Wed.May 03, 2023

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Yes Bank partners with Cashfree Payments to offer international payment collection service to Indian exporters

CFO News

The joint product allows global collections in more than 30 currencies up to the equivalent of $10,000.

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Guess taps Hugo Boss alum for CFO seat

CFO Dive

The appointment of Markus Neubrand, a former CFO of Hugo Boss Americas, follows a “rigorous” search process, Guess CEO Carlos Alberini said.

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Trending Sources

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Press Pause

Barry Ritholtz

At least they told us what they were going to do. As much as critics of the Federal Reserve have been up in arms over the fastest rate hiking cycle in modern history, no one can claim it to be a surprise. Jerome Powell & Co. have continually warned that they are aggressively fighting inflation with a 5% target. They said it in Fed minutes, they said it in pressers, they said it in speeches; we just took them figuratively, not literally.

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RS Group CFO resigns over relationship with colleague

CFO Dive

A month following a C-suite shakeup, RS Group’s CFO is resigning due to a relationship with an employee.

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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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The 10 Greatest US Investors and the Virtues That Made Them

CFA Institute

Mark J. Higgins, CFA, CFP, serves as a senior vice president for IFA Institutional where he specializes in providing advisory services to institutional plans, such as endowments, foundations, pension plans, defined contribution plans, and various corporate plans. In this role, he leverages more than 14 years of relevant experience consulting for both small and multi-billion-dollar plans.

More Trending

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Apple Opens High Interest Savings Accounts

Global Finance

After disrupting most of the tech and digital world over the past few decades, Apple is now turning to the banking sector. The Cupertino, California-based iPhone maker recently teamed up with Goldman Sachs to launch a high-yield savings account, promising.

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Tesla details its supply chain emissions for the first time

CFO Dive

The EV maker released an estimate of its Scope 3 footprint, while also delving into its efforts to source minerals responsibly.

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HSBC’s Future Is On The Line

Global Finance

Ping An Insurance of China, one of the world’s biggest insurers and a major HSBC stakeholder, has been pushing for a break-up of the Group’s Asian and UK operations.

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10 Wednesday AM Reads

Barry Ritholtz

My mid-week morning train reads: • This company adopted AI. Here’s what happened to its human workers : Economists found AI caused a group of workers to become much more productive. Backed by AI, these workers were able to accomplish much more in less time, with greater customer satisfaction to boot. At the same time, however, the study also shines a spotlight on just how powerful AI is, how disruptive it might be, and suggests that this new, astonishing technology could have economic effe

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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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Private Equity’s Dry Powder

Global Finance

PE firms are attempting to navigate a barren M&A landscape, with trillions in capital ready to deploy. But where?

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Auditor named in Hindenburg report resigns from Adani Total Gas

CFO News

Shah Dhandharia & Co, has resigned as the statutory auditor of Adani Total Gas with effect from May 2, the company said in a regulatory filing.

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EY Scraps Breakup Plans—For Now

Global Finance

EY, one of the “Big 4 Four” auditors, is postponing plans to split its auditing and consulting units. The firm’s global executive committee remains “committed to creating two world-class organizations that further advance audit quality, independence and client choice.” Codenamed.

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Tech M CFO says technology investments to continue, upskilling top focus

CFO News

Rohit Anand says hiring would be in line with the revenue and the demand environment even as efforts would be on driving programs in training initiatives to get more success at redeploying people with skills in emerging technologies.

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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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Softbank Continues Arm Wrestle

Global Finance

To help beef up Arm’s potential earnings ahead of an IPO, Softbank appears to be tinkering with Arm’s unique selling point.

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Level Up Your Corporate Finance Team with ERP Banking

FISPAN

In today's fast-paced business environment, it's crucial for companies to utilize the skills of their teams effectively. Aligning team members in the right way not only saves time and money, but also helps organizations reach their goals. Enterprise Resource Planning (ERP) Banking has become a critical tool in this effort.

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Azure Power Global appoints ex-Schneider exec Sugata Sircar as Group CFO

CFO News

Sircar has over 32 years' experience, of which more than 20 years have come as CFO.

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Foster More Productive Client Meetings By Mitigating Interruptions Based On (Conversational) ‘Intensity Level’

Nerd's Eye View

While interruptions within conversations occur frequently, the type of interruption can affect the content and flow of the dialogue that follows. For instance, if an interlocutor interrupts a speaker with a totally unrelated question or line of thought, the interruption not only has the potential to frustrate the speaker but can also cause them to lose their train of thought.

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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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IL&FS fraud case: Supreme Court allows SFIO to prosecute auditors

CFO News

The Supreme Court has overturned a Bombay High Court ruling to allow the Serious Fraud Investigation Office to resume criminal proceedings against BSR & Associates and Deloitte for their role in the near-collapse of India's IL&FS Group in 2018. The auditors had failed to detect the conglomerate's financial inconsistencies, the SFIO had claimed.

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Thailand employers progress on work flexibility

Future CFO

Thailand employers progress faster than global peers in terms of work flexibility, said Mercer recently when releasing results of its Global Talent Trends Study 2023. According to the study, 61% of Thailand employers surveyed offer flexible work options for all employees, higher than Asia (50%) and Global (56%) averages. Study highlights To combat the impact of inflation, more Thailand employers (27%) adjusted pay or offered cost-of-living adjustments to employees paid below the market median, c

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Fed hikes rate by 25 bps but signals possible pause in tightening cycle

CFO News

The increase lifted the Fed’s benchmark federal funds rate to a target range of 5% to 5.25%, the highest level since 2007, up from nearly zero early last year. The vote was unanimous. US equities maintained gains, while Treasury yields and the dollar declined.

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Maximizing Value in Private Equity Investments 

E78 Partners

Leveraging E78’s Comprehensive Due Diligence Process Due diligence is a critical aspect of private equity investments, as it allows investors to thoroughly evaluate potential opportunities and mitigate the risks associated with their investments. E78 Partners is a leading professional services firm, specializing in comprehensive due diligence services by leveraging our expertise across Technology, Financial Services, and Private Equity teams.

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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.

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Not all rainbows and unicorns: Over half the employees of top 24 startups explore new jobs

CFO News

More than half of the employees at India's top 24 unicorns are seeking jobs elsewhere as they fear increasing job insecurity and possible layoffs, according to a survey commissioned by ET. The 24 unicorns, 12 of which have the highest profitability and 12 with the highest headcount, collectively employ over 240,000 white-collar workers.

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Meet the Maestros – Customer Series – Urban Ventures

Centage

with Renee Sherman, Vice President of Finance Seamless Integration and Greater Detail Leads to Better Scenario Planning for Personnel Q: Can you tell us a little about your organization? Urban Ventures is a nonprofit social services organization that provides ‘cradle-to-career’ support for youth and families in one of Minneapolis’ most under-resourced neighborhoods.

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Bombay High Court appoints arbitrator in Max Healthcare vs Care Hospitals dispute

CFO News

The Bombay High Court has appointed retired Justice SJ Kathawalla as a sole arbitrator for a dispute between Max Healthcare Institute and Care Hospitals. The move came after Max Healthcare cited a breach of term sheet clauses and a commercial agreement, as well as contractual rights. Max Healthcare had given a non-binding offer to TPG. The Max offer valued Care Hospitals at INR37bn ($496m), excluding Bangladesh assets.

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Budget variance analysis: did you stick to your budget?

Cube Software

What is budget variance analysis? Budget variance analysis is a fancy term for when management compares a company’s budget to what was actually spent.

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Doing More With Less: The Modern Finance Miracle

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.