Tue.May 16, 2023

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The dawn of the interim CFO

CFO Dive

With financial leadership coming at a premium, interim CFOs are having their moment in the spotlight.

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What Are the Primary Benefits of an ERP System? Exploring the Advantages

Navigator SAP

To remain competitive in an ever-changing economy, organizations must be adaptable and future-ready. The business landscape constantly evolves with new technology, consumer preferences, and market trends changing regularly. Companies must be able to react quickly and efficiently to these developments. A cloud-based enterprise resource planning (ERP) solution is critical for companies today.

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Trending Sources

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SEC fines 10 microcaps for flawed stock offerings

CFO Dive

The SEC sanctioned small companies that failed to follow rules under Regulation A, which offers early-stage businesses a low-cost way to raise capital.

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Distress Investing: A Tale of Two Case Studies

CFA Institute

Sebastien Canderle is a private capital advisor. He has worked as an investment executive for multiple fund managers. He is the author of several books, including The Debt Trap and The Good, the Bad and the Ugly of Private Equity. Canderle also lectures on alternative investments at business schools. He is a fellow of the Institute of Chartered Accountants in England and Wales and holds an MBA from The Wharton School.

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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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Disney CFO, ex-CEO named in shareholder lawsuit

CFO Dive

The 39-page court document alleges that Bob Chapek, Christine McCarthy and Kareem Daniel misled investors regarding the health of the business.

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More Trending

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US cyber insurance premiums exceeded $7.2B last year

CFO Dive

Despite sharp price increases over recent years, cyber insurance is in high demand as a risk mitigation strategy, according to Fitch Ratings.

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10 Tuesday AM Reads

Barry Ritholtz

My Two-for-Tuesday morning train WFH reads: • Miami’s Love Affair With Crypto Is Souring as Bitcoin Faithful Flock to the City : On the eve of the annual bitcoin conference, the city and its mayor have mostly moved on from crypto. ( Wall Street Journal ) but see Crypto’s Most Influential Companies Often Follow Their Own Rules — Even After FTX’s Collapse : A review of practices at 60 of the sector’s most influential companies found many lack basic guardrails. ( Bloomberg ) • The audacious plan to

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Total 2022 U.S. cyber insurance premiums exceed $7.2B

CFO Dive

Despite sharp price increases over recent years, cyber insurance is in high demand as a risk mitigation strategy, according to Fitch Ratings.

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India a 'great opportunity' in renewables for Schneider: Global CFO

CFO News

Hilary Maxson expects Schneider’s decent share of global investments in India over the next two decades.

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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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#FA Success Ep 333: Scaling A Small-Business-Owner Boutique To A $31M Retainer-Based Valuation, With Jim Dew

Nerd's Eye View

Welcome back to the 333rd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Jim Dew. Jim is the Co-Founder and CEO of Dew Wealth Management, an independent RIA based in Scottsdale, AZ, that provides virtual-family-office-style financial planning on a monthly retainer basis for 150 small-business owner entrepreneurs. What's unique about Jim, though, is how he has scaled his retainer-based boutique firm to more than $7 million in revenue, a $31 million enterprise va

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PVR Inox CFO aims 18-20% pre-covid margins in FY24 on box office revival

CFO News

Nitin Sood expects box office momentum to pick up from Q2 onwards and sees revenue at Rs 6000-7000 crore in financial year 2023-24.

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Clips From Today’s Halftime Report

The Reformed Broker

Bullish call on GE Healthcare from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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Applying Predictive Models to Reduce Readmissions, Improve Patient Care, and Save Lives

E78 Partners

The Client This large not-for-profit organization and leading provider of healthcare services in Texas, aimed to convert growing volumes of data into valuable, actionable insights. They managed diverse forms of information, including physician notes, registration forms, discharge summaries, and echocardiograms, serving an 11-county population of 1.8 million people.

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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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899: Democratizing Workforce Opportunities | Simone Nardi, CFO, Globalization Partners

CFO Thought Leader

Gray-haired late-night fans may remember when David Letterman sought to ingratiate himself with his network’s new owner, General Electric Corp., by hand-delivering a bowl of fruit to GE’s executive brass. Nearly 20 years later, Simone Nardi became a benefactor of GE’s media aspirations when he traded a senior manager position on GE’s audit team for a unit CFO role inside GE’s plus-size media holdings enterprise, NBCUniversal.

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Govt appoints Ravneet Kaur as CCI Chairperson

CFO News

The appointment of Ravneet Kaur, a 1988 Punjab cadre IAS officer, will be for a period of five years from the date of assuming charge or till the date of attaining the age of 65 years or until further orders, whichever is the earliest, as per the order dated May 15. CCI Member Sangeeta Verma has been acting as the Chairperson since October last year.

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AI for accounting: ISCA earmarks S$2M for research and implementation

Future CFO

The Institute of Singapore Chartered Accountants (ISCA) announced recently a S$2 million AI for accounting initiative. According to the accountancy body, its AI for AI (accountancy industry) initiative comes with a multi-pronged approach. Research network Tapping on its research network, ISCA said it will proactively identify strategic research projects related to AI for accounting.

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Meta's head of partnerships in India Manish Chopra steps down

CFO News

Meta's Director and Head of Partnerships in India, Manish Chopra took to LinkedIn late on Tuesday night to announce that he was stepping down from his role at the social media giant after 4.5 years. He said he would help with the transition over the next few weeks.

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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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Thursday’s 10-year TIPS reopening auction looks attractive; ignore the Treasury turmoil

Tips Watch

By David Enna, Tipswatch.com The U.S. Treasury on Thursday will auction $15 billion in a reopening of CUSIP 91282CGK1, creating a 9-year, 8-month Treasury Inflation-Protected Security.

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Rosneft sends JV feelers to PSU refiners for India unit

CFO News

The Russian firm is understood to have held preliminary discussions with Indian government officials and executives at state-run refiners regarding a new project in India, the people said. This will be separate from the Gujarat refinery that Rosneft-backed Nayara Energy operates.

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“The Need to Know Why” – Every CFO’s Greatest Credential | Russell Lester, CFO, Versapay

CFO Thought Leader

CFO GUEST: Russell Lester of Versapay Russell Lester: I remember being in the middle of transitioning out of working from multi-billion dollar companies and moving into the startup world. Smaller companies and operational work that I really had little to no prior experience and that’s a vulnerable place to be. Anytime we’re learning something new, there’s great vulnerability and there’s the potential of, and there is the certainty and potential of failure or getting some

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Banks flag high overnight rates, liquidity terms

CFO News

Indian banks have urged the Reserve Bank of India (RBI) to find a more even-handed way to distribute liquidity and narrow the gap between overnight rates and the benchmark policy rate. Due to 24/7 banking, banks have held on to cash at the RBI's Standing Deposit Facility (SDF), increasing the call rate in the call money market, where banks can make overnight financing arrangements.

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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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Transcript: Howard Lindzon

Barry Ritholtz

The transcript from this week’s, MiB: Howard Lindzon, Social Leverage , is below. You can stream and download our full conversation, including any podcast extras, on iTunes , Spotify , Stitcher , Google , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra, extra special guest.

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Care Ratings concerned about Bombay Dyeing's ability to service Rs 3597 crore debt

CFO News

Bombay Dyeing & Manufacturing’s ability to service its debt during fiscal years 2024 and 2025 has raised concerns, according to Care Ratings. Delays in raising Rs 940 crore through rights issues and asset monetisation have caused the issues. The Wadia group company has scheduled debt repayment of Rs 3597 crore between FY 24 and FY25 with scheduled payments of Rs 942 crore in FY24 and Rs 2655 crore in FY25.

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Adani-Hindenburg row: SC to hear PILs seeking probe today

CFO News

The apex court on Monday adjourned the hearing on the SEBI plea seeking a six-month extension to conclude the investigation in the Hindenburg Research's report. The bench led by the Chief Justice of India (CJI) Dr Dhananjaya Yeshwant Chadrachud and also comprising Justices P S Narsimha and J B Pardiwala adjourned the matter.

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Climate funder Sequoia Foundation on Home Ministry watch list

CFO News

In the past two years several international donors found themselves in the government’s ‘prior reference list’ (PRC) of the Foreign Contribution Regulation Act, an emergency era law that was enacted to counter foreign forces suspected to undermine political and parliamentary institutions. The statute was further tightened in 2020.

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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.