Mon.Apr 21, 2025

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Are you fighting fraud blind? The role of AI in real-time detection

CFO Dive

Roughly two-thirds of corporate fraud goes undetected.

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Transcript: Martín Escobari, General Atlantic

Barry Ritholtz

The transcript from this weeks, MiB: Martn Escobari, General Atlantic , 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. ~~~ XXXXX insert transcript here XXXXX ~~~ The post Transcript: Martn Escobari, General Atlantic appeared first on The Big Picture.

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Trending Sources

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IRS acting head’s ouster adds to agency’s ‘chaotic’ shake-up

CFO Dive

The agency’s leadership turmoil would likely harm taxpayer service first, while its impact on revenue collection would be seen later, according to a Tax Foundation policy analyst.

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Investing Through Uncertainty: 5 Lessons in Emotional Discipline

CFA Institute

In light of the uncertainty dominating today’s markets and headlines, it’s worth revisiting some of the behavioral pitfalls that have tripped up investors for centuries.

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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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Tennessee passes legislation revamping CPA licensure rules

CFO Dive

A growing number of states are aiming to ease the accounting talent shortage by offering alternative routes to CPA licensure that remove the 150-hour college credit hurdle.

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More Trending

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Paper check use surged last year, AFP says

CFO Dive

Use of paper checks by U.S. businesses jumped last year, according to an annual survey by the Association for Financial Professionals, which struggled to explain the results.

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Optimizing The Planning Process To Address Challenges For Clients Who Are One Year Away From Retirement

Nerd's Eye View

When onboarding new clients, financial advisors often use a three-meeting cadence: a Discovery Meeting to gather information, a Presentation Meeting to discuss the plan, and an Implementation Meeting to finalize it. While this approach works for many clients, individuals who are 12 months away from retirement face a range of complex financial and emotional considerations.

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Alternate investment funds invest Rs 5 lakh crore in India in April-Dec, real estate leads

CFO News

The real estate sector in India dominated alternate investment funds' (AIFs) net investments, with Rs 73,903 crore in the nine months of FY25, a report showed on Monday.

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Surviving the Cash Flow Crunch: Strategies for Startup Stability

CFO Plans

In the ever-evolving world of tech startups, achieving financial stability can feel like trying to hit a moving target. Founders and CFOs face the daunting task of realigning budgets while maintaining team morale amidst economic uncertainties. Start building a resilient financial future today with expert guidance Explore CFO Plans for tailored strategies.

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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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Walmart-backed Flipkart to shift base back to India from Singapore

CFO News

US-FLIPKART-Walmart-backed Flipkart to shift base back to India from Singapore

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10 Monday AM Reads

Barry Ritholtz

My flying home from California reads: Americas Biggest Export Could Use a Massive Rebrand. One market stands above all else in this regard and that is the market for US Treasuries, which currently totals about $30 trillion and dwarfs pretty much every other thing out there.( Bloomberg ) Trump and Powell on Collision Course Without Easy Escape : The president wants interest rates cut, but his trade war has the Fed chair boxed in. ( Wall Street Journal ) but see Amazon Is Better Prepared for the

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Petronet LNG appoints Saurav Mitra as CFO for five years

CFO News

Petronet LNG Limited has appointed Saurav Mitra as Director (Finance) and Chief Financial Officer for a five-year term starting April 22, 2025. He succeeds Vinod Kumar Mishra, bringing over 30 years of financial leadership experience to the role.

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Trump renews attack on Powell in call for rate cut; borrowing costs rise

CFO Dive

Since Trump took office in January, Powell has repeatedly said that an effort by Trump to remove him would contradict the law.

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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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ICAI, CAG ink MoU to strengthen audit capacity in PSUs

CFO News

In a move to modernise public sector audits, ICAI and CAG have joined forces to train government auditors with global standards. Will this strategic push transform the quality of PSU audits and strengthen financial accountability across Indias public institutions?

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Before the Gensol fall: Experts list governance red flags missed during the firm's meteoric rise

CFO News

The frequaent change of CFOs, reconstitution of the audit and compliance committees, resignation of independent directors and delayed financial results, among others, should not have been missed, say experts.

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Abbott India appoints Maithilee Pathare Mistry as CFO

CFO News

Abbott India has appointed Maithilee Pathare Mistry as Chief Financial Officer, effective May 6, 2025. A finance veteran with over 25 years of experience, she succeeds Sridhar Kadangode following his resignation in February.

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Landowners seek GST relief on joint development pacts

CFO News

Landowners are contesting Goods and Services Tax (GST) demands on joint development agreements (JDAs), arguing that transferring development rights shouldn't attract GST. They've approached courts in Mumbai, Telangana, and Delhi-NCR seeking relief. The dispute centers on whether this transfer qualifies as a taxable service, potentially impacting real estate projects nationwide and the financial structures of joint developments.

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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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India-US trade deal may become a model for future agreements with other countries: Report

CFO News

The upcoming India-US Bilateral Trade Agreement (BTA) is expected to become a model for India's future trade negotiations with other developed nations, according to a report by ACMIIL, a stock market company.

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Indian bond yields rise on RBI's revised liquidity norms

CFO News

Indian government bond yields edged up, ending a week-long decline, after the Reserve Bank of India's liquidity management adjustments dampened demand. The benchmark 10-year bond yield reached 6.3365%. Revised RBI guidelines, requiring banks to maintain a buffer on digital deposits, impacted lender demand for government securities. The rise mirrored gains in US Treasuries amid concerns over Federal Reserve policy.

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India's consumer sector ready to rebound, earnings to grow by 13 pc in FY26: UBS Report

CFO News

UBS reports India's consumer sector is poised for a strong rebound, projecting a 13% earnings growth in FY26. This recovery is fueled by potential income stimulus like lower taxes and the Eighth Pay Commission, coupled with corrected valuations making consumer stocks attractive.

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India cautious on direct play for foreign retail investors

CFO News

SEBI is contemplating allowing foreign individuals to directly invest in Indian stocks, currently accessible via the FPI route. This proposal, still under consideration, aims to broaden the ownership base but faces hurdles like KYC compliance and money laundering risks. While most major markets permit direct foreign retail investment, Indian authorities are proceeding cautiously.

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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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Rs 1,00,000: Yellow metal proves mettle in retail trade

CFO News

Exclusive of the goods & services tax (GST), the price of gold was trading at 97,200 per 10 gm. The jewellery trade is hopeful of a good demand for gold despite the surge in prices.

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Women CXOs missing in unicorn corner rooms

CFO News

The report, based on an analysis of 400 CXOs across 117 Indian-born unicorns, found that women hold only 10% of C-suite roles.

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Alphabet Inc shifts Google Pixel production from Vietnam to India amid US tariff concerns

CFO News

The shift is part of Alphabets strategy to derisk sourcing, with the US having threatened high tariffs on Vietnam, the Pixels primary production base.

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Eversource makes Rs 1,200 crore offer for BluSmart, but deal clouded by Gensol probe

CFO News

Eversources offer may not result in a deal due to probes at BluSmarts sister concern Gensol; Eversource may directly negotiate with lenders of Gensol to buy EVs leased to BluSmart. Eversource recently exited a large investment in Ayaana Renewable Power, selling it to a consortium of NTPC and ONGC for an enterprise value of $2.2 billion.

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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.