CFO Dive

DECEMBER 5, 2022

As CFOs move from efficiency to value creation, where does the balance lie between investment in technology and investment in people?

Technology 266

Technology Investments 266

CFO News Room

DECEMBER 5, 2022

Executive Summary. Welcome to the December 2022 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month’s edition kicks off with the news that Savvy Wealth has raised an $11M Series A round to compete in the new category of ‘tech-enabled RIA’ – where the firm will use the bulk of its capital to develop its own in-house f

Planning 130

Planning Technology Valuation Communication 130

CFO Dive

DECEMBER 5, 2022

Tax and accounting firms are becoming more comfortable tapping technology as a driver of success as they seek to grow revenue and profit and improve employee effectiveness for 2023.

Accounting Firms 286

Accounting Firms Accounting Technology 286

CFO News Room

DECEMBER 5, 2022

The Institute for Supply Management’s composite services index increased to 56.5 percent in November, rising 2.1 points from 54.4 percent in the prior month. The index remains above the neutral 50 threshold and suggests the 30 th consecutive month of expansion for the services sector (see top of first chart). The November results are about in line with the average of 56.1 over the last seven months. .

Economics 130

Economics Manufacturing Investments Marketing 130

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

Accounting Firms

CFO Dive

DECEMBER 5, 2022

High inflation will persist next year but slow as employers trim growth in payrolls, forecasters told NABE in a survey.

Forecasting 269

Forecasting 269

CFO Dive

DECEMBER 5, 2022

While some companies are splurging, the share of businesses surveyed that have holiday parties teed up is hovering near a pre-pandemic low.

Budgeting 258

Budgeting 258

CFO News Room

DECEMBER 5, 2022

Making consolidation, controlling and reporting more efficient. Escape the Excel trap and the associated with it errors and lack of transparency! Get to know the simplest and most easy-to-use solution for consolidation and reporting. In our interactive webinar, we demonstrate how you can use LucaNet to make your financial processes secure and efficient within the shortest possible time.

Securities 130

Securities Finance Accounting Planning 130

CFO Dive

DECEMBER 5, 2022

Kevin Gotthard pivots to the convenience store space after a little over a decade at luxury retail brands Neiman Marcus and Ralph Lauren.

CFO 258

CFO Retail 258

Barry Ritholtz

DECEMBER 5, 2022

I was working on a longer piece about which economic strata the Fed has the greatest impact on (its more complicated than you might think) when Invictus DM’d me this amazing FRED chart. We looked at this idea earlier this year , but it’s worth revisiting. Using data from the Federal Reserve, FRED analyzed 5 categories: Top 0.1%, the rest of the top 1%, the rest of the top 10%, the rest of the top 50%, and the bottom half.

Economics 124

Economics Accounting Data Analysis 124

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Accounting

The Reformed Broker

DECEMBER 5, 2022

I’m traveling this week (Houston here I come!) so I dug this one out of the archives because it’s one of the things I believe in even more now than when I wrote it a year ago. This post came out in October of 2021 at the height of NFT mania. I never really understood it. Collecting I get. Collecting things that can be infinitely copied and that you can’t hold in your hand?

Finance 111

Finance 111

Barry Ritholtz

DECEMBER 5, 2022

My back-to-work morning train WFH reads: • Wall Street’s 2023 Outlook for Stocks : There’s hundreds of pages of research and analysis that come with these strategists’ forecast. The general themes: Most Wall Street firms expect the U.S. economy to go into recession some time in 2023. Many believe forecasts for 2023 earnings have more room to get cut, and some believe those downward revisions mean lots of volatility for stocks in the early part of 2023. ( TKer ). • Burden of proof is on the

Forecasting 111

Forecasting Investments Marketing Finance 111

CFO News Room

DECEMBER 5, 2022

Everyone knows plaintiff attorneys are ravenous, but this is ridiculous. The class-action lawyers at Sheehan & Associates in New York and the Wright Law Office in Florida are arguing that Kraft Heinz Co. should pay millions because its microwavable pasta takes too long to prepare. This macaroni misadventure began when plaintiff Amanda Ramirez bought a pack of single-serving Velveeta shells and cheese at a Publix in Hialeah, Fla., this fall.

100

100

CFO News

DECEMBER 5, 2022

A slow pick-up in private capex during the next financial year is likely on the back of the government’s production-linked incentive schemes, which if successful, can provide a much-needed boost to manufacturing, he says.

Manufacturing 98

Manufacturing 98

Advertiser: Paycor

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CFO News Room

DECEMBER 5, 2022

Major advertising forecasting firms say global advertising growth in 2023 will be slower than previously predicted. . Media owners’ ad revenue will grow 4.8% to $833 billion next year, according to a new forecast from Magna, a media investment firm that is part of. Interpublic Group of. Cos.’ Mediabrands. Magna predicted in June that 2023 would produce a 6.3% increase.

Advertising 100

Advertising Forecasting Entertainment Marketing 100

The Reformed Broker

DECEMBER 5, 2022

Next Friday, December 16th, we will be doing a live taping of The Compound and Friends at the Nasdaq Marketsite in Times Square for an intimate audience of fans and friends. And we’re bringing our pals from the On The Tape podcast along with us – that’s Dan Nathan, Guy Adami and Danny Moses. My whole podcast crew will be there t00 – Michael Batnick, Duncan, Nicole and John.

98

98

CFO News Room

DECEMBER 5, 2022

Whether you want to change jobs or prepare for the next-level role, the most important thing to know about upskilling is that every employee needs to be doing it all the time. Jobs are changing as business demands change, and employees are expected to prove their value with increasingly higher expectations. There are plenty of ways to educate yourself and upskill without going back for a traditional undergraduate or graduate degree.

Leadership 100

Leadership Education Problem Solving Nonprofit 100

CFO News

DECEMBER 5, 2022

Mundra’s departure from PTC India follows the resignation of the three independent directors of subsidiary PFS in less than 15 days.

98

98

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.

Accounting

Future CFO

DECEMBER 5, 2022

While it is common to find a chief finance officer (CFO) helming a large or multinational organisation, the costs associated with having one in-house can be a hurdle for smaller organisations. According to payscale , the average base salary of a CFO in Hong Kong is HK$1,351,820 per year. A CFO in Hong Kong can gross as much as HK$2 million when you include bonuses and profit sharing.

CFO 98

CFO Profit and Loss Cash Flow Forecasting Leadership 98

CFO News

DECEMBER 5, 2022

Manufacturing constraints across certain geographies and the government’s Make-in-India initiative have helped make the country a top destination for the company, said Steven Long, corporate vice president, and general manager of Asia Pacific and Japan, Intel Corporation.

Manufacturing 98

Manufacturing 98

Nerd's Eye View

DECEMBER 5, 2022

Welcome to the December 2022 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news that Savvy Wealth has raised an $11M Series A round to compete in the new category of ‘tech-enabled RIA’ – where the firm will use the bulk of its capital to develop its own in-house fu

Technology 96

Technology Numbers Planning Marketing 96

CFO News

DECEMBER 5, 2022

According to the Directorate of Income Tax (Systems) notice, the time limit of 30 days made available to the assessing officers has been reduced to 21 days.

96

96

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.

Finance

Corporate Finance Lab

DECEMBER 5, 2022

The new Civil Code now contains a general prohibition on unfair terms in contracts. Before that, the B2B and B2C legislation had already introduced a similar prohibition, but financial services had been (partially) exempted. Such exemption for financial services, however, does not appear in the new Civil Code. This leaves the question as to what extent contracts on financial services (international corporate lending in particular) are now caught by the general prohibition on unfair terms in the

B2B 89

B2B B2C Economics Finance 89

CFO News

DECEMBER 5, 2022

Bhanu Pratap Singh Verma also said that the MSME ministry is setting up various technology centres across the country to support and strengthen the existing and new MSMEs.

Technology 72

Technology 72

Collectiv

DECEMBER 5, 2022

Effective communication skills are important for success in any FP&A role. You’ll need to be able to take complex financial data and make it digestible for your clients and peers. Creating a kick-ass presentation is more than just tables and charts—you’ll also need to keep your audience engaged and make sure that key insights are shared effectively.

Communication 52

Communication Financial Data Finance Leadership 52

CFO News

DECEMBER 5, 2022

PwC believes in keeping the audit and advisory business under one roof as they need multiple competencies and capabilities at scale to deliver quality services, said Bob Moritz, the global chairman, PricewaterhouseCoopers International.

Auditing 59

Auditing 59

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.

Finance