Sat.Sep 23, 2023 - Fri.Sep 29, 2023

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Evolution in the CFO Role: The Three Rs in Financial Management

Future CFO

The chief financial officer role in organisations has been evolving, with mid-size and small firms , including start-ups, now embracing the position as opposed to the traditional large and well-established companies. Manish Modani , CFO at RDC Concrete (India) , discusses what fuels the newfound appreciation for financial expertise hence the observed evolution to the CFO role.

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6 biggest headaches for FP&A teams (and how to fix them)

Cube Software

Time-consuming, manual tasks can significantly slow down FP&A teams. These tasks (e.g., data entry, compiling and consolidating reports, and manual reconciliation) eat into valuable time that could be better spent on strategic thinking and more complex problem-solving.

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Trending Sources

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Lessons on the importance of process from athletes

CFO Dive

Every process transformation is different, the diligence and dedication will have to be repeated meticulously.

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Email: An Essential Business Tool, and a Direct Conduit for Thieves

CFO Selections

We’ve all heard about “phishing” – malicious emails. As Microsoft notes below, they’re hugely popular among cyber thieves. They also happen to be hugely lucrative (which is why they’re so popular!).

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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

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Turnaround in sight at private banks, now is the time to bet

CFO News

Analysts said due to strong management and aggressive strategies, private sector banks will continue to take market share from their public sector counterparts. They also believe private banks have strong subsidiaries in high-growth businesses like asset management, wealth management, and life and health insurance, where value will be unlocked in the coming years.

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Learn to talk tech, Heller Search CEO advises CFOs

CFO Dive

For finance and technology executives to create an effective digital transformation strategy, it’s important to speak the other’s language.

Finance 293
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Treasury professionals: The hardest-to-manage risks

Future CFO

Treasury professionals see macroeconomic risk as one of the hardest to manage. According to Association For Financial Professionals’ 2023 AFP Risk Survey, 43% of treasury professionals consider macroeconomic risk —the pace of GDP growth, inflation and interest rates —to be one of the most challenging risks to manage. This figure is up 24 percentage points from 2021 when only 19% cited macroeconomic risk, as the most challenging risk to manage, AFP pointed out.

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Fractional CFOs for Startup Companies

Beacon CFO Plus

Providing Critical Financial Strategy, Cost Optimization, and More Hiring a fractional CFO for your startup is a strategic move that brings expert financial guidance without the full-time commitment. These are just a few reasons to consider working with a seasoned part-time CFO as you launch your business: Financial Strategy and Planning: Startups often lack the financial expertise needed to develop sound strategies and plans for sustainable growth.

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Maintain Food Safety Standards with the Help of ERP

Navigator SAP

When a manufactured food is purchased by a consumer, there is the expectation that the food product is safe and consistent. This safety and consistency is important for the reputation of the food brand in general, but it also is required for public safety reasons.

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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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CFOs worry most about rate hikes: Fed survey

CFO Dive

While vexed by high borrowing costs, top financial executives see revenues rising next year and the economic landscape brightening.

Economics 301
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The Least Bad Choice

Barry Ritholtz

I have been watching various sentiment polls and Right/Wrong Track questionnaires with detached bemusement. Bemused because they are so silly, and detached because I know I can’t change human nature. What I can do is share a few modest insights; hopefully, these will allow you to gain a fresh perspective you might not have otherwise considered or perhaps even garner a better understanding of what is happening right here and now.

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NFRA has powers to check past audits: Ex-chief Rangachari Sridharan

CFO News

There is no option available to an alleged violator to choose a forum other than the one notified under the law as possessing the jurisdiction, he tells ETCFO.

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Weekend Reading For Financial Planners (September 30-October 1)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that RIA custodial platform Altruist announced that it is offering its portfolio accounting software for free to advisors who custody with the firm, offering the opportunity to advisory firms to reduce the costs of their tech stacks and perhaps presaging competition among custodians to offer more software capabilities for their advisory firm clients!

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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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Runaway cloud spending frustrates finance execs: Vertice

CFO Dive

Finance leaders are almost three times as likely to be concerned about cloud costs than their tech peers, and more than twice as likely to be worried about cloud visibility, a Vertice study found.

Finance 301
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Can Economists Predict Recessions?

Barry Ritholtz

Before your week ends and you head out for door, I had to share a new paper from St. Louis Fed. The title: Can Economists Predict Recessions? Short answer: Maybe a quarter ahead (but not always). Beyond that short time frame, it’s simply too variable: “These questions have taken on particular importance recently. In the past four quarters, economic forecasters have, on average, predicted a 42% probability of a contraction in the U.S. economy in the next quarter, according to the Survey of

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Dhanlaxmi’s ID resignation warrants RBI, SEBI attention: Amarjit Chopra

CFO News

Some allegations especially relating to the Conduct of Board and committee meetings as well as the Rights Issue need to be looked into, says the former independent director on bank boards and Past President at ICAI.

Banking 111
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Cyberattacks against SMBs sees threefold increase in Singapore

Future CFO

Singapore sees a threefold increase in cyberattacks against SMBs, with 453 attacks targeted at this type of businesses in 1H2023 compared to 112 in the same period last year, said Kaspersky recently. In 1H 2023, SMB employees here encountered malware or unwanted software disguised as business applications with about 50 unique files being distributed in the time period while there were only 24 unique files being distributed in the same period of last year in Singapore , the firm noted.

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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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75% of companies unprepared for coming ESG audits: KPMG

CFO Dive

As regulators worldwide begin to mandate ESG disclosures, only 25% of companies are ready for audits of their reports, KPMG said.

Auditing 299
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Where’s Everyone Going?

Barry Ritholtz

Mapped: The Migration of the World’s Millionaires in 2023 Source: Visual Capitalist The post Where’s Everyone Going? appeared first on The Big Picture.

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Does India’s accounting watchdog NFRA have powers to check past audits?

CFO News

The Telangana High Court has ruled that the National Financial Reporting Authority does not have jurisdiction over audits prior to its constitution in October 2018. Legal and audit experts debate the issue.

Auditing 111
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Navigating The Double Consolidation Process To Help Parent PLUS Student Loan Borrowers Reduce Loan Burden

Nerd's Eye View

When it comes to advising clients on student loan issues, many financial advisors might first think about recent graduates seeking advice regarding the most effective way to pay down their balances. However, the number of Federal student loan borrowers over the age of 50 has increased significantly in the past 20 years, with many of these borrowers holding Parent PLUS loans that were used to help fund their children's undergraduate education.

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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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Half of digital transformation investments fail: KPMG

CFO Dive

Success requires collaboration among key stakeholders, including the CFO, who can help ensure a “clear line of sight” toward achieving a return on investment, says KPMG’s Atif Zaim.

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FRP Corporate Finance advises Harwood Private Equity on Vegner sale

Accountancy Today

FRP Corporate Finance has advised Harwood Private Equity on its sale of the Vegner Group, one of the UK’s leading property services businesses, to international property management group Odevo. Headquartered in Richmond, London, The Vegner Group provides property management and building surveying services to property professionals and their clients, including residential asset management companies, property owners, landlords and developers.

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NFRA says biggest focus is to ensure that auditors do their job properly

CFO News

Chairperson Ajay Bhushan Pandey says auditors’ certification of the true and fair view of the company’s financial statement inspires confidence in all stakeholders including investors both domestic and foreign.

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#FA Success Ep 352: Finding Personal Scale By Leveraging Yourself Through Outsourced Delegation, With Bridget Venus Grimes

Nerd's Eye View

Welcome back to the 352nd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Bridget Venus Grimes. Bridget is the President of WealthChoice, a virtual independent RIA that oversees nearly $80 million in assets under management for 68 client families, and Co-Founder of Equita Financial Network, an advisor platform that helps advisors plug in and share resources.

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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.