CFO News Room

FEBRUARY 6, 2022

The majority of the national debt is issued in the form of government bonds, known as Treasuries. National Debt vs. Budget Deficits. Before addressing how the national debt impacts people, it is important to understand the difference between the federal government’s annual budget deficit , and the country’s national debt.

Treasury 130

Treasury Budgeting Economics Transportation 130

Future CFO

JULY 17, 2023

Faced with ongoing market volatility, the enterprise C-suite is leaning on its treasury teams like never before to protect company assets and to (ideally) also capitalise on competitive opportunities emerging from an unstable macroeconomic climate. This article discusses some of the key takeaways from that report.

Treasury 98

Treasury Forecasting Cash Management Concentration 98

CFO News Room

FEBRUARY 5, 2022

National Debt vs. Budget Deficit. First, it’s important to understand what the difference is between the federal government’s annual budget deficit (also known as the fiscal deficit ) and the outstanding federal debt, known in official accounting terminology as the national public debt. Forms of Government Borrowing.

Budgeting 130

Budgeting Treasury Healthcare Securities 130

Simply Treasury

JUNE 3, 2021

Every year, EACT launches a treasury survey to identify top priorities for Corporates. Treasury top priorities. The 2021 EACT survey, as it has become a tradition, attempts early this year to determine what the treasury trends and priorities for multinational companies will be in the next 12 to 24 months.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

APRIL 29, 2020

Businesses that borrow money through the federal Paycheck Protection Program (PPP) can expect to be audited before the loans are forgiven, Treasury Secretary Steven Mnuchin told The Wall Street Journal. Typically, the Treasury depends on lenders to audit the small business loans it backs. While the SBA saw its budget grow with $2.8

Auditing 141

Auditing Treasury Budgeting Economics 141

PYMNTS

SEPTEMBER 29, 2017

When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help. But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance.

Treasury 56

Treasury Banking Compliance Risk Management 56

PYMNTS

MARCH 6, 2020

We have deep dives into treasury application programming interfaces (APIs) and buy now, pay later (BNPL), as well as a report on Robinhood ’s trading app outage that occurred earlier this week. HSBC on the Next Phase of Treasury APIs (B2B API Tracker). Trackers and Reports. In a feature story, Diane S.

Treasury 52

Treasury Auditing eCommerce Cash Management 52

Barry Ritholtz

OCTOBER 23, 2023

As the Peterson Institute noted: In June, the Congressional Budget Office (CBO) projected that annual net interest costs would total $663 billion in 2023 and almost double over the upcoming decade, soaring from $745 billion in 2024 to $1.4 Note that this is not hindsight bias , but rather discussions we had repeatedly here in the mid-2010s.

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Treasury Economics Budgeting Finance 131

CFO News Room

JANUARY 23, 2023

Treasury Secretary Janet Yellen announced last week that the federal government had reached the statutory debt limit and that her department had begun “extraordinary measures” to meet required spending obligations. The entire danger posed by the debt limit is that damaging spending cuts might be caused by an absurd political institution.

Economics 130

Economics Treasury Budgeting Securities 130

FISPAN

FEBRUARY 23, 2022

In her role today, Dana establishes and implements all financial policies and functions across the company, specializing in revenue projection, expense budgeting, treasury management, payroll, full-cycle AR and AP supervision, and more.

Treasury 98

Treasury Budgeting Economics Accounting 98

Nerd's Eye View

FEBRUARY 23, 2024

Which suggests that instead of trying to go head-to-head with these larger firms (and their heftier marketing budgets) in attracting clients, smaller firms might instead demonstrate how they are 'different' by offering a unique service offering tailored to their ideal target clients.

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Concentration Treasury Budgeting Leverage 77

CFO News Room

FEBRUARY 6, 2022

Domestic yields have risen more than 15 basis points in the past few days, driven largely by a sharp rise in Brent crude oil prices in the international market and an uptick in US Treasury yields on the expectation that Fed will hike rates more aggressively than expected.

Benchmarking 130

Benchmarking Treasury Securities Budgeting 130

Centage

MARCH 7, 2023

At Centage, we’re committed to equipping finance teams to meet this challenge by providing automated, cloud FP&A software solutions that make it easy to perform the detailed, bottom-up budgeting and sophisticated scenario analysis needed to spot risks and opportunities early. So how are CFOs shifting their goals for 2023?

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Investments Budgeting Forecasting 98

CFO News Room

FEBRUARY 3, 2022

Because of budget rules, some of the 2017 tax cuts will start expiring in 2023. Treasury Secretary. Real wages for the lowest 10% of Americans grew by 8% compared with a 5% rise for the top 10% of earners. The wealth of Americans in the bottom 50% grew three times as fast as the wealth of the richest 1%. Janet Yellen.

Economics 130

Economics Budgeting Treasury Investments 130

Simply Treasury

NOVEMBER 2, 2020

After a period of crisis that preceded a Sino-American trade war, there are fears of a budget war. François Masquelier – Simply TREASURY The Yen and especially the Swiss Franc have benefited from the weakness of the greenback. The fight will be fierce, especially as American elections are looming in the autumn.

Currencies 130

Currencies Economics Treasury Budgeting 130

Fpanda Club

MARCH 28, 2021

This article describes the FP&A maturity assessment model focused on major tasks of the function (strategic planning and budgeting, forecasting, analytics, management reporting, performance management and decision support) and built around 3 key areas – processes, tools/systems and people.

Budgeting 130

Budgeting Forecasting General Ledger Finance 130

Bramasol

APRIL 28, 2022

Gartner defines FP&A as " a set of four activities that support an organization's financial health: 1) planning and budgeting, 2) integrated financial planning, 3) management and performance reporting, and 4) forecasting and modeling.". Basically it involves a shift in thinking from a historical to a forward-looking perspective.

Financial Planning and Analysis (FP&A) 86

Financial Planning and Analysis (FP&A) SAP Planning Forecasting 86

PYMNTS

DECEMBER 10, 2020

Prior to COVID-19 , she said the treasury had focused on lean operations, with little time allowed for deep dives to investigate other things. Today, treasuries have taken on a new priority. Castelhano believes that ML gives treasuries “the headroom they need to be more strategic.”. Build It, Buy It Or Partner? “At

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Treasury Leverage Construction Banking 103

PYMNTS

JUNE 16, 2020

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat. ” A memo included with the subcommittee’s documents also pointed to the U.S.

Treasury 90

Treasury Securities Currencies Education 90

PWC UK

JUNE 14, 2021

In the UK, a range of generous tax incentives have been introduced in the 2021 Spring Budget to help drive innovation and stimulate investment. We understand this could include finance and treasury systems and associated interfaces. What treasury related expenditure will qualify? by Thomas Knudsen Senior Manager.

Treasury 52

Treasury Budgeting Investments Technology 52

The Finance Weekly

JANUARY 22, 2024

Collaborate with other executives and department heads on budget creation and management. Certified Treasury Professional (CTP) This certification highlights expertise in treasury management, showcasing proficiency in cash processing, reconciliation, and financial statement analysis. Prepare quarterly and annual tax filings.

CFO 52

CFO Education Communication Leadership 52

Strategic Treasurer

FEBRUARY 27, 2023

It is far more urgent in times of rapid change and high volatility that treasury groups monitor this activity more closely and secure competitive rates quickly. Tracking ECR to make good investment/budget decisions. How has ECR been changing generally and with the rates paid to banks? How delayed ECR movements or shifts are, if at all?

Banking 52

Banking Treasury Education Budgeting 52

PYMNTS

NOVEMBER 30, 2020

He also officially named Janet Yellen , former head of the Federal Reserve, as treasury secretary. Also, Neera Tanden , CEO of the Center for American Progress, was appointed as head of the Office of Management and Budget. President-elect Joe Biden rounded out his economics team on Monday (Nov. auto industry. auto industry.

Economics 56

Economics Treasury Budgeting Investments 56

PYMNTS

SEPTEMBER 19, 2019

To that end, said Ron Chakravarti, Treasury Advisory Group head at Citi, the role of the treasury management team in optimizing cash on a day-to-day basis is changing as real-time operations (and payments) increasingly command attention. By and large, we are not yet in a ‘world of real-time treasury’,” Chakravarti said.

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Treasury Cash Management Foreign Exchange Budgeting 46

PYMNTS

NOVEMBER 5, 2018

TreasuryXpress has announced a partnership with Hedgebook , a global provider of Cloud financial risk and derivative management software, to enable underserved mid-market treasury organizations with complex cash and risk management requirements.

Marketing 51

Marketing Treasury Foreign Exchange Risk Management 51

CFO News Room

FEBRUARY 4, 2022

That matters, because rising rates will increase the debt service (interest payments the US government must pay on the outstanding Treasury securities). The second is that the Congressional Budget Office projected two years ago that the $30T debt number wouldn’t be hit until 2025.

Economics 130

Economics Benchmarking Treasury Budgeting 130

PYMNTS

MAY 3, 2020

Total PPP funding for the hotel industry accounts for less than 3 percent of the PPP fund’s initial budget of $350 billion and roughly 1.5 percent of the fund’s total budget today,” Ashford Hospitality Trust said in a statement. The hospitality group was the biggest recipient of PPP loans and had originally said it deserved the money.

Budgeting 67

Budgeting Treasury Compliance Accounting 67

Future CFO

OCTOBER 18, 2020

In its recent budget announcement, Australia outlined Covid-19 business recovery initiatives including asset write-offs, loss carrybacks and hiring credits. Among many business support measures, China has rolled out targeted tax incentives including cutting VAT, consumption tax, corporate and individual income taxes.

Compliance 52

Compliance Finance Treasury Budgeting 52

PYMNTS

NOVEMBER 4, 2019

The Chancellor and Prime Minister agreed not to take forward the budget on [Nov. It is usual practice for the finance bill to follow a budget,” Bloomberg quoted a spokesman for Her Majesty’s Treasury. If the budget does not progress through lawmakers’ chambers, the finance bill will not either.

Budgeting 40

Budgeting Treasury Profit and Loss Finance 40

CFO Leadership

JANUARY 25, 2024

The US Treasury yield rate’s descent below 4% has spurred active pursuit of distressed office market opportunities by value-add funds. Vacancy rates are ascending, and rental rates are on a downward trajectory. This strategic move aligns with the prevailing trend of heightened flexibility in real estate decision-making.

Marketing 52

Marketing Budgeting Restructuring Construction 52

PYMNTS

APRIL 26, 2020

Treasury Secretary Steve Mnuchin remains in good spirits over the U.S.’s In saying all of this, Mnuchin seemed to downplay the predictions of the Congressional Budget Office and Goldman Sachs , who forecast a global impact much more serious than that of the 2008 Great Recession. In addition, some state officials like New York Gov.

Treasury 60

Treasury Budgeting Economics Forecasting 60

VCFO

MAY 14, 2022

Elbert is a senior finance professional with nearly three decades of experience in financial reporting and analysis, banking and credit relationships, treasury-cash management, profit improvement, budgeting and forecasting, and e-commerce across multiple industries.

CFO 52

CFO Treasury Leadership Cash Management 52

The Finance Weekly

APRIL 25, 2022

That puts the onus on the CFO to manage treasury risks and closely monitor the company’s international contracts. Treasury sanctions across the globe. More real-time data should be accessed from more internal and , external systems , which will likely necessitate updating budgets and forecasts on a regular basis.

Finance 107

Finance Forecasting Treasury Concentration 107

PYMNTS

APRIL 29, 2020

Any small business getting an emergency coronavirus loan from the Small Business Administration (SBA) greater than $2 million will be subject to an audit, Treasury Secretary Steven Mnuchin said. The bank doesn’t have a lot of incentive” to investigate, Richard Prisinzano, a budget expert at the University of Pennsylvania, told the WSJ.

Auditing 61

Auditing Treasury Budgeting Banking 61

PYMNTS

JUNE 11, 2020

We want to be careful at this point, seeing how much money is in the economy,” Treasury Secretary Steven Mnuchin told the Senate Small Business and Entrepreneurship Committee on Wednesday (June 10). “A CNBC obtained a breakdown provided to lawmakers by the Office of Management and Budget. A lot of the money is still not in it.”.

Economics 53

Economics Treasury Construction Education 53

PYMNTS

MARCH 5, 2020

Bailey, who is currently chief executive at the Financial Conduct Authority (FCA), told MPs on the Treasury committee that the coronavirus is “going to be the first most pressing issue that we face.”. British Finance Minister Rishi Sunak is anticipated to announce a budget statement on March 11.

Treasury 52

Treasury B2B Invoicing Budgeting 52

CFO Leadership

JANUARY 5, 2024

The US Treasury yield rate’s descent below 4% has spurred active pursuit of distressed office market opportunities by value-add funds. Vacancy rates are ascending, and rental rates are on a downward trajectory. This strategic move aligns with the prevailing trend of heightened flexibility in real estate decision-making.

Marketing 52

Marketing Leadership Budgeting Restructuring 52