Financial Reporting


  • Header image for "Audit Regulators Vow a Tougher Regime"
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    CFO Editorial Staff
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    PCAOB wins Senate lifeline while future remains murky

    The U.S. auditor watchdog got a legislative reprieve through the "Byrd bath" process last week. But the battle over its future is likely to persist, experts say.

    By , June 23, 2025
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    artisteer via Getty Images
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    Xerox alum joins publisher Wiley following AI licensing revenue jump

    The CFO appointment comes as the publisher nearly doubled its revenue from AI licensing agreements to $40 million for its fiscal 2025, according to its earnings report.

    By June 23, 2025
  • Sen. John Thune speaks in front of the West Wing.
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    Anna Moneymaker via Getty Images
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    Senate pitches permanent TCJA tax breaks

    The Senate proposal would make the trio of tax-relief provisions from the 2017 Tax Cut and Jobs Act permanent. In contrast, the House bill would only extend them through 2029.

    By June 20, 2025
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    gorodenkoff via Getty Images
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    Intel alum to get $1.9M bonus as newly-minted Ciena CFO

    The appointment comes after the optical networking company reported a nearly 24% boost to net revenue for its most recent quarter, driven by skyrocketing data center and cloud spending.

    By June 20, 2025
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    Just_Super via Getty Images
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    GENIUS Act puts renewed spotlight on stablecoins, digital assets

    The regulatory clarity the GENIUS Act proposes to bring to the stablecoin space can help ease some of the worries of more conservative entities, such as CFOs, examining the space, EY’s Paul Brody said.  

    By June 18, 2025
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    Andrew Harnik via Getty Images
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    Fed holds main interest rate steady, expects two cuts later in 2025

    Policymakers have left borrowing costs unchanged this year while balancing signs of a softening labor market against concerns that U.S. tariffs will stoke inflation.

    By Updated June 18, 2025
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    Justin Sullivan via Getty Images
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    Yum Brands CFO to receive $1.1M salary as next CEO

    The CEO appointment comes as Yum Brands is looking to further integrate artificial intelligence throughout its restaurant brands and offerings.

    By June 17, 2025
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    Avosb via Getty Images
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    Bankrupt At Home ‘significantly impacted’ by tariffs, CFO said

    The liquidity pressures faced by the home goods retailer were “exacerbated and accelerated” by the uncertain tariff environment, CFO Jeremy Aguilar said. 

    By June 16, 2025
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    (Photo by Brendan Smialowski/Getty Images via Getty Images
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    SEC taps alum as chief accountant

    EY veteran Kurt Hohl is rejoining the agency as controversial legislation advancing in Congress would fold the duties of the Public Company Accounting Oversight Board into the SEC.

    By June 16, 2025
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    Michael M. Santiago via Getty Images
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    NY passes CPA pathways legislation as Florida punts

    Since late last year at least 19 states — now including New York — have passed legislation providing alternative paths to CPA licensure to ease the accounting talent shortage.

    By June 13, 2025
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    Eric Thayer via Getty Images
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    Costco controller passes the torch after near-decade tenure

    The decision to pick its new controller from its ranks aligns with the warehouse club retailer’s history of developing and keeping its financial bench talent.

    By June 12, 2025
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    Vera Bradley gets new CFO amid leadership shakeup

    Coach alum Martin Layding will step into the retailer’s CFO seat amid a transformation effort to stem growing losses and bolster declining sales.  

    By June 12, 2025
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    NanoStockk via Getty Images
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    ‘Boring’ data work underpins innovation, strategy, Payoneer CFO says

    Finance chiefs need to hone their data skills in an era when they are increasingly looked at not just as strategic leaders, but “innovation champions,” Payoneer CFO Bea Ordonez said.

    By June 11, 2025
  • Roblox CEO David Baszucki presenting at a developer conference on Aug. 10, 2019 in Burlingame, Calif.
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    Ian Tuttle via Getty Images
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    Roblox hands $6M in bonuses to CFO poached from Paramount

    The game platform will give the Paramount and Pandora alum two separate $3 million bonuses, as well as a stock award with a value of $28 million, to step into Roblox’s top financial seat.

    By June 10, 2025
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    LaylaBird via Getty Images
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    Tax, finance chiefs must craft a clear tax transformation ‘roadmap’: Deloitte

    Tax and finance leaders need to agree on a clear tax transformation plan in the face of complicated cost and regulatory pressures, Deloitte’s Emily VanVleet said.  

    By June 9, 2025
  • Circle at ringing of NYSE bell following June 2025 IPO
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    Courtesy of Courtesy of Circle
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    Circle CFO takes post-IPO victory lap for stablecoin, company

    The public offering represents an “accelerant” for Circle as it seeks to establish itself at the heart of a new “internet financial system,” CFO Jeremy Fox-Geen said.

    By June 5, 2025
  • Tesla CEO Elon Musk in the White House on May 30, 2025.
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    Kevin Dietsch via Getty Images
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    Tesla CFO offloads over $2M in stock as EU sales tumble

    The stock sales come as Tesla’s European sales declined by 53% in April compared to the previous year.

    By June 4, 2025
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    Justin Sullivan via Getty Images
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    PayPal veteran named Bill CFO

    Rohini Jain is set to become Bill’s finance chief in July, replacing John Rettig who will assume the role of president and chief operating officer.

    By June 4, 2025
  • 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
  • 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
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    luza studios via Getty Images
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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
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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