Sat.Jul 29, 2023 - Fri.Aug 04, 2023

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M&A slump raises bar for seller CFOs

CFO Dive

The mergers and acquisitions boom is long over. The best CFOs are cleaning up their books and arming their CEOs with key data to win offers anyway.

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9 Advantages of an Outsourced Virtual Finance Department

Driven Insights

If you receive accurate, insightful financial and operating reports each month -- without taking time away from where you need to be adding value -- and that information fuels the decisions that drive your business month after month, then there’s no need to read on. However, if you’re like most small business owners (or advisors/investors thereof), real game-changing information is as fleeting as time in the day.

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Trending Sources

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What it takes to become a value-adding CFO

Future CFO

To become a value-adding CFO, one needs to adopt integrative thinking, said ACCA recently. CFOs need to change their mode of operation to successfully navigate complex multi-dimensional problems, according to the accountancy body’s latest research. According to ACCA, CFOs have an immense responsibility and career-defining challenge in helping their organisations navigate complex multi-dimensional problems.

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Do You Need to Switch to a Rolling Forecast?

CFO Selections

If you’re wondering whether your company needs to switch to a rolling forecast, it’s important to look at why you’re asking. The simple act of questioning whether your current budgeting process is sufficient likely indicates that you have identified a shortcoming in your current budgeting process that provides an opportunity for improvement. Moving to a rolling forecast may offer benefits over your existing methodology, but it’s important to understand the pros and cons associated with using a r

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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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It’s time for family-owned firms to put private equity on the table

CFO Dive

Well-publicized cases of bad behavior have fueled certain biases against private equity. But family-owned businesses shouldn’t ignore the financial lifeline that PE can offer, Bob Goldsmith argues.

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More Trending

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Capitalising on the Fintech apps in APAC

Future CFO

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. The rise in digital transformation (DX) initiatives and the adoption of mobile technologies have also contributed to the demand for cloud-based financial applications in Asia/Pacific.

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How finance chiefs can cut back on IT spending waste

CFO Dive

To tackle outdated or redundant tech driving up IT spending costs, CFOs need to work with CIOs to create a “common plan,” LeanIX’s Christian Richter said.

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AIs Impact on Corporate Finance

The Finance Weekly

Artificial Intelligence (AI) is gradually revolutionizing various industries, including the field of accounting and finance. With the emergence of , AI tools and Large Language Models (LLMs) like ChatGPT, Google Bard, and BERT, professionals in these fields can benefit from enhanced capabilities and streamlined processes. In a recent webinar sponsored by Datarails , the FP&A solution for Excel users, three distinguished finance leaders came together to discuss the impact of AI on corporate f

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Fintech lenders see profits in FY23 after rough couple of years

CFO News

After years of logging losses and write-offs, Lendingkart, Indifi, Fibe and a few others are in the black and hoping to stabilise their businesses over the next two years.

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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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The Disadvantages of Cloud-based ERP

Navigator SAP

Cloud-based enterprise resource planning systems (ERP) are becoming the norm among businesses as backend processes are fully moved to the cloud as part of an organization’s digital transformation strategy. Cloud ERP does have its downsides, however, as with all technology. Chief among the disadvantages of cloud-based ERP is limited customization. With cloud-based ERP, as with all cloud services, standard processes replace the customization that often comes with on-premise software.

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Record number of ESG shareholder proposals go to a vote

CFO Dive

As of June 30, approval rates for shareholder proposals focused on environmental and social issues fell compared to all of 2022, Diligent Market Intelligence said.

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Who Are the World’s Largest Land Owners?

Barry Ritholtz

Source: Madison Trust The post Who Are the World’s Largest Land Owners? appeared first on The Big Picture.

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NFRA debars auditor of Bartronics India for 10 years

CFO News

​The order came after NFRA received information from the Ministry of Corporate Affairs regarding irregularities observed by the Financial Reporting Review Board (FRRB) of Indian Institute of Chartered Accountants of India (ICAI).

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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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Planning For Adoption: Understanding Different Pathways And Their Costs, Tax Breaks, And Financial Assistance Available

Nerd's Eye View

Adoption, the social and legal process in which an adult is formally made the parent of another individual (typically a child), helps fill a critical need in society: to unite children who need loving families with those who want to raise children. At the same time, adoption can be expensive, with costs that can add up to $70,000 or more. Which means that financial advisors can play an important role in adoption planning – helping clients strategically plan for the costs involved in the pr

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Moody’s finance chief leaves for new CFO gig

CFO Dive

The parent of the credit rating giant Moody’s Investors Service tapped its chief accounting officer to step in as interim CFO as it hunts for a permanent finance chief.

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Round Trip

Barry Ritholtz

After a monstrous 68% recovery from the March 2020 pandemic low, and another nearly 30% gain in 2021, markets decided to have one of their all-too-regular spasms. Blame whatever you want – Too far, too fast? End of ZIRP? Too rapid rate increases? – but the giveback off the highs was substantial: S&P 500 was down ~23%, Russell 2000 was off 27%, and the Nasdaq 100 came down 32%.

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Data Bill: Big four forensic teams in a quandary

CFO News

The Digital Personal Data Protection (DPDP) Bill 2023 has introduced a concept of deemed consent, explicit consent and a right to the data subject to withdraw consent.

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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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Weekend Reading For Financial Planners (August 5-6)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that credit ratings agency Fitch on Tuesday downgraded its assessment of the U.S. government's creditworthiness from an AAA rating to AA+. While the downgrade has made headlines and might be startling to advisory clients (particularly those with significant portfolio allocations to U.S.

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CPA firms facing talent shortage hike starting salaries 14%

CFO Dive

Many accounting firms lacking qualified staff have had to turn away work, according to alliantTalent.

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Female leadership in finance: Closed doors lead to exciting opportunities

Future CFO

Editor’s note: Have you ever had any regrets from unrealised dreams? Clodagh Farrell (pictured), Vice President and Chief Financial Officer, Asia Pacific, Middle East and Africa, DXC Technology , once dreamt to become a dress designer, but financial constraints back then drove her to choose business and finance, which eventually opened up a huge world filled with exciting opportunities.

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Rerating a superpower

CFO News

Interest rates in the US are at a 22-year high, while the banking sector still remains shaky emerging out of a crisis recently.

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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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A Roadmap For Solo RIAs Making Their First Hire

Nerd's Eye View

Many financial advisors who launch solo advisory firms do so with the intention of adding more employees once the firm becomes big enough to support them. And while conceptually it makes sense that the firm will be ready to hire its first employee at some point, in practice, there often isn't a lot of clarity about the right time to actually make an initial hire.

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With generative AI, start with the basics, EY tells CFOs

CFO Dive

CFOs facing the generative AI learning curve should take a two-pronged approach to its deployment, EY’s Mike Kelly advises.

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10 Wednesday AM Reads

Barry Ritholtz

My mid-week morning Plane reads: • A Generational Change : People view bonds as competition for stocks as a bad thing. But it’s not.( Irrelevant Investor ) see also Stocks Crush ‘Year of Bond’ in Biggest Sentiment Shift Since ‘99 : Fixed income underwhelms as Teflon economy strands bears More than half of JPMorgan clients now see no recession. ( Bloomberg ) • Local Malls, Stuck in ‘Death Spiral,’ Plunge in Value Crystal Mall in Connecticut, worth $150 million in 2012, recently sold for $9.5 mill

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Sebi provides clarity on online resolution of disputes framework

CFO News

Capital markets regulator Sebi on Friday provided more clarity on the framework concerning online resolution of disputes in the Indian securities market. Providing clarity on initiation of the dispute resolution process, Sebi said that an investor will have to first take up his/her grievance with the market participant by lodging a complaint directly with the concerned market participant.

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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.