Compliance
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CFO Editorial Staff
PCAOB wins Senate lifeline while future remains murky
The U.S. auditor watchdog got a legislative reprieve through the "Byrd bath" process last week. But the battle over its future is likely to persist, experts say.
By Maura Webber Sadovi , Grace Noto • June 23, 2025 -
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GENIUS Act puts renewed spotlight on stablecoins, digital assets
The regulatory clarity the GENIUS Act proposes to bring to the stablecoin space can help ease some of the worries of more conservative entities, such as CFOs, examining the space, EY’s Paul Brody said.
By Grace Noto • June 18, 2025 -
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Deep Dive7 CFO tips for thriving despite ‘perma-crisis’ turmoil
“Foundational rules for risk management have been fundamentally altered forever," the former CEO of the Institute of Internal Auditors said.
By Jim Tyson • June 17, 2025 -
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Cyberattacks top list of global business concerns, Kroll finds
Many companies feel unprepared to comply with global privacy and security rules, according to the advisory firm’s annual business sentiment survey.
By Eric Geller • June 17, 2025 -
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Sponsored by SAPThe 6 things every CFO should do to prepare for CBAM
Ease compliance and gain insights to manage carbon risks, costs and financial planning.
By Gunther Rothermel, Chief Product Officer, SAP Sustainability • June 16, 2025 -
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NY passes CPA pathways legislation as Florida punts
Since late last year at least 19 states — now including New York — have passed legislation providing alternative paths to CPA licensure to ease the accounting talent shortage.
By Maura Webber Sadovi • June 13, 2025 -
Anna Moneymaker via Getty Images
Trump says tariff deal with China is ‘done’
The proposed agreement, pending approval from both countries, sets 55% tariffs on imports from China and a 10% rate on U.S. products, the president said Wednesday.
By Philip Neuffer • June 11, 2025 -
Courtesy of Courtesy of Circle
Circle CFO takes post-IPO victory lap for stablecoin, company
The public offering represents an “accelerant” for Circle as it seeks to establish itself at the heart of a new “internet financial system,” CFO Jeremy Fox-Geen said.
By Grace Noto • June 5, 2025 -
Courtesy of CFO Leadership Council
Conagra will seek to mitigate steel tariffs’ impact on cans, CFO says
The branded snack and frozen food company’s CFO spoke at a conference Tuesday, just days after President Trump announced he would raise steel and aluminum tariffs from 25% to 50%.
By Maura Webber Sadovi • June 4, 2025 -
Worawee Meepian via Getty Images
Connecticut passes alternative CPA licensure bill
The legislation, which awaits signing by Governor Ned Lamont, includes a provision enabling licensed CPAs form other states in “good standing” to practice in Connecticut.
By Grace Noto • June 3, 2025 -
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Banking groups urge SEC to rescind Biden-era cybersecurity rule
The rule has exposed companies to liability risks while failing to provide investors with “decision-useful” information, the coalition said in a recent letter.
By Alexei Alexis • June 3, 2025 -
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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.
By Maura Webber Sadovi • May 28, 2025 -
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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.
By Jim Tyson • May 21, 2025 -
Matt Winkelmeyer via Getty Images
Regeneron agrees to purchase bankrupt 23andMe, protect data
The proposed sale is expected to close in the third quarter, subject to approval by the U.S. Bankruptcy Court for the Eastern District of Missouri.
By Alexei Alexis • May 19, 2025 -
Courtesy of FASB
FASB clarifies rules for warrants, share-based payments
The GAAP update will affect how companies account for share-based financial instruments such as warrants that they grant to customers as a kind of rebate to incentivize purchases.
By Maura Webber Sadovi • May 16, 2025 -
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South Carolina, Oregon join states removing 150-hour CPA hurdle
In recent months over a dozen states have passed legislation easing licensure requirements for CPAs as part of a workforce development push to fix the accounting shortage.
By Maura Webber Sadovi • May 15, 2025 -
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US, China agree to reduce tariff rates for 90 days
By Wednesday, the two countries will charge 10% baseline duties during the period and remove certain retaliatory levies that pushed rates over 100%.
By Philip Neuffer • May 12, 2025 -
Zach Gibson via Getty Images
House committee votes to scuttle PCAOB, make SEC auditor watchdog
Democrats on the Financial Services Committee condemned efforts to eliminate the PCAOB, quoting Republicans who championed creation of the board in 2002.
By Jim Tyson • May 1, 2025 -
Courtesy of PCAOB
PCAOB chair ‘deeply troubled’ by GOP proposal to abolish agency
The disruption to inspections of public accounting firms while a new program gets up and running could last years, PCAOB Chair Erica Williams said.
By Alexei Alexis • April 29, 2025 -
Sakorn Sukkasemsakorn via Getty Images
FASB’s draft rules could harm environmental credit markets, EDF says
The FASB is proposing specific accounting standards for carbon offsets and other climate-related credits and obligations, an area where GAAP is now effectively silent.
By Maura Webber Sadovi • April 29, 2025 -
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Tariff turmoil could open door for vendor fraud, experts say
The situation is reminiscent of the COVID-19 pandemic, which triggered “urgent vendor sourcing and payment pressures for companies,” a treasury expert said.
By Alexei Alexis • April 29, 2025 -
CFO Editorial Staff
GOP lawmakers propose legislation scrapping auditor watchdog PCAOB
Paul Atkins, prior to his confirmation as head of the Securities and Exchange Commission this month, told a Senate panel in March that oversight of auditors “is vital.”
By Jim Tyson • Updated April 28, 2025 -
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Sponsored by SAPBeyond the Omnibus headlines: Unlock the financial benefits of sustainability
How Omnibus changes simplify reporting and help you turn sustainability into financial performance.
By Sophia Mendelsohn, Chief Sustainability and Commercial Officer, SAP • April 28, 2025 -
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Texas passes CPA law as push to lower licensure barrier gains steam
At least 11 states have recently passed new legislation that removes the 150-hour college credit hurdle to CPA licensure.
By Maura Webber Sadovi • April 25, 2025 -
Zach Gibson via Getty Images
IRS acting head’s ouster adds to agency’s ‘chaotic’ shake-up
The agency’s leadership turmoil would likely harm taxpayer service first, while its impact on revenue collection would be seen later, according to a Tax Foundation policy analyst.
By Maura Webber Sadovi • April 21, 2025
