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Private firms, not-for-profits reckon with CECL

CFO Dive

Many not-for-profits and private companies are just beginning to grapple with the new rules for current expected credit loss accounting.

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From Red to Black: CFO Strategies That Drive Organisational Turnarounds 

CFO Talks

From Red to Black: CFO Strategies That Drive Organisational Turnarounds   When an organisation faces financial distress, the Chief Financial Officer becomes a pivotal figure in determining whether the business continues to decline or begins the path to recovery. The CFO must recognise when the operating model itself is part of the problem.

CFO 52
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Credit Suisse reportedly pulls C-suite, banker bonuses

CFO Dive

The Swiss bank is aiming to incentivize executives with long-term awards as it attempts to return to profitability. It reported its second consecutive annual net loss.

Banking 301
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1099: Turning Back‑of‑House Data into Front‑of‑House Wins | Emma Whelan, CFO, MarginEdge

CFO Thought Leader

When a restaurants weekly salmon order suddenly spikes in price, EmmaWhelan wants chefs adjusting menus the next morningnot tallying losses a month later. CFOTL: Youve just joined MarginEdge as CFO. The system will alert them if the price of salmon (has) gone up unexpectedly, she tells us, describing MarginEdges realtime cost engine.

CFO 52
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1097: The Mutual Advantage in a Cyclical Market | Kevin Ingram, CFO, FM

CFO Thought Leader

That discipline took shape after the 201718 catastrophe losses, when Ingram led a rigorous reunderwriting that bolstered profitability and reserves. Drawing on decades of loss data and hundreds of engineercaptured risk points, his team now deploys AI models to rank mitigation projects for FMs 1,600 core policyholders.

CFO 52
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The Future of Finance and Sustainability with Elizabeth Burns

CFO Talks

Elizabeth Burns, CFO of Gas du Cameroon (GDC), exemplifies this balance, demonstrating how strategic financial leadership can support environmental responsibility. Similarly, Pieter De Jager, CFO of Tanga Cement, pointed to the complexity of transitioning to renewable energy sources. Elizabeth, thank you so much for joining us.

Finance 98
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IndusInd Bank’s ‘2.35% hit to net worth’ claim misleading; CFO, auditors failed in oversight, says Amarjit Chopra

CFO News

If profits are overstated due to unreported losses, the entire financial picture is distorted, cant just look at the net worth, stated former ICAI President Amarjit Chopra.