Sat.Aug 06, 2022 - Fri.Aug 12, 2022

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Average US CFO pay jumps 16%, outpacing inflation

CFO Dive

The gap between U.S. and European CFO pay persists with U.S. executives making more than double their French counterparts, a Spendesk survey found.

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Inflation Reduction Act may backfire: Tax Foundation

CFO Dive

Republicans and Democrats clash over the impact on inflation from a health care, climate and tax bill scheduled for a vote by the House.

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Trending Sources

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SAP ERP for Small Businesses

Navigator SAP

Small business cloud ERP may seem like a recent trend, but that’s not really the case. Enterprise resource planning software, with its ability to manage production, planning, purchasing, accounting, manufacturing, sales, distribution, customer service, and every other aspect of business, used to be a privilege reserved only for big corporations. After all, the word “enterprise” doesn’t exactly connote a mom-and-pop operation.

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Chinese Companies Go Dark

Corporate Finance

"Going dark" typically means that a company delists its stock from an exchange. Today, three Chinese companies announced plans to go dark from the New York Stock Exchange. What is interesting is that the companies will still be listed on the Stock Exchange of Hong Kong. The reason for delisting from the NYSE is that American regulators have warned Chinese companies that they would be forced to leave U.S. exchanges unless they allowed regulators to see the records of the company auditors.

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Planning Your Restaurants 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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Why the market is bouncing

The Reformed Broker

Why did the stock market bounce this summer? Everyone has their explanation: The Fed might pivot! Inflation readings have now peaked! Oil prices are down 25%! China is ending the lockdowns! The labor market is staying strong! Earnings are still coming in better than expected! All true. But there’s an even better reason that doesn’t invalidate any of the ones I’ve posted above.

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Steps of Quality Control in the Pharmaceutical Industry

Navigator SAP

If you've been reading about ERP systems for medical devices or ERP systems in the pharma industry , you know that quality control regulations have grown more stringent over the last few years. These changes require companies to implement life science ERP software to centralize, streamline, and optimize their processes. But what exactly are the steps of quality control in the pharmaceutical industry?

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Stock Repurchase Tax

Corporate Finance

The Senate recently passed the Inflation Reduction Act of 2022. Major components of the Act include spending on climate change, increased IRS spending, and measures to lower the cost of prescription drugs. In order to pass the Act, a last minute change to get the necessary votes was a 1 percent excise tax on stock repurchases. As we showed in the text, dividends and stock repurchases affect a company and investors in much the same way.

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Please don’t pivot

The Reformed Broker

The Federal Reserve’s recent attempt to check inflation has been somewhat successful and some macro factors have also gone its way. This morning’s CPI bolsters the case that falling gas prices are helping to ease the overall situation. The inflation rate for housing, rent and employment, however, remains stubbornly high. U.S. inflation was 8.5% in July, the Labor Department said Wednesday, holding close to it.

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‘Inflation persistence has jumped’: Richmond Fed

CFO Dive

Price pressures, pumped up by the pandemic and other shocks, have proven more durable in the past several quarters compared with a period beginning in 2008.

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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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ERP Systems for Pharma Companies

Navigator SAP

Quality control in the pharma industry has become more stringent over the past few years, making enterprise resource planning (ERP) software—like SAP for life sciences —almost a necessity.

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Unexpected Inflation

Corporate Finance

As we discussed in the textbook, stock prices move when unexpected news comes to light. Economists expected that inflation for July would be 8.7 percent, lower than June's 9.1 percent. Instead, it was announced today that July's inflation was "only" 8.5 percent. The stock market reacted dramatically as the S&P 500 jumped about 2 percent and both the Nasdaq and Russell 2000 jumped almost 3 percent.

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Business Planning Best Practices to Navigate a Downturn

Centage

It’s a challenging time to run a business. Even as companies cope with the lingering impact of the pandemic, they’re also dealing with new concerns of inflation, recession, softening demand, and higher cost of capital. With supply chain bottlenecks making it hard for businesses to access necessary goods and services, many companies are looking for a way to get back on track this year.

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Inflation slows but probably not enough to deter Fed tightening

CFO Dive

Central bank officials say they need to see consistent signs that price pressures are falling toward their 2% target before they declare victory against inflation.

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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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How Cloud-Based Platforms Can help CFOs Operate Remote Teams

FISPAN

Choosing cloud-based platforms for your business can mean the difference between major disruption to your financial operations and smoother sailing in the months ahead. As offices continue to walk the line between remote and hybrid office structures, cloud-based platforms form the future of modern work. CFOs, as with any C-suite role, have always had their organizational struggles.

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Webinar: B2B Payments: 2022 Survey Results | September 13

Strategic Treasurer

B2B Payments: 2022 Survey Results. September 13 | 2:00 PM EDT. Register Now. Date. Tuesday, September 13, 2022. Time. 2:00 PM – 3:00 PM EDT. Where. This is an online event. Speakers. Gunita Bindra, Bottomline Craig Jeffery, Strategic Treasurer. Sponsored By. Hosted By. 1.2 CTP and FP&A re-certification credits are pending for attendance to this live webinar.

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From CFO to CEO: why this pathway to the top is increasingly common

CFO Talks

In February, Barry McCarthy was promoted from CFO to CEO of US sporting company Peloton Interactive. Closer to home, David Pfaff went from CFO to CEO of Tyme Group in May. We think the pathway from CFO to CEO will become increasingly common for these three reasons. 1. CFOs are no longer just number crunchers. The evolving role of the CFO is often discussed in our CFOTalks podcasts.

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Starbucks, Walmart alum moves to JCPenney CFO seat

CFO Dive

Ahold Delhaize and Starbucks alum Stephanie Plaines will take on the CFO role for retailer JCPenney effective immediately, the company announced Aug. 11.

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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 Psychology of Fundraising: Why Do Donors Give?

The Charity CFO

Why do people donate to nonprofits? After all, giving away money isn’t rational. Moreover, from a human behavior standpoint, the psychology of fundraising doesn’t appear to make sense. And yet, people across cultures and contexts give generously to organizations that share their values. . So, what forces explain fundraising psychology? And how can you harness those forces to raise more money for your organization?

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Don’t confuse the company’s value with the value of shares

One to One

The post Don’t confuse the company’s value with the value of shares appeared first on ONEtoONE Corporate Finance.

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How CFOs can keep and attract top talent

CFO Talks

Talent shortage is the number one threat to business, according to a survey of leaders of the Fortune 500 companies. This is because the US is experiencing a strong demand for labour and low unemployment after COVID, dubbed ‘The Great Resignation’. The rest of the world is in the same predicament, although not always for the same reasons. Global demand for accountants.

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How to adopt dynamic pricing on B2B marketplaces

CFO Dive

By 2028, it’s estimated that the global B2B e-commerce market size will reach $25.65 trillion. Dynamic pricing is one of its challenges.

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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.

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Oil & Gas Labor Shortages

VCFO

Overcoming Labor Shortages in the Oil and Gas Industry. The U.S. oil and gas industry has remained resilient through continued market volatility and tough-to-predict booms and busts – even through the compounding wake of COVID and other recent market disruptions. From 2014-2019, swings in oil prices negatively impacted more than 3,000 exploration, production, and oilfield service jobs in the U.S.

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U.S. inflation went flat in July: What it means for I Bonds, TIPS and Social Security COLA

Tips Watch

Core inflation continues at 5.9%, an unsustainable rate. By David Enna, Tipswatch.com I warned you: Inflation numbers are notoriously fickle in the summer months, and so here we go: All-items U.S. inflation increased 0.

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Creating Powerful Firm Messaging That Targets Prospects In Your Niche

Nerd's Eye View

Good marketing based on using impactful messages for consumers is a foundational element for many types of businesses that allows companies to define and convey their unique value. For financial advisors, effective messaging often tells the story of how their advisory practice serves clients, with the intent to resonate with the audience and inspire them to engage with the firm.

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Brink’s taps Eaton, PwC veteran as CFO

CFO Dive

The Brink's Company, know for its iconic trucks that transport cash, has tapped a new CFO as its long-time finance chief prepares to retire.

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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.

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Fundamental Value Revisited? Three Investing Tips for “Absolutely Crazy” Conditions

CFA Institute

What do we do in an environment where fundamentals begin to take a backseat to public policy?

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Asia Pacific M&A remains robust in 2022

Future CFO

Asia Pacific M&A activity remains robust in 2022 despite major geopolitical and financial headwinds, said EY recently when releasing results of an analysis. With 648 deals of a total value of US$403b, M&A in H1 2022 may have seen a drop compared to this time last year (down 14% by value and 16% by volume), but activity is significantly up compared to H1 2020 (up 85% by value and 29% by volume), and remains in line with the average of the last M&A cycle (up 6% and 3% respectively), th

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Weekend Reading For Financial Planners (Aug 13-14)

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. Senate has passed the Inflation Reduction Act, which while being light on individual tax changes, nevertheless includes some important financial planning provisions such as prescription drug price relief for Medicare enrollees, continuation of expanded Affordable Care Act healthcare premium subsidies, and tax credits for energy efficiency upgrade