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Peloton cuts jobs, searches for new CEO amid financial turmoil

CFO Dive

“We made some very tough decisions, and while we firmly believe these actions are the right thing to do for the business, cuts like this are painful,” CFO Liz Coddington said.

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How an SAP Partner Can Be Your Long-Term Ally

Navigator SAP

Enterprise resource planning solutions (ERP) are only as static as the businesses that use them. That’s why it is important to have an SAP partner that is not only there during rollout, but also continues to support the business as it grows and evolves.

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Evaluating the Scalability of Various ERP Systems for Manufacturing Growth

Navigator SAP

When a manufacturer first puts in place an ERP for food and beverage operations, the focus usually is on getting the system up and running and other tasks such as overcoming ERP adoption challenges among employees. More forward-looking manufacturers keep an eye to the future at the same time, however, also looking for scalability of an ERP system during selection.

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BMO deepens commitment to equity and environmental sustainability with $1 million investment in Parks California

Bank of the West

BMO has announced a groundbreaking $1 million donation to Parks California, the official non-profit partner to California State Parks. This transformative grant will support the organization’s mission to provide career… Read more The post BMO deepens commitment to equity and environmental sustainability with $1 million investment in Parks California appeared first on About BMO.

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Your Guide to Creating a Travel Policy

Navigating travel expenses can be challenging, but our workbook offers a clear path forward. Learn to craft a travel policy that fits your budget and makes travel management simple. This self-guided workbook offers: Practical advice on choosing airlines, setting booking time frames, and managing travel costs effectively. Insights into selecting the right class of service for each employee, ensuring everyone travels comfortably and within policy.

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GST collections hit all-time high of Rs 2.10 lakh crore in April 2024

CFO News

India's Gross Goods and Services Tax (GST) collections have reached a historic milestone, surpassing the Rs 2 lakh crore mark for the first time since the inception of GST in July 2017.

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Driven Brands CFO resigns after one year on job

CFO Dive

The automotive services company’s shares slumped Thursday after it released earnings and announced its finance chief is leaving the company.

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How Advisors Can Work With Attorneys To Drive Better Estate Planning Outcomes For Clients

Nerd's Eye View

Financial advisors add value for their clients not only by helping them grow their wealth, but also by working with them to create a plan for how to use it. While much of this process may focus on the client's own lifetime planning needs (e.g., helping them develop a retirement income plan), it often also addresses the client's goals for their wealth after their death.

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India could allow a tiny window in the Chinese wall

CFO News

In the wake of border tensions, the Indian government has been looking askance at investments by Chinese companies in India. Press Note 3 norms issued in 2020 stipulated that a company based in a country that shares a land border with India (such as China) can invest only after government clearance.

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Treasury holds I Bond fixed rate at 1.3%; composite rate falls to 4.28%

Tips Watch

EE bond’s fixed rate stays at 2.7%; doubling period holds at 20 years By David Enna, Tipswatch.com After signaling for a few days that it would hold off to May 1 to announce new rates for U.S.

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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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Global cyber talent shortage could hit 85M workers by 2030: report

CFO Dive

Cybersecurity threat actors' innovative methods are driving up demand for professionals with diverse and specialized skill sets, the World Economic Forum said.

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MiB: Joanne Bradford, Domain Money

Barry Ritholtz

She was previously president of Honey, where she orchestrated the company’s sale to PayPal Holdings Inc. for $4 billion. She has been named one of Ad Age’s 100 Most Influential Women in Advertising. She previously held executive leadership positions at Microsoft, Yahoo!, Pinterest, SoFi, Demand Media. BusinessWeek nd the San Francisco Chronicle.

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How To Register And Remain Registered With The SEC As An Internet Investment Adviser

Nerd's Eye View

A little over 20 years ago, when the Internet was still just a few years into gaining widespread use, the SEC understood its potential to transform how financial advisory firms conducted business with the ability to deliver advice digitally, lowering the barriers to serve clients across the country. However, the challenge for firms that wanted to use their websites to advise clients, but didn't otherwise qualify for SEC registration, was that they would ostensibly need to register in all 50 stat

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Sebi to revamp norms to ensure fairness for AMCs

CFO News

The regulator said such FPIs with NRIs and OCIs as clients should be based out of International Financial Services Centres (IFSCs) in India and regulated by the International Financial Services Centres Authority (IFSCA).

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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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Real yields are rising, but haven’t yet hit highs of 2023

Tips Watch

By David Enna, Tipswatch.com I’ve been watching with fascination as market real yields of Treasury Inflation-Protected Securities have been steadily rising in recent weeks.

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Wage gains, inflation undercut Fed forecast for three rate cuts this year

CFO Dive

A report of rising wages prompted traders in interest rate futures to dial down bets on reductions in the Federal Reserve’s main interest rate.

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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: • We might be closer to changing course on climate change than we realized : Greenhouse gas emissions might have already peaked. Now they need to fall — fast. ( Vox ) • Tesla Is Not the Next Ford. It’s the Next Con Ed. Elon Musk’s EV empire is crumbling.

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Weekend Reading For Financial Planners (April 27-28)

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 Department of Labor released the final version of its Retirement Security Rule (a.k.a. the Fiduciary Rule 2.0), which is set to go into effect in September and (if it survives anticipated legal challenges) would represent a significant shift toward greater fiduciary standards in the financial services industry, including by defining as a fiduciary act a one-time recomm

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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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India Inc revenue growth likely moderated in Q4

CFO News

Among the 47 sectors monitored by Crisil, only 12 are expected to have clocked an improvement in revenue growth both sequentially and on-year for the quarter.

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APAC companies to voluntarily comply with EU's sustainability reporting directive

Future CFO

Companies in the Asia Pacific region are looking to partially or fully align their sustainability disclosures with the European Union's Corporate Sustainability Reporting Directive (CSRD), according to an independent study by software-as-a-service company Workiva Inc. The third annual 2024 ESG Practitioner Survey polled more than 2,000 people involved in corporate reporting, including finance and accounting, sustainability, risk, and internal audit professionals across North America, Europe, a

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Internal audit leaders need to hire more tech-savvy accountants: IIA

CFO Dive

Companies hiring for internal audit need to prepare for disruption from new technology such as artificial intelligence and robotic process automation, IIA said.

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71 per cent of aspiring homeowners waiting for rate cuts before home purchase – BMO Survey

Bank of the West

The latest BMO Real Financial Progress Index found current mortgage rates are hindering most prospective homebuyers from purchasing a home, with nearly three fourths (71 percent) waiting on rate cuts… Read more The post 71 per cent of aspiring homeowners waiting for rate cuts before home purchase – BMO Survey appeared first on About BMO.

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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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#FA Success Ep 383: Leveraging YouTube Videos To Organically Grow 9X To $750M In Just 5 Years, With Troy Sharpe

Nerd's Eye View

Welcome everyone! Welcome to the 383rd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Troy Sharpe. Troy is the Founder and CEO of Oak Harvest Financial Group, an RIA based in Houston, Texas, that oversees approximately $750 million in assets under management for about 1,000 client households. What's unique about Troy, though, is how his firm's emphasis on driving organic growth through a multi-pronged marketing strategy, including a radio show, in-person semina

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India's manufacturing sector stays strong despite slight dip in April PMI to 58.8

CFO News

Despite a slight dip in April, India's manufacturing sector, as per HSBC's PMI report, maintains robust growth. Buoyed by sustained demand, manufacturers exhibit resilience amidst escalating costs and optimistic outlook.

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MiB: Ed Yardeni on the Roaring 20s

Barry Ritholtz

This week, we speak with Dr. Ed Yardeni, President of Yardeni Research , a provider of global investment strategies and asset-allocation analyses and recommendations. He previously served as Chief Investment Strategist of Oak Associates, Prudential Equity Group, and Deutsche Bank’s US equities division in New York City. He taught at Columbia University’s Graduate School of Business and was an economist with the Federal Reserve Bank of New York and at the Federal Reserve Board of Governors and t

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Cornell University CFO meets with students, protesters

CFO Dive

As protests swept across U.S. college campuses last week, the Ivy League university's CFO Christopher Cowen stepped into the fray.

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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.