Learn to talk tech, Heller Search CEO advises CFOs
CFO Dive
SEPTEMBER 28, 2023
For finance and technology executives to create an effective digital transformation strategy, it’s important to speak the other’s language.
Thu.Sep 28, 2023
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Dhanlaxmi’s ID resignation warrants RBI, SEBI attention: Amarjit Chopra
CFO News
SEPTEMBER 28, 2023
Some allegations especially relating to the Conduct of Board and committee meetings as well as the Rights Issue need to be looked into, says the former independent director on bank boards and Past President at ICAI.
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Uber taps decades-long finance veteran for CFO seat
CFO Dive
SEPTEMBER 28, 2023
Semiconductor executive Prashanth Mahendra-Rajah is taking the finance reins at the ride-sharing company as it focuses on post-COVID-19 pandemic growth.
Cyberattacks against SMBs sees threefold increase in Singapore
Future CFO
SEPTEMBER 28, 2023
Singapore sees a threefold increase in cyberattacks against SMBs, with 453 attacks targeted at this type of businesses in 1H2023 compared to 112 in the same period last year, said Kaspersky recently. In 1H 2023, SMB employees here encountered malware or unwanted software disguised as business applications with about 50 unique files being distributed in the time period while there were only 24 unique files being distributed in the same period of last year in Singapore , the firm noted.
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
India-Canada row: No major impact for businesses
CFO News
SEPTEMBER 28, 2023
Trade between India and Canada has grown in the last 10 years. Top Indian IT companies have their offices in Canada. Education in Canada is quite attractive amongst Indian students. India-Canada row will have a short-term impact on businesses but for long term it will be minimal. Here is my view.
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A Modern Nonprofit Podcast: The Elephant in the Room
The Charity CFO
SEPTEMBER 28, 2023
On today’s episode of a Modern Nonprofit Podcast, we welcome Kristina McKean, creator of The Elephant Project. Kristina is a lover of animals and this passion is a deep root of her why in the development of The Elephant Project. After witnessing the treatment of elephants through visits to Thailand and circus events, Kristina felt empowered to do more for one of earth’s smartest animals.
Cognizant appoints ex- Wipro executive Jatin Dalal as CFO
CFO News
SEPTEMBER 28, 2023
Cognizant: Dalal will take over the role from current CFO Jan Siegmund in December, who is due to retire in early 2024.
Workday launches new AI, machine learning tools
Future CFO
SEPTEMBER 28, 2023
Enterprise cloud application provider Workday, Inc. launched a series of new artificial intelligence and machine learning tools to boost employee experiences and efficiency. The announcement was made during the company’s Workday Rising annual customer conference. Workday AI models are fueled by over 625 billion transactions processed by the system annually.
Abu Dhabi’s IHC to sell its investments in 2 Adani group companies
CFO News
SEPTEMBER 28, 2023
Abu Dhabi IHC Adani: The decision to sell off the investment is part of the company’s plan to rebalance its overall portfolio strategy, IHC said.
Live Demo - Supercharge your Month End Close
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The Effort to Optimize a Runway | Neha Krishnamohan, CFO, Kinnate Biopharma
CFO Thought Leader
SEPTEMBER 28, 2023
937: Driving Decisions That Have Conviction | Neha Krishnamohan, CFO, Kinnate Biopharma MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software. The Planful platform, which helps businesses drive peak financial performance, is used around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and analytics.
Sebi asks MCX to put launch of new platform on hold
CFO News
SEPTEMBER 28, 2023
The above action has been taken by the market regulator in view of the writ petitions filed by Chennai Financial Markets and Accountability (CFMA) on Commodity Derivatives Platform (CDP). "It may be noted that writ petitions filed by CFMA on CDP are pending before the Hon’ble Madras High Court for disposal," MCX said in an exchange filing said.
PCAOB fines Deloitte affiliate $900,000
CFO Dive
SEPTEMBER 28, 2023
Sanctions by the PCAOB against Deloitte’s affiliate in Colombia reflect tougher oversight by the U.S. audit watchdog under the Biden administration.
Canada still committed to building closer ties with India, says Justin Trudeau amid standoff
CFO News
SEPTEMBER 28, 2023
"India is a growing economic power and important geopolitical player. And as we presented with our Indo-Pacific strategy, just last year, we're very serious about building closer ties with India," Trudeau told reporters.
Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback
Advertiser: Paycor
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.
The Least Bad Choice
Barry Ritholtz
SEPTEMBER 28, 2023
I have been watching various sentiment polls and Right/Wrong Track questionnaires with detached bemusement. Bemused because they are so silly, and detached because I know I can’t change human nature. What I can do is share a few modest insights; hopefully, these will allow you to gain a fresh perspective you might not have otherwise considered or perhaps even garner a better understanding of what is happening right here and now.
Startups form new taskforce to take on Google on billing
CFO News
SEPTEMBER 28, 2023
This is the first time such a taskforce has been constituted with the charter of deciding the course of action to be taken against Google Play, even as the Supreme Court is hearing cross appeals filed by the Competition Commission of India (CCI) and Google over the antitrust body’s order against the search giant, one of the people said.
10 Thursday AM Reads
Barry Ritholtz
SEPTEMBER 28, 2023
My morning train reads: • How the Writers Deal Got Done: Inside the Room : From the Chris Keyser-CEO calls that brought them back to the table to the ask that almost derailed the deal, a play-by-play of the final negotiations. ( Hollywood Reporter ) • The art of keeping it simple, by JPMorgan’s Jan Loeys : “We feel that keeping things simple in finance, fewer assets, simple valuation rules, simple investment rules, is an underrated strategy and one that too few of us actively pursue as the
The story of a Rs 1,788 crore fine: Tyre makers, cartelisation and calculation errors
CFO News
SEPTEMBER 28, 2023
The Supreme Court of India has asked the Competition Commission of India (CCI) for a response regarding an appeal filed by MRF Ltd, one of the companies fined in a case related to alleged cartelisation and price manipulation in the tyre industry. The case, which began over a decade ago, saw the CCI impose penalties on several tyre companies in 2018.
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.
India's overseas debt rises modestly to $629 billion as of end June
CFO News
SEPTEMBER 28, 2023
NRI deposits as reflected in debt from "Deposit-taking Corporations, except the Central Bank" increased 6.5 percent in the June quarter to $167 billion from $157 billion a year ago. While outstanding overseas borrowings as reflected in debt from "Non-financial corporations remained flat at $250 billion" remained flat at $ 250 billion over the period.
Jul-Sept FY24 goods exports seen 4.8% down on year: EXIM Bank
CFO News
SEPTEMBER 28, 2023
The Export-Import Bank of India predicts a 4.8% decline in merchandise exports for the second quarter of 2023-24 compared to the previous year. This is due to a slowdown in major trading partners and global geopolitical uncertainty. The bank expects India's merchandise exports to reach $105.4 billion in July-September FY24. Non-oil exports are projected to be 0.5% higher than the same period last year.
Net claims of non-residents on India rise to USD 379.7 billion in June quarter: RBI
CFO News
SEPTEMBER 28, 2023
According to data from the Reserve Bank of India (RBI), net claims of non-residents on India increased by USD 12.1 billion to USD 379.7 billion in the June quarter. The rise in net claims was primarily due to an increase in foreign-owned financial assets in India. The data also showed that reserve assets accounted for 64.2% of India's international financial assets at the end of the quarter.
Father of India's 'green revolution' MS Swaminathan passes away at 98
CFO News
SEPTEMBER 28, 2023
Monkombu Sambasivan Swaminathan, an agriculture scientist and the father of India's green revolution, has passed away at the age of 98. Swaminathan played a crucial role in developing a hybrid wheat seed that significantly increased yields for Indian farmers. He was recognized by TIME Magazine as one of the twenty most influential Asians of the 20th century.
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.
HMD Global appoints Tanuj Patro as CFO for India & Asia Pacific markets
CFO News
SEPTEMBER 28, 2023
Patro possesses over two decades in the finance domain. He will oversee company's financial operations for India & APAC markets, working closely with the leadership team.
India's current account deficit widens sequentially on higher trade deficit
CFO News
SEPTEMBER 28, 2023
India's current account deficit (CAD) widened to $9.2 billion in Q1FY24, equivalent to 1.1% of GDP on a sequential basis. Yet it narrowed on a YoY basis, compared to $17.9 billion in Q1FY23. India's foreign exchange reserves increased by $24.4 billion, and net foreign direct investment decreased to $5.1 billion.
GST Revenue Leak: ICICI Lombard faces ?1,728.9 crore tax demand amid ongoing investigations
CFO News
SEPTEMBER 28, 2023
ICICI Lombard, a general insurance company, has been served a show-cause notice by a central law enforcement agency for allegedly not paying Rs 1,728.9 crore worth of tax over a period of five years. The Directorate General of GST Intelligence has been investigating 30 insurance companies for GST evasion, with discrepancies amounting to Rs 3,500 crore detected so far.
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