November, 2023

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Time for “Finance” has arrived

CFO News

In this insightful opinion piece, Robin Banerjee emphasizes the growing demand for finance professionals in India amid a booming economy. With the country poised for significant financial growth, Banerjee highlights the crucial role CFOs and finance teams play in orchestrating success in various sectors.

Finance 126
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Next-gen CFOs: Forging a new path

CFO Dive

The finance chief has long been more than a routine number-cruncher. For Gen Z, the route to the CFO chair will likely better reflect the role’s complexity.

CFO 321
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Trending Sources

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Strategic Finance Focus at Year-End

VCFO

As Year-End Approaches, Finish Strong and Focus Forward As another year ends, most CEOs and business leaders are preparing to take stock of what needs to be done to strengthen their business and advance their business goals in the coming year. While “taking stock” can take many forms, the overriding premise is to look deeply and strategically at the results of operations, as well as opportunities they might execute on.

Finance 88
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Tesla in November 2023 : Story twists and turns, with value consequences!

Musings on Markets

I was planning to start this post by telling you that Tesla was back in the news, but that would be misleading, since Tesla never leaves the news. Some of that attention comes from the company's products and innovations, but much of it comes from having Elon Musk as a CEO, a man who makes himself the center of every news cycle. That attention has worked in the company's favor over much of its lifetime, as it has gone from a start-up to one of the largest market cap companies in the world, disrup

Valuation 116
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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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The Fed is Finished*

Barry Ritholtz

Everybody is waiting with baited breath for today’s 2:30 announcement about the rates, but let me spare you the suspense: They are done with rate hikes this cycle. The next change in rates is more likely to be down than up. At least, if Powell & Company truly had a handle on what has been driving inflation for the past few years, that would be their position.

Sales 125

More Trending

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Leveraging AI to step up your CFO game in 2024

CFO Dive

While the world is dreaming of big problems AI might solve, business leaders should look to use the technology to address specific company pain points, writes Vic.ai’s Anand Desai.

Leverage 267
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CFO shortage looms as demand soars amid IPO revival

CFO News

CFO Jobs: The shortage of CFO talent comes in the wake of a dearth of accountants across the globe including the Indian economy.

CFO 122
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The Strength of the Clean Core: Why It Matters for Your Business

Navigator SAP

Businesses need a centralized backend system for efficiently conducting operations, which is why enterprise resource planning solutions (ERP) have become the standard kit for all but the smallest firms.

Planning 247
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Medicare costs for 2024 are rising faster than U.S. inflation

Tips Watch

Part B costs, deductibles and IRMAA surcharges will increase about 6% next year. By David Enna, Tipswatch.com Less than a month ago, U.S. retirees collecting Social Security learned their benefits will be increasing 3.2% beginning in January.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Revisiting Greedflation

Barry Ritholtz

Over at Alphaville , Robin Wigglesworth looks at whether ‘Greedflation’ (aka price-gouging) meaningfully contributed to Eurozone inflation. Specifically, Bank of England research suggests that while they “find no evidence of a rise in overall profits in the UK” they did notice that “companies in the oil, gas and mining sectors have bucked the trend” with “some companies… much more profitable than others.”1 I was pretty skeptical about Greedflation initia

Economics 143
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Rising above today’s financial transformation

Future CFO

When we talk about progress and innovation, it is a given that in one way or another, we’ll have to face changes. Improvement is indeed almost always synonymous with transformation. But of course, change is never that simple—as a lot of factors and variables are to be considered regardless of the industry we’re in. Financial leaders nowadays are faced with the undeniable reality that many areas under their watch have to transform especially following the whole COVID-19 situation, albeit change i

Finance 98
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For GenAI-backed accounting, CFOs can’t ‘learn as you go’

CFO Dive

CFOs need to develop a business-wide plan for GenAI’s use, create clear data practices and ensure accountability to incorporate the technology into accounting effectively.

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94 Percent of Indian CFOs bullish on nation's economic future, reveals Deloitte Survey

CFO News

Indian CFOs exhibit unparalleled confidence in their nation's economic future, with 94 percent expressing optimism, in stark contrast to the 30 percent among their Asian counterparts. Deloitte's APAC CFO Survey 2023 sheds light on this disparity, emphasizing India's financial leadership and the evolving role of CFOs in the region.

Economics 145
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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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ERP Software for the Manufacturing Industry

Navigator SAP

Manufacturers face the pressure of improving operational efficiency, reducing operation and maintenance costs, and increasing business profitability, as with all businesses. But technological shifts and increasingly complex supply chain considerations put further pressure on manufacturing companies.

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Effective Implementation Of A Backdoor Roth Strategy: Detailed Nuances, IRS Form 8606 (And When It’s Even Worth Doing)

Nerd's Eye View

There are many tax planning strategies that allow financial advisors to demonstrate the ongoing value they provide to clients in exchange for the fees they charge. Part of this value is understanding the detailed nuances that make a strategy effective and implementing it correctly, avoiding issues with the IRS down the line. For instance, while backdoor Roth conversions are a well-known strategy, many individuals have either missed the opportunity to use it and/or implemented it incorrectly R

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Slowing U.S. Economy, State by State

Barry Ritholtz

We spend way too much time trying to predict the future (especially this time of year). Rather than engage in futility, let’s look at the coincident indexes in all 50 states over the past 3 months, via the Federal Reserve Bank of Philadelphia (October 2023). Note: I have been occasionally eyeballing this map since 2008 , and it does a good job of showing the overall trend of the economy (on an obvious lag).

Banking 141
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Random thoughts on I Bonds in 2023, 2024

Tips Watch

I Bonds remain attractive, but when and why? By David Enna, Tipswatch.com The I Bond’s new fixed rate of 1.3% — the highest in 16+ years — and the resulting composite rate of 5.

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Accounting events for Q4 and 2024

CFO Dive

It’s time to consider registering for a range of upcoming accounting conferences — both in person and online. CFO Dive’s got a list to help sort through them.

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Auditors questioning companies is a good sign: NFRA Chief

CFO News

Ajay Bhushan Pandey hopes auditors speaking up will eventually over a period of time result in an overall improvement in audit quality and more trust in financial reports of the public interest entities.

Auditing 116
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How ERP Can Help Cell and Gene Therapy Companies Manage Clinical Trials

Navigator SAP

Public safety is critically important when it comes to cell or gene therapy solutions. That’s why the FDA mandates clinical trials for all cell and gene therapy innovations before they can go to market. For life sciences businesses focused on cell or gene therapy, these clinical trials are business-defining. They also can be complex to manage properly.

Leverage 203
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Employee Retention Credit: Helping Clients By Assessing Rules And Eligibility In 4 Phases

Nerd's Eye View

In the depths of the COVID-19 pandemic, many small businesses such as restaurants, entertainment venues, and retail stores experienced cratering revenues, either due to government lockdown orders that forced many non-essential businesses to temporarily shut their doors, or simply due to lack of demand since many of their customers decided to stay at home out of an abundance of caution.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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Investing Behavioral Hacks

Barry Ritholtz

Markets screamed higher yesterday after a benign CPI report showed a 0.0% monthly price increase and inflation falling to 3.2% year over year. After a big gap opening, latecomers piled in; many had been sitting on the sidelines following a challenging 2022, while others got panicked out during the 10% October drawdown. It was a classic fear-driven error, a combination of bad market timing and poor impulse control.

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October inflation brings positive news: Flat for the month, sliding lower for the year

Tips Watch

By David Enna, Tipswatch.com Here we go: A good news inflation report as we head toward a new year. The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in October on a seasonally adjusted basis, the U.S.

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4 CFO tips for spurring growth through innovation: McKinsey

CFO Dive

More than eight out of 10 CEOs believe innovation is key to outperformance, but only 6% are satisfied with their companies’ track record in creativity, McKinsey said.

CFO 308
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Global slowdown could impact demand in India, says Assocham Secretary General

CFO News

ASSOCHAM's Deepak Sood flags the risks of global economic slowdown impacting India's demand and exports. He also notes domestic challenges like uneven monsoons and rising interest rates. Despite concerns, Sood projects India's growth at over 6.5 epr cent, emphasizing resilience.

Economics 116
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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.