article thumbnail

ASOS names second interim CFO amid turnaround plans

CFO Dive

Online fashion retailer ASOS swapped interim CFOs as it attempts to fend off economic headwinds and boost profitability.

Planning 238
article thumbnail

The CFO's Role in Preparing for Upcoming Economic Storms

Focus CFO

Businesses that have an embedded in-house Chief Financial Officer understand the pivotal role the CFO plays in proactively preparing the business for, and guiding it through, economic and market storms. While we are now mostly through that storm, new economic storm clouds are on the horizon. But that relief will be temporary.

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

Govt looks to change base year for major economic gauges to FY23, revamp of key datasets also being planned

CFO News

The base year provides a reference point for measuring changes in economic variables and comparing relative performances of indicators over time. For instance, real gross domestic product (GDP) growth is currently calculated with reference to FY12 prices.

article thumbnail

Why CFOs could unlock economic growth

CFO Talks

Apparently, President Modi came to each economic sector, analysed their economic contribution and set targets, and they’re all committed to these targets. We’ve invited about 80 CFOs, who were carefully selected… We want to get their buy-in. We want to move the focus of the CFO towards Africa. It was like a mantra.

article thumbnail

CFOs in Asia-Pacific optimistic on regional economic outlook, survey says

Future CFO

Chief financial officers in the Asia-Pacific across various sectors such as financial services, life sciences and health care, manufacturing, public sector, TMT, energy and resources, and consumer business are generally optimistic and neutral about the regional economic outlook.

article thumbnail

CFOs in Southeast Asia braces for global economic slowdown, Deloitte says

Future CFO

The SEA CFO Agenda 2023: Decoding the CFO’s trilemma report found that financial chiefs in the region are looking into the global economic slowdown as a major concern, with 80% of respondents marking it as their top external risk for the next 12 months.

article thumbnail

Interest rates and the Modern CFO

CFO Talks

Recently, the South African Reserve Bank’s decision to maintain interest rates has had significant implications not only for the economic landscape but also for the competencies demanded of today’s CFOs. The Reserve Bank decided to keep interest rates unchanged, opting for stability amidst ongoing economic turbulence.

CFO 52