The Latest
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The image by Rachel Johnson is licensed under CC BY-ND 2.0
Data bottlenecks stall CFOs’ push for faster month-end close
“Companies are investing in AI, but they're still not closing the books as fast as they would like,” said Aaryn Ross, a financial data analyst at LiveFlow.
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Sponsored by Woodrow
Why your first AI hire in finance should focus on operations
AI has a place in your finance org. Just not where most teams are using it.
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Opinion
The real gap between cybersecurity and finance
CFOs and security leaders are managing the same enterprise risk “through entirely different lenses,” writes Bellini Capital CISO Brian Blakley.
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Q&A
New Checkr CFO seeks to ‘invest heavily’ in AI, core tech
Newly appointed Checkr CFO Tim Yarbrough is focusing on allocating capital where the company has the highest “right to win,” he said.
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Age fades as barrier to winning the CEO seat: NBER research
Yet ageism persists below the C-suite, with most U.S. workers aged 50 or older reporting bias, according to the American Association of Retired Persons.
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Iran war strains global business travel, as companies adjust meeting plans
Global conflicts are causing some companies to examine their “duty of care” policies and could bring back more virtual meetings, the survey found.
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Warner Bros CFO awarded salary hike amid Paramount deal pushback
The compensation bump comes as the $110 billion merger of Warner Bros. with Paramount Skydance faces regulatory scrutiny and a consumer antitrust lawsuit.
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CFOs flag tariff refunds, led by Ford’s $1.3B claim
Ford and General Motors are among early participants in the Trump administration’s tariff refund claims process.
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KPMG trims US advisory business and audit partners
The Big Four firm told workers this week it was laying off about 4% of its U.S. advisory business workforce or about 400 people, a person familiar with the matter said.
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Economy rebounds to 2% growth in Q1, spurred by AI spending
The boost to economic growth from outlays on artificial intelligence may not counteract the drag from protracted conflict in the Middle East, according to economists.
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Puma names new CFO; touts turnaround progress
Puma will lean on yet another Hugo Boss alum to help steer through its ongoing turnaround efforts as it seeks to rightsize its inventory and reduce costs.
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Microsoft CFO flags workforce cuts as AI spending surges
The software giant is focused on “building high-performing teams that operate with pace and agility,” CFO Amy Hood said.
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Maryland governor signs CPA bill amid licensing reform movement
So far about 39 states have added an alternative route to becoming a certified public accountant that requires less schooling and more practical experience.
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Tracker
Tracking CPA licensure paths: Removing the 150-hour-rule hurdle
State changes to licensing rules are chipping away at a decades-old system that has largely required CPA candidates to complete what effectively amounts to a fifth year of schooling.
Updated April 30, 2026 -
Fed holds main rate steady, notes risks to jobs, inflation from Iran war
Jerome Powell said after the end of his term as Federal Reserve Chair in May he will remain on the board as a governor to help ensure the Fed is free of political interference.
Updated April 29, 2026 -
Nvidia hands new accounting chief $12.9M in RSUs
Next month Intel veteran Scott Gawel will join Nvidia, succeeding Donald Robertson, the AI chip giant’s longtime chief accounting officer.
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CFOs expect smaller finance teams, fewer junior roles amid AI push: survey
As AI and global uncertainty heighten the finance function’s role, CFOs are looking for new technologies and more experienced professionals to staff their teams.
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AI could unlock 10 margin points of growth for CFOs by 2029: Gartner
“To capture the margin upside, CFOs need to align AI and technology investments to business outcomes,” Gartner’s Mike Helsel said.
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Former Waste Management CFO to women: Don’t wait for perfect
The importance of extending grace is one of the lessons Devina Rankin shared as she reflected on a decades-long career at the Houston-based company.
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Consumer confidence unexpectedly inches up as view of jobs brightens
The improved outlook among consumers toward the labor market bolsters the argument among Federal Reserve officials opposing a cut to the main interest rate.
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GM raises guidance on $500M tariff refund expectation
It’s unclear when the projected refund might be received, GM CFO Paul Jacobson said.
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CFOs lean on AI, ‘synthetic audiences’ to decode consumer behavior
Companies like Albertsons are using AI to interpret shopping patterns and increase basket sizes in real time.
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Hasbro expects March cyberattack to impact second-quarter revenue
The toymaker is reviewing files and working to fully bring certain systems back online. The company will incur some costs related to the investigation.
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Opinion
Why AI poses a unique ROI challenge for accounting firms
AI is exposing the limits of ROI frameworks rooted in billable-hour models, writes Thomson Reuters accounting expert Elizabeth Beastrom.
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Bob’s Discount Furniture CFO stresses need for pricing elasticity
Providing an “emotional price point” attracts consumers as they confront a world roiled by “perma-crisis,” Bob’s Discount Furniture CFO Carl Lukach said.
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Nike cuts 1,400 roles as it reshapes technology team
The athletic apparel brand’s layoffs follow a pattern of tech job losses in 2026, as companies assess talent needs amid AI deployment strategies.