Financial Reporting: Page 31


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    Gensler: securities laws cover ‘vast majority’ of crypto tokens

    The SEC’s Gary Gensler signaled he would cooperate with the Commodity Futures Trading Commission to the extent that “it needs greater authorities with which to oversee and regulate crypto non-security tokens.”

    By Sept. 8, 2022
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    AT&T CFO says demand still ‘solid’ post price hike

    Despite “reduced visibility” into economic trends going into next year due to the current macroeconomic environment, Desroches expects improved cash conversions in 2023.

    By Elizabeth Flood • Sept. 8, 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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    FreshBooks taps PwC alum as new CFO

    The cloud accounting software company appointed Wayne Jackson, who has 40 years of experience in the financial industry. 

    By Elizabeth Flood • Sept. 7, 2022
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    Law firm Olgetree Deakins taps former Steptoe CFO

    David Zimbrick will depart after two decades at Steptoe & Johnson in favor of  the CFO seat at Ogletree.

    By Elizabeth Flood • Sept. 6, 2022
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    Bed Bath & Beyond swiftly names interim CFO

    Laura Crossen’s appointment as interim CFO comes four days after the death of Gustavo Arnal, Bed Bath & Beyond’s finance chief since 2020.

    By Sept. 6, 2022
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    Bed Bath & Beyond CFO falls from NYC tower, dies

    Gustavo Arnal became Bed Bath & Beyond’s finance chief in 2020. The home goods retailer’s turnaround plans have been facing increasing headwinds.

    By Sept. 5, 2022
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    Stock buyback tax could have broader impact: EY

    The 1% excise tax on stock repurchases was part of the Inflation Reduction Act and comes as the brisk pace of share buybacks has downshifted.

    By Sept. 2, 2022
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    Cybersecurity firm ExtraHop names new CFO

    ExtraHop appointed Mike Parson as its new CFO, one of a series of new C-suite leaders named as the company seeks to scale up.

    By Elizabeth Flood • Sept. 2, 2022
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    The modern challenges for CFOs

    Mike Kelly of Ernst & Young (EY), talks talent retention, inflation, ESG reporting requirements and how these evolving issues are reshaping the top financial seat.

    By Elizabeth Flood • Sept. 1, 2022
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    Deere & Co swaps CFOs following narrowed outlook

    Joshua Jepsen will move from deputy financial officer to CFO for Deere & Company in the latest series of executive swaps from the farm equipment manufacturer.

    By Sept. 1, 2022
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    Opinion

    Why C-suites need to get more serious about harnessing tax technology

    More than half of the C-suite executives surveyed said they’re not using their tax data to scenario-plan around policy changes or identify tax credits, a KPMG report found.

    By Greg Engel • Sept. 1, 2022
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    FASB narrows cryptocurrency project scope, excludes NFTs

    FASB has come around to recognizing the need for a better crypto accounting model as calls to safeguard investors against abuses rise.

    By Aug. 31, 2022
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    UNFI, General Mills alum moves to Life Time Group CFO seat

    UNFI and General Mills financial alum Robert Houghton moves to the CFO position for fitness and recreational sports center operator Life Time Group Holdings as the firm takes steps to recover from pandemic-induced losses.

    By Aug. 30, 2022
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    CFOs more worried about inflation than recession: Deloitte

    Nearly three quarters of CFOs are more concerned about persistent inflation than a recession, Deloitte’s third-quarter survey found.

    By Elizabeth Flood • Aug. 30, 2022
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    Earnings Roundup: Automakers confront clogged supply chains, recession fears

    CFOs from GM, Rivian and Uber indicate positive trends for the second half of the year despite facing lingering supply chain challenges as recession looms.

    By Aug. 29, 2022
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    Sponsored by Ryan

    Guide: How to turn your tax function into a strategic profit centre

    Many tax department heads and CFOs believe their organisations’ tax function needs to become more efficient and well-integrated.

    Aug. 29, 2022
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    PCAOB, Chinese authorities reach deal as delisting threat looms

    SEC Chair Gary Gensler cautioned that foreign issuers that want access to U.S. public capital markets must be on a level playing field with U.S. firms.

    By Aug. 26, 2022
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    SEC adopts pay-versus-performance disclosure rules

    The rule, revived from a 2015 proposal, requires companies to include a table tracking both executive compensation and financial performance indicators for a five-year period.

    By Aug. 26, 2022
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    Payoneer CFO battles e-commerce slowdown

    Payoneer is counting on global growth and new services to offset what CFO Michael Levine called e-commerce “softness.”

    By Caitlin Mullen • Aug. 26, 2022
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    Honor Technology taps Google alum as new CFO

    As Honor Technology looks to grow, it tapped industry veteran Andrew Steinberg as its financial leader.

    By Elizabeth Flood • Aug. 26, 2022
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    Flagging Dollar Tree snags Qurate CFO in latest executive swap

    Departing Qurate Retail Group CFO Jeffrey A. Davis will move into the top financial seat for Dollar Tree as the discount retailer revamps its C-suite and board after cleaning executive house.

    By Aug. 25, 2022
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    UnitedHealth CFO named in amended class action

    UnitedHealth CFO John Rex put the company’s business dealings with Wells Fargo ahead of ERISA obligations, the complaint alleges. 

    By Elizabeth Flood • Aug. 25, 2022
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    Fitch sees ‘modest’ tax headwind from Inflation Reduction Act

    Fitch’s assessment comes as CFOs, accountants and tax-preparers are just beginning to grapple with the Inflation Reduction Act’s tax implications.  

    By Aug. 24, 2022
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    Earnings Roundup: Big oil CFOs brace for inflation, eye demand

    Exxon and Chevron finance chiefs signaled on second quarter earnings calls that they are closely tracking demand as recession worries loom.  

    By Aug. 23, 2022
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    Credit Suisse appoints new CFO in executive shuffle

    Credit Suisse has named a former Deutsche Bank exec as its new CFO as part of a series of executive changes at the top.

    By Elizabeth Flood • Aug. 22, 2022