Mon.Aug 07, 2023

article thumbnail

Tech hirers are pulling back from remote work postings

CFO Dive

The share of tech job postings that are for remote positions declined to 18.6% in May after hitting a post-pandemic peak of 24% last August, according to JLL and Lightcast.

225
225
article thumbnail

Should I Sell My Company Now?

CFO Simplified

Many business owners want to know if it is time to sell their company. While it is a good question to ask, it is usually not asked often and early enough in the development and management of a company. Too often business owners are forced to make exit decisions without any advance planning based on factors that are largely out of their control including health, divorce, and owner disputes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

C-suite execs waver on AI amid regulatory uncertainty: KPMG

CFO Dive

The technology is drawing close scrutiny in Washington over concerns that it poses risks in areas such as data privacy and security.

article thumbnail

NFRA chief stresses on audit documentation

CFO News

Amid instances of auditing lapses at companies and the regulator taking action against erring auditors, NFRA Chairperson Ajay Bhushan Prasad Pandey on Monday stressed on the need of audit documentation. Basically, the audit documentation is the evidence of the auditor's work supporting the conclusions and opinions given in the audit report.

article thumbnail

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

article thumbnail

Synchronized financial systems break down silos and enable enterprise agility

CFO Dive

Leaders should consider three actions to enable enterprise agility and break down siloes.

More Trending

article thumbnail

Daimler Truck CFO dies in ‘tragic incident’

CFO Dive

Jochen Goetz, 52, spent his entire professional career of 36 years at the German automaker.

CFO 239
article thumbnail

The Latest In Financial #AdvisorTech (August 2023)

Nerd's Eye View

Welcome to the August 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, underlying trends, and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news that estate planning platform Wealth.com has launched Ester, an AI-driven 'legal assistant' that uses machine learning to help advisors quickly review and extract the key information from clients' estate plan

article thumbnail

Tesla CFO, ‘Master of Coin,’ resigns after 13 years with company

CFO Dive

The automaker’s chief accounting officer, Vaibhav Taneja, took over on Aug. 4, replacing Zachary Kirkhorn.

CFO 130
article thumbnail

Tesla appoints Vaibhav Taneja as CFO

CFO News

Tesla's Chief Accounting Officer for last four years Vaibhav Taneja succeeds Zachary Kirkhorn as the CFO of the organisation.

CFO 98
article thumbnail

How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

article thumbnail

Move On From Legacy Reports, Then Watch Adoption and Usage Double

Collectiv

Managing multi-million commercial real estate development projects is a massive responsibility. But making sound financial decisions is arguably one of the most important considerations. Enterprises must use the right reporting tools to generate insights and leverage vast amounts of financial data effectively. With strong financial analytics processes, organizations can make confident, data-informed decisions and improve their overall financial health.

article thumbnail

India Inc CFOs for lowering peak income tax rate of 42%, widening tax net

CFO News

Finance heads bat for a relook at personal income tax structures and overall reforms in the structure of GST.

Finance 98
article thumbnail

Data science and machine learning: Top trends shaping its future

Future CFO

Data science and machine learning is evolving from just focusing on predictive models, toward a more democratised, dynamic and data-centric discipline, said Gartner recently. “This trend is now also fuelled by the fervour around generative AI,” Peter Krensky, Director Analyst at Gartner noted. “While potential risks are emerging, so too are the many new capabilities and use cases for data scientists and their organisations when it comes to data science and machine learning.

article thumbnail

Post Supreme Court ruling, banks turn wary of declaring accounts as 'wilful default'

CFO News

Indian banks have refrained from declaring overdue loan accounts as fraud as the Supreme Court’s decisions make it obligatory for lenders to provide borrowers an opportunity to represent themselves before naming accounts as fraud. The lenders have made provisions instead of declaring accounts as wilful defaults. The RBI has sought comments from banks on legal and operational issues on the common detection mechanism of wilful defaulters.

article thumbnail

Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

article thumbnail

You have never been to an event like this before.

The Reformed Broker

You have never been to an event like this before. This is the one. You’ll be telling your colleagues years from now that you were there. Why am I so sure of this? We built it that way. That’s the purpose. You can earn continuing education credits on the internet, who cares. This is for people who want more out of their careers. Who want to network with the best practitioners in the space and learn from them.

article thumbnail

PwC resigns as auditor of Paytm Payments Services Limited

CFO News

Price Waterhouse Chartered Accountants Llp (PWC) has resigned as auditor of Paytm Payments Services Limited (PPSL) from August 7, 2023, due to changes in auditors at the holding company level. PPSL has announced the appointment of S.R. Batliboi & Associates LLP as the new Statutory Auditors with immediate effect.

article thumbnail

Using AI to Maximize Impact for Nonprofits

The Charity CFO

Brace yourselves, Nonprofit Leaders! Artificial intelligence is advancing incredibly quickly. We promise it’s not as scary as it sounds, and it’s already changing the game in every industry, including nonprofits. Fortunately, savvy nonprofit leaders will be able to harness the power of AI to maximize their impact on the causes that matter to them. Understanding AI in Nonprofits First things first, let’s demystify Artificial intelligence (AI for short).

article thumbnail

Moonlighting employees under tax scanner

CFO News

The Indian income-tax department has issued notices to professionals who have earned additional income outside their normal salary but failed to declare it in their tax returns. The majority of the notices were issued for financial years 2019-2020 and 2020-2021 and relate to income such as moonlighting that was higher than salaries declared.

52
article thumbnail

How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

article thumbnail

Get Paid in 20 Seconds

CFO Simplified

If I told you there’s a service that your customers can use to send you money with confirmed, usable cash in your account in 20 seconds, would you use it? What about if a unique supplier — the only one with the item that you need — won’t ship until they have money in hand? And it’s Saturday, the bank’s closed and there’s only 20 minutes left before the FedEx truck leaves their dock.

CFO 52
article thumbnail

Laptop, tablet sales jump on import curbs

CFO News

Online platforms such as Amazon running its Independence Day sales saw a surge in laptop sales following the government announcement, industry executives said. The sales momentum is continuing even on Monday, retailers and brands said.

Sales 52
article thumbnail

Compliance management: Build a culture of compliance on your FP&A team

Cube Software

What is compliance management? Compliance management is the process of ensuring your organization operates within applicable laws, regulations, and standards.

article thumbnail

Demand for essential items at decade-high levels

CFO News

Sales of daily groceries and essentials increased 8.5% YoY between April and June; the highest increase in a decade. FMCG sales was up 5.3% in rural markets and 12% in cities from a year earlier. However, consumption in villages only grew by 2%. Analysts believe the high increase in sales was largely due to the government offering free food grains, notably atta, which saw a growth of 8.5% during the quarter.

Sales 52
article thumbnail

Accounting Software and ERP Readiness Guide

In this white paper, we explore the factors to consider in deciding whether the time is right for your Company to consider a new ERP or accounting software, the total cost of ownership and plans necessary to make the potential leap to these systems.

article thumbnail

The benefits of automated compliance management systems in FP&A

Cube Software

What is compliance management? Business regulation is a growing concern for companies of every size and industry. Compliance management programs check a company’s adherence to internal and external regulations. This includes internal controls, applicable laws, tax and finance regulations, and relevant industry standards.

article thumbnail

Another Jhunjhunwala long bet blooms with Concord Biotech offer

CFO News

The ace investor often called India's Warren Buffet, first invested in Concord in 2004 and later helped the company's founder in buying back the company from pharma major Mylan in 2009.

article thumbnail

Transcript: Dan Harris

Barry Ritholtz

 The transcript from this week’s, MiB: Dan Harris, 10% Happier , is below. You can stream and download our full conversation, including any podcast extras, on iTunes , Spotify , Stitcher , Google , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ ANNOUNCER: This is Masters in Business with Barry Ritholtz on Bloomberg Radio.

article thumbnail

Byju’s, Davidson Kempner in talks to settle dispute

CFO News

Byju’s and New York-based investor Davidson Kempner Capital have begun negotiations to settle their dispute over the breach of a loan covenant linked to the Indian edtech company’s test preparation subsidiary, Aakash Institute.

52
article thumbnail

Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.