Wed.Nov 23, 2022

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SEC charges Goldman Sachs with ESG policy failures

CFO Dive

The Securities and Exchange Commission has pledged to crack down on companies involved in finance and other sectors that overstate their commitment to sustainability, or so-called greenwashing.

Finance 259
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Duncan Burgess, Global Finance Director

CFO News Room

Duncan Burgess’ “number one passion” in his role is people. “You could put in the best process and/or technological solutions, but if people in the business and finance team don’t believe in it or understand it, it’ll fail.”. “So, success always comes back to the people,” says Duncan, who is a Global Finance Director. . One of Duncan’s favourite aspects about being a Global Finance Director is the opportunity he has had to develop and build the finance teams.

Finance 130
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Trending Sources

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Labor market tightness unaffected by unemployment uptick

CFO Dive

Labor market conditions likely remain untouched despite a recent rise in unemployment claims prior to the Thanksgiving holiday, with labor demand still outpacing supply.

Marketing 268
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Consumer Sentiment Remained Weak in November

CFO News Room

The final November results from the University of Michigan Surveys of Consumers show overall consumer sentiment declined for the month, holding near historically low levels (see first chart). The composite consumer sentiment decreased to 56.8 in November, down from 59.9 in October. The index hit a record low of 50.0 in June down from 101.0 in February 2020 at the onset of the lockdown recession.

Economics 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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Geopolitical tensions to continue shaping 2023 economy: S&P Global

CFO Dive

Unresolved global conflicts and likely recessions in several markets will shape economic policies in 2023, a survey said.

Economics 261

More Trending

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World Cup offers stage for payments tech

CFO Dive

While one card network giant has grabbed center stage at the World Cup event in Qatar, other payments companies have landed bit roles too.

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Hong Kong Law on Trial

CFO News Room

The long-awaited trial of Apple Daily founder Jimmy Lai on national security charges is supposed to begin Dec. 1 in Hong Kong. The latest news is that the government objects to Mr. Lai’s choice of a British lawyer to represent him, King’s Counsel Timothy Owen. The objection underscores how the government tries to stack the deck against anyone it dislikes.

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15% Yield Was Never Credible

Barry Ritholtz

Barry Ritholtz, Ritholtz Wealth Management Chairman & CIO and “Masters in Business” Bloomberg Radio & Podcast Host, discusses crypto contagion and the volatile price swings in bitcoin. Yield Hogs Are Always Problematic. ?. ? ?. Source: Bloomberg. The post 15% Yield Was Never Credible appeared first on The Big Picture.

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Retailers’ Holiday Discounts Are Steeper This Year, CFOs Say

CFO News Room

Retail finance chiefs are entering the busiest shopping season of the year with declining profit margins as their companies offer more discounts to compete for sales and clear out excess stock. . Profit margins in the sector have shrunk in recent months due to a mix of high inflation, excess inventory and growing expectations from consumers for price reductions.

Retail 100
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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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Establishing Solo 401(k) Plans For Self-Employed Workers: Options, Contribution Limits, Deadlines, And More!

Nerd's Eye View

Among the several different types of retirement plans that are available to self-employed workers, solo 401(k) plans can offer the most flexibility and the ability to contribute the highest amount of tax-advantaged savings. But alongside those advantages, there are some specific rules and regulations that are unique to solo 401(k) plans, which can add to the complexity of setting up and maintaining a plan.

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Key Institutional Crypto Player, Genesis, on Verge of Failure; Possibility of “Apocalyptic” Bitcoin Liquidation

CFO News Room

Due to the fact that your humble blogger is not feeling so hot, forgive me for giving you a thin treatment of the wobbles and likely-looking collapse of a key crypto concern, Genesis. However, two excellent tweetstorms cover most of the key ground, and I will direct you to them shortly. The unwind of FTX is certain to dominate business press, pundit, and politician attention due to how its uber connected and very recently idolized top brass have been revealed as drug-addled business incompetents

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10 Wednesday AM Reads

Barry Ritholtz

My mid-week morning train WFH reads: • Eight key takeaways from 20 years of SPIVA data : Most active managers underperform most of the time. This conclusion originally came from examining U.S. mutual fund performance net of fees. Gross of fees, most active managers underperform most of the time. Most institutional managers underperform most of the time.

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Asia Pacific outlook stable except China: Moody’s 

Future CFO

Asia Pacific outlook for rated nonfinancial companies is stable with still-solid, though slowing, growth and supportive domestic business conditions, said Moody’s recently. Despite the stable Asia Pacific outlook, the credit rating agency warned that risks are rising as interest rates surge and currencies depreciate. Meanwhile, nonfinancial companies in China will face tougher credit conditions in 2023 compared with 2022, given persisting domestic challenges while external risks intensify, the f

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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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Job Description For Nonprofit Finance Director

The Charity CFO

The finance director role is critical to the success of any nonprofit, making it one of the most important hires an organization can make. They are responsible for the financial health of the organization. They create and maintain financial records, prepare financial reports, and oversee the organization’s budget. Financial managers often work closely with the organization’s executive director to ensure that the organization’s financial needs are met and help drive best financi

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16+ Best NetSuite Integrations: Your 2023 Guide

Cube Software

NetSuite is a business management software suite for organizations of all sizes. It offers a wide range of functionality, including accounting support, customer relationship management (CRM), financial software , inventory management, order management, and more.

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Ancestry CEO Deb Liu Says Women Need to Reframe Their Relationship to Power

CFO News Room

Deb Liu is CEO of Ancestry, the $5 billion genealogy platform, and the author of Take Back Your Power: 10 New Rules for Women at Work. While overt discrimination against women may have receded in recent years, she says covert discrimination, including unconscious bias, can be just as pernicious, keeping women from reaching the peaks of success. She pushes for women to find themselves not just mentors offering advice, but a sponsor who will put­ their own career on the line to advance that of som

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How To Set Up Solo 401(k) Plans For Self-Employed Workers

CFO News Room

Executive Summary. Among the several different types of retirement plans that are available to self-employed workers, solo 401(k) plans can offer the most flexibility and the ability to contribute the highest amount of tax-advantaged savings. But alongside those advantages, there are some specific rules and regulations that are unique to solo 401(k) plans, which can add to the complexity of setting up and maintaining a plan.

Planning 130
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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.