Mon.Nov 14, 2022

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CFO FP&A Close-up: modern planning and analysis

CFO Dive

In today’s uncertain economy, strategic planning and analysis is more important — and difficult — than ever. CFOs need to set priorities to get the most out of their FP&A teams.

Planning 294
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How To Hire And Train An Associate Advisor For Your RIA

CFO News Room

Executive Summary. In the not-so-distant past, the typical career path toward becoming a financial advisor was to build up a book of business on one’s own, often by either tapping into one’s own personal networks or cold-calling prospective clients in bulk to generate enough business to gain a foothold. But the obvious flaw with this ‘eat-what-you-kill’ model was that newer advisors overwhelmingly succeeded or failed – not by virtue of the quality of advice they gave to their clients, but by how

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Trending Sources

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5 ways to cut waste in cloud spending: McKinsey

CFO Dive

Companies will probably increase cloud computing budgets by more than 20% next year even as they waste as much as 32% of their spending, according to surveys and analysts’ estimates.

Budgeting 269
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AIER Leading Indicators Index Remains Well Below Neutral

CFO News Room

Summary. AIER’s Leading Indicators Index held at 25 in October. The latest result is the fifth consecutive month below the neutral 50 threshold. The low readings are consistent with weakness in the economy and significantly elevated risks for the outlook. The first estimate of third-quarter real gross domestic product (GDP) came in at a 2.6 percent annualized growth rate, following rates of -1.6 percent in the first quarter and -0.6 percent for the second quarter.

Economics 130
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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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Tyson Foods board opens review of CFO’s arrest

CFO Dive

The CFO of Tyson Foods said he was “embarrassed” and apologized to investors in a manner similar to an earlier apology given to employees, noting the incident was “inconsistent” with company and personal values.

CFO 258

More Trending

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Bahamas law enforcement investigates bankrupt FTX exchange

CFO Dive

The collapse of the prominent cryptocurrency exchange coincides with SEC efforts to safeguard investors and businesses against abuses in crypto and other digital assets.

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Six Degrees of Separation

Barry Ritholtz

I wonder how far my view of the universe is from (objective) reality. My pal Dave Nadig suggests that we are all much further away from any sort of recognition of the true universe than we suspect. We chatted about this last week, and the more I thought about it, the further away from reality it turns out that we actually are. Best I can figure, we may all be at least six degrees 1 away from truly comprehending, well, anything: 1.

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US public companies seek assurance over ESG disclosures as investor demand grows

CFO Dive

Amid upcoming regulatory action, a new analysis found that the majority of public companies are reporting ESG information and increasingly, seeking assurance.

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Payment methods in the sale and purchase of a company: the Earn-out Clause

One to One

The post Payment methods in the sale and purchase of a company: the Earn-out Clause appeared first on ONEtoONE Corporate Finance.

Sales 116
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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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Macau Under Spotlight Amid U.S. Inspections of China-Based Audits

CFO News Room

A recent agreement between Washington and China allowing U.S. accounting regulators to inspect China-based audits is raising questions about the role of unregistered auditors in the Chinese gambling enclave of Macau, where several U.S.-listed casino businesses operate. Auditors typically assemble a team involving several outside auditors, usually individual accountants or accounting firms, as their clients often operate globally.

Auditing 100
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Hiring Next-Gen Associate Advisors: A Guide To Recruiting, Training, And Retaining For Your RIA

Nerd's Eye View

In the not-so-distant past, the typical career path toward becoming a financial advisor was to build up a book of business on one’s own, often by either tapping into one’s own personal networks or cold-calling prospective clients in bulk to generate enough business to gain a foothold. But the obvious flaw with this ‘eat-what-you-kill’ model was that newer advisors overwhelmingly succeeded or failed – not by virtue of the quality of advice they gave to their clients,

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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • Big Investors Are Giving Up on Crypto Markets Going Mainstream : Bitcoin as a portfolio diversifier hasn’t worked for investors Crypto won’t ‘find a home in institutional asset allocation’. ( Bloomberg ). • Good News is Good News : Good News ( Irrelevant Investor ) but see also Move Over, Inflation: Here Comes the Earnings Crunch : Even as markets delight in the prospect of smaller rate increases from the Federal Reserve, earnings are becoming more of

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Selling Your Medical Practice: Guidance for Physician Owners

Focus CFO

Thinking about selling an interest in your medical practice and associated businesses?

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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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How CFOs can retain digital talent

Future CFO

Building a strong sense of belonging is how CFOs can retain digital talent, said Gartner recently. Digital talent has very distinct priorities from core finance talent, and often feels alienated and is therefore more likely to be looking for other roles as a result, the advisory firm noted. Gartner defines digital talent as the individuals with the experiences and competencies required to drive digital finance transformation and operate in a digital environment. .

Finance 52
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Financial Elevation Group: Answers To EVERY Financial Question You've EVER Had About Your Business

Adam Kae

Have You Ever Asked Yourself the Following Question: "Where did all of my profit go?". This is the top question I've been asked in my professional life. The most common answers: Owner Distributions. Loan Payments (Including Credit Cards). Asset Purchases. The common link between those 3 answers? They all reside on the Balance Sheet and not the Profit and Loss Statement.

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#227 – Top AP Challenges All Center Around Efficiency: 2022 B2B Payments Survey Results

Strategic Treasurer

Episode 227. Top AP Challenges All Center Around Efficiency: 2022 B2B Payments Survey Results. Join this discussion as host Craig Jeffery sits down with Paul McMeekin for a conversation on reducing fraud and enabling payments for businesses. They also cover several key points from the 2022 B2B Payments Survey report. . Paul McMeekin is VP of Marketing, Paymode-X for Bottomline Technologies.

B2B 52
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Check Your Company’s Oil

CFO Simplified

Seven-point maintenance checklist to tune your business engine for success. I like highly tuned sports cars. There is a certain visceral pleasure at hearing that engine roar, or, taking it to the track and feeling that acceleration and cornering at high speeds. And I also like a highly tuned company. One that has controlled costs, solid profit margins, reliable employees and a growing bottom line.

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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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FCF Biotech Venture Capital Monitor – USA 09/2022 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Biotech Venture Capital Monitor – USA 09/2022”. The Monitor is a monthly published overview of venture capital trends in the US-Biotech sector. As. Read more. The post FCF Biotech Venture Capital Monitor – USA 09/2022 published appeared first on FCF Fox Corporate Finance GmbH.

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In Supplier Negotiations, Lying Is Contagious

CFO News Room

Being deceptive — or not totally honest — in negotiations is fairly common. But two experiments found that it can have a harmful effect: It can spread in an organization. This article discusses the research findings and offers measures that can curb the practice of potentially contagious excessive deception. Imagine you’re trying to strike a deal with a supplier or you are a supplier trying to strike a deal with a potential customer and the other company’s negotiator lies to you.

B2B 100
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Oatly, Amazon, Hasbro and more

CFO News Room

A carton of Oatly brand oat milk is arranged for a photograph in the Brooklyn borough of New York, U.S., on Wednesday, Sept. 16, 2020. Gabby Jones | Bloomberg | Getty Images. Check out the companies making headlines in midday trading. Oatly – Shares of the oat-based drinks maker tumbled 11% after the company reported a larger-than-expected quarterly loss and revenue that fell short of consensus.

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Are Circumstances Now Aligned for Possible War in the Middle East?

CFO News Room

Yves here. I hope knowledgeable readers can provide a less, erm, hackneyed reading of events in the Middle East. However, this article starts out by dignifying the bizarre Wall Street Journal report of Iran considering attacking Saudi Arabia. Mind you, the Journal has been running bizarre reports about Russia in recent weeks, but that’s not too abnormal by Western press standards.

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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.