August, 2023

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It’s time for ordinary CFO Barbie

CFO Dive

Even under its cheery pink and blue skies, the “Barbie” movie doesn’t let Mattel’s male-dominated C-suite hide behind the corporate curtain.

CFO 286
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Reframing financial uncertainty with data and AI

Future CFO

Businesses face a tremendous number of uncertainties. And this list is only getting longer daily, with many uncertainties remaining persistent. The pressure is on financial leaders to grasp the ongoing uncertainties and pave the way for their businesses to move forward. It is a tall ask, considering that today’s macroeconomic risks can come from unexpected directions.

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Trending Sources

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How CFOs can digitize finance function

CFO News

Finance as a function needs to ensure that the data is reliable and that the people concerned have confidence in it. If data quality is a challenge, then managing and evaluating business strategy and investments will also be a challenge.

Finance 98
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How do Financial Controllers Add Value?

CFO Selections

Last year had been dubbed The Year of the Controller by financial recruiters because demand for the position dramatically increased amid uncertain economic times and increased accounting needs at many organizations. This year has seen continued interest in the role and there is no indication that the buzz around the Controller role is slowing down, which means that going into 2024 many companies are still inquiring about how a Controller differs from a CFO (Chief Financial Officer) and how a Con

CFO 98
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Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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Unlock the full potential of digital transformation in Finance and Accounting for CFOs

CFO Dive

Ever-evolving technology that can improve efficiencies while reducing risks and optimizing costs should be explored and exploited for their potential benefits to the organization.

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Personal Consumption Expenditures Price Index: +0.2%

Barry Ritholtz

The Fed’s favored inflation report was a 2.1% annualized (3 months through July) and 3.3% year-over-year. Here is BEA: Personal income increased $45.0 billion (0.2 percent at a monthly rate) in July, according to estimates released today by the Bureau of Economic Analysis (table 3 and table 5). Disposable personal income (DPI), personal income less personal current taxes, increased $7.3 billion (less than 0.1 percent) and personal consumption expenditures (PCE) increased $144.6 billio

Economics 105
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Banco Inbursa Agrees To Cetelem México Purchase

Global Finance

Global Finance Magazine - The purchase is in line with Banco Inbursa’s 2015 acquisition of the financial business of Banco Walmart de México.

Finance 98
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At 7.8 per cent, India’s GDP growth in Q1 FY24 accelerates to four-quarter high

CFO News

The Reserve Bank of India (RBI) had predicted a growth rate of 8 per cent for the June quarter. While India’s GDP grew 6.1 per cent in the March quarter of FY23, it had grown at 7.2 per cent in FY23 as a whole.

Banking 111
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TD Ameritrade To Schwab Conversion Tips For Financial Advisors

Nerd's Eye View

The announcement of the merger between Charles Schwab and TD Ameritrade in November 2019 kicked off a marathon of preparation for advisory firms to transition their clients on the TD Ameritrade custodial platform to Schwab. And with the final conversion of clients scheduled to take place over the upcoming Labor Day weekend of 2023, the marathon is approaching its final sprint toward the finish line.

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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Flawed accounting surges 150%: Glass Lewis

CFO Dive

Company reports during the 2023 proxy season reveal that many newer businesses have had to correct financial statements and upgrade internal controls.

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How Organizations Can Best Prepare for an ERP Implementation

Navigator SAP

Enterprise resource planning solutions (ERP) dramatically improve an organization’s operational efficiency, standardization and best practices by serving as the nerve-center for an organization. But rolling out a new ERP can be tricky, because these systems touch all parts of a business and therefore implementation is a complex project.

Planning 243
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10 Thursday AM Reads

Barry Ritholtz

My end of August, morning train WFH reads: • Money Is Pouring Into AI. Skeptics Say It’s a ‘Grift Shift.’ The move from crypto to artificial intelligence has fueled the markets this year, but some are questioning how much of it is real. ( Institutional Investor ) • What to Do With a 45-Story Skyscraper and No Tenants : HSBC’s plan to leave its Canary Wharf tower for a smaller site shows the global challenges ahead in repurposing unwanted office space for a post-pandemic world. ( Citylab ) see al

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BDO USA Adopts Employee Stock Ownership Model

Global Finance

Global Finance Magazine - To attract and retain prospects, accounting firms are trying to entice prospective employees with additional benefits.

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Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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Adani Group rejects OCCRP report, says 'categorically recycled allegations' after Hindeburg

CFO News

While short-seller Hindenburg's report, which also had similar allegations, came just ahead of Adani Enterprises' FPO, the OCCRP report comes ahead of the Supreme Court hearing on the allegations made in the Hindenburg report.

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Beyond Budget Season: Continuous Financial Planning for Success  

Centage

Budget season is one of the most important times for financial teams, as it sets the tone for how well the company will grow. However, teams shouldn’t only focus on business budgeting for a month or a year. They should forecast and plan for them all year long. By adopting continuous financial planning, financial pros can do better at keeping costs in line, managing investments, taking advantage of opportunities, and reducing the risk of threats.

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HP blames ‘external environment’ as revenues shrink

CFO Dive

Cautious enterprise customer spending and delayed purchase decisions contributed to a mixed fiscal third quarter, CFO Marie Myers said.

CFO 278
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Modern ERP Helps Food and Beverage Firms Stay Ahead

Navigator SAP

Not all backend systems are created equal. For food and beverage manufacturers, sustained profitability often comes down to supply chain and operational visibility combined with greater process efficiency. These dynamics are supported or hindered by the enterprise resource planning solution that a food and beverage manufacturer have in place.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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Toys for Billionaires: Sports Franchises as Trophy Assets!

Musings on Markets

I have always loved sports, playing tennis and cricket when I was growing up, before transitioning to fan status, cheering for my favored teams from the sidelines. I also like finance, perhaps not as much as sports, but there are winners and losers in the investment game as well. Thus, it should come as no surprise that when the two connect, as is the case when teams are bought and sold, or players are signed, I am doubly interested.

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Indian Summer: Q&A With CEO And Founding Partner Of Emphasis Ventures Melissa Frakman

Global Finance

Melissa Frakman, CEO and founding partner of Emphasis Ventures, a global early-stage venture capital firm that focuses on India, speaks with Global Finance about digital infrastructure and fintech trends in what some economists believe will soon be the world’s third largest economy.

Finance 98
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Mahindra Logistics appoints Saurabh Taneja as CFO

CFO News

Cfo Movement: Previously, Taneja was managing the role of CFO – Designate with TATA Boeing Aerospace Limited.

CFO 105
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Forget the iPhone: BlackBerry is still the one to beat

Barry Ritholtz

How little do we know about the future? A great way to figure that out is to look to our past, to see what we previously thought about what the future will hold. To wit: 26 years ago, the image above came from the cover story of Fortune magazine: “There’s a lot of buzz in the smartphone business lately, with Apple’s (AAPL) iPhone turning the mobile world upside down and Nokia’s (NOK) upcoming phone announcement providing a new challenge.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

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Inflation edges up as consumers boost spending

CFO Dive

Consumers in July increased spending on a broad range of goods and services as the highest federal funds rate in 22 years showed few signs of slowing economic growth.

Economics 277
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Benefits of ERP in Manufacturing: Unlocking Hidden Potential Where You Least Expect It

Navigator SAP

As a manufacturer, it’s important that you continuously discover new and more effective ways of running your business so that you can remain competitive. For instance, implementing an enterprise resource planning (ERP) system is one of the best ways to become more efficient.

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Crafting More Equitable Advisor Non-Solicit Agreements With The ACRES Agreement

Nerd's Eye View

Non-compete agreements (where a company prohibits an employee from working for competitors, at least for a certain period of time) are often used to help companies protect their investment in the employee (e.g., the time and money spent training the employee) as well as preventing the employee from taking the company's best practices to a new job at a competitor.

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Paypal Mints Stablecoin

Global Finance

Unlike are forms of cryptocurrency, stablecoins are typically backed by an asset or a basket of assets like gold or a traditional fiat currencies like the U.S. dollar or Euro.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?