Sat.Nov 16, 2024 - Fri.Nov 22, 2024

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When Does a Business Need a CFO?

CFO Selections

There is no one better positioned to create sustainable financial success inside a business than the CFO. A CFO takes their financial expertise and channels it into a strategic leadership role to create financial success for the company and its stakeholders. As such, their responsibilities include: budgeting and forecasting, managing mergers or acquisitions, and handling compliance issues.

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Curb your debts to prepare for the next pandemic, Raghuram Rajan tells US

CFO News

Former RBI Governor Raghuram Rajan has warned against high public debt. He says countries like the US are vulnerable to future crises. Rajan suggests reducing debt to create a buffer. He spoke at the Bancor prize award ceremony in Rome. He also advocated for reforming global institutions and increasing trade.

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Trending Sources

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Top-Down vs. Bottom-Up Budgeting: Which Approach Will Supercharge Your Financial Planning?

Lime Light

Managing a company's budget can be quite like juggling a financial puzzle. Two popular approaches exist when it comes to crafting a budget: top-down budgeting and bottom-up budgeting.

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Seeking Best Execution: Understanding The SEC’s Expectations For Advisors To Deliver Best Outcomes For Clients

Nerd's Eye View

Investment advisers are fiduciaries that owe a duty of care and loyalty to their clients. One component of this duty of care is an obligation to seek best execution of client securities transactions. While this requirement might sound relatively straightforward, the lack of a single definition for what this duty actually requires can make it challenging for advisers seeking to understand precisely what it means to comply with this responsibility.

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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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Top Audit Readiness Challenges and How to Overcome Them

E78 Partners

Audit season presents a set of unique challenges for private equity-backed companies, particularly those that must balance the expectations of investors with the demands of compliance. Here are four of the most common audit preparation obstacles and practical ways to overcome them, based on client experience supporting finance teams through efficient and streamlined audits.

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Cross-Listed Companies, Navigating International Reporting Standards 

CFO Talks

Cross-Listed Companies, Navigating International Reporting Standards You are running a business that’s performing well in South Africa. The next logical step might be to take your company to international markets by listing on a foreign stock exchange. Cross-listing opens doors to new opportunities—global investors, more capital, and enhanced brand recognition.

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EY: financial controllers need support to harness technology

Future CFO

Although there is clear recognition that the role of the financial controller is in flux, and despite the adoption of data insights and artificial intelligence, the finance professionals need more support to fully harness the power of emerging technologies. This is the findings of a recent study by EY, which polled more than 1,200 financial controllers across 28 countries and territories, revealing that only 28% of respondents ranked searching for opportunities to use technology as one of the to

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CFO Mark Partin on Building BlackLine’s Revenue Ops from the Ground Up

CFO Thought Leader

In this special Mentor Plus video feature, BlackLine CFO Mark Partin shares the transformative journey of building a world-class Sales Ops organization. Tasked with creating the function from scratch nearly a decade ago, Partin highlights key milestones, from aligning finance with sales and marketing to establishing a unified revenue operations model that supports BlackLine’s rapid growth.

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Walmart CFO keeps eye on prices, tariffs

CFO Dive

Walmart is looking to continue to attract high-income consumers with the right price mix, even as CFO John Rainey anticipates price hikes in the face of potential tariffs.

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

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.

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Templated EDI for SAP S/4HANA Cloud Public Edition

Navigator SAP

Electronic data interchange (EDI) is an important technology for creating a smooth and automated data flow between your business and your partners, both suppliers and sellers. Configuring an EDI connection is not always simple, however, which is where EDI templates come in. EDI is the process of electronically exchanging business data that was traditionally handled with paper.

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Members’ Profile: Anne-Marie de Bruin 

CFO Talks

Members’ Profile: Anne-Marie de Bruin In this edition of CFO Club Africa’s Members Spotlight, we are introducing Anne-Marie de Bruin, a highly experienced finance professional and the freelance Financial Manager at AM Cross Country Consulting. With over two decades of expertise and a focus on strategic financial solutions, Anne-Marie has been making a global impact through her consultancy work.

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Weekend Reading For Financial Planners (November 23–24)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that amidst a rare change in leadership at Charles Schwab, the outgoing and incoming CEOs hinted at relatively minor changes during remarks for advisors at its annual IMPACT conference this week, including an increased focus on lending services for high-net-worth clients and a desire to expand direct access to cryptoassets.

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CFOs zero in on AI ‘auditability’ for 2025: Visual Lease

CFO Dive

CFOs are keeping their focus on finding AI tools with “some good bit of traceability” in the face of a rising tide of potential vendors, Visual Lease’s Amie Durr said.

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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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Coming March 18: “How Not To Invest”

Barry Ritholtz

Well, that was a lot more fun than I expected! I submitted the final manuscript for my new book, How Not to Invest , last week. The final edit will involve some back-and-forth, but the writing is finished. I recall “ Bailout Nation ” as more of a slog, in part because so much of it happened in real-time. I constantly rewrote entire chapters as various companies blew up.

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10-year TIPS reopening auction gets real yield of 2.071%

Tips Watch

By David Enna, Tipswatch.com The Treasury’s reopening auction of a 10-year Treasury Inflation-Protected Security — CUSIP 91282CLE9 — generated a real yield to maturity of 2.

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Highlights From The Advise AI Conference 2024

Nerd's Eye View

In recent years, AI has become an increasingly common feature in advisor technology. The possibilities at the intersection of AI and financial advice are exciting – faster processes, better connections, less time on ‘busy work’ – but also come with uncertainty about the future of the field. What might the field of financial advice even look like in 10 years?

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Climate protesters disrupt Saudi Aramco CFO talk at MIT conference

CFO Dive

Saudi Aramco CFO Ziad Al-Murshed’s talk ended abruptly Thursday after climate protesters took the stage at the MIT Sloan CFO Summit in suburban Boston.

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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.

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India's auto parts industry poised to cross $80 bn revenue in 2024-25

CFO News

The revenue of India's automotive components industry is expected to cross $80.1 billion in FY2025 while exports have already touched $21.2 billion, according to B2B risk management consultancy Rubix Data Sciences.

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MiB: Corey Hoffstein on Return Stacking  

Barry Ritholtz

 This week, we speak with Corey Hoffstein, CEO and CIO of Newfound Research. Corey pioneered the concept of ‘return stacking’ and is one of the masterminds behind the Return Stacked ETF Suite , which manages roughly $750 million across five ETFs. Corey’s work has been published in the Journal of Indexing and the Journal of Alternative Investments.

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CFOs top priorities in 2025: metrics, analytics, reporting

Future CFO

Chief financial officers and finance leaders rated metrics, analytics and reporting as their top focus areas for the year coming, according to a recent survey by Gartner, Inc. This findings of the October 2024 survey , which polled 251 CFOs, reflect an emphasis on delivering insight to improve business performance, as CFOs showed that finance transformation ranks much lower as a priority for them in 2025.

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Why AI alone won’t solve biased underwriting

CFO Dive

Combining AI advances with thoughtful, human-powered selection of risk data that benefit the members of underserved communities is the winning strategy for fairer underwriting, Jin Han writes.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

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

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Biometric authentication to begin at 46 GST service centres to check registration fraud

CFO News

Experts said unscrupulous taxpayers exploit the online system to generate GST registrations and engage in fraudulent transactions, but biometric-based Aadhaar authentication is perceived as maintaining vigilance on such spurious registrations. In MP, of the total five GST service centres will be operated by the CGST at Indore, Ujjain, Bhopal, Jabalpur, and Gwalior, whilst other centres will be managed by SGST.

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Why Budgeting Matters More Than Ever in 2025

Focus CFO

2025 is just around the corner, and now is the time to start planning for a successful year. Creating a solid annual budget is a critical step for any business owner, regardless of industry or size. Why? Because a well-crafted budget provides the roadmap to reach your goals.

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How to Avoid Common Pitfalls in Technology Expense Management

E78 Partners

Effective technology expense management is essential for companies looking to optimize budgets and stay competitive in today’s fast-paced digital landscape. However, managing these expenses can be challenging, with common pitfalls leading to overspending, inefficiencies, and missed opportunities for cost savings. Businesses must develop a strategic approach that addresses common obstacles and ensures that technology investments align with their operational goals to avoid these issues.

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SEC’s Gensler to step down Jan. 20 after robust rulemaking, enforcement

CFO Dive

The SEC, in one of its most far-reaching changes under Gensler, adopted rules last year aimed at channeling more trading of Treasury securities into central clearinghouses and curbing the risk of illiquidity.

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Solve Your Firm's Automation Complexities Once and For All

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.