November, 2022

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Five new rules for CFO success

CFO Dive

“Growth” means different things to different CFOs and different companies, but the one constant is about finding a way to not only protect the business and protect the finances but to also figure out what it looks like to help the business expand.

CFO 284
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Supply Chain Is 40% of Inflation

Barry Ritholtz

. There is a new 60/40 in town, and it is the contribution to inflation from consumer demand for goods and the pandemic-broken supply chain. That is according to a study by Julian di Giovanni, who publishes at the NY Fed’s blog Liberty Street Economics. Over the summer, he posed a fascinating question: How Much Did Supply Constraints Boost U.S. Inflation?

Economics 145
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Trending Sources

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Recession Playbook

The Reformed Broker

Let’s assume we’re going to have a recession in 2023. I don’t know if we will, but everyone seems to think so, so let’s just say. So what. What can you do to stop it? Not much. Can you change your own spending and psych yourself up to survive it? Absolutely. Are there changes you could make to a portfolio in order to gird yourself for a worsening economy?

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3 female CFOs tackle courage, soft voices and unchecked boxes

CFO Dive

While their numbers are rising, female CFOs are still relatively rare. Women hold only about 16% of the top finance seats at Fortune 500 and S&P 500 companies.

Finance 293
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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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Which is Worse: Inflation or Unemployment?

Barry Ritholtz

You may have missed this wonderful Josh Zumbrun column in the Wall Street Journal last week: “ Inflation and Unemployment Both Make You Miserable, but Maybe Not Equally.”. It’s one of those things that are so obvious no one ever stops to think about it – and so we have overlooked this for decades. 1. Stop for a moment and consider the original Misery Index formula as invented by the economist Arthur Okun : add the 3.7% unemployment rate ( BLS NFP ) to the 7.7% inflation rate as measured by the c

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How Advisors Can Offer Tax Planning And Stay In Compliance

CFO News Room

Executive Summary. Taxes are a central component of financial planning. Almost every financial planning issue – whether it is retirement, investments, cash flow, insurance, or estate planning – has tax considerations, and advisors provide a great deal of value in helping clients minimize their overall tax burden. And yet, despite the prominent role of taxes in financial planning, advisors are often prohibited by their compliance departments from making recommendations for a specific course of ac

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Accelerate Your SaaS Company’s Growth with Sage Intacct

https://trustedcfosolutions.com/feed/

When launching your SaaS company , you’re focused on increasing revenue, landing new logo’s, and adding users to support the business in its early days. Now that you’ve found market fit you’re entering the growth stage. Your investors want to see efficiencies & a set of monthly metrics that confirm the business is trending in the right direction. .

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Twitter is cigarettes

The Reformed Broker

A lot of reporters and public intellectuals were writing their obituaries for Twitter this weekend. First, we saw the revolt of the Blue Checkmarks. Then, the first inklings of an advertiser exodus. The timing of all this – on the eve of a midterm election that will determine whether or not Americans actually care about democracy – could not have been more ominous.

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ESG materiality ranges beyond ‘bottom line’: SEC official

CFO Dive

The SEC will not limit scrutiny to a company’s income statement when verifying compliance with a proposed rule requiring climate risk disclosure, an agency official said.

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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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The Many Ways the FOMC Can Be Wrong…

Barry Ritholtz

Since it is late on a Friday, I thought I might share some quick thoughts about the week. I have been wondering, more than usual, about the disconnect between what we see in falling prices and the Federal Reserve’s anti-inflation actions. It is difficult to reconcile Fed rhetoric with the actual price of Goods. One can reach only so many conclusions: Perhaps the Fed is right and everybody else is wrong.

Economics 141
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Top 5 Questions You Should Be Asking About ERP

Navigator SAP

All large businesses use enterprise resource planning software (ERP), as do many smaller ones. But unlike basic small business software, ERP is complex and often confusing for businesses that are approaching it for the first time. With that in mind, here are the basics of ERP answered in five questions. 1. What is ERP? ERP helps manage, integrate, and organize all data and business processes, from ordering, production, finance, procurement, human resources, and distribution to the supply chain,

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Private-Sector Job Openings Remain High Despite Falling in October

CFO News Room

The latest Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics shows the total number of job openings in the economy decreased to 10.334 million in October, down from 10.687 million in September. The number of open positions in the private sector decreased to 9.412 million in October, down from 9.627 million in September. October was the fifth decline in the last seven months since hitting a record high in March (see first chart).

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India's manufacturing sector continues to gain momentum in November, cost inflation softened considerably

CFO News

According to the S&P Global's survey report, Companies had the fastest increase in new orders and production in three months and business optimism was highest in almost eight years.

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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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Glamour

The Reformed Broker

Glamour is a supernatural form of mental compulsion or influence that is specific to vampires. Glamouring is similar to hypnosis, and while all vampires have this power, it needs to be taught as it does not appear to come naturally… The process of glamouring begins with eye contact between a vampire and a respondent. Once eye contact is made, the respondent is held in a trance, making them susceptible to the pow.

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CFO FP&A Close-up: modern planning and analysis

CFO Dive

In today’s uncertain economy, strategic planning and analysis is more important — and difficult — than ever. CFOs need to set priorities to get the most out of their FP&A teams.

Planning 301
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Labor or Capital Driven Inflation?

Barry Ritholtz

My views on inflation continue to evolve: I was correct in identifying inflation during the mid-2000s; during the post-crash 2010s I remained appropriately skeptical about rising prices. The price dynamic during and after the pandemic appeared to be troublesome but my expectations were that inflation would be resolved relatively quickly as supply chains reopened and life returned to normal. “ Transitory ” turned out to be too optimistic, and I was wrong in my expectations for a faster decline in

Economics 134
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Exploring SAP Business One and SAP Business ByDesign ERP Products

Navigator SAP

Russell DeLapp, Executive Vice President of Services & Support at Navigator Business Solutions, was featured on Nestell & Associates , The ERP Organization Change Journal Podcast by Dr. Jack G. Nestell.

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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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CrowdStrike, Horizon Therapeutics, Petco and more

CFO News Room

A customer carries a dog near a Petco Animal Supplies shopping bag outside a store in New York. Angus Mordant | Bloomberg | Getty Images. Check out the companies making headlines in midday trading. CrowdStrike — Shares dropped 19% after the cybersecurity provider said new revenue growth is weaker than expected. Otherwise, CrowdStrike beat estimates on the top and bottom lines in its most recent quarterly results.

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Joint audit may not improve quality: Global accounting body ACCA chief

CFO News

Mandatory auditor rotation and a cooling-off period between when the auditor is engaged with a large business and before it takes a significant piece of work again from the same client are among better measures, says Helen Brand.

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This Week On TRB

The Reformed Broker

Just wanted to start by saying thanks to everyone who made a donation to our Long Island Cares food drive for Thanksgiving. The money really goes a long way, we’re going to be making a big difference in the lives of people who need help this holiday season. We shattered the goal dollar-wise and I’m hoping to see a few hundred donated meals this weekend at our drop.

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CFOs must sharpen storytelling skills for boards

CFO Dive

CFOs must take on the role of storyteller when communicating with their boards as their focus shifts from growth and towards long-term sustainability in a pre-recession environment.

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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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Six Degrees of Separation

Barry Ritholtz

I wonder how far my view of the universe is from (objective) reality. My pal Dave Nadig suggests that we are all much further away from any sort of recognition of the true universe than we suspect. We chatted about this last week, and the more I thought about it, the further away from reality it turns out that we actually are. Best I can figure, we may all be at least six degrees 1 away from truly comprehending, well, anything: 1.

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Treasury sets I Bond’s new fixed rate at 0.4%; composite rate is now 6.89%

Tips Watch

Fixed rate for Series EE Savings Bonds soars from 0.1% to 2.1%; doubling period remains at 20 years. By David Enna, Tipswatch.com The U.S. Treasury announced this morning it is raising the fixed rate of the U.

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Employee Retention Credit – Do You Qualify?

https://trustedcfosolutions.com/feed/

The Employee Retention Credit (ERC) is a stimulus government aid program established by the CARES Act. It is a refundable tax credit – a grant, not a loan – that businesses can claim, and can recoup up to $26,000 per employee. Who is the ERC Program For? This program was created for companies that showed a decline in revenue, changes or adjustments in standard business operations, or partial/full business suspension during the Covid-19 pandemic and paid employees on W2 payroll during the years 2

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How Do Cryptocurrencies Correlate with Traditional Asset Classes?

CFA Institute

The crypto market’s recent gyrations necessitate a fresh look at the evolving relationships between crypto and traditional asset classes.

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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.