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China’s economic growth: IMF raises GDP forecast 

Future CFO

China’s economic growth is estimated to hit 5.4% The fund raised its forecast for China’s economic growth after the country’s better-than-expected Q3 growth and Beijing’s move to approve a 1 trillion yuan (US$137 billion) sovereign bond issue and allow local governments to frontload part of their 2024 bond quotas.

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Training Module: CS Lucas Cash Forecasting (SEA) – Register here

CS Lucas

In current uncertain economic times, cash flow forecasting is becoming an ever more important tool for companies. Restructuring your treasury functions to changes swiftly requires modernization, flexibility and preparation.

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The CFO's Role in Preparing for Upcoming Economic Storms

Focus CFO

Businesses that have an embedded in-house Chief Financial Officer understand the pivotal role the CFO plays in proactively preparing the business for, and guiding it through, economic and market storms. While we are now mostly through that storm, new economic storm clouds are on the horizon. But that relief will be temporary.

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How a CFO Adds Value: Cash Flow Forecasting

Beacon CFO Plus

If you are weighing the benefits of outsourcing CFO services, consider this: Accurate cash flow forecasting can make or break your business. Cash flow forecasting involves estimating cash flow in and out during a predetermined period of time. The post How a CFO Adds Value: Cash Flow Forecasting appeared first on BeaconCFO Plus.

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Netflix, Lululemon, DocuSign and more

CFO News Room

The firm’s analyst cited falling demand amid weaker economic conditions. after giving an upbeat revenue forecast and reporting better-than-expected quarterly results after the bell Thursday. These debtholders are joining together amid reports earlier this week that the company is looking to restructure its debt, the paper said.

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Where Can FP&A Career Path Take You?

Fpanda Club

FP&A analyst, in turn, is a promising yet developing profession that can be interesting to graduates with finance, statistics, economics or business degrees as well as to finance professionals from adjacent disciplines. Planning, budgeting and forecasting are linked together forming financial planning processes.

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Five-year refinancing needs drop to lowest level since 2017

Future CFO

The forecast corporate default rate reflects slowing global economic growth, an uneven rebound of China's economy, and continued tight monetary policy and high interest rates globally, the firm noted. “We In Asia Pacific, HY nonfinancial default rate for 2023 is 4.9%, in line with the 10-year average, Moody’s pointed out.