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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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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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.

More Trending

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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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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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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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Fed holds main rate steady, wants ‘greater confidence’ inflation falling

CFO Dive

The central bank in a statement dropped a prior reference to “additional policy firming” but gave no support to market expectations that it will soon reduce interest rates.

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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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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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Using A Testamentary Charitable Remainder Unitrust (T-CRUT) To Give Twice To Both Loved Ones And Charitable Organizations

Nerd's Eye View

In late 2019, Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act, introducing several significant changes to retirement planning. Of the many provisions in the bill, the so-called "Death of the Stretch" arguably received the lion's share of consternation from the financial advisor community. Under the new law, non-spouse beneficiaries (with few exceptions) must now withdraw the entirety of an inherited IRA within 10 years of the account owner's passing rather

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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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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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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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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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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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Union Budget 2024: FM Nirmala Sitharaman Speech Highlights

CFO News

India Inc braces itself for the interim budget for 2024-2025 to be announced soon. Finance Minister Nirmala Sitharaman, will be presenting her sixth union budget, rather than a full Budget ahead of the General Election in 2024.

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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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MiB: Tom Hancock, GMO Focused Equity

Barry Ritholtz

This week, we speak with Tom Hancock, a partner at GMO LLC, where he is also head of the Focused Equity team. He manages the focused quality fund and its new Quality ETF, and is the portfolio manager for quality strategies. He previously served as co-head of the firm’s global equity team. Before joining GMO, he was a research scientist at Siemens and a software engineer at IBM.

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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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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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China Evergrande ordered to liquidate by Hong Kong court

CFO News

China Evergrande Group, the world's most-indebted property developer, was ordered to be liquidated by a Hong Kong court. The wind-up could result in management being replaced and address some of the company's issues. With 2.39 trillion yuan ($333 billion) of liabilities, Evergrande is a prominent symbol of China's real estate crisis.

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BP makes interim CFO permanent

CFO Dive

With Kate Thomson, the London-based oil giant holds a spot in the still relatively rarefied ranks of major companies with women in the top finance seat.

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10 Weekend Reads

Barry Ritholtz

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • Why Walmart pays its truck drivers 6 figures : Walmart’s stores are bare-bones — but their truckers’ pay stubs aren’t. ( Freight Waves ) • How a Lucky Break Fueled Eli Lilly’s $600 Billion Weight-Loss Empire : The company’s new obesity shot, Zepbound, is expected to be the bestselling drug of all time. ( Businessweek ) • Welcome to 2034: What the world co

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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.