Tue.Jul 09, 2024

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Boeing would become a felon under DOJ plea deal

CFO Dive

The aerospace and defense giant would plead guilty to one criminal count, pay a $244 million fine and operate under an oversight monitor for three years.

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1,015: Aligning Investor Narratives With Operational Strategy | Mark Khavkin, CFO, MinIO

CFO Thought Leader

Mark Khavkin tells us that from the very beginning of his career journey—a 2008 role as an investment professional with a European private equity firm—he was able to gain experience in board strategy, investor relations, and entrepreneurial exploration. This foundation allowed him to read boardroom dynamics from very early on and prepared him to anticipate a variety of operational perspectives that would set the stage for his path forward.

CFO 52
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Trending Sources

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How CFOs can leverage AI in spend management

CFO Dive

AI can sift through tons of data in seconds, streamlining tax calculations in the employee expense process, among other benefits, writes SAP Concur’s Chris Juneau.

Leverage 260
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FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 06/2024 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 06/2024”. The Monitor is a monthly published overview of venture capital trends in. Read more The post FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 06/2024 published appeared first on FCF Fox Corporate Finance GmbH.

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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

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Powell spotlights risks to jobs, wants more gains against inflation

CFO Dive

The job market in recent months has shown signs of returning to its pre-pandemic trend, with demand for labor easing and unemployment rising to 4.1% in June.

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More Trending

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Naked Wines replaces SVB credit facility as CFO exits

CFO Dive

The subscription-based retailer’s $60 million new credit facility with PNC Bank will be secured by its global wine assets.

CFO 264
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My schedule … and what’s coming up

Tips Watch

By David Enna, Tipswatch.com Here we go again. Yes, I am traveling again for the next three weeks through the European Alps: Switzerland, France, Italy and Austria.

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Aligning finance, operations key for best tech practices: LogicSource

CFO Dive

To find the right technology solution, finance and operations first need to be aligned on the problem, LogicSource’s Jo Seed says.

Finance 231
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FIVE Holdings appoints Kallol Kundu as new CFO

CFO News

In his new role, Kallol will succeed Jaydeep Anand, who will transition to the position of Chief Development Officer while retaining his responsibilities as Chief Sustainability Officer. As CFO of FIVE Holdings, Kallol will play a role in advancing the Group's digitalisation initiatives.

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How To Streamline Finance Operations Through Automation

Speaker: Claire Grosjean

In today’s fast-paced business environment, finance professionals are under increasing pressure to optimize operations and drive strategic value. As a result, automation has become a core part of business strategy, offering unprecedented opportunities to streamline operations and drive efficiency. Join esteemed global finance and operations executive, Claire Grosjean, for a comprehensive guide on how to harness automation’s power through strategic collaboration with functional leaders.

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ISCA launches new corporate governance initiative

Future CFO

The Institute of Singapore Chartered Accountants launched its new "Do Good" initiative for corporate governance among Trade Associations and Chambers (TACs) and charity boards. The new project seeks to support the boards and councils of more than 2,000 registered charities and 300 TACs, with potential cost-savings of S$15 million. Teo Ser Luck Under the initiative, ISCA and SAC Capital will subsidise 50% of the Board of Directors Masterclass programme for TACs and charity boards to enhance their

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Reliance, Tata, Maruti & others rally veterans to now defend the giants' next growth phase

CFO News

Indian companies, including Reliance Industries and Tata Group, are leveraging the talent of ex-service personnel for their unique skills and capabilities. With a focus on fitness, discipline, crisis management, and execution rigour, these veterans are filling skill gaps in various sectors such as logistics, engineering, and administration.

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It’s Only a Point…

Barry Ritholtz

A quick break from book duty and doing our quarterly client call to share this fascinating discussion from tennis great Roger Federer: “In the 1,526 singles matches I played in my career, I won almost 80% of those matches… What percentage of the POINTS do you think I won in those matches? Only 54%.” -Roger Federer This is one of those great commencement addresses that will only gain stature over time.

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Budget 2024: Govt may relax 45-day payment rule for MSMEs

CFO News

The government is considering relaxing the 45-day payment requirement to MSMEs to prevent large corporations from seeking other sourcing options. This potential change to Section 43B(h) of the Income Tax Act might be announced in the upcoming Budget on July 23. Last year's Budget introduced this clause to ensure timely payments to MSMEs, penalizing larger companies for delays by disallowing tax deductions on unpaid expenses.

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Empowering Business Travel: The CFOs Guide

Business travel is more than just a line item. It’s a strategic opportunity to align with your company’s goals and empower your employees. With 60% of employees dissatisfied with the ease of booking and modifying travel plans, there’s a significant opportunity to improve travel management. This one-pager explores how to transform travel into a powerful tool for organizational success.

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#FASuccess Ep 393: Taking The Risk Of A Multi-Million-Dollar Succession Loan To Make The Business What You Want It To Be, With Alex Lewis

Nerd's Eye View

Welcome everyone! Welcome to the 393rd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Alex Lewis. Alex is the owner of Blackbridge Financial, a hybrid advisory firm based in Irmo, South Carolina, that oversees approximately $330 million in assets under management for 415 client households. What's unique about Alex, though, is how, at age 29, he took on a multi-million-dollar loan to purchase the firm from its founder as his successor, and, in the 4 years since,

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Insolvency law fosters healthy credit culture: NFRA chief Pandey

CFO News

On Tuesday, Ajay Bhushan Prasad Pandey, chairman of the National Financial Reporting Authority (NFRA), emphasized the importance of insolvency law for a healthy credit culture and its role in unlocking capital from unviable businesses for productive use through the resolution of bankrupt firms' stress. He highlighted that the Insolvency and Bankruptcy Code (IBC) has a significant role in strengthening the economy beyond just enabling lenders to recover dues from corporate debtors.

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EU Companies Bet Big On Egypt’s Future

Global Finance

Can a new wave of FDI help Egypt to diversify and modernize its economy? At a bilateral investment conference in Cairo on July 1, European Commission President Ursula von der Leyen announced that European companies were signing deals for more than $43 billion with Egyptian companies “ranging from hydrogen to water management, from construction to chemicals, from shipping to aviation and to automotive.

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PLI booster: Telecom equipment manufacturing sales cross Rs 50,000 crore

CFO News

The telecom equipment manufacturing sales have crossed Rs 50,000 crore under the production-linked incentive (PLI) scheme, creating more than 17,800 direct jobs and many more indirect jobs, the government said on Wednesday.

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How to Avoid Getting "Ghosted": Top 3 Secrets to Staying Relevant with Gen Z

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

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Finance Commission sets up advisory panel

CFO News

The 16th Finance Commission has set up a five-member advisory council comprising economists D K Srivastava, Neelkanth Mishra, Poonam Gupta, Pranjul Bhandari and Rahul Bajoria.

Finance 40
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FSSAI cancels manufacturing licences of 111 spice producers across India

CFO News

Food Standards Agency had issued alerts for ethylene oxide in Indian spices before January 2023. FSSAI confirmed the safety of popular brands MDH and Everest, with no presence of the chemical in tested samples, ensuring consumer confidence in these products.

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CFOs must embrace transparency, auditors discern regulatory intent: RBI DG Swaminathan

CFO News

CFOs have the key levers of financial strength in one place, probably next only to the CEO while bank’s Statutory Auditors being most critical line of assurance for a Regulator, remarked RBI DG. At the RBI Conference, Swaminathan J underlines the role and expectations of CFOs and Auditors.

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Governance: The Pillar of Startup Success

CFO News

In this insightful article, Sandip Khetan and Sagar Lakhani of Uniqus Consultech delve into the indispensable role of governance in fostering trust, transparency, and long-term success within India's dynamic startup ecosystem.

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Navigating the Automation Landscape: Selecting Tools That Fit Your Business

Speaker: Gary Dmitriev

Our upcoming webinar aims to demystify the process of selecting and implementing automation tools for financial institutes. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals. We’ll also address the critical issue of innovation fatigue, offering tips on maintaining enthusiasm and momentum for new initiatives.

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Auditor's role must transcend from verification to assessing material risks: RBI DG Rao

CFO News

RBI’s Deputy Governor M Rajeshwar Rao said that the role of auditor must transcend from just verifying financial statements to holistically assess material risks being posed by the business operations and business model being pursued by the entity.

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Budget 2024-25 eyes GST reforms, boost for renewable energy

CFO News

Recommendations by NSEFI include maintaining the exemption from basic customs duty on imports of key renewable energy components such as wafer, ingots, and polysilicon.

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Geojit Financial Services CFO Mini Nair supports SEBI's 'True to Label' pricing rules, sees challenges for discount brokers

CFO News

Nair said new SEBI regulations enhance transparency and customer protection while noting their minimal impact on Geojit's business model.

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Cognizant CFO Jatin Dalal settles lawsuit with Wipro; pays Rs 4 crore in settlement

CFO News

CFO: Cognizant has also announced the resolution of the lawsuit involving former Wipro senior vice president Mohammad Haque.

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Secure SaaS Success: Embedded Finance as a Competitive Advantage

Speaker: Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms

Join us for an exclusive webinar hosted by Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms, where he’ll explore the significant impact of embedded finance on the software industry! This session is designed to provide you with the strategic insights needed to navigate the future of SaaS successfully, all while gaining a deeper understanding of how these trends can enhance your competitive edge, boost revenue, and deepen customer loyalty.