Thu.Sep 19, 2024

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Leading Change with Confidence – Strategies for Modern CFOs

CFO Talks

Leading Change with Confidence – Strategies for Modern CFOs Change is inevitable in today’s fast-paced business world. For modern CFOs in South Africa, successfully navigating change requires not just financial acumen but also the ability to lead with clarity and confidence. As companies face new challenges, such as digital transformation, regulatory shifts, or economic instability, executives must adopt effective strategies to stay ahead and guide their teams through transitions smoothly.

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CFOs must prep for AI-driven organizational, strategy shifts: Thomson Reuters

CFO Dive

Finance chiefs are “uniquely positioned” to take point on AI’s adoption ahead of its coming strategic impact, Thomson Reuters’ interim head of data and analytics said.

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Marty Zweig Trading Rules

Barry Ritholtz

Marty’s Zweig’s Trading rules 1) The trend is your friend; don’t fight the tape hard return; 2) Let profits run take losses quickly; 3) If you buy for a reason and that reason if discounted or is no longer valid then sell 4) if the values don’t make sense then don’t participate (2 + 2 = 4) 5) The cheap get cheaper the deer get deer; 6) Don’t fight the Fed (less valid than #1); 7) Every indicator eventually bites the dust; 8) Adapt to change; 9) Don’t let your

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FASB tees up GAAP codification cleanup for comment

CFO Dive

The codification, effectively the bible for generally accepted accounting principles, was last updated in 2020.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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10-year TIPS reopening auction gets a real yield of 1.592%

Tips Watch

By David Enna, Tipswatch.com Too often, the bond market tricks you. It happened again Thursday in the wake of Wednesday’s “sort-of surprise” action by the Federal Reserve to cut short-term interest rates by 50 basis points.

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Future Proof 2024: Wow!!

Barry Ritholtz

Now THAT’S a financial conference! If you are reading this on the 19th, I may be still asleep. I am writing this on my flight home, scheduled to land at midnight Wednesday; I was alcohol-free all week (ok, one Mexican lager Tuesday afternoon at my RWM-crew pool swim after the Animal Spirits Live !), and while I feel pretty good, its been a long week.

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CFOs shy away from risk amid hazy political outlook: Deloitte

CFO Dive

Bolstering the case for CFO caution, the Conference Board’s Leading Economic Index declined in August for the sixth consecutive month.

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Justice beyond courts: India Inc chooses arbitration over legal proceedings

CFO News

​According to various surveys by legal firms and consultancy firms, broadly, 70-80 percent of businesses prefer the arbitration process for dispute resolutions. CFOs, in-house councils and the management also vote for arbitration for resolution.

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Target names PepsiCo executive Jim Lee CFO

CFO Dive

He replaces Michael Fiddelke, who had served jointly as COO and CFO since February. Fiddelke will stay on as operations chief.

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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The Federal Reserve’s Rate Cut: Why Stability and Certainty Matters More Than Ever

E78 Partners

The Federal Reserve announced a 0.50% interest rate cut with the goal of strengthening economic activity in the current climate of uncertainty. This move, intended to make borrowing more affordable and encourage spending, has sent ripples through the financial markets. While this decision may temporarily ease some financial pressures for businesses, it’s important to recognize that such cuts are only part of the economic puzzle.

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Gross profit: Definition and gross profit equation

Cube Software

What is gross profit? Gross profit represents the amount a company retains after deducting the cost of goods sold (COGS) from its total revenue. It measures a company's financial health by showing how efficiently it sells goods or services.

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Key trends in asset management

Future CFO

Aoife Harrison (Partner and Global FSTP Co-Leader) and Caroline Goemaere (Partner, Transfer Pricing) discuss key trends in the asset management industry and what is top of mind for clients. First published on Youtube. The post Key trends in asset management appeared first on FutureCFO.

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A Modern Nonprofit Podcast: How Collaborative Funding Drives a Mission Forward

The Charity CFO

With a focus on the concept of collaborative funding, Tosha is joined today by the Executive Director of Young Futures , Katya Hancock. Young Futures is a 501c(3) organization with a mission to make it easier to grow up in the digital world. The organization focuses on young persons aged 10 -19, where they believe young people should still feel hopeful and optimistic about their futures.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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The importance of ethics in the accounting profession

Future CFO

As finance professionals navigate the ever-changing world of business, it is a given that they must deeply understand the importance of ethics in their profession. In an interview with Susan Muldowney from INTHEBLACK, Belinda Zohrab-McConnell , CPA Australia's regulation and standards lead, talks on understanding potential ethical issues. For Zohrab-McConnell, ethics are always important, but there should be a focus on it ebbs and flows depending on events, as recent tax leaks obviously brought

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The Federal Reserve’s Rate Cut: Why Stability and Certainty Matters More Than Ever

E78 Partners

The Federal Reserve announced a 0.50% interest rate cut with the goal of strengthening economic activity in the current climate of uncertainty. This move, intended to make borrowing more affordable and encourage spending, has sent ripples through the financial markets. While this decision may temporarily ease some financial pressures for businesses, it’s important to recognize that such cuts are only part of the economic puzzle.

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ED grills ex-CFO of Religare Enterprises in money laundering probe

CFO News

The ED had last week lodged an enforcement complaint information report to investigate an alleged money-laundering offence. The ED's case is based on an FIR registered with the Mumbai Police, where the central agency is the complainant.

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Food processing ministry to take up food industry's concern on GST with GST Council: Chirag Paswan

CFO News

The Centre held a consultation with over 100 senior executives of food companies to address issues related to ease of doing business, imports, GST rates, and misconceptions about processed foods. The meeting aimed to promote investment and enhance the food processing sector as part of World Food India 2024.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

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RBI lifts ban on IIFL

CFO News

The Reserve Bank of India has lifted restrictions on IIFL Finance's gold loan business, allowing the company to resume operations. The ban was initially imposed due to supervisory concerns, including deviations in gold purity assessment and breaches in loan-to-value ratio. The lifting of the ban is expected to help recover the company's gold loan book and improve profitability.

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You cannot have a system which gets hacked: FM Nirmala Sitharaman to banking sector

CFO News

Finance Minister Nirmala Sitharaman emphasized the crucial role of the banking sector in achieving India's goal of becoming a developed nation by 2047. Speaking at the Bank of Maharashtra's 90th Foundation Day, she highlighted the need for strong support to infrastructure, MSMEs, and digital banking while ensuring robust cybersecurity measures.

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There's a trap on India's road to high-income economy status

CFO News

The Modi govt aims to make India a developed country by 2047, addressing the middle-income trap as a key challenge. Niti Aayog emphasizes the need for a cohesive strategy involving investment, technology adoption, and innovation. Policymakers focus on free trade, global value chains, and infrastructure to boost economic growth.

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Adani Group set to acquire 46.64% stake in ITD Cementation India for Rs 5,888.57 crore

CFO News

The Adani Group is set to acquire a 46.64% stake in ITD Cementation India for Rs 5,888.57 crore to enhance its civil engineering capabilities. This acquisition will trigger an open offer for an additional 26% stake. A formal announcement is expected soon.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

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RBI may do what Fed has done with rates. But you need to wait

CFO News

Fed rate cut: The Reserve Bank of India may consider a rate cut by February 2025, following the US Federal Reserve's recent 50 basis points rate cut. Despite expected inflation spikes, India's CPI inflation is projected to remain within the RBI's target range. Favorable monsoon activity has positively impacted Kharif sowing, surpassing the five-year average.

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Fed rate cut positive, but may not have big impact on capital inflows: Top FinMin officials

CFO News

Economic affairs secretary Ajay Seth sought to delink the Fed rate cut from any potential action by the Reserve Bank of India (RBI). The Fed has done what it feels to be the best for the US economy and the RBI will be guided more by the domestic reality, Seth said. Separately, chief economic adviser V Anantha Nageswaran said at an event that much of the Fed action was factored in by investors and its impact on India could be more muted than on other emerging economies, as the domestic market has

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A&M India names Bharat Garg, Sameer Amte as Managing Directors

CFO News

Bharat Garg to lead Consumer and Retail Growth, Sameer Amte to strengthen Industrial Sector at A&M India.

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EY employee death: Govt investigates allegations of unsafe, exploitative work environment at audit firm

CFO News

EY employee death: The Labour Ministry has launched an investigation into allegations of an unsafe work environment at Ernst & Young following the death of a 26-year-old Chartered Accountant. EY expressed sadness over Anna Sebastian's passing and pledged to improve workplace conditions. Her family cited excessive workload as a contributing factor.

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Doing More With Less: The Modern Finance Miracle

Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.