Treasury
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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 Maura Webber Sadovi • Jan. 16, 2025 -
Dropped PCAOB probe, lawsuit spotlight audit watchdog’s challenges
While the litigation was dismissed, the PCAOB is expected to face similar pushback from the incoming Trump administration.
By Maura Webber Sadovi • Jan. 15, 2025 -
Trendline
Compensation: solving the cost-talent puzzle
In today’s strong labor market, CFOs leery of raising wages find creative ways to find and retain key employees.
By CFO Dive staff -
Inflation eases, pulling down benchmark measure of borrowing costs
Slowing inflation prompted futures traders to increase the odds that the Federal Reserve will trim the main interest rate more than once this year.
By Jim Tyson • Jan. 15, 2025 -
Meta joins chorus of DEI rollbacks, cutting roles and programs
The tech and social media giant ended a number of diversity, equity and inclusion initiatives last week, including its supplier diversity program.
By Lamar Johnson • Jan. 14, 2025 -
IPO proceeds set to rise this year after 47% surge in 2024: EY
Plans by President-elect Donald Trump to loosen federal regulation may spur initial public offerings, EY said.
By Jim Tyson • Jan. 13, 2025 -
‘Gangbusters’ hiring reduces odds of early 2025 Fed rate cut
The yield on the benchmark 10-year Treasury bond rose as investors bet the Federal Reserve will pause monetary easing.
By Jim Tyson • Jan. 10, 2025 -
Ohio gov signs alternative CPA licensure pathway bill into law
The move puts the Buckeye state at the forefront of the recent drive to address the talent shortage by widening on-ramps into the accounting profession.
By Maura Webber Sadovi • Jan. 9, 2025 -
Deep Dive
Walking a tightrope: 6 CFO trends for 2025
Financial executives can gain an edge this year by monitoring six trends in federal policy and business strategy.
By Jim Tyson • Jan. 7, 2025 -
FASB pursues agenda refresh
Narrower projects could be in store for the accounting-standard setter as some stakeholders want more guidance on hot- button issues like crypto and goodwill.
By Maura Webber Sadovi • Jan. 6, 2025 -
4 CFO pricing strategy tips for 2025
With tariffs proposed by the incoming Trump administration poised to potentially spur inflation, a top consultant predicts companies will consider price hikes again this year.
By Maura Webber Sadovi • Jan. 2, 2025 -
Jobless claims fall to eight-month low, signaling steady labor market
Traders in interest rate futures have increased the probability that Fed policymakers this month will hold the federal funds rate at its current level.
By Jim Tyson • Jan. 2, 2025 -
Audit fees poised to rise further after 6.4% hike in latest cycle, report says
Additional pressure on audit pricing is expected to come from regulatory changes on the horizon such as the FASB’s income statement expense rules, FERF reports.
By Maura Webber Sadovi • Dec. 19, 2024 -
Fed trims main interest rate, signals prospect of less easing in 2025
Policymakers reduced the benchmark interest rate despite signs that their nearly three-year fight to push down inflation to their 2% target has stalled.
By Jim Tyson • Updated Dec. 18, 2024 -
MassMutual’s first female CFO looks back on her career, automation, and getting loud
Betsy Ward — the life insurer’s finance chief since 2016 — is retiring at the end of the year. She will be succeeded by Mary Jane Fortin, formerly of Thrivent Financial.
By Maura Webber Sadovi • Dec. 16, 2024 -
Costco CFO looks to ‘pull forward’ inventory buys amid tariff uncertainty
“In general, of course, tariffs raise costs so that's not something that we see as a positive,” Costco CFO Gary Millerchip said on the company’s earnings call Thursday.
By Maura Webber Sadovi • Dec. 13, 2024 -
Opinion
It’s time to prepare for FASB’s new compensation reporting rules
The new accounting standard will fundamentally change how businesses track and report compensation, especially with regards to bonuses and commissions, Mark Schopmeyer writes.
By Mark Schopmeyer • Dec. 13, 2024 -
Trump-related accounting rule revamp is a likely ‘nonstarter’
Daniel Tinkelman, a professor of accounting at Brooklyn College of the City University of New York, wants the FASB to clarify GAAP rules on personal financial statements.
By Maura Webber Sadovi • Dec. 12, 2024 -
Morningstar picks insider for CFO
Michael Holt will take the finance reins of the Chicago-based investment research and financial services firm from Jason Dubinsky on Jan. 1.
By Maura Webber Sadovi • Dec. 11, 2024 -
Inflation rises, underscoring Fed’s challenge achieving 2% target
Traders in interest rate futures were unfazed by the report of persistent inflation, raising the odds that policymakers will trim the main interest rate.
By Jim Tyson • Dec. 11, 2024 -
Small business optimism surges to highest level in three years: NFIB
CEOs at the largest U.S. companies also see good times ahead, according to the Business Roundtable.
By Jim Tyson • Dec. 10, 2024 -
Hiring rebounds amid hurricane, strike recovery as jobless rate edges up
Traders in interest rate futures raised the odds that the Federal Reserve will cut the federal funds rate by a quarter point on Dec. 18.
By Jim Tyson • Dec. 6, 2024 -
Powell says solid economy gives Fed time to mull rate cut pace
Powell’s comments align with those of other Fed officials in recent days who backed a cautious approach to future reductions in borrowing costs.
By Jim Tyson • Dec. 4, 2024 -
US manufacturing shrinks for eighth straight month: ISM
Some concerns about federal policy have eased since the November election, giving C-suite executives firmer footing as they complete business strategies for 2025.
By Jim Tyson • Dec. 2, 2024 -
Inflation accelerates as Fed officials view easing with caution
Some Federal Reserve officials said at a policy meeting this month that the central bank may hit its 2% inflation target later than expected.
By Jim Tyson • Nov. 27, 2024 -
FASB updates convertible debt rules
The new GAAP guidance stems from a request made by Big Four accounting firms and comes as the convertible bond market is regaining steam.
By Maura Webber Sadovi • Nov. 27, 2024