Wed.Feb 22, 2023

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Avoiding Financial Disasters

Barry Ritholtz

Click to download Financial Disasters Yesterday was kind of a fun day: Sure, it was a dark, damp, dreary February morn when I showed up at the Brooklyn Bridge Marriot, but it was also the first time I did a new presentation in front of a live audience since before the pandemic. I do a quarterly update for RWM clients that covers the economy, the markets, and our portfolios every three months.

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Foot Locker moves exec to interim CFO seat

CFO Dive

The New York-based sneaker retailer is still on the hunt for a permanent replacement for departing CFO Andrew Page.

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Trending Sources

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Biggest M&A deals of 2023 so far

One to One

The post Biggest M&A deals of 2023 so far appeared first on ONEtoONE Corporate Finance.

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Fed officials leaned toward more tightening, minutes show

CFO Dive

Policymakers on Feb. 1 favored more increases in the main interest rate. Since then data has indicated that inflation remains higher than anticipated.

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Live Demo - Supercharge your Month End Close

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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Indian economy expected to contribute more than 15% of global growth

CFO News

Terming India’s strong economic performance a ‘bright spot’, Georgieva said that beyond being the global growth engine, India is uniquely positioned to bring countries together.

More Trending

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Form ADV Part 1: Common Missteps And Best Practices For RIAs

Nerd's Eye View

As a document required to be filed by all registered investment advisers, Form ADV is (at least in theory) a standardized description of each RIA’s services, fees, and business practices, presented in a series of four forms (Part 1, Part 2A, Part 2B, and Part 3) each comprised of a set of underlying sections. As the thinking goes, requiring each firm to file Form ADV with the SEC and/or state regulators (and making it available to the general public) gives investors a way to compare differ

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For dream CFO, data, people skills are a must, CEO says

CFO Dive

Old school and new generation CFOs have different ways of achieving efficiency—but as a CEO, Yantra’s Vikram Bhandari is looking for the best of both worlds.

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Why Churn is a SaaS Killer

The SaaS CFO

We know churn is bad for our SaaS company. Yes, we are losing customers and revenue. This impacts growth, metrics, and cash to name a few. I’d like to dive into the financial details as to why churn is a SaaS killer. We hear a lot of rules of thumb in SaaS. Those can be […] The post Why Churn is a SaaS Killer appeared first on The SaaS CFO.

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Flexible privacy configuration

Spreadym

Maintaining confidentiality is an important aspect in working with company data and the basic step for choosing the appropriate business performance management software. The use of specialized business software for analysis, planning and budgeting can simplify the task of dividing access, but it can also have its downsides. Let's look at all these questions in more detail and compare two groups of tools for business analysis.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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Leju announces CFO change

Future CFO

Nasdaq-listed online Chinese real estate platform Leju Holdings Limited recently announced the appointment of Li Yuan as its CFO and the resignation of its acting CFO Li-Lan Cheng. According to Leju, Cheng was appointed acting CFO after the former CFO of E-House (China) Enterprise Holding Limited — the parent company of Leju — passed away on Feb 16 after a prolonged illness.

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CFOs need to do resilience planning to fight continued shocks: HDFC CEO Keki Mistry

CFO News

The world of CFOs have changed with a barrage of challenges that they couldn't have imagined such Covid, inflation, supply-side constraints.

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Jedox platform release 2023.1 simplifies reporting and provides greater control

Jedox Finance

The Jedox platform 2023.1 release enhances dashboarding through the next generation of Canvas dashboarding capabilities. Creating custom reports and visualizations with easy drag-and-drop functionality makes communicating plans and performance across the organization straightforward. Model and report builders can pin the most important key performance indicators (KPIs) to the top of dashboards.

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CFOs should focus on quality investors, not get bothered by stock movements

CFO News

At the 4th Edition of ETCFO Leadership Summit, 2023, leading finance heads said In the context of decision-making, the focus should be on the benefit of the organisation.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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Clips From Today’s Halftime Report

The Reformed Broker

Final Trades: Ingersoll Rand, Starbucks, Raytheon & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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High interest rates a challenge for the global economy, says World Bank chief David Malpass

CFO News

"India has been taking advantage of these somewhat better global developments. I should mention, however, for many developing countries, that conditions are still harsh. That includes the high price of food and energy and fertiliser, which makes agriculture so challenging for many developing countries," David Malpass said.

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Critical Bookkeeping Blunder: Missing Gross Margin

Boston Startup CFO

Startup founders beware! You might be making a critical rookie bookkeeping blunder if your financial statements don't show your gross margins. Gross margin is an essential factor in the evaluation of startups by venture capitalists. This margin is the difference between the revenue generated from sales and the cost of goods sold, expressed as a percentage of revenue.

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Window for India to be linked to global value chains deeply: ADB

CFO News

ADB president Masatsugu Asakaw lauded the government for rightly placing emphasis on infrastructure investments and economic reforms, which would make the country more competitive.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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How to Properly Manage Your Business’s Taxes

Financial Analyst Insider

Taxes are an unavoidable part of running a business. But with the right strategies and preparation, you can manage your taxes efficiently and minimize their The post How to Properly Manage Your Business’s Taxes appeared first on Financial Analyst Insider.

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RBI wants durable price stability, but external members see risks of overtightening of rates

CFO News

The real rate is positive and excessive tightening may hurt growth according to majority of external members - Ashima Goyal and Jayanth Varma- of the Reserve Bank's Monetary Policy Committee who voted for a pause in the policy rate revision.

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2023 Treasury Fraud & Controls Survey

Strategic Treasurer

Survey Results Treasury Fraud & Controls Thank you to all of those who participated in our 2023 Treasury Fraud & Controls survey. This research discovered how your fraud experiences and security practices has changed. Has your security framework been strengthened? Is your outlook as positive as the industry’s outlook on the threat of fraud?

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PTC India Financial Services gets another notice over alleged governance lapse

CFO News

The Ministry of Corporate Affairs (MCA) has asked PTC India Financial Services (PFS) why action should not be taken against it for alleged non-compliance with rules on the appointment of forensic auditors in a loan default case and not sharing that audit report with the erstwhile independent directors for more than two years.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

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Congratulations Tom!

Castle Corporate Finance

Castle is delighted to share that Tom Gillen, our Corporate Finance Executive, has recently completed his Diploma in Corporate Finance – with impressive results. Tom commented: “After 500+ hours of study, I’m delighted to have completed the Diploma in Corporate Finance with the CISI & ICAEW after achieving a distinction in the final exam in Corporate Finance Strategy & Advice.

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Bankruptcy court admits Zee Entertainment under the insolvency resolution process

CFO News

The Mumbai bench of the National Company Law Tribunal (NCLT), in two separate applications filed by the IndusInd Bank, has appointed Sanjeev Kumar Jalan and Mohit Mehra as resolution professionals for Zee Entertainment and Siti Network respectively. Jalan is a partner at BDO India in its restructuring practice.

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The Three Stages of Building a Strong Finance Function for Your Startup

The Finance Weekly

In 2021, there were roughly 5.4 million new businesses established in the US and over 800,000 in the UK. However, based on historical trends, it's expected that by the end of 2022, nearly 1.2 million (or almost 20%) of these businesses will have ceased operations and by the end of 2025, over half of the new businesses created in 2021 will likely have disappeared.

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SIDBI Chairman calls for more early-stage investing

CFO News

Earlier, SIDBI had declared that the MSME sector can serve as a strong foundation for the recovering economy.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.