Sat.May 06, 2023 - Fri.May 12, 2023

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Burying bad 8-K news raises red flags

CFO Dive

Researchers assert some companies “strategically” divert investor attention from negative SEC filings by issuing concurrent press releases on unrelated matters.

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Why more Indian startups are hiring CFOs? Razorpay, Xpressbeez and Shiprocket CFOs weigh in

CFO News

Startups are hiring CFOs for financial prudence, compliance and cost optimisation as they face a funding drought and investor demands.

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Trending Sources

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Good (Bad) Banks and Good (Bad) Investments: At the right price.

Musings on Markets

In my last post, I looked at banking as a business, and used a simple banking framework to advance the notion that the key ingredient tying together the banks that have failed so far in 2023 is an absence of stickiness in deposits , created partially by depositor and deposit characteristics (older are stickier than younger) and partly by growth in deposits (high growth increases stickiness).

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Entrepreneurial mindset drives growth: ex-Poshmark CFO

CFO Dive

When it comes to growing a business of any kind, thinking like a founder is key, regardless if you are one or not, former Poshmark CFO Kapil Agrawal said.

CFO 273
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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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Inflation eases yet persists at more than twice Fed target

CFO Dive

Core inflation, which excludes food and energy prices, remains high despite 10 consecutive increases in the federal funds rate since March 2022.

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More Trending

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Banks expect to tighten credit throughout 2023: Fed

CFO Dive

A pullback in bank credit that began in 2022 has accelerated since a flare-up in financial sector instability started in March.

Banking 260
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Why Operational Visibility Should Be a Priority for CPG in 2023

Navigator SAP

Influencers, online comparison shopping, and Amazon have dramatically altered the landscape for consumer packaged goods businesses in recent years. Then the pandemic came along, which further messed with business models, supply chains, and revenue projections for CPG firms. Expectations for growth within the industry are strong, with 86% of CPG firms predicting a 2% or greater growth rate in the next 12 months, according to a recent industry survey conducted by Canam Research and sponsored by Na

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“Glass Half-Empty” Investors

Barry Ritholtz

There’s an old joke about a hypochondriac who is constantly complaining to his doctor about his many numerous, mysterious ailments. The Doc runs a full battery of tests, and delivers the bad news to the patient: “ Unfortunately, everything is okay… ” And that seems to be the same way many of today’s glass half-empty investors are digesting information about the markets.

Marketing 128
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Make a value case for ESG, rather than business ones, say CFOs

CFO News

Financial leaders need to focus on long-term sustainability and incorporate environmental, social and governance factors into their businesses, senior finance executives said at an ETCFO panel discussion.

Finance 119
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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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Ransomware claims jump back up

CFO Dive

Ransomware claims filed by U.S. clients of insurance broker Marsh spiked 77% in the first quarter, following a downward trend in 2022.

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Why Do Companies Use Automation? Exploring the Benefits

Navigator SAP

The latest surveys involving global businesses in various sectors reveal a steady growth in business automation using enterprise resource planning (ERP) systems. In 2020, a study featuring business leaders from different parts of the world showed that 66% of global businesses piloted various automation solutions, while 31% of global businesses have fully automated at least one of their business processes.

Planning 130
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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: • How a Dishwasher Engineer Challenged Elon Musk’s Grip on Commercial Space : A Kiwi named Peter Beck built Rocket Lab into the second coming of SpaceX. An exclusive excerpt from When the Heavens Went on Sale, by the bestselling author of Elon Musk. ( Businessweek ) • The Secrets of Reedy Creek : Disney and Florida Gov.

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J&K Bank auditors raise red flags in FY23 accounts over employee stock transaction

CFO News

The J&K Bank’s auditors said its employees availed loans from the bank to purchase the shares, but that was in violation of the Reserve Bank of India’s directions.

Banking 111
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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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PwC, KPMG China audits are flawed: PCAOB

CFO Dive

The PCAOB findings follow U.S. success in overcoming opposition from Beijing to the inspection of audits of China-based companies listed on U.S. stock exchanges.

Auditing 301
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Barcode Scanners Improve your Warehouse - Top 5

Navigator SAP

A barcode scanner is a device that reads barcodes and converts them into digital data. When integrated with an enterprise resource planning (ERP) system, a barcode scanner can significantly improve inventory accuracy. An ERP system is a software solution that integrates all the different departments of a company into one central system to manage their operations more effectively.

Planning 130
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3% or Bust

Barry Ritholtz

The good news: Consumer Price Index (CPI) came in modest at 0.4%, with a year-over-year 4 handle at 4.9%. I expect this will continue to fall over the next few months and is likely to have a 3 handle before Christmas, maybe even Halloween. The inflation that appeared so pernicious in 2021 and into 2022 was driven by the combination of 3 things: – Unique pandemic factors – Massive monetary stimulus (CARES ACT I, II & III) – Structural (long-term) shortages in labor and singl

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India's retail inflation eases at 18-month low to 4.7% in April

CFO News

The number has remained below the Reserve Bank of India’s (RBI) upper band target of 6% for the second consecutive month.

Retail 105
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Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.

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FASB’s tax proposal will ‘change the game’

CFO Dive

Previous FASB calls for greater income tax transparency have drawn pushback from businesses. This time the initiative appears to be gaining steam.

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Join Navigator at the 2023 Bio International Convention in Boston

Navigator SAP

The BIO International Convention attracts 14,000+ biotechnology and pharma leaders for one week of intensive networking to discover new opportunities and promising partnerships. Navigator Business Solutions will be attending the 2023 Bio International Convention in Boston, MA June 5th - 8th.

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MiB: Julian Salisbury, CIO, Goldman Sachs

Barry Ritholtz

This week, we speak with Julian C. Salisbury , chief investment officer of asset and wealth management at Goldman Sachs. He is also a member of the management committee, and Co-Chairs the Asset Management Investment Committees, which includes private equity, infrastructure, growth equity, credit, and real estate. Previously, he was head of the European Special Situations Group from 2008-13, and head of the Global Special Situations Group: 2013-19.

Leverage 120
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Grant Thornton sees its CFO advisory business growing by 45% in FY24

CFO News

Grant Thornton Bharat may hire 400-500 people under its CFO advisory practice during FY24 to add to its existing size of 650 plus dedicated workforce in that domain.

CFO 105
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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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GlobalFoundries taps former Amazon exec for CFO seat

CFO Dive

The new finance chief of chipmaker GlobalFoundries previously served as CFO of Amazon’s cloud computing business.

CFO 274
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Collaboration & ERP Allows Organizations to Streamline Work - Forbes Article

Navigator SAP

Ralph Hess, EVP of Sales and Marketing at Navigator Business Solutions was recently quoted in a Forbes.com article.

Sales 130
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Transcript: Julian Salisbury, GS

Barry Ritholtz

 The transcript from this week’s, MiB: Julian Salisbury, CIO, Goldman Sachs , is below. You can stream and download our full conversation, including any podcast extras, on iTunes , Spotify , Stitcher , Google , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ ANNOUNCER: This is Masters in Business with Barry Ritholtz on Bloomberg Radio.

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J&K Bank’s FY23 results: Auditors raised flags and now regulators should act, says Amarjit Chopra

CFO News

A high level of compliance with various rules and regulations and sound governance practices are expected in state-run banks, particularly in view of huge public interest and appointment of directors by the government on their Boards, says the former ICAI President.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.