Thu.Dec 08, 2022

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US could skirt recession, former Fed economist says

CFO Dive

Inflation and economic uncertainty top business leaders’ worries, but easing supply chain pressures and a strong labor market could help the U.S. avoid a recession.

Economics 269
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2:00PM Water Cooler 12/8/2022 | naked capitalism

CFO News Room

Bird Song of the Day. Cretzschmar’s Bunting, Gaziantep, Türkiye. Cretzschmar with a “C.” These guys have no logic at all. * * *. * * *. Contact information for plants : Readers, feel free to contact me at lambert [UNDERSCORE] strether [DOT] corrente [AT] yahoo [DOT] com, to (a) find out how to send me a check if you are allergic to PayPal and (b) to find out how to send me images of plants.

Economics 130
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Tyson Foods backs CFO after reviewing arrest

CFO Dive

The meat processing giant’s pick of John R. Tyson — the great grandson of the company’s founder — has drawn skepticism from some board governance experts.

CFO 246
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Gasoline is cheaper now than a year ago — and could fall below $3

CFO News Room

A Sheetz customer gets gasoline at a gas station in Plains, Pennsylvania, U.S. October 19, 2022. . Aimee Dilger | Reuters. Gasoline prices are now cheaper across the U.S. than they were a year ago, and the price per gallon could fall below $3 for most Americans by the end of the year. According to AAA, the national average for a gallon of unleaded gasoline was $3.329 on Thursday, below the $3.343 a year ago, before Russia’s invasion of Ukraine.

Banking 130
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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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PCAOB warns of uptick in auditing flaws

CFO Dive

To avert flaws in reports, CFOs should keep auditors apprised of any big changes or new business risks and invest in internal controls.

Auditing 244

More Trending

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Behind the snark, counsel for laid-off Twitter staff promises Musk a rough ride

CFO Dive

A clause saying ex-employees aren’t third-party beneficiaries of the merger agreement won’t hold up if challenged in court, attorney Akiva Cohen says.

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Join me Friday on the annual YCharts year-end webinar

The Reformed Broker

Each Christmas season I do a webinar with my friends at YCharts where we take a look back at the most important charts of the year and discuss which of these trends will remain important going forward. It’s always a lot of fun and registration is free. This takes place tomorrow (Friday) December 9th at 12 noon ET (11am CT). This is a presentation for wealth management and asset management professionals, you can reg.

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More Stores Do Double Duty as Distribution Centers for Online Orders

CFO News Room

More retailers are packing up goods in stores for delivering e-commerce orders as they look to speed up shipments, streamline inventory and make more use of their bricks-and-mortar sites. . Beauty goods retailer. Ulta Beauty Inc., department store chain. Macy’s Inc. and apparel seller. Tilly’s Inc. are among those expanding their store fulfillment, joining merchants such as.

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Merry and Bright: A look at 2022 holiday merchandising

CFO Dive

’Tis the season to evoke cheer while attempting to drive up sales.

Sales 130
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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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What Doesn’t Matter

Barry Ritholtz

One of the reasons people in the investment community respect Howard Marks so much is he says what he believes and lets the chips fall where they may. His observations are always insightful, and over the years have becomeopular, but what really set him apart were his big contrarian observations, such as the Amazon dot Bomb in 1999. I did not get to his recent What Really Matters?

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PodChat for FutureCFO: Finance as a strategic enabler through analytics

Future CFO

Digital transformation has elevated the role of the finance function from financial steward to enabled. The extended COVID-19 pandemic has upped the ante in the race to finance agility. An EY study reveals that up to 70% of financial controllers and CFOs in Singapore found an increase in demand for financial analysis and forecasts as stakeholders are increasingly interested in including non-financial data for corporate reporting.

Finance 98
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10 Thursday AM Reads

Barry Ritholtz

My morning train WFH reads: • The Cult of the Retail Trader Has Fizzled : The GameStop and AMC manias are long gone, with individual investor returns falling 40% this year and digital currency prices tumbling. ( Businessweek ). • FTX’s Bahamas Headquarters Was the First Clue : Bankman-Fried is just the latest in a long string of notorious characters who moved their business to the island nation, from the pirate Blackbeard to organized crime figures and assorted “financial wizards.” ( Bloomberg )

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84% business leaders across Indian Inc optimistic about growth in 2023: Benori Knowledge survey

CFO News

Leaders from India Inc. say that despite the impending global recession, they intend to scale their digital transformation budgets in the upcoming year, with 42% of leaders highlighting integration of emerging technologies as one of the major themes for 2023.

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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

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Every Day Is Tax Day: Five Tax Strategies for HNW Clients

CFA Institute

Our clients' taxes and the tax-savings strategies we can devise for them should be on our minds year-round.

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India unveils $30 billion plan to upgrade grid for clean power

CFO News

The project will connect solar plants in the sun-drenched deserts of Rajasthan and Gujarat and wind farms in Tamil Nadu to the national network, power ministry said in a statement. It will help boost India’s inter-regional transmission capacity from 112 gigawatts to 150 gigawatts by the end of the decade.

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199: Lili Grobler

CFO Talks

1X. Leading strategy at Stiles. Welcome to the CFO Club Africa podcast, where we interview leading CFOs from Africa and beyond. CFO Club Africa is a division of the Chartered Institute of Business Accountants, the professional body for business accountants, financial managers and chief financial officers. Go to www.cfoclub.co.za and join our community of accounting and finance executives.

CFO 52
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PTC auditors issue disclaimer opinion on H1 FY23 results as 4 IDs quit citing governance concerns

CFO News

The auditors pointed to the concerns raised by the four independent directors who quit the board behind the reason for issuing a disclaimer opinion.

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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.

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Pay raise in the Philippines to hit pre-pandemic levels in 2023

Future CFO

Pay raise in the Philippines next year is expected to be similar to that in 2019, said Mercer recently. Employees in the Philippines can look forward to a median 5.5% increase in their salaries next year, up from 5.3% this year, according to Mercer’s annual Total Remuneration Survey (TRS) 2022 based on a survey of 447 organisations across 11 industries in the country between April and June this year.

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Arjuna and Indian inflation

CFO News

A small rate hike in February may be accompanied by a neutral stance before the central bank settles into a big pause.

Banking 98
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Three areas of lifelong learning CFOs should be working on

CFO Talks

Successful CFOs are always learning something new. Our network of CFOs share insights on the relevant areas where CFOs should consider upgrading their skills. . CFOs are always learning on the job. “It is important that we are constantly developing as CFOs because the world is ever-changing, and our role is ever-changing,” Oyinda Akanbi , CFO at Synlab Nigeria, told CFOTalks. .

CFO 52
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Inflationary pressure on FMCGs set to ease, says ITC Chairman Sanjiv Puri

CFO News

There is a "phenomenal" amount of inflation now, hence FMCG volume growth in rural areas is "muted" and the bulk of the growth is inflation led, ITC Chairman & Managing Director Sanjiv Puri said on Thursday at an event organised by industry body CII. "As far as consumption is concerned, the main stress point is inflation induced because prices of lots of products have gone up at a percentage probably in the prior period that would have taken five years to go up," he s

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Accounting Software and ERP Readiness Guide

In this white paper, we explore the factors to consider in deciding whether the time is right for your Company to consider a new ERP or accounting software, the total cost of ownership and plans necessary to make the potential leap to these systems.

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Best Practices when Accounting for Grants

The Charity CFO

Grants are the lifeblood of nonprofits, giving them the much-needed cash injection to market the organization, fund a project, or get an initiative off the ground. Having a full grant pipeline increases your nonprofit’s chances of success and improves your visibility and credibility. But in order to get the most out of these grants, you need to understand how to properly manage and account for them.

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Supreme Court dismisses petition seeking removal of GST, customs duty on medicines to cure spinal muscular atrophy

CFO News

Cure SMA Foundation of India, a parent-led organisation, had approached the court seeking exemption of GST and customs duty on treatment of patients suffering from the disease. However, the court said, “Ultimately it is for the government to take a policy decision whether to completely exempt any drug for treatment of rare diseases from levy of IGST, CGST, SGST or customs duty.

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Record-breaking nominations for Castle at Dealmakers Awards

Castle Corporate Finance

Castle has been shortlisted for seven accolades at the Insider South East Dealmakers Awards 2023 – the company’s record-breaking best performance to date. The highly regarded event, now in its seventeenth year, honours the region’s M&A professionals. The firm has been shortlisted in the Corporate Finance Advisory Team of the Year; two Deals of the Year (£10m+); and Deal of the Year (sub £10m) categories; along with individual nominations going to: Stuart Stepney (Dealmaker of the Year); Vict

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Former KPMG, EY execs launch audit consultancy, raise $12.5 million from Nexus, others

CFO News

It also announced that it has acquired SustainPlus, which provides ESG consulting to companies in India, Europe, the Middle East, and the US since 2017, and appointed its founder and chief executive Anu Chaudhary as the global head of ESG (environmental, social, and governance).

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.