Financial Reporting: Page 5
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[Podcast] Advisor’s Edge with Baker Tilly
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By CFO Dive's studioID • March 14, 2025 -
Adobe touts 10% revenue growth amid AI push
The company’s introduction of new AI-enabled products is encouraging, although monetization is still “in the early stages,” a Morningstar analyst said.
By Alexei Alexis • March 13, 2025 -
Explore the Trendline➔
Mario Tama via Getty ImagesTrendlineTop 5 stories from CFO Dive
Tarifff headwinds along with the accounting talent shortage and the promises and traps of generative AI, are among the top issues CFOs are grappling with this year.
By CFO Dive staff -
Stablecoin gets AICPA guidance aimed at promoting ‘transparency’
The new guidance aims to foster clearer and more comparable stablecoin issuer reports that help investors understand how the assets are being handled.
By Maura Webber Sadovi • March 13, 2025 -
PCAOB fines global KPMG firms $3.3M
The audit watchdog imposed fines as high as $700K on nine KPMG member firms for failing to disclose other accounting firms involved in audits, among other quality control violations.
By Grace Noto • March 12, 2025 -
Rivian swipes Tesla vet for CAO
Former Tesla VP of Finance Sreela Venkataratnam will receive a $20,000 cash bonus from Rivian as part of her compensation package, the company said.
By Grace Noto • March 11, 2025 -
Oracle exec signals all-in AI agent strategy as competition heats up
The software giant is among several enterprise software companies that have begun rolling out products leveraging the nascent technology.
By Alexei Alexis • March 11, 2025 -
Costco CFO says 50 cent wage increase poses expense ‘headwind’
CFO Gary Millerchip said Thursday that Costco will continue looking for ways to offset the expected impact of its new employee agreement on SG&A.
By Maura Webber Sadovi • March 10, 2025 -
Gap to explore ‘AI monetization opportunities’
The retailer plans to capitalize on investments made last year, including the creation of an AI unit.
By Lindsey Wilkinson • March 7, 2025 -
Direct Relief taps Salesforce CFO for CEO
Salesforce CFO Amy Weaver announced her intent to depart last year; in February, the software giant announced it would be combining its CFO and COO roles into a newly-created “COFO” position.
By Grace Noto • March 7, 2025 -
Orthofix’s fired execs’ lewd, ‘graphic’ texts surface in legal battle
The medical device maker didn’t originally specify the reasons behind the 2023 firing of its CEO, CFO and CLO. Now, a court case is illuminating the story behind the terminations.
By Maura Webber Sadovi • March 7, 2025 -
Tesla CFO sells $1.7M more in stock
The sale comes as Tesla’s stock has lost a third of its value since President Donald Trump took office, amid a backlash against the EV maker’s CEO Elon Musk and a broadening trade war.
By Grace Noto • March 6, 2025 -
AICPA strips ‘competencies’ from new CPA licensure path
The revised proposal comes as more states are seeking to stop requiring certified public accountants to complete 150 hours of college credits to get licensed.
By Maura Webber Sadovi • March 5, 2025 -
Starbucks gives incoming CFO $5M signing bonus
The bonus is part of a bid to induce CFO Cathy Smith to join the coffee retailer as well as to help her recoup some of the compensation she forfeited as she prepares to depart Nordstrom for Starbucks.
By Grace Noto • March 4, 2025 -
Cyberattacks targeting IT vendors intensify, causing bigger losses
Ransomware criminals are on the hunt for prime targets that can yield bigger payouts, according to cyber risk management firm Resilience.
By Alexei Alexis • March 4, 2025 -
Trump tariffs: March madness runs down the clock
Stocks slumped Monday after President Trump reasserted U.S. tariffs on imports from Canada and Mexico would go into effect Tuesday.
By Maura Webber Sadovi • Updated March 3, 2025 -
Crypto firm Tether appoints new CFO before full audit
Tether will conduct a full audit in a bid to leave behind a somewhat checkered past with U.S. regulators as the Trump administration courts the crypto industry.
By Grace Noto • March 3, 2025 -
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March 3, 2025 -
Robinhood CFO sells $1.2M in shares following dropped SEC investigation
The sale comes as the platform is eyeing further expansion into the industry and follows on the heels of the SEC dropping an investigation into Robinhood’s crypto unit.
By Grace Noto • Feb. 28, 2025 -
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By CFO Dive's studioID • Feb. 28, 2025 -
Salesforce expects AI agent push to yield ‘modest’ returns this year
The company’s stock price dipped after it reported revenue guidance for the coming year that fell short of analysts’ expectations.
By Alexei Alexis • Feb. 27, 2025 -
New AICPA CEO vows to be ‘vocal’ if IRS cuts affect service
Mark Koziel is taking the accounting organization’s reins as the industry faces headwinds related to taxes, the PCAOB and CPA licensure reform.
By Maura Webber Sadovi • Feb. 27, 2025 -
Super Micro internal control flagged in delayed 10-K filing
The AI server maker’s shares jumped about 12% Wednesday after it said it had “regained compliance” with Nasdaq filing requirements.
By Maura Webber Sadovi • Feb. 26, 2025 -
PCAOB fines PwC Israel $2.7M for exam answer sharing
Monetary penalties imposed by the PCAOB during Biden’s presidency were over six times higher than those seen during the first Trump administration, according to a recent report.
By Grace Noto • Feb. 26, 2025 -
Accelerating the accounting strategic shift: Brex CAO
Leaders need to meld AI’s potential benefits with the judgment and experience of skilled accountants to best take advantage of the technology.
By Grace Noto • Feb. 25, 2025 -
Amplitude CFO focuses on value amid ‘year of the platform’
The data analytics firm is positioning itself to reach profitability this year as businesses look to consolidate software costs amid impacts from AI.
By Grace Noto • Feb. 24, 2025