Mon.Apr 17, 2023

article thumbnail

Are You Thinking Strategically or Transactionally This Year?

Adam Kae

Chances are, you’ve revisited your business goals and you have a clear idea of what to do this year. At this beginning point in Q2, it’s time to make sure that your plans and actions match up with that goal - and most importantly: are you achieving those goals with a strategic mindset, or a transactional one? Let’s take a look at what those mean for you, and how you can make sure you’ll hit your targets this year.

CFO 52
article thumbnail

Rate hedging for non-bank CFOs

CFO Dive

Many firms don’t have exposure to the longer-duration government bonds that hammered Silicon Valley Bank. But there are other rate risks to guard against.

Banking 293
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

Is 50% the New (Metro) RTO?

Barry Ritholtz

I mentioned a few weeks ago how much better Europe ‘s return to office rate was doing versus ours : 90+% RTO, while the USA is ~60%. I cannot speak to Europe, but that U.S. number is an average across all regions, industries, age groups, etc. In some parts of the country, it is appreciably higher or lower; as you might imagine, it varies greatly.

Numbers 128
article thumbnail

Tax AI is here, but distrust lingers

CFO Dive

AI could help companies with filing taxes. But first, finance executives need to learn to trust it.

Finance 284
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

3 Ways To Ask For Referrals More Effectively Based on Pro-Social Psychology

Nerd's Eye View

New client growth is the lifeblood of financial planning firms and there are myriad strategies for attracting qualified prospects, but many of these come with a hard-dollar or time cost for the firm. Which is why many advisors seek to leverage client referrals, where their clients refer family members, friends, or colleagues to the advisor. At the same time, asking clients to make referrals (and having the referred individual actually reach out to the advisor) can be challenging.

More Trending

article thumbnail

Income Tax department sends notices over donations to charitable trusts

CFO News

The income tax department in India has issued notices to around 8,000 taxpayers on account of them making large donations to charitable trusts, which are believed to be attempts to evade paying tax. Tax officials say that these individuals and entities have made donations not commensurate with their earnings, while the donated amount is the exact sum required to get an exemption or lower the tax slab.

article thumbnail

OneStream expands platform, eyeing CFO ‘App Store’

CFO Dive

The platform can now be used to download applications created by OneStream partners, along with the company’s own portfolio of tools.

CFO 260
article thumbnail

WTO panel rules against India in IT tariffs dispute with EU, Japan and Taiwan

CFO News

The WTO had set up dispute settlement panels to decide on New Delhi’s move to levy 10% customs duty on mobile phones and some other ICT products for the first time in July 2017 which it increased to 15% that year. The duties were further increased to 20% despite opposition from a number of WTO members.

Numbers 98
article thumbnail

Zepto names CoinSwitch alum as CFO ahead of IPO

CFO Dive

The India-based grocery delivery service hired Ramesh Bafna as its next CFO. The company plans to go public in the next two years.

CFO 260
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

Amid tightening rules, fintechs step up hiring of legal experts

CFO News

Nearly one-fourth of the more than 200 senior legal and compliance moves in the financial services sector in the last one year was in fintechs that bolstered their legal teams, showed data from executive search firm Native.

article thumbnail

#249 – Fraud in a Changing Treasury Landscape Episode 1: Are You Implementing Thoughtful Security?

Strategic Treasurer

Episode 249 Fraud in a Changing Treasury Landscape Episode 1: Are You Implementing Thoughtful Security? Fight fire with fire, but do it together. Treasury’s threat of fraud attacks is constantly changing and increasing. While treasurers say they are aware of this, only 30% of companies plan to allocate more funds to the training of employees and fraud prevention services.

article thumbnail

Sebi comes out with dispute resolution mechanism for Limited Purpose Clearing Corporation

CFO News

Indian capital markets regulator Sebi has established a resolution framework for settlements undertaken by the Limited Purpose Clearing Corporation (LPCC), a body established to clear and settle repo transactions. The mechanism will settle disputes between clearing participants, between clearing members and clients, between the LPCC and vendors, and between clearing members or clients and the LPCC.

article thumbnail

Welcome Brian Fisher

Focus CFO

We are pleased to announce that Brian Fisher will be joining the FocusCFO team, bringing decades of experience to small and medium-sized businesses in Northeast Ohio as a financial consultant.

52
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

2023 Treasury Perspectives Survey

Strategic Treasurer

Survey Results Treasury Perspectives For the 5th year running, Strategic Treasurer and TD Bank are proud to present the findings from the Treasury Perspectives Survey with data from over 350 respondents operating primarily across North America and Europe. This annual study polls treasury and finance professionals on their views regarding the economy, technology, industry innovation, and regulation to better understand top challenges and opportunities in the marketplace.

article thumbnail

People moves: Yamada Green Resources, Babytree Group

Future CFO

Singapore-listed Yamada Green Resources Limited announced recently the appointment of Leyng Thai Weng as CFO. In his new role, Leyng, aged 41, is in charge of the financial matters of the group and oversees the group’s financial reporting and compliance with post-listing obligations. Prior to joining Yamada, he was Director (consultancy) of KBS Capital Partner (S) Pte.

CFO 52
article thumbnail

Discretionary spending may weaken in Q4; apparel, lifestyle cos and eateries expect sales to grow only 15%-20%

CFO News

The slowdown is not restricted to apparel. Even the liquor segment that surpassed pre-Covid sales last year, could see slower growth. Analysts also said demand environment remains weak in the quick service restaurant (QSR) space. Fine dining restaurant chain Speciality Restaurants' managing director Anjan Chatterjee said the phenomenon of revenge eating is now tapering down with dine-in business down by 5%-15% for the industry.

Sales 52
article thumbnail

How an NFL Revenue Marker Gave Way to a New Strategic Plan | Chris Halpin, CFO, IAC

CFO Thought Leader

Halpin: The one that sticks with me was in 2017, they asked me to become Chief Strategy Officer and build a long term strategic plan at the NFL. And it was a recognition that, you know, the media landscape was changing so much social media was impacting every part of our business, for the good and the bad. Technology was becoming increasingly essential, obviously, to reach fans, track sentiment, but also on field.

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

Telecom sector dials up Centre to slash levies for 5G viability

CFO News

"5G is being deployed rapidly across the country, but revenues can be gained from the same only once the market matures, use cases are established and the enterprise uptake of the services is realised," COAI director general SP Kochhar told ET.

article thumbnail

Answers with Adam: How Do You Know When To Hire Help in Your Business?

Adam Kae

Answers with Adam: How do I know when it's time to hire help in my business and outsource some tasks? CFO Adam: You've got to find the three to five things that you're the best at, and that make you the most money, and only do those three to five things. You know, where are those levels to bring in help? Every business is different. And that's why it's hard to say, "oh, well, once you're at X revenue, that's when you can hire this and you can hire that and you can hire this.

CFO 52
article thumbnail

Four charts map Adani Group’s debt pile, reliance on global banks for funding

CFO News

Adani Group's gross debt has increased by almost 21% in the past year, with global banks holding nearly a third, reflecting the Indian conglomerate's rapid growth and international expansion. Despite a shift in the creditor mix, a debt metric indicating the ability to pay off borrowings has improved, down from 7.6 in 2013 to 3.2 net debt to earnings before interest, tax, depreciation and amortisation in 2023.

Banking 52
article thumbnail

Zero-based budgeting: justifying every line item in the company budget

Cube Software

Justifying every expense. That's the holy grail of budgeting.

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.

article thumbnail

Apple CEO Tim Cook to meet PM Modi amid India expansion: Reuters

CFO News

The visit by Cook to open the first official company-owned outlets in Mumbai and New Delhi this week underscores Apple's growing ambitions for India, where despite having just a 3% market share the company has been expanding iPhone assembly via contract manufacturers, and also boosting its exports.

article thumbnail

10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • Would You Rather Outperform During Bull Markets or Bear Markets? It’s hard to believe how much brainpower, time, effort and money go into beating the market by hedge funds, mutual funds, separately-managed accounts and stock-pickers…and the vast majority of them fail at their stated goal. ( A Wealth of Common Sense ) • The Business of … Death : Why most American funeral parlors are family-owned and other fascinating insights—extreme embalming?!

Treasury 115
article thumbnail

Apple CEO Tim Cook meets Mukesh Ambani, N Chandrasekaran in Mumbai ahead of the store launch

CFO News

Sources said that the Cook, who is visiting India nearly after seven years, met Mukesh Ambani and his son Akash Ambani at their residence, Antilla, on Monday afternoon. Apple has strategic partnerships with Reliance Jio and Reliance Retail to sell its products in India.

Retail 52
article thumbnail

Invesco exits Zee, sells 5.11% stake for Rs 1,004 cr

CFO News

The bulk deal saw Goldman Sachs Singapore Pte ODI pick up 6.42 million shares for ₹131.2 crore. As per BSE India data, investors offloaded 57.6 million shares of the company in a large block deal on Monday.

52
article thumbnail

Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.