Compliance: Page 16
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Large companies hide behind net zero ‘fig leaf’: report
Many of the world’s biggest companies are exaggerating their efforts to reduce carbon emissions, according to the Corporate Climate Responsibility Monitor.
By Jim Tyson • Feb. 21, 2023 -
A one-way ticket to ServiceNow’s CFO seat
From heartbreak to the financial helm, Gina Mastantuono has had her fair share of pivotal challenges on her way to the top.
By Elizabeth Flood • Feb. 16, 2023 -
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 -
FASB votes to finalize lease accounting relief
The proposed changes to lease accounting guidance are relatively narrow, but they are one of a number of standard updates that FASB has in the works.
By Maura Webber Sadovi • Feb. 15, 2023 -
Nominee to lead IRS commits to narrowing ‘tax gap’
Daniel Werfel, tapped by President Biden to lead the IRS, faced Republican criticism of $80 billion in extra funding for the agency during a confirmation hearing.
By Jim Tyson • Feb. 15, 2023 -
CPAs urge lawmakers to enact ‘fairer’ tax code
The AICPA recommends changes to the tax code as Republicans intensify opposition to the Biden administration’s signature tax policy initiatives.
By Jim Tyson • Feb. 13, 2023 -
FTC Dems take aim at merger review time limits
A new report shows “unprecedented” challenges faced by the agency in conducting effective merger reviews and the need for congressional action, FTC Chair Lina Khan and her two Democratic colleagues said.
By Alexei Alexis • Feb. 13, 2023 -
IRS relies on 64-year-old software, jeopardizing security: GAO
The IRS is set to receive $80 billion during the next decade under legislation passed last year, with a portion earmarked for upgrading technology.
By Jim Tyson • Feb. 10, 2023 -
Business lobby rips Biden’s stock buyback tax plan
The push to raise taxes on corporate stock buybacks could hurt America’s retirement savers, as well as entrepreneurs, according to the U.S. Chamber of Commerce.
By Alexei Alexis • Feb. 10, 2023 -
Opening the books on pay-versus-performance: Are you ready?
The new disclosures are meant to help investors compare executive compensation with company performance. It’s turning out to be a heavy lift for some companies.
By Ramona Dzinkowski • Feb. 10, 2023 -
Biden seeks four-fold tax hike on stock buybacks
The proposed increase will encourage corporations to make long-term investments, while still allowing them to see a "considerable profit," Biden said.
By Alexei Alexis • Feb. 8, 2023 -
Q&A
Watch for accidental fraud, forensic accounting expert says
Kelly Richmond Pope believes CFOs need to understand what motivates three types of fraud perpetrators: the intentional, the accidental and the righteous.
By Maura Webber Sadovi • Feb. 8, 2023 -
House Republicans target SEC climate risk rule
Having taken control of the U.S. House, Republicans are redoubling efforts to thwart the Biden administration’s sustainability initiatives.
By Jim Tyson • Feb. 6, 2023 -
Audit committee job creep taking its toll
With internal audit committees biting off more than they can often chew, committee members across businesses are feeling the burnout.
By Elizabeth Flood • Feb. 3, 2023 -
Activision Blizzard to pay SEC $35M for alleged disclosure flaws
The video gaming company has been the target of regulatory scrutiny since allegations of sex discrimination surfaced in 2018.
By Jim Tyson • Feb. 3, 2023 -
Accountants may underestimate impact of Fed tightening: survey
“Further monetary tightening appears inevitable,” the ACCA and IMA said as the Federal Reserve prepared for a two-day policy meeting beginning Tuesday.
By Jim Tyson • Jan. 30, 2023 -
Ex-Pfizer CFO talks tactics for first-timers
Frank D’Amelio, a veteran finance chief, says being ‘a player on the field’ is key for success during unpredictable times.
By Elizabeth Flood • Jan. 30, 2023 -
FASB poised for another crypto vote
The FASB is on track to issue proposed new standards for cryptocurrency by April. The implosion of crypto exchange FTX is likely to sharpen scrutiny of the project.
By Maura Webber Sadovi • Jan. 27, 2023 -
Companies face data privacy maze, skills gap
CFOs could be under increased pressure this year to focus on privacy, as new state laws come into effect.
By Alexei Alexis • Jan. 27, 2023 -
CFO FP&A Close-up: finance function’s ‘octopus’
Between intergenerational differences and specific skillsets, CFOs need to get a handle on how FP&A execs operate.
By Elizabeth Flood • Jan. 27, 2023 -
Auditors dialed back mandated disclosures: study
The study found that auditors pulled back on their disclosures of potentially negative financial matters as companies adjusted to new reporting requirements.
By Maura Webber Sadovi • Jan. 26, 2023 -
Several states cut corporate tax rates for 2023
Many states are competing for businesses by reducing corporate tax rates as of Jan. 1, the Tax Foundation said.
By Jim Tyson • Jan. 25, 2023 -
Twitter headquarters landlord files unpaid rent suit
The suit filed against Twitter comes as a surge of tech firms have announced massive layoffs along with plans to trim real estate costs.
By Maura Webber Sadovi • Jan. 24, 2023 -
Tyson CFO pleads guilty to trespassing, intoxication charges: report
John Randal Tyson pleaded guilty to charges of public intoxication and trespassing. The move marks a change from one month earlier when he pleaded not guilty.
By Elizabeth Flood • Jan. 24, 2023 -
SMEs fall behind on addressing climate change
A readiness gap is emerging between small and large companies in terms of their responses to climate change risks.
By Elizabeth Flood • Jan. 20, 2023 -
How CFOs can come to terms with pay transparency
Pay range disclosure mandates are on the rise. Finance leaders need to understand how these laws can both help and hurt them.
By Elizabeth Flood • Jan. 19, 2023