Tue.Jan 17, 2023

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SEC aims to set climate risk, cybersecurity rules before May

CFO Dive

The agency, laying out an ambitious agenda, aims in early 2023 to complete several new regulations, many of them focused on increasing disclosures for investors.

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7 Things You Need To Know About Simple IRAs (for 2023)

CFO News Room

Most people have never heard of a SIMPLE IRA and are curious to know the rules, limits and how it differs from a 401(k). A SIMPLE IRA sounds “simple” to setup but is it really that easy? And how does it compare to the 401k and other retirement plans that exist? We’ll answer that and more as we take a deep dive into the Simple IRA rules and limits. What is a Simple IRA?

Planning 130
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Trending Sources

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Wendy’s US CFO resigns amid shake-up

CFO Dive

The Dublin, Ohio-based hamburger chain is losing its U.S. CFO to another restaurant company as Wendy’s redesigns its organizational structure to pursue a long-term growth strategy.

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#FA Success Ep 316: Building A COO Society To Help Advisory Firms Scale Up Their Efficiency, With Matt Sonnen

CFO News Room

Welcome back to the 316th episode of the Financial Advisor Success Podcast ! My guest on today’s podcast is Matt Sonnen. Matt is the founder & CEO of PFI Advisors, a consulting firm based out of Redondo Beach, California, that assists wirehouse advisors with the operational transition support they need to break away, and trains and consults with the COOs – the Chief Operating Officers – of independent RIAs to better build their own infrastructures, processes, and culture to scale up t

Planning 130
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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.

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CFOs plan to cut staff, increase hiring budgets

CFO Dive

Concern about higher wages and a skilled labor shortage are foremost in CFOs minds as they grapple with continued economic headwinds.

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More Trending

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Quality Control Software and ERP for Manufacturing

Navigator SAP

Companies typically need to adhere to specific quality standards in order to grow their business and remain competitive, especially in an ever-growing and competitive industry such as manufacturing.

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A record share of earnings was not subject to Social Security taxes in 2021: Inequality’s undermining of Social Security has accelerated

CFO News Room

Social Security payroll taxes are not collected on earnings over a set cap. In 2021, this cap was $142,800 , so workers making more than this enjoyed the benefit of zero Social Security taxes on all earnings in excess of this cap. However, rising income inequality is skewing this tax structure even further to the benefit of top earners and diminishing funding for the crucial retirement program so many Americans rely on.

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Accountants have a significant role to play in sustainability in 2023: Helen Brand

CFO News

They also have a huge role in developing insights from information that can help executives like CFOs make better business decisions, says the CEO of global accounting body ACCA.

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Individuals, Not Governments, Have a Comparative Advantage at…

CFO News Room

Except for the theory of the optimum tariff , all sophisticated arguments for using protectionism to enrich the people of the home country boil down to one claim. The core claim is that government officials can design and impose protective tariffs and subsidies that cause producers in the home country to achieve ‘better’ comparative advantages than those producers could have achieved without protectionism.

Economics 130
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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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Investment MoUs worth Rs 88,420 crore in Maharashtra inked in Davos so far

CFO News

Giving a break-up of the Rs 42,520-crore investments finalised on Tuesday, the statement said a Memorandum of Understanding (MoU) with US-based firm New Era Cleantech Solutions was signed to establish a coal gasification project worth Rs 20,000 crore with a capacity to generate 15,000 jobs in Chandrapur district.

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Goldman Sachs, Morgan Stanley, Roblox, Alibaba and more

CFO News Room

Brendan McDermid | Reuters. Check out the companies making headlines in midday trading. Goldman Sachs — Shares of the Wall Street investment bank shed more than 7% after it reported its worst earnings miss in a decade. Goldman Sachs missed analysts’ estimates on both the top and bottom lines, with loan loss provisions coming in higher than expected.

Valuation 130
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Synonym usage of `Pledge’ and ‘Encumbrance’ led to an obscure narrative and disruption on the bourses

CFO News

Coordination amongst company’s internal departments is a necessity when it comes to loan transactions or takeover transactions to avoid miscommunication. It should also ensure there is no confusion in information being passed on to the public at large. In recent times, we have witnessed promoters of India Inc forming complex structures or entering challenging arrangements with lenders that had potential to give-up or lose control over the company without disclosing appropriately to the investors

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Connect Your Sustainability Goals to Your Business Performance

CFO News Room

Sustainability is increasingly taking a core position in framing business strategy. But success requires more than good intentions. Sustainable transformation may call for broad changes to an organization’s business models, operations, financial practices, and partner ecosystems—an undertaking whose complexity reaches beyond the knowledge an organization may keep in-house.

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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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India Inc CEOs plot big transformation to stay viable: PwC Survey

CFO News

About 41 per cent of India CEOs say that they do not expect their companies to be economically viable in 10 years if they continue on their current path, and see multiple challenges to profitability in their industry.

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FTC Plan to Ban Noncompete Clauses Shifts Companies’ Focus

CFO News Room

Businesses and lawyers are beginning to assess what the Federal Trade Commission’s proposed ban of noncompete clauses in employment contracts could mean for worker mobility, wages and the way future compensation agreements are structured. . While a full or partial ban could expand the pool of potential hires, it also would weaken a tool that employers have come to rely on to retain talent and protect trade secrets and other proprietary information, lawyers say.

Planning 100
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“A Hurricane is Coming”

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Earnings – “Expect an in-line 4Q, but it’s earnings recession ex-Energy” ►Jamie Dimon’s Hurricane – “The U.S. economy currently remains strong with consumers still spending excess.

Finance 98
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10 Tuesday AM Reads

Barry Ritholtz

My Two-for-Tuesday morning train WFH reads: • Are Declining Interest Rates Responsible for Stock Growth? While declining interest rates have been responsible for stock growth (at least at the extremes), interest rate changes don’t always determine our investment destiny. What does though? Fundamentals: ( Of Dollars And Data ) see also The Long-Term Wins : These periods do seem arbitrary but the changing of the calendar from one year to the next offers a good chance for market nerds like myself

Math 97
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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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Company insolvencies rise 32% in December

Accountancy Today

There were 1,964 company insolvencies in December 2022, up 32% compared with December 2021 (1,489) and 76% higher than the number registered three years previously, according to the latest figures from the Insolvency Service. It found there were 183 compulsory liquidations in December 2022, more than three and a half times as many as in December 2021 and 8% higher than in December 2019.

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Clips From Today’s Halftime Report

The Reformed Broker

Final Trades: Nextera, Corning & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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Davos 2023: IMF's Georgieva sees global growth decelerating to 2.7% in 2023

CFO News

IMF's Georgieva sees global growth decelerating to 2.

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Why not all CFOs are CAs

CFO Talks

Firms in the US increasingly employ CFOs who haven’t followed the traditional accounting career path. A study suggests CFOs who come from an accounting background may lack expertise in other areas needed for a modern CFO. Research from Korn Ferry found that the percentage of CFOs who are also certified public accountants at large US firms dropped to 36% in 2019.

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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.

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How budget 2023 can help fintech market reach $200-billion in revenue by 2030

CFO News

Experts say the government should promote digital payments over feature phones and rope in SHGs to improve the confidence of people in UPI. NBFCs flag up the liquidity pangs that have been haunting them since the IL&FS crisis.

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Global M&A set for positive start in 2023

Future CFO

Global M&A has a positive start in 2023 as global dealmakers achieved a second consecutive quarter of market outperformance in the last three months of 2022, said WTW recently. According to research on completed deals from WTW’s Quarterly Deal Performance Monitor (QDPM), companies making M&A deals outclassed the wider market by +5.2pp (percentage points) for acquisitions valued over $100 million between October and December 2022, based on share price performance.

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Oyo to refile updated DRHP with Sebi by mid-Feb

CFO News

The company had filed its draft red herring prospectus (DRHP) for the IPO with Sebi in September 2021 and is aiming to raise Rs 8,430 crore. Oyo’s last submission to Sebi was the updated financial results of the first half of financial year 2022-23.

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FCF Biotech Venture Capital Monitor – USA 11/2022 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Biotech Venture Capital Monitor – USA 11/2022”. The Monitor is a monthly published overview of venture capital trends in the US-Biotech sector. As. Read more. The post FCF Biotech Venture Capital Monitor – USA 11/2022 published appeared first on FCF Fox Corporate Finance GmbH.

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PowerPoint Best Practices for Creating Stellar Presentations

Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.

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Budget 2023: Govt may bump up allocation for existing PLI schemes

CFO News

Allocations for sectors that have seen a high impact on the ground under active PLI schemes such as electronic manufacturing and IT hardware could be raised, people familiar with the deliberations told ET. Finance minister Nirmala Sitharaman had in the FY22 budget announced ₹1.97 lakh crore for PLI schemes that now cover 14 key sectors. This incentive amount, which is for the five-year period beginning FY22, may be raised in the budget.

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A 10-year TIPS matured Sunday. How did it do as an investment?

Tips Watch

Despite a real yield deeply negative to inflation, CUSIP 912828UH1 outperformed a nominal 10-year Treasury. By David Enna, Tipswatch.com Sometimes what looks like a perfectly awful investment will end up surprising you.

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Airtel won't oppose Vodafone's bid to sell Indus stake to external buyer

CFO News

UK's Vodafone Group and India's Aditya Birla Group are facing increasing pressure from the government and lenders to infuse equity into Vodafone Idea-their cash-strapped telecom joint venture-to shore up external investor confidence. One of the avenues available to the British telco is selling its remaining or part of the 21.05% stake in Indus and injecting the proceeds into Vi.

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