CFO News Room
JANUARY 15, 2023
Over the last four years, more than 2,000 people have moved to Tulsa, Oklahoma because of Tulsa Remote, a program sponsored by the George Kaiser Family Foundation (GKFF) that pays remote workers $10,000 to move. It was one of the most widely publicized bids by a city to become a hub for remote work — and so far, it’s succeeding, according to two recent studies of the program.
Navigator SAP
JANUARY 15, 2023
Effective procurement is crucial for any business, as it involves the process of acquiring the goods and services needed to operate and grow. However, managing procurement can be a complex and time-consuming task, especially for larger organizations with multiple departments and suppliers. That's where enterprise resource planning (ERP) software can help.
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CFO News Room
JANUARY 15, 2023
I am not a prolific user of social media platforms, completely inactive on Facebook and a casual lurker on LinkedIn, but I do use Twitter occasionally, and have done so for a long time, with my first tweet in April 2009, making me ancient by Twitter standards. That said, I tweet less than ten times a month and follow only three people (three of my four children) on the platform.
CFO News
JANUARY 15, 2023
Finance honchos are looking for a non-populous Budget that will bolster the private investment cycle and boost consumption. Decriminalisation of corporate laws wherever possible, factor reforms, simplification of GST structure and rolling back inverted duty structure are among the wishlist they shared in an ETCFO panel discussion on Budget 2023.
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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
CFO News Room
JANUARY 15, 2023
Last month, the Consolidated Appropriations Act of 2023 , or Omnibus package, demonstrated that the majority of politicians have one-track minds. They identify problems, pass legislation, and send the consequences down the line. . In “The Coming Slavery” (1884), Herbert Spencer observed that legislators often fail to perceive that they have set in motion a train on a destructive course.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
CFO News Room
JANUARY 15, 2023
In this photo illustration the Disney+ logo seen displayed on a smartphone screen. SOPA Images | LightRocket | Getty Images. Check out the companies making headlines in premarket trading. Disney – Disney shares added more than 1% in early morning trading after the company elected independent director Mark Parker as Chairman of the board. It also opposed activist investor Nelson Peltz’s attempt to join the board as the two sides prepare for a proxy battle.
CFO News
JANUARY 15, 2023
Recognizing their role, the Indian government decided to permit FPI investment in InvITs and REITs (referred to as ‘business trusts’) in 2016. This was aimed at increasing liquidity and attracting capital for InvITs and REITS, leading to wider participation by global investors.
CFO News Room
JANUARY 15, 2023
Hedge funds investing in fast-growing public and private companies lost tens of billions of clients’ money last year. That isn’t stopping more “crossover” funds from launching. Mala Gaonkar, 53 years old, a former co-investment chief of Lone Pine Capital LLC, launched her New York-based crossover fund, SurgoCap Partners, on Jan. 3 with $1.8 billion, people familiar with her firm said.
CFO News
JANUARY 15, 2023
“Decline in the rate of inflation in December, 2022 is primarily contributed by fall in prices of food articles, mineral oils, crude petroleum & natural gas, food products, textiles and chemicals & chemical products,” stated the release.
Advertiser: Paycor
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CFO News Room
JANUARY 15, 2023
Airlines should take advantage of new cloud-based tools, industry consultants said, to help prevent the recent snafus brought on by the use of antiquated and siloed technology at Southwest Airlines Co. and the Federal Aviation Administration. These tools, some originating from startups, offer the potential to make airline systems more automated and less dependent on older technologies that can require manual updates and are increasingly expensive to maintain, airline-industry consultants said.
Future CFO
JANUARY 15, 2023
Business leaders bracing for a global economic downturn, according to EY. In an EY survey of 1,200 CEOs worldwide on their prospects, challenges and opportunities, 98% are bracing for a global economic downturn characterised by geopolitical tensions, supply chain disruption and ongoing COVID-19-related uncertainty, but appear split on its length, depth and severity.
CFO News
JANUARY 15, 2023
An extension of the 15% corporate tax regime for manufacturing companies and correcting inverted duty structure in GST among wish list of finance honchos.
Barry Ritholtz
JANUARY 15, 2023
Avert your eyes! My Sunday morning look at incompetency, corruption, and policy failures: • Not so faux: How the ‘fake’ fur industry is secretly selling you real fur : Faux fur is a staple of the fashion industry. But what’s marketed as fake might actually be all too real. ( Grid ). • How Trump’s allies stoked Brazil Congress attack : The scenes in Brasilia looked eerily similar to events at the US Capitol on 6 January two years ago – and there are deeper connections as well. ( BBC ) see
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.
CFO News
JANUARY 15, 2023
Prime Minister Narendra Modi will early this week hold a meeting with key finance ministry officials to finalise the February 1 budget, the last full one of this government prior to the 2024 general election, people familiar with the talks said.
CFO News Room
JANUARY 15, 2023
See the Largest Flower Ever Found Encased in Amber Scientific American. Skeleton of man who dreaded becoming a museum exhibit will finally be removed from display CNN. Maine gets 1st Mega Millions jackpot with $1.35B grand prize AP. Climate. Newsom proposes cuts to climate change programs amid cloudy economic outlook LA Times. Attaboy. That’s the kind of liberal we like.
CFO News
JANUARY 15, 2023
As per the new calendar, the Ministry of Statistics and Programme Implementation (MoSPI) will from this year release the first revised estimates of national income, consumption expenditure, saving and capital formation of the previous fiscal year on the last day of February against the last working day of January till now.
CFO News
JANUARY 15, 2023
Finance minister Nirmala Sitharaman will present the government’s last full budget before the 2024 general election on February 1.
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
JANUARY 15, 2023
"The confidence among respondents stems from the fact that a significant majority of them (86%) believe that the government's focus on infrastructure is the biggest positive for the Indian economy, followed by the improvement in tax collections and good consumption recovery," CII said.
CFO News
JANUARY 15, 2023
The concerns have been flagged to the corporate affairs ministry, which is the administrative ministry for CCI.
CFO News
JANUARY 15, 2023
The revenues of Everest, MDH, Catch and Shubham Goldiee expanded between 18% and 35%, though Eastern Condiments and Aachi recorded a marginal drop in sales. Overall, combined sales of the six companies were at ₹8,711 crore ($1.07 billion) in the fiscal ended March 2022.
CFO News
JANUARY 15, 2023
The proposed consolidation will bring the entire automotive value chain of the Anand Mahindra-led group under one umbrella, amid an increasing focus on electric vehicles (EVs).
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
JANUARY 15, 2023
Union Budget 2023 for startups: For the growth seen in 2021 to be a long-term phenomenon, the government could boost the investment flows into the start-ups through some key changes.
CFO News
JANUARY 15, 2023
Various segments of the Indian economy - from policy makers, businesses and the financial system - appear to be singing from the same song sheet, in a turnaround from the earlier discordant notes across the economic spectrum, he said.
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