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

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

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, FERP 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

Citi CFO: Evolving data standards make upgrade more complex

Mark Mason, the bank’s finance chief, also said the focus on the need to improve data tied to regulatory reporting isn’t unique to Citi.

By Caitlin Mullen • Dec. 10, 2024

Credit risk rising as cyber attackers strike larger companies: Moody’s

Cybercriminals are increasingly deploying generative AI tools in their efforts at ransomware and fraud, Moody’s Ratings said.

By Jim Tyson • Dec. 9, 2024

Super Micro gets delisting reprieve, filing extension

The San Jose, California-based tech company won a reprieve from the delisting threat it has faced since it failed to file its fiscal 2024 10-K in August.

By Maura Webber Sadovi • Dec. 9, 2024

Trump taps crypto lobbyist, business consultant to lead SEC

Trump’s nominee, Paul Atkins, served as a commissioner at the SEC under former President George W. Bush.

By Alexei Alexis • Dec. 4, 2024

Racial diversity falling among new corporate directors: Conference Board

The Securities and Exchange Commission is considering recommending a rule requiring companies to disclose more about diversity on their boards.

By Jim Tyson • Dec. 3, 2024

Macy’s says accountant hid as much as $154M in expenses

The deliberately misleading accounting of expenses since the fourth quarter of 2021 did not disrupt cash management or vendor payments, Macy’s said.

By Jim Tyson • Nov. 25, 2024

SEC hits UPS with $45M fine for material misstatements

The company overvalued its freight unit, one of its ‘worst-performing’ business segments, prior to the unit’s sale in 2021 for $800 million, the SEC said.

By Grace Noto • Nov. 25, 2024

Evolv CFO latest to depart during misconduct, revenue misstatement investigation

The security technology provider will pay a weekly $50,000 fee to AlixPartners in exchange for the services of its director David Rawden as interim CFO.

By Grace Noto • Nov. 22, 2024

SEC’s Gensler to step down Jan. 20 after robust rulemaking, enforcement

The SEC, in one of its most far-reaching changes under Gensler, adopted rules to channel more trading of Treasury securities into central clearinghouses and curb illiquidity risks.

By Jim Tyson • Nov. 21, 2024

Audit committees expand oversight to ESG, cybersecurity, AI: EY

Nearly four out of five investors said boards should demonstrate expertise in climate, cybersecurity and other risks by detailing their work to limit such hazards, EY said.

By Jim Tyson • Nov. 18, 2024

GAAP is letting companies get away with anticompetitive mergers, researchers say

Intangible assets aren’t being captured in the merger review thresholds that federal antitrust agencies rely on, a paper shows.

By Robert Freedman • Nov. 13, 2024

Bolstering your cyber defenses in the age of AI

Generative AI’s ability to create persuasive deepfakes is just one example of the risks it poses when in the hands of fraudsters, writes Deloitte’s Ryan Hittner.

By Ryan Hittner • Nov. 12, 2024