Financial Reporting
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Deep Dive
Accounting talent shortage eases as layoff fears creep up
The increasing use of AI and offshore outsourcing to help with financial tasks, such as closing the books, is loosening the accounting labor market, experts say.
By Maura Webber Sadovi • Aug. 28, 2025 -
Jack Daniel’s maker CFO to retire after 4 years in seat
Leanne Cunningham plans to retire from Brown-Forman on May 1. The Louisville, Kentucky-based spirits maker faces pressures from tariffs and changing alcohol consumption habits.
By Maura Webber Sadovi • Aug. 26, 2025 -
Explore the Trendlineâž”
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 -
British American Tobacco CFO steps down abruptly
The CFO departure comes as the Lucky Strike maker focuses on boosting growth for its vape and smokeless products. BAT is one of three global tobacco brands that agreed to pay a collective $23.7 billion to settle decades-long litigation with Canada earlier this year.
By Grace Noto • Aug. 26, 2025 -
Walmart, Target tout AI plans
The two retail giants are capitalizing on sustained investment in their technology foundations even as they face economic headwinds.
By Lindsey Wilkinson • Aug. 26, 2025 -
Murky economic outlook prompts review of pay strategies: Korn Ferry
Business leaders are thinking differently about their approach to executive incentives among continued economic uncertainty — an area where CFOs could share key insights, Korn Ferry’s Ron Seifert said.
By Grace Noto • Aug. 25, 2025 -
UHY’s new CFO on being a CPA’s CPA: They ‘need numbers’
Laura LaPeer took the CFO seat at the accounting firm of UHY, which plans to grow organically and via private-equity-backed deals.
By Maura Webber Sadovi • Aug. 25, 2025 -
CPA licensing changes poised to hit half of all states by year-end
While a growing band of states have passed new CPA licensure laws, employers, universities, students and regulators are just beginning to grapple with how the new rules will work.
By Maura Webber Sadovi • Aug. 22, 2025 -
Ex-Trump CFO Weisselberg may keep severance pay, appellate court rules
The former finance chief is no longer required to pay $1 million back to New York State, the appeals court found, though the opinion has no impact on other judgments.
By Grace Noto • Aug. 22, 2025 -
CFOs, PE sponsors diverge on AI adoption approach: Accordion
Private equity sponsors want their portfolio CFOs to move forward with AI adoption, but finance chiefs are stymied on where to begin, a recent survey found.
By Grace Noto • Aug. 21, 2025 -
Former Dollar General exec to return for CFO post
Donny Lau is rejoining Dollar General after a nearly three-year absence to replace Kelly Dilts, who is leaving the discount retailer to become the CFO of Nordstrom.
By Alexei Alexis • Aug. 21, 2025 -
IRS underreports wait times for taxpayers phoning in for help: TIGTA
“More transparency is needed when reporting IRS telephone level of service and average wait time,” the Treasury Inspector General for Tax Administration said.
By Jim Tyson • Aug. 20, 2025 -
Home Depot warns of tariff impact, ‘modest’ price hikes
The retailer might see some “modest” price movement as it continues to navigate tepid home improvement demand alongside tariff and interest rate uncertainty, executives said.
By Grace Noto • Aug. 20, 2025 -
Upwork leans on AI deals for greater ‘optionality,’ CFO says
The company is “by no means done with M&A,” CFO Erica Gessert said, but is continuing to prioritize a key mix of profitability and growth.
By Grace Noto • Aug. 19, 2025 -
Lax IRS review opened way for Form 941 business fraud: Inspector General
The report identifies errors that preceded a historic agency shakeup this year under the Trump administration.
By Jim Tyson • Aug. 18, 2025 -
CFOs elevate tax to strategic leadership: BDO
Tax leaders have seen their roles as strategy drivers grow since many stepped up to help with cash planning needs during the COVID-19 pandemic.
By Grace Noto • Aug. 18, 2025 -
Cisco AI infrastructure orders top $2B
Newly minted CFO Mark Patterson will focus on “financial discipline” and profitable growth as Cisco looks to position itself as a “critical infrastructure provider” for the AI age.
By Grace Noto • Aug. 14, 2025 -
AI cuts monthly financial close time by 7.5 days: MIT/Stanford study
Accounting firms that adopt artificial intelligence can yield “remarkable improvements in productivity, task allocation and reporting quality,” researchers said.
By Jim Tyson • Aug. 13, 2025 -
Urgently narrows operating loss, leveraging AI, ML
Urgently, while shifting leadership, is opening its AI model to clients in an attempt to boost renewals and spark new relationships.
By Grace Noto • Aug. 13, 2025 -
Circle courts broader payments community
The company is seeking partnerships to boost the use of its USDC coin in payments, along with its cryptocurrency tools and services.
By Justin Bachman • Aug. 13, 2025 -
Urgently CFO steps down after two months
The CFO’s departure comes as the digital roadside assistance company looks to continue addressing material weaknesses in its financial reporting.
By Grace Noto • Aug. 12, 2025 -
Why the EU AI Act could be a wake-up call for US CFOs
Staggered effective dates and uncertainty about which companies must comply could yield fresh financial pressures for CFOs, according to an attorney who specializes in cybersecurity.
By Suman Bhattacharyya • Aug. 12, 2025 -
OneStream CEO highlights ‘deterministic’ AI approach
After a strong second quarter, OneStream is keeping its focus on creating AI solutions that can provide CFOs with clear, rather than subjective insights, CEO Tom Shea said.
By Grace Noto • Aug. 11, 2025 -
How Salesforce’s finance chief is leveraging AI
With artificial intelligence tools, the time it takes to prepare for earnings calls has “been reduced to hours instead of days,” the executive said.
By Alexei Alexis • Aug. 11, 2025 -
The Trade Desk names new CFO, warns of tariff disruption
The Trade Desk will grant venture capital veteran and incoming CFO Alex Kayyal a $600,000 signing bonus as it tries to navigate uncertainty from U.S. tariffs.
By Grace Noto • Aug. 8, 2025 -
Peloton to shrink workforce by 6% in cost-cutting effort
The fitness company told its shareholders that operating expenses “remain too high, which hinders our ability to invest in our future.”
By Alexei Alexis • Aug. 7, 2025