Thu.Jun 23, 2022

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Predictable spend can flip view of legal as cost center

CFO Dive

Every CFO's in-house legal team has matters with well-defined outlays. The department should aim to realize those easy wins to show control is within reach, a budget specialist says.

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Bad Luck Investing

Corporate Finance

Hopefully you realize that the best time to invest is when stock prices are low and the worst time is when prices are high. But patience is a virtue and can have rewards. A recent article introduces Betty Badluck, who just happened to invest at the stock market tops during the past 35 years. So what happened to Betty? As you will see, while the returns were not fantastic, over time, the stock market has historically rebounded and she still has three times her investment in real terms.

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FASB preps to revamp 'outdated' accounting for software

CFO Dive

FASB’s latest move comes as the typically slow-moving U.S. standard-setter has been on something of a tear lately, grappling with hot-button issues including cryptocurrency and goodwill.

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The Fed Isn’t Bluffing: The Real Threat of an Upside-Down Depression

CFA Institute

Paul Volcker restored the Fed's credibility through suffering. The Fed's leadership knows that it must pursue a similar course today.

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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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Successful AI deployment relies on finding key talent: Gartner

CFO Dive

CFOs should implement four key behaviors to drive AI in finance out of its infancy and see quicker returns, according to Gartner.

Finance 141

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CFO vs Controller – What’s the Difference?

CFO Simplified

Some small business owners have CFOs working for them. The owner is likely proud that they have prepared their company for the next great leap forward through their strategic staffing decision. It’s not unusual in a small company for the accounting manager to become the controller and then become the CFO. But without the requisite education, mindset, and experience, just having more years on the job doesn’t prepare the person for that role.

CFO 96
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How To Optimize Operations In Times Of Uncertainty

VCFO

Using Competitive Insights to Optimize Operations in Times of Uncertainty. The country is experiencing economic uncertainty. Whether you believe a recession is imminent or overblown media hype, the potential only makes the importance of tightening up operations more important. It’s never a bad time to reassess and implement improvements. Optimizing operations now will put you in the best shape to get through whatever winds up happening on the recession front.

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Disconnected finance and operations teams can expose businesses to new risks

Future CFO

Disconnected finance and operations teams can damage growth and competitive advantage, said KPMG recently when releasing results of a global survey of 1,300 business leaders. Survey highlights. Just 38% of senior executives within the two functions are “very satisfied” with the alignment of objectives and key performance indicators (KPIs) across the two teams.

Finance 52
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Bad Luck Investing

Essentials of Corporate Finance

Hopefully you realize that the best time to invest is when stock prices are low and the worst time is when prices are high. But patience is a virtue and can have rewards. A recent article introduces Betty Badluck, who just happened to invest at the stock market tops during the past 35 years. So what happened to Betty? As you will see, while the returns were not fantastic, over time, the stock market has historically rebounded and she still has three times her investment in real terms.

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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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4 Reasons Why You Need a Pension Plan and Life Insurance

Financial Analyst Insider

As the classic quote goes, life is like a box of chocolates. You never know what the next day will bring you or how your. The post 4 Reasons Why You Need a Pension Plan and Life Insurance appeared first on Financial Analyst Insider.

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It’s crunch time for CFOs when it comes to ESG reporting

CFO Talks

Growing pressure from investors and consumers to protect the environment, create inclusive societies and uphold good governance is changing how companies do business and report results. . While a business’ value was traditionally calculated (and reported) purely in rands and cents, investors now expect greater visibility on nonfinancial factors, notably: environment, social and governance.

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Pitching VCs? Here's the deck we used to raise $30M with Battery Ventures

Cube Software

We recently announced a $30 million Series B funding round led by Battery Ventures. Our existing investors Mayfield Fund , Bonfire Ventures , and Operator Collective participated in the round, along with new investor GTMfund. This financing and their votes of confidence underscore our thesis: Now more than ever, companies must strategically plan, assess performance, then plan, and plan again.

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How to build a good finance team and why it’s important

CFO Talks

With automation and AI affecting every aspect of business, the role of a CFO’s team is changing. Here are three suggestions for how to future-proof your CFO team. . Automation software is increasingly doing basic accounting, so financial teams need to do more. CFOs especially are increasingly involved in strategic business decisions. To do this, they must surround themselves with a versatile, innovative and adaptable finance team.

Finance 52
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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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Even amid crashes, CFOs need to keep crypto on their radars

CFO Talks

You may be reading this blog as cryptocurrencies are rapidly losing value. It’s as likely that you’re reading this as crypto is surging in value. Either way, CFOs should base their long-term thinking on the underlying value of the technology for these three reasons. 1. There are use cases for blockchain beyond speculation. “The value of blockchain technology should not be conflated with the speculative prices of tokens and coins,” according to research firm Gartner.

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Why the CFO designation Stands Out

CFO Talks

CFOs are incredibly powerful. The World Bank estimates that global GDP sits at around $85 trillion. A significant part of that comes from large corporations and state-owned entities. At the head of the financial affairs of these companies sits a single person in the form of a CFO. This alone is an illustration of the critical role the CFO plays in the global economy and society.

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