Sun.Dec 04, 2022

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Sports Finance: The New Corporate Trophies

Global Finance

While US sports deals are few and far between, investors have a better chance to score abroad.

Finance 137
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What India Inc CFOs make of slower Q2 GDP growth

CFO News

Most finance heads vouch for the India growth story and say prospects in the medium to long term are intact. However, they are worried about inflation and recession.

Finance 130
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Trending Sources

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Real Progressives Would Support Bitcoin and the Crypto Economy…

CFO News Room

When political progressives address topics like inflation, taxes, or corporate wrongdoing, they claim to speak for the people. Whether it’s the working class or minorities, progressives aim to shape government policy to protect those at constant risk for exploitation. But when these same individuals, such as U.S. Senator Elizabeth Warren (D-MA) , turn their focus to innovative technologies like Bitcoin and its crypto offspring (cryptocurrencies with immense potential to empower middle and lower-

Economics 130
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Healthy Eating

Barry Ritholtz

Those regional differences from the ideal are eye-opening! Source: Nature. The post Healthy Eating appeared first on The Big Picture.

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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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November job growth slowed but will still show strength despite layoffs

CFO News Room

Workers sort packages at a FedEx Express facility on Cyber Monday in Garden City, New York, on Monday, Nov. 28, 2022. Michael Nagle | Bloomberg | Getty Images. Job growth in November was expected to have slowed while remaining strong, even in the face of layoffs and job freezes at major companies. The economy is expected to have added 200,000 jobs, less than the 261,000 in October, according to Dow Jones.

More Trending

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When Someone Asks Your Opinion, Give It

CFO News Room

Whether your colleague is asking for input on a joint decision or a friend is simply curious about what kind of music you prefer, it’s common for people to intentionally withhold their opinions and preferences out of a desire to appear easygoing and cooperative. However, the authors’ research suggests that this approach can seriously backfire: Through a series of studies with more than 7,000 participants in a wide range of interpersonal situations, the authors found that failing to weigh in can

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India's services sector expands at fastest pace, business inflows highest in November

CFO News

S&P Global India Survey showed that new orders placed with service providers in India rose for the sixteenth consecutive month in November and the rate of expansion was marked at the fastest since August.

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7 Common Equipment Financing Mistakes to Avoid for Your Business

CSC Advisors

You're about to sign the agreement for your equipment financing. You think everything is going great, and then you realize that you didn't do as much research as you could. Do you still sign the agreement? The answer is no! There are so many equipment financing mistakes you need to avoid when finding a lender, and step number one is to find a lender after doing enough research.

Finance 52
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Power Grid to separate telecom business, gets nod to foray into data centre biz

CFO News

The move by the state-run power transmission major comes close on the heels when the telecom sector is ramping up its 5G service across the country to bring business transformation that can contribute two per cent to the national GDP.

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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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Jedox platform release 2022.4 includes heatmaps and simplified dashboards to share insights across the organization

Jedox Finance

The Jedox platform 2022.4 release introduces a new heatmap visualization that builds upon the popularity of the recent addition of waterfall charts to the planner’s storytelling toolkit. This new chart type empowers integrated business planning (IBP) storytelling by clarifying patterns emerging from underlying data. Management and stakeholder reporting can now feature visualizations from multiple Jedox Web Spreadsheets within a single sharable, responsive Canvas report or dashboard.

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As talent demand soared, Accenture promoted 60,000 in India in FY22

CFO News

Accenture has promoted over 60,000 employees in India, out of the 157,000 promotions it rolled out globally in the 2022 financial year, sources told TOI. The promotions are effective December 1. In the year before, Accenture promoted 80,000 employees globally and TOI had reported that over half of those were from India. Accenture has over 3 lakh employees in India.

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Wide sustainability expectation gap between CFOs and investors

Future CFO

There’s a wide sustainability expectation gap between CFOs and investors, according to a EY survey. This existing gap threatens to stifle access to capital for many organisations and could hinder progress on decarbonisation, the firm said. The Global Corporate Reporting Survey canvasses the views of 1,040 CFOs and other senior finance leaders, and 320 institutional investors around the world, EY noted.

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NTPC Green Energy likely to get strategic investor by March

CFO News

The company wants to raise ?2,000 crore to ?3,000 crore through this transaction, which is likely to be completed during this fiscal year or by March 2023," a source said.

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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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Sustainability insights from EY ASEAN partners: Part two

Future CFO

EY ASEAN partners shared their views on the drivers for climate action and how asset managers can lead the way in advancing the sustainability agenda and devising a robust net zero strategy. The post Sustainability insights from EY ASEAN partners: Part two appeared first on FutureCFO.

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FPIs turn net buyers in Nov; invest Rs 36,329 cr in equities

CFO News

This was the third month (July, August and November) in this year when FPIs witnessed net inflows. Moreover, they started the month of December on a positive note.

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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • Who Could Have Possibly Predicted The Bull Testicle Guy Was Juicing? Having read all that, would you be surprised to learn that this guy is extremely lying about the source of his pneumatic physique? Johnson has defended his nattyness on a bunch of the aforementioned dumb-guy podcasts, joking, “I’ll be honest, I take PEDs: I prioritize, execute and dominate every f **g morning.” ( Defector ). • The dirty

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Reserve Bank of India may opt for a smaller rate hike this week, say experts

CFO News

Nine out of 10 banks polled by ET expect the central bank to hike rates by 35 basis points - 0.35 of a percentage point - or less at the December 5-7 meeting of the monetary policy committee (MPC). While five of the nine predict a rate increase of 35 bps, two expect it will be in a range of 25-35 bps, another two project a 25 bps hike.

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.

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Links 12/4/2022 | naked capitalism

CFO News Room

Bats growl like death metal singers to communicate with each other CNBC (IM). NASA’s going back to the moon and must confront a familiar enemy: Dust LA Times. Credit cards as a legacy system Bits About Money. 2FA issues. Perhaps readers who bank will wish to weigh in. Climate. Make ecocide an international crime and other legal ideas to help save the planet Steven Donzinger, Guardian (Carla).

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Canteen fees: Conflicting GST rulings puzzle cos

CFO News

While advance rulings do not set a judicial precedent, they do have a persuasive value in the course of assessments.

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India to advocate a sense of oneness at G20: Sherpa Amitabh Kant

CFO News

The sherpa meetings will work towards building consensus on key cross-cutting issues, which will be discussed in the various G20 work streams for inclusion in the Leaders’ Declaration, which will be tabled at the G20 Summit in New Delhi next year, Kant said.

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Becoming the next China won’t blunt India’s 2023 slowdown

CFO News

Global manufacturers have taken note of the violent protests by locked-down workers at Apple Inc.’s most important iPhone assembly plant in China.

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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.