Sat.Dec 30, 2023 - Fri.Jan 05, 2024

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CFO optimism rises on outlook for 2024 economy: Fed

CFO Dive

Financial executives expect solid business performance in 2024, forecasting on average 5% revenue growth and a 2.7% expansion in payrolls.

CFO 321
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What CFOs must watch out for in 2024

Future CFO

With the new year now up and running, finance leaders must be able to keep up with the trends that will dominate the market to be able to plan and strategise ahead. Among such trends are artificial intelligence, talent retention and upskilling , and ESG. Artificial intelligence Finance tools that are boosted by artificial intelligence are being adopted at an exceedingly rapid rate across various sectors.

Finance 52
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Trending Sources

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2024: Business and Finance Ahead of Us

CFO News

Explore the optimistic financial forecast for India in 2024 by seasoned finance expert Robin Banerjee. From increased loan availability to a rising stock market, Banerjee provides insights into the potential economic landscape. However, he cautions against global risks that could impact India's trajectory.

Finance 119
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60 Years of Stock Market Cycles

Barry Ritholtz

Source: Visual Capitalist The post 60 Years of Stock Market Cycles appeared first on The Big Picture.

Marketing 119
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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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2023: A good year for fighting inflation

Tips Watch

For investors seeking safety and inflation protection, volatility brought strong opportunities. By David Enna, Tipswatch.com All things considered (financially speaking, that is) 2023 was a pretty good year. Maybe even very good. The U.S. inflation rate dropped from 6.

More Trending

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Stuck in a Staffing Crisis? 3 Reasons Your Recruiting Might Not Be Working

The Charity CFO

Imagine this: your nonprofit is busier than ever with fundraising events and field work to help make your community a better place. So busy, in fact, it’s time to hire a few new employees. But despite your job postings, you’re not recruiting as many candidates as you hoped. If this sounds like your organization, it might be time to analyze why your recruiting efforts aren’t paying off.

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Taking a CFO approach to digital transformation

CFO Dive

In a post-AI world, companies must retool their digital transformation approaches from large-scale to piece by piece, and CFOs play a critical role.

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CFOs' guide in talent outsourcing

Future CFO

The decision to outsource certain functions within the organisation has become a strategic choice for many companies seeking to optimise their operations. In a bid to maximise resources, be it funds or the people themselves, it is a business imperative for finance leaders and chief financial officers to determine whether outsourcing is the right fit for the business.

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CFOs' 2024 Pledge: Upskilling, sustainability, and financial growth take center stage

CFO News

ETCFO explores the vision of India Inc CFOs for 2024 – a journey from financial innovation to societal impact. Dive into their transformative resolutions on upskilling, sustainability, and personal growth. Read what top CFOs have to say.

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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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Should Fast-Growing Businesses Choose SAP S/4HANA Cloud Public Edition or Business ByDesign?

Navigator SAP

There are many enterprise resource planning solutions (ERP) on the market today. For most businesses, SAP automatically makes the shortlist during the selection process because the company is one of the largest ERP vendors with wide industry adoption and some of the deepest understanding of the ERP space. Nobody ever gets fired for choosing an SAP solution.

SAP 157
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Bankruptcies surge 18% in 2023 as more distress looms

CFO Dive

The rise in business failures was one of the darker pieces of last year’s economic puzzle.

Economics 325
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State Coincident Indicators Slipping

Barry Ritholtz

I am popping out of book leave to share this single data point that snuck out over the holidays: The Federal Reserve Bank of Philadelphia’s State Coincident Indicators for November 2023. I like the SCI – its broad, consistent, and does not operate with too big of a lag. Over the past three months, the indexes increased in 25 states, decreased in 21 states, and remained stable in four, for a three-month diffusion index of 8.

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India's manufacturing PMI softens to 18-month-low at 54.9 in Dec: Report

CFO News

India's manufacturing sector sustained growth at 54.9 in December, an 18-month low. Despite this dip, softer increases in orders, controlled inflation and stable employment showcase resilience. Optimistic outlook prevails for the future.

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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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Data Update 1 for 2024: The data speaks, but what does it say?

Musings on Markets

In January 1993, I was valuing a retail company, and I found myself wondering what a reasonable margin was for a firm operating in the retail business. In pursuit of an answer to that question, I used company-specific data from Value Line, one of the earliest entrants into the investment data business, to compute an industry average. The numbers that I computed opened my eyes to how much perspective on the high, low, and typical values, i.e., the distribution of margins, helped in valuing the co

Valuation 107
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73% of accounting students lack money for gaining CPA license

CFO Dive

To stem a talent shortage, accounting firms need to reach out to potential CPAs well before they select their college majors, according to a CPA association.

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10 New Years Day Reads

Barry Ritholtz

Happy New Year! Kick it off right with our first day of the year reads: • Everything Wall Street Got Wrong in 2023 : Stocks were supposed to slump and bonds rally as the Fed drove the US into a recession. It didn’t play out as strategists expected. ( Bloomberg ) • Crypto Animal Spirits Are Back. What’s Ahead for 2024. Bitcoin backers are looking forward to an ETF and other catalysts that could lift prices in 2024. ( Barron’s ) see also Stocks Beat the Odds This Year.

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Supriya Lifescience CFO aims for Rs 1,000 crore revenue by FY27, advocates R&D policy changes in Budget 2024

CFO News

Supriya Lifescience, charts an ambitious path to achieve Rs 1000 crores in revenue by FY27. CFO Krishna Raghunathan outlines robust growth strategies, capital positions, and a keen focus on innovation in this comprehensive update.

CFO 115
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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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4th Quarter 2023 Economic And Market Outlook: Labor Market, Inflation, And Geopolitics

Nerd's Eye View

Niels Bohr famously observed that "Prediction is very difficult, especially if it's about the future!" The sentiment is especially poignant when it comes to economic forecasting, as it's nearly impossible to get an accurate picture of the current state of the economy at any given moment. As a result, uncertainty about how the economy may unfold, even along the shortest time frames, is the default.

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17 states are cutting income taxes this year

CFO Dive

Among the states with lower tax burdens is Arkansas, where corporate income tax rates are dropping to 4.80% this year from 5.30%.

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Not business as usual: How COVID-19 reshaped the narrative for Malaysia Aviation Group

Future CFO

Malaysia Aviation Group ’s (MAG) post-pandemic balance sheet is healthier than before COVID-19. The company reported a post-tax profit of RM1.146 billion for the fourth quarter of 2022, its best-ever quarter performance in the past two decades, according to its group chief financial officer Boo Hui Yee. The cash balance stood at RM4.6 billion at the end of December 2022, and the full-year net loss after interest and tax dropped 79% to RM344 million from RM1.65 billion a year ago.

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India's GDP likely to grow by 7.3 per cent in FY24, govt's first advance estimate shows

CFO News

In 2023-24, India's economy anticipates a robust 7.3 per cent growth, driven by thriving sectors, notably construction and manufacturing. However, agriculture's modest 1.8 per cent growth diverges from the trend.

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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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Weekend Reading For Financial Planners (January 6-7)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that comment letters submitted regarding the Department of Labor's (DoL) proposed Retirement Security Rule, which is intended to strengthen standards regarding the provision of certain retirement-related advice, reflect the contentious nature of the proposal, with brokerage and insurance industry groups arguing that existing regulations are sufficient to protect investors

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AI may boost M&A dealmaking this year

CFO Dive

M&A activity could be on the verge of a rebound this year, with artificial intelligence playing a key role, analysts say.

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At The Money: Contrarian Investing

Barry Ritholtz

At The Money: Contrarian Investing. (January 3, 2024) Is contrarian investing a solid strategy, or a fool’s errand? In this episode, I speak with Michael J. Mauboussin. Head of Consilient Research at Counterpoint Global, Morgan Stanley Investment Management We discuss why it is so difficult to fight the crowd, and identify when the crowd is right and when they have gone mad.

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India's services sector growth surges to three-month high, cost inflation hits 40-month low

CFO News

India's service sector ended 2023 on a resounding high, with the HSBC India Services PMI survey revealing a remarkable rebound in growth, marked by a surge in output and robust new business, buoyed by positive economic conditions and global demand.

Economics 105
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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.