CFO News Room
DECEMBER 11, 2022
In The Wealth of Nations , Adam Smith wrote , “It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost more to make than to buy.” . Smith then projects his observation of a household to that of a nation: “What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom.” .
CFO News
DECEMBER 11, 2022
The scale of the cuts in Asia could be replicated in Morgan Stanley's U.S. and European operations, and would be in contrast with 2021 when its top bankers earned up to 20% more in bonuses globally, said the sources.
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CFO News Room
DECEMBER 11, 2022
Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images. Check out the companies making headlines in after-hours trading. Lululemon – Shares of athletic apparel company Lululemon shed 9% after it said that it sees a weaker fourth quarter than Wall Street analysts expected from the company.
CFO News
DECEMBER 11, 2022
Companies across the banking, financial services and insurance, and fintech sectors are ramping up their risk and compliance functions with senior-level hiring to guide them through a dynamic regulatory environment.
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CFO News Room
DECEMBER 11, 2022
By. Cordilia James. and Ray A. Smith. Dec. 11, 2022 7:00 am ET. Some power users of Twitter are bringing the one-liners and hot takes to their professional network on LinkedIn. Or at least, they are trying to. Numerous Twitter users, celebrity and otherwise, say they are unenthused about what they view as turbulence after Elon Musk’s Twitter takeover.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
CFO News
DECEMBER 11, 2022
The Central Board of Direct Taxes (CBDT) in a circular related to TDS deduction from salaries has said that any person responsible for paying salary must deduct income tax while paying the amount.
Financial Analyst Insider
DECEMBER 11, 2022
When faced with a personal debt problem there is a common range of behaviours that are typically exhibited. Ignorance, as they say, is bliss, and. The post Four Telltale Signs of a Debt Problem appeared first on Financial Analyst Insider.
Future CFO
DECEMBER 11, 2022
One in four employees surveyed by Randstad in Hong Kong expect a 10%-15% pay raise when switching jobs in 2023. According to the recruitment agency’s 2023 Market Outlook and Salary Snapshot Report, 18% of respondents expect a 15%-20% pay raise when switching jobs next year. . The survey also revealed that the local workforce is realistic and reasonable in their demands, Randstad noted. .
CFO News
DECEMBER 11, 2022
India's net direct tax collection grew 24% to Rs 8.77 lakh crore in the April-November of the ongoing fiscal, the Finance Ministry tweeted on Monday. With this, the direct tax collection has reached around 61.79% of the full-year Budget Estimates (BE) for FY23. Tax on corporate and individual income makes up for direct taxes.
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Future CFO
DECEMBER 11, 2022
McKinsey senior partner, Tracy Francis, identifies six moves businesses—particularly consumer companies—can make to build resilience in the face of tough economic circumstances. The post Navigating volatility: Six trends businesses should look out for appeared first on FutureCFO.
CFO News
DECEMBER 11, 2022
The RBI is looking to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve regulatory supervision over banks and NBFCs. For this purpose, the central bank plans to hire external experts.
CFO News Room
DECEMBER 11, 2022
With respect to the global increase in invasive Strep A in kids, we KNOW coronaviruses increase susceptibility to Strep. We KNOW that much of the mortality of the 1918 flu pandemic was due to secondary bacterial infection. SUPPRESS COVID TRANSMISSION NOW [link] pic.twitter.com/qfH0X11T8f. — Dr David Berger, aBsuRdiSTe cROnickLeR (@YouAreLobbyLud) December 9, 2022.
CFO News
DECEMBER 11, 2022
Three directors — Jayant Purushottam Gokhale, founder of Gokhale & Sathe, D S Saksena, a retired income tax officer, and Sushma Nath, former Union finance secretary — had resigned from the board. Gokhale and Saksena had levelled serious charges against the management, including weak corporate governance, which have been denied by the company in exchange filings.
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.
Barry Ritholtz
DECEMBER 11, 2022
Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • You’re Being Lied to About Electric Cars : Science has repeatedly shown EVs are better for humans, despite the meme you just retweeted. ( MotorTrend ). • Conservatism as an Oppositional Culture: How a sociological concept explains the “Scam Right” Spend some time consuming conservative media, and you’ll see it’s all just one scam after the other: “commemorative” gold coins, something abou
CFO News
DECEMBER 11, 2022
The Reserve Bank of India (RBI) allowed domestic investment in a GIFT City fund using the Liberalised Remittance Scheme (LRS), under which a resident Indian can invest up to $250,000 a year in stocks and properties abroad. But administrators of category 3 AIFs receiving such LRS money may have a tough time dealing with the taxman.
CFO News
DECEMBER 11, 2022
Following the July hike, the Department of Science & Technology and the Council for Scientific & Industrial Research have taken up the matter with the office of the Principal Scientific Advisor (PSA) and the finance ministry, expressing their deep concern, ET has learnt.
CFO News
DECEMBER 11, 2022
The issue of Integrated Goods and Services Tax (IGST) refunds of risky exporters has once again started simmering, this time due to the guidelines issued by Central Board of Indirect Taxes and Customs (CBIC) on November 28.
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.
CFO News
DECEMBER 11, 2022
The government has asked trade bodies and banks to explore opportunities for trade in rupee with more countries after having facilitated rupee trade with Russia, Mauritius and Sri Lanka. The Indian banks have already opened special vostro rupee accounts (SVRA) with banks of these three nations, operationalising the rupee trade arrangement.
CFO News
DECEMBER 11, 2022
The concerns about the carrier have been made worse as government has had no indication of fresh promoter-level equity infusion into Vi, without which it is difficult to go ahead with the conversion into equity of the telco’s Rs 16,130-crore accrued interest on deferred adjusted gross revenue (AGR)-related dues.
CFO News
DECEMBER 11, 2022
Investment mostly through secondary sale of shares; small primary sale will see infusion of growth equity.
CFO News
DECEMBER 11, 2022
On the 12th anniversary of ET Wealth, meet 10 people from ordinary walks of life who have redefined financial success.
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.
CFO News
DECEMBER 11, 2022
The first G20 Finance and Central Bank Deputies (FCBD) meeting, jointly hosted by the finance ministry and the Reserve Bank of India (RBI), is scheduled to be held during December 13-15 in Bengaluru.
CFO News
DECEMBER 11, 2022
The movement is similar to that of lifestyle products in the consumer durables segment, where demand for mass-priced merchandise is under pressure due to inflation and growth is largely driven by the premium range.
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