Fri.Feb 17, 2023

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Visa CFO to exit

CFO Dive

Vasant Prabhu, the company’s chief financial officer since 2015, will leave Visa in September, the company said Thursday.

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From Simple Accounting Through Billion Dollar Business: How the Right ERP Can Support Growth for Consumer Products

Navigator SAP

The consumer products industry is not easy. On the one hand, social media and online marketplaces have made it easier than ever to find consumers and get started. But on the other hand, these same dynamics have increased competition. Only the most organized and focused consumer packaged goods firms find success.

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Trending Sources

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Accounting firms zero in on efficiences

CFO Dive

The narrative has changed this year, with the drive for efficiency replacing talent as the top priority for accounting firms.

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: • It’s a Richcession, Not a Recession. Most economic downturns hit lower-income Americans hardest, but this time is different. The stock market’s winners and losers will be different too. Here’s your investing playbook. ( Wall Street Journal ) • From Math Camp to Handcuffs: FTX’s Downfall Was an Arc of Brotherhood and Betrayal : Gary Wang and Sam Bankman-Fried are offering dueling accounts of the FTX fiasco and of who’s ultimately to blame. ( Bloomberg ) s

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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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CEOs expect recession but pessimism eases from Q4

CFO Dive

The Conference Board found in a survey that the outlook among CEOs has brightened compared with the final three months of last year.

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More Trending

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DoorDash shuffles CFO to COO

CFO Dive

DoorDash said it will move its current CFO to its COO position and swap in its vice president of finance and strategy for the top financial seat.

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Weekend Reading For Financial Planners (Feb 18-19)

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 SEC is proposing to expand the adviser custody rule beyond securities and funds to cover all assets in a client’s portfolio, including private securities, real estate, derivatives, and cryptoassets.

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Hasbro profits take hit amid ‘challenging’ climate

CFO Dive

The company’s disappointing fourth-quarter revenues highlight the ongoing risks that inflation poses to the bottom lines of many U.S. companies.

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Raise GST exemption threshold to Rs 1.5 cr, do away with state-wise registration of biz: GTRI

CFO News

The reduced load-on system will allow the GSTN to introduce an invoice-matching concept, resulting in 100 per cent compliance and solving the problem of fake invoices and tax theft. The increased tax collection will adequately compensate for the 7 per cent tax loss, economic think tank GTRI said.

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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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Financial services, Black America and the evolution of DEI

CFO Dive

Despite the rise of corporate diversity initiatives, Christopher Johnson writes systemic hurdles still keep many minorities from working in finance.

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Can Tracking Error Boost Index Funds’ After-Tax Returns?

CFA Institute

Do index funds with lower tracking error have better or worse post-tax performance?

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RWM Is Coming to Chicago!

Barry Ritholtz

 ` The Ritholtz Wealth Management crew is coming to Chicago! During the week of March 6th, we are seeing prospective clients and advisors in the Chicago area! Come chat with Josh Brown, Mike Batnick, Ben Carlson, Bill Sweet, Kris Venne, Tadas Viskanta, and three of our Chicago area advisors. Spots are limited, so if you want in, please contact us ASAP.

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Decoding the Crypto Mindset with NLP: Bitcoin, Reddit, and FTX

CFA Institute

How how does crypto investors' reliance on social media drive crypto market behavior?

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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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ET GBS: Super optimistic about India, say global CEOs

CFO News

“I'm super optimistic about India … there is no other place in the world where we have invested more than in India over the past 20 years. India is the epicentre of faster transformation, faster growth,” said Jean-Pascal Tricoire, chairman of Germany’s Schneider Electric that employs 35,000 people in India now.

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What Makes a Successful Private Equity CFO?

Beacon CFO Plus

by Rob Joseph, Director, BeaconCFO Plus Understanding the Forward-Thinking CFO In 2019, a survey by Deloitte— Role of the CFO, Private Equity —reported the turnover rate for a private equity CFO is greater than 80 percent. A private equity firm will assess the best interests of its company and investors when deciding whether or not to replace their CFO—and this usually comes down to the basics.

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Tata Motors VP Rajan Amba appointed as MD of Jaguar Land Rover India

CFO News

Amba will be taking up his new position in JLR from 1st March 2023, as per ETAuto sources.

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Is Warren Bowie & Smith a Safe Broker? Review 2023

Financial Analyst Insider

This post was contributed by Warren Bowie & Smith, this is not financial advice. If you have been curious about the Warren Bowie & Smith The post Is Warren Bowie & Smith a Safe Broker? Review 2023 appeared first on Financial Analyst Insider.

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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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Governance reimagined since 2014: PM Modi at ET GBS

CFO News

Addressing the seventh edition of the Economic Times Global Business Summit in the Capital on Friday, the Prime Minister said previous dispensations were aware of people’s problems but had a “mai-baap” attitude toward them.

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High Conviction

The Reformed Broker

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Jay Woods, Dan Russo, and Downtown Josh Brown discuss the New York Stock Exchange, technical analysis, the Dow Jones Transportation Average, Bitcoin, recession calls, stock/bond correlation, what drives Elon Musk, 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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ET GBS: Global economy not out of the woods yet, says 43rd US treasurer Rosie Rios

CFO News

In her presentation at the Global Business Summit, Rio added that the downturn faced by global economies since 2022 is very different from what happened in 2007-08. For instance, the unemployment rates in the US in 2022 stood at 3.5% against 8% during the 2008 crisis. However, the inflation rates are much higher in the current downturn at 6.5% in 2022 compared to 0.2% in 2008.

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203: Jeandre de Greef

CFO Talks

1X ‘ The harder you work, the more it pays off’ Welcome to the CFO Club Africa podcast, where we interview leading CFOs from Africa and beyond. CFO Club Africa is a division of the Chartered Institute of Business Accountants, the professional body for business accountants, financial managers and chief financial officers. Go to www.cfoclub.co.za and join our community of accounting and finance executives.

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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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Adani-Hindenburg issue: SC reserves order on appointment of committee

CFO News

Adani-Hindenburg issue: The Supreme Court on Friday reserved its order on the appointment of a committee to probe the Adani-Hindenburg row. In a bid to soothe the anxious nerves of investors, billionaire Gautam Adani's embattled conglomerate said its balance sheet is "very healthy" and is laser-focused on continuing business momentum.

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Do you have a will?

Creative CFP

Death is one of those inevitable life occurrences that affect everyone yet still catches one off guard. In the event of the passing of a loved one, having a will in place provides certainty, security, and clarity of who should be the beneficiaries of your estate. It could be so that you already have a will, but when last was it revised? It is critical to update it regularly, especially after a significant life event such as a birth, death, marriage,divorce, or any major asset purchases.

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Demand for mass-priced products under pressure due to inflation

CFO News

“People earning between 15,000 and 35,000 in a month are under pressure of inflation because their shopping basket is largely food and essentials such as pulses, oil and vegetables. Their basket price actually increased by 30-35% due to inflation,” Lalit Agarwal, chairman of hypermarket chain V-Mart, told ET.

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Supreme Court to set up panel on investor protection regime on its own

CFO News

The court will select the committee's members on its own, said a bench headed by Chief Justice DY Chandrachud. The apex court is hearing public interest litigation (PIL) on the Hindenburg Research report into the Adani Group and the impact it has had on investors.

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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.