Nerd's Eye View

MAY 8, 2024

Measuring a client's tolerance for risk is an essential (and required!) step when onboarding a new client, as making any sort of recommendation is impossible without first understanding how comfortable clients may be when their portfolios inevitably experience volatility. Over the years, 2 types of measurement tools have emerged as the standards for assessing risk tolerance: 1) psychometric tests, which feature a series of questions (such as, "What amount of risk do you feel you have taken with

Planning 95

Planning Investments Marketing Numbers 95

Barry Ritholtz

MAY 6, 2024

It’s taken me months to organize all of my research for my next book project; it’s a lot of stuff, some dating back to 2000. Much of it reflects the bad ideas and numbers, and worse advice, that float around Wall Street. A lot of it has not aged well. But every now and then, something I saved turned out to be prescient — not because it was lucky, but because it contained a well-considered insight that has stood the test of time.

Forecasting 113

Forecasting Investments Numbers Marketing 113

Tips Watch

MAY 5, 2024

By David Enna, Tipswatch.com Last week, the Treasury set the fixed rate for I Bonds purchased from May to October 2024 at 1.3%, which combined with a variable rate of 2.96% results in a composite rate of 4.

Treasury 109

Treasury 109

CFO Dive

MAY 8, 2024

Panax is among companies that say they’re seeing high demand for finance automation tools as businesses try to navigate an uncertain economic environment.

Startups 290

Startups Economics Finance 290

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

Investments

CFO News

MAY 8, 2024

Shiprocket, a leading e-commerce facilitator, is poised for an IPO, confirms CFO Tanmay Kumar. With ambitions to empower small merchants and ensure lasting business, Shiprocket keeps IPO timing undisclosed.

CFO 59

CFO Planning 59

Capital CFO LLC

MAY 9, 2024

Navigating the complexities of grant budgeting is akin to captaining a ship through treacherous waters—precision is key. Just as a seafaring captain relies on a compass to chart a course to safe harbor, meticulous budget planning ensures you reach your funding goals without going adrift. Mastering the intricacies of this financial voyage can mean the […] The post Grant Budgeting Mastery: Top Tips for Staying On Track appeared first on Capital CFO+.

Budgeting 52

Budgeting CFO Planning Nonprofit 52

CFO Plans

MAY 9, 2024

Discover Cutting-Edge Accounting Solutions In the thrilling world of business accounting, the art of optimizing financial strategies emerges as a critical factor that can either make or break a company’s success. Today, we embark on a journey into the realm of hospitality businesses, where tailored financial services play a pivotal role in navigating the complexities of this dynamic industry.

Accounting 52

Accounting CFO Leverage Financial Reporting 52

CS Lucas

MAY 9, 2024

Bank reconciliation is a crucial process that ensures the accuracy of a company’s financial records against the bank’s account statements. A reconciliation statement serves to validate that payments have been processed and deposits correctly recorded. This process is essential not only for detecting fraud but also for identifying any unintentional discrepancies.

Reconciliations 52

Reconciliations Banking Treasury Accounting 52

Future CFO

MAY 6, 2024

The Association of Chartered Certified Accountants (ACCA) identified the importance of knowing how to navigate the sustainability agenda among finance professionals in the road to creating a positive impact in tackling various issues. Such concerns include climate change, social inequality, and a widespread lack of trust, ACCA says. Professional accountants are expected to be aware how they can make a difference to build a better world that works for everyone, even if it can be hard to put o

Finance 52

Finance Accounting Financial Data Planning 52

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.

Accounting

CFO Dive

MAY 10, 2024

On the heels of new crypto accounting rules, the FASB’s proposed expense standards also represent a big change for many public company report preparers.

Accounting 318

Accounting 318

Navigator SAP

MAY 10, 2024

As a business grows, the need for financial automation becomes clear. However, emerging companies also usually have the least amount of time for setting up backend systems that enable this financial automation. That’s where SAP’s powerful but reimagined ERP solution comes into the conversation, SAP S/4HANA Cloud Public Edition. Startups and growing businesses often are exhilarating places to work, but they aren’t where you go for more free time.

SAP 251

SAP Startups Planning 251

Barry Ritholtz

MAY 9, 2024

Nestled in between lip-sync dancers and fashion influencers, financial fraud lurks on TikTok. At least one person1 has noticed the risks to young consumers of social media: Since August 2020, @TikTokInvestors has been curating the most outrageous money-losing and dangerous videos culled from the “financial experts” at TikTok. The advice ranges from wrong to risky to criminal: -401ks?

Math 134

Math Investments Auditing Securities 134

Lime Light

MAY 9, 2024

For mid-market companies, navigating the financial planning and analysis (FP&A) landscape can be a balancing act. You've outgrown basic spreadsheets but may not require the complexities of enterprise-grade solutions. This is where cloud FP&A software emerges as a game-changer, offering a powerful and scalable toolset specifically designed to meet the needs of your growing business.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Marketing Forecasting 98

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.

Accounting

CFO Dive

MAY 8, 2024

Central bank officials this week have signaled that strength in hiring and economic growth may prompt the Fed to keep interest rates high longer than previously expected.

Economics 283

Economics Banking 283

CFO News

MAY 6, 2024

On Monday, the Supreme Court declined to address a plea filed by various traders' associations contesting the legality of Section 43B(H) within the Income Tax Act. This section mandates that businesses settle their outstanding payments with micro, small, and medium enterprises (MSMEs) within 45 days to avail tax benefits.

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96

Nerd's Eye View

MAY 10, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners"– this week's edition kicks off with the news that a recent analysis from Morningstar suggests that the Department of Labor's (DoL's) new Retirement Security Rule (aka Fiduciary Rule 2.0) could save retirement plan participants $55 billion over the next 10 years (due to an expectation of more low-cost fees being offered in plans) and those rolling over workplace plans into IRAs to purchase annuities another $32.5 bill

Valuation 91

Valuation Communication Securities Planning 91

Global Finance

MAY 10, 2024

President Javier Milei’s currency moves give markets room for planning, but his ambitious economic restructuring faces roadblocks. For the better part of 30 years, Argentina has been making economic headlines for the wrong reasons. Its persistent and serious economic and social crisis led the country to default on its international sovereign debt in 2001, 2014 and, most recently, 2020.

Currencies 88

Currencies Economics Foreign Exchange Investments 88

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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.

Reconciliations

CFO Dive

MAY 7, 2024

Accountants should respond to the rapid pace of generative AI adoption by embracing it and delving into experimentation, the AICPA said.

Accounting Firms 305

Accounting Firms Accounting 305

Tips Watch

MAY 7, 2024

By David Enna, Tipswatch.com If you’ve been reading this Tipswatch site for long, you know what that headline means. I am traveling again. By the time you read this Tuesday morning, I will be somewhere in northern Spain.

Investments 79

Investments 79

Nerd's Eye View

MAY 7, 2024

Welcome everyone! Welcome to the 384th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Hannah Provost. Hannah is a partner and financial advisor at Lomanto Provost Financial Advisors, a hybrid advisory firm based in Plattsburgh, New York, that oversees approximately $150 million in assets under management for about 380 client households.

Banking 86

Banking Education Leverage Retail 86

Barry Ritholtz

MAY 10, 2024

This week, we speak with Jim O’Shaughnessy, founder and CEO of O’Shaughnessy Ventures. He is also chairman of the board at Stability AI. He is the host of the Infinite Loops podcast and the author of How to Retire Rich , Invest Like the Best , and Predicting the Markets of Tomorrow. We discuss how the book What Works on Wall Street set the tone for his entire career as a quant.

Investments 76

Investments Banking Marketing Technology 76

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

Sales

CFO Dive

MAY 7, 2024

The startup is rolling out new AI-related threat detection capabilities on the heels of securing $30 million in funding from investors, including Citi Ventures.

Startups 281

Startups Securities 281

The Finance Weekly

MAY 5, 2024

The hunt for growth never stops in the fast-paced business world. Leading the growth in almost every company is the sales team. They basically connect what you need with the right product or service. For instance, let's talk about car sales. When you head to a car dealership, you have a car in mind. The salesperson usually dives into your life - asking about your family size, daily routine, and more to understand how you plan to use the car.

Planning 72

Planning Sales Forecasting Strategic Planning 72

Nerd's Eye View

MAY 6, 2024

Welcome to the May 2024 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 self-directed retirement planning software provider NewRetirement has raised a $20M Series A round as the company demonstrates that its DIY tools really do turn a subset of consumers into bona fide prosp

Communication 67

Communication Planning Technology Numbers 67

Barry Ritholtz

MAY 4, 2024

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • The Most Important Skill of the Future is Being ‘Indistractable’ How the difference between traction and distraction could transform your productivity. ( Nir and Far ) • this is a teenager : In 1998, a researcher named Vincent Felitti published a paper that drastically changeed the way we think about these kids and childhood.

Advertising 73

Advertising Leadership Planning Securities 73

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.

Marketing