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Collection: wsj.com
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CFO JOURNAL
Audit Watchdog Proposes Framework to Help Implement New Trading Ban

Audit Watchdog Proposes Framework to Help Implement New Trading Ban

Mark Maurer

The U.S. audit watchdog has proposed a new framework that would help it implement a new law that bans foreign companies from the country’s exchanges if their audits haven’t been inspected by American regulators.

Yelp Ramps Up Spending on Ad Products to Boost Revenue

Yelp Ramps Up Spending on Ad Products to Boost Revenue

Mark Maurer

Yelp is expanding its advertising tools to help plumbers, movers and other service providers connect with customers online as the business-listings company looks to grow after a pandemic downturn.

Daimler CFO Works to Separate Accounts, Debts and People Ahead of Truck Unit Spinoff

Daimler CFO Works to Separate Accounts, Debts and People Ahead of Truck Unit Spinoff

Nina Trentmann

The planned transaction is supposed to help boost the car maker’s share price and market capitalization.

Animal-Health Company Zoetis Promotes CFO to Expanded Role

Animal-Health Company Zoetis Promotes CFO to Expanded Role

Nina Trentmann and Dave Sebastian

Glenn David will manage businesses that generate a significant portion of the company’s revenue.

Wrangler Jeans Maker Lifts Outlook as Pandemic Recovery Boosts Demand

Wrangler Jeans Maker Lifts Outlook as Pandemic Recovery Boosts Demand

Kristin Broughton

Kontoor Brands, the owner of Lee and Wrangler jeans, raised its earnings guidance ahead of an investor day later this month, where the company plans to provide new details about its growth strategy.

Banks Releasing Loan Reserves Face Tricky Accounting Estimates as Economy Improves

Banks Releasing Loan Reserves Face Tricky Accounting Estimates as Economy Improves

Mark Maurer

Banks and other financial institutions are working to release large loan reserves under an accounting rule that complicates the task of calculating them.

Accounting Rules for Energy Tax Credits Divide Utilities, Solar Producers

Accounting Rules for Energy Tax Credits Divide Utilities, Solar Producers

Kristin Broughton

Some utilities are at odds with the solar industry over an accounting method that’s used for certain renewable-energy investments.

PayPal Wants More Customers to Pay Using Crypto Assets

PayPal Wants More Customers to Pay Using Crypto Assets

Nina Trentmann

PayPal is looking to expand its lucrative business of enabling customers to pay merchants with crypto assets, but the digital payments company doesn’t yet plan to invest in these assets, Chief Financial Officer John Rainey said.

GoDaddy Taps Big Four Partner for CFO Job

GoDaddy Taps Big Four Partner for CFO Job

Mark Maurer

GoDaddy recruited a partner of a Big Four accounting firm as its new chief financial officer. PwC’s Mark McCaffrey will join the web-hosting company on June 2.

Puma Promotes Insider to CFO as Company Projects Growth

Puma Promotes Insider to CFO as Company Projects Growth

Nina Trentmann

The German sportswear maker said Wednesday Hubert Hinterseher would take over from current CFO Michael Lämmermann on June 1. Mr. Lämmermann plans to retire after 28 years with the company, including the past eight years as finance chief, but will stay on as an adviser until the end of the year, Puma said.

Ripple Names New CFO as Cryptocurrency Firm Faces SEC Lawsuit

Ripple Names New CFO as Cryptocurrency Firm Faces SEC Lawsuit

Kristin Broughton

The cryptocurrency startup has named Kristina Campbell as chief financial officer.

Latest News

Amazon Adding 75,000 Workers

Amazon.com is hiring 75,000 workers and offering $1,000 signing bonuses in some locations, the latest hiring spree in what has been a year of tremendous growth.63

U.S. Jobless Claims Fall to Another Pandemic Low

Jobless claims continued a steady decline last week, dropping to 473,000, in a sign hiring is primed to strengthen as workers return to the labor market.

Follow @CFOJournal

Sign Up for CFO Newsletters & Alerts

Banks Plan to Issue Credit Cards to People With No Credit Scores

Empty Lots, Angry Customers: Chip Crisis Throws Wrench Into Car Business

Colonial Pipeline Said to Pay Hackers Ransom

Apple Executive Exits After Employee Complaints Over Sexist Writings

FAA Approves Boeing 737 MAX Electrical Fixes

David Cameron’s Payday Preceded Greensill Capital’s Collapse

Hear.com, Zenvia Postpone IPOs Because of Choppy Stock Market

Libor Replacement Race Heats Up

Elon Musk Says Tesla Suspends Accepting Bitcoin for Vehicle Purchases

Facebook-Backed Digital Currency Revamps to Address U.S. Concerns

Judge Says Revlon Lenders Can Access Citi’s Mistaken Loan Payment

Volvo Cars to Explore Possible IPO

Lessons from the CFO

More Companies Buy Back Shares, Pay Dividends a Year Into Pandemic

Companies Say They Are Better Prepared to Host Virtual Annual Meetings This Year

Tax Bills May Go Up for Big Companies. It Will Be Hard to Tell How Much.

Earnings

Disney Adds Fewer Streaming Subscribers Than Hoped

SoftBank Enters Tech Big Leagues With $46 Billion Profit

Marriott Points to Rising Demand Amid Vaccine Rollout

CFO Moves

HanesBrands Names New CFO as Pandemic, E-Commerce Weigh on Its Business

Luxury Retailer Tapestry Names VF Executive as CFO

Vans Parent VF Promotes Company Veteran as CFO

CONTENT FROM OUR SPONSOR

DeloitteCFO Insights and Analysis from Deloitte
  • Master Data to Sharpen a Competitive Edge

    CFOs may find themselves needing to adapt advanced data management capabilities to meet a competitive challenge or achieve a strategic objective. New tools powered by technology such as machine learning can help companies extract valuable insights from the mountains of data they collect without needing to make outsize upfront investments.

  • On the Radar: Consolidating With Foreign Currencies

    When consolidating financial statements involving the accounts of foreign entities involving non-dollar currencies, companies must follow the “functional-currency approach” as detailed in FASB’s ASC 830. Consider the standard 4-step approach, a common misperception, and special considerations for highly inflationary economies and intra-day transactions.

  • For Business Model Stress, 3 Ways to Restructure

    The conventional, narrow view of business restructuring misses an opportunity for more companies to improve their performance. A broader approach can help companies deploy levers and tools to apply across a range of circumstances and reposition their business models for an evolving business environment.

  • Tax Planning to Drive M&A Transaction Value

    In the face of the Biden administration's new tax proposals, tax planning is becoming an even more critical element in M&A transactions for buyers and sellers. Valuation gaps have increasingly become an issue with many transactions in the year since the start of the pandemic, with the use of earnouts becoming an important consideration.

  • Finance and Digital Pair Up at SoftBank Vision Funds

    SoftBank Investment Advisers CFO Navneet Govil discusses how he went from startup mode to running a 50-person finance organization in two years while building FinSight, a proprietary and customized system designed to support the firm’s employees, portfolio companies, investors, and other stakeholders.

  • CVS Health Paves Path to Better Care With Data, AI

    AI and data analytics offer unique challenges for the highly regulated health care industry. In this Q&A, Bob Darin, chief data officer at CVS Health/Aetna and chief analytics officer at CVS Pharmacy, discusses how the company is meeting these challenges and using analytics and AI across its many brands and services to provide consumers and patients with a one-stop health care experience.

Please note: The Wall Street Journal News Department was not involved in the creation of the content above.

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