Wed.Nov 20, 2024

article thumbnail

When Does a Business Need a CFO?

CFO Selections

There is no one better positioned to create sustainable financial success inside a business than the CFO. A CFO takes their financial expertise and channels it into a strategic leadership role to create financial success for the company and its stakeholders. As such, their responsibilities include: budgeting and forecasting, managing mergers or acquisitions, and handling compliance issues.

CFO 105
article thumbnail

Why AI alone won’t solve biased underwriting

CFO Dive

Combining AI advances with thoughtful, human-powered selection of risk data that benefit the members of underserved communities is the winning strategy for fairer underwriting, Jin Han writes.

273
273
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

Cross-Listed Companies, Navigating International Reporting Standards 

CFO Talks

Cross-Listed Companies, Navigating International Reporting Standards You are running a business that’s performing well in South Africa. The next logical step might be to take your company to international markets by listing on a foreign stock exchange. Cross-listing opens doors to new opportunities—global investors, more capital, and enhanced brand recognition.

IFRS 98
article thumbnail

Walmart CFO keeps eye on prices, tariffs

CFO Dive

Walmart is looking to continue to attract high-income consumers with the right price mix, even as CFO John Rainey anticipates price hikes in the face of potential tariffs.

CFO 261
article thumbnail

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

article thumbnail

Members’ Spotlight: Charles Westermeyer

CFO Talks

Members’ Spotlight: Charles Westermeyer In this edition of CFO Club Africa’s Members Spotlight, we are introducing Charles Westermeyer , a seasoned financial professional and the current Director of Bluline Accounting Tax Assurance (Pty) Ltd , where he has been making a significant impact since 2016. With his credentials as a Business Accountant in Practice BAP (SA) and a Licensed Independent Reviewer with CIBA , Charles is known for blending technical expertise with strategic foresight.

CFO 52

More Trending

article thumbnail

India's auto parts industry poised to cross $80 bn revenue in 2024-25

CFO News

The revenue of India's automotive components industry is expected to cross $80.1 billion in FY2025 while exports have already touched $21.2 billion, according to B2B risk management consultancy Rubix Data Sciences.

article thumbnail

Seeking Best Execution: Understanding The SEC’s Expectations For Advisors To Deliver Best Outcomes For Clients

Nerd's Eye View

Investment advisers are fiduciaries that owe a duty of care and loyalty to their clients. One component of this duty of care is an obligation to seek best execution of client securities transactions. While this requirement might sound relatively straightforward, the lack of a single definition for what this duty actually requires can make it challenging for advisers seeking to understand precisely what it means to comply with this responsibility.

article thumbnail

Wockhardt chairman seeks GST exemption for antibiotics discovered in India

CFO News

Wockhardt founder sought GST exemption for antibiotics discovered in India. He said this will make the drugs more affordable. The statement was made at an event to celebrate the scientific completion of the first indigenously developed antibiotic Nafithromycin. Nafithromycin is the first macrolide antibiotic in 30 years for community-acquired bacterial pneumonia.

75
article thumbnail

Microsoft Fabric October Update: Smarter Copilot Power BI Reports and GitHub Real-Time Dashboards

Collectiv

Welcome back to a brand new episode of Fabric Threads, where we’re diving into the latest updates to Microsoft Fabric and how they can help you overcome some of the most pressing everyday business challenges. I follow a lot of the Fabric development team on LinkedIn, so I’ve been seeing some of the buzz about new features throughout the last month. I couldn’t wait to share some of the great features they’ve been posting about this month.

article thumbnail

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.

article thumbnail

Biometric authentication to begin at 46 GST service centres to check registration fraud

CFO News

Experts said unscrupulous taxpayers exploit the online system to generate GST registrations and engage in fraudulent transactions, but biometric-based Aadhaar authentication is perceived as maintaining vigilance on such spurious registrations. In MP, of the total five GST service centres will be operated by the CGST at Indore, Ujjain, Bhopal, Jabalpur, and Gwalior, whilst other centres will be managed by SGST.

75
article thumbnail

Confessions from Nonprofit Leaders: Struggles, Setbacks, and Survival Stories

The Charity CFO

Welcome to the 100th episode of A Modern Nonprofit Podcast! Today, we’re doing something special: we’ll be diving into the confessions and candid struggles of nonprofit leaders, exploring some of the most difficult, eye-opening, and surprising challenges they face. In this special 100th episode of A Modern Nonprofit Podcast, host Tosha Anderson is joined by Aaron Landis to discuss common challenges faced by nonprofit leaders.

article thumbnail

The future CFO will have to play transformational role; faces challenge of managing activist investors, says Shiv Shivakumar

CFO News

At ETCFO NextGen Summit, the former India head of Nokia and PepsiCo said that 2025 priorities for CFOs are leading transformation efforts, improving finance function strategy, finance metrics, lead change and optimising costs.

CFO 45
article thumbnail

How ‘Flat’ Is The World? DHL Global Tracker Offers Answers  

Global Finance

A new interactive tracker provides more timely, and surprising, answers about trade ‘connectedness’ around the world. Is globalization reversing? Will US tariffs derail global trade? Is the world splintering into geopolitical trade blocs? Answers to these questions will now come faster—if not in real time, then at least quarterly—due to the new DHL Global Connectedness Tracker.

Finance 111
article thumbnail

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.

article thumbnail

Why MSMEs should prioritise cybersecurity, financial stability, employee management

CFO News

There is an urgent need for the MSMEs to invest and train their employees in these areas to survive a major disruption.

article thumbnail

Trump win, interest rate cuts could spur M&A spike next year: EY

CFO Dive

Dealmakers are “energized” by the prospect of less regulation in the coming Trump administration as well as continued interest rate cuts, said EY’s Mitch Berlin.

225
225
article thumbnail

Majority healthcare job postings seek women professionals: Report

CFO News

India's healthcare sector is witnessing a surge in demand for women professionals. Government spending and private sector expansion are driving this growth. Apna.co, a job platform, reports 60% of healthcare jobs target women. Demand is high for roles like nurses, pharmacists, and technicians. This trend is observed in both major cities and smaller towns.

article thumbnail

Preparing for Tariffs: 4 Proactive Strategies for Small Businesses 

CFO Share

As the Trump Administration’s tariff plans approach reality, you may worry about their impact on your small business. Planning ahead can mitigate tariff risks, maintain profitability, help you sleep better at night, and position your business for long-term success in a changing economic environment. Below, we discuss four key strategies to help small businesses navigate this transition effectively.

article thumbnail

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.

article thumbnail

NextGen CFOs must embrace tech, drive strategy, and lead change, Say finance leaders

CFO News

At the ETCFO NextGen summit, finance honchos said CFOs need to be agile, collaborative, and technologically adept, positioning themselves as strategic partners in navigating the future of business.

Finance 40
article thumbnail

Indian exports not adversely impacted by rupee exchange rate policy, cenbank says

CFO News

Reserve Bank Of India: INDIA-CENBANK/RUPEE (PIX)Indian exports not adversely impacted by rupee exchange rate policy, cenbank says

Banking 40
article thumbnail

Nvidia's AI chip demand still booming but slowing sales growth worries investors

CFO News

Still a stunning rate of growth thanks to huge demand for the company's chips that make up the brains of complex generative AI systems, it marks a clear slowdown from previous quarters when Nvidia mostly posted sales that at least doubled.

Sales 40
article thumbnail

Growth Projections: How ICRA, Morgan Stanley, and Moody’s see the road ahead?

CFO News

ICRA projects a dip to 6.5% in Q2 FY25 due to weak margins and heavy rains but expects 7% growth for the year. Morgan Stanley recently revised its FY25 forecast to 6.7%, citing slow Q2 data. Moody’s pegs CY2024 growth at 7.2%.

article thumbnail

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.

article thumbnail

Gautam Adani indicted in US over role in alleged bribery, fraud

CFO News

Primarily, the charges are: "Conspiracy to commit securities and wire fraud, as well as substantive securities fraud, for their roles in a multi-billion-dollar scheme to obtain funds from US investors and global financial institutions through false and misleading statements"

article thumbnail

NCLT grants approval to Mahindra Homes’ share capital reduction plan

CFO News

Mahindra Homes, a joint venture between Mahindra Lifespace Developers and Actis, has received approval from the National Company Law Tribunal (NCLT) for its capital reduction proposal. The move, which involves canceling certain equity shares, will optimize capital allocation without impacting ongoing projects or homebuyer interests.

article thumbnail

Emaar India to invest Rs 1,000 cr on new housing project in Gurugram; eyes Rs 2,500 cr revenue

CFO News

He said the company will develop 522 apartments in this 6.2-acre project, with a development potential of 15 lakh square feet.

article thumbnail

IBBI proposes amendments to liquidation regulations

CFO News

The Insolvency Bankruptcy Board of India has released a discussion paper proposing changes to the liquidation process regulations. The proposed amendments aim to enhance transparency, streamline the auction framework, and clarify procedures for closing liquidation processes. The board is seeking public comment on the proposed changes until December 9, 2024.

40
article thumbnail

Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.