Fri.Jan 20, 2023

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Retailers juggle sustainability, growing cost-cutting mandates

CFO Dive

CFOs are weighing costs more closely — even as they seek to trim the environmental impact of everything from packaging to shipping and return practices.

Retail 269
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Fractional Chief Financial Officer (CFO) Services Benefit Life Sciences Companies

Navigator SAP

Early-stage life sciences companies often face unique financial challenges as they work to bring their products to market. From securing funding to managing research and development costs, these companies need access to experienced financial expertise. This is where the support of a fractional Chief Financial Officer (CFO) services can be a valuable asset.

CFO 240
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Trending Sources

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SMEs fall behind on addressing climate change

CFO Dive

A readiness gap is emerging between small and large companies in terms of their responses to climate change risks.

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37 Best Side Hustle Ideas for 2023

CFO News Room

If you feel like it’s getting more and more difficult to get ahead, it may be time to earn more money. But, if you can’t see that happening at your 9-5 job, you may have to take matters into your own hands. Here’s the good news: side hustles let you earn extra cash while maintaining a flexible schedule. Some side hustles can be started quickly, while others require specialized knowledge or skills that may take some time to build.

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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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Huntington preps for mild recession following earnings beat

CFO Dive

The regional bank will aim for low-level expense growth and conduct some measure of organizational restructuring as it looks to position itself to weather a mild recession, CFO Zach Wesserman said.

More Trending

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Unions lose clout even amid high-profile organizing gains

CFO Dive

The wages of workers unaffiliated with a union have risen faster in recent years than those of their unionized counterparts.

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Risk = Danger + Opportunity!

CFO News Room

In the first few weeks of 2022, we have had repeated reminders from the market that risk never goes away for good, even in the most buoyant markets, and that when it returns, investors still seem to be surprised that it is there. Investors all talk about risk, but there seems to be little consensus on what it is, how it should be measured, and how it plays out in the short and long term.

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Bull or Bear?

Barry Ritholtz

There seems to be a debate going on today between economists and market technicians (!?) as to whether we are in a bull or bear market. I’ve defined markets in the past (see this) so those who want to delve deeper can. Regardless of where fall in the bull/bear spectrum – I have been constructive here – allow me to point out some bullish items you may have overlooked (I’ll discuss bearish concerns next week).

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Yes, Twelve Dollars Is a Good Price for Two Batteries–Under the…

CFO News Room

After looking around a bit, I asked the cashier at a nearby convenience store if he had any nine-volt batteries because I didn’t see any on the shelf. To my good fortune, he did. I asked for two of them and pulled a $5 bill out of my wallet as he rang them up. “$12,” he said. I gasped a little, put the $5 away, and reached for my credit card. It had been a while since I’d bought batteries, but $12 for two batteries seemed a little steep.

Economics 130
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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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Weekend Reading For Financial Planners (Jan 21-22)

Nerd's Eye View

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that several states are considering a series of tax hikes targeting higher-income and ultra-high-net-worth residents after similar proposals failed to pass at the Federal level. While it remains to be seen whether the measures will actually be enacted, proposed measures include raising income and capital gains tax rates, instituting wealth taxes, and red

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Netflix, Coinbase, Alphabet, SVB Financial & more

CFO News Room

Tech stocks on display at the Nasdaq. Peter Kramer | CNBC Check out the companies making headlines in midday trading. Netflix — Shares of the streaming giant jumped more than 6% after Netflix added 7.66 million net subscribers in the fourth quarter, above the 4.57 million expected, according to StreetAccount. Founder Reed Hastings also announced that he is stepping away from his CEO role.

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Fat Privilege

The Reformed Broker

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Doug Boneparth, Phil Huber, and Downtown Josh Brown discuss discuss alts, bonds over stocks, the probability of a recession, ETF flows, Schwab’s double downgrade, why Bill Ackman cares about Sam Bankman-Fried, Einhorn’s turnaround, who’s going to buy WWE, rising interest rates, and much more!

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Flawed Freedom Rankings Have a Real Point About India

CFO News Room

Sadanand Dhume writes a biweekly column on India and South Asia for WSJ.com. He focuses on the region’s politics, economics and foreign policy. Mr. Dhume is also a resident fellow at the American Enterprise Institute in Washington, D.C. Previously he worked as the New Delhi bureau chief of the Far Eastern Economic Review (FEER), and as Indonesia correspondent for FEER and The Wall Street Journal Asia.

Economics 100
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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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The Debt Ceiling: A Nation Divided and Indebted Cannot Stand

CFA Institute

The current debt ceiling debate reveals a painful reality that the United States must confront.

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Consumer Prices Plateau as Inflation Slows to Prepandemic Levels

CFO News Room

After a period of steep inflation, Americans have seen monthly price growth ease, but when will things get back to normal? The inflation benchmark, measuring price growth over a year, hit a 40-year high in June after months of sustained price increases. Since then, monthly gains have slowed. While December 2022 prices were up 6.5% from a year earlier, a Wall Street Journal analysis of Labor Department data indicates that annual growth has eased to levels that existed before the pandemic.

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How to Get a Virtual Business Address and Phone Number

Business Credit Blogger

Virtual Business Address and Phone Number A virtual business address can solve some of the challenges that can happen when running your business from home. For the majority of small businesses, working from home offers a great deal of advantages, from saving a great deal of money on operating costs to the convenience of working […] The post How to Get a Virtual Business Address and Phone Number appeared first on Business Credit.

Numbers 74
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Compensation Strategy & Philosophy Best Practices

VCFO

Best Practices for Establishing a Compensation Strategy & Philosophy How a business approaches employee compensation plays a very important role in shaping the success of the business itself. For some, the approach to compensation can be rather organic or undefined, stemming from roots established in the company’s earliest days or from leaders following individual viewpoints of doing what seems right at the time.

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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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Adani Cement CEO looks to solve transport impasse

CFO News

The company has proposed that over the coming three years, no new trucks be deployed with it and the existing fleet be reduced to 550 trucks as required instead of the 3,311 vehicles at present. This will increase the running of a truck on average to 50,000 kilometres over this period from the estimated 25,000 kilometres at present, reducing the fixed cost per kilometre.

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4 Security Solutions For A Business In A Bad Neighborhood

Financial Analyst Insider

Running a business in a bad neighborhood can be challenging. Not only do you have to worry about the safety of your employees and customers, The post 4 Security Solutions For A Business In A Bad Neighborhood appeared first on Financial Analyst Insider.

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IDBI sale: Fairfax sought waiver on security check

CFO News

The company had said if it were to participate in the bid process, the final composition of the bidding consortium would be different, and that a security clearance on the existing firm would not remain relevant, the sources said.

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Every (50+) financial ratio you'll ever need in 2023

Cube Software

This is the most comprehensive guide to financial ratios on the planet. So whether you're talking with your Head of Finance about the best way to present the company's performance at the next board meeting.or if you're up past midnight trying to pull together "a few KPIs" for your CEO tomorrow morning. You're in the right place. Keep reading.

Finance 52
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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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Union Budget 2023 expectations: Here's what Insurers want from the Budget?

CFO News

Tax exemptions, decluttering the insurance space, increasing awareness around pension are just some of the many suggestions that the Insurance leaders gave on the latest episode of the on-going pre-budget series of ET BFSI. Here’s a quick roundup of Insurance Industry's Budget 2023 wishlist.

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It’s Time to Cement Telehealth’s Place in U.S. Health Care

CFO News Room

One of the few positive side effects of the deadly and catastrophically disruptive Covid-19 pandemic has been the blossoming of telehealth. Though useful telehealth technology has been available for several years, adoption was slow until providers had to scale it up in a matter of weeks as a safe way to see and treat patients when clinics were closed.

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Another crypto company goes bust

CFO News

One of the world’s largest crypto lenders, Genesis froze withdrawals in November after the spectacular collapse of FTX.

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: • Scenes from Tampa’s ‘dead mall,’ alive with nostalgia : At the transforming University Mall near USF, some still shop and work, while others come for the vibes. There is no imminent danger of the American shopping mall going extinct, but it’s certainly endangered, down from 2,500 at peak mall to around 600 today, according to Nick Egelanian, president of retail consultancy SiteWorks.

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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.