Thu.Sep 29, 2022

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Prioritizing AR innovation can help CFOs weather recession: study

CFO Dive

With inflation top of mind for CFO’s, upgrading AR processes could help financial executives buffer against persistent economic pressures.

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Dollar Strengthens

Corporate Finance

Amid high inflation, rising interest rates, and a faltering stock market, one bright spot has been the performance of the U.S dollar. Since the beginning of the year, the dollar has risen 17 percent against the British pound, 25 percent against the Swedish krona and Japanese yen, and an astounding 40 percent against the Argentinean peso. Two currencies that have strengthened compared to the dollar are the Mexican peso and Brazilian real.

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Trending Sources

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More CFOs grappling with ‘abnormally large’ rise in costs: Richmond Fed

CFO Dive

The share of CFOs who view financing conditions as unfavorable doubled compared with results in a second-quarter survey, the Richmond Fed said.

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Farewell, TINA

Barry Ritholtz

For years, we have heard that “there is no alternative” – TINA – to equities, and that thanks to the Fed, “Cash is trash.”. No longer. The Federal Reserve, in its belated attempt to fight inflation, has cranked up rates to the point where today, there is an alternative to stocks: Bonds. It’s been over two decades since the Fed first began panic cutting interest rates in response to such events as the 1998 Long Term Capital Management implosion, the 2000 dotcom crash (2001-03), the Septembe

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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Tyson Foods promotes chairman’s son to CFO

CFO Dive

John R. Tyson, son of Chairman John H. Tyson, was promoted to CFO as the company navigates economic headwinds including higher supply costs.

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10 Wednesday AM Reads

Barry Ritholtz

My mid-week morning train WFH reads: • Treasury 10-Year Yield Rises Above 4% to Highest Since 2008 : Treasury 10-year yields climbed above 4% to the highest level since October 2008, as investors were rattled by Federal Reserve hawkishness and concern over potential Japanese sales of US government debt. An index of US sovereign securities extended its worst year since at least the 1970s after St.

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PodChats for FutureCFO: Build a unified enterprise digital deflation strategy

Future CFO

The fans of inflation are diverting focus for many CFOs from pursuing innovation and growth strategies to curtailing possible runaway costs as organisations push forward their digital strategies. In 2021, 60% of organisations were experiencing wage inflation. Since then, mentions of inflation on earnings calls have increased eightfold. There’s little question that inflation will be a big theme in 2022 or that it will present challenges.

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Dollar Strengthens

Essentials of Corporate Finance

Amid high inflation, rising interest rates, and a faltering stock market, one bright spot has been the performance of the U.S dollar. Since the beginning of the year, the dollar has risen 17 percent against the British pound, 25 percent against the Swedish krona and Japanese yen, and an astounding 40 percent against the Argentinean peso. Two currencies that have strengthened compared to the dollar are the Mexican peso and Brazilian real.

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Finance and sustainability must be closer to each other

Future CFO

Finance and sustainability are much more connected than previously thought. ACCA recently urged Malaysian firms to ensure that qualified finance professionals are placed at the helm of their sustainability agendas. Addressing senior representatives of some of the country’s most significant employers during a visit to Malaysia earlier this month, Helen Brand set out the vital role of the finance function in delivering climate change targets and building the prosperous, sustainable economies of th

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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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Clips From Today’s Closing Bell

The Reformed Broker

Apple is actually a detractor from the market today, says Ritholtz’s Josh Brown from CNBC. The post Clips From Today’s Closing Bell appeared first on The Reformed Broker.