CFO stressors: Job creep

While many finance chiefs are adjusting to their expanding duties, some CFOs feel they are doing an untenable share of the C-suite’s heavy lifting.

By Elizabeth Flood • Dec. 7, 2022

US watchdog sanctions three KPMG global firms

The PCAOB cracked down against KPMG for several alleged violations in the latest sign of tougher oversight of the accounting firms that audit publicly listed companies.

By Jim Tyson • Dec. 7, 2022

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

Trump Organization tax guilt turned on meaning of ‘in behalf of’

Even if helping the company wasn’t the main goal of the tax scheme carried out by Allen Weisselberg when he was CFO, the company is still implicated in the fraud, according to the verdict.

By Robert Freedman • Dec. 7, 2022

10 of the year’s biggest CFO stories

As the year winds down, we wanted to take a moment to highlight some of the stories that have helped keep our readers in the know in 2022. 

By Maura Webber Sadovi • Dec. 2, 2022

Tyson CFO pleads not guilty to criminal trespass, intoxication charges: reports

Tyson Foods has drawn criticism from some corporate governance experts who have said the company should have taken a more aggressive stance on the arrest of its newly-minted CFO.

By Elizabeth Flood • Dec. 1, 2022

FASB takes step toward clarifying lease accounting

The proposed lease accounting update comes as the FASB works on a project that would require companies to disclose more income-tax information.

By Maura Webber Sadovi • Dec. 1, 2022

Nearly half of employees surveyed have side hustles: Workhuman

Many employees are taking on side hustles, with nearly half of workers recently surveyed citing economic uncertainties as a factor in their decisions, according to Workhuman.

By Elizabeth Flood • Dec. 1, 2022

FASB targets improved income-tax transparency

FASB is considering more stringent standards that would require companies to disclose income taxes paid to federal, state and foreign entities.

By Maura Webber Sadovi • Nov. 30, 2022

Five US cities target building energy use, emissions with fines

New York, San Francisco, Washington, D.C., Boston and St. Louis are poised to implement penalties to curb building-level greenhouse gas emissions or energy use.

By Maura Webber Sadovi • Nov. 29, 2022

In praise of the good CFO

With the holiday season kicking off, it seems a good time to remember the CFOs who are fighting to do the right thing behind closed conference room doors.

By Maura Webber Sadovi • Nov. 28, 2022

ESG score hurts credit rating for 20% of organizations: Moody’s

More than half of organizations that issue speculative-grade debt faced a negative impact on their credit rating after a sustainability assessment.

By Jim Tyson • Nov. 28, 2022

SEC charges Goldman Sachs with ESG policy failures

The Securities and Exchange Commission has pledged to crack down on companies involved in finance and other sectors that overstate their commitment to sustainability, or so-called greenwashing.

By Maura Webber Sadovi • Nov. 23, 2022

SEC: Big fines make violations more than a cost of doing business

The Securities and Exchange Commission ramped up enforcement and extracted record fines in fiscal year 2022, a signal to companies that it wants to see a change in behavior.

By Robert Freedman • Nov. 17, 2022

A holistic approach to ASC 740

Calculating taxes owed is always a monumental task. A provision which guides how companies recognize income taxes is proving to be particularly challenging.

By Adam Schrom • Nov. 17, 2022

ESG materiality ranges beyond ‘bottom line’: SEC official

The SEC will not limit scrutiny to a company’s income statement when verifying compliance with a proposed rule requiring climate risk disclosure, an agency official said.

By Jim Tyson • Nov. 15, 2022

Bahamas law enforcement investigates bankrupt FTX exchange

The collapse of the prominent cryptocurrency exchange coincides with SEC efforts to safeguard investors and businesses against abuses in crypto and other digital assets.

By Gabrielle Saulsbery • Nov. 14, 2022

Keurig Dr Pepper CEO resigns over code of conduct violations

The company’s CEO resigned because of violations of Keurig’s code of conduct — the latest in a string of top executives to come under ethical scrutiny.

By Grace Noto • Nov. 11, 2022

Nearly half of CFOs admit to flawed ESG reporting: EY

Companies and institutional investors worldwide “are at odds when it comes to sustainability,” EY said.

By Jim Tyson • Nov. 11, 2022

Tyson Foods’ apparent inaction on CFO arrest draws fire

The CFO of Tyson Foods said he was “embarrassed” after his arrest on public intoxication and criminal trespassing charges, but the future of his role is unclear.

By Elizabeth Flood • Nov. 8, 2022

Stock buybacks rise toward record $1T: Goldman Sachs

Companies are repurchasing shares at a fast pace before the federal government next year levies a 1% excise tax on such transactions.

By Jim Tyson • Nov. 4, 2022

SEC’s Munter warns of potential decline in accounting ‘professionalism’

Missteps at large accounting firms threaten to undermine investor confidence in financial information, according to Paul Munter, the SEC’s acting chief accountant.

By Maura Webber Sadovi • Nov. 3, 2022

CFOs with a data-savvy eye improve compliance

Handing over the reins of compliance programs to finance executives can curb risks, according to the Institute of Management Accountants.

By Elizabeth Flood • Nov. 1, 2022

Dentsply probe finds former CFO violated ethics code

Dentsply’s internal North America probe didn't find evidence of intentional wrongdoing or fraud but did find some former senior managers violated the company’s code of ethics.

By Maura Webber Sadovi • Nov. 1, 2022

ESG goals versus action gap emerges: survey

One in five financial leaders do not currently consider any ESG information when making decisions and instead rely on traditional financial metrics, the survey found.

By Grace Noto • Oct. 28, 2022

Musk buys Twitter, swiftly fires CEO, CFO

By Friday morning, Ned Segal's Twitter account bio was updated, describing him as the "former CFO and [a] current fan of @Twitter.”

By Maura Webber Sadovi • Oct. 27, 2022