple with the ramifications of the new 15% corporate minimum tax, the split-off issue is emerging as a flashpoint.

    By Oct. 7, 2022
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    FASB preps biggest ‘segment’ accounting change in 25 years

    Under the proposal, publicly-traded companies would have to disclose more frequent and comprehensive data on their business units.

    By Oct. 6, 2022
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    William Potter via Getty Images
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    Private company CFOs grapple with new lease accounting

    Lease inventories, hiring more staff and renegotiating lease terms are some of the moves private companies can take to make compliance easier.

    By Dawn Wotapka • Oct. 6, 2022
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    Tom Shaw via Getty Images
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    FASB extends LIBOR relief two years

    The decision has been months in the making and comes as FASB’s rule-making process has come under fire from a Securities and Exchange Commission committee.

    By Oct. 5, 2022
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    PCAOB sanctions four audit firms in enforcement ‘sweep’

    The watchdog for the firms that audit publicly-traded companies has intensified supervision in 2022, with plans to sharpen penalties against rule-breakers.

    By Oct. 5, 2022
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    FSOC crafts committee for climate-related financial risks

    The FSOC said its new committee will focus on gathering information and analyzing climate-related financial risks.

    By Oct. 4, 2022
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    Andrew Burton / Staff via Getty Images
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    BlackRock CFO pick may signal strategy shift

    The CFO shift could indicate a deeper focus on the private equity or high net worth wealth arena for BlackRock, an analyst said. 

    By Oct. 3, 2022
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    Permission granted by InnoVyne Technologies
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    Sponsored by InnoVyne Technologies

    Top-down budgeting vs bottom-up budgeting: Which one is best for your business?

    In this article, we'll go over both approaches to budgeting so you can pick the one that works best for your business.

    Oct. 3, 2022