Sat.Sep 02, 2023 - Fri.Sep 08, 2023

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Why CFOs could unlock economic growth

CFO Talks

Written by Staff Writer Nicolaas van Wyk recently spoke on a #CFOClubConvo webinar about the project he is spearheading with the Gauteng MEC for Finance Jacob Mamabolo to boost collaboration between the public sector and private sector CFOs to grow Gauteng’s economy. Finding enlightenment in Indian While attending last year’s International Federation of Accountants conference in India, Nicolaas van Wyk, CIBA’s CEO, came across an enlightening idea.

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Navigating Volatile Markets: Strategies for Successful Investment Analysis

Financial Analyst Insider

The world of investing is characterized by its exhilarating highs and heart-wrenching lows. While the potential for substantial gains is alluring, the volatile nature of The post Navigating Volatile Markets: Strategies for Successful Investment Analysis appeared first on Financial Analyst Insider.

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Tips for Success: The Role of Profitability Analysis and Improving Profit Margins

Centage

The current economic climate is causing profound challenges for business owners across industries. Not only is inflation on the rise, but increased costs associated with food and housing mean that buyers everywhere are feeling the strain. With more shoppers prioritizing necessities, businesses increasingly have to make adjustments to stay in the black.

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Exposing the Path to Profitability | Matt Gustke, CFO, WooCommerce

CFO Thought Leader

MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software. The Planful platform, which helps businesses drive peak financial performance, is used around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and analytics. Planful empowers finance, accounting, and business users to plan confidently, close faster, and report accurately. www.planful.com The post Exposing the Path to Profitability | Matt Gustke, CFO, WooComme

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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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SEC cyber rules go into effect, raising stakes for CFOs

CFO Dive

Armed with its new rules that expand on prior guidance, the regulator could be poised to double down on aggressive cybersecurity enforcement, experts say.

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FASB finalizes new fair value crypto accounting

CFO Dive

Many crypto companies have clamored for the fair value fix, which won't apply to such assets as NFTs.

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FASB raises tax transparency bar

CFO Dive

The third time turned out to be the charm for the FASB’s standards update that will require companies to disclose more tax information.

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Vinfast Lists On The Nasdaq

Global Finance

VinFast, founded in 2017 by VinGroup chair and Vietnamese billionaire Pham Nhat Vuong, became more valuable than legacy automakers such as Volkswagen, Ford, GM, Mercedes-Benz and Ferrari.

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How Advisors Can Help (Not-So HNW) Clients Maximize Asset Protection By Assessing Strategies, Tools, And Education

Nerd's Eye View

Financial advisory clients are routinely concerned about lurking threats to their hard-earned wealth in the form of a large unforeseen judgment on a liability claim. While asset protection is a popular planning topic for High-Net-Worth (HNW) and ultra-high-net-worth clients, those who are not HNW are susceptible to the same threats to wealth. However, while some protection options come with a high cost (that might not be practical for non-HNW clients), asset protection can come in many forms, so

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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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How to Tell If You Need a New ERP Support Partner

Navigator SAP

ERP is supposed to solve operational problems and make a business more efficient. But that’s only the case if your ERP solution is configured correctly and modified as needs change. “If you implement correctly,” says Christopher Beck, the former global head of IT as shaving product supply company, Harry’s, “an ERP can free up your time from manual tasks so you can perform more value-added work.

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CFOs are ‘squarely’ in ERP decision process, Deloitte’s Farhat says

CFO Dive

Transformation is a key way for CFOs to cut costs and boost profit, but finance chiefs need to keep compliance front and center, Deloitte’s Isa Farhat advises.

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Nobody Knows Anything, John Wick edition

Barry Ritholtz

 In 2016, I wrote about the novelist and screenwriter William Goldman, and his delightful book, “ Adventures in the Screen Trade.” He is the Academy award-winning scriptwriter who penned such classics as “Butch Cassidy and the Sundance Kid” (1969), “All the President’s Men” (1976), “Marathon Man” (1974), and the cult-favorite “The Princess Bride (1973).

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G20 Summit 2023: CFOs eye outcomes on tax reforms, carbon emissions, trade disputes

CFO News

In order to sense what the CFOs are anticipating from the mega economic event, ETCFO interacted with a few of them dealing in consumer electricals, infrastructure, commodities, and energy equipment.

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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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Why Gauteng’s economy and its CFOs hold the keys to national prosperity

CFO Talks

Written by Leigh Schaller If the country’s largest economy can rapidly grow, the nation will follow. This is what the new Gauteng GDP 35% Plus private-public initiative hopes to achieve. Gauteng’s economy is twice the size of the next biggest provincial economy. Over the decades, Gauteng has moved from a mining hub to the manufacturing and financial services heartbeat of South Africa.

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Paradigm CFO, general counsel to depart in crypto shakeup: reports

CFO Dive

The two executives are reportedly departing as the regulatory attention tightens on the cryptocurrency space, with Paradigm chiding the SEC for growing “regulatory ambition.

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10 Labor Day Reads

Barry Ritholtz

My 3-day weekend reads: • How Friday Became the New Saturday : A summer perk became a year-round staple. More white-collar employees are clearing the decks at the end of the week after pandemic upended in-office work. ‘Friday is just a dead day.’ ( Financial Times ) • All That Empty Office Space Belongs to Someone : If the nearly 100 million square feet of office real estate stays empty, who loses?

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$5 trillion economy: CFOs say ease of doing business, credit support crucial to achieve the goal

CFO News

Correct balance between fiscal support and discipline, providing skilled education, women's participation in the formal workforce, modernisation of agriculture, healthcare support from the government, simplification of taxation and credit support to MSMEs needed to achieve the target in two years, finance honchos say.

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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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Global GDP growth forecast upgraded to 2.4% for 2023

Future CFO

Atradius has recently upgraded its global GDP growth forecast for 2023 to 2.4%, which is a slowdown from 2022 but a significant improvement on earlier predictions. In addition, the firm posted a global GDP growth forecast of 2.0% for 2024. “We predict that global trade growth will slow to 1.9% in 2023, from 3.2% in 2022, with a slight recovery in 2024 to 2.5%,” the firm noted.

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United Airlines CFO downplays potential Denver HQ move

CFO Dive

Losing United would be another blow to Chicago’s economy and commercial real estate market, which saw Boeing and Citadel pull up stakes last year.

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The Latest In Financial #AdvisorTech (September 2023)

Nerd's Eye View

Welcome to the September 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news that WiserAdvisor, one of the longest-running lead generation services in the industry, has acquired IndyFin, a startup advisor rating platform that had aspired to be the 'Yelp for Advisors' – whi

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India’s services PMI falls to 60.1 in August, overall conditions remain robust

CFO News

According to the S&P Global survey report the overall conditions in India's services sector remained strong, with exports at a record high and the index reading above the 50-mark for the 25th consecutive month. The survey also showed that foreign demand was the highest since September 2014.

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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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CFO Corner: Brian Johnson CFO MoneyGram

Global Finance

Brian Johnson recently stepped down as CFO of MoneyGram, a Dallas-based cash transferring company that operates in 200-plus countries and territories. He met with Global Finance shortly before resigning. The following remarks are edited for length.

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Women executives may reach leadership parity by 2030: S&P

CFO Dive

Despite recent advances, women worldwide are unlikely to attain gender parity throughout the labor force for several decades, according to some research.

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Weekend Reading For Financial Planners (September 9-10)

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 SEC this week issued a risk alert outlining how it selects firms to examine, the areas it focuses on during exams, and how it chooses which firm documents to request, details that could ultimately help firms be better prepared for their next exam and make it a shorter, less painful process!

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If joint audit is to be brought in, there should be complete clarity on auditors’ responsibilities: NFRA Chair

CFO News

Users of financial statements should have a clear-cut view about which auditor is behind that assertion which is true and fair, Ajay Bhushan Pandey tells ET CFO.

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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.