Sat.Dec 02, 2023 - Fri.Dec 08, 2023

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Mapping CFOs road to success

Future CFO

Being a chief financial officer (CFO) pertains not just to a career progression but the initiation of a whole new game, demanding a unique set of mindsets and practices to ensure not just immediate success but sustained value creation. It is imperative that finance leaders must understand their way towards success, not only for their role, but for the organisation as a whole.

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3 ways AI is reinventing scenario planning

CFO Dive

Manual scenario planning can no longer keep pace. Use AI for faster, driver-based modeling.

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Top 10 CFO Priorities for 2024

The Finance Weekly

As 2024 approaches, CFOs need to assess their 2023 achievements and plan for the coming year. Despite the persistent list of priorities, it changes over time. Starting with an external perspective is crucial. Analyze the current economic situation, considering challenges such as inflation and rising interest rates. The waning wave prompts speculation about a potential recession or a return to normal growth levels.

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When Does A Financial Coach Need To Register As An Investment Adviser? The “ABCS” Test To Determine Status

Nerd's Eye View

Over the past several years, the financial services industry has undergone a tremendous evolution in how financial advisers deliver and charge for their services. While commission-based models remain in use, fee-for-service models (including AUM, hourly, retainer, and subscription) have become increasingly popular. And because many service offerings have traditionally focused on areas like investments and securities recommendations, there has been little debate about the need to register as an a

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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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Exploring FP&A solutions: a comparative guide to Jedox alternatives

Cube Software

Understanding Jedox: pros and cons Jedox is tailored for enhancing planning, analysis, reporting, and value-creation activities across an organization. It acts as a central data source for finance, purchasing, HR, marketing, and sales, allowing organizations to aggregate interdepartmental data sources to create more accurate budgets, planning, and insights.

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Most economists put odds of recession at 50% or less: NABE

CFO Dive

A report Tuesday of declining job vacancies bolstered optimism that the labor market will cool without pushing up unemployment much beyond the 3.9% level in October.

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Let’s look at the new iBonds Defined-Maturity TIPS ETFs

Tips Watch

These new funds offer simplicity, but with some drawbacks. By David Enna, Tipswatch.com Back in late September, financial adviser/author Allan Roth sent me an email pointing out BlackRock’s new offering of 10 defined-maturity TIPS ETFs.

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The CFO's role in enhancing investor relations

Future CFO

An organisation's chief financial officer undoubtedly plays a vital role in enhancing investor relations and leading fundraising efforts, especially in the growth phase of a business. Financial leaders are often the primary contact for investors and financial institutions, responsible for communicating the company’s financial health and future prospects.

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5 focal points for future-ready CFOs

CFO Dive

Step into the future with CFOs as they navigate a rapidly transforming financial landscape, where ESG metrics take center stage, GenAI shapes business planning and CFOs grapple with intensified priorities in data security, inflation and talent management.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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The Charlie Munger Manifesto (via Vishal)

Barry Ritholtz

The Charlie Munger Manifesto / PDF The post The Charlie Munger Manifesto (via Vishal) appeared first on The Big Picture.

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RBI keeps repo rate unchanged at 6.5%; maintains status quo

CFO News

The RBI maintains another pause and keeps the rates unchanged at 6.

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We believe being named a Leader means standing for innovation and customer value delivered.

Jedox Finance

I am beyond thrilled to share some exciting news. Jedox was recognized as a Leader in the Gartner® Magic Quadrant™ for Financial Planning Software. A Gartner Magic Quadrant is a culmination of research in a specific market, giving the reader of the research wide-angle view of the relative positions of the market’s competitors.

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Tesla CFO sells shares as Musk draws new scrutiny

CFO Dive

A spotlight is on the EV maker as investors weigh recent controversial comments from CEO Elon Musk and a lukewarm launch of its Cybertruck product.

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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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ATM: Investing Skill vs. Luck 

Barry Ritholtz

 Investing Skill vs. Luck with Michael J. Mauboussin, Counterpoint Global (Dec 6, 2023) Is it better to be lucky or good? How much of a role does luck pay in investing? And how can you tell the difference between chance and skill? In this episode of At the Money, I speak with Michael Mauboussin. ~~~ About Michael J. Mauboussin: Michael Mauboussin is head of Consilient Research at Counterpoint Global, Morgan Stanley Investment Management.

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Uniqus buys Goodera's global ESG biz, aims $20 mn revenue from acquisition by FY28

CFO News

Uniqus Consultech, a recent entrant in accounting and ESG consulting, has acquired Goodera's global ESG business, unveiling the rebranded ESG UniVerse. The strategic move aims for global ESG market leadership and a $20 million product within 5 years.

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Orchestrating cohesion amid a multifaceted focus

Future CFO

“The role of the CFO has become one of the most complex and demanding in the C-suite. From financial expertise to strategic decision-making to risk and stakeholder management, successful CFOs should possess a diverse skill set to help guide companies through ever more complex business landscapes and financial and regulatory environments.” PwC With technology powering much of business innovation and transformation, PwC expects CFOs will be expected to bring together equal parts business, strategi

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Talent tops 2024 CFO risks: Protiviti

CFO Dive

Risks relating to talent shortages, inflation and generative AI remain top of mind for finance chiefs as they look forward to 2024, Protiviti’s survey found.

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

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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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Monthly NFPs Are Rounding Errors

Barry Ritholtz

You may have missed the most important data point in today’s Employment report. It wasn’t that Nonfarm payrolls increased by 199,000 in November, somewhat higher than expected; nor was it the unemployment rate, which fell to 3.7% in November, from 3.9% in October; nor was it that Wages continued to rise at a modest pace, with average hourly earnings up 0.6%.

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At 56.9, India’s services sector growth drops to one-year low in November

CFO News

Despite a slowdown to a one-year low in the S&P Global India Services Purchasing Managers' Index at 56.9, the sector remains resilient, showcasing a notable surge in output and maintaining optimism for the future.

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Weekend Reading For Financial Planners (December 9-10)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a new study from research firm Cerulli has found that investors' willingness to pay for financial advice has risen over the last 15 years, with more investors reporting using a financial advisor (and a decreasing share considering themselves "self-directed"), in spite of the proliferation of DIY investing options in the internet era – which highlights the value that

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Microsoft: AI tools for CFOs set to go live on Dec. 31

CFO Dive

The announcement marks the latest effort by Microsoft to stake out a dominant position in the rapidly evolving AI-enabled business applications market.

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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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MiB: Michael Fisch, American Securities

Barry Ritholtz

This week, we speak with Michael Fisch , CEO and co-founder of American Securities , a $27-billion dollar private equity firm. He is a managing member of the general partners of the American Securities Partners’ series of private equity funds and a member of the investment committee of AS Birch Grove. He was previously a partner in two private equity funds, a consultant in the Paris office of Bain & Co., and worked in the mergers and acquisitions department of Goldman Sachs.

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SEBI's decision to lower ZCZP bond investment opens funding doors for NPOs: Rohit Nayyar

CFO News

Rohit Nayyar, CFO of Wadhwani Foundation, applauds SEBI's transformative measures, including reducing the minimum application size for ZCZP bonds. His insights shed light on the positive impact for NPOs in fundraising and navigating evolving regulatory landscapes.

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The Latest In Financial #AdvisorTech (December 2023)

Nerd's Eye View

Welcome to the December 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news that Black Diamond has announced the launch of its own CRM system, targeting advisors at mid-size firms who have data complexity and workflow needs greater than what more basic CRM options can accommodat

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Auditors say accountant shortage ramps up work pressure: CAQ

CFO Dive

A decline in the pool for accounting talent has prompted many U.S. companies to raise pay and provide greater workplace flexibility.

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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.