Sun.Dec 25, 2022

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3 Strategies to Bridge Generational Divides at Work

CFO News Room

In a recent conversation with the HR leader of a Midwestern U.S.–based financial services company, she told us that older employees were confounded by the views and behaviors of Millennial and Gen Z employees, such as their insistence on remote working, “fickle” work styles, and unbridled honesty when work wasn’t going their way. Conversely, the younger set found the company veterans to be inflexible, uncreative, and often naïve in their willingness to take company leaders’ word at face value.

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What's important for CFOs in 2023?

CFO News

As demand drivers become more volatile, strategic CFOs are set to position finance as a nimble business partner that can work in lockstep with other business functions.

Finance 105
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Best Homeowners Insurance of 2022

CFO News Room

The best home insurance companies offer high-quality coverage that protects against damage to your home’s structure and your property, whether it is caused by lightning, winds, fire, or other covered perils. Homeowners’ insurance also comes with important liability coverage that can save you financially if someone is injured on your property and decides to sue you for damages.

Budgeting 130
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Bankrupt hotel assets big draw with investors

CFO News

Some such prominent properties under the hammer, such as the Westin Kolkata Rajarhat, have drawn interest from several bidders.

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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

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Holidays of Luxury | AIER

CFO News Room

If news of inflation and recession has you feeling a bit Grinchy, some historical perspective might put some joy back into the season. Our current economic woes are significant, and might worsen before they improve. Still, the season of gratitude and giving is a great time to celebrate the abundance around us. . This year, Americans are poised to spend around $1000 on gifts, food, cards, and decorations.

Economics 130

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Tesla, Nutanix, Meta and more

CFO News Room

Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla CEO Elon Musk said he would refrain from selling any more Tesla stock for 18 to 24 months. Musk has sold about $39 billion in stock over the past year, amid his $44 billion deal to buy Twitter. Tesla gained 1.2% in the premarket. Nutanix (NTNX) – Nutanix tumbled 16.6% in the premarket following a report that Hewlett Packard Enterprise (HPE) has ended talks to acquire the cloud computing company.

Marketing 130
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Taxman seeks info from foreign online gaming companies

CFO News

Indian tax authorities have approached half a dozen online gaming firms in Malta, the UK and Gibraltar to gather information on the number of users from India and the sums they have spent.

Numbers 98
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Happy Merry!

Barry Ritholtz

Art Cashin is a Wall Street treasure, and his annual shares are always appreciated. This is his December 23rd commentary. Happy Merry! ‘Tis two days before Christmas. and at each brokerage house. The only thing stirring. was the click of a mouse. Down on the Exchange. the tape inches along. Brokers bargained and traded. as they hummed an old song. With supply chain disruptions. from iPhones through socks.

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Future proofing compliance for fast-growing businesses: Move away from costly, reactive approach

CFO News

ETCFO and Oracle NetSuite organized a virtual roundtable on “Future-Proof Compliance: Strengthening Regulatory Maturity and Becoming Audit-Ready”, with panelists — Mandeep Mehta, Group CFO, PB Fintech; Mayank Gupta, Group CFO, CarDekho; Mehul Turakhia, Group Finance Head, Zeta Suite; Rajendra Jhawar, Senior Director – Finance, BrowserStack; Chieh Suang K, Business Development Leader – VC & PE, Oracle NetSuite; and Girish Butaney, General Manager, Oracle NetSuite — discussing the theme.

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Links 12/25/2022 | naked capitalism

CFO News Room

Nearly 10,000 flights have been canceled or delayed so far this holiday weekend due to severe weather. Here are the 5 cities most plagued by delays and cancellations at the airport Business Insider. Light pollution indicators for all the major astronomical observatories British Royal Astronomical Society. “The results show that two-thirds of all large observatories have already surpassed the critical 10 per cent increase in radiance over the assumed natural levels.”.

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Budget 2023: Telcos want licence fee cut, income-tax credit refund

CFO News

The telcos, represented by the Cellular Operators Association of India (COAI), intend to focus on provisions that will enhance the sector's financial viability.

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Incentivise taxpayers for shift to exemption-less regime: Bibek Debroy

CFO News

According to Debroy, the government's capital expenditure focus will continue in FY24 while setting aside higher spending on social sectors including health and education.

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Advent pips Blackstone, set to buy Suven Pharma for Rs 6300 cr

CFO News

Announcement expected as early as Monday morning.

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

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.

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China Covid surge stokes supply fears among Indian traders

CFO News

India's exports to China are falling as there is already a slowdown in the Chinese economy. The spread of Covid-19 and the upcoming Chinese New Year in the second half of January could lead to further workforce shortages.

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Ex-ICICI bank CEO Chanda Kochhar's arrest a wake-up call for private banks: Experts

CFO News

Chanda Kochhar and her husband Deepak Kochhar were arrested by the Central Bureau of Investigation (CBI) last week in connection with alleged cheating and irregularities in loans sanctioned by ICICI Bank to Videocon Group companies. A special court in Mumbai on Saturday remanded both of them to CBI custody until December 26.

Banking 52
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Automobile sales to grow, but slower next year

CFO News

Automakers are keeping an eye on potential dampeners such as a persistent high inflation, price increase on the back of regulatory changes and higher borrowing costs, notwithstanding a robust order book of nearly 750,000 units of passenger vehicles (PVs) as on November 30, said industry executives.

Sales 52
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India Inc to hire more women this new year in diversity push

CFO News

Leading organisations including Cognizant, Larsen & Toubro, HDFC Bank, ITC, KPMG, Axis Bank, Schneider Electric, Cipla and Procter & Gamble are doubling down on efforts to improve gender diversity in the workplace.

Banking 52
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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.