Auditors could face less heat with Trump in the White House

If history repeats, PCAOB enforcement activity will decline during the President’s second term.

By David McCann • March 5, 2025

CPA requirements by state

A resource to help finance leaders track the state-by-state changes to CPA requirements.

By Adam Zaki • Updated Jan. 16, 2026

71% of audit committees are now discussing cybersecurity quarterly

Over three in 10 audit committee members also said cybersecurity skills among board members would increase their effectiveness, according to a new Deloitte survey. 

By Adam Zaki • Feb. 12, 2025

FEMA CFO Mary Comans fired for defying Trump and funding migrant hotels

A $59 million payment sent to New York City was the cause of her dismissal, along with three others, according to the Department of Homeland Security.

By Adam Zaki • Feb. 11, 2025

China imposes tariffs on the U.S. as Canada and Mexico back down

China appears ready to take on the U.S. in a trade war, while Canada and Mexico came to agreements with the U.S. before tariffs took effect.

By Adam Zaki • Feb. 4, 2025

Why Hindenburg Research calls Carvana’s accounting methods ‘a grift’

A recent short-seller report suggests Carvana is using unethical accounting, lax underwriting, biased auditors and questionable partnerships with third parties to inflate performance.

By Adam Zaki • Jan. 14, 2025

Jamie Dimon on regulations, tariffs and corporate growth: Trial Balance

In an interview with CBS News, JPMorgan’s CEO gave his perspective on the future of the United States and what business leaders need to do to help the country grow.

By Lauren Muskett , Adam Zaki • Jan. 13, 2025

Collaborate or stagnate: 6 CFO trends for 2025

Throughout the year, finance leaders will navigate both their companies’ specific challenges and the changing dynamics of the CFO role by increasing finance’s impact across the organization.

By Adam Zaki • Jan. 9, 2025

SEC obtains record $8.2B in remedies in 2024

More than half of the money is tied to the Terraform and Do Kwon cryptocurrency fraud case, most of which will likely never be recovered.

By Adam Zaki • Nov. 27, 2024

As bitcoin surges, SEC’s Gensler and Lizárraga announce departure plans

The Securities and Exchange Commission’s chair, and a commissioner, have both announced their departure plans for the upcoming year.

By Adam Zaki • Nov. 22, 2024

Pentagon fails 7th audit in a row, but CFO says progress is being made

The Defense Department said it's still unable to track its nearly trillion-dollar budget but remains on track to pass an audit by 2028.

By Adam Zaki • Nov. 19, 2024

Discover discloses SEC accounting criticism

The federal agency disagrees with the way the card network is allocating card misclassification charges, Discover said in its third-quarter earnings report.

By Patrick Cooley • Oct. 17, 2024

Regulators hitting auditors hard in 2024

Both the number of enforcement actions and monetary sanctions surged in the first half of this year.

By David McCann • Aug. 26, 2024

Reducing T&E policy violations: 3 steps

Violations of travel and expense (T&E) policies are a drain on company funds.

Aug. 5, 2024

Former CFO of Chicago’s Loretto Hospital charged with $15M wire fraud

Over three years, payments were wired to companies with generic medical supply names that were entirely fictitious. 

By Adam Zaki • July 16, 2024

Congress pushes for US payments system expansion; could benefit companies’ working capital

A bipartisan group is nudging the Federal Reserve to explain why it can’t speed up a plan to extend the operational availability of the U.S. payments system.

By Lynne Marek • Updated July 12, 2024

SCOTUS overturns Chevron deference: What CFOs should know

The overturn shifts the power of statute interpretation from unelected federal government agencies whose leaders are appointed by the President of the United States to the elected representatives of law and Congress.

By Adam Zaki • July 2, 2024

SCOTUS overturns Chevron doctrine, limiting federal agency reach

Federal courts will no longer have to defer to agency regulations for interpretation of ambiguous statutes.

By Ryan Golden , Ginger Christ • Updated June 28, 2024

Detroit Riverfront Conservancy’s former CFO William Smith and the missing $40M

Smith pleaded guilty to wire fraud and money laundering following an FBI investigation, with offenses dating back more than a decade.

By Andy Burt , Adam Zaki • Updated April 24, 2025

Detroit Riverfront Conservancy’s former CFO charged with bank, wire fraud

A complete failure of financial controls resulted in the former CFO’s 11-year defrauding of the Detroit nonprofit.

By Andy Burt • June 20, 2024

SEC fines Synchronoss’ former CFO Karen Rosenberger $125K due to accounting misconduct

Six other Syncrhonoss employees also received various civil penalties, while the former CEO had to reimburse the company $1.3 million in stock sale profits and bonuses.

By Andy Burt • June 18, 2024

Chemours names Shane Hostetter as new CFO following executives’ code of ethics violations

Hostetter takes over as finance chief as the company looks to move on from code of ethics violations by its CEO, CFO and principal accounting officer stemming from Q4 of last year.

By Andy Burt • June 7, 2024

Detroit Riverfront Conservancy CFO fired over $40M missing from nonprofit

Despite the conservancy’s record revenue in 2022, mainly derived from grant money and donations, an apparent cash shortfall triggered an independent forensic audit, which was later handed off to the FBI. 

By Andy Burt • June 4, 2024

Employers should include workers in AI plans, DOL says

The agency outlined a list of eight “AI Principles for Developers and Employers” on Thursday, following up on a 2023 directive from the White House.

By Ryan Golden • May 16, 2024

Detroit CFO on leave pending financial wrongdoing criminal investigation; case referred to FBI

Detroit Riverfront Conservancy chair Matt Cullen announced that the criminal investigation, originally taken up by the Michigan State Police, would be turned over to the FBI due to the “nature and complexity” of the case. 

By Andy Burt • Updated May 21, 2024