Compliance
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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 -
Work visas favored by big tech CFOs face more scrutiny, attorneys say
As the Trump administration tightens immigration policies, legal experts say lengthier vetting of visa petitions require companies to develop international talent plans up to a year in advance.
By Suman Bhattacharyya • April 18, 2025 -
Ex-Girardi CFO sentenced to 10 years in federal prison
The former finance chief was also ordered to pay $8.9 million in restitution after helping to build “a web of deceit and manipulation,” according to the court.
By Grace Noto • April 14, 2025 -
Tracker
Tracking 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.
By CFO Dive staff • Updated April 22, 2025 -
FASB sets clock for derivatives rules update
Existing accounting standards have led to “scope creep,” with derivative standards being applied too often, FASB Chair Richard Jones said.
By Maura Webber Sadovi • April 11, 2025 -
DOGE poses danger to FTC data, fired commissioners say
The pair, who served as Democrats on the commission, said they were “deeply concerned” that DOGE may access confidential business data at the FTC.
By Alexei Alexis • April 11, 2025 -
Paul Atkins confirmed to lead SEC despite Democrats’ opposition
Sen. Elizabeth Warren slammed Republicans for prioritizing a vote to put a “fox in charge of the hen house” over working to stop Trump’s tariff “chaos.”
By Alexei Alexis • April 10, 2025 -
Strategy reports unrealized $5.91B loss on digital assets
The Tysons Corner, Virginia-based company’s report comes on the heels of a bitcoin slump and newly effective crypto accounting rules from FASB.
By Maura Webber Sadovi • April 8, 2025 -
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.
By Philip Neuffer , Edwin Lopez • Updated April 18, 2025 -
Georgia, Indiana join growing band of states to pass CPA licensure laws
So far this year at least seven states have passed alternative CPA licensure laws aimed at easing the accounting talent shortage.
By Maura Webber Sadovi • Updated April 3, 2025 -
FASB clarifies guidance for construction contract holdbacks
Accounting related to revenue recognition issues has been one of the thornier subjects tripping up report preparers in recent years.
By Maura Webber Sadovi • April 2, 2025 -
Just Salad ex-CFO missed out on $1.2M, lawsuit claims
The former finance chief is seeking $1.2 million in funds he claims he’s owed relating to a separation agreement, as well as $5 million in damages.
By Grace Noto • April 1, 2025 -
FTC chief flags data privacy concerns in 23andMe bankruptcy
The company filed for bankruptcy after financial challenges over the past few years and a massive data breach in 2023.
By Alexei Alexis • April 1, 2025 -
Those return-to-office plans? CFOs aren’t all in.
Five years after the COVID-19 pandemic amplified remote work’s possibilities, worker bees aren't the only ones resisting the return-to-office call.
By Maura Webber Sadovi • March 28, 2025 -
SEC withdraws defense of climate-risk disclosure rule
The agency will no longer defend its rule requiring companies to disclose certain climate-related risks, a move one commissioner called an attempt to “unlawfully” dismantle it.
By Lamar Johnson • March 28, 2025 -
Trump’s SEC nominee faces scrutiny on potential conflicts of interest
Paul Atkins said in a recent letter that if confirmed as SEC chair he would resign as chief executive of a consulting firm that has served digital asset companies.
By Jim Tyson • March 27, 2025 -
SEC should avoid ‘overly prescriptive’ AI rules, acting chair says
The comments follow actions taken by President Donald Trump that have upended the federal approach to AI policy, according to analysts.
By Alexei Alexis • March 27, 2025 -
US will charge 25% tariffs on foreign-made cars
The increased duties will go into effect April 2, President Donald Trump said Wednesday.
By Kelly Stroh • Updated March 26, 2025 -
Utah becomes third state to put new CPA licensure paths on the books
So far this year Utah, Virginia and Ohio have all adopted laws offering new routes to CPA licensure that don’t require 150 hours of college credit.
By Maura Webber Sadovi • March 26, 2025 -
Wild changes unlikely at FTC with Democrats fired, former chair says
The FTC is now operating with with just two commissioners, both Republicans. Trump has been accused of illegally firing two Democrats without cause.
By Alexei Alexis • March 26, 2025 -
Former Zadeh Kicks CFO pleads guilty in $80M wire, bank fraud scheme
Both the former owner and ex-CFO of the now-defunct sneaker resale company face a maximum 30-year prison sentence and a fine of $1 million for conspiracy to commit bank fraud.
By Grace Noto • March 21, 2025 -
SEC to drop Ripple case
“I'm heartened that we have paved the way for other industry players to see the value in not backing down ... We are now closing a chapter in crypto history,” CEO Brad Garlinghouse said.
By Gabrielle Saulsbery • March 20, 2025 -
Minnesota CPA pathways bills get warmer welcome amid momentum shift
Minnesota lawmakers previously drew opposition to proposed rules opening alternative paths to CPA licensure. Now a rising number of states are proposing similar legislation.
By Maura Webber Sadovi • March 18, 2025 -
SEC alleges cannabis CFO orchestrated $4.2M ‘round-trip’ accounting scam
The accounting fraud boosted the company’s year-end cash balance by more than 15%, to approximately $30.7 million, the SEC alleged.
By Jim Tyson • March 18, 2025 -
Sponsored by Baker Tilly
[Podcast] Advisor’s Edge with Baker Tilly
Discover key insights and best practices for private equity acquisitions in this podcast with Baker Tilly experts
By CFO Dive's studioID • March 14, 2025