Mon.Aug 22, 2022

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The accounting profession is making bold moves to increase diversity

CFO Dive

The CAQ surveyed nearly 4,000 students and found that Black and Hispanic business majors who have considered accounting degrees perceive several barriers to entering the profession. Leaders in the field are taking action and investing in change.

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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • How to Beat the Stock Market Without Even Lying : Stock funds have been pulling a switcheroo to make their returns look better: When they don’t measure up, they change how they measure. ( Wall Street Journal ). • Remote Work Is Sticking : About a third of all service work and just under 10% of manufacturing work in the region was being done remotely—a huge jump from 8% and 3%, respectively, before the pandemic. ( Liberty Street Economics ) see also Pizz

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Trending Sources

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Fed unlikely to avoid recession: economists

CFO Dive

Almost 50% of economists believe a downturn will begin by the first quarter of 2023, the National Association for Business Economics found in a survey.

Economics 246
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Cyclical Bear Within a Secular Bull

Barry Ritholtz

Barry Ritholtz, Ritholtz Wealth Management Chairman and CIO & “Masters in Business” Bloomberg Radio & Podcast Host, says he looks at the sell-off in the first half of 2022 as a “cyclical bear within a longer secular bull.” Cyclical Bear Within a Secular Bull: Ritholtz. Source: Bloomberg , August 19th, 2022. The post Cyclical Bear Within a Secular Bull appeared first on The Big Picture.

Marketing 122
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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

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

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Survey says: How companies are responding to the possibility of a recession

CFO Dive

With concerns high over a recession, companies are examining changes in how they view investment strategies, technology, and staffing.

More Trending

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Walmart CFO eyes payments opportunities

CFO Dive

With PayPal’s former CFO on board, the retail behemoth is assessing its prospects in the payments arena near and far.

CFO 130
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Client Cash Management: Why It’s Important, And The Next Generation Of Technology To Make It Better

Nerd's Eye View

Cash tends to exist at the forefront of individuals' day-to-day lives for many reasons: as a stable savings vehicle for near-term goals, a safety net for unforeseen emergency expenses, and, of course, to pay for daily living expenses, just to name a few. And this nearness to daily life means that cash - and how it is used - is also often at the forefront of individuals' minds.

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FASB calls for comments on tax credit change

CFO Dive

The move marks another step toward simplifying accounting rules related to Renewable Energy Tax Credits and several other credit programs.

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How Banks Can Prepare for Open Banking Success

FISPAN

How banks can embrace open banking technology and get ahead of their competitors by using APIs, investing in embedded banking, and understanding their customer journey.

Banking 98
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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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Credit Suisse appoints new CFO in executive shuffle

CFO Dive

Credit Suisse has named a former Deutsche Bank exec as its new CFO as part of a series of executive changes at the top.

CFO 130
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How to Choose the Right Banking Relationship

CFO Simplified

By this time, you are well on the road to executing your strategic plan for this year. Odds are you spent significant time putting together your goals and aspirations for yourself and your business at the end of the previous year. This strategic plan includes evaluating your client relationships: Do they fit into your business model? Are they time-consuming?

Banking 98
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Navigating uncertainty in cash flow forecasting

CFO Dive

Learn how to navigate the current volatility in cash flow forecasting by thinking long-term and strategic.

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Client Cash Management: Why It’s Important, And The Next Generation Of Technology To Make It Better

Nerd's Eye View

Cash tends to exist at the forefront of individuals' day-to-day lives for many reasons: as a stable savings vehicle for near-term goals, a safety net for unforeseen emergency expenses, and, of course, to pay for daily living expenses, just to name a few. And this nearness to daily life means that cash - and how it is used - is also often at the forefront of individuals' minds.

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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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See us LIVE in NYC next month at the Best New Ideas in Money Festival!

The Reformed Broker

Michael and I will be appearing at MarketWatch’s Best New Ideas in Money Festival in mid-September. We’re taping a live episode of our podcast, The Compound and Friends, and the audience gets to hang out and be a part of it. Duncan, John and Nicole will be there too. If you’re a fan and want to be in the room, below is how you can make it happen!

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People moves: Shangri-La Asia, IREIT Global

Future CFO

Shangri-La Asia announced recently its appointment of Chua Chee Wui as its CFO with effect from 31 August. Chua, 55, is taking on the CFO position in addition to his role as chief investment officer with the hotel group. His appointment follows the resignation of his predecessor Cindy Chow Sing Man. Chow will stay with the company through 31 December.

CFO 52
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#215 – Adding Value through Treasury Technology at UPS

Strategic Treasurer

Episode 215. Adding Value through Treasury Technology at UPS. Having a treasury function is necessary for any business of a certain size to manage money and financial risks, but it’s also important to turn that treasury function into a strategic asset for the business. Doing this requires accurate data and expertise. In this podcast, Craig Jeffery talks with Nicolas Garcia of UPS on a strategic view of treasury and technology.

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Will new IRS funding increase small business audits?

CFO Share

The recently passed Inflation Reduction Act includes $80B in new IRS funding over the next ten years, earmarked for increased tax enforcement, technology investments, customer service and other hiring. What does this mean for small businesses? Should we expect more audits and fines? Recent lows at the IRS. From 2012 to 2019 the IRS budget was reduced 14%, effectively halting investment in new technology and reducing headcount.

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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.