Tue.Dec 06, 2022

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India's GDP to grow at 6.9% in FY23 & will remain one of the fastest-growing major economies, says World Bank

CFO News

The Indian economy is expected to grow 6.9% in the current fiscal year, news agency Reuters cited a World Bank report as saying on Tuesday, citing tightening monetary policy and high commodity prices as factors impacting the country's growth. The report sees average retail inflation at 7.1 this year.

Banking 98
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Salesforce alum takes on CFO role for Frontdoor

CFO Dive

Jessica Ross will take on the top financial seat for the home service provider effective Dec. 30.

CFO 273
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Trending Sources

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Value Creation

The Reformed Broker

I’m in Texas this week speaking at the Dynasty Investing Forum and seeing clients. The below was one of my best posts of the year, in my own humble opinion I wrote it at pretty much the worst moment for stocks in 2022, during the peak of the September sell-off that drove the S&P 500 to its lowest low – down about 25% on the year. Since this post, JPMorgan shares are up 26%.

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WW International names interim finance exec as CFO departs

CFO Dive

Amy O’Keefe departs the company as a new chief people officer and chief data officer are appointed. WW International also continues to face headwinds in major losses of subscribers.

Finance 261
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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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2:00PM Water Cooler 12/6/2022 | naked capitalism

CFO News Room

By Lambert Strether of Corrente. Bird Song of the Day. Chestnut-eared Bunting, Buryatia, Russia. “Several cuts from a male bird, mostly perched on wire fences at the edge of grassy pastures and steppe not far from a marsh.” Really lovely. And four minutes long! * * *. * * *. Contact information for plants : Readers, feel free to contact me at lambert [UNDERSCORE] strether [DOT] corrente [AT] yahoo [DOT] com, to (a) find out how to send me a check if you are allergic to PayPal and (b) to find out

Economics 100

More Trending

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You’ve Made Some DEI Progress. Don’t Stop Now

CFO News Room

ALISON BEARD: Welcome to the HBR IdeaCast from Harvard Business Review. I’m Alison Beard. I first met today’s guest via email in May of 2020. Do you remember what was happening in the US at that time? The video of George Floyd’s murder by police had gone viral and protests against racial violence were sweeping the country. At HBR, we were wondering what advice we could give companies about how to respond.

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CEOs trim hiring, capital investment plans: Business Roundtable

CFO Dive

CEOs facing a gloomier economic outlook have pared back expansion plans but do not necessarily expect a recession in 2023.

Planning 259
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Union Budget 2023: Steel ministry seeks import tax waiver for coking coal

CFO News

The proposal to scrap levies ranging from 2.5% to 7.5% in the world's second biggest producer of crude steel comes ahead of the national budget for 2023/24 set to be unveiled in February.

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FTX fallout spurs regulatory fears

CFO Dive

Payments industry professionals, including at the software security firm Fireblocks, worry that the crypto exchange’s downfall could trigger a regulatory backlash against digital assets.

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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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Fitch retains India growth forecast at 7 pc for this fiscal, cuts projections for next 2 years

CFO News

Fitch on Tuesday retained India's economic growth forecast at 7 per cent for the current fiscal, saying India could be one of the fastest-growing emerging markets this year. It, however, cut the projections for the next two financial years, stating that even though the country is shielded to some extent from global economic shocks but is not impervious to global developments.

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Crypto Accounting: Decrypting Digital Assets for CFOs and CAOs

Embark With Us

If cryptocurrencies and digital assets like bitcoin and NFTs (non-fungible tokens) have you scratching your head, you’re not alone. Sure, some of the confusion might come from the patently foreign vocabulary – blockchain, distributed ledgers, and smart contracts, to name a few – but not all of it.

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India has a big opportunity to be relevant in global supply chains and ESG: PwC chairman Bob Moritz

CFO News

PwC believes in keeping the audit and advisory business under one roof as they need multiple competencies and capabilities at scale to deliver quality services, said Bob Moritz, the global chairman, PricewaterhouseCoopers International.

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Transcript: Luis Berruga, Global X ETFs

Barry Ritholtz

 . Transcript: MiB: Luis Berruga, Global X ETFs. The transcript from this week’s, MiB: Luis Berruga, CEO, Global X ETFs , is below. You can stream and download our full conversation, including the podcast extras on iTunes , Spotify , Stitcher , Google , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~.

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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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RBI raises interest rates by 35 bps, cuts FY23 GDP growth forecast to 6.8%

CFO News

Governor Shaktikanta Das said the Indian economy remains resilient.

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Latest trends of fraud: Risk surges as digital transactions grow

Future CFO

When it comes to the latest trends of fraud, LexisNexis Risk Solutions warned that fraud keeps surging as digital transactions dominate the global marketplace. Based on its survey of 2,952 risk and fraud executives in retail, ecommerce, and financial services/lending across the world, the study found that digital fraud has continued to grow as economies around the world re-opened in 2022.

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RBI set to raise rates; outlook on growth, inflation in focus

CFO News

The Reserve Bank of India (RBI) is widely seen raising its key lending rate by 35 basis points on Wednesday as inflation continues to stay above its tolerance band but markets will be looking to its outlook on growth and prices for direction. A strong two-thirds majority in a Reuters poll said it was still too soon for the central bank to take its eye off inflation.

Banking 52
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Today’s Top Nonprofit Leadership Challenges

CFO Selections

Nonprofit organizations are champions of challenge. They are inherently designed to recognize, address, and overcome challenges of all kinds. And while there has been a tremendous amount of buzz over the last two years about the kinds of social and political challenges that nonprofits across the country have been taking aim at, very few people have talked about the kinds of fundamental organizational challenges that are keeping nonprofit leaders up at night.

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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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World Bank sees India's growth at 6.9% this year

CFO News

Asia fourth-largest economy expanded 6.3% in the July-September quarter, and gross domestic product growth for the full fiscal year is likely to be 6.8-7%, the government said last week.

Banking 52
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4 Tips To Help You Invest in Real Estate Without Loss

Financial Analyst Insider

What You Need to Know for a Profitable Investment in Real Estate Do you want to invest in real estate in Vienna but don’t yet. The post 4 Tips To Help You Invest in Real Estate Without Loss appeared first on Financial Analyst Insider.

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E-auction for RCap later this month; base bid at ?5,231 crore

CFO News

There will be multiple rounds of bidding among resolution applicants until the highest bidder is identified. The highest offer of ₹5,231 crore from Piramal Enterprises-Cosmea Financial Holdings team for Reliance Capital and its units will be the base bid for the e-auction.

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#230 – B2B Transaction Modernization: Real-Time Payments

Strategic Treasurer

Episode 230. B2B Transaction Modernization: Real-Time Payments. In this episode, Craig Jeffery is joined by Jayna Bundy , the General Manager of Global Treasury & Financial Services at Microsoft. They discuss why faster payments matter, the goal and cost of faster payments, portals, and issues. What are “requests for payment” and how should corporations think about it?

B2B 52
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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.

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Weak global demand affecting India's merchandise exports and imports, says RBI Governor Das

CFO News

Reserve Bank of India Governor Shaktikanta Das while announcing a rate hike highlighted that slowing global demand is weighing on India's merchandise imports and exports. After a successful run for many quarters merchandise exports contracted by a massive 16.7 per cent to USD29.8 billion in October-- the first contraction in 19 months.

Banking 52
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What candidates for your finance team look for

CFO Talks

CFOs are always on the lookout for great talent to fill their teams. However, competition for finance talent skills is fierce. Here are three factors that can make your department an employer of choice. . A meaningful ESG strategy . In a survey by Michael Page Africa of 400 South African employees and job seekers, 82% of respondents “sought to work for a company that was committed to Environmental, Social and Corporate Governance (ESG).” .

Finance 52
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Global slowdown: IMF calls for deeper structural reforms and orderly deleveraging

CFO News

In a detailed presentation on the world economy at the ongoing G20 Sherpa meeting in Udaipur, seen by ET, the IMF cautioned that high-frequency indicators point to a weakening global growth momentum in the fourth quarter and sought measures to support growth.

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#FA Success Ep 310: Filtering Down To The Most Impact-Weighted Work To Scale Client Value, With Natalie Taylor

Nerd's Eye View

Welcome back to the 310th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Natalie Taylor. Natalie is the owner of Natalie Taylor Consulting Services, an independent virtual RIA, and is also the Head of Financial Advice for Monarch Money, a personal financial management tool that helps consumers track their spending and net worth over time.

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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.