August, 2021

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Munis Go Green

Corporate Finance

The issuance of green muni bonds is a small part of the overall muni bond market, but the segment is growing. In 2012, $2 billion of green munis were issued, but that grew to $234 billion in 2020 and a projected $375 billion in 2021. Although green corporate bonds can be used for a variety of investments, green muni bonds are often used to fund clean power, water, and sewage systems.

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Three Tips for Driving a Customer-Centric Mindset

Planful

I’m Planful’s Chief Customer Officer (CCO). This means I have a responsibility for doing everything possible to create a consistent, value-focused customer experience, from the first time they interact with our brand to their continued retention as a loyal and satisfied customer. I’ve been deeply entrenched in this work for over 20 years and have […].

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CFO Leadership Council Highlights Our First 10 DEI Ascend Honorees

CFO Leadership

Meet Our First 10 Ascend Honorees. The CFO Leadership Council proudly highlights our very first ten Diversity, Equity, and Inclusion Ascend Honorees! Launched in December 2020 as part of our Diversity, Equity & Inclusion initiative, Ascend honorees are carefully selected for their outstanding contributions within and outside their organizations.

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How Do I Forecast with Tax Code 280E?

CFO Share

If you are in the cannabis business you are probably familiar with IRS 280E tax code. This tax code punishes you for selling a controlled substance by prohibiting most business expense deductions, increasing your income tax by 20x in some cases! Your strategic business forecasting must include proper considerations for section 280E – this is essential to planning cash flow and avoiding catastrophic tax bills at year-end.

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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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Section 179 & Bonus Depreciation - Saving w/ Business Tax Deductions

Commercial Credit Group

Over the years many companies have saved on their taxes by taking advantage of Section 179 and Section 168(k) of the IRS Tax Code. Herein we’ve provided some information about the opportunity for tax savings, the changes, and things to consider in order to take advantage of the tax benefits.

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Chinese Companies Face Delisting

Corporate Finance

China has recently asserted more control over private companies in that country. Now, the SEC is threatening to not approve new company listings for companies based in China and possibly delist currently listed NYSE and Nasdaq companies based in China. Most Chinese companies do give direct ownership, but often use the variable interest entity structure (VIE).

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Behold the Emergence of CFO 4.0

Jedox Finance

No role in the company has undergone a bigger development than the role of the CFO. From bean counter to business partner, the same development has flowed through the finance function: from cost center to profit driver. These are at least the developments that external stakeholders are demanding from Finance and the CFO. However, the global pandemic has revealed that we are not there yet.

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Planful Perform 2021 Sessions You Won’t Want To Miss

Planful

This September 14-15, we’ll join Planful customers, partners, industry thought leaders, and hopefully you, as we kick off Planful Perform 2021. Register now for this FREE and virtual finance and accounting conference. Perform 2021 will bring us together around our theme this year: Accelerate Now. It’s especially relevant as uncertainty continues to surround us.

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See the future of planning with Anaplan

Anaplan

What’s in the cards for Oracle Hyperion customers that switch to Anaplan for Finance? We see benefits. Lots of benefits.

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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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5 Accounting Challenges Startups Face and How to Help Them Thrive

The CFO College

Startups tend to operate on shaky ground. Look at the facts: 82% of small businesses fail due to poor cash flow. 90% of startups will fail - period. From the moment a CEO starts pouring time and money into an idea, a rock-solid financial foundation is key to increasing the odds of success. If company owners don’t have a realistic view of their financials and are not set up for capital raising, reports, and tax prep, their dream may fade away before they ever get a chance to open their door

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ESG Asset Managers: Define the Why

CFA Institute

Clients today want their investments to produce a genuine positive impact as well as a return. Asset managers need to define how they plan to do that.

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Fidelity Goes Behavioral

Corporate Finance

Fidelity Investments recently hired Gilbert Haddad to head the company's decision science area. The data gathered from the new initiative is ".really like applying behavioral finance and behavioral science to understand” what the portfolio managers and analysts are good at or not. The data will also be used to "help them understand their own biases" in the investments made by the manager to help them avoid bad behavioral decisions.

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Chasing zero in finance to create a sustainable future

Future CFO

Chasing zero in the finance world? Yes, you heard it right. It does make sense to chase a zero in finance world when it comes to sustainability. And there is a need to create a world of zero emissions, zero waste and zero inequality and report it adequately. Considering my finance background, I will discuss the importance of sustainability from a CFO perspective, especially why it is important for CFOs and how they are in the best position to drive sustainability within their organisations.

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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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Being Planful: Helpful FP&A Resources

Planful

The economy is steaming ahead, but it’s going so fast that workforce planning, talent gaps, and the logistics of hybrid work environments have become key talking points in FP&A circles. While companies continue to cut back on office space, they’re also struggling to find talent amid a surge in hiring that’s also pulling current employees […].

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What is scenario planning?

Anaplan

Chart a course through uncertainty with an effective scenario planning process.

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The Role of the SaaS CFO

The SaaS CFO

I speak with many SaaS teams who do not have a CFO or finance team yet. The focus is on product, go-to-market, and building out your team to support revenue delivery. Then, you’re at several million of ARR and realize that you can’t manage your business with just your bank account and poorly formatted and/or […]. The post The Role of the SaaS CFO appeared first on The SaaS CFO.

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Eric Sim, CFA: The Diversified Career Portfolio

CFA Institute

Diversification is just as critical to career portfolios as it is to investment portfolios.

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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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Identifying A Ponzi Scheme

Corporate Finance

If you are not familiar with a Ponzi scheme , it is generally a fraud in which early investors are paid out from contributions made by later investors. The Ponzi scheme usually ends when new investments dry up. A recent article on CFO.com highlights how to avoid a Ponzi scheme. We would like to make sure you read one particular concept, that is, "high returns with little or no risk.

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Controller vs CFO: Which Does My Business Need?

Driven Insights

What is the difference between a controller and a CFO? Which does my business need? Do we need both?

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Financial Forecasting Is Broken—Here’s How To Fix It

Planful

When it comes to financial forecasting, you might find yourself in a reality different from the one you predicted in your last forecast—despite spending most of your time trying to get it right. Coupled with the time-consuming nature of the process, starting from scratch after having poured through tremendous historical data can be exhausting. “Only […].

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Anaplan recognized in the 2021 Gartner® Market Guide for Cloud, Extended Planning and Analysis Solutions

Anaplan

Gartner calls it xP&A. We’ve been calling it Connected Planning since 2017.

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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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Vocalink’s Ranu Sharma On Financial Leadership Post-Pandemic, Jack McCullough’s recent in Forbes

CFO Leadership

One of the more forward thinking financial executives, Ranu Sharma, Head of International O&T Finance, Vocalink recently shared her insights with Jack McCullough. Jack is President & Founder, CFO Leadership Council and Senior Contributor to Forbes CFO Network. His recent interview is below. One of the more forward thinking financial executives I have met is Ranu Sharma , the head of international operations and technology finance at Vocalink, a MasterCard company.

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Monetary and Fiscal Policy Post-COVID-19: Four Themes

CFA Institute

Rob Arnott, Joyce Chang, and Louis-Vincent Gave offer their perspectives on the policy landscape and its implications for investment strategy.

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SEC Backs Nasdaq's Diversity Requirement

Corporate Finance

Back in December, the Nasdaq approved a diversity requirement for the boards of companies listed on that exchange. Every company must have at least one female board member and one from an underrepresented minority. If a company fails to do so, it must explain in writing why it does not. Now, the SEC has approved the new policy. The NYSE has an Advisory Board aimed at connecting diverse candidates with open board positions, although there is no specific diversity requirement.

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Consumer alert: Employee retention credit

CFO Strategic Partners

It has come to our attention a number of businesses are being approached by firms with proposals to conduct the research needed to file employee retention credit. We would like to alert you that these companies often expect a significant percentage of your return and require payment upfront, before the returns are issued. Worse yet, we’ve seen examples of these companies making inaccurate estimates, which could leave your business at a large loss.

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PowerPoint Best Practices for Creating Stellar Presentations

Mastering data visualization in PowerPoint will help accelerate your career because it positions you as someone who can present data that drives business decisions forward. think-cell's PowerPoint Best Practices eBook was created specifically for professionals aiming to master the art and science of data-driven storytelling. What’s inside: Practical Insights: Uncover valuable tips for crafting engaging and persuasive presentations.