Sat.Jan 27, 2024 - Fri.Feb 02, 2024

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Fractional CFO Explained

CFO Share

What is a fractional CFO? A fractional CFO is a part-time CFO for small companies. It is a cost-effective way for small businesses to utilize professional finance and accounting without the commitment of a full-time employee. Thanks to cloud-based bookkeeping , fractional CFOs have recently become accessible to even the smallest companies. Why would I hire fractional CFO services?

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The role of predictive analytics in modern CFO strategies

CFO Talks

In the evolving role of a Chief Financial Officer (CFO), mastering risk management, budgeting, and forecasting tools is crucial. These competencies not only strengthen the financial backbone of an organisation but also prepare it to navigate through uncertainties and market volatility. Risk Management: Effective risk management is a multifaceted approach, involving more than just financial analysis.

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Trending Sources

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Exploring the 4-Day Work Week: A Financial Perspective for CFOs

CFO Talks

In the wake of the post-pandemic era, businesses have undergone substantial transformations, particularly in embracing flexible work arrangements. One emerging trend gaining increasing momentum is the 4-day work week. But the question looms: Can Chief Financial Officers (CFOs) realistically embrace this model without compromising financial efficiency and productivity?

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Risks, challenges CFOs expect in 2024

Future CFO

Chief financial officers step into the new year with strategies in mind for the benefit of their organisations as a whole. The global economy looks set to grow slowly once again in 2024, and downside risks remain, according to Jonathan Ashworth , chief economist at the Association of Chartered Certified Accountant. Jonathan Ashworth "The lagged impact of past monetary tightening could lead to an even more pronounced slowing in growth, and geopolitical risks remain very heightened, while the busy

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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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CFOs must keep focus on ‘streamlined, clean’ data, Infosys exec says

CFO Dive

Wrestling insights out of previously siloed data in a compliant, effective manner is paramount for CFOs looking to take advantage of generative AI technologies.

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Data Update 4 for 2024: Danger and Opportunity - Bringing Risk into the Equation!

Musings on Markets

In my last data updates for this year, I looked first at how equity markets rebounded in 2023 , driven by a stronger-than-expected economy and inflation coming down, and then at how interest rates mirrored this rebound. In this post, I look at risk, a central theme in finance and investing, but one that is surprisingly misunderstood and misconstrued.

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Is It Time to Work With an Outsourced CFO?

Beacon CFO Plus

When CFO Services Become a Strategic Imperative In the ever-evolving business landscape, the decision to bring in external expertise can have a major impact on your success. Regardless of your business’s size or industry, there comes a point where engaging with an outsourced CFO becomes necessary. Here are a few examples of when it may be time to work with a fractional CFO either part-time or on a project-by-project basis.

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Targeting the accounting shortage: 2024 tactics

CFO Dive

With controversial state legislation and big changes for CPA exam takers afoot, this year could be a volatile one for accounting players.

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Cost pressures continue to ease

Future CFO

Cost pressures continue to ease according to accountants worldwide, but remain elevated by historical standards, said ACCA recently. The ACCA and Institute of Management Accountants (IMA) Global Economic Conditions Survey (GECS) shows declining confidence among accountants globally for the third consecutive quarter in Q4 2023, consistent with a further moderation in global growth.

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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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The Benefits of Cloud ERP for Growth-Focused Companies

Navigator SAP

Some startups grow over time. Others move fast and chase the unicorn status of a $1 billion valuation like sustainable shoe manufacturer, Rothy’s. For slow-growth businesses, there are many options for backend IT systems. But for fast-growing companies that are growth-focused, there really is only one path: cloud-based ERP. Enterprise resource planning solutions (ERP) are the backbone of most businesses today, and for obvious reasons.

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Deloitte in eye of storm as SEC probes Tingo for $470 mn scam, experts call for greater oversight to protect Indian investors

CFO News

Auditing firm Deloitte has once again been caught in the eye of the storm of regulators.

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Productivity rebound buoys profits, blunts inflation, validates streamlining

CFO Dive

A leap in productivity may reflect a post-pandemic readjustment rather than a lasting trend in higher efficiency, Federal Reserve Chair Jerome Powell said.

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State Coincident Indexes Improve

Barry Ritholtz

A quick follow-up to last month’s note on slipping coincident indicators: December was relatively stable compared to the slide in November. Over the three prior months, “the indexes increased in 25 states, decreased in 22 states, and remained stable in three, for a three-month diffusion index of 6.” That is only one state worse on the decrease, and drop on the index from 8 to 6.

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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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Empower Growth and Accelerate Innovation in Life Sciences with SAP S/4HANA Cloud Public Edition

Navigator SAP

Growing a life sciences business is not an easy task. The life sciences industry presents plenty of opportunity, but operational complexity and regulatory challenges also are significant. You know this as an executive at a life sciences business. We understand the challenges of growing a life sciences business as well, because we’ve been helping life sciences businesses scale for many years as a leading ERP implementation partner that specializes in your line of business.

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Union Budget 2024: GST changes not likely on legislative side, procedural changes inevitable, says tax expert

CFO News

As the Interim Budget 2024 nears, significant shifts in India's GST policies come to the forefront, particularly focusing on procedural changes. The expected announcements include measures for compliance simplification, potential relief for MSMEs, and a digital push, outlining a strategic direction for a more streamlined and responsive fiscal landscape.

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Tech CFOs kick off 2024 with flurry of layoffs

CFO Dive

The latest layoffs show that many tech CFOs remain laser-focused on ensuring long-term profitability in an uncertain economic environment, analysts said.

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RWM is Coming to Naples, Florida!

Barry Ritholtz

Exciting news! In a few weeks, we are heading down to Naples, Florida, where we just launched a new office! Everybody knows what a fun city Miami is, but I am a big fan of the underappreciated gem that is the Gulf Coast of Florida. When the opportunity to partner with Adam Day, CFP in Naples came along, we jumped on it. Michael Batnick and are coming down with some of our colleagues on March 4th-6th.

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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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TreasuryDirect 1099s: How to find tax forms, decipher them

Tips Watch

By David Enna, Tipswatch.com One of the “interesting” challenges in dealing with the U.S. government’s TreasuryDirect website comes each January, when you might — or might not — need to go in search of federal tax forms.

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Budget 2024: Sankalp for an Unstoppable INDIA: Rakesh Nangia

CFO News

In this article, Rakesh Nangia and Rajan Sachdev delve into Finance Minister Nirmala Sitharaman's Interim Budget 2024. They highlighted that this budget presents a Sankalp (pledge) for an Unstoppable India, emphasizing inclusive growth, innovation, and the strategic importance of the India-Middle East-Europe Economic Corridor.

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R&D tax credit tweak proposal sparks pushback

CFO Dive

The American Institute of Certified Public Accountants asserts information required by the proposed new form will be a “material burden” for taxpayers.

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Weekend Reading For Financial Planners (February 3-4)

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 Morningstar survey has found that financial advisory clients are more likely to stick with their advisor for emotional reasons rather than investment returns alone. Which suggests that building trusting relationships with their clients and giving them added confidence in their financial decision-making (rather than focusing on ways to juice investment returns) could be t

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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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How CFOs and businesses should mitigate cybersecurity risks in 2024

Future CFO

CFOs and businesses should expect higher cybersecurity risks in 2024 such as more large-scale cyberattacks on supply chains and critical infrastructure, said Kaspersky recently. Utilising AI , cyberattacks are expected to exponentially increase in frequency and intensity as well, said Yeo Siang Tiong, General Manager for Southeast Asia at Kaspersky.

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FM raises capex expenditure by 11.1% to Rs 11.1 crore

CFO News

Capex: Brokerages had predicted that there would be be a slowdown in capital expenditure growth with focus shifting towards alleviating rural stress

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TIAA sues SVB ex-CEO, ex-CFO to recoup investment losses

CFO Dive

The conduct of Silicon Valley Bank’s former leaders has come under heavy fire since its collapse last year, which marked the largest banking failure seen since 2008.

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Advisors Are Becoming Better (Not “Faster”) With Advances In #AdvisorTech

Nerd's Eye View

For financial advisors, the promise of technology has always been to help advisors better leverage their time to grow their business. One possible way to do this is to use the time savings of technology to serve a higher number of clients. However, another approach advisors can take is to use their technology to do more – and better – work for the same number of clients while earning higher fees for the higher-value services they provide.

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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.