FEI Weekly

July 12, 2019

The crypto trends that will disrupt accounting and the unique role of the fintech CFO.

4 Tips for a Better Board Meeting

Forbes

A short telephone call to each board member a week or so before the board meeting is a great way to build rapport and have one on one dialogue. At the meeting, at the top right of every page of the board package it should say “Information” or “Action” and at the bottom of each page it should have a conclusion or “Take away.” At least twice a year, include outside experts in your board meetings. Instead of a board dinner, bring in a meal and have an expert cover topics such as the future of your industry, technology changes impacting your business or corporate governance trends such as ESG or Activism.

The Unique Role of the Fintech CFO

Payments Source

To position a payment startup or fintech for success, the CFO has to play an active role in fundraising, and setting up projection plans, while overseeing budgeting and accounting, managing liquidity and making sure operations are intact. At times during a company's evolution, the CFO may even manage customer service, sales and marketing.

Job Seekers Care More About Company Culture Than Pay

Fortune

Glassdoor conducted a global survey of more than 5,000 adults to understand how employees and companies value a business’s mission and corporate culture. A majority of adults surveyed said they valued a company’s culture above salary in regard to job satisfaction and 70% of job seekers would not apply to a company unless it aligned with their own personal values.

The Crypto Trends That Will Disrupt Accounting

Accounting Today

Accountants must stay vigilant to keep up with the times, or they risk losing ground to a new generation of crypto-savvy competitors. Consider the following four trends in crypto accounting and how they will affect accounting: 1. Increased automation 2. AI accountants 3. Knowledge enrichment and 4. Updated regulatory standards.

The Most Statistically Sound Summer Reading List on the Internet

Quartz

In search of the season’s most-endorsed reads, Quartz analyzed every 2019 summer book list we could find, from Bill Gates to Bloomberg, Bustle, and Buzzfeed. The top book is 'City of Girls' by Elizabeth Gilbert, followed by Colson Whitehead's 'The Nickel Boys,' Ocean Vuong's 'On Earth We’re Briefly Gorgeous,' Lisa Tadde's 'Three Women' and Taffy Brodesser-Akner 'Fleishman Is in Trouble.'