Sat.Apr 06, 2024 - Fri.Apr 12, 2024

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What Recession? State Coincident Indicators

Barry Ritholtz

Between book leave and COVID I have been pretty quiet lately. Since it’s been a few months, I thought we could take a quick look at the Federal Reserve Bank of Philadelphia’s State Coincident Indicators out for both January and February 2024.1 As the charts above show, the economy on a state-by-state basis has markedly improved from Q4 2023’s softening.

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How finance professionals can climb their way to becoming a CFO

CFO News

Aspiring finance professionals must develop a distinctive vision for the CFO position, cultivate mentorship and sponsorship, bolster skills in critical areas, lead initiatives that create value, and engage with executive leadership and the board.

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Early Warning Signs of Financial Trouble in Your Business

CFO Share

Whether you’re a proactive leader scanning the horizon for potential problems or a concerned entrepreneur afraid you’re already in the midst of a downturn, you need to know the early warning signs of financial trouble. Identifying these signals could be the difference between successfully navigating rough waters and going down in a shipwreck. If you can keep your cool and understand why businesses fail financially , you will be able to spot these 8 early warning signs of financial trouble in yo

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Hiring will likely grow even as economy slows in Q2, Q3: Conference Board

CFO Dive

Employment will likely remain strong as the supply and demand for labor gradually come into better balance, economists said.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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A Short History of Stocks

Barry Ritholtz

Confused about where we are today? A favorite exercise is to go back to first principles to consider how we got to where we are. (That is a favorite way to find fresh insights). On the equity side, you have to go back a century or so. Equities were considered speculative endeavors, best suited for gamblers and punters. The exceptions? A handful of “Widows & Orphan” stocks, like Ma Bell, some railroads, utilities and the rare bank that was not suffering regular runs.

More Trending

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Financial Risk Management: Small Business Advice from a CFO

CFO Share

Fractional CFOs view the world through two lenses: risk and reward. Business owners focus mainly on reward (profit), which is easy to measure, while tragically few entrepreneurs look back on a month with low profits and say, “well, at least we managed our risks properly.” Despite the general preference to focus on profits, financial risk management is crucial to long-term success.

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Cyberattacks pose biggest business threat, small companies say

CFO Dive

Small businesses in professional services are more concerned about cyber risk than those in manufacturing or other services, the U.S. Chamber of Commerce said.

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Vikram Solar Appoints Narayan Lodha as Chief Financial Officer

CFO News

Vikram Solar appoints Narayan Lodha as Chief Financial Officer, effective April 8, 2024. With over 20 years of financial expertise, he will drive financial strategy and support the company's expansion in renewable energy.

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Optimizing Manufacturing Operations with ERP-Driven Data Analytics

Navigator SAP

Industry 4.0, which is the use of data analytics, digital technologies, and the Internet of Things (IoT), has been called the fourth industrial revolution. Central to this revolution are connected devices and the wide availability of cloud-based enterprise resource planning solutions (ERP) that help businesses overcome ERP adoption challenges that limited digitization and the use of full-featured ERP technology previously.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Next week’s 5-year TIPS auction has solid appeal

Tips Watch

By David Enna, Tipswatch.com Note: I am posting this auction preview early because my I Bond buying guide will be going up Sunday morning. Keep in mind that real yields are currently highly volatile and will change by Thursday’s auction.

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PCAOB levies record $25M fine on KPMG Netherlands for exam cheating

CFO Dive

The $25 million penalty is the largest fine of any type imposed by the auditor watchdog since it was created in 2002 following the Enron accounting scandal.

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Record GST collection reflects India's economic strength and mature GST ecosystem: ICAI President

CFO News

ICAI President, Ranjeet Kumar Agarwal, praises record GST collection surpassing Rs 20 lakh crore for FY 2023-24, highlighting better compliance and economic growth.

Economics 102
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Automation: The Core of Efficient Inventory Management

Navigator SAP

As accurate and efficient as employees can be in the inventory department, machines are better at it. Manufacturers already know that robotic process automation improves manufacturing quality and performance, and the same technique can be applied to a manufacturer’s inventory department through inventory process automation and the backend systems that enable it.

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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In The Long Run, Stocks Outperform Bonds… Or Do They?

Nerd's Eye View

Financial advicers are intimately familiar with the phrase, "Past results are not indicative of future performance." Every document that considers the facts around any particular asset class will invariably include that disclaimer, but constructing a portfolio consisting of a mix of equities, fixed income, and other assets requires investors and advicers to make some fundamental assumptions around long-term expected returns and correlations between assets. 3 common assumptions that have driven a

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Companies fall short on curbing cybersecurity risks from vendors: Moody’s

CFO Dive

Cyberrisks are mounting, with artificial intelligence likely to increase the threat of attack in the short to medium term, Moody’s said.

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March inflation sets I Bond’s new variable rate at 2.96%

Tips Watch

Inflation again rose higher than expected in March, probably putting Fed rate cuts on hold. By David Enna, Tipswatch.com Non-seasonally adjusted inflation rose 0.

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What are the basics of an efficient inventory?

Navigator SAP

We are breaking down our 'Inventory Management for Manufacturing' guide into digestible sections. You can get the full inventory management guide here.

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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Big Four set for another wave of partner poachings

CFO News

Recruitments come at a time when the Big Four firms are strengthening service lines, scaling up advisory practices and filling replacement hiring.

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Interim CFO requests skyrocket 46%: BTG

CFO Dive

Companies are turning to interim financial leadership more frequently as they struggle to fill widening gaps in their accounting and finance functions.

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Weekend Reading For Financial Planners (April 13-14)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study has found that many small- and mid-sized advisory firms that use "supported independence" platforms for their technology and back-office needs, have the potential to see greater growth in the years ahead given the efficiencies gained (and potential cost savings compared to creating a tech stack and hiring their own staff 'a la carte'), and give aspiring firm

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When to Invest in Inventory Automation

Navigator SAP

While inventory automation improves efficiency, it also comes with costs in terms of new systems, equipment, and process management. So when is the right time to automate inventory management?

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Accounting Software and ERP Readiness Guide

In this white paper, we explore the factors to consider in deciding whether the time is right for your Company to consider a new ERP or accounting software, the total cost of ownership and plans necessary to make the potential leap to these systems.

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Central & state GST officials to conduct joint audits of firms

CFO News

As per industry estimates, there are about 11,000 such cases of dual investigation by both the central and state authorities or under litigation. Several central GST zonal heads have sent an internal communique to officials, asking them to invite state officials to join their ongoing audits for better coordination, said officials.

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Scribd promotes CFO to CEO following expansion push

CFO Dive

Scribd is tapping its former CFO for the role after moving to streamline its offerings, including breaking its document and book content into two distinct platforms.

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Strategically Assessing Platforms for Successful M&A Growth

E78 Partners

When companies grow rapidly via organic and inorganic M&A, there can be a severe strain on the people, process, and technology infrastructure to support the growing enterprise. But when will you know you have overextended your organization’s ability to manage this growth? During these periods of concentrated growth, organizations must assess their company’s “platform infrastructure” to identify scalability gaps that could negatively impact critical business processes, customer relationships,

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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • The Real Crisis in Humanities Isn’t Happening at College Our problem is in the real world—not the ivory tower—and so is the solution. ( The Honest-Broker ) • Transparent Vice: How Vice’s execs burned down its newsroom : Once promised to become the brash young voice of news, it became a den of wild expenses, shady deals, and greed turned it into ‘a f **g clown show.’ ( The Verge ) • The Future of Am

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.