Thu.Apr 24, 2025

article thumbnail

Why Macro Forecasting Is So Hard Impossible

Barry Ritholtz

Let us stop for a moment to consider all that is going on with the new administration’s new economic trade policies at ~100 days. There is a new tariff policy that is (by design) threatening the pre-existing global trade order. This has led to what looks like the early stages of capital flight, as both the dollar and US Treasuries have been sold off.

article thumbnail

Tariffs put execs in ‘gray rhino’ risk territory

CFO Dive

PwC projects the total annual value of proposed and potential U.S. tariffs levied could jump 13-fold to $989 billion from pre-election levels.

284
284
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Luxury Purchases Over Rs 10 Lakh Now Under Tax Lens: Experts Warn of Compliance Hurdles

CFO News

Experts applaud the government's 1% TCS rule on luxury goods above Rs 10 lakh, aimed at curbing black money and enhancing tax transparency. However, they caution about compliance challenges and the ambiguity in definitions, raising the critical question: will businesses be able to manage the new compliance burden effectively? Experts warn that businesses must quickly adapt to the new requirements or face penalties and increased scrutiny.

article thumbnail

Volvo Cars taps new finance chief amid market, tariff uncertainty

CFO Dive

The company’s deputy CFO Fredrik Hansson will step into its top financial seat just a month after Håkan Samuelsson rejoined Volvo as its CEO.

Marketing 167
article thumbnail

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

article thumbnail

Stop the Tug of War and Start the Turnaround 

CFO Talks

Conflict Resolution for CFOs Who Want to Win Without a Fight As a CFO, youre often the adult in the room. When tension riseswhether over budget allocations, risk appetite, performance metrics, or boardroom politicsall eyes turn to you. Not because youre the loudest, but because youre expected to bring clarity, calm, and commercial sense. Conflict is unavoidable.

More Trending

article thumbnail

Singapore Inc: Expanding horizons in ASEAN and beyond

Future CFO

As economic headwinds collide with unprecedented opportunity, Singapore's financial vanguards gathered recently to confront the uncomfortable truth: expand or expire. The 9 April 2025 CFO Forum hosted by Airwallex didnt just discuss expansion it exposed the raw calculus of survival for Singapore Inc. in todays cutthroat global marketplace. During the riveting panel discussion, Ershad Ahamed , head of Southeast Asia at Airwallex joined JJ Ang , chief financial officer at Carousell Group , Musa

article thumbnail

The Better Route: Inside a CFO’s Approach to AI-Driven Growth | Chris Greiner, CFO, Zeta Global

CFO Thought Leader

A Finance Strategic Moment While living in Shanghai, Chris Greiner learned a lasting lesson in problem-solving when a narrower lane repainting cut his commute time in half. The insight: transformation doesnt always require new infrastructurejust a smarter approach. Now Watch Our Complete Episode Featuring CFO Chris Greiner of Zeta Global In our latest discussion, Zeta Global CFO Chris Greiner reflects on his teams role in navigating economic volatility while advancing long-term growth.

CFO 52
article thumbnail

Financing India's growth

CFO News

India's ambition to become a $30 trillion economy by 2047 is bold, but not implausible. To make that leap, the country needs a robust and inclusive financial ecosystem that can sustain and accelerate development, especially in times of global uncertainty. As the traditional banking sector contends with legacy issues and evolving regulations, non-banking financial companies (NBFCs), microfinance institutions (MFIs), and alternative capital sources like private credit are increasingly stepping int

Finance 45
article thumbnail

Members’ Profile: Louis Klopper

CFO Talks

Members’ Profile: Louis Klopper In this edition of our CFO Spotlight series, we feature Louis Klopper, a seasoned Turnaround Management Specialist and CFO (SA) at Coronado Consulting Group. With over three decades of experience across corporate banking, business rescue, and strategic financial management, Louis has become a trusted figure in the world of distressed business recovery and operational restructuring.

CFO 52
article thumbnail

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

article thumbnail

India Inc's spending on CSR hit the fast lane in FY24

CFO News

NSE-listed companies witnessed a significant 15.7% surge in CSR spending in fiscal year 2024, fueled by robust profit growth. CSR expenditure reached 17,967 crore, with the top 10 companies, including HDFC Bank, Reliance Industries, and TCS, contributing 34% of the total. Experts suggest revising CSR thresholds upwards, considering the substantial increase in companies' average net profit since the regulation's inception.

Banking 40
article thumbnail

Selecting Chicagoland’s Youth of the Year with the Boys & Girls Clubs of Chicago

Bank of the West

BMO is proud to Boldly Grow the Good through our partnership with Boys and Girls Clubs chapters across our U.S. footprint. Recently, we sponsored the Boys & Girls Clubs of… Read more The post Selecting Chicagolands Youth of the Year with the Boys & Girls Clubs of Chicago appeared first on About BMO.

59
article thumbnail

Mid-sized GCCs to set up 120 centres, create 40,000 jobs in India by 2026

CFO News

Mid-sized Global Capability Centers (GCCs) are experiencing unprecedented growth in India, outpacing the overall GCC market with a 6.2 per cent compound annual growth rate (CAGR) compared to the market average of 4.5 per cent, according to a report released on Thursday.

article thumbnail

Technology essentials for the modern CFO

Future CFO

For chief financial officers of today, technology has found its way to be part of the day-to-day tasks. This is because outdated technology, such as different departments within an organisation using different software, generates more administrative tasks and busy work. Along the journey to digital transformation, CFOs must have a full grasp of technology essentials they can benefit from to drive value for their organisations, taking the company's current state of responsible AI adoption in cons

article thumbnail

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.

article thumbnail

Nestle India Q4 profit drops 5 pc amid high input costs, exports down by 8.6 pc

CFO News

FMCG major Nestle India Limited on Thursday reported a 5 per cent year-on-year (YoY) decline in net profit to Rs 885.4 crore for the January-March quarter (Q4) of FY25, primarily due to rising raw material costs.

52
article thumbnail

AE Industrial’s ‘Captain’ Kirk Konert On Firefly Beating Musk’s SpaceX, PE Space Race

Global Finance

Global Finance: Congrats on Fireflys Blue Ghost, which completed its lunar mission in March. Kirk Konert: It was a little surreal and unbelievable, watching the Blue Ghost softly land on the moon. Firefly is the first commercial company to have accomplished this feat. So therefore, AE Industrial is the only private equity firm with a portfolio company that has achieved this milestone.

article thumbnail

White-collar hiring in India sees robust 38 pc growth in March

CFO News

The country is witnessing a robust rise in white-collar hiring, with a 38 per cent year-on-year (YoY) growth recorded in March, a new report said on Thursday.

52
article thumbnail

Jobless claims edged up, showing labor market steady as tariffs bite

CFO Dive

Disruptions from Trump’s import duties will probably roil the job market in coming weeks, according to economists.

Marketing 223
article thumbnail

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.

article thumbnail

No tax deductions for settling legal proceedings under certain laws

CFO News

The Central Board of Direct Taxes has announced changes regarding tax deductions. Settlements under SEBI Act and other related laws will not qualify for tax deductions. This rule is effective from April 1. Amendments were made to the Finance Act, 2024. Experts like Amit Maheshwari note previous debates on deductibility. The new notification clarifies the position on settlement payments.

Finance 45
article thumbnail

10 Thursday AM Reads

Barry Ritholtz

My morning train WFH reads: The White House is killing one of our strongest exports: Higher Education : The president wants to balance U.S. trade deficits? He cant do it without this industry he hates. ( Washington Post ) China Has an Army of Robots on Its Side in the Tariff War : Enormous investments in factory equipment and artificial intelligence are giving China an edge in car manufacturing and other industries. ( New York Times ) see also Five-Minute EV Charging Is Here, but Not for U.S.

article thumbnail

HP looks to double down on PC production in India

CFO News

American computer giant HP plans to expand its manufacturing operations in India. The company aims to produce more desktops and laptops locally. This move follows HP doubling its manufacturing output last year, supported by the PLI scheme. HP is also expanding its retail presence in Tier 2 and Tier 3 towns.

article thumbnail

Beer brews a strong growth story in India

CFO News

India's beer market experienced a significant surge in demand, growing by 10% in 2024-25, outpacing the previous year and contrasting with slower growth in spirits sales, signaling a shift towards milder alcoholic beverages. Despite this positive trend, brewers face challenges due to high consumer prices driven by volume-based taxes and complex regulatory environments across different states, impacting profitability and supply.

Sales 40
article thumbnail

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.

article thumbnail

Sebi shortens forensic auditor list to 9 from 20

CFO News

SEBI has shortlisted nine firms, including Deloitte, BDO, and Chokshi & Chokshi, for conducting forensic audits of listed companies, reducing the panel size from 20. The selection, valid for three years, prioritizes firms with proven experience and quality work in past assignments, aiming for a more focused approach to sensitive fraud investigations.

article thumbnail

Volvo Cars appoints Fredrik Hansson as CFO

CFO News

Volvo Cars has a new Chief Financial Officer. Fredrik Hansson takes over with immediate effect. He replaces Johan Ekdahl. Ekdahl steps down after almost ten years. Hansson was previously Head of Global Controlling. He was also Deputy CFO. The company acknowledged Ekdahl's contributions. Volvo is navigating a changing market. Hansson's experience will be valuable for the company.

CFO 40
article thumbnail

Apple’s China exodus: All US iPhones to be made in India by 2025

CFO News

Apple plans to shift iPhone assembly for the U.S. market to India by next year, driven by tariff threats and geopolitical risks. This move aims to produce over 60 million iPhones annually in India by 2026, doubling current output. The shift reflects a broader strategy to diversify away from China, with India's government providing incentives to boost electronics manufacturing.

article thumbnail

First half of FY26 to be better than previous 6 months, gross margin to moderate further: HUL

CFO News

Hindustan Unilever anticipates a stronger first half of FY26 compared to the latter half of FY25, projecting low single-digit price growth, according to CFO Ritesh Tiwari. While gross margins may moderate due to commodity inflation, HUL remains committed to value pricing.

CFO 40
article thumbnail

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.