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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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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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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More Trending

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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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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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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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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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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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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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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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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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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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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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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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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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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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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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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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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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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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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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Accounting Software and ERP Readiness Guide

In this white paper, we explore the factors to consider in deciding whether the time is right for your Company to consider a new ERP or accounting software, the total cost of ownership and plans necessary to make the potential leap to these systems.

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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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HUL to sell Annapurna and Captain Cook to Reactivate Brands International for Rs 60 crore

CFO News

The brands, which posted annual sales of Rs127 crore during FY22, are being sold to Uma Global Foods Pte Ltd., and Uma Consumer Products Private Ltd. which are subsidiaries of Reactivate Brands and an affiliate of CSAW Aqbator Pte Ltd which is focused on acquiring and scaling up food brands to promote affordable wellness.

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India's exports may rise by 3-5 pc this fiscal: FIEO

CFO News

Sakthivel said that FIEO in its continuous endeavour to handhold and mentor the exporting community and thereby promoting India's exports is celebrating its 58th Foundation Day on February 19. The celebrations will start with several key Capacity Building Programmes organised across the country under One District One Product and District as Export Hub initiative of the government.

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.