Wed.Dec 14, 2022

article thumbnail

How to Set Up Your Nonprofit Organizational Chart

The Charity CFO

A nonprofit organizational chart is essential for the company’s success and growth. The internal structure or hierarchy of the organization must be organized and efficient to ensure that there are adequate resources and personnel in place to achieve its goals and mission. A nonprofit organization chart, also known as an org chart or organogram chart, is a useful tool that is used to create a graphical representation of the structure of the organization and its various departments.

article thumbnail

FASB forges ahead on crypto disclosure requirements

CFO Dive

The board was effectively silent on the collapse of crypto exchange FTX last month but it forged ahead on its ongoing project to set new standards for digital assets.

274
274
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

SAP Business ByDesign: Setting the Record Straight

Navigator SAP

The future plans for the SAP Business ByDesign solution are strong. A recently published article has unfortunately painted an inaccurate picture of SAP's commitment to the Midmarket and Small and Medium Enterprise clients that are the right fit for a mature, stable and flexible cloud-based ERP system.

SAP 130
article thumbnail

New York Times CFO to retire in 2023

CFO Dive

The New York-based national news company says farewell to Roland Caputo as he plans to retire after 36 years.

CFO 273
article thumbnail

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

article thumbnail

2:00PM Water Cooler 12/14/2022 | naked capitalism

CFO News Room

By Lambert Strether of Corrente. Bird Song of the Day. Warbling Vireo (Eastern), St. Charles, Missouri, United States. * * *. Patient readers, I am finish up a post on WHO’s draft “Respiratory pathogens: pandemic preparedness guidance,” so you can imagine. I will return in full force tomorrow. In the meantime, talk amongst yourselves! –lambert P.S. Since we don’t have data about anything anymore, does anyone have anecdotes about the tripledemic?

Economics 130

More Trending

article thumbnail

Proposed New York state minimum wage legislation would boost wages for nearly 2.9 million workers: Minimum wages would range by region from $20 to $21.25 per hour by 2026

CFO News Room

Updated minimum wage legislation in the New York State Senate and Assembly ( S3062D / A7503C ) would secure much-needed wage increases for almost 2.9 million workers throughout the state. The proposed Raise Up New York legislation—which would index annual statewide increases to inflation and labor productivity—would help protect workers’ economic security as prices rise, and prevent inequality from widening as the economy grows.

Education 130
article thumbnail

Simplify Decision-Making For Clients By Shifting The Perspective To Their Future Selves

Nerd's Eye View

Change is difficult, and when faced with the prospect of a change, many people opt to stick with the status quo. This is even true in the case of positive changes, such as a new job opportunity or relationship: Even though it might be very likely to make the person’s life better, it represents a departure from life as usual, and there is always the risk that the change won’t work out the way it was expected to.

article thumbnail

AIER Leading Indicators Index Posts Sixth Consecutive Month Below…

CFO News Room

Summary. AIER’s Leading Indicators Index rose to 29 in November versus 25 in October. Despite the slight improvement, the latest result is the sixth consecutive month below the neutral 50 threshold. The low readings are consistent with weakness in the economy and significantly elevated risks for the outlook. Payrolls continue to expand, and consumer price increases continue at an elevated pace, both in the face of an aggressive Fed tightening cycle.

Economics 130
article thumbnail

EVs to create up to $100 billion opportunity in India by 2030: report

CFO News

By 2030, about 40-45% of all two-wheelers (2W) and 15-20% of all four-wheelers (passenger vehicles) sold in India will be electric, a report by Bain & Company said.

98
article thumbnail

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.

article thumbnail

9 Best Real Estate Investing Apps

CFO News Room

The very thought of getting into real estate investing can be overwhelming. There’s a lot of work involved in finding the right property, not to mention the many expenses involved with purchasing real estate. On top of this, you have to worry about finding good tenants and being a landlord. . You can avoid the hassle and the expense by joining one or more real estate investment apps.

article thumbnail

Lack of investor trust an issue in sustainability reporting

Future CFO

When it comes to corporate sustainability reporting, there’s a lack of investor trust issue, said PwC recently when releasing results of its 2022 Global Investor Survey. In September and October 2022, the survey collected responses from 227 investors and analysts across 43 territories/countries globally, according to the firm. While investors see inflation (67%) and macroeconomic volatility (62%) as the biggest threats facing business over the next 12 months, 44% of the investor community survey

article thumbnail

Encourage Clients To Take Action By Asking Their Future Self

CFO News Room

Executive Summary. Change is difficult, and when faced with the prospect of a change, many people opt to stick with the status quo. This is even true in the case of positive changes, such as a new job opportunity or relationship: Even though it might be very likely to make the person’s life better, it represents a departure from life as usual, and there is always the risk that the change won’t work out the way it was expected to.

Planning 130
article thumbnail

Service sector emerges as highest employment generator this year: Survey

CFO News

The report states that hiring is expected to continue across sectors in 2023. Real estate, banking, renewable energy, healthcare and IT will be actively hiring in the coming year at around 15%. Employment in the automobile sector and FMCG industry is expected to grow at nearly 12% and 10% respectively.

article thumbnail

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.

article thumbnail

Toward Fairer Data-Driven Performance Management

CFO News Room

Meritocracy matters. A company that rewards talent, effort, and achievement can be expected to outperform those where nepotism, systemic biases, toxic politics, and sheer incompetence are prevalent; it’s just a matter of time. The rise of people analytics, innovations in the field of HR technologies, as well as the inevitable integration of AI and machine learning algorithms into talent management practices, are all signals of the same underlying phenomenon: a relentless quest for a more rationa

article thumbnail

Global trade surges to $32 trillion record in 2022, says UN

CFO News

Trade in merchandise goods soared to $25 trillion, an increase of about 10% versus the prior year.

52
article thumbnail

Charter Schools’ Success Makes Them a Political Target

CFO News Room

Jason Riley is an opinion columnist at The Wall Street Journal, where his column, Upward Mobility, has run since 2016. He is also a senior fellow at the Manhattan Institute and provides television commentary for various news outlets. Mr. Riley, a 2018 Bradley Prize recipient, is the author of four books: “Let Them In: The Case for Open Borders” (2008); “Please Stop Helping Us: How Liberals Make It Harder for Blacks to Succeed” (2014); “False Black Power?

Education 100
article thumbnail

G20 under India can make concrete progress in debt relief, crypto, climate finance: Gita Gopinath

CFO News

"We have a large number of low-income countries that are in debt distress. While we have the G-20 common framework to help with debt resolution, we absolutely need to improve the strength of the mechanism and to get much more timely resolution," Gita Gopinath said.

Finance 52
article thumbnail

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.

article thumbnail

SolomonEdwards and Limelight Announce New Partnership to Modernize Finance Departments

Lime Light

Philadelphia, PA – December 15, 2022 – SolomonEdwards, a leading consulting firm, and Limelight Software, a Cloud-based FP&A provider are pleased to announce the launch of their new partnership. Through this partnership, SolomonEdwards and Limelight will combine their value-added services and innovative technology to bring new efficiencies to the Office of Finance.

Finance 52
article thumbnail

India’s SME segment is going to be a driving force for India’s output, but tech penetration remains low to help it, says GoTo Inc’s CEO

CFO News

"Two trillion of India’s five trillion dollar economy ambition, 40% of the country’s output is going to come from the SMBs. The new workforce is going to come into the picture through SMEs. There is a tremendous amount of need emerging for technology and the penetration of technology in SMB is probably not that high at all.

article thumbnail

Accounts Payable: Definition and Process

CFO Share

What is accounts payable ? Have you set up a proper AP process to avoid fraud and embezzlement? Have you maximized your AP process efficiency to avoid excessive administrative expenses? . Read on to learn about the definition of AP and AP processes. What is accounts payable? Accounts payable is short-term obligations (aka bills) due to vendors for services or goods received.

article thumbnail

Govt monitoring prices and taking steps to bring down inflation, says Finance Minister Nirmala Sitharaman

CFO News

Finance Minister Nirmala Sitharaman on Wednesday said the government is constantly monitoring the price rise situation in the country and is focused to further bring down the inflation. India's retail inflation for the month of November eased to an 11-month low of 5.8 per cent dropping within RBI's tolerance band of 2-6 per cent after 10 months.

Finance 52
article thumbnail

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.

article thumbnail

Clips From Today’s Closing Bell

The Reformed Broker

Higher quality bonds will help protect portfolios in the new year, says JPMorgan’s Pandit from CNBC. The post Clips From Today’s Closing Bell appeared first on The Reformed Broker.

52
article thumbnail

Case for pause in rate hike as growth focus intensifies: Govt official

CFO News

Officials say there is growing concern in the government over a spillover from the global slowdown hurting the fragile economic recovery, and a greater need to provide support.

article thumbnail

Nonprofit Hiring Trends

CFO Selections

Current data from CFO Dive indicates that the hiring woes companies and nonprofit organizations are experiencing will continue well into 2023 (or even beyond). The question for nonprofit organizations is how do you overcome today’s challenges? Luckily, there are several key trends emerging that are enabling nonprofits to hire well despite the market’s current challenges.

article thumbnail

Fed downshifts to half-point hike, sees 5.1% rate next year

CFO News

The Federal Open Market Committee raised its benchmark rate by 50 basis points to a 4.25% to 4.5% target range. Policymakers projected rates would end next year at 5.1%, according to their median forecast, before being cut to 4.1% in 2024 -- a higher level than previously indicated.

article thumbnail

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.