CFO Dive

JULY 25, 2024

The former finance chief breached his fiduciary duty and caused “enormous financial devastation,” according to the complaint.

Nonprofit 294

Nonprofit CFO Finance 294

Global Finance

JULY 25, 2024

Oman is on course to become the first Gulf Cooperation Council (GCC) state to introduce a personal income tax as the sultanate ramps up efforts to boost revenue and diversify its economy away from hydrocarbons. The draft law, approved by Oman’s Parliament in July, has been sent to the State Council for final approval, a decision analysts say is highly anticipated.

Budgeting 119

Budgeting Economics Forecasting Planning 119

CFO Dive

JULY 25, 2024

CFOs should be ready for potentially tougher enforcement actions connected to pricing practices in the future, says Michael Keeley, an attorney with law firm Axinn.

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Global Finance

JULY 25, 2024

The Philippines is looking to Japan to partially finance its ballooning debt as Manila moves to strengthen ties between the two countries. The Department of Finance (DoF) says it is exploring issuing yen-denominated, or samurai bonds alongside or in place of conventional US-dollar bond issuance. Government debt has mushroomed in recent years, hitting 15.3 trillion pesos—around $264 billion in May—according to Bureau of the Treasury estimates.

Treasury 119

Treasury Finance Banking Securities 119

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

CFO Dive

JULY 25, 2024

Longtime company alum Jaime Martinez will step in as interim CFO as Flex looks to execute on a restructuring plan aimed at improving its operational efficiency.

CFO 267

CFO Restructuring Planning 267

CFO News

JULY 25, 2024

Finance Minister Nirmala Sitharaman's Budget 2024, as garnered widespread approval from CFOs for its focus on infrastructure, sustainability, MSMEs, inclusive growth, and the vision of Viksit Bharat.

Budgeting 85

Budgeting Finance 85

Nerd's Eye View

JULY 25, 2024

About a decade or so ago, one of the most pressing issues facing the financial advice industry was the threat of an imminent deluge of advisor retirements coupled with a paucity of succession plans to transition clients to the next generation. While that scenario has yet to materialize as initially feared, the fact remains that transitions do occur on a regular basis, often as older advisors either sell their practices in one fell swoop or gradually offload part of their book while still staying

Communication 67

Communication Planning Investments 67

CFO News

JULY 25, 2024

The Budget's CGST amendments aim to simplify compliance, enhance transparency, and foster a business-friendly environment, marking a significant refinement in India's GST framework, say tax experts.

Budgeting 81

Budgeting Compliance 81

Lime Light

JULY 25, 2024

As a CFO, VP of Finance, or Controller at a mid-sized company, you're no stranger to the challenges of financial planning and analysis (FP&A). You likely rely on spreadsheets to manage budgets, forecasts, and reporting. After all, they're readily available, familiar, and seemingly cost-effective.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Budgeting Forecasting 52

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Accounting

Future CFO

JULY 25, 2024

Cross-border instant payment market is expected to jump by 223% globally by 2028, resulting in a 29% share of all global instant payment transactions by 2028, according to a new study from Juniper Research. The change will be driven by the reduction in transaction friction, according to a press release, defining instant payments, or real-time payments, as any payment where funds can be received within 10 seconds.

Marketing 52

Marketing Leverage Forecasting Investments 52

CFO Plans

JULY 25, 2024

“`html SaaS Accounting Software for Manufacturing Businesses Maximizing Efficiency with SaaS Accounting Software for Manufacturing In today’s dynamic business landscape, manufacturing companies face a multitude of challenges in managing their financial operations efficiently. From navigating complex supply chains to adhering to evolving regulations, the demand for robust accounting solutions has never been higher.

Manufacturing 52

Manufacturing Accounting CFO Startups 52

Global Finance

JULY 25, 2024

Mark Monaco, head of Global Payments Solutions at Bank of America (BofA), explains the importance of payments, instant data and communication for effective treasury. Global Finance: Why bring Global Transaction Banking and Enterprise Payments together under the new name Global Payments Solutions? Mark Monaco: In July of last year, the bank combined GTB and EP, bringing all the payments activity within the bank under one roof.

Treasury 52

Treasury Analyzing Data Concentration Currencies 52

CFO Thought Leader

JULY 25, 2024

Inside The Mentoring Round, CFO Steve Vintz of Tenable shares key career insights, emphasizing his passion for growth companies and entrepreneurship. Early on, he realized the appeal of smaller, venture-backed companies over large corporations, leading him to a career focused on growth-oriented businesses. Vintz discusses a critical acquisition decision where he advocated against proceeding with a deal, highlighting the importance of discipline and listening to one’s intuition.

CFO 52

CFO Prioritization Accounting Firms Accounting 52

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Global Finance

JULY 25, 2024

FAB managing directors Gautam Dutta, head of GTB Cash Management Product Innovation, and Tariq Hoodbhoy, head of Treasury Advisory Services, explain how technology helps create an exceptional user experience. Global Finance: How are you improving the user experience utilizing application programming interfaces [APIs] and microservices architecture?

Treasury 52

Treasury Cash Management Leverage Banking 52

CFO News

JULY 25, 2024

India's GST structure is set to move towards three tax rate slabs, according to CBIC chairman Sanjay Kumar Agarwal. The GST Council will finalize the plan in its next meeting. Customs duty overhaul is also planned, aiming for simplification and fewer disputes. The online gaming sector’s GST contribution is growing.

Planning 40

Planning 40

Global Finance

JULY 25, 2024

Mark Monaco, head of Global Payments Solutions at Bank of America (BofA), explains the importance of payments, instant data and communication for effective treasury. Global Finance: Why bring Global Transaction Banking and Enterprise Payments together under the new name Global Payments Solutions? Mark Monaco: In July of last year, the bank combined GTB and EP, bringing all the payments activity within the bank under one roof.

Treasury 52

Treasury Analyzing Data Concentration Currencies 52

CFO News

JULY 25, 2024

The penalty confirmation was received on July 24, 2024. Escorts Kubota has expressed its intention to appeal against the order, citing the penalty as a result of an unintentional clerical mistake. The financial impact of this penalty is significant.

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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.

Accounting

Global Finance

JULY 25, 2024

FAB managing directors Gautam Dutta, head of GTB Cash Management Product Innovation, and Tariq Hoodbhoy, head of Treasury Advisory Services, explain how technology helps create an exceptional user experience. Global Finance: How are you improving the user experience utilizing application programming interfaces [APIs] and microservices architecture?

Treasury 52

Treasury Cash Management Leverage Banking 52

CFO News

JULY 25, 2024

LCR is a liquidity requirement for banks to maintain at all times a certain proportion of high-quality liquid assets (HQLA), including cash, reserves with central banks, and federal government bonds, which can easily be converted into cash.

Banking 40

Banking 40

CFO News

JULY 25, 2024

The GIFT-IFSCA is akin to the Hercules pillars serving as the gateway for India linking her to the global economy and the new hotspot for foreign investment. In furtherance of its efforts towards the challenging task of mobilizing climate finance (currently estimated to be USD 10 trillion) for achieving its net-zero goal by 2070, India seeks to establish Gift City as the global climate finance hub.

Finance 40

Finance Investments 40

CFO News

JULY 25, 2024

Finance Minister Nirmala Sitharaman in an interview with ET has emphasized that banks must refocus on their primary roles of mobilizing deposits and providing loans, especially amid concerns about slowing deposit growth. Sitharaman reiterated the need for banks to prioritize their core functions—mobilizing deposits and lending—while still being free to pursue other activities.

Banking 40

Banking Prioritization Finance 40

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.

Finance