Mon.Jan 30, 2023

article thumbnail

What's a static budget? Here's what you need to know

Cube Software

Static budgeting is a popular method to keep track of a company's revenues and expenses.

article thumbnail

Accountants may underestimate impact of Fed tightening: survey

CFO Dive

“Further monetary tightening appears inevitable,” the ACCA and IMA said as the Federal Reserve prepared for a two-day policy meeting beginning Tuesday.

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

The Fed should stand pat on further interest rate hikes at this week’s meeting: Inflation is easing even as the labor market remains strong

CFO News Room

Inflation and all of its main drivers sharply decelerated in the last half of 2022. This was the case even though the pace of economic growth accelerated in the second half of the year and unemployment remained very low. The Federal Reserve’s “dual mandate” is meant to balance the risks of inflation versus the benefits of fast growth and low unemployment.

Marketing 130
article thumbnail

Battling SEC, crypto firm Gemini picks new finance head

CFO Dive

Gemini’s new finance chief takes the helm as the cryptocurrency sector faces increased scrutiny from regulators. Its partner Genesis filed for Chapter 11 bankruptcy protection this month.

Finance 268
article thumbnail

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

article thumbnail

Bitcoin Mining and Local Stock Market Performance Correlations

CFA Institute

Is there a relationship between where bitcoin is mined and how the performance of the local equity markets correlated with bitcoin prices?

Marketing 126

More Trending

article thumbnail

Simple, But Hard

Barry Ritholtz

We live in an age of contextless slogans. It is the stock in trade of Instagram Influencers, TikTok Investors, and grinding side hustles. It’s a new flavor of b t designed to sell unwitting dupes some garbage product or worse, a destructive half-assed philosophy. In 2020, all you had to do was Hodl Meme stocks; In 2021, it was day trade your way to wealth; before that, just be a Crypto bro, or you can “ Have fun being poor !

Economics 122
article thumbnail

Sleep Number on hunt for new CFO

CFO Dive

The company’s chief human resources officer is moving into the CFO role temporarily.

Numbers 256
article thumbnail

Fintech companies ask RBI for clear first loss default guarantee framework

CFO News

While most want FLDG structures between regulated cos, some eye securitisation structure for unregulated.

98
article thumbnail

5 questions for CFOs before selecting subscription KPIs

CFO Dive

Selecting the right subscription KPIs is imperative for CFOs looking to drive shareholder value.

130
130
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

Economic survey pegs 2023-24 growth at 6-6.8%

CFO News

​​The economy is estimated to grow 7% in the current fiscal year that ends March 31 as compared to the 8.7% growth recorded in the preceding year.

article thumbnail

Data Update 3 for 2023: Inflation and Interest Rates

Musings on Markets

If 2022 was an unsettling year for equities, as I noted in my second data post, it was an even more tumultuous year for the bond market. The US treasury market, considered by some still as a safe haven, was anything but safe or a haven, especially at the long maturities, as long term rates soared, with inflation (not the Fed) being the key driver. As a result, treasury bond investors faced one of their worst years in history, losing close to a fifth of their principal, as bonds were repriced.

article thumbnail

Egg-cellent Insights: From Farm to Table

E78 Partners

Vital Farms , a provider of ethically produced pasture-raised eggs and butter, partnered with E78 Partners to revamp their Enterprise Data Management – Streamlining the process of extracting and organizing the data they rely on every day to build scalable and real-time insights for years to come. The Challenge Managing the data from 200+ pastures home to 2.5 million hens is not an easy task, and distilling that into real-time insights can be next to impossible without a cohesive process to

article thumbnail

FutureCFO Excellence Awards 2023 finalists unveiled

Future CFO

Deloitte listed talent, performance and growth as the priorities of finance leaders in 2022. Among finance leaders, the commonality we hear are goals that include developing digital skills, restructuring/reframing finance to support a digital-first, digital-native enterprise, further improving flexibility of budgeting and finance recognising the uncertainty of what lies ahead and improving the return on enterprise-wide digital investments.

SAP 52
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

Expecting slowdown in Indian economy to 6.1% in 2023 from 6.8% in 2022, says IMF

CFO News

“Growth in India is set to decline from 6.8% in 2022 to 6.1% in 2023 before picking up to 6.8% in 2024, with resilient domestic demand despite external headwinds,” the IMF said in its World Economic Outlook Update of January 2023.

article thumbnail

CFOs in China should take up bigger role in digital transformation

Future CFO

CFOs in China need to take up a bigger role when it comes to digital transformation, said Deloitte recently when releasing results of a survey. According to the company, Deloitte China CFO Program conducted the survey in September with the theme "CFO leadership in the age of digital intelligence” and the respondents are CFOs from the Chinese mainland, Hong Kong SAR and Macau SAR from a wide range of industries including energy, resources, and industrials; financial services; technology, media, a

article thumbnail

India economic survey likely to peg 2023-24 growth at 6-6.8%: Source

CFO News

The government survey is likely to say that growth is seen at 6.5% for 2023-24 under the baseline scenario, the person said, declining to be named since the matter is confidential. Nominal growth is likely to be forecast at 11% for 2023-24, the source added.

article thumbnail

CFOs – Masters of people, tech and finance skills

CFO Talks

By Jeff Ryan , MD of AWCape , a Platinum Sage business partner for HR, payroll and financial solutions Higher levels of automation in the finance department are clearing the way for chief finance officers (CFOs) to expand their role beyond number crunching and compliance gatekeeping to providing data-driven strategic advice to the other members of the C-suite.

Finance 52
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

Adani Group plans independent audit of group companies

CFO News

The audit will be commissioned after the group's unit, Adani Enterprises Ltd, completes its follow-on public offering, based on which legal options will be decided, the report said, citing two people with direct knowledge of the matter.

article thumbnail

Focus on Growth or De-risking in 2023?

Focus CFO

A new U.S. Bank survey of large-company CFOs has found that, as new challenges loom- from inflation to the effects of the war in Ukraine - many CFOs are shifting their priorities. The survey results indicated that many financial leaders are focusing on risk and cost management and away from growth.

article thumbnail

Economic Survey to be presented today; All you need to know about the pre-Budget survey

CFO News

The Economic Survey for 2022-23 will be released on Tuesday, January 31. It will be presented by finance minister Nirmala Sitharaman in the Parliament during the Budget Session. The release will be followed by a press conference held by the Chief Economic Advisor along with other senior officials of the finance minister.

article thumbnail

#238 – The Treasurers Have Spoken, Episode 3: Survey Results on SCF & Cash Conversion Cycle Solutions

Strategic Treasurer

Episode 238 The Treasurers Have Spoken, Episode 3: Survey Results on SCF & CCC Solutions In this third episode in our series covering the 2022 Analyst Report, Craig Jeffery and Paul Galloway of Strategic Treasurer discuss key points and implications of the current treasury technology landscape. This week, we are focusing on supply chain finance and cash conversion cycle solutions.

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

Inflation in India expected to come down to 5 pc in 2023 and 4 pc in 2024: IMF

CFO News

Global inflation is set to fall from 8.8 percent in 2022 (annual average) to 6.6 percent in 2023 and 4.3 percent in 2024 -- above pre-pandemic (2017-19) levels of about 3.5 percent, it said.

52
article thumbnail

Report automation made easy & the best report automation tools in 2023

Cube Software

Reporting is a time-consuming task with the right tools.

52
article thumbnail

Budget 2023 : How FM Nirmala Sitharaman has kept in tune with changing times

CFO News

From introducing a 'bahi khata' to carry the Budget documents in her maiden Budget and then shifting to a tablet in sync with the 'Digital India' push, Sitharaman has emphasised the emergence of a self-reliant nation.

article thumbnail

Let’s take a look back at IVOL, a once-hot inflation-fighting ETF

Tips Watch

By David Enna, Tipswatch.

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.