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 Aug. 28, 2025
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    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 Aug. 26, 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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    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 Aug. 26, 2025
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    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
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    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 Aug. 25, 2025
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    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 Aug. 25, 2025
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    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 Aug. 22, 2025
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    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 Aug. 22, 2025
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    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 Aug. 21, 2025
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    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 Aug. 21, 2025
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    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 Aug. 20, 2025
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    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 Aug. 20, 2025
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    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 Aug. 19, 2025
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    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 Aug. 18, 2025
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    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 Aug. 18, 2025
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    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 Aug. 14, 2025
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    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 Aug. 13, 2025
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    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 Aug. 13, 2025
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    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
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    Alamy
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    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 Aug. 12, 2025
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    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 Aug. 12, 2025
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    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 Aug. 11, 2025
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    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 Aug. 11, 2025
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    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 Aug. 8, 2025
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    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 Aug. 7, 2025