CFO Dive

JULY 31, 2024

The central bank continued to maintain rates at their 23-year high, but cracked open the door for a potential cut in September.

Banking 274

Banking 274

Global Finance

JULY 31, 2024

Mastercard has issued a call to action for financial technology companies to solve financial issues in the Caribbean. In return, Mastercard offers expertise in complying with regional regulations, market entrance and the ability to license and certify products. “We’re more a network that enables various fintech to introduce new products into the market within the context of local regulations,” Mastercard’s country manager for Barbados, Jamaica, Trinidad & Tobago and the Eastern Caribbean, Da

Compliance 124

Compliance Banking Technology Finance 124

CFO Dive

JULY 31, 2024

Wall Street is closely watching big tech companies to see if their heavy investments in artificial intelligence are paying off.

Investments 261

Investments 261

Global Finance

JULY 31, 2024

Facing looming 5G spectrum financing and rock-bottom data prices, Vodafone gets creative with alternative funding options. Numerous Indian companies and multinational subsidiaries in India are heading for IPOs in the next few months, as funding capital projects amid India’s infrastructure boom takes precedence over other corporate finance activities.

Corporate Finance 116

Corporate Finance Finance Sales Planning 116

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

Accounting Firms

Nerd's Eye View

JULY 31, 2024

For SEC-registered financial advisors, the prospect of an upcoming examination by the SEC can be a source of high anxiety. This is especially the case with newly registered advisors or formerly state-registered advisors who recently became SEC-registered since they may be uncertain about how the examination process will work, what elements of the firm the SEC will dig into, or what information the advisor will need to provide to the examiners.

Auditing 98

Auditing Compliance Advertising Communication 98

Nerd's Eye View

JULY 31, 2024

For SEC-registered financial advisors, the prospect of an upcoming examination by the SEC can be a source of high anxiety. This is especially the case with newly registered advisors or formerly state-registered advisors who recently became SEC-registered since they may be uncertain about how the examination process will work, what elements of the firm the SEC will dig into, or what information the advisor will need to provide to the examiners.

Compliance 75

Compliance Advertising Communication Accounting 75

Global Finance

JULY 31, 2024

The Reserve Bank of India (RBI) joined Project Nexus, which aims to create a multilateral cross-border instant payment system (IPS) by 2026. Conceptualized in 2022 by the Bank for International Settlements (BIS), Project Nexus was the first project in the payments sector from its innovation hub. Though RBI has collaborated with seven countries to link the Unified Payments Interface (UPI) for bilateral payments, this is the first time it has joined a multilateral project, and will connect a poten

Economics 52

Economics Banking Finance 52

CFO Thought Leader

JULY 31, 2024

The year 1986 was a pivotal one for Larry White’s career in the U.S. Coast Guard. After entering the Coast Guard Academy in 1976 and graduating in 1980, White advanced through a series of operational roles before deciding to pursue an MBA at Columbia University. The Coast Guard agreed to underwrite this move, enhancing his resume and eventually making him an attractive candidate for high-profile roles in Fortune 100 companies.

Finance 52

Finance General Ledger Education Accounting Standards 52

CFO News

JULY 31, 2024

While Fed officials are wary of any actions that could mar their data-not-politics approach to setting monetary policy, the steady drop in inflation in recent months prompted a broad consensus that the inflation battle was near its end.

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Accounting

Global Finance

JULY 31, 2024

The third installment of a Global Finance FAQ web series on Islamic finance. Islamic finance is today a $3.9 trillion industry spread over more than 80 countries with the bulk of it concentrated in very few markets. Comparing data from different sources shows that just 10 countries account for almost 95% of the world’s sharia compliant assets. Saudi Arabia and Iran lead the way with 25% to 30% market share each, followed by Malaysia (12%), the UAE (10%), Kuwait and Qatar (5.5%), Türkiye and Bahr

Finance 98

Finance Banking Marketing Concentration 98

CFO News

JULY 31, 2024

Input costs climbed at one of the quickest rates in nearly two years, resulting in the steepest increase in selling prices since October 2013 and the fastest output price inflation in almost 11 years.

Manufacturing 40

Manufacturing 40

CFO News

JULY 31, 2024

Income tax notices are expected in the next month, with concerns about taxpayers slipping through the tax net due to the new reassessment law. Tax officials face challenges in compiling data on tax and income mismatches for financial years 2013-2018 before the September 1 deadline. There are worries about the mammoth task of issuing notices within a month and the potential interpretation issues that may arise.

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CFO News

JULY 31, 2024

The document states that Infosys is under the scanner for the ‘non-payment of IGST on import of services as recipient of services.

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Advertiser: Paycor

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CFO News

JULY 31, 2024

All listed Indian companies, including public sector firms, are required to maintain a minimum public shareholding of 25% as per the market regulator's rules.

Marketing 40

Marketing 40

CFO News

JULY 31, 2024

ideaForge, Rainmatter, Navam Capital, Faad Capital, and Anicut Capital also participated. The funds will be used to launch the satellite ‘Drishti Mission’ and develop multi-sensor payload technology.

Startups 40

Startups Investments Technology 40

CFO News

JULY 31, 2024

Fractal Analytics: The draft red herring prospectus is expected to be submitted to markets regulator Sebi by late September, they said.

Valuation 40

Valuation Marketing 40

CFO News

JULY 31, 2024

If you look at the fiscal deficit and inflation amidst a scenario where there have been twin crises - Covid followed by the Ukraine war - I think the macro fundamentals have looked very good when put against the previous global financial crisis. Firstly, it was only a demand-side shock and not a supply-side shock as Covid was and not immediately followed by another shock like the Ukraine war, says Krishnamurthy Subramanian.

Currencies 40

Currencies 40

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.

Accounting

CFO News

JULY 31, 2024

Adani Cement, led by CEO Ajay Kapur, is expanding in a structured manner, targeting acquisitions below $80 per tonne. The integration of recently acquired Penna Cement is nearly complete. Adani Cement plans to achieve a production capacity of 140 million tonnes by 2028, while benefiting from the Penna acquisition this quarter.

Planning 40

Planning 40

CFO News

JULY 31, 2024

Commerce and Industry Minister Piyush Goyal highlighted India's potential for economic growth, suggesting that increased shipping, focus on electric mobility, and self-sufficiency in defense could lead to rupee appreciation. Speaking at an Assocham event, he drew parallels to China's growth from 2000-2020, aiming for a similar trajectory. Emphasizing infrastructure development, anti-corruption measures, and employment generation, Goyal predicted India could become a $5 trillion economy within 3-

Economics 40

Economics 40

CFO News

JULY 31, 2024

India's fiscal deficit for April to June, or the first three months of this fiscal year, was at 1.36 lakh crore rupees, equivalent to 8.1% of annual estimates, sharply narrowing from the previous year's 25.3%. The government aims to narrow the fiscal gap to 4.9% of GDP in this financial year from 5.6% a year earlier.

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CFO News

JULY 31, 2024

The government has extended the deadline for central public sector enterprises and public sector financial institutions to meet minimum public shareholding norms until August 2026. It provides exemption to increase public shareholding to at least 25 per cent, with CPSEs below 25 per cent getting an additional two years for compliance. Five public sector banks still need to meet the 25 per cent minimum public shareholding requirement.

Compliance 40

Compliance Banking 40

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.

Finance

CFO News

JULY 31, 2024

The regulator, in draft guidelines, said that all digital payment transactions, other than card present transactions, will have to ensure that one of the factors of authentication is dynamically created, after the initiation of payment, and is specific to the transaction and cannot be reused. The RBI has prescribed AFA for all digital transactions done using cards, prepaid instruments and mobile banking channels but no specific factor was mandated for authentication, thus the digital payments ec

Banking 40

Banking 40

CFO News

JULY 31, 2024

CFO Movement: Singhania was previously serving as Socomec Group’s CFO for the Southeast Asia Pacific region.

CFO 40

CFO 40