Fri.Feb 03, 2023

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Audit committee job creep taking its toll

CFO Dive

With internal audit committees biting off more than they can often chew, committee members across businesses are feeling the burnout.

Auditing 241
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How Losing a High-Paying Job Affects Family Relationships

CFO News Room

Businesses often treat layoffs as one of several tools they can deploy to increase profitability. But the toll of layoffs as a routine business practice can be extraordinary for the people who lose their jobs. In his late 40s, Robert* earned in the comfortable six figures before he was laid off. When I spoke with him, he had been unemployed for close to a year.

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Trending Sources

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Stripe CFO exits to handle ‘family matters’

CFO Dive

Dhivya Suryadevara is exiting the payments software provider on the brink of a potential IPO and deal with Amazon.

CFO 245
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How to Save Money And STOP Living Paycheck-to-Paycheck

CFO News Room

According to a recent Lending Club report , 64% of Americans lived paycheck-to-paycheck in December 2022, up from 61% a year earlier. Also, one-third of American consumers report not saving any money. But what does it mean to live paycheck-to-paycheck, and how does a person break the cycle? In this article, I’ll answer that question, but I’ll also show you how to save $1000 while living paycheck-to-paycheck, so you can begin to live within your means.

Budgeting 130
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How to Easily Navigate Crypto Accounting in the Web3 Era

Speaker: Aaron Jacob, VP of Accounting Solutions & Reagan Cook, GTM Lead

Are you struggling to navigate the complexities and challenges that come with crypto accounting? 🤔 This new webinar will cover everything businesses need to know to get started with crypto accounting after incorporating crypto into their business models! Industry experts Aaron Jacob and Reagan Cook of TaxBit will thoroughly explore the prevalent operational hurdles encountered by accounting teams when interacting with crypto on the books, and detail how software solutions can effectively

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Rampant budget cuts anticipated amid recession fears

CFO Dive

The study by CFO.com shows that companies are planning as if a recession will happen, even if there are mixed views about the economy.

Budgeting 221

More Trending

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Amazon CFO points to slowing customer spend as cloud growth shrinks

CFO Dive

Optimization efforts by more economical enterprise customers will continue to be a headwind for its AWS sector, Amazon’s CFO said.

CFO 217
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Fact sheet: Employers are charged with violating federal law in nearly 40% of union elections

CFO News Room

Employers regularly employ illegal tactics to suppress unions. An analysis of the latest government data on unfair labor practice charges and union elections shows that employers were charged with violating federal labor law in nearly 40% of elections—everything from firing to retaliation to changing work terms. The data don’t show the extent of employer aggression because missing from the numbers are attempts by management to suppress unionization before workers even get a chance to hold an ele

Numbers 130
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CEO Capital Allocation from Startup to Public Company

Navigator SAP

Whether for a startup or a large enterprise, capital allocation is one of the most critical roles that CEOs perform. Yet, capital allocation strategies vary depending on the size of the business.

Startups 130
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Stocks making the biggest moves midday: AMZN, GOOGL, AAPL

CFO News Room

Workers load packages into Amazon Rivian Electric trucks at an Amazon facility in Poway, California, November 16, 2022. Sandy Huffaker | Reuters Check out the companies making headlines in midday trading. Amazon – The e-commerce giant’s stock tumbled 8.4% despite a revenue beat. Late Thursday, Amazon issued weaker-than-expected guidance for the current period.

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Master Your Expenses: The Ultimate Corporate Card Checklist

Choosing the right corporate card program is key to managing employee spending effectively. This checklist highlights important factors to consider, like ease of administration, card acceptance, real-time data, and software integration. It also details features like customizable policy controls, dynamic approvals, and robust analytics to help optimize expense management.

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Sentiment Rally

The Reformed Broker

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Jason Hsu, and Downtown Josh Brown discuss the latest FOMC meeting, the Chinese market, hard vs soft data, the housing market, earnings for Apple, Amazon, and Google, the Adani rout, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

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Bonds out, Adani Group looks for new ways to refinance ACC, Ambuja M&A loans

CFO News

Partial payment through cash, prepayment of interest, push out maturities to 2025-26, additional collateral for loans against shares being worked out.

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Future Proof Webcast!

Barry Ritholtz

INTRODUCING… the Future Proof Webcast! Once a month, John & I will feature some of the biggest names and the best guests to discuss the most entertaining and relevant topics in the financial services industry. To kick off the debut episode, we will be joined by three of the smartest macro investors in the industry! Join us live with Marta Norton of Morningstar and Jay Pelosky of TPW, as we sit down with Future Proof’s own John Swolfs to discuss: Can’t attend the vent?

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Sage Intacct: Powerful Accounting for Multi-Entity Businesses

https://trustedcfosolutions.com/feed/

When a business enjoys continued growth and success over a period of time, it might eventually become a multi-entity business , encompassing multiple subsidiaries, divisions, or brands. Multi-entity expansion is undoubtedly exciting for a company that was once a fledgling. However, it results in a new set of challenges pertaining to efficiency and organization.

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Live Demo: How to Achieve Reconciliation Zen

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

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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CFO imperatives amidst the changing landscape of India's insurance sector

CFO News

The CFOs of the future must have a profound understanding of how business and national interests intersect, integrate inclusion and technology to stay relevant, and work to build long-term wealth of their shareholders. Since they work closely with the CEO and provide critical insights and advice on the likelihood of success and expansion opportunities for business initiatives, CFOs are well-positioned to play a significant role in influencing the future of their respective industries.

CFO 52
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Answers with Adam: Can Successful Entrepreneurs Also Be Introverts?

Adam Kae

Answers with Adam: How do you thrive as a small business owner if you are an introvert? CFO Adam: So one of the things that I've always tried to focus on is, I know I'm really good at finances, but I'm also an introvert. So when I go to a networking event or I'm meeting a client for a first time, my inclination is to sit back a little bit, listen and let the other person drive the conversation.

CFO 52
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LIC's shareholders, customers have no need to worry about its Adani exposure: DIPAM Secy Tuhin Kanta Pandey

CFO News

"It has put out the information that their exposure in Adani Group companies should not be any concern for shareholders and policyholders," Department of Investment and Public Asset Management Tuhin Kanta Pandey said.

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What is Revenue Operations and Why Does it Matter

Financial Analyst Insider

The marketing landscape is revolving, whereby slight misalignment in the marketing and sale teams causes significant drops in revenue. Revenue operations integrate marketing, sales, and The post What is Revenue Operations and Why Does it Matter appeared first on Financial Analyst Insider.

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New DOL Final Overtime Rules: Quickstart Guide for Employers

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

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No angel tax on past foreign investments in startups

CFO News

The government has proposed to amend the so-called angel tax provision or the Section 56(2) (viib) of the income tax act in the budget. The provision states that any premium paid by an investor in excess of the fair market value (FMV) of the shares of an unlisted company is taxable in the hands of the company at a rate of 20% or above.

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79: What Is Preferred Stock?

Strategic Treasurer

Session 79 Coffee Break Session: What Are Preferred Stocks? Host Jason Campbell catches up with Strategic Treasurer’s Senior Advisor Paul Galloway to chat about preferred stock. They discuss why a company would want to issue preferred stock, how it’s different from common stock, and how it’s treated from a credit perspective. Host: Jason Campbell, Strategic Treasurer Speaker: Paul Galloway, Strategic Treasurer Explore All Episodes Treasury Tech Analyst Report Researching new treasury and finance

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GST Council chaired by FM Nirmala Sitharaman to meet on Feb 18

CFO News

The report by another GoM, chaired by Meghalaya Chief Minister Conrad Sangma, for GST levy on online gaming, casinos and horse racing may come up for deliberations. These three GoM reports were part of the agenda items in the last GST Council meeting, that was held on December 17, 2022.

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FCF Valuation Monitor – Q4 2022 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Valuation Monitor – Q4 2022”. The FCF Valuation Monitor is a comprehensive valuation analysis for the German small / midcap market segment and. Read more The post FCF Valuation Monitor – Q4 2022 published appeared first on FCF Fox Corporate Finance GmbH.

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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

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Ministry of Corporate Affairs reviews Adani Group financial statements

CFO News

The ministry's review marks the latest scrutiny of the Adani Group, but a first by the federal government in New Delhi. The Indian markets regulator is already investigating the matter, including the crash in the company's shares, any irregularities in the now-shelved share sale and any possible price manipulation, Reuters reported this week.

Sales 52
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The Pushback on my Tesla Valuation

CFO News Room

I wrote about my most recent valuation of Tesla just over a week ago , and as has always been the case when I value this company, I have heard from both sides of the Tesla divide. Some of you believe that I am being far too generous in my forecasts of revenues and profitability for a company that is facing significant competition, as it pursues growth, especially with questions about who’s in charge of the company.

Valuation 130
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Banking sector remains resilient and stable: RBI

CFO News

As per the RBI’s current assessment, the banking sector remains resilient and stable. Various parameters relating to capital adequacy, asset quality, liquidity, provision coverage and profitability are healthy. Banks are also in compliance with the Large Exposure Framework (LEF) guidelines issued by the RBI.

Banking 52
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Activision Blizzard to pay SEC $35M for alleged disclosure flaws

CFO Dive

The video gaming company has been the target of regulatory scrutiny since allegations of sex discrimination surfaced in 2018.

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Your Guide to Creating a Travel Policy

Navigating travel expenses can be challenging, but our workbook offers a clear path forward. Learn to craft a travel policy that fits your budget and makes travel management simple. This self-guided workbook offers: Practical advice on choosing airlines, setting booking time frames, and managing travel costs effectively. Insights into selecting the right class of service for each employee, ensuring everyone travels comfortably and within policy.