Sat.May 06, 2023 - Fri.May 12, 2023

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Burying bad 8-K news raises red flags

CFO Dive

Researchers assert some companies “strategically” divert investor attention from negative SEC filings by issuing concurrent press releases on unrelated matters.

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Why more Indian startups are hiring CFOs? Razorpay, Xpressbeez and Shiprocket CFOs weigh in

CFO News

Startups are hiring CFOs for financial prudence, compliance and cost optimisation as they face a funding drought and investor demands.

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Trending Sources

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Good (Bad) Banks and Good (Bad) Investments: At the right price.

Musings on Markets

In my last post, I looked at banking as a business, and used a simple banking framework to advance the notion that the key ingredient tying together the banks that have failed so far in 2023 is an absence of stickiness in deposits , created partially by depositor and deposit characteristics (older are stickier than younger) and partly by growth in deposits (high growth increases stickiness).

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Entrepreneurial mindset drives growth: ex-Poshmark CFO

CFO Dive

When it comes to growing a business of any kind, thinking like a founder is key, regardless if you are one or not, former Poshmark CFO Kapil Agrawal said.

CFO 243
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Confronting the Change Challenge

Change is difficult, whether in our private or work life. However, without change, growth and learning are difficult not to mention keeping up with the market and staying competitive. We have all worked for or ourselves are the bosses that prefer to keep the status quo. We will discuss how to address the "change challenge" to enable you to be a changemaker and a graceful recipient of change.

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Inflation eases yet persists at more than twice Fed target

CFO Dive

Core inflation, which excludes food and energy prices, remains high despite 10 consecutive increases in the federal funds rate since March 2022.

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More Trending

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Banks expect to tighten credit throughout 2023: Fed

CFO Dive

A pullback in bank credit that began in 2022 has accelerated since a flare-up in financial sector instability started in March.

Banking 223
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Why Operational Visibility Should Be a Priority for CPG in 2023

Navigator SAP

Influencers, online comparison shopping, and Amazon have dramatically altered the landscape for consumer packaged goods businesses in recent years. Then the pandemic came along, which further messed with business models, supply chains, and revenue projections for CPG firms. Expectations for growth within the industry are strong, with 86% of CPG firms predicting a 2% or greater growth rate in the next 12 months, according to a recent industry survey conducted by Canam Research and sponsored by Na

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“Glass Half-Empty” Investors

Barry Ritholtz

There’s an old joke about a hypochondriac who is constantly complaining to his doctor about his many numerous, mysterious ailments. The Doc runs a full battery of tests, and delivers the bad news to the patient: “ Unfortunately, everything is okay… ” And that seems to be the same way many of today’s glass half-empty investors are digesting information about the markets.

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Make a value case for ESG, rather than business ones, say CFOs

CFO News

Financial leaders need to focus on long-term sustainability and incorporate environmental, social and governance factors into their businesses, senior finance executives said at an ETCFO panel discussion.

Finance 119
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Travel and Expense Policy Success: Your Essential Checklist

Setting the stage for successful organizational change always begins with clear, thoughtful communication. When it comes to rolling out a new travel and expense (T&E) policy, establishing a well-structured communication plan is key to ensuring that all employees understand the changes and their impact. By following a step-by-step approach, you can guide your organization through the transition, fostering smooth adoption from the outset and improving compliance.

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PwC, KPMG China audits are flawed: PCAOB

CFO Dive

The PCAOB findings follow U.S. success in overcoming opposition from Beijing to the inspection of audits of China-based companies listed on U.S. stock exchanges.

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Why Do Companies Use Automation? Exploring the Benefits

Navigator SAP

The latest surveys involving global businesses in various sectors reveal a steady growth in business automation using enterprise resource planning (ERP) systems. In 2020, a study featuring business leaders from different parts of the world showed that 66% of global businesses piloted various automation solutions, while 31% of global businesses have fully automated at least one of their business processes.

Planning 130
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10 Weekend Reads

Barry Ritholtz

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • How a Dishwasher Engineer Challenged Elon Musk’s Grip on Commercial Space : A Kiwi named Peter Beck built Rocket Lab into the second coming of SpaceX. An exclusive excerpt from When the Heavens Went on Sale, by the bestselling author of Elon Musk. ( Businessweek ) • The Secrets of Reedy Creek : Disney and Florida Gov.

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J&K Bank auditors raise red flags in FY23 accounts over employee stock transaction

CFO News

The J&K Bank’s auditors said its employees availed loans from the bank to purchase the shares, but that was in violation of the Reserve Bank of India’s directions.

Banking 111
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4 Things Great Companies Do to Improve Cash Flow

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

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Ransomware claims jump back up

CFO Dive

Ransomware claims filed by U.S. clients of insurance broker Marsh spiked 77% in the first quarter, following a downward trend in 2022.

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Barcode Scanners Improve your Warehouse - Top 5

Navigator SAP

A barcode scanner is a device that reads barcodes and converts them into digital data. When integrated with an enterprise resource planning (ERP) system, a barcode scanner can significantly improve inventory accuracy. An ERP system is a software solution that integrates all the different departments of a company into one central system to manage their operations more effectively.

Planning 130
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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • How Sam Bankman-Fried Peddled a Story Everyone Wanted to Believe : In an excerpt from his upcoming book, Axios’s Brady Dale explores “what we think we know” about Sam Bankman-Fried, FTX, and the crypto industry. ( Institutional Investor ) • Where to Invest in Real Estate Now : Four experts offer timely ideas on where — and whether — to invest in this messy market. ( Bloomberg ) • 2023 World Changing Ideas Awards : Fast Company’s annual World Changing Id

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J&K Bank’s FY23 results: Auditors raised flags and now regulators should act, says Amarjit Chopra

CFO News

A high level of compliance with various rules and regulations and sound governance practices are expected in state-run banks, particularly in view of huge public interest and appointment of directors by the government on their Boards, says the former ICAI President.

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The Financial Leaders Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

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FASB’s tax proposal will ‘change the game’

CFO Dive

Previous FASB calls for greater income tax transparency have drawn pushback from businesses. This time the initiative appears to be gaining steam.

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Join Navigator at the 2023 Bio International Convention in Boston

Navigator SAP

The BIO International Convention attracts 14,000+ biotechnology and pharma leaders for one week of intensive networking to discover new opportunities and promising partnerships. Navigator Business Solutions will be attending the 2023 Bio International Convention in Boston, MA June 5th - 8th.

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Offering Tax Preparation As A Solo Advisor: How To Attain Designations And Create A Schedule By Next Tax Season

Nerd's Eye View

Traditionally, financial advice and tax preparation have existed as 2 related, but separate, services. Besides the fact that many financial advisors don’t hold the necessary credentials (e.g., CPA, EA, or JD) to prepare tax returns and represent clients before the IRS, there has also been the impression that there is simply not enough time for one person to do both.

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Inflation in some commodities seen, pockets of stress remain : Dabur CFO

CFO News

With the question in every CFO's mind running if inflation remains a concern for them for this fiscal where dealing with higher raw materials prices and hedging the currency also become priority , Jain feels there are pressures on some commodities and rural demand has been affected due to the continued inflationary pressure.

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If It Aint Broke, Don’t Fix It: A Dangerous Mindset

Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

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Making the CFO-to-CEO leap: Velocity Global

CFO Dive

Being inquisitive about the broader business and “not necessarily going in as a CFO all the time” can help finance leaders make the jump to the CEO chair, said Frank Calderoni, CEO of Velocity Global.

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What Is Intelligent ERP? Unlocking the Potential of AI

Navigator SAP

Artificial intelligence (AI) is undoubtedly transforming every sector of the global economy, providing enterprises with cutting-edge systems to automate their core business functions and processes. This technology has been incorporated into various software development projects including the development of enterprise resource planning (ERP) systems.

Planning 130
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Future Proof 2023: First 50 Speakers Announcement Drop

The Reformed Broker

Our first big reveal of speakers, musical acts, media, and sponsors for @FutureProofAC 2023 IS HERE Get your ticket today and join us in Huntington Beach, CA on September 10th-13th Register here: [link] pic.twitter.com/rbQR2zAGDk — The Compound (@TheCompoundNews) May 10, 2023 Today we announced the first fifty speakers who will be appearing at Future Proof Festival 2023.

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Grant Thornton sees its CFO advisory business growing by 45% in FY24

CFO News

Grant Thornton Bharat may hire 400-500 people under its CFO advisory practice during FY24 to add to its existing size of 650 plus dedicated workforce in that domain.

CFO 105
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Navigating Corporate Travel Changes Post-Pandemic

Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.