SCOTUS rejects higher standard for overtime exemptions

The ruling is a “win” for businesses and “sets a consistent national standard under the Fair Labor Standards Act,” attorneys at Fisher Phillips wrote.

By Caroline Colvin • 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

Explore the 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

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

Former Silvergate CFO asks SEC to dismiss ongoing accounting claims

The ex-CFO of the now-defunct bank, which filed for bankruptcy following the FTX collapse, is arguing he had no “personal financial motive” for deceiving investors.

By Grace Noto • 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

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

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

Ohio gov signs alternative CPA licensure pathway bill into law

The move puts the Buckeye state at the forefront of the recent drive to address the talent shortage by widening on-ramps into the accounting profession. 

By Maura Webber Sadovi • Jan. 9, 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

Walking a tightrope: 6 CFO trends for 2025

Financial executives can gain an edge this year by monitoring six trends in federal policy and business strategy.

By Jim Tyson • Jan. 7, 2025

FASB pursues agenda refresh

Narrower projects could be in store for the accounting-standard setter as some stakeholders want more guidance on hot- button issues like crypto and goodwill.

By Maura Webber Sadovi • Jan. 6, 2025

SEC gives PCAOB more leeway in de-registering accounting firms

A new rule could trigger withdrawal of PCAOB registrations beginning in the fall of 2026, the SEC said.

By Jim Tyson • Jan. 3, 2025

Indiana health system ex-CFO to get $6.3M whistleblower settlement

As part of a $145.7 million settlement, CHN will pay $6.3 million to its ex-CFO, with attorney fees still to be determined, the company said.

By Grace Noto • Jan. 3, 2025

Sustainability profession at ‘crossroads’ amid stiff compliance: Trellis

Compliance is becoming a bigger part of a sustainability executive’s role, coupled with greater oversight from legal and CFO teams, according to the research firm.

By Suman Bhattacharyya • Jan. 2, 2025

Intel shareholders look to yank back ex-CEO, CFO compensation

CFO David Zinsner along with the company’s former CEO misled shareholders about the financial performance of Intel’s foundry unit, shareholders allege.

By Grace Noto • Dec. 20, 2024

Audit fees poised to rise further after 6.4% hike in latest cycle, report says

Additional pressure on audit pricing is expected to come from regulatory changes on the horizon such as the FASB’s income statement expense rules, FERF reports.

By Maura Webber Sadovi • Dec. 19, 2024

SEC cybersecurity enforcement outlook uncertain as Trump 2.0 looms

With issues such as cryptocurrency and climate change facing the next SEC chair, it’s unclear whether rolling back cybersecurity rules will be high on the priority list.

By Alexei Alexis • Dec. 17, 2024

4 not-so-nice holiday compliance pitfalls employers should avoid

It’s important to think through how to handle inappropriate gifts, alcohol and workplace decorations in advance, attorney Jonathan Segal said.

By Ryan Golden • Dec. 16, 2024

It’s time to prepare for FASB’s new compensation reporting rules

The new accounting standard will fundamentally change how businesses track and report compensation, especially with regards to bonuses and commissions, Mark Schopmeyer writes.

By Mark Schopmeyer • Dec. 13, 2024

FTC plots new course on antitrust, Big Tech under Trump nominees

Current commissioner Andrew Ferguson will become chair under Trump and Mark Meador, a former Senate counsel, will join the commission.

By Justin Bachman • Dec. 13, 2024

SEC charges former Comtech CEO with insider trading

The charges against Ken Peterman are just the latest initiative by what, in some respects, has been the most aggressive SEC enforcement division on record.

By Jim Tyson • Dec. 12, 2024

PCAOB could be defanged by incoming Trump administration

The new presidential administration might not abolish the PCAOB — but it doesn’t need to in order to render it ineffective, accounting professor Robert Pawlewicz said.   

By Grace Noto • Dec. 12, 2024

Trump-related accounting rule revamp is a likely ‘nonstarter’

Daniel Tinkelman, a professor of accounting at Brooklyn College of the City University of New York, wants the FASB to clarify GAAP rules on personal financial statements.

By Maura Webber Sadovi • Dec. 12, 2024

FTC warns 21 healthcare marketers against deceptive claims

The warnings come less than a week after the fatal shooting of a UnitedHealthcare CEO unleashed expressions of anger on social media about health insurer practices. 

By Maura Webber Sadovi • Dec. 10, 2024