Tue.Dec 27, 2022

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Southwest, Peloton, Tesla, Herbalife and more

CFO News Room

Southwest Airlines aircrafts are seen at Baltimore/Washington International Thurgood Marshall Airport (BWI) on December 22, 2021 in Baltimore, Maryland. Alex Wong | Getty Images. Check out the companies making headlines in midday trading. Southwest — Shares dropped more than 4% after the company canceled 70% of its scheduled flights and warned that mass disruptions would continue “for the next several days.” Airlines had canceled thousands of U.S. flights over the last week in the

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Wrap 2022: India Inc’s most discussed CFO appointments this year

CFO News

From Auto to Aviation and Fashion to Finance every sector witnessed a shuffle in the top position in the Finance domain – the CFO. The story behind the new entrant in this position has been vibrant. Some were appointed amid internal controversies while others post-smooth retirement.

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Democracy Made a Comeback in 2022

CFO News Room

William A. Galston writes the weekly Politics & Ideas column in the Wall Street Journal. He holds the Ezra K. Zilkha Chair in the Brookings Institution’s Governance Studies Program, where he serves as a senior fellow. Before joining Brookings in January 2006, he was Saul Stern Professor and Acting Dean at the School of Public Policy, University of Maryland, director of the Institute for Philosophy and Public Policy, founding director of the Center for Information and Research on Civic Learn

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GST: Govt clarifies ITC won't be disallowed for FY18, FY19 mismatches in bonafide errors

CFO News

The industry had contended that the system-generated statement of the inward supplies had not been made available to them on the common portal during the initial stages of the implementation of GST.

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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.

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Crypto Bankruptcies Chip Away at Customers’ Anonymity

CFO News Room

The collapse of several cryptocurrency platforms this year is testing the industry’s promise of user privacy as bankruptcy courts weigh if millions of individual customers’ identities should be revealed to the public. Hundreds of thousands of customers of Celsius Network LLC have already lost their anonymity because of its chapter 11 filing after a court ruling in September forced it to disclose its account holders’ names and coin balances.

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MiB: Charlie Ellis on Vanguard’s Rules of Investing

Barry Ritholtz

This week, we speak with Charlie Ellis, Chair of the Yale Endowment, Vanguard Board member, and founder of Greenwich Associates. In addition to that CV, Ellis is is the author of 19 books, including the investment classic Winning the Loser’s Game. His most recent book is Inside Vanguard: Leadership Secrets From the Company That Continues to Rewrite the Rules of the Investing Business.

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Banks, NBFCs must be ready for market risks, tech threats: RBI

CFO News

Fast rising interest rates have strained borrowers' repayment capabilities. Companies are facing demand slowdown while rising input costs are impacting profit margins. While the fast adoption of digital payments has helped propel transactions to a high level, the influence of technology is also opening doors for many unwanted practices that banks should guard against, it said.

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APAC businesses slow to act on decarbonisation

Future CFO

Businesses around the world, including those in Asia-Pacific, are starting to improve their disclosure of climate risks but are not taking needed action to address these risks and respond to the needs of investors and customers. The 2022 EY Global Climate Risk Barometer examines the efforts of more than 1,500 businesses in 47 countries to publish information based on the 11 recommendations set by the Task Force on Climate-related Financial Disclosures (TCFD), which was established to improve and

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Government tweaks GST rules for claiming input tax credit

CFO News

The ministry has inserted Rule 37A in Central Goods and Services Tax rules to give effect to the new provision.

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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.

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Network Engineers Need This Cisco CCEA 500-442 Guide for 2023

Financial Analyst Insider

Administering Cisco Contact Center Enterprise Course is precisely for you! If you are in the IT field and are interested in expanding your understanding of. The post Network Engineers Need This Cisco CCEA 500-442 Guide for 2023 appeared first on Financial Analyst Insider.

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Satellite companies plan to push for GST, other tax sops in Budget 2023-24

CFO News

As part of their recommendations for Budget 2023-24, satcom players are also likely to seek an extension of tax benefits via deduction of licence fees and spectrum usage charges (SUC) under Sections 35ABA and 35ABB of the Income Tax Act, 1961, which are currently available to telecom operators but not to satellite operators.

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#233 – What Did Treasurers Learn from the Events of 2022?

Strategic Treasurer

Episode 233. What Did Treasurers Learn from the Events of 2022? The year 2022 was an interesting ride. Global turmoil, supply chain issues, rising interest rates, and major acquisitions all caused concern and intrigue for treasurers and financial professionals around the world. In this podcast, Craig Jeffery and Paul Galloway of Strategic Treasurer discuss some of the key events of 2022.

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Govt liabilities up 1% to ?147 L cr in Q2

CFO News

Public debt accounted for 89.1% of total gross liabilities at September-end, up from 88.3% as on June 30, said the quarterly report on public debt management released by the finance ministry on Tuesday.

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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

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The language of TIPS: It’s complicated.

Tips Watch

New investors are baffled by Treasury Inflation-Protected Securities. Can’t blame them. By David Enna, Tipswatch.

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Cement companies likely to focus on volume growth next fiscal amid higher competition and volatile input costs

CFO News

Large cement manufacturers such as Ultratech Cement, Ambuja Cements, Dalmia Bharat and Shree Cement are likely to record higher revenue growth given timely expansion, strong balance sheet and stable cashflow from operations. Their earnings per share (EPS) is expected to increase by 25-58% while revenue may grow by 15-25% year-on-year for FY24.

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Finding Rollover Opportunities In Transitions After Layoffs

CFO News Room

Executive Summary. Welcome back to the 313th episode of the Financial Advisor Success Podcast ! My guest on today’s podcast is John Stokes. John is the founder and CEO of John Stokes Financial, a hybrid advisory firm based in Irvine, California that oversees more than $400 million in assets under management*, for 1,800 client households. What’s unique about John, though, is how he has built an expertise in layoff transitions and leveraged corporate layoff workshops – that large firms

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No longer startup, time to grow up

CFO News

A section of startups with proven growth strategies can also use the downturn in private investment to prepare for listing. Open market appetite will revive, and some companies could see merit in not leaving that money on the table when it does.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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LinkedIn’s CEO on Hiring Strategies and the Skills That Matter Most (from The New World of Work)

CFO News Room

ALISON BEARD: Welcome to the HBR IdeaCast from Harvard Business Review. I’m Alison Beard. Our goal on this show is to bring you the best thought leadership on managing teams, organizations, and your career. This week, we’re giving you a taste of another HBR show, The New World of Work. In this video interview series, which can be found on hbr.org, editor-in-chief, Adi Ignatius, speaks with top leaders about how their organizations are handling today’s biggest challenges.

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Rs 10,000-12,000 crore PLI sops soon for hi-tech IT, mobile components

CFO News

The objective of the components incentive scheme is to develop a complete ecosystem of electronics manufacturing in India, officials aware of the details of the plan told ET. The move may further help attract global majors such as Apple to deepen local production, say experts.

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#FA Success Ep 313: Finding Rollover Opportunities By Specializing In Transitions After Layoffs, With John Stokes

Nerd's Eye View

Welcome back to the 313th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is John Stokes. John is the founder and CEO of John Stokes Financial, a hybrid advisory firm based in Irvine, California that oversees more than $400 million in assets under management*, for 1,800 client households. What's unique about John, though, is how he has built an expertise in layoff transitions and leveraged corporate layoff workshops – that large firms hire him to come in and

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India's digital ad spending to reach $21 bn by 2028

CFO News

"Upon mapping market sizing across media agencies, we observe a significant under-reporting of digital ad spend in India. However, our projection has considered enterprise spends, SMB spends, influencer marketing, affiliate marketing and gaming," IANS quoted Mukesh Kumar, engagement manager, Redseer, as saying.

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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.

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Every Flaw in Consumers is Worse in Voters, Part Deux

CFO News Room

Seven years ago, I pointed out a problem with the “market failure” justification for state action against markets. This objection has become more, not less, important with the passage of time. So I’m going to reprise the argument, and make it clear why this problem should be one of the central features of public policy. The problem is this: every flaw in consumers is worse in voters.

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Budget 2023 Wish List: India needs to emphasize on capacity building for emerging sectors, aid startups for country's march to the top

CFO News

​​Several areas of tax and regulatory rationalization will help improve the competitiveness of the domestic VC and startup industry, attract more investors to invest, and provide a more certain regulatory environment. Also, there is a need for the government to set up Fund of Funds for Industry oriented early-stage capital – just like PLI, early-stage funding of funding in some sectors such as space, Agritech, hardware, Industry 4.0, and Energy to promote entrepreneurship and drive new investmen

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2:00PM Water Cooler 12/27/2022 | naked capitalism

CFO News Room

By Lambert Strether of Corrente. Patient readers, I have been gifted with a terrible head cold that peaked on Xmas Day and is now slowly passing on, leaving in its wake a lot of sneezing and grumbling. (No, it’s not Covid. Really.) So I’m feeling a little uninspired. –lambert. Bird Song of the Day. House Bunting, Tata, Morocco. “On hotel roof.” With crowing rooster!

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FMCG industry hopes to recover lost volume, margins in 2023; to shrug off shrinkflation

CFO News

Just when demand seemed to be recovering, a war in Ukraine sent commodity prices shooting up early this year. To tackle high raw material costs, several FMCG companies downsized product packets while keeping the price unchanged. Dubbed 'shrinkflation', this effectively means consumers are paying the same for less of the product.

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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.