Mon.Nov 28, 2022

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CFOs must sharpen storytelling skills for boards

CFO Dive

CFOs must take on the role of storyteller when communicating with their boards as their focus shifts from growth and towards long-term sustainability in a pre-recession environment.

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Apple, DraftKings, Biogen, Williams-Sonoma and more

CFO News Room

A Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters. Check out the companies making the biggest moves midday: Apple — Apple shares fell 2% following a report that iPhone production could take a big hit due to unrest at a Foxconn factory in China, amid protests in China against the nation’s zero-Covid policy. Analysts have expressed concern about recent manufacturing interruptions ahead of the holiday season too.

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Five new rules for CFO success

CFO Dive

“Growth” means different things to different CFOs and different companies, but the one constant is about finding a way to not only protect the business and protect the finances but to also figure out what it looks like to help the business expand.

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How a Fight at Home Impacts Your Workday

CFO News Room

Past research has confirmed that negative interactions at work hurt employees’ well-being and productivity, but the time spent at work is only one part of an employee’s day. The authors’ recent research affirms that conflicts at home also negatively affect our energy and emotions throughout the workday and also shows that many employees react to their bad home experiences in a surprising way: by offering help to their colleagues.

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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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In praise of the good CFO

CFO Dive

With the holiday season kicking off, it seems a good time to remember the CFOs who are fighting to do the right thing behind closed conference room doors.

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More Trending

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Auto, manufacturing could be next in line for layoffs, IMA CFO says

CFO Dive

Between rising interest rates and global supply chain issues, the manufacturing and automobile industries may be next in line for workforce cuts.

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Employee Retention Credit – Do You Qualify?

https://trustedcfosolutions.com/feed/

The Employee Retention Credit (ERC) is a stimulus government aid program established by the CARES Act. It is a refundable tax credit – a grant, not a loan – that businesses can claim, and can recoup up to $26,000 per employee. Who is the ERC Program For? This program was created for companies that showed a decline in revenue, changes or adjustments in standard business operations, or partial/full business suspension during the Covid-19 pandemic and paid employees on W2 payroll during the years 2

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ESG score hurts credit rating for 20% of organizations: Moody’s

CFO Dive

More than half of organizations that issue speculative-grade debt faced a negative impact on their credit rating after a sustainability assessment.

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Rich Yamarone CUNY Scholarship

Barry Ritholtz

5 years ago, a dear friend unexpectedly passed away. Once his crew recovered from our initial shock, we decided to establish the Richard Yamarone Memorial Scholarship in Economics at Brooklyn College.* The driving force behind the scholarship was TBP Invictus. Art Cashin shared a reminder today: “Many of us were deeply saddened (5 yearsa go today) to learn of the sudden passing of Rich Yamarone at age 55 of complications of a cardiac event.

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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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Capture more spend and increase your corporate card rebate

CFO Dive

As financial leaders seek ways to drive revenue, they should consider shifting more spend to their corporate credit card program.

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Come meet us in Houston!

The Reformed Broker

Hey guys, hope everyone had a nice Thanksgiving. Five day weekends are rare, hope yours was relaxing and fun. I’ll be in Houston for three days next week – my first time ever in that city! We’re taping a live version of The Compound and Friends podcast at the Dynasty Investors Forum. I will also be interviewing my friend Patrick O’Shaughnessy on stage about the custom and direct indexing revolution.

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5 Tips to Recession Proof Your Business Budget & Financial Forecast

Centage

When you think of a business that’s recession proof, you probably imagine a company that provides the type of essential products people need regardless of the state of the economy. For example, grocery stores, healthcare businesses, and freight companies are all widely regarded as being recession proof. However, the truth is you don’t have to operate a need-oriented business to withstand times of hardship.

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Can Gautam Adani win India with an app?

CFO News

If the regional outlook is challenging, evidence from India isn’t very encouraging, either. E-commerce is undoubtedly a success, with Walmart Inc.’s Flipkart and Amazon.com Inc.’s India websites controlling the bulk of a growing market — more than 60% of the billion-plus visits to the Flipkart site during its eight-day Big Billion Days festival last quarter came from Tier 2 and 3 cities.

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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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PodChats for FutureCFO: Imperatives of a modern CFO's office

Future CFO

Challenging may be the appropriate word to document the environment that will greet businesses in 2023. We are faced with continuing supply chain shortages, a war in the West that promises to keep energy costs for the immediate future, and rising inflation – not to mention the shadow of a pandemic that mutates too frequently to offer respite for governments, citizens and businesses.

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Risk mgmt important in a recession, CFOs should continue investing: Mukesh Butani

CFO News

Even in times of slowdown, think like an entrepreneur and don't be overcautious, invest and invest sensibly is the advice of the Founder of BMR Legal for finance honchos.

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101 Ways Advisors Can Add Value And Attract Their Ideal Clients

Nerd's Eye View

Traditionally, investment planning has been at the forefront of how financial advisors add value for their clients. From advisors who earn commissions from the sales of financial products to fee-only investment advisors who charge based on client assets under management, the value advisors provide to their clients has often been centered on investment management.

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Standard Chartered searching for new CFO: Report

Future CFO

London and Hong Kong listed Standard Chartered is seeking a new CFO to replace Andy Halford who would retire as soon as the spring annual meeting in 2023, according to a recent Sky News report. The news report said it believes that London-based management consulting firm Russell Reynolds Associates will help find the replacement. The Asia-focused bank paid US$3.6 million to Halford in 2021 and US$3 million in 2020.

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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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101 Things That Advisors Actually DO To Add Value (Beyond Just Allocating A Portfolio)

Nerd's Eye View

Traditionally, investment planning has been at the forefront of how financial advisors add value for their clients. From advisors who earn commissions from the sales of financial products to fee-only investment advisors who charge based on client assets under management, the value advisors provide to their clients has often been centered on investment management.

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Meals on Wheels Testimonial

Focus CFO

FocusCFO was honored to have the opportunity to help Meals on Wheels expand their community impact by helping the organization better asses the use of their assets and plan for future initiatives. CFO Paul Brunner has worked closely with the CEO and the organization's staff. He has developed performance indicators and communications with the MOW Finance Committee of the Board of Directors.

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Slower growth will be good for India, for now, economists say

CFO News

Gross domestic product expansion at about 6% is a sweet spot for Asia’s third-largest economy to steer inflation back to the Reserve Bank of India’s target, and also to narrow budget and current account deficits, said Rahul Bajoria of Barclays. Price gains have stayed above RBI’s 2%-6% target since the start of 2022, and the central bank seeks to cool it to 4% by 2024.

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Financial Compensation Guide After an Accident: All You Need to Know

Financial Analyst Insider

If you have been injured in an accident that was not your fault, you may be entitled to financial compensation. This can help cover the. The post Financial Compensation Guide After an Accident: All You Need to Know appeared first on Financial Analyst Insider.

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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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Sebi forms a high-level panel to review corporate takeover rules

CFO News

The panel will have to advise the regulator on simplifying and strengthening the current norms by adopting appropriate global practices. The committee, which has representatives from stock exchanges and law firms, would also have to suggest measures to facilitate ease of doing business.

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Why I Don’t Pay to Fix My Resume! I Do This Instead (4 Alternatives to Resume Writing Services) 

Financial Analyst Insider

Resume writing services are practical, and some options are very affordable and will get the job done. However, sometimes, we just need to look at. The post Why I Don’t Pay to Fix My Resume! I Do This Instead (4 Alternatives to Resume Writing Services) appeared first on Financial Analyst Insider.

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Sebi approves appointment of Ramamurthy as MD & CEO of BSE

CFO News

Former Reserve Bank of India deputy governor SS Mundra is currently the chairman of BSE. Its board comprises of six other directors excluding Ramamurthy - five of them are public interest directors while one of them is a shareholder director.

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#229 – Staying on Top of Working Capital

Strategic Treasurer

Episode 229. Staying on Top of Working Capital. Working Capital Management is usually one of the top three focus areas for treasury in any given year. This fluctuates based on a number of factors. In this podcast, Host Craig Jeffery talks with Mike Hewitt, CEO of Adaugeo Media and host of the Working Capital Summit, about the event and how working capital and SCF are areas that treasury professionals are keen to discuss.

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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.