Wed.Jan 18, 2023

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Weak retail sales, manufacturing signal cooling economy

CFO Dive

The Fed’s fight against inflation, while showing some recent signs of success, may dim prospects for economic growth.

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9 Trends That Will Shape Work in 2023 and Beyond

CFO News Room

In 2022, business leaders faced an increasingly unpredictable environment, with evolving return-to-office policies, higher employee turnover , and burned-out employees ( more than ever before , in fact). In 2023, organizations will continue to face significant challenges : a competitive talent landscape, an exhausted workforce, and pressure to control costs amid a looming economic downturn.

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Trending Sources

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Payoneer tees up Webster Bank exec for CFO

CFO Dive

Webster Bank alum Bea Ordonez will take the payments company’s finance reins in March after the current CFO Michael Levine steps away from the role.

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Is Private Debt Worth Considering As An (Alternative) Asset Class In Client Portfolios?

CFO News Room

Many investors are familiar with private equity as an alternative asset class, which is popular with certain high-net-worth and institutional investors as a vehicle for diversification and a source of potentially higher risk-adjusted returns than what is available on the public market. However, less well-known is the related but distinct asset class of private debt, which, like private equity, focuses on opportunities outside of what is traded on the public market but deploys its capital in the

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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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3 reasons to make accounts receivable a top priority

CFO Dive

Unpaid invoices take a nasty bite out of cash flow. Dean Kaplan writes that taking time early on to evaluate receivables and stratify accounts for fast attention will pay off.

More Trending

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US to jack up fees for big mergers

CFO Dive

Filing fees are expected to soar this year and companies will need to prepare for increased regulatory scrutiny of M&A deals.

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For Lower Inflation, Stop Raising Rates

Barry Ritholtz

Last week, I discussed the December CPI print; it showed further evidence that inflation is coming down substantially. But I had to point out this was not because of the Fed, but despite their actions. If anything, they are making price increases worse. In particular, they are driving prices higher in the rental market. Today, the Producer Price Index and Consumer Retail Sales both showed the economy is decelerating and not on an inflation-adjusted basis.

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Cyber, business interruption remain top global corporate risks

CFO Dive

Risk management leaders remain highly concerned about the threat of malicious attacks and data breaches, according to Allianz Global.

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Registration now OPEN for Future Proof 2023

The Reformed Broker

FUTURE PROOF FESTIVAL 2023 TICKET REGISTRATION IS NOW OPEN Join us September 10th-13th in Huntington Beach, CA! It’ll be the lowest rate you’ll ever pay to attend. Prices jump in 2 weeks. Use the link down below to register now. See you there[link] pic.twitter.com/BTO0RNivhJ — The Compound (@TheCompoundNews) January 18, 2023 Last September we threw the biggest wealth management festival (and proba.

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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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Let’s do a quick check-in on Thursday’s 10-year TIPS auction

Tips Watch

By David Enna, Tipswatch.com After another day of turmoil in financial markets, real yields slipped lower Wednesday heading into the Thursday’s originating auction for CUSIP 91282CGK1, creating a 10-year Treasury Inflation-Protected Security. A lot happened, I guess.

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Machine Learning and FOMC Statements: What’s the Sentiment?

CFA Institute

What do machine learning and natural language processing reveal about Federal Open Market Committee statements?

Marketing 101
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In Africa, FTX Posed as Haven From Tumbling Currencies, Inflation

CFO News Room

Weeks before cryptocurrency exchange FTX filed for bankruptcy , dozens of young Nigerians in skintight dresses and brightly colored suits shimmied under limbo bars, posed for photos in front of the company’s logo and sipped expensive liquor at a swanky beachfront venue. The party in Lagos, Nigeria, was part of the Bahamas-based exchange’s push into Africa, where, in the final days before its implosion, FTX was aggressively recruiting new customers whose funds are now stuck in bankruptcy proceedi

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India’s buzzing economic activity belies fears of a slowdown

CFO News

The needle indicating so-called animal spirits moved right after holding steady for five straight months — indicating stronger overall economic activity as 2022 drew to a close. Consumer spending boosted tax collection and manufacturers signaled optimism about the future, while services sector saw expansion of new businesses.

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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 Closing Bell

The Reformed Broker

Netflix is one of the biggest bouncers in the entire market, says Ritholtz’s Josh Brown from CNBC. The post Clips From Today’s Closing Bell appeared first on The Reformed Broker.

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Is Private Debt Worth Considering As An (Alternative) Asset Class In Client Portfolios?

Nerd's Eye View

Many investors are familiar with private equity as an alternative asset class, which is popular with certain high-net-worth and institutional investors as a vehicle for diversification and a source of potentially higher risk-adjusted returns than what is available on the public market. However, less well-known is the related but distinct asset class of private debt, which, like private equity, focuses on opportunities outside of what is traded on the public market but deploys its capital in the

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What’s on CFO’s radar for 2023?

CFO Talks

CFOs face another unpredictable year. According to recent surveys, these factors are front of mind for many CFOs. The growing importance of FP&A The 2020s are shaping up to be a decade of uncertainty. Covid, then international conflict, supply chain disruption and inflation. 2023 brings the potential of a global recession. CFOs increasingly need to forecast for a multitude of scenarios.

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CFO Strategic Partners can lighten the load for CPA firms

CFO Strategic Partners

As businesses close the books for the year and prepare for tax returns, CPAs can often get a clearer picture when their clients need more help in accounting. Reporting issues that did not take priority during the year become more important when it’s time to reconcile and review financial statements. As companies grow, there’s often a need for extra help to catch up or provide assistance establishing processes to support that growth.

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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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Watershed Distillery x FocusCFO

Focus CFO

Founded in 2010, Watershed Distillery's quality spirits have put them on the map. Today, Watershed produces the number one selling Ohio-made bourbon and gin portfolios, along with an award-winning craft vodka and a variety of specialty spirits. FocusCFO is proud to have partnered with Watershed Distillery to provide them with strategic financial guidance for their journey toward sustainable, transferrable business value.

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Best practices to increase employee spend oversight

Future CFO

The Asian economy is turning around. According to Morgan Stanley Research , a survey of 100 global corporate travel managers found that many respondents believe their company's travel expenditures are already back to pre-pandemic levels and will continue to grow. As spending becomes more and more decentralised, employees are making spending choices with less and less oversight.

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India's GDP will hit $26 trillion by 2047, says EY report

CFO News

The study, titled "India@100: Realizing the Potential of a US$26 Trillion Economy," was launched by Ashwini Vaishnaw, the Railway and IT Minister, on the sidelines of the World Economic Forum in Davos, Switzerland.

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4 tips for making smarter spending decisions

Future CFO

When you think of every spending decision as an investment in your company, it’s easy to see how those choices – what to buy, where to buy it, and how to pay – present both opportunities and risks. When you’re getting the right price on the right raw materials, for example, it’s an opportunity to fuel your growth; when you’re not sure if you’re getting the prices, you negotiated or how much of your order will show up, well, that’s a risk.

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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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Tata Tech starts work on IPO to raise up to Rs 4,000 crore

CFO News

Secondary share sale to offer exit to legacy fin investors, growth equity for expansions.

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Tools to help build the bottom-line impact of your travel program

Future CFO

Today’s travel decision-makers are being asked to manage far more than travel. For starters, the internal team keeping an eye on your company’s tight travel budget has probably grown. At the same time, you may be facing greater restrictions, a continuously evolving travel environment, and fears of inflation and recession – and let’s not forget: You’re still responsible for an entire travel program and a team of travellers.

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SC stops short of staying CCI order, to hear Google today.

CFO News

The apex court said the National Company Law Appellate Tribunal (NCLAT) - while asking the tech giant to deposit 10% of Rs 1,337.76 crore penalty for alleged anti-competitive practices - had not “really looked” into its application for a stay on the antitrust order of October 20.

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Global economy might lose 7% of GDP due to fragmentation

Future CFO

The global economy might lose up to 7% of GDP as a result of fragmentation, said IMF recently in a new report. The longer-term cost of trade fragmentation varies from 0.2% of global output to almost 7%, which is about the combined annual output of Germany and Japan, the fund said. However, the full impact would likely be even larger, IMF warned. The global economy could lose up to 12% when estimates include the technological disconnect between regions, IMF said.

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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.