Financial Reporting
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House committee advances bill with ‘big three’ business tax relief
The bill advanced Wednesday by the House Ways and Means Committee would extend some business-friendly tax cuts from President Donald Trump’s first term.
By Maura Webber Sadovi • May 14, 2025 -
Tesla CFO offloads another $1.1M in stock
The sale comes as Tesla looks to reverse slumping sales and combat brand hostility, while facing roadblocks on new projects such as its long-awaited “robotaxi” service.
By Grace Noto • May 13, 2025 -
Explore the Trendline➔
KanawatTH via Getty ImagesTrendlineCFO best practices in the evolving generative AI era
As the initial frenzy around the launch of generative artificial intelligence subsides, a new GenAI era appears to be taking shape.
By CFO Dive staff -
Booking CFO leans on AI in push to run ‘tight ship’
The online travel company is looking to slash costs by as much as $450 million by the end of 2027. It aims to reinvest some of the freed-up capital into AI projects.
By Alexei Alexis • May 13, 2025 -
Chewy CFO resigns; looks to return to semiconductor industry
The CFO’s departure comes after Chewy reported rising sales and customer figures for 2024, despite seeing its stock value wobble amid “meme” stock trades.
By Grace Noto • May 12, 2025 -
PwC cuts 2% of US workforce, citing ‘historically low’ attrition
This week the Big Four firm shed 1,500 workers in its assurance and tax units — including accountants — layoffs that aren’t tied to AI, PwC said.
By Suman Bhattacharyya • May 8, 2025 -
Fed warns of rising inflation, unemployment risks; holds rates steady
“Uncertainty about the economic impact has increased further,” policymakers said in a statement after a two-day meeting.
By Jim Tyson • Updated May 7, 2025 -
Vodafone CFO departs for Vonovia CEO role
Vodafone and SAP alum Luka Mucic will tread familiar waters as Vonovia’s CEO. The German real estate company looks to boost growth after a downturn in the European housing market.
By Grace Noto • May 7, 2025 -
CFOs signal bigger hiring role amid talent shortage, Deloitte finds
Finance chiefs are increasingly involved in staffing their departments — effectively acting as the chief human resources officer for finance, the Big Four accounting and consulting firm asserts.
By Maura Webber Sadovi • May 7, 2025 -
ADM expects 2025 earnings to be at lower end of guidance, CFO says
The global grain merchant’s finance chief also said the company wouldn’t provide specific segment operating guidance due to tariff and macroeconomic uncertainties.
By Maura Webber Sadovi • May 6, 2025 -
Amazon doing ‘everything it can’ to hold down prices amid tariffs: CFO
Executives at Amazon, Apple and Tesla flagged concerns about President Trump’s tariffs during big tech’s latest earnings season.
By Alexei Alexis • May 6, 2025 -
Opinion
The Ben Affleck accounting shortage hack
“The Accountant” movie from 2016 is loved by many CPAs. Will the new sequel and the franchise’s drama help attract more young people to the accounting profession?
By Maura Webber Sadovi • May 2, 2025 -
Tesla CFO sells another $1.1M in company shares
The EV maker’s finance chief has offloaded about $6.5 million in shares in 2025, according to company filings.
By Grace Noto • May 2, 2025 -
Microsoft capex to grow at slower rate, CFO says
The pullback comes as big tech companies face growing investor scrutiny over their heavy artificial intelligence spending.
By Alexei Alexis • May 1, 2025 -
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 -
Tesla CFO equity, stock grant pushes comp to $139M
CFO Vaibhav Taneja was the only named executive to receive an equity grant for 2024, the EV maker said in its annual report.
By Grace Noto • May 1, 2025 -
ADP treasurer to take CFO seat
Peter Hadley will take the reins from Don McGuire, who has been finance chief since October of 2021.
By Maura Webber Sadovi • April 30, 2025 -
Harley-Davidson CEO recommended CFO as successor, shareholder says
Amid a proxy battle, the motor cycle company said three unnamed potential CEO candidates recently failed to gain majority support from its board.
By Grace Noto • April 29, 2025 -
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 -
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 -
Sol de Janeiro taps new CFO amid $1B-plus growth push
Colgate-Palmolive alum Elaine Paik will step into the skincare brand’s top financial seat and will also lead the company’s legal and IT teams.
By Grace Noto • April 28, 2025 -
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 -
Deloitte shelves Q1 CFO survey amid scrambled economic outlook
The Big Four firm said it is not “at this time” releasing its first quarter CFO Signals report due to changes in the economy since the survey was conducted in February.
By Maura Webber Sadovi • April 25, 2025 -
Google pours billions into AI, cyber and infrastructure expansion
The tech giant's cloud profits more than doubled year over year as it invested more than $17 billion, primarily in servers and data centers.
By Matt Ashare • April 25, 2025 -
Volvo Cars taps new finance chief amid market, tariff uncertainty
The company’s deputy CFO Fredrik Hansson will step into its top financial seat just a month after Håkan Samuelsson rejoined Volvo as its CEO.
By Grace Noto • April 24, 2025 -
Tariffs put execs in ‘gray rhino’ risk territory
PwC projects the total annual value of proposed and potential U.S. tariffs levied could jump 13-fold to $989 billion from pre-election levels.
By Suman Bhattacharyya • April 24, 2025