Sat.Aug 19, 2023 - Fri.Aug 25, 2023

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CFOs expect inflation to settle down, optimistic on business performance in festive season

CFO News

With consumer price index (CPI) surging to 7.44 per cent in July and the central bank revising projection for inflation to 5.4 percent from 5.1 percent, inflation has shown worrying signs for business and the economy, finance head of companies are keeping eye on inflationary trends while driving growth. ETCFO brings to you how CFOs are dealing with inflation.

Finance 98
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Investing is the Study of Human Decision Making

Barry Ritholtz

Most people believe that investing is the science of generating a return on capital. That is an accurate but incomplete assessment. I believe it is more useful and comprehensive to define investing as the decision-making behavior of human beings as they interact with money: What their financial desires are, the risks they embrace, how they think about wealth, and what emotional pain they willingly suffer in order to generate that return on capital.

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Trending Sources

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AI in the finance function

Future CFO

Gartner says to build an AI-driven finance organisation for the future will require a combination of technical and business skills that many finance teams do not have today. Mark D. McDonald , senior director analyst in the Gartner Finance Practice , observes a profound shift in how finance teams work based on the accelerating use of AI to help them handle the increased complexity of their daily activities and become more productive.

Finance 98
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Lot of free money to burn on customers, premiumisation is the key : CFOs

CFO News

Top CFOs discuss how premiumisation, hyper personalisation and digital will shape up retail businesses further and help them ride on profitability. They said that capital is not a problem anymore, a lot of free money is available to be burnt on customers, but to acquire customers, customer satisfaction will be a key and that will only come with premiumisation and hyper personalisation.

Retail 98
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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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Compliance complexities escalate with multiple stakeholders, right organisational DNA to help reduce it: CFOs

CFO News

Top CFOs of India discuss how their respective businesses manage the compliance burden, costs, etc, how they use technology to make the process efficient and less taxing, and how the right company culture can help manage the compliance load.

More Trending

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Building and Maintaining Your Business Budget: The Essential Guide

Capital CFO LLC

Building and maintaining a solid business budget is a crucial aspect of running a successful small business or being an entrepreneur. It not only helps you stay organized and in […] The post Building and Maintaining Your Business Budget: The Essential Guide appeared first on Capital CFO+.

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Apple hits big oversold levels, now what?

The Reformed Broker

The Relative Strength Index or RSI is typically expressed as a 14-day reading to determine the degree to which a stock or an index is overbought or oversold, if at all. It was created in 1978 by J. Welles Wilder Jr. (here’s the book) who was a mechanical engineer by trade before turning his mathematical mind to stock and commodity trading, subsequently developing some of the most widely traded tools in technical ana.

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How Organizations Can Best Prepare for an ERP Implementation

Navigator SAP

Enterprise resource planning solutions (ERP) dramatically improve an organization’s operational efficiency, standardization and best practices by serving as the nerve-center for an organization. But rolling out a new ERP can be tricky, because these systems touch all parts of a business and therefore implementation is a complex project.

Planning 243
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Fleetcor CFO targets M&A, sales

CFO Dive

The Atlanta-based payments player’s new CFO doesn’t believe the M&A deal pendulum has fully swung over to a buyer’s market.

CFO 246
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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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Crypto Rising? Beyond High Beta Equity and FTX

CFA Institute

Rob Price, CFA, is the founder and CIO at Sound Money Capital in Los Angeles, a digital asset manager for HNWs and family offices. Prior to Sound Money, he was the head of asset allocation for South Africa’s largest pension fund -- Alexander Forbes, Mercer's African partner -- between 2016 and 2021. Price is committed to growing sound money adoption through professional asset management and quality research, creating a bridge between traditional finance and crypto.

Finance 52
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Toys for Billionaires: Sports Franchises as Trophy Assets!

Musings on Markets

I have always loved sports, playing tennis and cricket when I was growing up, before transitioning to fan status, cheering for my favored teams from the sidelines. I also like finance, perhaps not as much as sports, but there are winners and losers in the investment game as well. Thus, it should come as no surprise that when the two connect, as is the case when teams are bought and sold, or players are signed, I am doubly interested.

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Weekend Reading For Financial Planners (August 26-27)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent CFP Board survey indicates that consumers do not expect AI tools to replace human financial advisors, but rather supplement advisors' work. Further, 87% of respondents said they would trust advice from human advisors, more than any other source of advice surveyed, and well above the 37% who said they trust generative AI tools.

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GE Vernova announces finance chief ahead of planned spin-off

CFO Dive

Kenneth Parks’ appointment as CFO is the final piece in GE Vernova’s leadership stack before the company spins off as an independent entity.

Planning 246
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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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Crypto’s Unanswered Question: At What Price?

CFA Institute

Franklin J. Parker, CFA, is founder and chief investment officer of Directional Advisors in Dallas. He is a CFA charterholder, international speaker, and author of numerous peer-reviewed papers and articles. In 2017, Parker was awarded the NAAIM Founder’s Award for Investment Research for his work on merging active investment management and goals-based investing.

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Gulf Oil CFO sees EVs as a complementary opportunity, says open to investments in the space

CFO News

Gulf Oil Lubricants: Manish Gangwal aims for over 10% FY24 revenue growth and 14% margins in the next 2 years.

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Lessons for Investors from Mini-Panics

Barry Ritholtz

The first post-pandemic presentation I pulled together for my pal Joe Fitzgerald (we worked together in the late 2000s) was a new deck titled: Biggest Mistakes Made by UHNW Investors. In the intervening year, I updated and refined the deck, adding more examples and specific advice. below is my discussion of what the presentation will be like at the MoneyShow in Orlando on October 30.

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NVIDIA revenue jumps 88% amid AI ‘race’

CFO Dive

The race to adopt generative AI is on — and NVIDIA is determined to be the leader of the pack.

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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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Climate Change, Risk Management, and the Freedom to Invest Responsibly

CFA Institute

The freedom to invest responsibly and the principle of risk management must be defended, and that requires us to go back to basics.

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Kitces & Carl Ep 119: Navigating Succession Plans When Founders Are Having Second Thoughts On Retirement

Nerd's Eye View

For many next-gen financial advisors who start with or move their careers to an established firm, eventually earning an equity stake in that firm can be an exciting prospect and is often a major career goal that many advisors aspire to achieve. However, when these aspirations are delayed or blocked by senior advisory firm partners who choose to delay their retirement plans, it can leave younger advisors frustrated and in a place of uncertainty about their futures with their firm.

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Forget the iPhone: BlackBerry is still the one to beat

Barry Ritholtz

How little do we know about the future? A great way to figure that out is to look to our past, to see what we previously thought about what the future will hold. To wit: 26 years ago, the image above came from the cover story of Fortune magazine: “There’s a lot of buzz in the smartphone business lately, with Apple’s (AAPL) iPhone turning the mobile world upside down and Nokia’s (NOK) upcoming phone announcement providing a new challenge.

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Advance Auto names new CEO, CFO as profits decline

CFO Dive

The leadership changes come as the company launches a “comprehensive operational and strategic review” following a weak quarter.

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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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214: Nonkululeko Gobodo’s advice for shattering glass ceilings

CFO Talks

Nonkululeko Gobodo’s advice for shattering glass ceilings Written by: Leigh Schaller Nonkululeko Gobodo, one of the founders of what would become South Africa’s largest black-owned accounting firms as well as the first black female CA(SA) spoke to Chwayita Deliwe, co-owner of CN Outsourced Finance on the CFOClub Podcast. The two women shared their experiences of overcoming imposter syndrome, the value of self-belief and how gender roles need redefining.

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NFRA penalises audit firm, partner for lapses in auditing of Burnpur Cement

CFO News

The National Financial Reporting Authority (NFRA) has imposed fines totalling Rs 30 lakh on an audit firm and its partner for lapses in the audit of Burnpur Cement Ltd. The regulator has slapped a fine of Rs 25 lakh on the audit firm K Pandeya & Co and Rs 5 lakh on Manjeet Kumar Verma, a partner with the audit firm.

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Folly of Forecasts, Big Short Edition

Barry Ritholtz

Source: Adam Khoo , Twitter A preface before we get into this: Michael Burry has proven himself to be a rare fund manager. He has a great ability to identify a variant perception versus the Wall Street consensus and express that view in a deeply researched market position. As we learned in Michael Lewis’ book The Big Short , he had the courage of his conviction to stay with his position even as lots of others opposed it.

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Prophix CFO: Taking your place as a strategic leader

CFO Dive

The days of CFOs “being passive” in an organization are over, Prophix CFO Ryan Van Hatten says.

CFO 246
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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.