Sat.Sep 16, 2023 - Fri.Sep 22, 2023

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The dynamic Duo of CTO, CFO in financial forecasting

Future CFO

It is a given that good collaboration between different functions within an organisation are crucial for the company’s success. This includes the pairing and alignment of the chief financial officer and the chief technological officer. Tony Allen , chief technological officer at subscription management software and recurring billing platform Recurly , dives deeper into the critical partnership between the CFO and CTO.

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5 Steps to Prepare your Organization for a Financial Audit

E78 Partners

Audits, while essential for maintaining the integrity and trustworthiness of an organization’s financial reporting, can be a daunting task. This is not just because of the intricacies and specificities required by the auditing standards but also due to the numerous challenges faced by organizations in the run-up to an audit. These challenges include resource limitations, complexity of accounting standards, volume of transactions, weak internal controls, stakeholder expectations, and much m

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All CFOs want to avoid surprises. Here’s how to do it

CFO Dive

Creating the best foundation for financial performance management is a massive area of opportunity for CFOs and a sure way to stop surprises before they stop you.

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Differences Between Budgeting and Forecasting in Business

Spreadym

Budgeting and forecasting in business are both financial planning tools used by businesses, but they serve different purposes and have distinct characteristics. Here's an overview of the key differences between budgeting and forecasting. Key differences between budgeting and forecasting Purpose Budget: A budget is a detailed financial plan that outlines a company's expected income and expenses over a specific period, typically a fiscal year.

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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 in advanced countries facing ‘deadweight’ economy challenge, says Gartner

CFO News

The deadweight economy challenges an organisation’s ability to meet corporate performance expectations by constraining traditional avenues for growth, pricing, investment funding, cost management, people management, and productivity gains, it says.

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4 Finance awards that will give you an instant career boost

The Finance Weekly

Finance folk are often the unsung heroes in a company. Despite their pivotal role in shaping a company's financial health and success it is often the CEO that grabs the glory and recognition. In fact one , survey went as far to show that two thirds (67%) of US finance leaders feel sorely underappreciated at being relegated to the shadows. Though this does not need to be the case any more.

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EY Survey: Pay, well-being, and flexibility prolong workplace tensions

Future CFO

Pay, along with employees’ well-being concerns and preference on remote workplace set-up, were found to prolong workplace tensions, posing difficulties in attracting and retaining talent, according to Ernst & Young ’s 2023 Work Reimagined Survey. Out of more than 17,000 employees surveyed, over 35% are likely to leave their jobs in the next 12 months, with Gen Zs and millennials found to be the most likely ones to quit.

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How to navigate stiff competition for talent in financial services

CFO Dive

The Great Resignation’s not over yet, at least not according to recent articles from Forbes, the World Economic Forum and others.

Economics 192
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How ERP Helps with Clincial Trails

Navigator SAP

Enterprise resource planning solutions (ERP) play a critical role in helping life sciences businesses scale. But they also can play an important role earlier in the lifecycle of a life sciences business by greatly improving the efficiency and accuracy of clinical trials.

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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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Nobody Knows Anything, Dot Plot Edition

Barry Ritholtz

The September Federal Reserve meeting is behind us we still have November and December ahead of us. Markets are nervous expecting another hike before years over before two cuts in 2024. My advice: ignore those expectations as they have been wildly inaccurate over the past few years; they have been mostly inaccurate over the past decade. When it comes to forecasting economic outcomes, the Fed is no better or worse than anybody else.

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Jeremy Grantham, Bubble Historian

The Reformed Broker

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Jeremy Grantham, and Downtown Josh Brown discuss being the “Bubble Historian”, Inflation, Modern Valuations, the Four most Dangerous Words, Real Estate, Impact Investing, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

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Flawed data ranked as top AI risk: Workday

CFO Dive

While AI error risks can be reduced, many firms are unprepared as they “wrangle huge volumes of information across patchwork systems, static spreadsheets, and fragmented processes,” Workday says.

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How to Run an Effective SAP Consultancy - Consulting Lifestyle Podcast

Navigator SAP

Are you curious about the world of IT consulting and how it has evolved over the years?

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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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MiB: Elizabeth Burton, Goldman Sachs Asset Management

Barry Ritholtz

This week, we speak with Elizabeth Burton , managing director and client investment strategist at Goldman Sachs Asset Management. She advises institutional clients on investment strategies and portfolio objectives, working alongside global client advisers and product strategists across public and private markets. Previously, she was CIO at the Employees’ Retirement System of the State of Hawaii, and managing director in the quantitative strategies group at the Maryland State Retirement Age

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Startup funding: Dry powder is limited

CFO News

In the first half of 2023, startups raised $3.8 billion through 298 deals. During the same time, in the first half of last year in 2022, a total of 729 deals were struck and $18.3 billion were raised. Before that, in the first of H1 of 2021, a total of 484 deals took place with $13 billion raised, according to PwC’s startup deal tracker.

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Small business confidence hits post-pandemic high: U.S. Chamber

CFO Dive

The outlook among small businesses has brightened as economists upgrade forecasts for economic growth this year and in 2024.

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10-year TIPS reopening auction should get best real yield in 14 years

Tips Watch

By David Enna, Tipswatch.com This year, for the first time, I’ve soured on buying Treasury Inflation-Protected Securities at auction. Why? Because real yields have often come in a bit below “predicted” market value.

Treasury 101
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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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10 Thursday AM Reads

Barry Ritholtz

My morning train WFH reads: • Peek Inside America’s Largest Privately Owned Company : Cargill’s business model has worked for 158 years. Follow the money and you’ll see it ain’t broken yet. ( Bloomberg ) • Indexing Is Still the Best Bet for Investors : History shows that even in ‘narrow’ markets, actively managed funds don’t do as well over the long term. ( Wall Street Journal ) see also You Might Be Paying Too Much for That Index Fund : Push toward zero-cost ETFs nears the finish line. ( Wall S

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India as hub for international arbitration needs to be accessible, economical, simple: Judges

CFO News

India has all the relevant infrastructure to become international arbitration hub in terms of human resources and capability for the same as per Judges of various High Courts, however, making India hub for international arbitration need to revamp certain statutory provisions, adopt measures that prove to be effective in terms of the conduct of proceedings, preserve evidence in arbitration and adopt simpler methods that are economical and effective in enabling international arbitration in India.

Economics 105
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Average insider cyberthreat cost spikes 40% in 4 years

CFO Dive

The outsmarting of insiders is a “go-to tactic” for many cyberattackers looking to steal credentials and gain access to critical data, according to research from the Ponemon Institute.

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Upping spreadsheet value in 2023 for digital finance

Future CFO

However, we may belittle it as a product of the late 70s technology, the spreadsheet remains a preferred first tool for organising ideas into some order – whether it is a list of people attending an event or expenses. Earthweb estimates there are up to 1.5 billion people who use Excel – Microsoft's version of the spreadsheet. Wonder estimates up to 2 billion people use Google Sheets every month.

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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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How A 3-Person Team Optimizes Advisor Capacity For Firm Growth

Nerd's Eye View

When an advisor runs their own solo advisory firm, their capacity to meet with current and prospective clients is limited to the extent that they are also responsible for all of the non-client-facing tasks of running their firm. Which may not be a serious limitation when they are just starting out and don’t have a lot of clients to serve, but as the firm grows, they will eventually run out of time available for working with clients – at which point, it becomes necessary to decide whe

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Wipro’s CFO Jatin Dalal resigns, senior VP Aparna Iyer to take over

CFO News

Aparna will report to CEO Thierry Delaporte and will join the Wipro Executive Board. She succeeds Jatin Dalal who is stepping down to pursue other career opportunities.

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Big Ten schools produce more CFOs, fewer CEOs than Ivies

CFO Dive

The University of Virginia, Pennsylvania State University and University of Texas at Austin top the list of public schools that have produced sitting CFOs.

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Still surprised

The Reformed Broker

Kristen Oliveri wrote this at the new Crain Currency – a magazine covering family offices and wealth management – yesterday afternoon: Enter Future Proof: a wealth management festival that’s decided to shake things up. Founders Josh Brown and Matt Middleton of Ritholtz Wealth Management knew the industry was due for some change, so they boldly decided to lead the way.

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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.