Sat.Nov 25, 2023 - Fri.Dec 01, 2023

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4 CFO tips for spurring growth through innovation: McKinsey

CFO Dive

More than eight out of 10 CEOs believe innovation is key to outperformance, but only 6% are satisfied with their companies’ track record in creativity, McKinsey said.

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How finance leaders can prevail over data chaos

Future CFO

Harnessing data gathered from various channels can be helpful in a finance leader's operational skills as this enables him to look into various trends in a particular area of business. This in turn allows him to make better decisions in times of crucial moments for the organisation. But even though technological advancements have been popping up left and right especially after the COVID-19 pandemic situation, it is still a challenge for leaders in the financial function to prevail over data chao

Finance 52
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Trending Sources

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Unlocking Growth: The Strategic Power of Debt as Financial Leverage

VCFO

Debt, often perceived as a financial burden, is a powerful tool when strategically employed. Frequently referred to as leverage, debt has the potential to fuel growth, drive strategic initiatives, and propel businesses to new heights. In this exploration, we’ll unravel common misconceptions surrounding debt, highlighting its strategic benefits, and providing comprehensive examples of how it can be a catalyst for continued growth and accelerated strategy.

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‘Rough ride’: 5 CFO tips for cutting insurance costs amid climate change

CFO Dive

CFOs facing more destructive weather and soaring insurance costs can take five steps to hold down premiums.

CFO 288
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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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The Relationship Between a Fractional CFO and Your Public Accounting Firm

Beacon CFO Plus

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. This ensures your company’s financial and accounting needs are met effectively. Here are some guidelines for how they should work together to avoid any potential roadblocks or conflicts.

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Small Cap Tech Stocks Are Taking Off

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: ►Year End Rally – Choose your weapon – tech almost always leads bull markets. ►Calm Breaks Out – One man’s calm is another man’s euphoria?

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Structure matters: How ITC transfers mitigate risk and maintain compliance

CFO Dive

The Investment Tax Credits (ITC) transfers are a powerful new tool for corporations to manage their tax liability. However, executing ITC purchases requires robust due diligence, structuring and insurance to de-risk each transaction.

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How Bullish Were You in 2011?

Barry Ritholtz

I have a vivid recollection of the period following the Great Financial Crisis: I spent March to September of 2008 writing Bailout Nation and the post-Lehman collapse revising and updating the manuscript. The first two months of ‘09 were spent editing, and off I went on a well-deserved vacation in late February. When I finally came up for air, markets had been cut in half (peak to trough down 56%) and every sentiment indicator I tracked was the most extreme they’ve been in my professional

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How to Cut the Costs of FDA Validation with ERP

Navigator SAP

All businesses want systems that perform as expected. But for life sciences companies, there is the additional burden of proving that the systems and processes within the company perform as expected. That’s because the U.S. Food and Drug Administration (FDA) regulates certain processes for public safety reasons. So life sciences firms are legally required to validate their systems.

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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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94 Percent of Indian CFOs bullish on nation's economic future, reveals Deloitte Survey

CFO News

Indian CFOs exhibit unparalleled confidence in their nation's economic future, with 94 percent expressing optimism, in stark contrast to the 30 percent among their Asian counterparts. Deloitte's APAC CFO Survey 2023 sheds light on this disparity, emphasizing India's financial leadership and the evolving role of CFOs in the region.

Economics 145
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For GenAI-backed accounting, CFOs can’t ‘learn as you go’

CFO Dive

CFOs need to develop a business-wide plan for GenAI’s use, create clear data practices and ensure accountability to incorporate the technology into accounting effectively.

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The “Art” of Market Timing

Barry Ritholtz

This weekend Jeff Sommer discussed a DFA research paper on market timing; both are well worth your time to read. The broad strokes are: Market timing is extremely difficult, very few people (if any) do it consistently well. Not only are the odds stacked against you, but very often systems that have successfully timed the market have been simply lucky, and do not succeed in out-of-sample tests.

Marketing 117
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Advice Engagement Tools For A More Dynamic VIP (Visualization, Interaction, and Process) Planning Experience

Nerd's Eye View

The traditional way that most financial planning has been offered was for an advisor to create "The Plan": a comprehensive document outlining a client's financial strategy that was delivered either on a one-time basis or updated annually. However, as the industry has shifted towards an ongoing relationship model, advisors have felt compelled to demonstrate consistent value to their clients throughout the year.

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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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Global slowdown could impact demand in India, says Assocham Secretary General

CFO News

ASSOCHAM's Deepak Sood flags the risks of global economic slowdown impacting India's demand and exports. He also notes domestic challenges like uneven monsoons and rising interest rates. Despite concerns, Sood projects India's growth at over 6.5 epr cent, emphasizing resilience.

Economics 116
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Powell does not rule out Fed rate hike even while noting slower inflation

CFO Dive

The Fed chief suggested that borrowing costs will remain high for the foreseeable future despite recent signs that inflation, hiring and economic growth are slowing.

Economics 311
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Forecasting Recessions

Barry Ritholtz

The chart above shows that 84% of CEOs are forecasting a recession over the next 12 months, 69% of Consumers saying the same thing, with the yield curve predicting a 61% chance of a contraction. The problem is those sets of forecasts is already 2 months old, dated October 3, 2023. It was before the very encouraging CPI, Unemployment, and GDP data releases.

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Weekend Reading For Financial Planners (December 2-3)

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 U.S. Supreme Court heard arguments this week in the case of SEC v. Jarkesy, which in a narrow sense focuses on the SEC's use of in-house Administrative Law Judges to hear securities law cases rather than traditional Federal jury trials, but in a broader sense could call into question the SEC's (and other government agencies') authority to make rules and enforce laws in

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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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Quess CFO sees no major slowdown next two quarters, bullish on BFSI & manufacturing hiring

CFO News

Quess Corp anticipates sustained growth, with a focus on hiring in BFSI and manufacturing, despite a decline in conventional IT services, as stated by Group CFO Kamal Pal Hoda. He also highlights robust financial performance in Q2FY24 and shares the growth and financial targets of the company for the upcoming quarters.

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Accounting events for Q4 and 2024

CFO Dive

It’s time to consider registering for a range of upcoming accounting conferences — both in person and online. CFO Dive’s got a list to help sort through them.

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MiB: Peter Atwater, Financial Insyghts

Barry Ritholtz

This week, we speak with Peter Atwater, president of Financial Insyghts and an adjunct professor at William & Mary and the University of Delaware. He studies the impact of changing confidence on consumer decision-making and advises investors, businesses and policymakers. He coined the term “K-shaped recovery” to describe the pandemic’s effects on the economy.

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How Financial Advicers Can Write, Publish, And Distribute Their Own Book To Create A More Effective Impression On Prospective Clients

Nerd's Eye View

One of the main goals of financial advisors who market themselves is to build a foundation of trust with their prospective clients so that they feel comfortable in discussing often-sensitive financial topics and ultimately acting on the advisor's recommendations. The challenge, though, is that advisors usually have only a short amount of time to build this trust, and while advisors can use different channels (e.g., their websites, newsletters, and social media) to demonstrate their expertise, th

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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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The brave nation builders of India Inc

CFO News

I strongly believe it is high time policymakers, India Inc, and specifically decision makers like CFOs and HR heads, look at the workers very seriously. Because they are the brave ones who are building India and India Inc.

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Inflation, consumer spending cool, validating pause in Fed rate hikes

CFO Dive

Fed officials have recently noted progress in curbing price pressures but cautioned against expectations of sustained disinflation or an imminent cut to borrowing costs.

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10 Thursday AM Reads

Barry Ritholtz

My morning train WFH reads: • Owners Keep Zombie Malls Alive Even When Towns Want to Pull the Plug : Aging malls often take a long time to expire, but they can remain valuable assets. ( Wall Street Journal ) • A strange, short journey through Shein’s world : The fast fashion brand has been trying to drop the secrecy around its business model and supply chain.

Education 103
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Kitces & Carl Ep 126: The Best Ways To Boost Advisor Productivity: New Tech Efficiencies Vs. Old Fee Increases

Nerd's Eye View

Financial advisors looking to increase their firm's productivity may often start by choosing either to hire more employees as a way to delegate their workload, or to implement new technology solutions to increase the efficiency of their work processes. While the expectation is often that investing in these solutions will enhance efficiency, advisor capacity, and margins without proportionally increasing costs, the reality is that they typically have a modest impact on profitability (with no more

Math 75
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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.