Thu.Jul 14, 2022

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The ABCs and IRCs of cannabis accounting

CFO Dive

From cash control issues to inadequate reporting and point of sale (POS) software, accounting for cannabis dispensaries is no easy feat and the wrong move can land a company in serious legal trouble.

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Is Your Nonprofit Ready for Recession?

The Charity CFO

A lot of nonprofit leaders are asking us about how to prepare their organizations for the possibility of a recession. So I decided to change up the format of my A Modern Nonprofit Podcast this week to talk directly to you about the steps you can take to prepare your organization for a potential recession: Click here to listen to the podcast on Apple Podcasts or Spotify. 6 Steps to Recession-Proof Your Nonprofit. 1.

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Companies next year plan biggest average pay raise since 2008

CFO Dive

In order to succeed in a highly competitive labor market, companies need to consider providing non-monetary benefits such as workplace flexibility in addition to pay raises, Willis Towers Watson said.

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7 Ways To Increase Profit And Business Value

The CFO Centre

Have you ever wondered how your business is valued in the eyes of an external party? Then you need to know the seven (7) levers in your business. With just a little additional focus on one or more of these 7 levers, you can directly improve the cash-flow, profitability and/or value of your business. There’s no […]. The post 7 Ways To Increase Profit And Business Value appeared first on CFO Center US.

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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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Cochrane and Coleman: How Do You Solve Inflation?

CFA Institute

"The economic problem now is to control inflation and get to work on the supply side of the economy.".

Economics 101

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Book Review: The Revolution That Wasn’t

CFA Institute

Spencer Jakab argues that Wall Street, not the everyday retail investor, won the meme stock revolution.

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Webinar: Securing Money and Data: Strengthening the Lines of Defense | August 17

Strategic Treasurer

Securing Money and Data: Strengthening the Lines of Defense. August 17 | 12:00 PM EDT. Register Now. Criminals are after your data and money. Constantly. They are increasingly more sophisticated and automated, and our response must be strengthened. This includes each area of exposure: technology, processes, structure, and people. Your firewall needs to be updated, but your human firewall(s) also need to be kept current.

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CFOs: Do you have regret over technology purchases?

Future CFO

Executives have a high degree of regret over technology purchases, said Gartner recently when releasing results of a survey of 1,120 respondents in Asia/Pacific, North America, and Western Europe during November and December 2021. Survey results indicate that 56% of organisations had a high degree of regret over their largest tech-related purchase in the last two years.

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How do I clean up my financial statements?

CFO Share

Do your profits and cash flows make no sense? Is your balance sheet littered with negative numbers and old, incorrect figures? You are not alone: every growing business eventually needs a financial statement clean up. Here’s what you should consider when approaching a catch-up bookkeeping or an accounting clean up project. Who will do the financial statement clean up?

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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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Is On-Site Necessary Anymore? Examining Today’s Most Effective Workforce Structure

CFO Selections

When talking with colleagues these days it is common to hear people discussing the effectiveness of remote work, especially regarding consulting work. We hear partners and clients saying things like, “I just don’t think we can replicate the kind of interpersonal relationships we used to have virtually.” Yet, at the same time, we hear their employees expressing little desire ever to return to the office full-time, opting instead for fully remote or hybrid work arrangements.

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Is Cloud Computing the Future of Finance?

Financial Analyst Insider

As it’s one of the fields with the most strict regulations around security and data privacy, all for good reasons, the financial sector has always. The post Is Cloud Computing the Future of Finance? appeared first on Financial Analyst Insider.

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Quality of Earnings: Understanding an Essential Piece of the M&A Puzzle

Embark With Us

The ultimate success of an M&A transaction depends on a lot more than a firm handshake, no matter how firm that handshake might be. In other words, both buyers and sellers need to be meticulous, leaving no due diligence stone unturned or anything to chance.

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How to run a successful loss leader strategy

CFO Share

How to run a successful loss leader strategy. The Wall Street Journal recently reported that Costco has not raised the price of its $1.50 hot dog special since 1985 and has no plans to even in today’s inflation. Costco’s hot dogs are a loss leader – something sold at a loss to attract customers who are subsequently cross-sold and upsold. Why does Costco’s hot dog work?

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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 8 Best Financial Planning Software Tools [2022]

Cube Software

Especially in today's market, companies are getting the same message: Plan B is not enough.

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Clips From Today’s Halftime Report

The Reformed Broker

Final Trades: NXP Semi, Compass, Shake Shack from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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CFOs must embrace sustainability mandate

Future CFO

For many years, organisations’ climate-related initiatives have focused on the impact of their activities on the environment and its stakeholders – for example, their carbon footprint, which measures the amount of greenhouse gas emissions attributable to the organisation, expressed in carbon dioxide equivalent (CO2e). Today, companies are also looking at climate change from other perspectives.

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Optimizing Data Fabric is Key to Migration, Integration and Innovation of Business Processes

Bramasol

Do you know where your data is? Actually, it is everywhere. According to Statista, the total amount of data created, captured, copied and consumed globally is projected to grow to more than 180 zettabytes by 2025 , from the 64 zettabytes in 2020. From an enterprise standpoint, an IDG Market Pulse survey of North American companies with over 1000 employees indicated that, " the mean number of data sources per organization is 400.

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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.