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.

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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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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.

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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.

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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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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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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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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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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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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.

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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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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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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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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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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.

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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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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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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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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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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.

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Modernize Your Finance Reporting with the Best FP&A Software in 2023

Lime Light

Understanding the Qualities of the Best FP&A Software The best FP&A software is designed to reduce inefficiencies in your financial reporting and provide more comprehensive insights, saving time and money. Many are able to find hundreds of thousands in uncovered costs when using th e top FP&A software, en abling them to control these costs, eliminate redundancies, identify sources of waste, etc.

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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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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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78: What Are Common Stocks?

Strategic Treasurer

Session 76 Coffee Break Session: What Are Common Stocks? Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor Paul Galloway to discuss common stock. They discuss why companies issue common stock, second offerings, and treasury stock and talk about how it’s used. Listen in and learn a little bit about common stock. Host: Jason Campbell, Strategic Treasurer Speaker: Paul Galloway, Strategic Treasurer Explore All Episodes Treasury Tech Analyst Report Researching new treasury and

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Budget 2023 on a strong footing

CFO News

Higher growth of 15.4 per cent in nominal GDP for fiscal 2023 will help the government meet its target of a 6.4 per cent fiscal deficit. If the absolute number does not change, then the ratio could be closer to 6 per cent this year. The higher base of Rs 273 lakh crore of nominal GDP also provides room to have a larger fiscal deficit in rupee terms.

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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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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.