Financial Reporting


  • Costco ‘held’ price on tariff-impacted bananas, CFO says

    The warehouse club retailer has sought to eliminate the tariff impact on certain “staple” goods prices but sees flowers as “discretionary,” CFO Gary Millerchip said.

    By May 30, 2025
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    Brandon Bell / Staff via Getty Images
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    Employers report plans to ‘quiet fire’ via RTO mandates, benefits cuts and more

    Companies pushing workers out said they’re hoping to avoid things like public layoffs, bad press and severance costs.

    By Carolyn Crist • May 30, 2025
  • Image of glowing AI letters in the foreground with a circuit board in the background. Explore the Trendline
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    KanawatTH via Getty Images
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    Trendline

    CFO 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
  • Gemini Trust founders the Winklevoss twins listen during President Trump's Digital Asset Summit
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    Anna Moneymaker via Getty Images
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    Regulatory clarity ‘foundational’ for crypto: Gemini CFO

    Newly-minted Gemini CFO Dan Chen emphasized the importance of clear regulatory frameworks as the Trump administration continues to woo the crypto industry.

    By May 29, 2025
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    Justin Sullivan via Getty Images
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    Jack in the Box serial interim finance leader takes CFO brass ring

    Dawn Hooper is taking the permanent CFO seat as the California-based fast food chain plans to close 150-200 underperforming restaurants.  

    By May 29, 2025
  • A view of the United States Court of International Trade in New York City, on June 22, 2019.
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    The image by ajay_suresh is licensed under CC BY 2.0
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    US court blocks Trump’s sweeping tariffs

    The Court of International Trade said the president overstepped his authority, halting various duties. After an appeal, the ruling has been paused.

    By Edwin Lopez • Updated May 29, 2025
  • DeepSeek, Sridhar, facilities managers
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    Eos Energy abruptly terminates CFO after three months

    The short-term finance chief’s departure comes after the New Jersey-based battery maker reported its highest-ever quarterly revenue. 

    By May 28, 2025
  • Illinois state capitol building in Springfield
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    tacojim via Getty Images
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    Illinois passes CPA licensure bill with 2027 start date

    Once signed into law, the legislation’s Jan. 1, 2027 effective date would allow time to set up rules needed to implement the changes, the Illinois CPA Society’s Martin Green says.

    By May 28, 2025
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    Super Micro CFO sells nearly $3M in stock

    The sale comes roughly five months after the AI server company announced it would "transition” to a new CFO, among other changes aimed at improving internal controls.

    By May 27, 2025
  • Salesforce
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    Tech firms betting big on AI agents face ‘tremendous’ ROI pressure: EY

    “Against an uncertain macroeconomic and trade environment, executives are still overwhelmingly positive on the business value that agentic AI can deliver,” said EY’s James Brundage.

    By May 27, 2025
  • Two people walk into a BJ's Wholesale Club store.
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    Joe Raedle via Getty Images
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    BJ’s Wholesale Club is willing to sacrifice margin for digital convenience

    Store-based fulfillment options cost the warehouse club money, but loyalty improvements more than make up the difference, according to CEO Bob Eddy.

    By Bryan Wassel • May 22, 2025
  • Gavel sitting on cash
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    Avosb via Getty Images
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    Ex-law firm CFO sentenced to three years in prison for $1.3M embezzlement scheme

    Former CFO Tony Archuleta-Perkins embezzled over $1.3 million from his former employers to pay for two California homes and other personal expenses, according to court documents.

    By May 22, 2025
  • A Cybertruck outside a California Tesla dealership on Dec. 20, 2024
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    Justin Sullivan via Getty Images
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    Tesla CFO racks up third $1M May stock sale

    Among other moves to shore up investor trust, Tesla appointed former Chipotle CFO Jack Hartung to its board of directors, effective June 1.

    By May 21, 2025
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    Art Wager via Getty Images
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    Paramount Group CFO, GC resign; office REIT launches strategic review

    The CFO and general counsel changes come as the REIT faces looming debt maturities in 2026, among other economic headwinds.

    By May 20, 2025
  • Minnesota State Capitol building
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    Stephen Maturen via Getty Images
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    Minnesota passes CPA pathways legislation after pioneering model

    Roughly two years after introducing a bill to ease CPA licensure rules, Minnesota lawmakers late Monday passed legislation establishing alternative routes to becoming a certified public accountant.

    By May 20, 2025
  • U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement event in the Rose Garden at the White House on April 2, 2025 in Washington, DC.
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    Chip Somodevilla / Staff via Getty Images
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    Continuous scenario planning, war chests top finance playbooks for uncertain times

    CFOs now grappling with on-again off-again tariff policies on top of other headwinds are using a variety of strategies to mitigate the risks of the fast-changing business climate.  

    By May 19, 2025
  • FASB board
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    Courtesy of FASB
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    FASB clarifies rules for warrants, share-based payments

    The GAAP update will affect how companies account for share-based financial instruments such as warrants that they grant to customers as a kind of rebate to incentivize purchases. 

    By May 16, 2025
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    Marko Nikolic via Getty Images
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    Opinion

    Why spreadsheets aren’t going away anytime soon

    Spreadsheets are not just a tool of the past; they will be a vital component of the future of finance, Gartner’s Mike Helsel writes.

    By Mike Helsel • May 16, 2025
  • A sign reads Cisco in bright red letters outside a corporate office.
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    Justin Sullivan via Getty Images
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    Cisco taps chief strategy officer to succeed retiring CFO

    With Mark Patterson taking its finance reins, the tech giant will still likely continue prioritizing cash flow and shareholder returns, a Morningstar analyst said.

    By May 15, 2025
  • Walmart announces Carrier Pickup by FedEx.
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    Courtesy of Walmart
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    Walmart CEO: ‘Higher tariffs will result in higher prices’

    The big-box retailer vows to keep those prices as low as possible and is leaning into relationships with vendors to respond to a fluctuating market.

    By Kaarin Moore • May 15, 2025
  • an exterior view of the US Capitol building
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    Joe Raedle via Getty Images
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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 May 14, 2025
  • A view of Tesla's Shanghai factory on Mar. 29, 2021
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    Xiaolu Chu/ via Getty Images
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    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 May 13, 2025
  • Booking Holdings CFO Ewout Steenbergen speaks at a company Town Hall event.
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    Permission granted by Booking Holdings
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    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 May 13, 2025
  • Shot of Chewy website with product listings
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    Joe Raedle via Getty Images
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    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 May 12, 2025
  • PwC offices stand in More London Riverside on October 2, 2018 in London, England.
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    Jack Taylor via Getty Images
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    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 May 8, 2025
  • Jerome Powell
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    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 Updated May 7, 2025