Thu.Jan 19, 2023

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Big Tech braces for dismal profits, more layoffs

CFO News

Big US technology firms are expected to announce layoffs cut costs through the next few months, reversing pandemic-era excesses

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FASB mulls two new software accounting options

CFO Dive

The project to improve software accounting standards is a long time coming. At least one element of the current standards has remained largely unchanged since 1985.

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ERP Software for Warehouses

Navigator SAP

Between workers and inventory, a warehouse has a lot of moving parts, and to run a smooth operation and ensure quality control in manufacturing , there must be a system in place that keeps all processes and information within departments transparent, up-to-date, and integrated.

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nCino cuts 7% of workforce, CFO departs

CFO Dive

nCino and Microsoft are the latest tech firms to announce layoffs. The sector has been hit by declining sales for PCs and software, plummeting valuations and high inflation.

Valuation 260
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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Back to Earth or Temporary Setback? Revisiting the FANGAM Stocks

CFO News Room

It has been a rocky year so far, in 2022, with worries about inflation competing with hopes about recovery for the market’s attention. In the midst of all the action, to no one’s surprise, have been six stocks (Facebook, Amazon, Netflix, Google, Apple and Microsoft or FANGAM) that have largely driven US equities for the last decade, roiling the market with their most recent earnings reports.

Valuation 130

More Trending

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Norwegian Cruise Line, Allstate, Roblox and more

CFO News Room

A Norwegian Gateway cruise ship leaves from the Manhattan port during sunset in New York City, United States on April 10, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Check out the companies making the biggest moves midday: Norwegian Cruise Line — Shares sunk more than 6% after the cruise ship operator reported in a filing with the Securities and Exchange Commission that it will report a net loss for the fourth quarter and full year of 2022, as well as the first quarter of 2023. related i

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Billtrust plots growth in B2B

CFO Dive

Although many companies are pulling back spending amid the murkier economic climate, new CEO Sunil Rajasekar said the B2B payments firm is not.

B2B 130
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Is Robinhood Safe? – Good Financial Cents®

CFO News Room

As Robinhood has become increasingly popular among investors and traders, the question of whether or not it is a safe platform for trading has come under scrutiny. Many people have asked, “Is Robinhood really safe?” With its easy-to-use interface and commission free trades, Robinhood has become one of the most popular stock trading apps in recent years.

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Future Proof 2023

Barry Ritholtz

Last year, we hosted the first Future Proof conference , and it was. The reviews were fabulous: Morningstar , L.A. Times , Investment News , Financial Planning , RIA Biz , Think Advisor , Business Insider ; Afterward, I told you the traditional financial conference was kaput. Attendees from all over the country (and the world!) came to discuss the most important issues surrounding advising clients.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Budget 2023: Perfect Time for GST Amnesty Scheme and Appellate Tribunal

CFO News

The key expectation from this budget is the expeditious introduction of an Amnesty scheme to settle all procedural GST disputes since its inception in 2017. This will aid not only in augmenting already buoyant month-on-month GST revenues but also reduce the administrative burden of GST officers in undertaking lengthy enquiries or assessments.

Budgeting 105
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What Great Sponsors Do Differently

CFO News Room

Companies across a range of industries as well as professional-services firms have been betting on sponsorship initiatives to improve the career advancement of their diverse hires. Unlike mentors who offer moral support or coaching, sponsors spend their own political capital to advance more junior sponsees, through advocacy and other tactical moves.

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10 years under EMIR and it may change again…

Simply Treasury

EMIR, reminder EMIR stands for “European Market Infrastructure Regulation” and has been passed on December 19th, 2012 and enacted on March 15th, 2013. The European Market Infrastructure Regulation is an EU regulation aimed at reducing systemic counterparty and operational risk and thereby prevent future financial system collapses. Its focus is regulation of over the counter (OTC) derivatives, central counterparties, and trade repositories.

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What is Superplännen and how can organizations achieve it?

Jedox Finance

Find out how to tap into the power of a great plan in an interview with Kevin Alansky, Jedox Chief Marketing Officer. Kevin Alansky, CMO at Jedox Kevin Alansky, Chief Marketing Officer at Jedox, shares how to create a culture of decisiveness in an enterprise through powerful planning, emphasizing the importance of integrated business planning (IBP), collaboration, and critical software capabilities.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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Unpopular policy choices on the way to greater good – can the budget bite the bullet?

CFO News

India has made ambitious commitments at the COP and its implementation calls for concrete plans and actions. The budget this year has the unique opportunity to set India on a path of moving from consciousness to leadership. Enlisted are some of the key policy juggernauts which need consideration as the pace on G20 discussions and governmental priorities on ESG advance.

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The Future of Financial Leadership: Aligning Operational and Strategic CFOs

The Finance Weekly

The CFO role traditionally has two high-level leadership archetypes: strategic and operational. Though both have many of the same responsibilities, each type carries different expertise. An operational CFO optimizes performance by combining data from various departments with financial data. A strategic CFO focuses on creating long-term plans to achieve the company's goals.

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Moody's affirms positive ratings on four PSBs including SBI

CFO News

Rating firm Moody's Investors Service on Friday affirmed positive ratings on four Indian public sector banks including State Bank of India, Bank of Baroda, Canara Bank and Punjab National Bank. It maintained a stable outlook on all four banks' long-term ratings. ​​Credit conditions in India have gradually improved, with a significant reduction in the banks' stock of legacy problem loans over the past three years, the firm said in a statement.

Banking 95
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New 10-year TIPS auctions with a real yield of 1.22%, to apparently high demand

Tips Watch

By David Enna, Tipswatch.com After a week of declining yields in the Treasury market, a new 10-year TIPS auctioned Thursday with a real yield to maturity of 1.22%, a bit lower than looked likely just before the auction’s close.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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Adani Enterprises now plans to enter water segment

CFO News

Addressing media from Milan, group chief financial officer Jugeshinder Singh said the company has fixed the price band for the Rs 20,000-crore issue in the range of Rs 3,112-3,276 per share.

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Business optimism falls but remains above historic average

Future CFO

While global business optimism falls, the recession that businesses expect to hit this year might last only shortly, said Grant Thornton recently when releasing its International Business Report. Faced with high levels of economic uncertainty, business optimism among mid-market businesses has fallen a further five percentage points to 59% (down from 64% in the first half of 2021), according to the report, But the good news is that business optimism remains above the historic average, indicating

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Mukesh Ambani is No.1 among Indians, 2nd globally on Brand Guardianship Index 2023

CFO News

The Brand Guardianship Index celebrates the CEOs, who balance the needs of commercial success, long-term brand building and personal reputation management. According to Brand Finance, the role of a brand guardian is to build brand and business value. It is a global recognition of the CEOs, who forge win-win partnerships to build a sustainable future, redefining the role of a CEO from an ultracompetitive entrepreneur to a collaborative diplomat.

Finance 59
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Welcome Scott Glaser

Focus CFO

We are pleased to announce that Scott Glaser has joined FocusCFO as a CFO, serving small and medium-sized businesses in Columbus and surrounding areas.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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Retailers have big plans in store this year

CFO News

Experts said leasing in 2023 could outpace even the 2019-level when retailers cumulatively took up a record 6.8 million sq ft of new space.

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EBITDA vs. net income: a comprehensive tutorial

Cube Software

EBITDA gets thrown around a lot.

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India may find it hard to maintain current growth momentum in direct taxes next year

CFO News

Finance Minister Nirmala Sitharaman will present the Union Budget on Feb 1, that will include projections for next year's tax collection. Currently, net direct tax collection are growing at 19.5% year on year.

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5 Ways Entrepreneurs Can Grow Their Small Business

Financial Analyst Insider

Many entrepreneurs start businesses with the expectation that they can quickly begin to produce money, only to learn that doing so is much more complex The post 5 Ways Entrepreneurs Can Grow Their Small Business appeared first on Financial Analyst Insider.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.