What are Liquidated Damages? Liquidated damages are specific sums of money or consideration contractually agreed upon by parties to a contract. Basically, if a contract is breached by one party, liquidated damages are owed to the other, injured party (or parties) to the contract. What is the Purpose of Liquidated Damages? The main purpose of…
Accounting for Convertible Debt Instruments A convertible bond is a type of debt security that gives an investor the right to exchange the bond for a predetermined number of shares in the issuing company, at certain times over the bond’s lifetime. It is a hybrid security that possesses features of both debt and equity. Because…
The Value of Psychological Safety Careers in banking and finance are renowned for being high-pressure and intense, with a focus on competitive edge, profits, and growth. While these aspects are undeniably important, economic uncertainties, technological advancements, and new ways of working require business leaders to prepare their workforce for rapid change. These broad trends mean…
With the recent news that Minnesota is dropping the college degree requirement for state jobs, I was again reminded of the growing trend to favor skills over degrees. The focus on skills over degrees continues to be one of the approaches to hiring and workforce development that I’m most excited about, particularly in the fast-growth…
Globally, the fintech market is worth over $200 billion, and the demand for skilled individuals in the fintech industry is rapidly expanding. The world of finance has undergone a remarkable transformation in recent years, largely due to the emergence of the fintech industry. Fintech, short for financial technology, represents a fusion of finance and technology—revolutionizing…
November 3, 2023 – Thrive Career Wellness and Corporate Finance Institute (CFI) Partner to Empower Finance Professionals in the AI-enabled era. Thrive Career Wellness, a leading holistic career development solutions provider, is proud to announce a strategic partnership with Corporate Finance Institute (CFI), the foremost online finance education platform trusted by over 2 million professionals…
Private Placement Investing Made Simple In the world of corporate finance, an essential strategy known as private placement investing plays a central role in helping businesses secure the funding they need while also offering exclusive investment opportunities to a select number of accredited investors. This article examines private placement in corporate investment, its essential components,…
Download CFI’s Free Financial Ratios Definitive Guide The complete resource for designing and building robust, world-class financial models Your Go-To Resource for Financial Ratios CFI’s Financial Ratios Definitive Guide provides a focused look at 30+ of the most essential financial ratios that a Financial Analyst uses to analyze a business. Within its pages, finance professionals…
Redefining Finance Training For Teams Finance teams are under constant pressure to deliver. But as technical demands grow and business priorities shift, skill gaps have a way of quietly accumulating. What starts as a training backlog can become a ceiling on what your finance function is able to achieve. The right online learning solution can…
With banking and finance workforces becoming more distributed and hybrid work rapidly becoming the norm, Learning and Development professionals are feeling the pressure to adapt. How do L&D programs need to evolve—and how can you best set both remote and in-office employees up for success? Hosted as a live webinar, you’re invited to join CFI…
