FASB to revisit accounting priorities

Some critics say the FASB’s guidance does not always yield the kind of financial transparency investors need to analyze fast-changing modern companies.

By Maura Webber Sadovi • Aug. 18, 2023

Finance leaders fight to lure tech-savvy staff: Selby Jennings exec

Flexible tech-first opportunities are the key to luring Gen Z talent to one’s finance department, Selby Jennings’ Ben Hodzic says.

By Grace Noto • Aug. 18, 2023

Explore the Trendline➔

Digital transformation, one smart step at a time

As pricing pressures tighten margins and technologies like artificial intelligence evolve, finance chiefs are more closely scrutinizing the cost and returns of the tech tools they implement.

By CFO Dive staff

Bank, ex-CFO settle with SEC over ‘material misstatements’

The former CFO of Malvern Bancorp failed to maintain accurate books and records and implement effective internal controls over financial reporting, the SEC found.

By Alexei Alexis • Aug. 17, 2023

Walmart’s AI push prioritizes customer experience, personalization

"Ultimately, the power of generative AI or any technology is only as good as the data that powers it," CEO Doug McMillon said Thursday.

By Roberto Torres • Aug. 17, 2023

CSX CFO downplays UAW strike threat

Auto manufacturers are key customers for freight rail operator CSX, but CFO Sean Pelkey is betting that any strike would be “short lived.”

By Chris Gaetano • Aug. 17, 2023

Anderson Kill ex-CFO seeks damages, alleges wrongful termination after fall

Ex-CFO Paul Schwartz is seeking damages including back pay and lost wages after alleging he was forced out of his role following a 2022 injury.

By Grace Noto • Aug. 17, 2023

Three key steps to the fractional CFO seat

Figuring out your niche — and what you can charge for it — is an essential first step for intrepid fractional CFOs, experts say.

By Grace Noto • Aug. 16, 2023

SEC settles with Crowe U.K. over botched audit claims

The firm violated Public Company Accounting Oversight Board standards in connection with an audit of music streaming business Akazoo, the SEC found.

By Alexei Alexis • Aug. 16, 2023

Bankruptcy ‘burn rates’ drive some firms to file Chapter 7s: ABI’s Ward

Professional fees racked up in Chapter 11 bankruptcies can range from a few hundred thousand dollars to the tens of millions, Chris Ward, president-elect of the American Bankruptcy Institute, said. 

By Maura Webber Sadovi • Aug. 15, 2023

‘Be the glue,’ Cologix CFO tells finance chiefs facing turbulent times

Cologix’s Rachel Stack highlights the importance of a strong leadership team, and how finance chiefs can work to hold that team together.

By Grace Noto • Aug. 15, 2023

SEC cyber rules ignite tension between reputation and security risk

The rules, which take effect Sept. 5, encountered mixed reactions. Some champion board-level cyber accountability. Others say the rules are too big of a lift.

By David Jones • Aug. 15, 2023

Who will pay to decarbonize the supply chain?

Some brands are helping their suppliers reduce greenhouse gas emissions. Others are dumping new requirements on vendors without shouldering any of the costs.

By Ben Unglesbee • Aug. 15, 2023

US Chamber urges SEC to delay cyber rule implementation

The SEC has “chosen speed over accuracy” while ignoring important business community concerns in pushing out the new regulations, the U.S. Chamber of Commerce asserts.

By Alexei Alexis • Aug. 15, 2023

Mixing whiskey and blockchain: A CFO’s perspective

Blockchain is helping Metacask to modernize the sale and ownership of whiskey casks, highlighting the technology’s business potential, writes CFO Andrew Kennard.

By Andrew Kennard • Aug. 14, 2023

Daimler Truck CFO died of wasp sting: reports

The company’s chairman and CEO will temporarily assume CFO duties while Daimler searches for a successor to former finance chief Jochen Goetz.

By Grace Noto • Aug. 14, 2023

Is Tesla’s ‘Master of Coin’ the CFO white whale?

Zachary Kirkhorn’s sudden exit from the EV maker has sparked questions around what a second act might look like for a 38-year-old ex-CFO with a net worth of $590 million.

By Maura Webber Sadovi • Aug. 14, 2023

Elevance snags Moody’s exec for new CFO

The health insurer’s current CFO John Gallina is leaving after almost three decades in various leadership roles at Elevance.

By Rebecca Pifer • Aug. 14, 2023

Getting ahead of the AI culture shift

With so many companies focused on AI lately, a “cross-functional AI SWAT team” is key to helping senior leadership teams stay one step ahead.

By Grace Noto • Aug. 11, 2023

Data privacy startup Osano secures $25M funding boost

The company is looking to beef up some of its key teams amid growing business demand for tools to keep pace with constantly evolving data privacy requirements.

By Alexei Alexis • Aug. 10, 2023

Pot firm says ex-CFO wrongly racked up over $350K in personal charges

Trulieve revealed its investigation's findings as the cannabis industry struggles with high taxes, competition from illegal sellers and falling prices.

By Maura Webber Sadovi • Aug. 10, 2023

LeaseQuery expands into SaaS management in Stackshine buy

The deal comes as many companies grapple with how to rein in out-of-control SaaS spending.

By Alexei Alexis • Aug. 9, 2023

Tesla CFO walks away with $590M

The former Tesla finance chief is leaving with millions in company stock and options as the EV maker faces stiff industry competition.

By Grace Noto • Aug. 9, 2023

Flywire CFO to step down

The company and CFO Mike Ellis “have come to a mutual understanding that the next phase of growth for Flywire needs new leadership in the Finance, Global Treasury & Public Markets area,” a spokesperson said of Ellis’s exit.

By James Pothen • Aug. 9, 2023

Data, hiring balance key to driving growth: LogicSource CFO

Leveraging unused data can help CFOs gain better insights surrounding efficiency and employee performance, clearing the path to growth even in turbulent economic times.

By Grace Noto • Aug. 8, 2023

Cyber insurer Resilience raises $100M in expansion bid

The funding is expected to help accelerate the company’s global expansion and scale the adoption of its recently-launched cyber-risk platform.

By Alexei Alexis • Aug. 8, 2023