Financial Reporting: Page 3
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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 Maura Webber Sadovi • Updated Feb. 3, 2025 -
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 -
Explore the Trendline➔
KanawatTH via Getty ImagesTrendlineCFO 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 -
Tesla CFO flags risk posed by Trump tariffs
The electric vehicle executive is the latest finance chief of a major U.S. company to sound the alarm over the president’s tariff plans.
By Alexei Alexis • Jan. 30, 2025 -
Clorox treasurer tapped as next finance chief
Clorox’s treasurer will take the financial reins as the company recasts its strategy after recovering from a 2023 cyberattack that hurt 2024 net sales and cost it $49 million.
By Grace Noto • Jan. 30, 2025 -
Deep Dive
Trump’s softer-touch SEC may ease CFO regulatory burden
By slimming the SEC’s budget, headcount and regulatory scope, a new agency chief would fall in step with Trump’s cost-cutting and efficiency campaign.
By Jim Tyson • Jan. 30, 2025 -
Victoria’s Secret taps former Joann exec for CFO seat
The transition comes as the lingerie retailer is pursuing a turnaround under a new CEO following market share declines and other challenges.
By Alexei Alexis • Jan. 29, 2025 -
Big Four, Apple weigh in on FASB’s proposed software guidance
While changes were suggested, many of the 32 respondents expressed general support for the broader effort to update the accounting guidance that has been untouched for decades.
By Maura Webber Sadovi • Jan. 28, 2025 -
State AGs threaten financial institutions over ESG, DEI policies
Bank of America, BlackRock, Citigroup, Goldman Sachs, JPMorgan Chase and Morgan Stanley were all asked about their plans for implementing hiring or supplier diversity goals.
By Lamar Johnson • Jan. 28, 2025 -
Agentic AI is here. Are CFOs ready?
It could take a while — perhaps years — before the technology’s full potential is realized, yet C-suites need to prepare now, analysts say.
By Alexei Alexis • Jan. 24, 2025 -
Trump pulls US from Paris Agreement — again — in packed day one slate
The president’s executive order freezes all funding related to the 2015 global climate treaty and also rescinds the nation’s International Climate Finance plan.
By Lamar Johnson • Jan. 21, 2025 -
Trump taps crypto-friendly Mark Uyeda as acting SEC chair
The appointment likely signals a loosening of the SEC’s cyrptocurrency policy during the second Trump presidency.
By Grace Noto • Jan. 21, 2025 -
SEC general counsel, chief economist latest to follow Gensler to exit
The agency’s chief of staff and director of policy are among other leaders who have announced their departures just days ahead of Donald Trump’s inauguration.
By Grace Noto • Jan. 17, 2025 -
FASB declines to tackle new credit risk transfer project
The U.S. accounting standard setter decided against adding a new project to its priority agenda that would have considered requiring banks to disclose more information about CRTs.
By Maura Webber Sadovi • Jan. 16, 2025 -
SEC hits ex-pharma CFO with sanction over fraud charges
The former finance chief is barred under a commission order from serving as an officer of a public company or practicing before the SEC as an accountant.
By Alexei Alexis • Jan. 16, 2025 -
Dropped PCAOB probe, lawsuit spotlight audit watchdog’s challenges
While the litigation was dismissed, the PCAOB is expected to face similar pushback from the incoming Trump administration.
By Maura Webber Sadovi • Jan. 15, 2025 -
SEC’s chief accountant follows Gensler to exit
During his tenure at the SEC, Paul Munter didn’t pull any punches when it came to sounding the alarm about controversial accounting issues that concerned him.
By Maura Webber Sadovi • Jan. 14, 2025 -
Accounting flexibility, governance key to reducing errors: Netgain
Reducing the barrier to enter into the accounting profession can help ward against accounting errors, Netgain’s Chris Miller said.
By Grace Noto • Jan. 14, 2025 -
Meta joins chorus of DEI rollbacks, cutting roles and programs
The tech and social media giant ended a number of diversity, equity and inclusion initiatives last week, including its supplier diversity program.
By Lamar Johnson • Jan. 14, 2025 -
Ubisoft CFO, CEO skirt questions on potential Tencent sale
Leadership was guarded regarding questions of a possible buyout, rumors of which follow after shares of the Assassin’s Creed owner fell to 10-year lows last year.
By Grace Noto • Jan. 13, 2025 -
IRS hands crypto holders some 2025 relief
Despite the reprieve, taxpayers should still keep good records and continue using a consistent system such as LIFO for identifying digital assets sold can be easier, TaxBit’s Miles Fuller says.
By Maura Webber Sadovi • Jan. 10, 2025 -
Coca-Cola Consolidated CFO to retire; CAO to succeed
The CFO swap comes as the largest U.S. bottler of Coke products continues with its bid to boost profitability, reporting $698 million in gross profit for its most recent quarter.
By Grace Noto • Jan. 10, 2025 -
Corporate hiring saw ‘more modest’ growth in December: ADP
Hiring growth slowed last month as CFOs continue to pay close attention to the labor market while crafting their 2025 business strategies.
By Grace Noto • Jan. 9, 2025 -
Freddie Mac promotes interim finance chief to CFO
The mortgage finance giant’s new CFO James Whitlinger’s annualized target total direct compensation will be $2.4 million, including $600,000 in salary, according to an SEC filing.
By Maura Webber Sadovi • Jan. 8, 2025 -
FASB swiftly clarifies new DISE rule’s effective date
The board wanted to make clear that all public companies must comply with the new expense disclosure requirements in their first annual reporting periods beginning after Dec. 15, 2026.
By Maura Webber Sadovi • Jan. 7, 2025 -
Palantir CFO sells $7M in stock amid valuation dip
The sale comes as a Morgan Stanley analyst cautioned that Palantir is “trading too far ahead” of its intrinsic value as it looks to take advantage of the generative AI boom.
By Grace Noto • Jan. 7, 2025