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 Jim Tyson • Oct. 18, 2022

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 Maura Webber Sadovi • Oct. 17, 2022

Explore the 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

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

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

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 Grace Noto • Oct. 13, 2022

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 Maura Webber Sadovi • Oct. 13, 2022

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 Maura Webber Sadovi • Oct. 10, 2022

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 Maura Webber Sadovi • Oct. 7, 2022

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 Maura Webber Sadovi • Oct. 6, 2022

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

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 Maura Webber Sadovi • Oct. 5, 2022

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 Jim Tyson • Oct. 5, 2022

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 Grace Noto • Oct. 4, 2022

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 Grace Noto • Oct. 3, 2022

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

Deloitte China to pay $20M SEC penalty

The penalty is the latest sign of regulators’ battle to ensure foreign companies on U.S. exchanges comply with the country’s accounting standards.

By Maura Webber Sadovi • Sept. 30, 2022

NJ Devils, Philly 76ers veteran named Schellman CFO

Andy Goldstein, who has held the top financial seat for big-name brands such as the New Jersey Devils, will tap his 22 years of industry experience as CFO for the accounting firm.

By Elizabeth Flood • Sept. 29, 2022

Tyson Foods promotes chairman’s son to CFO

John R. Tyson, son of Chairman John H. Tyson, was promoted to CFO as the company navigates economic headwinds including higher supply costs.

By Elizabeth Flood • Sept. 28, 2022

Prioritizing AR innovation can help CFOs weather recession: study

With inflation top of mind for CFO’s, upgrading AR processes could help financial executives buffer against persistent economic pressures.

By Grace Noto • Sept. 28, 2022

PayPal alum latest to take CFO seat for Zepz as it reaches profitability

PayPal alum Robert Mitchell will take the remittance platform’s financial helm as it looks to foster further growth after reaching profitability during the first half of 2022.

By Grace Noto • Sept. 27, 2022

EY’s split to offer CFOs ‘more choice,’ exec says

The auditing and consulting firm is in the “design” phase as EY partners vote on its separation, leaving CFOs facing unanswered questions regarding auditing fees.

By Elizabeth Flood • Sept. 27, 2022

FleetCor taps insider interim after CFO resigns

CFO seat turnovers are coming at a brisk pace as finance chiefs face an increasingly potent mix of pressures, said executive search expert Josh Crist.

By Maura Webber Sadovi • Sept. 27, 2022

YETI CFO resigns following lukewarm earnings

Paul Carbone, who took the company public during his first year as CFO, is departing to pursue another venture closer to family after four years in the role.

By Elizabeth Flood • Sept. 26, 2022

CFO of bankrupt Voyager resigns after five-month stretch

The CFO of the cryptocurrency exchange is resigning after just five months on the job as the company finalizes its bankruptcy.

By Grace Noto • Sept. 26, 2022

SEC committee calls for FASB reform

FASB’s slow rule-making process can have negative consequences for investors and financial executives, the SEC’s report asserts.

By Maura Webber Sadovi • Sept. 26, 2022