Thu.Sep 28, 2023

article thumbnail

Learn to talk tech, Heller Search CEO advises CFOs

CFO Dive

For finance and technology executives to create an effective digital transformation strategy, it’s important to speak the other’s language.

Finance 292
article thumbnail

The Least Bad Choice

Barry Ritholtz

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Uber taps decades-long finance veteran for CFO seat

CFO Dive

Semiconductor executive Prashanth Mahendra-Rajah is taking the finance reins at the ride-sharing company as it focuses on post-COVID-19 pandemic growth.

Finance 221
article thumbnail

Dhanlaxmi’s ID resignation warrants RBI, SEBI attention: Amarjit Chopra

CFO News

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.

Banking 111
article thumbnail

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.

article thumbnail

Cyberattacks against SMBs sees threefold increase in Singapore

Future CFO

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.

More Trending

article thumbnail

Interim Solutions for Enhanced Budgeting, Year-End, and Audit Preparation in a Competitive Talent Market

E78 Partners

Today’s business environment is experiencing a notable deficit in skilled talent in the finance and accounting sectors, prompted by a transformation in professionals’ priorities. A large number of professionals are leaving their current roles for work life balance and increased compensation despite tenure and growth potential in their current roles.

article thumbnail

A Modern Nonprofit Podcast: The Elephant in the Room

The Charity CFO

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.

article thumbnail

Sebi asks MCX to put launch of new platform on hold

CFO News

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.

article thumbnail

Workday launches new AI, machine learning tools

Future CFO

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.

article thumbnail

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.

article thumbnail

Canada still committed to building closer ties with India, says Justin Trudeau amid standoff

CFO News

"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.

article thumbnail

The Effort to Optimize a Runway | Neha Krishnamohan, CFO, Kinnate Biopharma

CFO Thought Leader

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.

CFO 52
article thumbnail

Startups form new taskforce to take on Google on billing

CFO News

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.

article thumbnail

PCAOB fines Deloitte affiliate $900,000

CFO Dive

Sanctions by the PCAOB against Deloitte’s affiliate in Colombia reflect tougher oversight by the U.S. audit watchdog under the Biden administration.

Auditing 235
article thumbnail

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.

article thumbnail

The story of a Rs 1,788 crore fine: Tyre makers, cartelisation and calculation errors

CFO News

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.

52
article thumbnail

10 Thursday AM Reads

Barry Ritholtz

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

article thumbnail

India's overseas debt rises modestly to $629 billion as of end June

CFO News

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.

Banking 52
article thumbnail

Jul-Sept FY24 goods exports seen 4.8% down on year: EXIM Bank

CFO News

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.

Banking 52
article thumbnail

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

article thumbnail

Net claims of non-residents on India rise to USD 379.7 billion in June quarter: RBI

CFO News

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.

article thumbnail

Father of India's 'green revolution' MS Swaminathan passes away at 98

CFO News

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.

52
article thumbnail

India's current account deficit widens sequentially on higher trade deficit

CFO News

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.

article thumbnail

GST Revenue Leak: ICICI Lombard faces ?1,728.9 crore tax demand amid ongoing investigations

CFO News

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.

52
article thumbnail

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.

article thumbnail

HMD Global appoints Tanuj Patro as CFO for India & Asia Pacific markets

CFO News

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.

article thumbnail

Abu Dhabi’s IHC to sell its investments in 2 Adani group companies

CFO News

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.

article thumbnail

Cognizant appoints ex- Wipro executive Jatin Dalal as CFO

CFO News

Cognizant: Dalal will take over the role from current CFO Jan Siegmund in December, who is due to retire in early 2024.

CFO 59