Financial Reporting


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    Tesla’s CFO cites tariffs, brand hostility as profits slide

    Expected tariffs on the automotive space will have an impact on Tesla’s profitability, CFO Vaibhav Taneja warned Tuesday.

    By April 23, 2025
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    Lockheed has ‘mechanisms’ to recover tariff impacts, new CFO says

    Just days after taking the defense contractor’s CFO seat, Evan Scott said Tuesday that he was “comfortable” with the company’s approach to mitigating tariff impacts.

    By April 22, 2025
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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
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    Prologis CFO says ‘disconnected world’ requires more warehousing

    “Even with the pause in some tariffs or resolution of others, customers simply lack a steady backdrop upon which to plan,” the industrial real estate company’s CFO said. 

    By April 18, 2025
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    Net Power ousts president, CFO amid ongoing cash challenges

    The departures come approximately a month after the energy company once again pushed back the launch date for its first commerical-scale power plant and reupped cost estimates for the project.

    By April 16, 2025
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    Warner Music’s new CFO gets $1M signing bonus

    Armin Zerza is taking the financial reins of the entertainment and record-label conglomerate as it has been seeking to cut costs.

    By April 15, 2025
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    Microsoft confirms AI pullback as tariffs compound pressure

    A significant “endeavor at this size and scale requires agility and refinement as we learn and grow with our customers,” Microsoft’s Noelle Walsh said.

    By April 15, 2025
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    Ulta Beauty aims for long-term growth after data, ERP upgrades

    The company’s tech investments cleared the way for generative AI. Executives are working to reap the rewards.

    By Lindsey Wilkinson • April 14, 2025
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    Tracker

    Tracking CPA licensure paths: Removing the 150-hour-rule hurdle

    State changes to licensing rules are chipping away at a decades-old system that has largely required CPA candidates to complete what effectively amounts to a fifth year of schooling.

    By CFO Dive staff • Updated April 22, 2025
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    FASB sets clock for derivatives rules update

    Existing accounting standards have led to “scope creep,” with derivative standards being applied too often, FASB Chair Richard Jones said.  

    By April 11, 2025
  • Elon Musk and Donald Trump outside of the White House in front of a Tesla car on Mar. 11, 2025
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    Tesla CFO sells $957K in stock amid waning sales

    The finance chief’s third stock sale in as many months comes as Tesla continues to grapple with declining sales and uncertainty related to the Trump administration’s trade war.  

    By April 9, 2025
  • Iowa passes CPA licensure legislation

    Iowa joins a growing band of states passing new CPA licensure laws aimed at easing the accounting talent shortage.

    By April 8, 2025
  • A person with their back to the camera conducts a transaction at an ATM in a subway station. A bitcoin ATM and another ATM sit next to the first machine.
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    Strategy reports unrealized $5.91B loss on digital assets

    The Tysons Corner, Virginia-based company’s report comes on the heels of a bitcoin slump and newly effective crypto accounting rules from FASB.

    By April 8, 2025
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    Newly-minted CVS Health CFO inks $1M salary

    UPS and PepsiCo alum Brian Newman will receive a $1 million base salary as the latest member of the healthcare company’s revamped leadership suite.

    By April 8, 2025
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    Spirit Airlines CFO, COO, GC to step up after CEO exits

    The budget airline, recently emerged from bankruptcy, picked the trio of senior executives to handle CEO responsibilities until a new chief executive is found.

    By April 7, 2025
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    Trump’s tariffs: Tracking the status of international trade actions

    The U.S. has rolled out a deluge of tariffs, sparking responses from trading partners. Here's where each tariff – threatened or realized – currently stands.

    By Philip Neuffer , Edwin Lopez • Updated April 18, 2025
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    Macy’s claws back over $600K in exec bonuses

    The retailer asserts it overpaid executives after an accounting error led to an overstatement of 2023 EBITDA by $81 million, according to a securities filing.

    By April 3, 2025
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    Georgia, Indiana join growing band of states to pass CPA licensure laws

    So far this year at least seven states have passed alternative CPA licensure laws aimed at easing the accounting talent shortage.

    By Updated April 3, 2025
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    FASB clarifies guidance for construction contract holdbacks

    Accounting related to revenue recognition issues has been one of the thornier subjects tripping up report preparers in recent years.

    By April 2, 2025
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    Just Salad ex-CFO missed out on $1.2M, lawsuit claims

    The former finance chief is seeking $1.2 million in funds he claims he’s owed relating to a separation agreement, as well as $5 million in damages.

    By April 1, 2025
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    Vendors crowd CFO software market amid AI boom

    More than 300 tech companies are currently in the fast-growing “office of the CFO software market,” according to venture capital firm Norwest.

    By April 1, 2025
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    Sponsored by Deloitte

    With Pillar Two here, focus on 3 areas

    Pillar Two upends global tax. Leaders should focus on three areas for efficient and effective compliance.

    March 31, 2025
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    SEC withdraws defense of climate-risk disclosure rule

    The agency will no longer defend its rule requiring companies to disclose certain climate-related risks, a move one commissioner called an attempt to “unlawfully” dismantle it.

    By Lamar Johnson • March 28, 2025
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    Courtesy of Tesorio
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    Tesorio launches AI agent to ease invoice bottlenecks

    Dubbed the "Supplier Portals Agent," the fintech's new offering targets invoice submission pain points in order to free up finance teams for more value-added tasks.

    By March 27, 2025
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    Ex-Tesla CFO leads $16.5M Series A for startup Jolly

    Zach Kirkhorn previously served as Tesla’s CFO or “Master of Coin” for four years, before departing from the company in 2023 — with a $590 million net worth.

    By March 26, 2025
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    OneStream CFO: Tariff turbulence is ‘good driver of business for us’

    The finance leader said disruptions in the current environment are in many ways reminiscent of what companies faced during the COVID-19 pandemic.

    By March 24, 2025