Mon.Feb 12, 2024

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Valuation demystified: The art and science of discounted cash flow

Cube Software

What is discounted cash flow? Simply put, discounted cash flow determines the attractiveness of an investment. It shows the net present value of future cash flows to assess the investment's worth today.

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Auditors should follow tougher standards for identifying fraud: IAASB

CFO Dive

A proposal for stricter rules by the global standard setter for corporate audits follows what it says is a rash in fraud cases in recent years.

Auditing 291
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Overcoming the global slowdown with a super app strategy

Future CFO

Singapore-headquartered technology firm Grab Holdings Limited has set the bar high for corporate response to the COVID-19 pandemic. Its swift move to diversify its services cushioned the impact of the unprecedented health crisis on its ride-hailing business. The transportation sector was one of the worst hit by the pandemic. As mobility ground to a halt amid lockdowns and other restrictions in 2020, Grab quickly accelerated its shift from ride-hailing services to deliveries to meet increased dem

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PayPal’s Rabinovitch heads to Worldpay CFO seat

CFO Dive

Worldpay will lean on PayPal alum Gabrielle Rabinovitch’s finance chops to help it navigate life as an independent company during a rocky time for the payments space.

CFO 274
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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.

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India's retail inflation moderates to 5.10 per cent in January

CFO News

India's retail inflation has eased to 5.10% on an annual basis, according to data released by the Ministry of Statistics & Programme Implementation. This is a decline from December's four-month high of 5.69%. A Reuters poll had predicted a three-month low of 5.09%. The inflation rate remains within the Reserve Bank of India's tolerance band of 2-6%.

Retail 97

More Trending

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The Importance Of Employee Appreciation (Going Beyond Just Recognition) For Advisory Team Satisfaction And Retention

Nerd's Eye View

While there is a plethora of ways that financial advisory firm owners can build and run their practices (from service models to specialties to fee structures and beyond), one of the most complex activities shared by many growing firms are those that involve hiring, training, managing, and retaining employees. And with the increasing shift to remote and hybrid work in recent years, these skills have become even more important.

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Innovative asset management category provides new opportunity for top companies

CFO Dive

A new asset management category – called remnant asset monetization – can add value to your company, potentially well into the millions of dollars or more. In fact, this groundbreaking new category is a $100+ Billion previously untapped market.

Marketing 130
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CFOs project higher AI budgets in 2024, Gartner says

Future CFO

Chief financial officers are projecting higher budget for artificial intelligence in 2024, forcing conversations on AI ambition and policies, according to a survey by Gartner. The 2024 Budget Priorities for CFOs report revealed that technology is the top of the list for increased budgets in 2024, with 82% of CFOs planning to spend more than they did in 2023.

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PayPal cost-cutting likely to persist

CFO Dive

The digital payments pioneer’s expense reductions may take years to benefit the company’s bottom line as management resets the business strategy.

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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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British American Tobacco looks to raise $2.5 billion by trimming 4% stake in ITC, ropes in Wall St banks

CFO News

BAT has 29.03% holding in the cigarette-to-chips conglomerate, as per December 2023 disclosures. Based on Monday’s closing price, BAT’s shareholding is valued at Rs 1.47 lakh crore ($17.75 billion). ITC’s total market capitalisation amounted to Rs 5.07 lakh crore ($61.17 billion). BAT sells cigarettes under brands such as Dunhill, Kent and Lucky Strike.

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The Mentoring Round | Alejandro Castro, CFO, ONX

CFO Thought Leader

973: Cultivating Relationships, Spearheading Change | Alejandro Castro, CFO, Onx The post The Mentoring Round | Alejandro Castro, CFO, ONX appeared first on CFO THOUGHT LEADER, CFO, Finance, Leadership, CPA.

CFO 52
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Headcount at IT biggies falls for four quarters

CFO News

Compared with a year earlier, the staff count at these companies - Tata Consultancy Services, Infosys, Wipro, HCLTech, LTI Mindtree, L&T Technology Services, Tech Mahindra and Cognizant's India business - were down by 75,000, the sharpest fall in at least six years.

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Improved financing could save US$50 trillion as the world decarbonises

Future CFO

Deloitte’s Financing the Green Energy Transition report found that new cost-reducing finance instruments can help de-risk green projects in developing economies while making investing in these projects more attractive, helping to fuel a global just energy transition. Achieving net-zero greenhouse gas emissions by 2050 will require an annual global investment in the energy sector ranging from US$5 trillion to US$7 trillion.

Finance 52
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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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Tata Digital explores operational integration

CFO News

Additionally, Tata Digital plans to consolidate its various standalone apps such as BigBasket, 1mg, and Tata Cliq, under the Tata Neu app to increase consumer engagement, boost Tata Neu app utilisation, and enhance operational efficiencies. The flagship digital asset, BigBasket, is also looking to raise up to $100 million in funding from parent Tata Sons.

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973: Cultivating Relationships, Spearheading Change | Alejandro Castro, CFO, Onx

CFO Thought Leader

It was during a 9-year tenure at food giant ConAgra Brands that Alejandro Castro became involved in a companywide initiative that would forever alter his approach to leadership and strategic thinking. Born and raised in Mexico, Castro had begun his professional voyage at Price Waterhouse, where he launched a public accounting career from the accounting house’s Mexico City office.

CFO 52
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India's weightage climbs to record high on MSCI Global Standard index

CFO News

The climb can be attributed to India's standardized foreign ownership limit (FOL) in 2020, the sustained rally in domestic equities and relative underperformance of other emerging markets, especially China, Nuvama Alternative & Quantitative Research said in a note.

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CFOs adapt to face a more complex reality

Future CFO

Asia-Pacific has been a dynamic spark in a global economy hit by persistent inflationary pressures. The International Monetary Fund expects the region to contribute around two-thirds of this year's global growth. That said, various external and domestic factors weigh on the economic outlook. Amid this complexity, businesses are likely to look to the CFO as a source of information and insight.

CFO 52
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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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Burmans write to RBI, asks Central Bank to intervene on open offer as Religare takeover tussle intensifies

CFO News

REL led by chairperson Rashmi Saluja has sought to obstruct the applications that need to be sent to the regulators for changes in shareholding, control and management of REL, said the letter by the Burmans, promoters of the Dabur Group. The action by the REL management “impedes the ability of regulatory authorities to perform their obligations,” the Burmans said in the letter, a copy of which ET has seen.

Banking 52
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Transcript: David Einhorn, Greenlight Capital

Barry Ritholtz

 The transcript from this week’s, MiB: David Einhorn, Greenlight Capital , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ This is Masters in business with Barry Ritholtz on Bloomberg Radio.

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Unemployment rate declines to 6.5% in Q3FY24; female labour force participation rises to 25%: MoSPI

CFO News

The unemployment rate in urban areas was lower than the previous month's level of 6.6%. However, the decline in unemployment was driven by the male unemployment rate, as female unemployment levels were steady from the previous quarter.

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Hardly any room for review of action taken against Paytm Payments Bank: RBI Guv Das

CFO News

Reserve Bank of India (RBI) Governor Shaktikanta Das stated that there is "hardly any room for review" regarding the action taken against Paytm Payments Bank, emphasizing that the RBI acts after a comprehensive assessment. Paytm Payments Bank faced restrictions due to persistent non-compliance. Governor Das mentioned that RBI will issue FAQs on the Paytm matter and affirmed the central bank's focus on bilateral engagement with regulated entities for corrective actions.

Banking 52
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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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Paytm Payments Bank's director has resigned, company confirms

CFO News

Indian fintech company Paytm has confirmed the resignation of an independent director from its banking subsidiary, Paytm Payments Bank. The director, Manju Agarwal, stepped down on February 1, citing personal commitments. The move comes in the wake of the Reserve Bank of India's directive for Paytm Payments Bank to wind down most of its operations.

Banking 52
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Layoffs in a Globalized World: What Lies Ahead for India's Economy?

CFO News

Deepak Narayanan, CEO of Practus, delves into the looming threat of global layoffs and its impact on India's economy, urging proactive measures for resilience.

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Ranjeet Kumar Agarwal takes over as ICAI President, Charanjot Singh Nanda as VP

CFO News

Agarwal succeeds Aniket Talati as ICAI President.

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IMF, World Bank warn Gaza war, Red Sea attacks imperil global economy

CFO News

The IMF and World Bank caution that the Israel-Hamas conflict and Red Sea attacks threaten global economy. The war's prolonged nature could worsen repercussions, especially on shipping through the Suez Canal. UN reports show a significant drop in traffic. IMF's Georgieva urges for peace, fearing broader consequences. Despite uncertainties, IMF remains optimistic about the global economy's trajectory.

Banking 52
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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.