Fri.Aug 18, 2023

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How ERP Improves Client Relationships at Professional Services Firms

Navigator SAP

At the heart of almost every successful professional services firm is good client relations. Happy clients equal more revenue and less churn, which is just good business. That’s why more professional services firms are now adopting enterprise resource planning solutions (ERP).

Planning 226
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FASB to revisit accounting priorities

CFO Dive

Some critics say the FASB’s guidance does not always yield the kind of financial transparency investors need to analyze fast-changing modern companies.

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Trending Sources

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NFRA Chair says if CFOs and audit committees are careful, frauds can be prevented

CFO News

Getting into overdrive after repeated incidences of corporate misgovernance, NFRA has so far barred 25 auditors in the last year along with fines which include auditors from Coffee Day India, ASRMP & Co, Sundaresha & Associates, and Bartronics among others.

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Finance leaders fight to lure tech-savvy staff: Selby Jennings exec

CFO Dive

Flexible tech-first opportunities are the key to luring Gen Z talent to one’s finance department, Selby Jennings’ Ben Hodzic says.

Finance 238
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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Businessweek: Five Ways the Fed’s Deflation Playbook Could Be Improved

Barry Ritholtz

I have a new column out in Businessweek , just in time for the Federal Reserve meeting in Jackson Hole. It is a congratulatory open letter to Federal Reserve Chairman Jerome Powell and the rest of the Fed on beating inflation: Dear Jay, Mazel tov! You beat inflation and avoided a recession. Revel in the sweet taste of victory as you fly-fish with other central bankers at the annual symposium in Jackson Hole, Wyoming.

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NFRA chief says CFOs must ensure fair accounts, engage with auditors

CFO News

Nfra: Ajay Bhushan Pandey's comments come in the backdrop of recent resignations by auditors.

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Stop asking random people stupid questions

The Reformed Broker

Barry’s new piece for Bloomberg is really good. I had a good laugh at this section: Inflation Expectations Surveys Are Useless The world is more complex, random and global than ever before. Multiplying unknowns have made economic forecasting even more difficult. But for hilariously wrong predictions, nothing beats surveying random people about where they think inflation will be in five years.

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Navigating Financial Uncertainty: How Fractional CFOs Help Steer the Ship

Adam Kae

Understanding the Challenges of Financial Uncertainty Ahoy there, fellow captains of the small business world! Ready to set sail on the tempestuous seas of financial uncertainty? Don't worry, you're not alone in this voyage. CFOAdam is here to guide you. As an experienced Fractional CFO, I've weathered many a storm alongside small business owners, guiding them through choppy waters and helping them find their financial North Star.

CFO 52
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The Year Everyone Got Wrong

The Reformed Broker

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Eric Balchunas, Jeremy Schwartz, and Downtown Josh Brown discuss the magnificent seven, the bond market, defined outcome ETFs, inflation, the spot bitcoin ETF saga, 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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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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TAQA looks to bet big on Adani’s power business with $2 billion investment

CFO News

Abu Dhabi National Energy Co. (TAQA) is considering investments of $1.5-2.5bn in Gautam Adani's power businesses, including thermal generation, transmission, clean energy, and green hydrogen. At present, TAQA is looking to buy up to 19.9% of Adani Energy Solutions, originally Adani Transmission, for approximately $2.2bn at current prices. Whilst talks have taken place about investing in other Adani Group firms, Adani Energy Solutions reportedly has maximum synergy with TAQA for a strategic allia

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Shared services raise the efficiency of the finance function

Future CFO

Shared services consolidate business operations that are used by multiple parts of the same organisation. In the finance function, basic accounting processes like accounts payable, payroll and purchasing are often allocated under the shared services model. This allows the organisation’s core finance and accounting (F&A) operations to concentrate on more strategic work, such as financial analysis and planning.

Finance 52
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NCLAT allows engine lessor ELFBV to inspect four engines leased to Go First

CFO News

"We are of the view that the order of the NCLT in refusing inspection need not be approved," NCLAT stated in its order. The appellate tribunal also asked that the case be decided by the National Company Law Tribunal as early as possible.

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: • Most stocks are bad for your wealth : Bessembinder’s new paper finds that a full 58.6 per cent of US stocks since 1926 reduced rather than increased shareholder wealth. He also updated his global work in March. The proportion of stocks losing money over the last three decades? In around half of markets more than half of stocks lost their owners money on a buy-and-hold-with-dividends-reinvested basis.

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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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Barclays names new CEO, COO in reshuffle of key India market

CFO News

Among Barclays’ global units, India ranked fourth by revenue last year, trailing only the UK, US and Ireland. The firm’s turnover in India has more than tripled in almost 10 years, outshining the performance of other key markets in Asia like Singapore or Hong Kong.

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Jio Financial Services to be listed on August 21

CFO News

Jio Financial Services (JFS), the financial arm of Indian conglomerate Reliance Industries, aims to provide simple, affordable and innovative digital first solutions. The JFS is all set to be listed on the stock exchanges on August 21.

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Ensure true and fair accounts, empower auditors: NFRA Chair tells CFOs

CFO News

The CFO is the preparer of accounts and there is a certain responsibility, which is cast under the Companies Act, Ajay Bhushan Pandey said at ETCFO Conclave Turning Point.