Tue.Jan 03, 2023

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CFOs to combat downturn with more automation

CFO Dive

CFOs should think about automation as an “additional teammate” in their financial departments as they look to push digital transformation initiatives forward in the new year.

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#FA Success Ep 314: Focusing On The Planning Work You Enjoy By Providing Outsourced Virtual CFP Services, With Sue Chesney

CFO News Room

Welcome back to the 314th episode of the Financial Advisor Success Podcast ! My guest on today’s podcast is Sue Chesney. Sue is the owner of Delegated Planning, which offers virtual outsourced financial planning support to 55 advisory firms, and the co-founder of Planning Zoo, an outsourced financial planning data entry business that helps current and recently graduated students from college CFP educational programs connect with advisory firms that need paraplanner support for data entry i

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SEC commissioner opposes ‘ballooning’ PCAOB budget

CFO Dive

The PCAOB has stirred up criticism since SEC Chair Gary Gensler shook up its leadership and called for sharper regulation of the firms that audit public companies.

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Tesla, Wynn, Traeger, Amazon and more

CFO News Room

Tesla charging stations at a car showroom in the morning light. The expansion of the charging infrastructure is still not progressing as desired. . Jan Woitas | Picture Alliance | Getty Images. Check out the companies making headlines in midday trading. Tesla – Shares of Tesla shed 13% after the company announced fourth-quarter vehicle deliveries that fell short of Wall Street’s expectations.

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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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IRS delivers ‘crucial guidance’ on 15% minimum tax

CFO Dive

The interim guidance gives tax preparers some key directions for interpreting the 15% Corporate Alternative Minimum Tax. But more questions remain, experts say.

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More Trending

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How GCs can prevent universal proxy cards from disrupting strategy

CFO Dive

The impact of the SEC’s new director voting system remains to be seen, but a legal leader’s role in consensus-building is clear.

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Observations to Start 2023

Barry Ritholtz

Welcome to 2023! Let’s jump into the new year with some fresh observations, some of which are quite surprising: • Astronomical Measures of Time Are Unrelated to Investing : 2023 – a new year! It is natural to hope the flipping of the calendar brings something new and different. But why? It takes the Earth 365 days, 6 hours, 9 minutes, and 9.76 seconds to complete one orbit – to return to its exact same place in space relative to our star, the sun.

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Chewy Looks to Open More Automated Fulfillment Centers in Drive to Control Costs

CFO News Room

Online pet retailer. Chewy Inc. plans to open more automated fulfillment centers in 2023 to control costs and raise efficiency, which could help the company repurpose certain capital spending, its finance chief said. . The Plantation, Fla.-based company, which sells equipment, food, medication and other products for pets , in 2020 opened the first of these centers in Jessup, Pa., followed by one in Belton, Mo., in 2021 and another in Reno, Nev., in August.

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Think you have it bad?

The Reformed Broker

If you’re a financial advisor or a fund manager and you weren’t down 20% last year, you won, basically. The S&P fell into a 20% bear market while the Nasdaq crashed almost 40%. Bonds were down double digits as an asset class. International stocks, while outperforming the US and not down as much, were still down a lot. Except for Turkey, which inexplicably doubled last year – here’s the TUR ETF, The post Think you have it bad?

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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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Accounting for Natural Disasters: Impairment, Insurance, and More

Embark With Us

Hurricane Ian. Relentless wildfires in the west. Floods, earthquakes, and drought. As much as we hate to say it, we're not lacking for natural disasters these days, and relief doesn't appear to be on the horizon.

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The top 7 FP&A trends for 2023

Jedox Finance

Financial planning and analysis (FP&A) is evolving into a whole new area of influence with cross-departmental and cross-dimensional impact. Accurate, frequent, and integrated business planning is crucial as geopolitical tensions, worldwide inflation, and supply chain disruption continue to reshape the global economy. We have identified 7 FP&A trends that are top of mind here at Jedox and with our customers and Partners around the world.

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Limiting Capabilities Due to Excel Formula Learning Curves for Businesses

Centage

For decades, Microsoft Excel has been one of the most popular business tools for companies everywhere. Businesses across industries use spreadsheet formulas daily to accomplish a diverse task range, from cost accounting to bookkeeping to project management. Many companies have come to depend on Excel formulas so much that they use them when other software programs can perform job functions more accurately and efficiently.

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I Bonds: A not-so-simple buying guide for 2023

Tips Watch

By David Enna, Tipswatch.com After a year of raging-high demand, where do we stand today on U.S. Series I Savings Bonds? Are they still an appealing asset? Are they a worthy investment for 2023?

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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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CBI seeks info on 10 more Videocon loans

CFO News

The CBI, which had arrested Chanda, her husband Deepak Kochhar and Videocon group chairman VN Dhoot last month, stumbled upon the new loans during its ongoing probe into the six loans amounting to ₹1,875 crore sanctioned between June 2009 and October 2011, the people told ET on condition of anonymity.

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NaaS Technology announces new CFO

Future CFO

NaaS Technology Inc., an electric vehicle charging service providers in China, recently announced the appointment of Alex Wu as CFO. The appointment will be effective Jan 15, 2023, according to the Nasdaq-listed company. Wu has also been appointed the president of the company and will join its board of directors with the same effective date. He has been the company's interim CFO since October 1, 2022, NaaS said.

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'No govt stake deal in Vodafone Idea until promoters infuse enough cash'

CFO News

Officials told ET that the promoters - Vodafone Plc of UK and the Aditya Birla Group - have indicated a willingness to infuse around Rs 2,000-3,000 crore in the telco, which is inadequate to revive the company.

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Future of planning and performance management

Future CFO

Good planning and performance management is ‘mission critical’ to any organisation, but do the current models work in volatile times? ACCA and CA ANZ, in association with PwC, spoke to 3,000 global finance professionals to find out. This report, The Planning and Performance Paradigm, explains the evolution needed. The post Future of planning and performance management appeared first on FutureCFO.

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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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Banks go big on financing green energy

CFO News

The outstanding bank loans to the sector have grown at over 100% year-on-year, indicating momentum in underwriting renewable energy loans. According to Reserve Bank of India data, outstanding bank loans to this sector more than doubled to ₹4,191 crore at the end of October 21, 2022, as compared with ₹2,073 crore a year back.

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Why Wall Street is Bearish on 2023

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: ►2023 Targets – Wall Street is going into the year the majority of strategists predicting muted gains or outright losses for the S&P 500. ►Dotcom Bubble Stocks – “Where are they now?

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NCLT restrains Reliance Capital administrator from presenting Hinduja's belated plan before CoC

CFO News

The administrator says it is duty-bound to present all plans before CoC which is in the process of verifying if the plans are compliant. Administrator to appeal against the order with NCLAT. Torrent's counsel tells the count that rules cannot be abandoned for value maximisation.

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#234 – The Mysteries of Dollar Creation and the Future of Money

Strategic Treasurer

Episode 234. The Mysteries of Dollar Creation and the Future of Money. As a strategic treasurer, you need to be aware and alert. There are signs of what’s ahead all around. Are you seeing the signs? In this episode, Host Craig Jeffery interviews Todd Yoder , Global Director of Treasury at Fluor Corporation , on the long-term and short-term asset liability match and the impact of inflation.

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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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Market demand drives road logistics sector growth; outlook remains stable: ICRA

CFO News

The industry is expected to grow by 11-13% YoY in FY2023, but operating margins are likely to moderate over FY2022. Debt coverage metrics may marginally weaken in FY2023 compared to FY2022 levels. Timely and effective implementation of the National Logistics Policy and other such initiatives would be key to providing the requisite impetus to the sector, ICRA said.

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#FA Success Ep 314: Focusing On The Planning Work You Enjoy By Providing Outsourced Virtual CFP Services, With Sue Chesney

Nerd's Eye View

Welcome back to the 314th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Sue Chesney. Sue is the owner of Delegated Planning, which offers virtual outsourced financial planning support to 55 advisory firms, and the co-founder of Planning Zoo, an outsourced financial planning data entry business that helps current and recently graduated students from college CFP educational programs connect with advisory firms that need paraplanner support for data entry into fi

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India Inc, put R&D where your mouth is

CFO News

The focus on critical and emerging areas such as energy, sustainability, artificial intelligence (AI), quantum technologies, data sciences, development of new vaccines and surveillance for newer diseases will have maximum impact on growth, development and economic opportunities.

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Clips From Today’s Halftime Report

The Reformed Broker

Final Trades: Johnson & Johnson, Goldman Sachs, Chubb from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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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.