Thu.Mar 13, 2025

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Financial Reports That Don’t Age Like Milk: The Power of Real-Time Data 

CFO Talks

Financial Reports That Dont Age Like Milk: The Power of Real-Time Data Imagine running a business where financial decisions feel like guessworkwaiting weeks for reports, struggling with outdated data, and constantly fearing human error. Now, picture the opposite: instant access to real-time financial insights, automated compliance checks, and AI-driven forecasts guiding your next move.

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Women unlikely to reach parity with men for 134 years: JPMorgan

CFO Dive

In C-suites worldwide, women are far from attaining equal status, holding only about 10% of the most powerful roles such as CEO and CFO.

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Trending Sources

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Talking How Not to Invest with Prof G

Barry Ritholtz

I have known Scott Galloway since way before his first book, The Four , came out in 2017. He had been on MiB prior, and it was my pleasure to intro it at NYU Stern when it first was published. As always, it was so much fun chatting with Scott on the Prof G podcast: Barry Ritholtz, the co-founder, chairman, and chief investment officer of Ritholtz Wealth Management and the host of the Masters in Business podcast, joins Scott to discuss his new book, How Not to Invest: The Ideas, Numbers, and Beha

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ROI can bridge CFO, CMO language gap: InMarket CEO

CFO Dive

Focusing the conversation around ROI can dissolve crucial language barriers between marketing and finance, InMarket CEO Todd Morris said.

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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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Is Your Nonprofit Ready for Increased Funding Scrutiny? Here’s How to Prepare

The Charity CFO

Is Your Nonprofit Ready for Increased Funding Scrutiny? Heres How to Prepare The financial landscape for nonprofits is shifting, and the pressure is mounting. With government funding and donor contributions facing heightened scrutiny, nonprofit leaders must ensure their financial systems are rock solid. Every dollar spent is under the microscope, and transparency is no longer optionalits essential.

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The Hidden Cost of Spreadsheets: How Accounting Errors Are Costing Businesses Billions

Lime Light

The True Cost of Spreadsheet Errors Spreadsheets have long been the foundation of financial planning and analysis (FP&A) for businesses. They are used for everything from budgeting and forecasting to tax reporting and financial close processes. However, their convenience comes at a price: errors, inefficiencies, and financial losses that cost businesses billions every year.

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Stablecoin gets AICPA guidance aimed at promoting ‘transparency’

CFO Dive

The new guidance aims to foster clearer and more comparable stablecoin issuer reports that help investors understand how the assets are being handled.

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Sebi expands scope of unpublished price sensitive information

CFO News

Sebi expands the scope of Unpublished Price Sensitive Information (UPSI) to include proposed fundraising activities, restructuring plans, and one-time bank settlements. Effective from June 10, Sebi's amended insider trading regulations aim to enhance regulatory clarity and compliance. New rules categorize various activities, including fraud or defaults, forensic audits, and regulatory actions, under UPSI to minimize litigation and appeals.

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Cigna promotes insider to CFO role in C-suite reshuffling

CFO Dive

Cigna promoted Brian Evanko to chief operating officer and named a new CFO in his place, while Eric Palmer will be leaving the company as an apparent victim of the restructuring.

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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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ICRA flags rising risks in unsecured securitised pools; collections of microfinance dropped to 90% in Q3 FY25

CFO News

The collection efficiency for unsecured asset classes like microfinance, personal loans, and unsecured SME loans has seen a decline in recent months due to economic slowdown and borrower overleveraging. In contrast, secured asset classes have maintained healthy performance. The recent RBI repo rate cut could ease cash flow burdens and support better collection efficiencies, especially for vehicle loan pools.

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Best Financial Close Software for 2025

The Finance Weekly

Lengthy month-end close leads to inefficiencies and delays. The manual processes only make it worse with errors, which increases compliance risks and makes financial planning and analysis (FP&A) teams scramble to meet deadlines. And if your current software lacks scalability, customization, or real-time visibility, you're stuck in a cycle of inefficiency.

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Puma to slash 500 jobs globally as part of a cost-reduction strategy

CFO News

Puma will cut 500 jobs globally, including 150 at its headquarters, as part of a cost-reduction strategy following weak sales forecasts for 2025. The company will also close select unprofitable stores while targeting an EBIT margin of 8.5% by 2027. Facing competition from Adidas, Nike, and emerging brands, Puma's restructuring highlights broader workforce shifts in the retail sector amid profitability pressures.

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Do Companies with FP&A Software Really Perform Better? [+Real Examples]

Lime Light

Real-world examples & research showing why companies using FP&A software consistently outperform competitorsbacked by data and expert insights.

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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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India set to become World's most sought-after consumer market: Morgan Stanley

CFO News

India is gaining a greater share in global output due to strong foundational factors such as robust population growth, a functioning democracy, macroeconomic stability, better infrastructure, a growing entrepreneurial class, and improved social outcomes.

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Wilbur Ross on Tariffs, Trump, and Navigating US Trade Policy: Part 1

Global Finance

Taking a break from promoting his new book, Risks and Returns, former US Secretary of Commerce Wilbur Rosswho served during President Trumps first termspoke with Global Finance about Trumps evolving trade policies, the expanded use of tariffs, and the shifting global landscape. Global Finance : Do you see a significant difference in how the second Trump administration approaches tariffs, compared to its first term, when you were Secretary of Commerce?

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Manufacturing boost with government support led to hiked IIP growth in January: Report

CFO News

Out of 23 manufacturing industries, 19 recorded positive momentum, an improvement from 16 in the previous month. Additionally, higher government spending in January provided further support to industrial growth, and the outlook remains favourable for meeting budget targets.

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BJP, Congress differ over tax audit roles in Income Tax Bill; FM assures review by select committee

CFO News

In the ongoing debate over the Income Tax Bill, 2025, BJPs Haryana CA Cell, led by Nitin Bansal, advocated for the exclusive role of CAs in tax audits, highlighting their specialized training and trustworthiness. On the other hand, Congress MP Deependra Singh Hooda pushed for the inclusion of Company Secretaries, citing their expertise in corporate governance and compliance.

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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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ICAI may review financial statements of IndusInd Bank amid accounting discrepancies

CFO News

ICAI may review the financial statements of IndusInd Bank following a discrepancy of Rs 2,100 crore in its derivatives portfolio. The Financial Reporting Review Board is expected to conduct the review to ensure compliance with various accounting and auditing standards. An external agency will finalize its report on the matter by early April.

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Unchanged global climate policies will cost India 19% and world 15% of GDP by 2050: Sabine Mauderer, Chair, NGFS

CFO News

India stands to gain significantly from the global shift to net zero emissions, but if climate policies fall short, economic and financial risks will rise. Central banks are discussing the impacts of climate change and its risks, emphasizing the need for ongoing analysis and action.

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Indian FMCG companies struggling with a shortage of salesmen amid growing gig economy

CFO News

Indian FMCG companies are facing a significant shortage of salesmen as the demand for "feet on the street" workers declines. Sales targets, extreme weather conditions, and competition from the growing gig economy are contributing factors.

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‘Gensol liquidity woes may last 90 days; paring BluSmart ties’

CFO News

Gensol Engineering's liquidity issues are being addressed as its connection with BluSmart is phased out. To stabilize finances, the company plans to raise Rs 600 crore and implement a stock split. A committee will investigate alleged document falsifications impacting its credit rating.

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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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TCS elevates Sudeep Kunnumal as CHRO designate

CFO News

TCS has appointed Sudeep Kunnumal as CHRO designate, replacing Milind Lakkad. With more than 25 years in HR, Kunnumal has held key roles at TCS since 2006. This marks the third major leadership change after CEO and COO transitions.

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Patanjali Ayurveda forays into insurance sector, acquires majority stake in Magma General Insurance

CFO News

Patanjali Ayurved, led by Yoga Guru Ramdev, and the Dharampal Satyapal Group (DS Group) will acquire Magma General Insurance from Sanoti Properties LLP for Rs 4,500 crore, marking Patanjali's entry into the general insurance sector.

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NSDC ties up with AIU for academic credential verification, skill integration in India

CFO News

The National Skill Development Corporation (NSDC) has partnered with the Association of Indian Universities (AIU) to integrate skill-based courses into higher education. This partnership will establish a tech-driven verification system for academic and skill qualifications and introduce a global academic equivalence platform to compare credentials.

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India's Jio Finance taps debt market with debut commercial paper issue before bond sale, bankers say

CFO News

India's Jio Finance, a wholly-owned unit of Jio Financial Services, has tapped the debt market with its maiden commercial paper (CP) issuance, ahead of its debut bond sale later this month, three merchant bankers said on Thursday.

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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.