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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Literally

The Reformed Broker

Sharing this chart from Guggenheim showing that the S&P 500’s bear market bounce literally stopped on a dime and was turned away at the 200-day moving average. It’s almost too perfect. We manage our tactical portfolio based on technically-oriented rules not because it always works (it doesn’t!) but because it eliminates feelings like fear or fear of missing out from the decision-making process.

Marketing 117
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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 242
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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

Auditing 115
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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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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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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 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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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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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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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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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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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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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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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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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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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