Wed.Jan 17, 2024

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FedEx CEO eyes Red Sea crisis, rising ocean rates

CFO Dive

With ocean shipping rates spiking amid attacks by Houthi rebels, FedEx says it’s closely watching the situation.

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The Impact of Artificial Intelligence on Finance: Revolutionizing the Financial Industry

CFO News

Joydeep Mookerjee, Group CFO of Techno India Group, explores the transformative impact of Artificial Intelligence in finance. From automating tasks to enhancing risk management, AI revolutionizes financial operations.

Finance 116
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Trending Sources

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Retail sales exceed forecasts, highlighting steady consumer-fueled growth

CFO Dive

Robust retail sales defy predictions that trends such as declining savings and a cooling labor market will inhibit consumer spending.

Sales 267
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PodChats for FutureCFO: The role of finance in driving strategic imperatives in 2024

Future CFO

Business strategizing for the new year may seem all but simple, with fragmentation, uncertainty, and volatility as constants in a world that shifts here and there across all sectors. The finance function in organisations has been proven to not be spared from such changes, as it evolves to cater to the requirements imposed by the current market situation.

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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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Modern finance team makeovers: Controllers

CFO Dive

As finance departments undergo seismic tech-driven changes, controllers are poised to play a crucial role as the CFOs’ right hand.

Finance 229

More Trending

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Disney rejects ex-CFO Rasulo, Peltz as board nominees

CFO Dive

Disney’s board resisted pressure for a shakeup, nominating a slate of 12 nominees comprised mostly of existing directors.

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Proficiency in generative AI will be most sought-after job skill in next 10 years: Survey

CFO News

The report titled “Talent Acquisition Insights”, for which 1,500 people in India across more than 20 industries were surveyed, says attracting top talent was the biggest hiring challenge last year, with almost four in 10 companies still finding it difficult to hire the best talent. The responses were part of a larger global survey of over 7,500 participants across 48 countries.

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Cigna CFO takes on expanded role as head of benefits division

CFO Dive

Brian Evanko will serve as president and CEO of the Cigna Healthcare insurance division in addition to his position as chief financial officer.

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ABG Shipyard case: EY Partner, 21 top bank officials among ED witnesses

CFO News

EY had carried out a forensic audit of ABG Shipyard on the instructions of a consortium of 28 banks, which had alleged diversion of funds that they had lent to the Gujarat-based shipbuilder.

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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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Corporate credit trends to diverge by region, credit quality in 2024

Future CFO

Corporate credit trends would diverge by region though global credit metrics are generally expected to be stable to improving this year, even with sharply lower economic growth, with most issuers’ leverage expected to be negative rating sensitivity, said Fitch Ratings recently. The credit rating agency expects revenue, margin and leverage trends to differ across regions and default rates among lower-quality, speculative-grade issuers to rise due to deteriorating economic conditions and the pres

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NFRA plans to engage with audit panels of big companies to curb frauds

CFO News

The National Financial Reporting Authority (NFRA) is planning to directly engage audit committees of large listed companies to sensitise them about accounting standards and their role, a first-of-its kind regulatory outreach to curb corporate frauds, people aware of the watchdog's thinking told ET.

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Investment Funds: The Benefits of Outsourcing Your Firm’s Finance Team vs Hiring In-House

E78 Partners

Investment funds and their challenges Investment funds often face numerous challenges in their initial stages, particularly operational challenges and building in-house finance teams. The owner, CEO, or General Partner is usually a trader/investor themselves, not a CFO, and is looking for help to manage finances and trading. Building a competent finance team is a critical aspect of a successful investment firm, but assembling such a team is both time-consuming and expensive.

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Bharti Enterprises Chairman Sunil Mittal says Vodafone Idea is 'non-existent' in India

CFO News

In an interview with Sruthijith KK on the sidelines of the World Economic Forum Annual Meeting in Davos, Bharti Enterprises chairman Sunil Mittal said ARPU (average revenue per user) needs to increase as 5G has been a huge load on telcos without any revenue coming through.

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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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Why you should run what-if scenarios

Centage

If you think that once you’ve forecast your budget for the year , you’re all set — forecast again. The annual budgeting process is arguably the most important function of the finance office, but all too often businesses fail to compare their forecasts to actuals throughout the year, meaning they don’t regularly adjust their forecasts as conditions on the ground change.

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Adani Group of companies to invest Rs 12,400 crore in Telangana; signs MoUs with Govt of Telangana

CFO News

Adani Group will invest Rs 12,400 crore in Telangana, including Rs 5,000 crore in a 100 MW data center powered by renewable energy. Adani Green Energy will invest over Rs 5,000 crore in two pump storage projects, Ambuja Cements will invest Rs 1,400 crore in a cement plant, and Adani Defence Systems will invest over Rs 1,000 crore in a comprehensive ecosystem for defense capabilities.

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ATM: What Investors Really Want

Barry Ritholtz

 At The Money: Meir Statman on What Investors Really Want , (January 17, 2024) What do investors really want? Long-term capital appreciation and income are the obvious answers. But, it turns out, they actually want a lot more than that. I speak with Professor Meir Statman of Santa Clara University — he is an award-winning expert on investor behavior and financial decision-making.

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RBI Governor Shaktikanta Das foresees robust 7% economic growth in FY25

CFO News

RBI Governor Shaktikanta Das, who was speaking at an event at Davos organised by the Confederation of Indian Industry on the occasion of the annual meeting of World Economic Forum, has also used the global stage to make a case for central banks' intervention to reduce exchange rate volatility especially in emerging markets.

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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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Designing “Custom GPTs” With Advanced ChatGPT Features To Enhance Advisor Capabilities With AI

Nerd's Eye View

In late 2022, OpenAI launched ChatGPT, an Artificial Intelligence (AI) driven, natural-language processing tool that offered the public the ability to conduct seemingly human conversations with a chatbot and generate a seemingly endless array of sophisticated content, including essays, emails, computer code, meal plans, fictional stories, and song lyrics, to name just a few.

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Deductions that must be added in new tax regime to make it attractive in interim Budget 2024: Experts

CFO News

Deductions under new tax regime: The interim budget by the Modi government is around the corner. Many salaried individuals are hoping for some tax relief in the Budget 2024. The government is trying to make taxpayers choose new tax regime instead of old tax regime. However, according to tax experts, more deductions must be offered under new tax regime to make it attractive.

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The future of finance and enhanced corporate reporting

Future CFO

For finance chiefs , a more compelling vision is required for the future of finance and reporting. According to Ernst & Young , the reporting environment continues to evolve at pace, leading to the rapid transformation of the finance function and its operating model. Digital technologies, as an example, can transform how finance works, with accounting knowledge to be integrated into artificial intelligence (AI), and controls and compliance monitoring to be automated.

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India Inc is on the hunt for more and more women executives as it pushes for better ESG standards

CFO News

Large Indian companies and multinationals are actively seeking senior women professionals for top management roles, driven by a focus on ESG standards and the desire to improve diversity at the CXO level. Investors are also increasingly interested in companies that prioritize gender diversity. Several executive search firms have reported mandates to exclusively look for female candidates for CFO, COO, CHRO, CMO, CTO, CLO, and CEO positions.

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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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The Mentoring Round | Michael Perica, CFO, Rimini Street

CFO Thought Leader

TEXT 966: The Billionaire’s Apprentice | Michael Perica, CFO, Rimini Street The post The Mentoring Round | Michael Perica, CFO, Rimini Street appeared first on CFO THOUGHT LEADER, CFO, Finance, Leadership, CPA.

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RBI approves Praveen Kutty as DCB Bank CEO

CFO News

Kutty replaces Murali Natrajan who completes 15 years as the bank's CEO at the end of April, which is the maximum limit for the position according to RBI norms.

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Data Update 2 for 2024: A Stock Comeback - Winning the Expectations Game!

Musings on Markets

Heading into 2023, US equities looked like they were heading into a sea of troubles, with inflation out of control and a recession on the horizon. While stocks had their ups and downs during the year, they ended the year strong, and recouped, at least in the aggregate, most of the losses from 2022. That positive result notwithstanding, the recovery was uneven, with a big chunk of the increase in market capitalization coming from seven companies (Facebook, Amazon, Apple, Microsoft, Alphabet, NVid

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More layoffs in store at Google after thousands fired in New Year: report

CFO News

Google Layoffs: Google CEO Sundar Pichai said this year's layoffs were aimed at “removing layers to simplify execution and drive velocity in some areas.

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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.