Sat.Feb 27, 2021 - Fri.Mar 05, 2021

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Adopt rolling forecasts and roll with the punches

Anaplan

Most people who labor through months-long annual financial planning cycles would admit the process is broken. It’s time-consuming, labor-intensive, and inflexible. Moreover, we now realize these rigid annual budgeting cycles don’t adapt well to today’s fast-moving environment. We simply can’t foresee a crisis or seize new opportunities 12 months in advance.

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Aswath Damodaran on the COVID Crucible: A Play in Three Acts

CFA Institute

"In most crises, young companies suffer at the expense of old companies, risk-on companies get hurt more than risk-off companies," Aswath Damodaran said. "This crisis seems to have flipped the script.".

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Birkenstock’s Billions: Getting Comfortable with Business Valuations

Creative CFP

In an office-based work environment, smart shoes are essential. However, as the recent pandemic has shifted meetings from board rooms to video calls the need for formal attire has become limited to clothing seen from the waist up. This, in turn, has caused the demand for comfortable shoes to climb through the roof, while the need for formal footwear, like stiletto heels, has dropped sharply - pun intended.

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Two months. Two new projects.

Castle Corporate Finance

Time certainly does fly when you’re having fun – Castle’s new CF Manager, Alex Nursey, reflects on his first couple of months in his new role. “It’s been two months since I joined the team at Castle. Whilst it certainly would have been easy to feel slightly overwhelmed starting remotely in the midst of a pandemic, my experience has fortunately been quite the opposite – I already feel like part of the furniture.

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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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Navigate dangerous curves nimbly with rolling forecasts

Anaplan

Most people who labor through months-long annual financial planning cycles would admit the process is broken. It’s time-consuming, labor-intensive, and inflexible. Moreover, we now realize these rigid annual budgeting cycles don’t adapt well to today’s fast-moving environment. We simply can’t foresee a crisis or seize new opportunities 12 months in advance.

More Trending

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How China’s tighter fintech regulation poses mixed implications

Future CFO

China’s slew of tighter and broader regulations on fintech activities will curb systemic risk from under-regulated fintech growth but will also pose a mixed credit impact across a wide group of participants, said Moody’s recently. “China’s fintech industry participants will have to adjust to tighter regulations that will have a broader and stronger oversight, leading to a period of moderating fintech growth and investment in the sector,” said Yan Li, a Moody’s Assistant Vice President and Analys

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Book Review: Too Smart for Our Own Good

CFA Institute

Too Smart for Our Own Good’ s core thesis should be taken to heart not only by investment professionals but by all investors.

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Five ways for finance leaders to leverage AI to manage volatility

Anaplan

The pace at which finance leaders must change course and re-forecast is increasing dramatically. Global events, competitive tactics, marketplace dynamics, and geopolitical moves create an influx of information and drivers that impact organizational tactics and decisions. Given so much uncertainty, it’s not possible to plan for just one or two future scenarios.

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Everything You Wanted to Know about FP&A Best Practices

Fpanda Club

The finance function now plays a crucial role in many organizations supporting and driving effective business decisions, and this is exactly the responsibility of FP&A standing at the crossroads of finance, strategy and technology to leverage data and generate insights. Many finance and FP&A leaders are now facing transformational projects trying to find the future shape of the FP&A organization.

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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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Finance likely to invest in four emerging technologies

Future CFO

Finance functions are likely to invest in four emerging technologies, according to a Gartner survey of 167 finance organisations conducted last November. While cloud enterprise resource planning (ERP) is the most favoured choice, other likely areas for investment include advanced data analytics, data storage, and robotic process automation (RPA), according to the advisory firm.

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How Long Does Competitive Advantage Last? A Sector Analysis

CFA Institute

Does a firm’s competitive advantage tend to endure longer in some sectors than others?

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People moves: Wilton Resources in Singapore, Novotech Health Holdings

Future CFO

Singapore-listed Wilton Resources Corporation Limited recently named Chia Wei Yang as Group Financial Controller. Aged 33, Chia will be responsible for providing leadership and direction for all aspects of financial planning, internal control compliance, financial reporting matter of the company and its groups of companies, and communication of financial performance and forecast of the group’s performance to the board of directors and the Singapore Exchange.

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Finance leaders: AI to perform many reporting tasks in the near future

Future CFO

Finance leaders expect AI to perform many of the finance and reporting tasks in the near future, said EY recently. According to the survey of more than 1,000 CFOs and financial controllers across 26 countries, 53%of respondents think it’s likely that more than half of the finance and reporting tasks currently performed by people will be executed by artificial intelligence (AI) over the next three years.

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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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Five traits of resilient organisations

Future CFO

The Deloitte Global 2021 Resilience Report identifies the traits of resilient organisations. The post Five traits of resilient organisations appeared first on FutureCFO.

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How Alpha Hides in GAAP Accounting: Return on Equity

CFA Institute

You can find significant alpha in the mechanics that drive GAAP accounting.

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How to use data to become effective finance leaders

Future CFO

Geoff Soon (pictured), Managing Director, South Asia at Snowflake shares with FutureCFO audiences how data and data analytics can help CFOs become more effective leaders. Geoff Soon, Managing Director, South Asia, Snowflake. FutureCFO: How do data visualisation tools help CFOs with real-time performance data? Geoff Soon (GS): Modern-day CFOs are expected to lead their organisations forward with analytics-guided decision-making, more efficient processes enhanced by artificial intelligence (AI), a

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