Fri.Feb 24, 2023

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Make the Most of Limited IT Resources by Moving to the Cloud

Navigator SAP

Cloud computing has been a huge boon for businesses that make the leap. Despite hesitancy from companies to migrate operations, the cloud’s ability to provide system resources on-demand has become widespread, especially after heavy hitters such as Amazon, Google, and Microsoft entered the space and brought standardization.

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Trust, transparency key to crypto’s next phase: Circle CFO

CFO Dive

USDC issuer Circle is moving to position itself as a player in crypto’s coming “utility phase,” and continuing its efforts to become a public company, its CFO said, even as regulatory attention on the space sharpens.

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Trending Sources

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ChatGPT and the Future of Investment Management

CFA Institute

ChatGPT -- what's the big deal, who's at risk, and where is it going?

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Beyond Meat’s lean inventory is key, CFO says

CFO Dive

The California company is one of a growing number of firms pivoting to cut costs through layoffs, real estate consolidation and other measures.

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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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The FX Global Code: Why Now Is the Time

CFA Institute

As the FX market grows and evolves, more needs to be done to improve its functioning and integrity.

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More Trending

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: • The Fed alone cannot bring inflation down : Management of demand is not efficient in dealing with supply-driven price rises: fiscal policy must play its part.art ( Financial Times ) • When a savings account is very risky : Compound Banc pays an eye-popping 7% on deposits — or at least things that look and feel a lot like deposits.

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FarFetch CFO to exit in 2023

CFO Dive

The London-based luxury fashion retailer is hunting for a successor as CFO Elliot Jordan is poised to depart after eight years.

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DBS Bank India CFO bets big on retail and SME; targets 10-12% credit growth in FY24

CFO News

The group is looking to harness the potential of 500 odd branches that it has acquired with the successful integration of the Lakshmi Vilas Bank, says Rajesh Prabhu.

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Standard-setters consider softer start to climate risk disclosure

CFO Dive

A backlash against proposals to require detailed corporate reporting on climate risk may compel more gradual application of the rules.

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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 (Feb 25-26)

Nerd's Eye View

Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the SEC’s proposed “Safeguarding Rule” would significantly increase the number of investment advisers deemed to have custody of client assets and increase paperwork requirements for advisers and qualified custodians, though the contours of a final regulation remain uncertain.

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Block boosts CFO Ahuja’s responsibilities

CFO Dive

Pledging to be more efficient with a revamp of the company’s leadership structure, Block has combined the CFO and COO roles under Amrita Ahuja.

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Mittal to merge Airtel Payments with Paytm?

CFO News

Telecom tycoon Sunil Mittal is seeking a stake in Paytm by merging his financial services unit into the fintech giant's payments bank, according to people with knowledge of the matter.

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Asness on Value Investing & Humility

Barry Ritholtz

Sonali Basak interviews AQR Capital Management’s Cliff Asness. They discuss AQR’s 60/40 portfolio strategy and the risks facing financial markets, with Sonali Basak and Guy Johnson on “Bloomberg Markets.” AQR’s Cliff Asness on 60/40 Strategy, Market Risks Source: Bloomberg , February 23, 2023 The post Asness on Value Investing & Humility appeared first on The Big Picture.

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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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Falling crop prices, extreme heat may roil rural recovery

CFO News

In the ongoing rabi season, farmers are expecting a fall in returns over the previous year due to lower yields arising from adverse climatic conditions as well as the possible decline in prices of some commodities such as wheat and mustard. Potato and onion prices have already crashed due to increased production.

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Combating Inflation in the Tech Industry

CFO Selections

With the US inflation rate still over 6% it continues to dominate business news headlines. And after a recent press release in which the Fed announced they were raising their longstanding inflation rate target from 2% to a range of 4.5-4.75% speculation continues to ensue over what may be coming next. US monetary policy is likely poised to shape these inflationary trends, but the timing and success of such efforts is yet to be determined.

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RBI imposes restrictions on 5 co-operative banks

CFO News

With restrictions in place, the banks, without prior approval of RBI, cannot grant loans, make any investment, incur any liability, and transfer or otherwise dispose of any of its properties.

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How to Fund Your Home Remodeling: A Comprehensive Financial Plan

Financial Analyst Insider

Are you considering a home remodeling project? If so, one of the first questions you’re probably asking is how to fund it. After all, a The post How to Fund Your Home Remodeling: A Comprehensive Financial Plan appeared first on Financial Analyst Insider.

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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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Automakers hit a domestic value calculation speed bump on way to Rs 25,938-crore PLI scheme benefits

CFO News

These firms are concerned that they may not receive sops under the Rs 25,938-crore scheme for the first year of its five-year operational period if they fail to have certified models by March 31.

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From IMF chief to US Treasury Secretary, top leaders welcome Ajay Banga's nomination for World Bank

CFO News

In a tweet, Kristalina Georgieva, Managing Director, IMF said, "Happy to hear that Ajay Banga, who I have known for many yrs, has been nominated as a candidate to lead World Bank. His exec leadership skills & drive for innovation are well known.

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Top court seeks CBI reply on Piramal Capital and Housing Finance plea in DHFL case

CFO News

PCHF has raised a substantial question of law as to whether Section 32A of the Insolvency & Bankruptcy Code, 2016, forbids the subsistence of an FIR and continuation of the resultant criminal proceeding against the resolved corporate debtor (the new management) after successful completion of the corporate insolvency resolution process (CIRP) for offences allegedly committed by the previous management prior to the initiation of the insolvency proceedings.

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EV industry in India battles high attrition amid demand for talent

CFO News

The median tenure of middle- to senior-level talent in the EV industry stands at 1.8 years, compared with 4.1 years in the FMCG industry, 3.6 years in MSME manufacturing, five years in EPC and 1.9 years in startups, according to data put together for ET by staffing company Ciel HR Services, based on LinkedIn data from 271,778 employees across 268 companies in these sectors.

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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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Ukraine-Russia conflict: New Delhi trying to bridge gap over wording of communique

CFO News

Several countries want a strong condemnation of Russia's invasion of Ukraine while India wants the focus to be on the economic agenda. The meeting ends on Saturday.

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ACRE offers State Bank of India Rs 230 crore for Visa Steel loans

CFO News

The offer from ACRE, an asset reconstruction company, is at the reserve price set by the bank and equates to a recovery of 33 paise on outstanding loans for the country's largest state-run lender by assets, the people said.

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Singapore, India payments at a click

CFO News

This week India and Singapore launched cross-border payment linkage. The payment will be routed through India’s Unified Payment Interface (UPI) and Singapore’s PayNow. Shaktikanta Das, Governor of RBI and Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS) transferred funds to each other in the presence of the Prime Minister of both countries.

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NSE gets nod to launch Social Stock Exchanges

CFO News

The Social Stock Exchange segment will provide new avenue for social enterprises to finance social initiatives, provide them visibility and bring in increased transparency in fund mobilisation and utilisation by social enterprises.

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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.