Wed.Aug 10, 2022

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Inflation slows but probably not enough to deter Fed tightening

CFO Dive

Central bank officials say they need to see consistent signs that price pressures are falling toward their 2% target before they declare victory against inflation.

Banking 266
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Stock Repurchase Tax

Corporate Finance

The Senate recently passed the Inflation Reduction Act of 2022. Major components of the Act include spending on climate change, increased IRS spending, and measures to lower the cost of prescription drugs. In order to pass the Act, a last minute change to get the necessary votes was a 1 percent excise tax on stock repurchases. As we showed in the text, dividends and stock repurchases affect a company and investors in much the same way.

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Trending Sources

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Brink’s taps Eaton, PwC veteran as CFO

CFO Dive

The Brink's Company, know for its iconic trucks that transport cash, has tapped a new CFO as its long-time finance chief prepares to retire.

CFO 254
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Please don’t pivot

The Reformed Broker

The Federal Reserve’s recent attempt to check inflation has been somewhat successful and some macro factors have also gone its way. This morning’s CPI bolsters the case that falling gas prices are helping to ease the overall situation. The inflation rate for housing, rent and employment, however, remains stubbornly high. U.S. inflation was 8.5% in July, the Labor Department said Wednesday, holding close to it.

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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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Venture lenders offer CFOs a pricey lifeline

CFO Dive

Venture debt remains an option for companies that have seen a number of financing paths narrow amid global economic turmoil.

Economics 176

More Trending

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Bankrupt Revlon to pay $165,000 monthly for interim CFO

CFO Dive

Alvarez & Marsal Managing Director Matt Kvarda will step in as interim CFO for beauty brand Revlon as it goes through corporate restructuring, with the consulting firm reaping a $165,000 monthly fee.

CFO 144
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Business Planning Best Practices to Navigate a Downturn

Centage

It’s a challenging time to run a business. Even as companies cope with the lingering impact of the pandemic, they’re also dealing with new concerns of inflation, recession, softening demand, and higher cost of capital. With supply chain bottlenecks making it hard for businesses to access necessary goods and services, many companies are looking for a way to get back on track this year.

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U.S. inflation went flat in July: What it means for I Bonds, TIPS and Social Security COLA

Tips Watch

Core inflation continues at 5.9%, an unsustainable rate. By David Enna, Tipswatch.com I warned you: Inflation numbers are notoriously fickle in the summer months, and so here we go: All-items U.S. inflation increased 0.

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Webinar: B2B Payments: 2022 Survey Results | September 13

Strategic Treasurer

B2B Payments: 2022 Survey Results. September 13 | 2:00 PM EDT. Register Now. Date. Tuesday, September 13, 2022. Time. 2:00 PM – 3:00 PM EDT. Where. This is an online event. Speakers. Gunita Bindra, Bottomline Craig Jeffery, Strategic Treasurer. Sponsored By. Hosted By. 1.2 CTP and FP&A re-certification credits are pending for attendance to this live webinar.

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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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Expatriate packages: Asia’s top 10 locations

Future CFO

Japan is the number one location when it comes to expatriate packages, said ECA International recently when releasing its MyExpatriate Market Pay Survey. Elsewhere, Australia and New Zealand both saw significant rises of eight and 16 positions in the global rankings to 7th and 13th place respectively, due to a variety of reasons including the strengthening of their currencies, increased benefits costs, and income tax changes in the past 12 months, the firm noted.

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How to Get a Microsoft Data Stack Expert as Part of Your Team

Collectiv

One of the biggest challenges that enterprises face during a growth phase is having the right people in place. Finding the right talent is an ongoing concern for most enterprises. Very often when you bring somebody on board, it’s not until three or so months down the line that you may find out they’re not really the right fit. Today your enterprise likely has a backlog of projects and plenty of ambitious projects in the pipeline that are becoming more of a pipe dream.

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Stock Repurchase Tax

Essentials of Corporate Finance

The Senate recently passed the Inflation Reduction Act of 2022. Major components of the Act include spending on climate change, increased IRS spending, and measures to lower the cost of prescription drugs. In order to pass the Act, a last minute change to get the necessary votes was a 1 percent excise tax on stock repurchases. As we showed in the text, dividends and stock repurchases affect a company and investors in much the same way.

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Clips From Today’s Closing Bell

The Reformed Broker

Ritholtz’s Josh Brown warns investors Fed quantitative tightening is coming along with rate hikes from CNBC. The post Clips From Today’s Closing Bell appeared first on The Reformed Broker.

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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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186: Thuso Marumo

CFO Talks

. 1X. ‘ An accountant is one element of a business that you need on a daily basis’. Welcome to this SAIBA CFO podcast, SAIBA is the South African Institute of Business Accountants, it has more than 12 000 members in the country and specialises in a wide range of disciplines such as accountancy and tax, training and development, career enhancement, legislation and financial reporting.

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How to forecast and manage cash flow

Jedox Finance

Well-designed cash flow management makes the difference between entrepreneurial success and failure. It is a crucial metric for shareholders and an important basis for decisions concerning the future of a business. Table of Contents. What is cash flow? Why pay attention to cash flow? Types of cash flow. Understanding the three critical parts of corporate financial statements.

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Essentials of Corporate Finance - Untitled Article

Essentials of Corporate Finance

As we discussed in the textbook, stock prices move when unexpected news comes to light. Economists expected that inflation for July would be 8.7 percent, lower than June's 9.1 percent. Instead, it was announced today that July's inflation was "only" 8.5 percent. The stock market reacted dramatically as the S&P 500 jumped about 2 percent and both the Nasdaq and Russell 2000 jumped almost 3 percent.

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How To Manage Strong Emotions When Asking Clients Kinder Life Planning Questions

Nerd's Eye View

When financial planning clients think about their future, they might imagine a relaxing retirement, world travel, or other pleasant experiences. What they’re probably not considering is their own death, even though everyone’s time remaining on Earth is finite (even if the number of years they have left is unknowable). And using this perspective, advisors can add value for clients by helping them prioritize their goals and explore whether their current behaviors match their desired ou

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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.