Thu.Jun 23, 2022

article thumbnail

FASB preps to revamp 'outdated' accounting for software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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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.

Budgeting 259
article thumbnail

The New Competitive Edge-Real-Time Accounting

https://trustedcfosolutions.com/feed/

We have all heard the expression “Time is Money,” which has never been more true for businesses than now. The ability to make quick decisions and be agile in the market these days is critical. Can you get real-time data from your accounting system? Is that data accurate and up to the minute? If you are still getting your data from spreadsheets, it’s time to move to cloud computing.

article thumbnail

Planning Your Restaurants 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.

article thumbnail

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 144

More Trending

article thumbnail

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.

article thumbnail

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.

article thumbnail

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
article thumbnail

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.

article thumbnail

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

article thumbnail

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.

article thumbnail

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.

IFRS 52
article thumbnail

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.

article thumbnail

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
article thumbnail

Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

article thumbnail

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.

article thumbnail

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.

CFO 52