Barry Ritholtz

OCTOBER 7, 2024

@TBPInvictus here: If you’re not aware of the brouhaha that was stirred about a year or so ago when CA Gov Gavin Newsom signed into law (taking effect April 1, 2024) a new $20 minimum wage for so-called “limited service” (a/k/a fast food or QSR) restaurant workers, read up here , here , or here. In a nutshell, the usual suspects’ heads exploded well before the legislation even took effect, claiming it would lead to widespread devastation in the fast food space: job losses

Profit and Loss 113

Profit and Loss Forecasting Economics Numbers 113

CFO Dive

OCTOBER 8, 2024

This year has marked the beginning of a groundswell of enhanced, regulated reporting on sustainability and climate data, writes Persefoni’s Emily Pierce.

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CFO Plans

OCTOBER 9, 2024

As businesses expand, especially within the financial services sector, the intricacies of tax compliance can become a formidable challenge. The stakes are high, with severe repercussions for non-compliance, but these challenges also present immense opportunities for optimization. To thrive in this environment, companies must adopt strategic approaches that not only ensure compliance but also enhance their financial health.

Compliance 52

Compliance Tax Planning CFO Concentration 52

Global Finance

OCTOBER 6, 2024

Bhutan is banking on a unique mix of abundant energy, a clean environment, and wellness entrepreneurism to lure foreign investors. A constitutional monarchy of 800,000 people, Bhutan is nestled in a region that’s home to nearly 3 billion. Bordered by China to the north and India to the east, west and south, the Himalayan nation installed a new government in January under Prime Minister Tshering Tobgay, who returned to office after an earlier five-year stint that ended in 2018.

Economics 119

Economics Education Investments Forecasting 119

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

Tips Watch

OCTOBER 10, 2024

Social Security COLA will be 2.5% for payments beginning in January. By David Enna, Tipswatch.com The September inflation report, just released by the U.S.

Securities 67

Securities Investments Finance 67

CFO Talks

OCTOBER 10, 2024

Finance and Strategy: Making Numbers Work for Your Vision Imagine this: Your company has a fantastic vision—perhaps it’s to dominate a new market, launch a groundbreaking product, or grow your team and profits. But here’s the catch—without strong financial management to back up that vision, it’s like trying to build a house without a solid foundation.

Numbers 98

Numbers Finance CFO Leadership 98

Nerd's Eye View

OCTOBER 8, 2024

Welcome everyone! Welcome to the 406th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Michael Kramer. Michael is the manager of Natural Investments, an RIA based in San Francisco, California that has offices across the country, overseeing $1.9 billion in assets under management for 1,300 client households. What's unique about Michael, though, is how his firm used the unique perpetual purpose trust structure to facilitate an internal succession plan, allowing th

Leadership 92

Leadership Planning Investments Economics 92

Reval

OCTOBER 7, 2024

LONDON – 08 October 2024: ION, a global leader in trading and workflow. The post Instantia partners with ION FX for trade execution and risk management appeared first on ION.

Risk Management 59

Risk Management 59

CFO News

OCTOBER 7, 2024

The domestic alcoholic beverages industry is likely to see 8-10 per cent revenue in FY25, led by steady demand for beer and a revival in consumption of spirits, along with increasing consumer preference for premium products, a report said on Monday.

Sales 52

Sales 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

OCTOBER 9, 2024

Paul Knopp, KPMG U.S. Chair and CEO, called the deepening accounting talent shortage “a brewing crisis” that needs to be addressed in the “near term.

Accounting 307

Accounting 307

Navigator SAP

OCTOBER 11, 2024

The power of ERP comes from it being an end-to-end business solution that houses all of a company’s data and its ability to make this data both visible and actionable across applications.

SAP 221

SAP 221

Global Finance

OCTOBER 8, 2024

China continues to dominate trade with the continent. But overlending—and US initiatives to extend its security and investment footprint—are challenging its position. China solidified its position as Africa’s largest bilateral trading partner last year, as trade with the continent reached a record $282.1 billion, up 1.5% from 2022. But a 7.5% surge in Chinese exports, to $173 billion, was not matched by imports from Africa, which fell by 6.7% to $109 billion, widening Africa’s trade deficit wit

Transportation 130

Transportation Economics Investments Restructuring 130

Barry Ritholtz

OCTOBER 9, 2024

 ATM: Valuation is an exercise in faith with Aswath Damodaran. (October 9, 2024) Do you understand the difference between price and value? How much faith do you have that any stock or market will eventually return to its intrinsic value? Full transcript below. ~~~ About this week’s guest: Professor Aswath Damodaran of NYU Stern School of Business is known as the Dean of Valuation.

Valuation 107

Valuation Investments Finance Marketing 107

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

OCTOBER 8, 2024

The current tech landscape “now demands that businesses reinvent themselves to remain competitive,” according to a report by the National Association of Corporate Directors.

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Navigator SAP

OCTOBER 11, 2024

Upgrading to a modern ERP system can enhance efficiency, decision-making, and innovation. However, outdated ERP systems can hinder growth due to inefficiencies, scalability limitations, integration issues, security risks, and an inability to support innovation. While modernization involves risks like data loss and disruption, the benefits, including improved operations, real-time insights, and scalability, outweigh the challenges.

Leadership 199

Leadership Securities SAP 199

Global Finance

OCTOBER 7, 2024

OpenAI continues to attract tons of venture capital, its accumulated take reportedly hovering at $6.5 billion most recently. And a valuation that now exceeds $150 billion might appear to give the Microsoft and Softbank-backed startup an insurmountable advantage in the generative artificial intelligence (GenAI) space. But emerging players like Paris-based Mistral AI and Tokyo-based Sakana AI are gaining ground, says entrepreneur Ilya Kulyatin, who founded Tokyo AI, a community of over 1,000 AI pr

Valuation 116

Valuation Startups Technology Finance 116

Bank of the West

OCTOBER 7, 2024

BMO employees are driving progress toward a more sustainable and resilient future through the BMO Climate Institute Fellowship program BMO’s Climate Ambition compels us to be our clients’ lead partner… Read more The post BMO’s Climate Fellows help advance our Climate Ambition appeared first on About BMO.

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104

Advertisement

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

OCTOBER 8, 2024

High borrowing costs, a major cause of uncertainty, show no signs of easing even though the Federal Reserve last month cut the main interest rate by a half percentage point.

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307

CFO Talks

OCTOBER 10, 2024

The Power of Fractional CFOs: Sara Daw on Transforming Financial Leadership for SMEs and Corporates In a recent CFO Club Podcast , Leana van der Merwe hosted Sara Daw , Group CFO of CFO Centre Ltd, to discuss the increasingly popular concept of fractional CFOs. These part-time CFOs are becoming essential for businesses of all sizes, providing high-level financial expertise without the full-time cost.

Leadership 98

Leadership CFO Communication Accounting 98

Global Finance

OCTOBER 9, 2024

The recent bankruptcy declarations by Tupperware and Avon Products (API) demonstrate the weakness of a direct-seller model. Tupperware, the plastic containers maker, filed for bankruptcy in September. That came just one month after API, the US-based nonoperational holding company of Avon beauty brands, filed to restructure its debt due to previous and ongoing litigation regarding talc contamination in its products.

Marketing 111

Marketing Restructuring Sales Finance 111

Nerd's Eye View

OCTOBER 11, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a CFP Board ad campaign promoting a career in financial planning to high school and college students sparked an uproar in the planning community, as some advisors questioned whether the messages being sent in the ads – in particular, certain static ads that did not provide as much context into the messaging as a series of 15-second video ads – realistically rep

Practice Management 95

Practice Management Planning Financial Data Numbers 95

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

OCTOBER 11, 2024

With Hurricanes Helene and Milton estimated to have cost tens of billions of dollars in damage, it’s important for businesses to carefully document the impact when filing insurance claims.

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CFO Talks

OCTOBER 9, 2024

Cultivating Organisational Success Through Effective Leadership Leadership plays a critical role in driving the success of any organisation, especially when navigating the complexities of today’s fast-paced business world. As a CFO in South Africa, you’re not only responsible for financial oversight but also for shaping the culture and direction of your company.

Leadership 98

Leadership Problem Solving CFO Communication 98

Global Finance

OCTOBER 9, 2024

Standard Chartered is using an artificial intelligence-based Talent Marketplace, developed by New York-headquartered Gloat, to match employees’ skills with project-specific internal gigs. Using a “skills passport,” employees can apply for projects, enhancing their skills and unlocking opportunities to participate in more internal roles. Following an initial 12,000-person pilot in India, which resulted in the biggest increase of year-on-year career satisfaction, it has been used by 39,000 employe

Economics 111

Economics Finance Technology 111

Bramasol

OCTOBER 9, 2024

When it comes to implementing ERPs and business systems, Fit-to-Standard vs Fit-to-Custom has always posed an important challenge for companies. Leaning toward custom code can provide uniquely tailored processes but can also lead to “digital debt” in terms of systems that are expensive to maintain and update. On the other hand, Fit-to-Standard has often been viewed as not being sufficiently responsive for tailoring process to meet a company’s specific needs.

SAP 95

SAP Compliance 95

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