Thu.Feb 16, 2023

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Nonprofit Budgeting Best Practices

The Charity CFO

Nonprofit budgeting best practices are often the difference between success and failure for the organization. Budgeting is a crucial element of understanding the financial health of your organization. Budgeting for nonprofits is very different from for profits, and a well-developed budgeting process can provide meaningful insight into the strength of your organization and your progress toward your mission.

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Paymentus hands interim CFO severance benefits

CFO Dive

The company called the severance benefits’ approval a formality. But one expert said it is likely a retention strategy designed to encourage the interim CFO to “stick around.

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Trending Sources

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Ralph Hess on Life Science Success - Podcast with Don Davis

Navigator SAP

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Airbus names new CFO after 5-month search

CFO Dive

The current CFO is set to depart in a few weeks, leaving a senior executive to fill in until the new finance chief arrives in the fall, the company said.

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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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WFH vs RTO

Barry Ritholtz

Do you want to continue working from home? Is it past time to return to the office? How much collaboration can you do remotely? How much screen time are you wasting in the office? This has become a contentious debate between senior management at large companies and their staffers; it is especially true for younger employees. As always, there are much broader factors driving this issue than what appears on the surface.

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More Trending

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January Job Stats: Mass Layoffs… and a Hiring Boom?

The Finance Weekly

Mass layoffs, especially in the tech industry, are all over the news. Inflation is still hovering around 40 year highs despite huge interest rate hikes. And according to most surveys and reports, companies have high levels of , recession fears. Based on the news, the economy should be in a serious downturn, but the opposite seems to be true. Employers keep hiring at a record pace and the U.S. , added 1.1 million jobs over the past 3 months alone!

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A one-way ticket to ServiceNow’s CFO seat

CFO Dive

From heartbreak to the financial helm, Gina Mastantuono has had her fair share of pivotal challenges on her way to the top.

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Six in 10 Indian companies express intention to hire more freshers: Survey

CFO News

According to the latest Career Outlook Report, the overall hiring intent for freshers to experienced professionals has marginally increased to 68% from 61% registered in July-December 2022 HY.

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CFOs aim to expand budgets for sales, supply chain

CFO Dive

CFOs are preparing to bump up spending in sales, corporate IT and supply chain, but are keeping a close watch on economic conditions before shelling out new funding.

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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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30-year TIPS auction gets a real yield of 1.55%, highest in nearly 12 years

Tips Watch

By David Enna, Tipswatch.com A new 30-year Treasury Inflation-Protected Security — CUSIP 912810TP3 — auctioned today with a real yield to maturity of 1.550%, the highest auctioned yield for this term since June 2011.

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10 Thursday AM Reads

Barry Ritholtz

My morning train WFH reads: • Five Clues This Isn’t Just a Bear Market Rally : The S&P 500 is up 17% from the October lows, the same magnitude as the 17% rally we saw last summer. Back then, stocks rolled back over and made new lows, something most strategists on tv are saying will happen again. Well, the facts are changing for us, and as Keynes told us in the quote above, we had better change our minds as well.

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Visa CFO Vasant Prabhu announced his retirement

CFO News

Prabhu to remain at Visa through September 2023 to ensure a successful transition.

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CFOs: Cost cutting isn’t the best way to deal with uncertainty

Future CFO

Cost cutting might be the first thing that comes to mind when there's economic uncertainty. Lee Thong Tan (pictured), CFO Practice Lead, Asia, Workday explained in an interview with FutureCFO why cost cutting is not an effective way to deal with that and what CFOs could do to combat existing challenges. Lee Thong Tan, CFO Practice Lead, Asia, Workday (Photo: Workday) Future CFO: How can risk management help organisations build business resilience and ride through economic uncertainty?

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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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Unleashing Animal Spirits

CFO News

Apart from easing business and launching incentive schemes for several manufacturing sectors, the government in the Union Budget has stepped up its own capital expenditure by a record 33 per cent to Rs 10 lakh crore for FY24, hoping that it will cascade and kickstart a virtuous

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Smart Tips For Protecting Your Rights When Starting A Business

Financial Analyst Insider

When you decide to start a new business, there are a lot of important things to think about. Naturally, you will be focusing on your The post Smart Tips For Protecting Your Rights When Starting A Business appeared first on Financial Analyst Insider.

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60 pc private insurers see rapid rise in fraud: Deloitte survey

CFO News

Insurance companies in India have experienced a rise in fraud instances in life and health insurance, and increased digitisation, remote working post pandemic and weakened controls are key factors contributing to frauds, according to Deloitte's Insurance Fraud Survey 2023.

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Webinar: Analyst Report Series: Supply Chain Finance & Cash Conversion Cycle | March16

Strategic Treasurer

Analyst Report Series Webinar Supply Chain Finance & Cash Conversion Cycle Register Now Date Thursday, March 16, 2023 Time 2:00 PM – 3:00 PM EST Where This is an online event Speakers Paul Galloway, Strategic Treasurer Craig Jeffery, Strategic Treasurer Hosted By 1.2 CTP and FP&A re-certification credits will be given for attendance to this live webinar.

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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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Co-working companies, tax experts ask government to simplify GST registration

CFO News

Despite benefits and flexibility offered by the coworking operators, an evident roadblock was the denial of GST registration when the ‘principal place of business’ was applied for at such shared spaces.

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Welcome Sherri Taylor

Focus CFO

We are pleased to announce that Sherri Taylor has joined FocusCFO as a recruiter.

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Budget took note of external factors: Finance Minister Nirmala Sitharaman

CFO News

"The priority is to keep the growth momentum as it is and also to make sure that the further support measures for sustaining growth.And be conscious of the fact that challenges which are extraneous to India. External challenges will have to be kept in mind. We should be ready for any unpredictable events from outside of our border," she said when asked what the priorities were when the budget was given a final shape.

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80: What Is the Debt Market?

Strategic Treasurer

Session 80 Coffee Break Session: What Is the Debt Market? What is the debt market? Coffee Break Session Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor Paul Galloway to chat about the debt market. They discuss who the players are, how issuers and investors monitor the debt markets, and the difference in perspectives. Listen in and learn a little bit about the debt market.

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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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Rs 7,017-crore Adani Power deal to acquire DB Power assets falls through

CFO News

Earlier in August 2022, Adani Power had informed the bourses that it has agreed to acquire DB Power Ltd (DB Power), which owns and operates a running 2x600 MW thermal power plant at district Janjgir Champa in Chhattisgarh.

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The Best FP&A Tools - Guaranteed to Speed Up Planning, Forecasting & Analysis

Lime Light

Understanding the Best FP&A Tools and Their Benefits Managing your business’s finances through excel is manageable – at first. But at a certain inflection point, this becomes untenable; a few excel sheets becomes a few dozen or even hundred , draining hours of your time. The best FP&A tools can put an end to this wasteful cycle – and better yet, they can help your organization leverage key insight that otherwise may not be attainable with excel.

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Renewable companies missing project deadlines to be blacklisted

CFO News

"If any renewable energy project is not completed by the prescribed date of completion, then its bank guarantee should be encashed and the developer blacklisted after asking to show cause," the order issued by the new and renewable energy ministry said.

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ReNew in talks with lenders for Rs 4,000-cr debt raise

CFO News

In January 2022, India Clean Energy Holdings, an affiliate of RPPL, raised a $400 million senior secured bond at 4.5 per cent. ReNew's bonds are currently rated Ba3 by Moody's.

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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.