Fri.Jan 06, 2023

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Business too Small for a Bonus Plan? Maybe not…

Focus CFO

I recently talked with a business owner that thought their business could not afford an incentive plan for its employees. It was just too small and too early since it was a startup. His observation was that other business owners had tried bonus plans and had less than successful results. Do you feel the same way about your business? Should this really be the case?

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How CFOs can purge quiet quitters

CFO Dive

As finance leaders grapple with labor shortages and talent woes, establishing a strong culture of performance management is key, a Stanton Chase executive says.

Finance 330
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Trending Sources

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How Businesses Should (and Shouldn’t) Respond to Union Organizing

CFO News Room

Picture this: You’re the proud CEO of a successful company, known for being a great place to work, and you open the news to find that your biggest competitor’s workforce is unionizing. You knew about the new wave of organized labor, but you never thought it would happen in your industry. Now you start to wonder if you might be next. It’s a reasonable concern.

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4 CFO trends to watch in 2023

CFO Dive

Fed efforts to curb inflation, an imbalance in the demand and supply of workers and clarification of accounting standards are among the CFO trends this year.

CFO 284
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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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17 Best Ways to Invest $2,000 to $3,000

CFO News Room

Having $2,000 to $3,000 to invest is a good feeling, but how you allocate those funds can impact your finances more than you might realize. Where investing your small nest egg and adding to it regularly can lead to significant returns over time, stuffing $2,000 to $3,000 in cash under your mattress can mean losing money to inflation over time. Before you decide where to invest $2,000 to $3,000, think about when you’ll need the money.

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Weekend Reading For Financial Planners (Jan 7-8)

CFO News Room

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the Securities and Exchange Commission (SEC) has received significant pushback from investment adviser and financial industry trade groups to the regulator’s recent proposal that would establish formalized due diligence and monitoring obligations for investment advisers that outsource certain advisory functions.

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Billionaires Index

Barry Ritholtz

Source : Bloomberg Billionaires Index. I was in the midst of my analysis of how the Fed would react to softening wage gains in the NFP data, when the markets exploded 2.5% higher. The Fed is very concerned that the perennially underpaid median worker has been seeing wage increases. The past few years follows 3 decades of lagging income. It kinda killed my motivation to write yet another pierce discussing Fed actions.

Marketing 124
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Construction Industry Looks to 2023

CFO News Room

As 2022 closes and 2023 begins, we spoke with the members of our senior sales team for the construction industry to get their thoughts on the challenges construction companies will face in the new year. These four gentlemen, Brad Bullock, Justin Mock, James Seela, and Tom Tornee have over 85 years of combined experience in the construction industry, and over 35 years with CCG (that’s a lot of experience).

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Short Squeezes: A Four-Factor Model

CFA Institute

To identify whether a stock might become the target of a short squeeze, there are four criteria to keep in mind.

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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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Job growth strong in December as wage growth slows

CFO News Room

Posted January 6, 2023 at 9:44 am by EPI Staff. Below, EPI economists offer their initial insights on the jobs report released this morning, which showed 223,000 jobs added in December and wage growth slowing. . From EPI senior economist, Elise Gould ( @eliselgould ): Read the full Twitter thread here. Notable gains in the payroll survey for December were in education+health and leisure+hospitality, rising 67k over the month.

Education 130
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India's GDP may grow 7.0% this fiscal, first advance estimates show

CFO News

India's economy is expected to grow 7.0% in the current financial year, according to the first advance estimates by the National Statistical Office (NSO) released on Friday. New Delhi had pegged India's growth at 8.7% in the last fiscal year that ended March 31, 2022. The RBI had projected the real GDP growth for 2022-23 at 6.8 per cent, with the third quarter at 4.4 per cent and the fourth at 4.2 per cent.

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Services-Sector Sees a Plunge in New Orders in December

CFO News Room

The Institute for Supply Management’s NMI composite services index decreased to 49.6 percent in December, sinking 6.9 points from 56.5 percent in the prior month. December was the first drop below the neutral 50 threshold following 30 consecutive months of expansion for the services sector (see top of first chart). The December ISM surveys suggest a contraction in the services and manufacturing sectors, a very ominous sign should the results persist in the coming months. .

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Weekend Reading For Financial Planners (Jan 7-8)

Nerd's Eye View

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the Securities and Exchange Commission (SEC) has received significant pushback from investment adviser and financial industry trade groups to the regulator’s recent proposal that would establish formalized due diligence and monitoring obligations for investment advisers that outsource certain advisory functions.

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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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December’s jobs report fuels optimism that the economy could still pull off a soft landing

CFO News Room

A “Now hiring” sign is displayed on the window of an IN-N-OUT fast food restaurant in Encinitas, California, May 9, 2022. Mike Blake | Reuters. December’s strong job growth combined with slowing wage inflation is fueling optimism that the economy might just see a soft landing. But economists disagree on whether that will be the case, given that a strong jobs market could continue to ignite price increases in the service sector and keep the Federal Reserve raising interest rates

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Have Central Bank Interventions Repriced Corporate Credit? Part 2

CFA Institute

Is there evidence of an ECB put in European credit markets?

Banking 88
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India’s Middle Class Needs Free Trade

CFO News Room

Sadanand Dhume writes a biweekly column on India and South Asia for WSJ.com. He focuses on the region’s politics, economics and foreign policy. Mr. Dhume is also a resident fellow at the American Enterprise Institute in Washington, D.C. Previously he worked as the New Delhi bureau chief of the Far Eastern Economic Review (FEER), and as Indonesia correspondent for FEER and The Wall Street Journal Asia.

Economics 100
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vcfo’s Top 10 Expert Articles in 2022

VCFO

As we enter into 2023, here is a look back at some of the toughest challenges that our clients and consultants faced last year: A Simple Test for Business. This single, simple test converts expenses, performance metrics, and a wide range of other decisions to easily comparable elements. Eleven Factors for Improving Employee Retention. With unprecedented competition for talent, employers should pay attention to these factors for better employer retention.

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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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What Marketers Need to Know About the FTC’s Updated Guidelines on Health Claims

CFO News Room

Federal Trade Commission guidelines for advertising health-related products just got a big refresh—and they could be a rude awakening for marketers making overzealous claims about products such as supplements or health apps. . The agency in late December published its “ Health Products Compliance Guidance” to update and replace its 1998 guidance titled “Dietary Supplements: An Advertising Guide for Industry.

Marketing 100
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Data Update 1 for 2023: Setting the table!

Musings on Markets

In my last post, I talked about the ritual that I go through every year ahead of my teaching each spring, and in this one, I will start on the first of a series of posts that I make at the start of each year, where I look at data, both macro and company-level. In this post, I will provide a motivation, if you need one, for why I create and share the data updates, followed up by a description of my data sample, which includes publicly traded companies listed and traded across the world, as well a

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Optional I-T for low-income bracket: FM

CFO News

The minister said along with the old tax regime, the government has come up with a parallel system which has no exemptions, but with simpler and more favourable tax rates.

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Construction Industry Looks to 2023

Commercial Credit Group

As 2022 closes and 2023 begins, we spoke with the members of our senior sales team for the construction industry to get their thoughts on the challenges construction companies will face in the new year. These four gentlemen, Brad Bullock, Justin Mock, James Seela, and Tom Tornee have over 85 years of combined experience in the construction industry, and over 35 years with CCG (that’s a lot of experience).

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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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Torrent bids ?8,640 cr upfront for Reliance Capital

CFO News

Torrent and Hinduja have structured their resolution plans such that the net present value (NPV) is pegged at the respective bids they made at the December 21 auction. This is done to comply with the terms of the auction, the people said.

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It’s GLD, b*tch!

The Reformed Broker

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, JC Parets, Steve Strazza, and Downtown Josh Brown discuss why JC is bullish precious metals, Bitcoin’s make or break moment, what Warren Buffett’s buying, value vs growth, and MUCH more. You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

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Dabur India warns of margin hit on currency woes, inflation

CFO News

Dabur India warns of margin hit on currency woes, inflation

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: • Will Remote Work Continue in 2023? With recession worries growing, power may shift back to employers and threaten perks gained during the pandemic. ( Bloomberg ). • The billionaire vibe shift : It was the year the billionaires showed who they really are. ( Vox ) see also The ultrarich are getting cozy in America’s tax havens at everyone else’s expense : More states are slashing or eliminating taxes, lessening the burden mostly for the wealthy.

Education 107
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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.