The Latest
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TrackerTracking CPA licensure paths: Removing the 150-hour-rule hurdle
State changes to licensing rules are chipping away at a decades-old system that has largely required CPA candidates to complete what effectively amounts to a fifth year of schooling.
Updated May 28, 2025 -
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Regulatory clarity ‘foundational’ for crypto: Gemini CFO
Newly-minted Gemini CFO Dan Chen emphasized the importance of clear regulatory frameworks as the Trump administration continues to woo the crypto industry.
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US court blocks Trump’s sweeping tariffs
The Court of International Trade said the president overstepped his authority, halting various duties. After an appeal, the ruling has been paused.
Updated May 29, 2025 -
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Eos Energy abruptly terminates CFO after three months
The short-term finance chief’s departure comes after the New Jersey-based battery maker reported its highest-ever quarterly revenue.
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Illinois passes CPA licensure bill with 2027 start date
Once signed into law, the legislation’s Jan. 1, 2027 effective date would allow time to set up rules needed to implement the changes, the Illinois CPA Society’s Martin Green says.
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One in four ransomware payers left with missing data: report
Most ransomware victims responding to the survey said they were threatened with having their data published or sold if they didn’t pay the attacker.
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Consumer pessimism eases amid cooling in U.S.-China tariff war
The share of consumers expecting a recession over the next 12 months fell in May, the Conference Board said.
Updated May 28, 2025 -
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Fiserv CFO reaffirms Clover revenue goal
The company’s chief financial officer contended the point-of-sale unit will still deliver $3.5 billion in revenue this year despite a recent volume growth slowdown.
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Q&AFICPA president still pushing for CPA pathways despite deregulation battle
While over a dozen states have passed bills easing CPA licensure requirements, Florida’s initiative is embroiled in controversial deregulation legislation.
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Super Micro CFO sells nearly $3M in stock
The sale comes roughly five months after the AI server company announced it would "transition” to a new CFO, among other changes aimed at improving internal controls.
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Tech firms betting big on AI agents face ‘tremendous’ ROI pressure: EY
“Against an uncertain macroeconomic and trade environment, executives are still overwhelmingly positive on the business value that agentic AI can deliver,” said EY’s James Brundage.
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Andrew Brookes
OpinionAre you a next-gen CFO? Here’s a check-list to find out.
Modern CFOs don’t just share numbers — they create clarity, drive conviction and move the business toward the right decision, says Runway CEO Siqi Chen.
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Trump’s tariffs: Tracking the status of international trade actions
The U.S. has rolled out a deluge of tariffs, sparking responses from trading partners. Here's where each tariff – threatened or realized – currently stands.
Updated May 27, 2025 -
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U.S. output grows following tariff détente with China: S&P Global survey
Any recovery in U.S. output this month may prove short lived given that 10% baseline tariffs still stand, according to economists.
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BJ’s Wholesale Club is willing to sacrifice margin for digital convenience
Store-based fulfillment options cost the warehouse club money, but loyalty improvements more than make up the difference, according to CEO Bob Eddy.
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Ex-law firm CFO sentenced to three years in prison for $1.3M embezzlement scheme
Former CFO Tony Archuleta-Perkins embezzled over $1.3 million from his former employers to pay for two California homes and other personal expenses, according to court documents.
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Nvidia, American Express join the FinOps Foundation
The nonprofit trade group also welcomed AMD, Snowflake and ServiceNow to its ranks Wednesday amid a tech sector push to curb cloud spend.
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AI is helping to curb Microsoft’s finance headcount growth, exec says
The tech giant’s finance team has “no appetite right now to continue to grow our headcount at the same pace” as in previous years, Microsoft’s Cory Hrncirik said.
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Unions favored over big business more than any time in 60 years: EPI
While public support for unions has grown in recent years, they have not made significant inroads in worker representation.
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Tesla CFO racks up third $1M May stock sale
Among other moves to shore up investor trust, Tesla appointed former Chipotle CFO Jack Hartung to its board of directors, effective June 1.
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Minnesota passes CPA pathways legislation after pioneering model
Roughly two years after introducing a bill to ease CPA licensure rules, Minnesota lawmakers late Monday passed legislation establishing alternative routes to becoming a certified public accountant.
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Paramount Group CFO, GC resign; office REIT launches strategic review
The CFO and general counsel changes come as the REIT faces looming debt maturities in 2026, among other economic headwinds.
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OpinionIs your accounting team ready for a paradigm shift?
Traditional accounting practices — which limit insights to post-close reviews and delay crucial decisions — are struggling to keep pace, writes Oracle’s Julie Girard.
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Surging federal debt to raise borrowing costs, erode investment: Peterson
Interest rates initially rose Monday, the first day of bond trading after Moody’s Ratings late Friday cited the gloomy fiscal outlook and downgraded U.S. debt.
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Invoice rejection spike suggests tactic’s use as tariff buffer, study says
The sharp rise suggests firms seek to delay payments as they did in the pandemic, according to an analysis from Basware, a financial automation company.
