Sat.May 18, 2024 - Fri.May 24, 2024

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How Outsourced CFOs Help Small Businesses Avoid Financial Crisis

CFO Share

In the volatile world of small business financial management, staying afloat amidst economic fluctuations can feel like sailing into a perfect storm. In uncertain times, financial expertise isn’t a luxury – it’s a necessity for survival. Like adding a navigator to your crew, a Fractional CFO or an Outsourced CFO guides you with crucial information, offering a route to financial stability.

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Not just auditors, Promoters and KMPs too need to be held responsible for frauds: Amarjit Chopra

CFO News

Amarjit Chopra, former President of ICAI, emphasizes the critical need for accountability beyond auditors in corporate frauds. In an insightful interview with ETCFO, Chopra discusses the roles of promoters, CFOs, and directors, urging comprehensive reforms for enhanced corporate governance.

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Trending Sources

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10 Factors To Determine If Your Potential Niche Is Really Viable (And How To Finetune If Necessary)

Nerd's Eye View

Ongoing research into how advicers can structure their practices to be better and more successful has consistently highlighted the benefits of choosing to serve a specific niche. In fact, the more specific the niche, the better, as a highly specialized niche not only allows an advicer to differentiate themselves in a crowded marketplace of other 'generalist' advicers, but also helps them build a more efficient practice where they serve clients who share similar characteristics (and puzzles to so

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Economists bump up 2024 core PCE inflation forecast to 2.7%: NABE

CFO Dive

Fed officials reiterated Monday that before trimming borrowing costs they need more confidence that price pressures will steadily decline.

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If It Aint Broke, Don’t Fix It: A Dangerous Mindset

Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

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Comparing SAP S/4HANA Cloud Public and Private Editions

Navigator SAP

Growing-focused businesses have a choice when deciding which SAP enterprise resource planning solution (ERP) they should adopt: SAP S/4HANA Cloud Public Edition or S/4HANA Private Edition. While many firms will benefit more from the Public Edition and its software-as-a-service model, there are substantive differences between the two and cases when the Private Edition makes more sense.

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Raízen, the global powerhouse in sugar and biofuels production, selects ION’s TriplePoint for its strategic digital evolution

Reval

London – 22 May 2024: ION Commodities, a global leader in energy and. The post Raízen, the global powerhouse in sugar and biofuels production, selects ION’s TriplePoint for its strategic digital evolution appeared first on ION.

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Keys to Revenue Accounting and Compliance for Professional Services Companies

Bramasol

Previous episodes in this Insights Series have explored the challenges created by new Digital Solutions Economy paradigms for billing, fulfillment, invoicing, revenue accounting, and compliance across a wide range of industries. In this new Insights post, we take a look at the management, revenue accounting, and compliance issues for Professional Services companies.

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What Does a NonProfit CFO Do?

Focus CFO

There is a common thread uniting all CFO roles, despite industry-specific differences. But when talking about what a CFO for a nonprofit does, there are unique elements to understand.

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CFOs as overseers of digital transformation

Future CFO

The role of chief financial officers has long been evolving, especially following the drastic changes brought about by the advent of the COVID-19 pandemic. One might say that it has been more than four years since, but it is an undeniable fact that shifts within the Finance function and the organisations as a whole are still ongoing here and there. The lockdowns and quarantine situations introduced changes in the business world that are still visible up until now, if not continuously developing

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Business Travel Expense Strategies for Everybody

Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

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SEC fines NYSE’s parent $10M for failing to report cyberattack

CFO Dive

The settlement sheds light on the costs of cyberattacks that can include penalties for non-compliance with timely disclosure requirements after the events occur.

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How SEBI is tightening norms for independent directors

CFO News

The evolving regulatory environment highlights the imperative for prospective independent directors to possess the requisite expertise and commit to upholding governance standards effectively.

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How To Clean Up Business Financial Statements

CFO Share

Consistent financial reporting is critical for business management. These reports are the backbone of evaluating business performance – crucial for making informed decisions, attracting investors, and securing loans. But cleaning up bad statements can feel daunting, tedious, and wasteful to small business owners and managers. If you’ve recently faced hurdles or missed opportunities due to disorganized financials, you need to clean up your statements.

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Weekend Reading For Financial Planners (May 25-26)

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 growing cybersecurity threats targeted at the finance industry, the SEC adopted final amendments to Regulation S-P that will require SEC-registered RIAs and other financial firms to develop, implement, and maintain written policies and procedures for an incident response program to detect, respond to, and recover from unauthorized access to or use of customer inform

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4 Things Great Companies Do to Improve Cash Flow

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

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3 ESG lessons CFOs can learn from SOX compliance

CFO Dive

ESG reporting may be a relatively new challenge but there is nothing new about C-suite leaders facing “perfect storm” reporting requirements, Wolters Kluwer's Alessio Lolli writes.

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Southeast Asia Sees Venture Capital Drought

Global Finance

Southeast Asian economies survived the pandemic and post-pandemic pitfalls in solid shape. Indonesia, Philippines and Vietnam still rank among the world’s fastest growing large nations. The region’s financial center, Singapore, has expanded as global capital flees competing Hong Kong. So why is Southeast Asia’s startup engine stalling? Venture capital and private equity (VC/PE) flows in most regions have slowed as central banks raised interest rates to combat inflation.

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Webinar- Learn About Powerful New Features In Subscription Billing from SAP Development

Bramasol

Join Bramasol’s John Froelich along with David Eastlund, Christian Ilmberger, and Boris Aljancic from SAP’s Development team to learn more about how powerful new features such as multi-currency and early billing that extend the power of SAP’s premier cloud Order to Cash solution, Subscription Billing. Along with a deep dive into how these new features work, the panel will address best practices for implementing them smoothly into your overall end-to-end, quote-to-cash to compliance landscape.

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Navigating The FTC’s Ban On (Most) Non-Competes: The New World Of Partnerships And Non-Solicits 

Nerd's Eye View

Non-compete clauses are common features of employment agreements around the business world and are often used to dissuade companies from 'poaching' another's employees, and/or to prevent employees (at least for a certain time period) from taking the knowledge gained from working at one company to a competitor. Which can allow companies to protect the 'investments ' they have made in their employees and maintain continuity amongst their staff.

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The Financial Leaders Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

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Want to fix the accounting talent shortage? Raise starting salaries, students say.

CFO Dive

Mean starting salaries for accounting and related services majors in 2022 stood at $60,698 in 2022, according to the National Association of Colleges and Employers.

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If Modi is re-elected, these sectors will get his most attention

CFO News

Prime Minister Narendra Modi has pledged to propel India to become the world's third-largest economy if re-elected for a third term. His ambitious 100-day agenda post-election includes prioritizing manufacturing, new-age technology, infrastructure development, and clean energy sectors. The government aims to implement reforms to boost economic growth and attract foreign investment.

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10-year TIPS reopening auction gets real yield of 2.184%, highest since 2009

Tips Watch

By David Enna, Tipswatch.com Today’s 10-year reopening of CUSIP 91282CJY8 — a 9-year, 8-month Treasury Inflation-Protected Security — generated a surprisingly high real yield to maturity of 2.184%, the highest for this term at auction since January 2009.

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Streamlining Financial Processes with Cloud-Based Solutions

CFO Plans

Unleashing Efficiency with Cloud-Based Accounting Software In today’s fast-paced business environment, efficiency is no longer a luxury but a necessity. For modern businesses, particularly those navigating the complex waters of financial management, SaaS-based accounting software has emerged as a game-changer. This technology not only streamlines processes but also enhances collaboration and provides real-time insights, empowering teams to make informed decisions in a rapidly evolving market.

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How Unify Turned Month-End Mayhem Into a Growth Party With Automation!

By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

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KPMG alum rises to FASB leadership post as first female vice chair

CFO Dive

Hillary Salo was already poised to extend women’s historic majority on the seven-member FASB when she joins in July. Now she will be its first female vice chair.

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More PEs head to India armed with big money to bag deals

CFO News

Growtheum Capital Partners, a private equity firm headquartered in Singapore, is scheduled to inaugurate its Mumbai office this July, joining the growing list of PE investors in India. At the same time, US-based private equity firm Platinum Equity is evaluating investment opportunities across various sectors such as healthcare, technology, and infrastructure as it prepares to enter the Indian market.

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Wolters Kluwer launches AI-powered platform for Finance

Future CFO

Information services company Wolters Kluwer launched its AI-powered CCH® Tagetik Intelligent Platform , designed to digitally transform the efficiency, accuracy, and strategic ability of the office of the chief financial officer. According to a press release, the state-of-the-art AI functionality in CCH® Tagetik Intelligent Platform empowers finance professionals to democratise access to meaningful financial data, manage and control massive datasets with unprecedented speed and automation, unlo

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The Future is Fractional: The Growth of Fractional CFOs in SMBs

Focus CFO

FocusCFO's Michael Stier is on the Gross Profit Podcast , sitting down with host James Kennedy to dive deep into the world of fractional CFOs. They explore the rapid growth of fractional CFO services, the benefits they bring to businesses, and how FocusCFO stands out in the growing fractional executive industry.

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7 Essential Criteria for Choosing the Right Payments Partner

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

In this webinar, Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms, will dive into the 7 must-have criteria for evaluating payments partners, helping you maximize both efficiency and the long-term value of your investment. From assessing technology capabilities to leveraging business development opportunities, this session will give you a clear, actionable strategy to select the right partner for scaling your business.