Thu.Nov 28, 2024

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Kitces & Carl Ep 152: Advisory Fee Confidence And Building The Happy-Client Stoke File

Nerd's Eye View

How much to charge for financial advice is rarely a decision made lightly. A firm's pricing strategy often reflects both the local market (or niche-related) norms – such as the nearly-ubiquitous 1%. Others may align with broader industry trends, like transitioning to fee-only structures to buffer against market volatility. Still others may choose a hybrid model, combining AUM fees with additional charges for other services like tax planning.

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Mining, domestic demand bolster Mongolia's economy: World Bank

CFO News

Mongolia's economy is projected to grow by 5.3 per cent in 2024 and 6.5 per cent in 2025, driven by robust mining production and domestic demand, according to the World Bank's latest semi-annual Mongolia Economic Update on Friday.

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Trending Sources

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Scaling AI with data and analytics

Future CFO

Gartner VP Analyst Gareth Herschel will share the top ways that data and analytics leaders can scale AI in service of their D&A initiatives, as learning to harness the power of artificial intelligence goes a long way toward supporting this endeavor. By improving business processes, enabling better decisions and supporting innovation, leaders can deliver tangible business outcomes for their organisations and stakeholders.

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Piyush Goyal launches CII's 'Ease of Doing Business' portal

CFO News

Commerce and Industry Minister Piyush Goyal on Thursday launched the CII Ease of Doing Business and Regulatory Affairs portal for getting insights into India's business environment and to receive and track suggestions for improvement.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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Kapital Bank’s Commitment to Sustainable Banking Showcased at COP29

Global Finance

During COP29 Kapital Bank, the country’s largest financial institution, actively contributed to COP29 through various initiatives and panels, including Corporate Sustainability , Sustainability Through Digitalization , and Green Finance and Sustainable Development. CEO of Kapital Bank, Farid Huseynov participated in various panel discussions on sustainable development and environmental protection, emphasizing the bank’s innovative financial solutions tailored to support the transition to a green

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More Trending

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Innovative financial solutions to boost MSME growth in India: Nasscom

CFO News

In order to boost the MSME growth in the country, there is the need for innovative financial solutions and banks should improve transparency in loan approval processes and eliminate unused credit charges, according to a report on Thursday.

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A Guide to Awkward Holiday Conversations

Barry Ritholtz

Callie Cox is the Chief Market Strategist at RWM. She regularly posts at Optimistic Callie. (Subscribe, its great and free!) This is her first post here, and it’s perfect for the holiday weekend. Enjoy! Hey hey, happy holiday-shortened week! I don’t know about you, but I’m bracing myself for some insufferable conversations at the dinner table on Thursday.

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India's gig economy could add 90 million jobs over time: Report

CFO News

India's gig economy could add 90 million jobs, enabled by large multinationals, and add 1.25 per cent to the country's GDP over time, according to a report on Thursday.

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Is India's GDP growth slowing? Falling wages & the hit to middle class might just hold the answer

CFO News

Indian wages contracted last quarter for the first time since the pandemic. This curbed consumer spending and led to weaker corporate profits among major companies like Maruti Suzuki and Hindustan Unilever. The slowdown poses challenges for the government’s growth goals. Opposition parties criticized the government for ignoring the economic difficulties of the middle class.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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Income Tax probe finds 500 'actionable' cases of undisclosed Dubai assets held by Indians

CFO News

More than 500 cases of undisclosed immovable properties held by Indians in Dubai have been identified by the income-tax department, with Delhi raids alone uncovering unaccounted transactions worth over ₹700 crore. Germany provided information on properties owned by Indians in the Middle East, revealing over a thousand such assets.

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I-T’s About Her: Women taxpayers on the rise

CFO News

The number of women taxpayers has been steadily increasing, with 22.9 million women filing income tax returns in the assessment year (AY) 2023-24, up from 18.3 million in AY 2020, as per data from the Lok Sabha. Over the past five years, the number of women tax filers has grown by 25.3%.

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GSTN releases list of 5 approved mobile apps for fast verification of GST invoices, easy input tax credit claim

CFO News

GST invoice verification: New advisory by GSTN in respect of availability of five official apps for e-invoice verification. Experts say that these apps solve a lot of problems like faster verification of e-invoices which may lead to faster claim of input tax credit and also help in reducing litigations and subdue the problem of fake GST invoices.

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C2C Advanced Systems IPO sees withdrawal of 3.72 lakh applications

CFO News

C2C Advanced Systems' Rs 99-crore IPO saw a significant setback as regulatory concerns led to 3.72 lakh applications worth Rs 27 crore being withdrawn. Sebi's intervention required the company to appoint independent auditors and NSE to set up a monitoring agency, prompting many investors to retract their bids.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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Adani Green’s mega project under scrutiny trips up on deadline; supplies zero power to Andhra Pradesh

CFO News

Adani Green Energy's delayed solar project has yet to supply power to Andhra Pradesh, missing the original schedule by months. Instead, Adani Green Energy has begun selling power from the project at a higher rate on exchanges. Delays are attributed to incomplete transmission systems, pushing power supply timelines to April 2025 and January 2026.

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Finance Ministry backs raising FDI in insurance to 100%

CFO News

The finance ministry has proposed allowing 100% foreign direct investment in the insurance sector, reducing the minimum paid-up capital for companies, and permitting insurers to conduct multiple insurance-related activities. The changes are intended to enhance industry efficiency and increase insurance accessibility and affordability for citizens.

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Readying for IPO, LG hops on to a Hyundai car

CFO News

Broking firms said companies borrow from each other when setting up their investor sections but these are not made public until they're ready. Another person said it might have been beta testing of the section on the LG India website that went public by mistake.

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IT ministry likely to seek Cabinet’s nod for Rs 40,000 crore package to boost electronic components' manufacturing

CFO News

The package, which is likely to comprise subsidies on capital expenditure and incentives based on increase in production and employment generation, is expected to create an ecosystem of electronic component production, as the government seeks to integrate domestic companies into the global value chain of electronics manufacturing.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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K Raheja Investment pays Rs 68.73 lakh to settle REIT norms violation case with Sebi

CFO News

Mindspace Business Parks REIT, sponsored by K Raheja Corp group, was listed on the Indian bourses in August 2020. It owns office portfolios in the Mumbai Region, Pune, Hyderabad, and Chennai.

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Who moved our jobs?

CFO News

At the ongoing ETBFSI Converge Summit 2024, held by our sister vertical, former RBI governor and finance secretary D Subbarao too highlighted the pressing need for the right job creation, He said that while India’s population continues to expand, the much-touted demographic dividend remains elusive without adequate employment opportunities.

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Japanese banks sticking with Adani as Jefferies, Barclays review ties

CFO News

Japan’s biggest banks, including Mizuho, Sumitomo Mitsui, and Mitsubishi UFJ, plan to maintain their support for Adani Group despite US bribery charges. In contrast, other global firms like Barclays are reassessing their exposure due to reputational risk concerns. Adani Group denies the allegations, reinforcing its stance with investors.

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Indian banks are reviewing Adani Group exposure after US charges

CFO News

Indian banks, including State Bank of India and ICICI Bank, are reassessing their exposure to Adani Group after U.S. bribery accusations against Chairman Gautam Adani, although this review may not change lending strategies.

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Expressed deep disappointment at EU's CBAM, EUDR regulations with French counterpart: Piyush Goyal

CFO News

India's Commerce Minister Piyush Goyal expressed disappointment over the EU's green trade regulations, including CBAM and EUDR, calling them unfair and unilateral. He emphasized the principle of common but differentiated responsibilities and India's low per capita emissions during a meeting with his French counterpart, hoping for a resolution through continued engagement.

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60% FMCG companies say e-commerce is critical platform for sales

CFO News

A NielsenIQ study reveals that 60% of FMCG companies prioritize e-commerce as their primary sales channel. Emerging manufacturers are experiencing 1.5 times higher growth in e-commerce than category averages. Convenience stores are also gaining traction, with 48% penetration in India. Companies are adapting to inflation through cost management, diversified distribution, and strategic marketing investments.

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Sensex crashes nearly 1,300 pts, Nifty below 24K; Fed fears, IT selloff drive market meltdown

CFO News

Sensex, Nifty 50 Crash Today: Indian shares declined, tracking global peers. IT stocks led the losses amid US policy uncertainties. Adani Group stocks rebounded after recent declines. US inflation data raised concerns about interest rate cuts. Experts predict continued market consolidation. Asian markets were mixed, and the dollar held steady. Oil prices dipped slightly.

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Japan’s third-largest bank weighs new push to target private equity boom in India

CFO News

Mizuho Financial Group is exploring a move into India's private equity and venture capital market. The Japanese bank is considering launching this initiative next year, aiming to connect with prolific dealmakers and offer services like debt funding and wealth management, similar to strategies employed by other global and domestic banks.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O'Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng