Financial Reporting


  • Judges Or Auctioneer Gavel On The Dollar Cash Background
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    Avosb via Getty Images
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    One-time EV darling Nikola files for Chapter 11 bankruptcy

    The filing comes several months after CFO Tom Okray warned Nikola only had enough cash to meet its obligations into, but not beyond, Q1 2025.

    By Feb. 19, 2025
  • Shot of a Southwest plane taking off from a California airport on July 25, 2024
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    Mario Tama via Getty Images
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    Southwest to cut 15% of leadership staff ahead of CFO shift

    The “unprecedented” layoffs of senior and corporate leaders come as Breeze Airways alum Tom Doxey gears up to take Southwest’s CFO seat.

    By Feb. 18, 2025
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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
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    Bo Shen via Getty Images
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    Super Micro says DOJ, SEC subpoenaed documents

    The AI server maker’s accounting has drawn scrutiny in the wake of a highly critical report on the company from the now-defunct short-seller Hindenburg Research.

    By Feb. 12, 2025
  • Close-up Portrait of Software Engineer Working on Computer, Line of Code Reflecting in Glasses.
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    gorodenkoff via Getty Images
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    OneStream sees high demand despite ‘near-term headwinds’

    “If there’s a growing sense of uncertainty [among CFOs], we’re probably going to feel it a little bit first,” said Tom Shea, the finance software maker’s CEO. 

    By Feb. 12, 2025
  • Shot of a Kroger storefront in Houston, Texas on Sept. 9, 2022
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    Brandon Bell via Getty Images
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    Kroger taps PepsiCo alum as next CFO

    The appointment comes two months after Kroger’s $25 billion merger with Albertsons was blocked by an Oregon District Court judge.  

    By Feb. 12, 2025
  • Southwest aircraft on a runway at an airport in Baltimore Maryland on Oct. 11, 2021.
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    Kevin Dietsch via Getty Images
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    Southwest appoints Breeze Airways alum to CFO chair

    The new CFO joins the budget-friendly airline as it aims to realize $500 million in cost savings while facing inflationary pressures and challenges to its fleet capacity.

    By Feb. 11, 2025
  • Aerial view of Tesla's parking lot on April 20, 2022 in Fremont, California
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    Justin Sullivan via Getty Images
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    Tesla CFO, board members offload millions in stock

    The sales occurred after board members, including Kimbal Musk, agreed to pay a collective $919 million back to the EV maker to settle claims of excessive compensation last month.

    By Feb. 7, 2025
  • Two people sitting at a table with financial documents and a calculator
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    Daenin Arnee via Getty Images
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    CFOs prep for tax policy impacts: Grant Thornton

    CFOs are feeling more upbeat about economic prospects following the U.S. election, but still face uncertainty when it comes to tax or regulatory policy shifts.

    By Feb. 6, 2025
  • A sign is posted in front of a Google office on April 26, 2022 in San Francisco, California. Google parent company Alphabet will report first quarter earnings today after the closing bell.
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    Justin Sullivan via Getty Images
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    Alphabet projects $75B in capex as AI push grows: CFO

    Big tech continues to invest heavily in AI even as investors nervously watch for indications that it’s paying off.

    By Feb. 5, 2025
  • Ford CEO Jim Farley standing between two Ford models in Detroit, Michigan on Jan. 9, 2025
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    Bill Pugliano via Getty Images
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    Ford Motor taps finance VP as new CFO

    Sherry House will move into the CFO role as planned after joining Ford in June, when she inked a $4.5 million signing bonus as part of her compensation package.  

    By Feb. 5, 2025
  • The ADM logo is seen on the company's headquarters building.
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    Courtesy of ADM
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    ADM to slash up to 700 roles as work to fix reporting problems continues

    The agricultural company’s CFO Monish Patolawala said the company is making progress on its effort to “lift” the material weakness related to its financial reporting. 

    By Feb. 4, 2025
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    Adam Gray via Getty Images
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    Q&A

    AI agents may cause some finance jobs to ‘disappear’: Microsoft exec

    Microsoft’s Georg Glantschnig said the software giant envisions every business process being impacted by the emerging technology.

    By Feb. 4, 2025
  • Tariffs
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    Michael M. Santiago via Getty Images
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    Trump tariff fallout: The first 3 days

    President Donald Trump’s long-anticipated tariffs against Canada, Mexico, and China set off a fast-paced chain of events after landing on Saturday.

    By Updated Feb. 3, 2025
  • AT&T To Merge Warner Media With Discovery
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    Justin Sullivan / Staff via Getty Images
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    AT&T’s sale-leaseback unlocks $850M

    By selling properties and leasing them back, companies like AT&T can monetize real estate value and raise capital while retaining the use of the assets.

    By Tatiana Walk-Morris • Jan. 31, 2025
  • Tesla Elon Musk lawsuit
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    Justin Sullivan via Getty Images
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    Tesla CFO flags risk posed by Trump tariffs

    The electric vehicle executive is the latest finance chief of a major U.S. company to sound the alarm over the president’s tariff plans.

    By Jan. 30, 2025
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    Brandon Bell via Getty Images
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    Clorox treasurer tapped as next finance chief

    Clorox’s treasurer will take the financial reins as the company recasts its strategy after recovering from a 2023 cyberattack that hurt 2024 net sales and cost it $49 million.

    By Jan. 30, 2025
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    Brendan Hoffman via Getty Images
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    Deep Dive

    Trump’s softer-touch SEC may ease CFO regulatory burden

    By slimming the SEC’s budget, headcount and regulatory scope, a new agency chief would fall in step with Trump’s cost-cutting and efficiency campaign.

    By Jan. 30, 2025
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    Spencer Platt via Getty Images
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    Victoria’s Secret taps former Joann exec for CFO seat

    The transition comes as the lingerie retailer is pursuing a turnaround under a new CEO following market share declines and other challenges.

    By Jan. 29, 2025
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    Courtesy of FASB
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    Big Four, Apple weigh in on FASB’s proposed software guidance

    While changes were suggested, many of the 32 respondents expressed general support for the broader effort to update the accounting guidance that has been untouched for decades.

    By Jan. 28, 2025
  • Ken Paxton shakes Donald Trump's hand at a campaign rally
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    Brandon Bell via Getty Images
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    State AGs threaten financial institutions over ESG, DEI policies

    Bank of America, BlackRock, Citigroup, Goldman Sachs, JPMorgan Chase and Morgan Stanley were all asked about their plans for implementing hiring or supplier diversity goals.

    By Lamar Johnson • Jan. 28, 2025
  • Salesforce
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    Sundry Photography via Getty Images
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    Agentic AI is here. Are CFOs ready?

    It could take a while — perhaps years — before the technology’s full potential is realized, yet C-suites need to prepare now, analysts say.

    By Jan. 24, 2025
  • Trump holds up an executive order after signing it on at a post-inauguration parade in Capital One Arena
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    Anna Moneymaker via Getty Images
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    Trump pulls US from Paris Agreement — again — in packed day one slate

    The president’s executive order freezes all funding related to the 2015 global climate treaty and also rescinds the nation’s International Climate Finance plan.

    By Lamar Johnson • Jan. 21, 2025
  • Mark Uyeda during May 2022 Senate hearing
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    Trump taps crypto-friendly Mark Uyeda as acting SEC chair

    The appointment likely signals a loosening of the SEC’s cyrptocurrency policy during the second Trump presidency.  

    By Jan. 21, 2025
  • Shot of SEC building in DC on March 9, 2001
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    SEC general counsel, chief economist latest to follow Gensler to exit

    The agency’s chief of staff and director of policy are among other leaders who have announced their departures just days ahead of Donald Trump’s inauguration.  

    By Jan. 17, 2025
  • FASB board
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    Courtesy of FASB
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    FASB declines to tackle new credit risk transfer project

    The U.S. accounting standard setter decided against adding a new project to its priority agenda that would have considered requiring banks to disclose more information about CRTs.

    By Jan. 16, 2025