Mobico CFO steps down following delayed financial results
CFO Dive
APRIL 22, 2024
The public transport company appointed an interim CFO after reporting a 36% drop in profit, impacted by inflationary pressures and labor shortages in key markets.
CFO Dive
APRIL 22, 2024
The public transport company appointed an interim CFO after reporting a 36% drop in profit, impacted by inflationary pressures and labor shortages in key markets.
Future CFO
APRIL 22, 2024
The evolution of the finance function over the past few years has been anything but apparent, with the whole advent of digitalisation within the team and the non-stop shifts in the market. Source: Gartner 10 digital must-do for CFOs With the new advancements in technology that are coming in left and right, finance leaders and teams are expected to face challenges in talent, what with all the requisites of attraction, acquisition, and retraining.
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Barry Ritholtz
APRIL 20, 2024
The weekend is here! Pour yourself a mug of coffee, grab a seat by the fire, and get ready for our longer-form weekend reads: • He Loves Speed, Hates Bureaucracy and Told Ferrari: Go Faster : A tech executive with a new management strategy took the wheel of the luxury carmaker. Then it was off to the races. ( Wall Street Journal ) • Boeing’s problems were as bad as you thought : Experts and whistleblowers testified before Congress today.
Nerd's Eye View
APRIL 22, 2024
Broadly speaking, there are 2 models of working as a financial advisor: operating independently as a firm owner or with a large affiliate platform such as a wirehouse broker-dealer, independent broker-dealer, or larger corporate RIA. Deciding which model to work under is a key moment in beginning or evolving a career as an advisor. In the independent model, owners/advisors are generally paid directly by the clients they serve, and they select and pay for the vendors, services, and employees that
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CFO Dive
APRIL 22, 2024
The former CEO of HeadSpin — ordered to pay a $1 million fine — faces a July hearing focused on compensating bilked investors.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
CFO News
APRIL 22, 2024
Indian firms prioritize ESG reporting, with 51 per cent disclosing Scope 3 emissions. Key findings include 89 per cent disclosing leadership indicators and 31 per cent revealing net-zero targets, as per the PwC India report.
Barry Ritholtz
APRIL 21, 2024
Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • ‘Water is more valuable than oil’: the corporation cashing in on America’s drought : In an unprecedented deal, a private company purchased land in a tiny Arizona town – and sold its water rights to a suburb 200 miles away. Local residents fear the agreement has ‘opened Pandora’s box.’ ( The Guardian ) • Why don’t rich people eat anymore?
CFO Dive
APRIL 23, 2024
The court’s decision in Macquarie Infrastructure Corp. v. Moab Partners makes it harder for plaintiffs to bring claims based on omissions in SEC filings.
The Charity CFO
APRIL 23, 2024
On today’s episode of A Modern Nonprofit Podcast, we have the Executive Director of Only Make Believe, Tamela Aldridge. Only Make Believe (OMB) is a 501c3 organization that creates interactive theater environments for children in hospital, special education, and care facility settings. When talking with Tamela, we hear a powerful message from her leadership experience within the organization and when it comes to serving others.
Speaker: James Kahler, COO of Full Course
Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.
CFO News
APRIL 21, 2024
From annual submission form GSTR-4to verification and reconciliation of credit and cash balances on the GST portal, finance personnel need to cater to several GST related compliance during this fiscal.
Future CFO
APRIL 22, 2024
Finance roles have long been evolving to keep up with the requisites imposed by the business world, be it regulatory or in terms of market shifts. The Association of Chartered Certified Accountants identified five ways for professional accountants to make a positive impact in tackling issues such as climate change, social inequality, and a widespread lack of trust.
CFO Dive
APRIL 23, 2024
The companies’ growth in earnings per share is projected to drop to 15.5% by the first quarter of 2025, from an estimated 42.2% for the same period in Q1 2024.
The Charity CFO
APRIL 22, 2024
The term burnout is more than a buzzword. In many nonprofits, burnout is the emotional, physical, and mental exhaustion of employees due to prolonged stress. The impact of this goes beyond individual well-being and can affect your organization’s effectiveness and ability to advance your mission. Keep reading to learn how burnout can happen and get tips for implementing a burnout prevention strategy for your organization.
Speaker: Jamie Eagan
As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of
CFO News
APRIL 22, 2024
In their insightful analysis, Vipul Arora, Partner at ESG Solutions, and Jayachandre Gowda, Associate Consultant in ESG and Climate Solutions, explore how even the most mature ESG strategy can backfire if not integrated correctly into the core of a business.
CFO Thought Leader
APRIL 22, 2024
A little more than 15 years ago, Hilary Norris had landed her “dream job” at a tech company in sunny California—a perfect alignment of her professional goals and personal life. However, the idyllic scenario was disrupted when the company was acquired, a common turning point that often spells uncertainty for existing executives. Facing a potential career setback and indeed initially marked for replacement, Norris was eventually asked to stay on to lead the finance operations of the co
CFO Dive
APRIL 23, 2024
Vikram Luthar — who was placed on a forced leave in January — will assist the company and be paid his base salary until his resignation is effective on Sept. 30.
Future CFO
APRIL 21, 2024
As it turns out, compliance culture is not the best way to address the most common situation leading to noncompliance, according to a study by Gartner, Inc. This particular concern must be tackled by financial leaders as the technological research and consulting firm points out that most compliance leaders tend to focus on building an ethical culture in their organisations to boost employee behaviour , but it has a limited impact on addressing uncertainty about how to be compliant.
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CFO News
APRIL 22, 2024
Net profit attributable to the company, India's biggest by value, retreated marginally to Rs 18,951 crore. Analysts expected the country's biggest refiner, telco and retailer to report a bottom-line just shy of Rs 18,000 crore, translating into a decline in excess of 5%.
The Finance Weekly
APRIL 21, 2024
What could go wrong if your Chief Financial Officer (CFO) is not effective in their job? They could steer your company towards poor financial decisions, like risky investments, inaccurate budgeting, or insufficient cost control. Their absence of a clear financial strategy might also jeopardize the business, hindering the attainment of long-term growth and profitability objectives.
CFO Dive
APRIL 23, 2024
Economists have marked down their estimates for the number of quarter-point cuts to the federal funds rate from as many as six to one or two.
Future CFO
APRIL 21, 2024
Editor’s note: Raymond Ngan (pictured), Area Vice President Asia – Sales, Coupa shared with FutureCFO audiences his work day and how he switched from a consulting role to a sales one in his career journey. FutureCFO: What does a typical day look like for you? Raymond Ngan (RN): My day starts with my morning routine—getting my morning walk and some stretching done.
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CFO News
APRIL 22, 2024
Australia's Macquarie Asset Management plans to invest $1.5 billion in India's electric vehicle sector through its new platform Vertelo, offering fleet electrification solutions. The platform, backed by the Green Climate Fund, aims to reduce greenhouse gas emissions by 9.5 metric tonnes. Vertelo has already secured agreements with companies like Chalo Mobility, JBM, Eka Mobility, and Tata Motors to supply electric vehicles and develop charging infrastructure.
Reval
APRIL 22, 2024
ION Corporates – Bond Launch The post ION Corporates – Bond Launch appeared first on ION.
CFO Dive
APRIL 23, 2024
The rise of AI in the accounting space could bolster the need for core financial skills and expertise, EY’s Daren Campbell says.
Nerd's Eye View
APRIL 23, 2024
Welcome everyone! Welcome to the 382nd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Tyson Ray. Tyson is the CEO of FORM Wealth Advisors, a hybrid advisory firm based in Lake Geneva, Wisconsin, that oversees approximately $900 million in assets under management for just over 800 client households. What's unique about Tyson, though, is how he has developed a planning process he calls their "Total Relationship" approach, which puts an emphasis on determining a c
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