Wed.May 10, 2023

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New York Times promotes strategy officer to CFO

CFO Dive

CFO Roland Caputo announced his retirement from the company back in December 2022. Now, the company is looking to another long-time employee to fill his shoes.

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What Is Intelligent ERP? Unlocking the Potential of AI

Navigator SAP

Artificial intelligence (AI) is undoubtedly transforming every sector of the global economy, providing enterprises with cutting-edge systems to automate their core business functions and processes. This technology has been incorporated into various software development projects including the development of enterprise resource planning (ERP) systems.

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Trending Sources

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Burying bad 8-K news raises red flags

CFO Dive

Researchers assert some companies “strategically” divert investor attention from negative SEC filings by issuing concurrent press releases on unrelated matters.

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J&K Bank’s FY23 results: Auditors raised flags and now regulators should act, says Amarjit Chopra

CFO News

A high level of compliance with various rules and regulations and sound governance practices are expected in state-run banks, particularly in view of huge public interest and appointment of directors by the government on their Boards, says the former ICAI President.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Barclays veteran named Tellurian CFO

CFO Dive

The appointment of investment banker Simon Oxley comes at a “pivotal time” for Tellurian, as the energy company looks to fund a proposed natural gas export facility in Louisiana, according to its CEO.

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More Trending

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Inflation eases yet persists at more than twice Fed target

CFO Dive

Core inflation, which excludes food and energy prices, remains high despite 10 consecutive increases in the federal funds rate since March 2022.

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E-invoices must for businesses with 5 crore turnover a year

CFO News

The move is aimed at further improving compliance and further plugging gaps in revenue collection. Currently, the threshold for business annual turnover above Rs 10 crore is required to issue e-invoicing.

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Future Proof 2023: First 50 Speakers Announcement Drop

The Reformed Broker

Our first big reveal of speakers, musical acts, media, and sponsors for @FutureProofAC 2023 IS HERE Get your ticket today and join us in Huntington Beach, CA on September 10th-13th Register here: [link] pic.twitter.com/rbQR2zAGDk — The Compound (@TheCompoundNews) May 10, 2023 Today we announced the first fifty speakers who will be appearing at Future Proof Festival 2023.

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ED's searches at corporates may tarnish business prospects, constrict funding access: Fitch

CFO News

Fitch Ratings said that Indian law-enforcement agencies' investigations could potentially damage a corporate's business reputation and constrict funding access, particularly when there is reduced market confidence, despite no wrongdoing being identified. This warning comes after the recent searches by the Enforcement Directorate at Manappuram Finance.

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Planning Your Restaurant's Path to Profitability

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.

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Instead Of Asking “Why”, Try “What Else” To Get Clients To Open Up About Goals

Nerd's Eye View

In meetings with current and prospective clients, asking follow-up questions can be a valuable tool for uncovering information about the client’s underlying values, goals, and motivations… and for deepening the personal connection that drives the advisor-client relationship. But while it’s one thing to know that it’s good to ask questions, it’s another thing to know which questions to ask to make the client feel comfortable enough to open up and discuss the personal

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NCLT admits Go First's plea for insolvency proceedings, appoints IRP

CFO News

The National Company Law Tribunal (NCLT) directed the IRP to keep Go First as a going concern and not to retrench any employee.

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Why You Should Stop Asking “Why” – And Ask “What Else” To Get Clients To Open Up About Goals

Nerd's Eye View

In meetings with current and prospective clients, asking follow-up questions can be a valuable tool for uncovering information about the client’s underlying values, goals, and motivations… and for deepening the personal connection that drives the advisor-client relationship. But while it’s one thing to know that it’s good to ask questions, it’s another thing to know which questions to ask to make the client feel comfortable enough to open up and discuss the personal

Finance 68
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U.S. inflation increased 0.4% in April, continuing a gradual downward trend

Tips Watch

By David Enna, Tipswatch.com Here’s a quick overview of today’s inflation report: The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in April on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today.

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How Automation is Driving Efficiency Through the Last Mile of Reporting

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

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10 Wednesday AM Reads

Barry Ritholtz

My mid-week morning train reads: • 26 Empire State Buildings Could Fit Into New York’s Empty Office Space. That’s a Sign. Unlike earlier eras of urban success, this time New York did not produce enough housing to keep up with demand. The cost of living skyrocketed. Compare New York with Houston, which remained affordable for ordinary Americans because it built aggressively.

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What-if analysis or why is it important for good financial planning software?

Spreadym

What-if analysis is a technique used in financial planning and decision-making business software to assess the potential outcomes of different scenarios or changes in variables. It involves evaluating the impact of various "what-if" situations on financial flows projections, business performance measures, or outcomes. In what-if module of FP&A software, you typically make hypothetical adjustments to one or more variables and observe the resulting changes in the overall financial picture.

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True impact of failed payments

Future CFO

The global economy runs on efficient cross-border account-to-account (A2A) payments, and yet the average global straight-through processing (STP) rate is as little as 26% according to LexisNexis® Risk Solutions recent study into the True Impact of Failed Payments. Deteriorating macroeconomic conditions and rising inflation pressures leave little room for payments failures, costly errors and operational delays.

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I-T dept raids Mankind Pharma premises in Delhi over tax evasion allegation

CFO News

The company is engaged in developing, manufacturing and marketing a diverse range of pharmaceutical formulations across various acute and chronic therapeutic areas, as well as several consumer healthcare products.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Risk culture has changed for the better: ACCA

Future CFO

Risk culture has changed for the better, said ACCA recently when releasing results of a survey. According to the accountancy body, 57% of respondents said risk culture has changed for the better since the pandemic. ACCA said it collaborated with The Association of Insurance and Risk Managers (Airmic) and the Professional Risk Managers’ International Association (PRMIA) in this study that gauges how risk and financial leaders are dealing with risk culture and to what extent they understand its ef

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ED searches Mumbai offices of Deloitte India, KPMG unit

CFO News

The ED searched the Mumbai offices of Deloitte Haskins & Sells (DHS), the Indian arm of Deloitte, and KPMG associate firm BSR & Co. DHS had rotated out as IFIN's auditor in fiscal 2018,while BSR resigned from the role in June 2019 after allegations of irregularities at the non-bank finance company came to light.

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The Ultimate Guide to Setting Up a Secure Data Room For Your Business

Financial Analyst Insider

For some people, setting up a data room might be challenging. In actuality, setting up data rooms for M&A deal makers is not that difficult The post The Ultimate Guide to Setting Up a Secure Data Room For Your Business appeared first on Financial Analyst Insider.

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ED raids premises of two former IL&FS auditors in money-laundering case

CFO News

ED conducted raids at the premises of BSR and Associates and Deloitte Haskins and Sells in connection with a money-laundering probe into the alleged financial irregularities at IL&FS. IL&FS filed for bankruptcy in 2018 with an aggregate debt burden of over Rs 91,000 crore. The senior management at IL&FS allegedly caused illegal personal gains at the expense of the company by falsifying accounts and boosting the balance sheet.

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Accounting Software and ERP Readiness Guide

In this white paper, we explore the factors to consider in deciding whether the time is right for your Company to consider a new ERP or accounting software, the total cost of ownership and plans necessary to make the potential leap to these systems.

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Jake Jessop Joins vcfo Denver Team as Senior People Operations/HR Consultant

VCFO

As the vcfo Denver team expands to meet the needs of our valued clients, Jake Jessop has joined as a Senior People Operations / HR Consultant. Jake Jessop is an innovative people operations professional with 10+ years of experience supporting high-growth teams and customizing HR solutions to boost performance, employee engagement, and profitability.

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Sebi moots higher threshold for investment in AIFs

CFO News

At present, an investor with an income or net worth below a certain threshold has to chip in at least ₹1 crore to invest in an AIF - the regulatory term for PE and VC funds. The entry level investment has remained unchanged since AIF rules were announced in 2012.

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FCF Recycling Services Market Study – 2023 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Recycling Services Market Study – 2023”. Based on available data from European recycling services companies, the FCF Recycling Services Market Study is a. Read more The post FCF Recycling Services Market Study – 2023 published appeared first on FCF Fox Corporate Finance GmbH.

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Google to rollout generative AI chatbot Bard in 180 countries, including India

CFO News

Bard, Google's conversational generative artificial intelligence chatbot is being rolled out in over 180 countries including India, the company announced on Thursday at the Google I/O, its annual developer conference held at the company's headquarters in Mountain View, California.

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.