Fri.Oct 13, 2023

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KPMG taps new vice chair of tax

CFO Dive

27-year KPMG alum Rema Serafi will become the first woman to serve as the firm’s vice chair of tax as it looks to craft strong, tech-forward tax offerings.

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Regulated Industries: Growing Food & Beverage Manufacturers Need ERP

Navigator SAP

When food and beverage firms are small, it is often possible to get away with idiosyncratic or inconsistent processes that have been home-grown. But as a food and beverage manufacturer scales up, quality control becomes more important and often required.

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How UiPath kept its finance team lean as it scaled up

CFO Dive

The goal is to increase team productivity through automation tools, but “doing more with less” might motivate some companies using the technology, CFO Ashim Gupta says.

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National Association of Realtors Is Imploding

Barry Ritholtz

My buddy Jonathan Miller does not hesitate to call out the weasels who represent those who work in his industry: NAR Proves That Trade Groups Aren’t Infallible With an appalling culture of secrecy maintained by wildly overpaid executives (I believe their CEO is paid close to $3 million per year), NAR seems to be imploding right now. These three prominent real estate firms are backing away from the management cesspool that has severely damaged the National Association of Realtors (NAR) brand.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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PCAOB says 42% of auditors botched quality reviews

CFO Dive

Since early 2022 the PCAOB has tightened standards, stepped up enforcement and intensified inspections of auditing firms.

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More Trending

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Weekend Reading For Financial Planners (October 14-15)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with a new study from Herbers & Company that provides insight into the financial planning services that consumers demand the most, and which services financial advisory firms offer the most often. The study also identified factors that separated firms experiencing the greatest organic growth from others, which include offering a comprehensive suite of services, having a higher 'close' ra

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The New Kings of Wall Street

The Reformed Broker

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Jan Van Eck, and Andrew Beer discuss the bond market, the national debt, private-credit, alts, managed futures, the Sam Bankman-Fried trial, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods! Listen here: Apple podcasts Spotify podcasts Google podcasts Everywhere else.

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Cash Flow Management: Key Steps

Spreadym

Cash flow management is the process of tracking, analyzing, and optimizing the flow of cash into and out of a business to ensure it has enough liquidity to meet its financial obligations and achieve its strategic goals. Effective cash flow management is crucial for the financial health and sustainability of a business. It involves several key components and strategies, including: Cash Flow Forecasting : Businesses need to project their future cash flows based on historical data, sales forecasts,

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India far from replacing China as global growth engine: HSBC

CFO News

HSBC Holdings has stated that India's recent economic gains are unlikely to surpass China as the main growth engine of the world economy in the near future. HSBC expects the gap between the two economies to widen, reaching $17.5 trillion by 2028. The bank highlights the difference in consumption and investment trends between the two countries. Although India is expected to contribute significantly to global demand for commodities, consumption, and capital goods, it will take another 18 years for

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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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What Are The 4 Components of Financial Health?

CFO Share

In the dynamic realm of startups and SMBs, understanding the pillars of financial health is paramount. These components aren’t just indicators of present stability—they forecast future success. Navigating the intricate financial waters requires a grasp on four essential pillars, each offering insights that can guide businesses toward sustainable growth.

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TCS takes action against 19 people for compromising its hiring process

CFO News

On being asked what clarity has emerged in the entire bribery case, Milind Lakkad, CHRO, TCS, said, “So the investigation is concluded and we have taken action against 19 people.

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Outsourcing Payroll: The Game-Changer for New York Businesses

Capital CFO LLC

Are you tired of spending countless hours managing payroll for your New York business? Do you wish there was a way to streamline this process and free up valuable time […] The post Outsourcing Payroll: The Game-Changer for New York Businesses appeared first on Capital CFO+.

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Travel boom, festive cheer open jobs in hospitality

CFO News

Some 70,000-80,000 jobs (a mix of permanent and temporary roles) are likely to be created as the festive pickup in demand also coincides with the Cricket World Cup, with matches being held in 10 different cities, according to an estimate by staffing company TeamLease.

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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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Studying culture before negotiating: a crucial guide for investment bankers, CEOs and business owners

One to One

Written by Simón R. Barth, Partner at ONEtoONE Corporate Finance Colombia. In the world of corporate finance, investment bankers regularly find themselves engaged in an international negotiation. These negotiations often involve intricate financial dealings, mergers, and Read More. The post Studying culture before negotiating: a crucial guide for investment bankers, CEOs and business owners appeared first on ONEtoONE Corporate Finance.

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Hospitality, BFSI, healthcare and immersive hiring for freshers saw upswing in September

CFO News

According to Naukri's JobSpeak index, hiring activity in September 2023 increased by 6% compared to the previous month, but decreased by 8.6% compared to the same period last year. The hospitality and travel sectors saw significant growth, driven by the monsoon season, festive season, and upcoming winter season.

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Ex-Trump CFO lied under oath, Forbes says

CFO Dive

The ex-finance chief perjured himself while testifying in the state of New York’s $250 million civil-fraud case against his former boss, Forbes alleged.

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India won't impose restrictions on laptop imports: Sunil Barthwal

CFO News

Trade Secretary Sunil Barthwal on Friday said that India will not impose restrictions on laptop imports. He said the government "only wants importers to be on close watch." The remarks from Barthwal came while he was addressing a press conference.

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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 Friday AM Reads

Barry Ritholtz

My Paraskevidekatriaphobia morning train WFH reads: • The Excitement, Danger, and Unknown of Small-Cap Investing’s Comeback : SouthernSun Asset Management has waited years for a market as promising as this one for its little-known stocks.( Institutional Investor ) • Vaults, Ducts, Kitchens: Everything Must Go When a Company Moves Out : As companies reduce their office footprint to accommodate remote work, they are turning to decommissioning teams to clear out furniture, fixtures and equipment. (

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RBI imposes monetary penalty on Union Bank of India, RBL Bank for non-compliance

CFO News

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers, central bank said.

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G20 greenlights multilateral development bank reforms, crypto rules

CFO News

They also adopted a road map for the regulation of crypto assets, marking significant progress on India's G20 agenda. " The G20 finance track saw key achievements in several areas of India's presidency year," said finance minister Nirmala Sitharaman on Friday, briefing reporters on the outcome of the fourth and last G20 FMCBG meeting under India's presidency.

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India's Adani says ministry starts probe related to its Mumbai airports

CFO News

India's corporate affairs ministry is investigating the accounts of Adani Enterprises' two airports in Mumbai. The ministry has requested information and documents for the financial years 2017-18 and 2021-22. Adani, which already owns and operates seven airports, including Mumbai's Chhatrapati Shivaji Maharaj International Airport, is facing multiple investigations following allegations of offshore tax havens, stock manipulation, and overpriced coal imports.

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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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Guidelines relaxed for naming IDBI Bank valuer

CFO News

ET had reported on September 7 that the government's request for proposal (RFP) to appoint an asset valuer for IDBI Bank had made it mandatory for valuers to be registered with the Insolvency and Bankruptcy Board of India (IBBI). It had also set a turnover threshold whereby the registered valuer entities should have posted annual turnover of ₹5 crore a year for three consecutive years to be eligible to apply for the assignment.

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GST led to revenue growth, formalisation of economy: EAC-PM

CFO News

The Goods and Services Tax (GST) regime in India has shown positive outcomes, including revenue growth, formalization of the economy, reduced tax rates, and a more unified market, according to Bibek Debroy, chairman of the Economic Advisory Council to the Prime Minister. GST revenue collections have increased significantly since its launch in 2017, and a proposal has been made to create a GST Rate Index to track tax rate movements.

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The Classic pivot: Charting ITC’s FMCG growth story

CFO News

ITC, the 113-year-old company known for its cigarette business, has successfully diversified its revenue streams and achieved leadership positions in various FMCG categories. Its consumer business, supported by strong brands and cash flows from the cigarette business, has grown significantly over the past two decades. Additionally, ITC's agri-business and digital initiatives have contributed to its growth.

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Four EV companies deposit ?129 cr with centre against pending funds

CFO News

This is part of the ₹312.42 crore in total refunds these companies need to make to electric two-wheeler (e2w) buyers following allegations of mispricing and wrongful claims of government subsidies.

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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.