2023

article thumbnail

2024: Business and Finance Ahead of Us

CFO News

Explore the optimistic financial forecast for India in 2024 by seasoned finance expert Robin Banerjee. From increased loan availability to a rising stock market, Banerjee provides insights into the potential economic landscape. However, he cautions against global risks that could impact India's trajectory.

Finance 119
article thumbnail

Next-gen CFOs: Forging a new path

CFO Dive

The finance chief has long been more than a routine number-cruncher. For Gen Z, the route to the CFO chair will likely better reflect the role’s complexity.

CFO 284
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Investing Behavioral Hacks

Barry Ritholtz

Markets screamed higher yesterday after a benign CPI report showed a 0.0% monthly price increase and inflation falling to 3.2% year over year. After a big gap opening, latecomers piled in; many had been sitting on the sidelines following a challenging 2022, while others got panicked out during the 10% October drawdown. It was a classic fear-driven error, a combination of bad market timing and poor impulse control.

article thumbnail

CFOs keep focus on tech, profitability: Grant Thornton

CFO Dive

As CFOs seek to boost profits while balancing rising operating costs, a tailored digital transformation strategy is critical, Grant Thornton’s Paul Melville says.

301
301
article thumbnail

Building a Business Case for Finance Automation

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

article thumbnail

The Day the Treasury Topped

The Reformed Broker

The parabolic spike in 2-year Treasury bond rates this winter ended with a crescendo on Thursday, March 9th and Friday March 10th. That week, the collapse of Silicon Valley Bank had thoroughly spooked the markets and convinced traders that the Federal Reserve would be forced to start downshifting its hiking cycle and the accompanying hawkish rhetoric.

Treasury 138

More Trending

article thumbnail

Talent tops 2024 CFO risks: Protiviti

CFO Dive

Risks relating to talent shortages, inflation and generative AI remain top of mind for finance chiefs as they look forward to 2024, Protiviti’s survey found.

CFO 266
article thumbnail

Slowing U.S. Economy, State by State

Barry Ritholtz

We spend way too much time trying to predict the future (especially this time of year). Rather than engage in futility, let’s look at the coincident indexes in all 50 states over the past 3 months, via the Federal Reserve Bank of Philadelphia (October 2023). Note: I have been occasionally eyeballing this map since 2008 , and it does a good job of showing the overall trend of the economy (on an obvious lag).

Banking 141
article thumbnail

Most economists put odds of recession at 50% or less: NABE

CFO Dive

A report Tuesday of declining job vacancies bolstered optimism that the labor market will cool without pushing up unemployment much beyond the 3.9% level in October.

Marketing 290
article thumbnail

Why Life Sciences Businesses Need ERP

Navigator SAP

For most life sciences startups , the product is the business. This makes sense because many life sciences businesses come out of fundamental innovation in the lab, and thoughts of how best to bring the product to market only come later.

Startups 276
article thumbnail

Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

article thumbnail

ChatGPT fails accounting class

CFO Dive

ChatGPT has met its match in an accounting course, with students scoring an overall average of 76.7%, compared to ChatGPT’s score of 47.4%, according to research from Brigham Young University.

article thumbnail

Biden’s AI order calls for guardrails to protect workers

CFO Dive

The effort highlights growing concerns in Washington over the risks posed by artificial intelligence as companies rush to adopt it.

312
312
article thumbnail

Small businesses limp toward 2024 with gloomier outlook, surveys show

CFO Dive

Confidence among CEOs and economists in the prospects for the economy is not shared by small businesses.

308
308
article thumbnail

FASB finalizes new fair value crypto accounting

CFO Dive

Many crypto companies have clamored for the fair value fix, which won't apply to such assets as NFTs.

article thumbnail

Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

article thumbnail

CFOs zero in on digital transformation

CFO Dive

Finance leaders are still prioritizing digital transformation even as they face economic headwinds.

article thumbnail

Companies face data privacy maze, skills gap

CFO Dive

CFOs could be under increased pressure this year to focus on privacy, as new state laws come into effect.

312
312
article thumbnail

SEC aims to set climate risk, cybersecurity rules before May

CFO Dive

The agency, laying out an ambitious agenda, aims in early 2023 to complete several new regulations, many of them focused on increasing disclosures for investors.

305
305
article thumbnail

Small business confidence hits post-pandemic high: U.S. Chamber

CFO Dive

The outlook among small businesses has brightened as economists upgrade forecasts for economic growth this year and in 2024.

article thumbnail

GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

article thumbnail

PCAOB chief slams auditors for 40% error rate

CFO Dive

The federal overseer of audit firms last year doubled the number of enforcement orders compared with 2021 and imposed record penalties.

Auditing 295
article thumbnail

AI linked to new crop of business email scams

CFO Dive

Businesses can no longer count on bad spelling and grammar to red-flag problem emails: Fraudsters are using AI to craft well-written email messages at scale.

294
294
article thumbnail

Gensler says SEC aims to avoid overreach on climate risk rule

CFO Dive

The SEC chief has come under fire for proposing that companies release data on the greenhouse gas emissions by their suppliers and customers.

290
290
article thumbnail

Remote work erodes productivity by 4%: NY Fed

CFO Dive

Employees who worked remotely before the pandemic continue to be 8% less productive than their peers who worked in the office before the onset of COVID-19, the New York Fed found in a case study.

292
292
article thumbnail

Cash Flow Secrets Every Upskilled CPA Should Know

Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

article thumbnail

Ransomware claims jump back up

CFO Dive

Ransomware claims filed by U.S. clients of insurance broker Marsh spiked 77% in the first quarter, following a downward trend in 2022.

291
291
article thumbnail

It’s time for ordinary CFO Barbie

CFO Dive

Even under its cheery pink and blue skies, the “Barbie” movie doesn’t let Mattel’s male-dominated C-suite hide behind the corporate curtain.

CFO 286
article thumbnail

Financial services’ AI appetite grows, study says

CFO Dive

Top uses for AI in the financial services sector include ‘next-best action’ systems; portfolio optimization; and fraud detection.

290
290
article thumbnail

Unlocking the ‘right’ combination to digital transformation

CFO Dive

Only 34% of large companies showed signs of being strategic about their technology investments in financial disclosures, according to a recent report from Deloitte.

article thumbnail

Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g