CFO Dive

AUGUST 17, 2023

Ex-CFO Paul Schwartz is seeking damages including back pay and lost wages after alleging he was forced out of his role following a 2022 injury.

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CFO 226

CFO News

AUGUST 17, 2023

The RBI's move comes as part of its ongoing efforts to ensure that borrowers are treated fairly and to address customer grievances arising from divergent practices in the imposition of penal charges.

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CFO Dive

AUGUST 17, 2023

Auto manufacturers are key customers for freight rail operator CSX, but CFO Sean Pelkey is betting that any strike would be “short lived.

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CFO Manufacturing 221

CFO News

AUGUST 17, 2023

Uno Minda: The auto component maker plans to file claims under production-linked incentive scheme this quarter, says Sunil Bohra.

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Marketing CFO Planning 98

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.

Accounting

CFO Dive

AUGUST 17, 2023

The former CFO of Malvern Bancorp failed to maintain accurate books and records and implement effective internal controls over financial reporting, the SEC found.

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CFO Banking Financial Reporting 196

CFO Dive

AUGUST 17, 2023

A robust job market and persistent economic growth have not silenced alarms of an imminent downturn.

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Economics Marketing 227

CFO News

AUGUST 17, 2023

"The vulnerability of the economy to recurring incidence of vegetable price shocks, especially ahead of and during the monsoon, warrants major reforms in perishable supply chains covering transportation networks, warehousing and storage technologies, and value addition processes that damp the amplitude of these swings," the central bank report said.

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Transportation Banking Technology 52

CFO Dive

AUGUST 17, 2023

"Ultimately, the power of generative AI or any technology is only as good as the data that powers it," CEO Doug McMillon said Thursday.

Prioritization 130

Prioritization Technology 130

CFO News

AUGUST 17, 2023

The Reserve Bank of India (RBI) has stated that it is likely to return the impounded funds related to the temporary increase in cash reserve ratio ahead of advance tax outflows from the banking system and well before the pick-up in the demand for bank credit. The RBI had asked banks to maintain an additional cash reserve ratio (CRR) of 10% on an increase in deposits between May 19 and July 28 in the August 11th monetary policy decision.

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Banking 52

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Future CFO

AUGUST 17, 2023

When it comes to planning and budgeting, Forrester advised that more realistic budget expectations will serve leaders well as they enter 2024 though now is not the time to hunker down, as stakeholder expectations for growth remain steadfast. In addition, to accelerate growth and keep pace with the evolving expectations of empowered digital customers, leaders should consider investing in and experimenting with AI in terms of planning and budgeting, the firm noted.

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Budgeting Investments Planning B2B 52

CFO News

AUGUST 17, 2023

Cotton textile and garment exporters in India anticipate an 8-10% increase in outbound shipments in the coming months due to the holiday season in developed markets being expected to bring relief, even as apparel exports continue to decline. Due to inflation and economic slowdowns, many clients have deferred order placements or requested lower prices, causing the apparel export sector to slump.

Economics 52

Economics Marketing 52

Spreadym

AUGUST 17, 2023

A financial reporting dashboard is a visual representation of financial data and key performance indicators (KPIs) presented in a consolidated and easily digestible format. It is a tool used by businesses and organizations to monitor and analyze their financial performance, track important metrics, and make informed decisions based on real-time or near-real-time data.

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Financial Reporting CFO Cash Flow Forecasting Budgeting 52

CFO News

AUGUST 17, 2023

The Reserve Bank of India on Thursday approved for the appointment of P R Seshadri as Managing Director & CEO of South Indian Bank for a period of three years with effect from October 1, 2023. He has a Bachelor’s degree in Electrical Engineering from the Delhi College of Engineering and a Post Graduate Diploma in Management from Indian Institute of Management, Bangalore.

Banking 52

Banking 52

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.

Planning

CFO Thought Leader

AUGUST 17, 2023

GUEST CFO: Scott Bennion of Paystand 925: A.I. and the Hands of Time | Scott Bennion, CFO, Paystand At Avalara, we’re building cloud-based tax compliance solutions to handle every transaction in the world. Imagine every transaction you make — every tank of gas, cup of coffee, or pair of sneakers, every movie ticket, meal kit, or streamed song, every sensor-to-sensor ping.

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CFO Leadership Compliance Finance 52

CFO News

AUGUST 17, 2023

The RBI has issued a circular on August 18, 2023 to penal charges that banks and other lending institutions can charges in case of non-compliance of loan contract with the borrower. The new guidelines will be effective from January 1, 2024.

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Banking Compliance 52

The Reformed Broker

AUGUST 17, 2023

Final Trades: Apple, 3M & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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CFO News

AUGUST 17, 2023

The central bank said the intent of levying penal interest/charges is essentially to inculcate a sense of credit discipline and such charges are not meant to be used as a revenue enhancement tool. The new arrangements shall come into effect from January 1, 2024.

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Banking 52

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

Finance

Barry Ritholtz

AUGUST 17, 2023

There is a particular type of analysis I keep seeing that can mislead investors. It’s an important, single data point, but one that is lacking in context. This seems to be an oversimplification that many investors have as their default setting. It’s like a bad syllogism : Observe a Single Data Point; Reach a broad conclusion about it; Express this in a trade or investment idea The problem with any single data point is that the real world is complicated, messy, and filled with randomness an

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Economics Investments Finance 52

CFO News

AUGUST 17, 2023

We are going to deliberate upon many relevant subjects, from Decoding changing contours of lending to Unconventional Wisdom - Companies Surviving and thriving in a flux. From CFO Mindset - analytics conundrum, power of AI unlocking growth and Emergence of ESG compliances to CFOs’ future strategy. We are excited to listen to Mr Ajay Bhushan Pandey, the Chairman of NFRA, which is one of the important regulators that CFOs follow.

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Compliance CFO 52

Barry Ritholtz

AUGUST 17, 2023

My morning train WFH reads: • What recession? This summer’s economy is defying the odds. Americans still have jobs and are continuing to spend — on plastic surgery, motorcycles and cruises — leading many to revise their doom-and-gloom forecasts. ( Washington Post ) • The Anti-California: How Montana performed a housing miracle : Montana had a supply crisis.

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Math Construction Forecasting Economics 98

CFO News

AUGUST 17, 2023

The National Company Law Appellate Tribunal (NCLAT) on Thursday agreed to hear IDBI Bank’s plea against Zee Entertainment in payment dispute case on August 31, 2023. Earlier, on August 2, the hearing on bank's plea was deferred by the NCLAT till August 17. ​​The private lender has challenged an NCLT order, which had on May 19 rejected its plea to initiate insolvency proceedings against the media major.

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Entertainment Banking 52

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Accounting

CFO News

AUGUST 17, 2023

The National Company Law Tribunal (NCLT) on Thursday issued notice to Go First in Delhivery case after the settlement talks between the two entities reportedly failed. ​​The resolution professional for Go First has been given two weeks time to file reply to notice.

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CFO News

AUGUST 17, 2023

Deloitte Haskins said it quit because it is not a statutory auditor of a substantial number of other Adani Group companies, indicating a limited scope. ​Adani Ports found Deloitte’s resignation reason "not convincing" ETCFO spoke with industry experts and governance observors to decode Deloitte's resignation letter as well to understand the implications of this event for both Adani Group and the auditing community.

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Auditing Numbers 52

CFO News

AUGUST 17, 2023

In a regulatory filing, AGEL said it holds 26% shares of MSEL through its wholly-owned subsidiary Adani Renewable Energy Holding Four Limited.

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CFO News

AUGUST 17, 2023

Indian shoemaker Bata is in talks with footwear giant Adidas for a strategic partnership for the Indian market.

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Marketing 52

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