Sun.Jan 01, 2023

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How to Get Better at Asking for Help at Work

CFO News Room

Most people have a never-ending mountain of work to get through and would likely feel immense relief if their workload were in some way lessened. Yet so many of us don’t actually ask for help, which is one way we can make our workload more manageable and feel less overwhelmed. After all, we are only human. We can’t do everything ourselves or be as successful as we aspire to be if we don’t ask for the support we need.

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SAP Compliance Management

Navigator SAP

Businesses often view compliance management with a mixture of confusion and dread due to the constant changes that occur to compliance recommendations and regulations. SAP provides comprehensive solutions that help businesses stay on top of compliance requirements, enforce controls, and drive collaborations and consistency across the organization.

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9 Smart Ways to Invest $1K in 2023 [Proven Investment Strategies]

CFO News Room

According to a recent Gallup poll , more than half of American adults (58%) have money invested in the stock market. Although the median holdings (amounts invested) vary based on age, income, and other demographic factors, it’s clear that Americans see the value of investing — even if their exposure is limited to a workplace 401(k). If you have a fully-funded emergency fund and have an extra $1,000 that you don’t immediately need, you have a lot of options.

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What are the top risks CFOs may face in 2023?

CFO News

In the riskiest business environment in more than ten years, talent woes continue to top the list of concerns of business heads.

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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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Pilot Shortage: A Story of Stalled Supply and Rising Demand

CFO News Room

Thousands of passengers this holiday season bought plane tickets for short-hop flights, only to find their journeys had been converted to bus tickets overnight. Thousands more were stranded as major carriers canceled up to 10 percent of their daily flight schedules. . A pilot shortage is the primary complaint. Short-haul flights are grounded by aggressive hiring at large national airlines, leaving regional partners stranded by lack of staff.

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Tesla, Cal-Maine, Southwest and others

CFO News Room

Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla rallied 4.4% in the premarket after posting its first rise in eight sessions Wednesday, softening the blow to its stock in what will still be the worst year ever for Tesla shares. Cal-Maine Foods (CALM) – Cal-Maine slid 4.9% in premarket trading after its quarterly earnings came in below Wall Street forecasts.

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At 57.8, India's manufacturing PMI in December rises to highest in 26-months

CFO News

With business conditions improving to the greatest extent in over two years, India's manufacturers ended 2022 on a sweet note.Manufacturers scaled up production and the upturn in output was sharp and the best seen since November 2021, S&P Global India survey showed on Monday.

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The Craziest Moments From the Longest Tech Boom (So Far)

CFO News Room

It’s been a singular year for tech, one that marked the apparent end to a heady, madcap boom that changed how we think about the industry. . Over the past dozen or so years, a tidal wave of money poured into a collection of technologies—from cloud computing and artificial intelligence to smartphones and two-sided marketplaces—that transformed whole industries and changed many aspects of how we live and work.

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Budget 2023: Growth & manufacturing focus within fiscal consolidation theme

CFO News

Echoing finance minister Nirmala Sitharaman’s statement that fiscal 2024 budget will follow the spirit of the earlier ones, economists expect it to be a pragmatic, rather than a populist, budget, even though this is the last full budget before the 2024 general elections.

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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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A Complete Guide to Economic Injury Disaster Loans After a Hurricane

CSC Advisors

Did you know that about 10,000 people die every year from hurricanes and even more are left with nothing after it happens? If you're a homeowner or business owner affected by a hurricane, you might be struggling to make ends meet. Luckily, there are loan options available to help you recover from the damages. There are loans and help that can assist those who have experienced a natural disaster.

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GST collections grow 15 pc to Rs 1.49 lakh cr in December

CFO News

The gross GST revenue collected during December 2022 is Rs 1,49,507 crore, of which CGST is Rs 26,711 crore, SGST is Rs 33,357 crore, IGST is Rs 78,434 crore (including Rs 40,263 crore collected on import of goods) and Cess is Rs 11,005 crore (including Rs 850 crore collected on import of goods).

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10 New Year’s Day Reads

Barry Ritholtz

Happy New Years! Settle in for some thoughts about the coming year, and the year that was: • All The Ways That Crypto Broke in 2022 : Fast forward a year, and the primary topics of conversation among even the most devout of the crypto faithful were more likely to be about Sam Bankman-Fried, the disgraced crypto co-founder of the fallen FTX empire, or whether they’d ever retrieve the coins trapped on bankrupt exchanges and lending platforms after a series of big digital-asset collapses. ( Bloombe

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Pushing for diversity: More firms to hire women for shop floor jobs in 2023

CFO News

Most of these companies are pushing for diversity by hiring more women for shop floor jobs, their plants and stores, while others are considering opening outlets run only by women, said the executives ET spoke with.

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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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Links 1/1/2023 | naked capitalism

CFO News Room

Readers: Happy New Year, and many more of them! –lambert. * * *. ‘I had to do it to save everyone:’ Letter solves school smashed window mystery – and reveals a snowstorm hero Sky News. What if the dinosaurs hadn’t gone extinct? Why our world might look very different The Conversation. The End of Financial Hegemony? New Left Review. Well worth a read.

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EVolving India Inc plans to drive ahead on battery power

CFO News

Tech companies and banks too are doing their bit. Capgemini, Cognizant, Barclays, Bank of New York Mellon and Allianz Technology are mandating that a certain proportion of vendors’ fleets for employee transportation should be electric.

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RK Krishnakumar, a Tata veteran, passes away at 84

CFO News

The Padma Shri awardee suffered a heart attack at his home in the financial capital on Sunday.

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NARCL plans improved Rs 1,200-cr offer for Videocon Oil and Ventures

CFO News

Lenders rejected NARCL's ₹860-crore offer in mid-November because it was very low. At a meeting in December between the lenders and NARCL, lead bank State Bank of India had asked NARCL to make an improved offer. NARCL did not respond to ET's queries.

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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.

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Corporate tax to GDP ratio crosses 3% in 2021-22, first time in two years

CFO News

​Net corporate tax collection in 2021-2022 stood at Rs 7.12 lakh crore, which works out to 3.01% in terms of the ratio to GDP. At current market price, the collections stood at Rs 236.64 lakh crore.

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Banks set for strong loan growth in Q4

CFO News

Public sector banks have outperformed private banks in the recent past. Banks also expect margin trajectory to remain robust, while an improving asset-quality resolution should provide further fuel to profitability.

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China COVID crisis: Worried over supply chain disruptions, consumer durable makers stocking up on inventories

CFO News

The consumer durable makers normally maintain inventory for about a month, but they are now increasing it to cover at least 2-3 months.

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At 3.8 million units, PV sales surpass pre-covid peak in '22

CFO News

"Demand seems to be good. Last month, enquiries as well as bookings were at elevated levels", informed Srivastava, adding, "We have to monitor customer demand going ahead to assess the impact of the increase in vehicle prices due to implementation of certain regulatory norms." Maruti Suzuki grew sales by 16% to sell 1.58 million vehicles in the year.

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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.

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Capex to be driver of economic engine

CFO News

The Ratings Round-Up published by Crisil Ratings on October 2022 highlighted positive credit quality outlook for India Inc stemming from resilient domestic demand, continuing infrastructure-driven investments and strengthened balance sheets.