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Investment firm H Partners said in a securities filing on Monday that Harley-Davidson CEO Jochen Zeitz had recommended the company's CFO Jonathan Root as a potential successor after his retirement. H Partners, which holds a 9.1% stake in the company, has launched a campaign to replace three directors, including Zeitz. Previously, three unnamed CEO candidates, including one supported by H Partners, failed to gain majority support from independent directors. Harley-Davidson's annual shareholder meeting is scheduled for May 14.

Environmental organization EDF points out that the FASB's proposed accounting standard on environmental credits and credit obligations (Topic 818) provides industry-specific guidance, but certain provisions may harm the environmental credit market. EDF recommends treating non-refundable advance payments as intangible assets rather than expensing them immediately, and allowing generating companies to adopt an inventory accounting model. Other commenters, such as Ford, General Motors, and the Environmental Accountability Center, have also raised their respective concerns.

With expected rebound in deal activity in 2025, contingent consideration arrangements in private equity acquisitions are becoming increasingly common. Based on insights from Crowe experts, this article outlines key points for distinguishing contingent consideration from post-transaction compensation under ASC 805, including eight indicators and grouping scenarios, to help finance teams account correctly after transactions.

Fraud prevention experts warn that the rapidly changing tariff policies of the Trump administration could trigger global supply chain disruptions, thereby increasing the risk of supplier fraud. Companies rushing to onboard new suppliers to avoid tariff impacts may overlook payment security, providing opportunities for fraudsters. A Trustpair report shows that in 2024, nearly 90% of U.S. companies experienced cyber fraud, with the proportion of supplier fraud rising to nearly 70%.

Sol de Janeiro announced in a press release on Friday the appointment of former Colgate-Palmolive executive Elaine Paik as CFO and former Nielsen executive Laurie Lovett as Chief People and Impact Officer. Both executives will report directly to CEO and founder Heela Yang. The company stated that with these appointments, women now hold 71% of its C-suite positions, marking a new phase for the brand after reaching the $1 billion milestone.

According to Deloitte's 4Q24 CFO Signals survey, 59% of finance executives are optimistic about their companies' financial prospects for 2025, but uncertainties such as geopolitics, high interest rates, and inflation persist. Steve Gallucci believes that CFOs need to place enterprise risk management (ERM) at the top of their agenda—42% of respondents already consider it their number one priority for 2025. The article emphasizes that by integrating risk considerations, cultivating digital talent, and broadening the risk perspective, financial leaders can build resilience and uncover growth opportunities amid turbulence.

Texas Senate Bill 262 (SB 262), which has passed both chambers of the state legislature, will allow CPA candidates to qualify for licensure by completing a bachelor's degree in accounting, two years of work experience, and passing the exam, without needing 150 college credits. The bill has been sent to Governor Greg Abbott for signature and is expected to take effect on September 1, 2025.

The University of Michigan's April survey shows that the U.S. consumer expectations index has plummeted 32% within the year, the worst since the 1990 recession; the one-year inflation expectation has risen to 6.5%, a new high since 1981. Tariff policies have sparked widespread concern, with consumers pessimistic about employment and income prospects, and economists warn that supply chain disruptions and inflation risks could lead to an economic downturn.

Deloitte announced it will not release its Q1 2025 CFO Signals report, citing significant economic changes following the late-February survey that could make results inaccurate in reflecting current CFO sentiment. Previous Q4 data showed 72% of CFOs expected economic improvement, but Trump administration tariff policies have upended optimistic expectations.