Tue.Dec 13, 2022

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Five in 10 companies focusing on hiring contract workers amidst mass layoffs: Survey

CFO News

Businesses do not have the bandwidth to increase their fixed costs by hiring full-time employees. The current demand is hence being met by people readily available due to layoffs. ​Contract staffing has emerged as a viable short-term staffing solution, says the survey by Spectrum Talent Management.

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Inflation slows, validating Fed plans for half point rate hike

CFO Dive

Fresh data show that the Fed is making progress in its fight against inflation and may pause its policy tightening early next year.

Planning 269
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Trending Sources

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16 Smart Ways to Invest $15,000 (Best Options to Grow Wealth)

CFO News Room

If you have $15,000 stashed away, you’ll want to put that money to work. If you don’t, inflation can quickly eat away at your nest egg. Plus, the current rise in interest rates has made it worthwhile to have some money in savings accounts again. But where should you invest your $15,000? That depends on when you’ll need the money, whether you want it to grow for a few years, a few decades, or longer.

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American Airlines promotes insider to CFO

CFO Dive

The Fort Worth, Texas-based company’s new finance chief appointment marks the latest in a series of end-of-year executive swaps by companies in multiple industries.

CFO 258
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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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Unlocking Growth By Asking For A Referral And Showing Value

CFO News Room

Executive Summary. Welcome back to the 311th episode of the Financial Advisor Success Podcast ! My guest on today’s podcast is Terry Parham Jr. Terry is the CFO and Co-Founder of Innovative Wealth Building, an independent RIA based in California, Maryland that oversees nearly $330 million in assets under management for almost 900 client households.

Planning 130

More Trending

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EPI’s top charts of 2022: EPI’s most popular charts tell the story of how pandemic setbacks in income inequality were mitigated by pandemic relief

CFO News Room

Posted December 13, 2022 at 12:55 pm by EPI Staff. EPI’s top charts of 2022 : EPI’s most popular charts tell the story of how pandemic setbacks in income inequality were mitigated by pandemic relief. Rising CEO pay, a pandemic further undermining low and middle-income workers, and the growing gap between worker productivity and their pay continued to impede income equality.

Economics 130
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DOJ, SEC charge Sam Bankman-Fried with defrauding investors

CFO Dive

Former FTX CEO Sam Bankman-Fried was arrested Monday night in the Bahamas and charged Tuesday with eight criminal counts including wire fraud.

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AIER’s Everyday Price Index Falls for the Fourth Time in Five Months

CFO News Room

AIER’s Everyday Price fell 0.2 percent in November following a rise of 0.7 percent in October and declines of 0.4 percent in September, 1.3 percent in August, and 0.6 percent in July. The Everyday Price Index is up 8.7 percent from a year ago, the slowest since October 2021. Telephone services and food away from home were the top contributors to the rise in November, while motor fuel and home fuels and utilities had the largest negative contributions.

Economics 130
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Frontier and Emerging Markets: Inflection Points

CFA Institute

Should we be adjusting our allocations to emerging or frontier markets?

Marketing 122
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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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Fed rate hike expected to be half a percentage point as central bank fights inflation

CFO News Room

Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, November 2, 2022. Elizabeth Frantz | Reuters. The Federal Reserve is expected to raise interest rates by a smaller half percentage point Wednesday yet signal that its battle with inflation is still far from over.

Banking 130
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Indian IT could bag a big slice of $160 billion tech deals in Q1 2023

CFO News

The value of the new deals could amount to nearly a fifth of the global IT services business valued at $800 billion, according to Ray Wang, founder of Silicon Valley-based Constellation Research.

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U.S. inflation rose 0.1% in November, well below expectations

Tips Watch

Stock and bond markets are celebrating, with good reason. By David Enna, Tipswatch.com For the second month in a row, U.S.

Marketing 103
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Inflation’s Cold Case – WSJ

CFO News Room

Suddenly, inflation is running a lot less hot. It could get cooler still in the months ahead. The Labor Department on Tuesday reported that U.S. consumer prices rose a seasonally adjusted 0.1% last month from October —well short of the 0.3% economists had expected. That put overall prices 7.1% above their year-earlier level, marking the smallest gain since December of last year.

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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Financial Statement Audit: Tips & Insights on Tackling Your First-Year Audit

Embark With Us

As a business leader at a growing company, a financial statement audit probably isn't top-of-mind right now. After all, you also have to grow revenue, manage day-to-day operations, and navigate a pretty volatile marketplace.

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Why Some Start-Ups Fail to Scale

CFO News Room

CURT NICKISCH: Welcome to the HBR IdeaCast from Harvard Business Review. I’m Curt Nickisch. As a startup founder, it’s got to feel exhilarating to see new customers streaming in and paying for your product or service. To get to this point, you’ve gone from conceiving your idea, building a small team and getting those early funders to help you test it in the world.

Startups 100
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Zupee appoints Maneesh Goel as CFO

CFO News

Goel has over 20 years of experience in finance and business functions across various industries, that includes stints at Dell,Times Internet and Honeywell.

CFO 97
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New Programs for Colorado-based Employees

VCFO

Two New Programs for Colorado-based Employees – What Employers Need to Know. Virtually everyone recognizes the win-win of programs that promote employee health and well-being. These programs are appreciated and valued by employees and, in turn, promote higher employee satisfaction and productivity, as well as outcomes such as reduced employee stress and absenteeism.

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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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10 Tuesday AM Reads

Barry Ritholtz

My Two-for-Tuesday train reads: • The fall of FTX shocked everyone. Except this guy. The world of cryptocurrency is rich with eccentric characters and anonymous Twitter personalities. So perhaps it shouldn’t be a surprise that one of the early figures who called attention to the problems with Sam Bankman-Fried’s cryptocurrency exchange, FTX, is a 30-year-old Michigan psychiatrist who investigates financial crimes as a hobby. ( The Atlantic ). • You Bought a Hot Fund.

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Former RBI Governor Raghuram Rajan joins Congress-led Bharat Jodo Yatra

CFO News

A picture of Rajan walking with Congress leader Rahul Gandhi was shared by INC on its official twitter handle on Wednesday. Rajan is well-known ​​for fearlessly speaking against the government and its faulty policies, from the economy to banking reforms.

Banking 59
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Kerry Properties in Hong Kong announces new CFO

Future CFO

Hong Kong-listed Kerry Properties in Hong Kong recently announced that it has appointed Suzanne Cheng Wai Sin as CFO. Cheng has more than 25 years of experience in accounting and finance for corporate and banking sectors, the company said. Cheng had been the CFO of the Hong Kong-listed Hutchison Telecom since 2012. Prior to that, she was head of group management accounting and planning at Hutchison Whampoa from 2002 to 2012.

CFO 52
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Grant Management Best Practices

CFO Selections

Grant management is one of the fundamental elements of effective financial management for a non-profit organization. There are many components of grant management, and while the degree of sophistication may vary from organization to organization, the fundamentals remain largely consistent. So, why is grant management important?

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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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Overseas dispute settlement may be treated as expense

CFO News

Any payment made towards settlement of overseas disputes or to prevent litigation for offences that are not serious or criminal in nature could be treated as a business expense and allowed as a deduction, the official said, adding that changes are being examined in Section 37 of the Income-Tax Act.

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Breaking the Bubbles Without a Crash

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►CPI Reaction – Two months cooler than expected, first time in awhile. ►2023 Returns – Nearly 40% of Deutsche Bank survey respondents see a negative S&P return of more than 10% next year.

Finance 52
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GST Council to decide on decriminalisation of GST offences, setting up appellate tribunals

CFO News

The Council has reportedly been given a suggestion - by the law committee - to consider increasing the monetary threshold for launching prosecution for GST offences. Additionally, the committee has also suggested that the fee payable by taxpayer for compounding of GST offences be lowered with a view to improving ease of doing business.

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Clips From Today’s Halftime Report

The Reformed Broker

Final Trades: DocuSign, DR Horton & Wynn from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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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.