Fri.Dec 16, 2022

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PwC tackles blockchain’s carbon footprint

CFO Dive

A standardized method to evaluate the carbon footprint of blockchain initiatives could help CFOs meet sustainability targets.

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12 Best Paying Jobs in Finance in 2023

CFO News Room

Job security is always a concern when choosing a career, but some fields are more recession-proof than others. And while there’s no guarantee that any job will be immune to cutbacks or layoffs, some industries weather economic storms better than others. One industry that tends to be recession-resistant is finance. After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes.

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CFOs see their firms’ prospects darken in 4Q: Deloitte

CFO Dive

CFO pessimism around their own companies’ financial prospects touched a level not seen since the height of the pandemic, a Deloitte survey found.

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Inflation is easing: Fed should slow rate hikes

CFO News Room

Posted December 13, 2022 at 11:53 am by EPI Staff. Inflation numbers out Tuesday are encouraging, providing more evidence that any movement to continue raising interest rates at breakneck speed and potentially slow the economy needs to be squashed. The Consumer Price Index (CPI)— released by the U.S. Bureau of Labor Statistics —rose 0.1% in November, and the all-items index increased 7.1% year-over-year.

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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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Executive pay linked more to ESG progress: WTW

CFO Dive

Investor pressure has prompted many large U.S. companies this year to begin rewarding executives for meeting sustainability targets.

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More Trending

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‘Bleisure’ travel pays off in ROI

CFO Dive

Combining business and leisure travel may lead to employee retention, according to Hilton executives.

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The U.S. Poverty Rate Hit A Record Low — But Don’t Expect It To Stay That Way

CFO News Room

This video is part of our series “The Numbers That Defined 2022.”. Transcript. One of the most important numbers of the year that you might not have heard of is 7.8 percent. That’s the share of Americans who were living in poverty in 2021, according to the most recent supplemental poverty rate , which was released by the U.S. Census Bureau in September of 2022.

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Why Startups Need More Than Accounting Software for Financials

Navigator SAP

There are typically three phases of a startup’s financial management journey.

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Meta, Maxar Technologies, Ford, Goldman Sachs and more

CFO News Room

The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Arnd Wiegmann | Reuters. Check out the companies making headlines in midday trading. Meta Platforms – Shares of Meta Platforms rose 3.5% after JPMorgan upgraded the social media company to buy and raised its price target, saying that headwinds will ease next year. Maxar Technologies – Shares of the satellite owner and operator surged 122% following news that private equity firm Advent International will acquire the company a

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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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Changes make it easier for SEC to go after insider trading

CFO Dive

Executives and officers will be in a much tighter box when it comes to when they can trade in their company stock under modified 10b5-1 rules.

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7 Principles to Attract and Retain Older Frontline Workers

CFO News Room

Facing high inflation, jittery markets, and retirement accounts at risk, many older adults want and need to work longer. Employers, confronting skills deficits and workforce shortages, are desperate to hire, especially for frontline roles. In this changing and challenging business environment — where employers must address staff absenteeism, presenteeism, and costly turnover compounded by pent-up consumer frustrations — hiring older and more experienced workers can be a huge help.

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What the Fed Gets Wrong

Barry Ritholtz

There seems to be a lot of confusion going on today with respect to inflation, interest rates, and ongoing Federal Reserve policy. A framework for exploring this has many parts: What the Fed (obviously) knows, how it express those views through police like FOMC rates, ZIRP, QE, QT, etc. There remains the question of what the Fed is actually wrong about. 1 .

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Telecom industry to grow by $12.5 bln every 3 years on 5G, related innovations: Deloitte India-CII

CFO News

By 2026, there are likely to be one billion smartphone users in India. In contrast with the urban sector, which is expected to grow at a CAGR of 2.5 percent from 2021 to 2026, the rural sector is expected to drive this growth at a CAGR of six percent.

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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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Weekend Reading For Financial Planners (Dec 17-18)

Nerd's Eye View

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that CFP Board is forming a Competency Standards Commission in 2023 to review and evaluate its competency requirements for Education, Examination, Experience, and CE, which represents an opportunity for CFP Board to adjust its requirements, in alignment with the desires of the CFP community itself, to build confidence among the public that those with the CFP m

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GST Council meet: Decriminalisation of offences, curbing tax evasion in pan masala, gutkha biz on agenda

CFO News

The Council would also consider a report of tax officers and give clarity on the rate applicability in certain goods and services.

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: • Why Inflation Took Off in 2022—and What Happens Next : The year was a stress test of the Fed’s new framework, and the cracks were apparent. ( Wall Street Journal ). • Elon Musk’s Twitter Is a Shakespearean Psychodrama Set in Silicon Valley : He’s ruling his newest acquisition the way he rules the rest of his empire: impulsively, erratically, vindictively, loudly.

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Bajaj Hindusthan sugar proposes second restructuring plan

CFO News

The company owes a group of 10 lenders led by State Bank of India (SBI) a total of ₹4,900 crore. Delays in payments had meant the account was tagged as NPA in the fourth quarter of last fiscal. However, the company cleared its outstanding dues in the last three months and has proposed a fresh payment schedule to banks.

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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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The Trials of Jimmy Lai

CFO News Room

Newspaper publisher Jimmy Lai’s trial on national security charges has been delayed until September. Already he has been convicted on trumped-up charges of business fraud and participating in unlawful protests. But even from his prison cell, Mr. Lai is embarrassing Hong Kong authorities, who have to keep changing the rules to get him. On Monday White House national security adviser Jake Sullivan put it bluntly.

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Sebi issues fresh benchmarking norms for portfolio managers

CFO News

While tagging an investment approach to a particular strategy, the portfolio manager should select one benchmark from those prescribed for that strategy to enable the investor to evaluate relative performance of the portfolio managers, Sebi said.

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2:00PM Water Cooler 12/16/2022 | naked capitalism

CFO News Room

By Lambert Strether of Corrente. Bird Song of the Day. Cuban Vireo, Mayabeque, Cuba. “Singing in trees along a lane.” Other birds in the trees, too. * * *. Politics. “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51. “Here’s food for thought, had Ahab time to think; but Ahab never thinks; he only feels, feels, feels” –Herman Melville, Moby Dick.

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'Make in India 2.0 to focus on 27 sectors'

CFO News

It also said that DPIIT is working with 24 sectors, including furniture, EV parts electronics, textiles and auto components, to boost domestic manufacturing, increase exports and cut down imports.

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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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Shadow of tax over charities

CFO News

With the Supreme Court on two separate rulings on the same day laying down the principles for an educational trust and a general public utility, and now the Income Tax Appellate Tribunal giving its ruling based on the SC judgements, chances are the I-T department would look at many charitable trusts through the prism of these verdicts.

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Govt monitoring prices and taking steps to bring down inflation, says Finance Minister Nirmala Sitharaman

CFO News

Finance Minister Nirmala Sitharaman on Wednesday said the government is constantly monitoring the price rise situation in the country and is focused to further bring down the inflation. India's retail inflation for the month of November eased to an 11-month low of 5.8 per cent dropping within RBI's tolerance band of 2-6 per cent after 10 months.

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IBC changes on agenda to speed up resolution; bill likely to be introduced in Budget Session

CFO News

According to government data, 12,871 bankruptcy resolution cases were pending on October 31, down from 13,211 as on December 31, 2021. The average number of days taken to resolve a case rose from 230 days in FY18 to 679 days in the first half of FY23.

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Key reforms to spur India reach top spot in global economy in coming decades: Tata's N Chandrasekaran

CFO News

He said India's economy is one of the fastest growing major economies and has the potential to gain a top spot in the global economy by 2047- a year which marks the 100 years of India's independence. India's economy jumped to fifth position from the 10th spot bagging the title of 5th largest economy.

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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.