Thu.Mar 06, 2025

article thumbnail

Tesla CFO sells $1.7M more in stock

CFO Dive

The sale comes as Tesla’s stock has lost a third of its value since President Donald Trump took office, amid a backlash against the EV maker’s CEO Elon Musk and a broadening trade war.

CFO 362
article thumbnail

Latvia: Doorway To The EU

Global Finance

Location, business-friendly regulations, and a skilled workforce make Latvia attractive for FDI. Despite a sluggish economy, Latvia is positioning itself as a prime gateway to the European Union, as foreign capital is flowing into key sectors, and recent reforms underscore its ambitions to become an investment hub in the Baltics. The IMF projects GDP growth of 2.3% in 2025; 2.5% in 2026; and 2.5% in 2027.

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

Kitces & Carl Ep 159: When You Promised Early Clients Special Fees Or Minimums You Can No Longer Honor

Nerd's Eye View

New financial advisors often start with below-market fees – sometimes to build confidence that prospects will actually pay, other times to attract clients quickly and establish a base. But as the firm grows, so does an advisor's skill set and the demands on their time. And while new clients often come in at higher fees, early clients may still be paying well below the firm's current rates.

article thumbnail

Overdue customer payments can strain SMB cash flows: Creditsafe

CFO Dive

Over 80% of businesses typically chase a customer between one and four times just to get a single overdue invoice paid, the research found.

Invoicing 173
article thumbnail

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

article thumbnail

At the Money: Austan Goolsbee, Chicago Fed President on Tariffs, Inflation and Monetary Policy

Barry Ritholtz

At the Money: Chicago Fed President Austan Goolsbee on Tariffs, Supply Chains and Inflation (March 5, 2025) What is the potential inflation impact of tariffs? Can the Fed ignore supply-chain disruptions that drive up prices? How should investors view the relationship between trade policy and inflation in the current economic environment? This week, we speak withAustan Goolsbee, president of the Federal Reserve Bank of Chicago.

More Trending

article thumbnail

The challenge of AI in treasury management

Future CFO

Amid the hype brought about by the advent of artificial intelligence in the Finance function, challenges concerning the technological advancement in sales and receivables forecasting remain. According to Faisal Masood , director corporate strategy at Treasury Cube , unlike outflows, which can often be reasonably estimated based on contract terms, past payment behaviour, and fixed schedules, cash inflowsspecifically from sales and receivablesare much harder to predict.

article thumbnail

How Nonprofits Can Use Data to Drive Accountability & Growth

The Charity CFO

The Importance of Setting Goals and Tracking Them in Nonprofit Management As nonprofit leaders, one of our biggest responsibilities is to set clear expectations, measure progress, and hold teams accountable. However, many organizations struggle with either setting goals without a tracking system or creating reports that never get reviewed. At The Charity CFO, we believe data and key performance indicators (KPIs) are essential for nonprofit financial management, donor engagement, and program impa

article thumbnail

Modeling Climate Risk in a Changing World

CFA Institute

Ladislao Vidal, CFA, is a sales executive at FIS, which provides technological solutions for the banking sector. He joined the company in 2017 as a consultant helping banks across Europe improve their risk and treasury frameworks and decision making. Previously, Vidal worked at several tier 1 banks, assessing their liquidity and credit risk. He started his career as derivatives trader at a commodities firm.

52
article thumbnail

Unleashing Innovation: Strategic Insights into AI Adoption

CFO Thought Leader

Trintech CFO Omar Choucair discusses emerging roles in AI, emphasizing the critical balance between rapid innovation and risk management. He explains that while 20% of employees eagerly adopt AI tools, many remain hesitant. Key is targeted training and ensuring proper licensingusing enterprise platforms that provide compliance and access to multiple solutions.

CFO 40
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

Analysis of the Expanding Business Information Marketplace

Trade Credit & Liquidity Management

In today's fast-paced and data-driven world, the business information marketplace is crucial in supporting a wide range of use cases. This marketplace offers valuable insights and data that empower businesses to make informed decisions, enhance their operations, and ensure compliance with regulatory requirements. (Photo by Chris Yang on Unsplash ) After 42 years with one of the major business information players, Dun & Bradstreet, and another 4 years consulting, where I help business informa

article thumbnail

Reliance Retail slashing jobs, tightening operations before public debut: Report

CFO News

Concerned over its sales slowing down, Reliance Retail Ventures Ltd (RRVL) is reportedly slashing jobs - along with other cost-cutting measures - before making its stock market debut.

Retail 52
article thumbnail

Caine & Weiner and BARR Credit Services Combine Forces

Trade Credit & Liquidity Management

From a Press Release Dated January 14, 2025, Los Angeles, CA & Tuscon, AZ (Photo by Çağlar Oskay on Unsplash ) Caine & Weiner (C&W) and BARR Credit Services (BARR) announced their strategic merger, creating a premier global accounts receivable management solutions provider. This union brings together two industry leaders, each with over 90 years of experience, to form a powerhouse in the accounts receivable management sector.

article thumbnail

US dollar struggles near 4-month low amid growth concern; jobs data in spotlight

CFO News

The U.S. dollar remains near a four-month low due to uncertainty surrounding shifting tariff policies and concerns about economic growth prospects. Investors await U.S. jobs data for further insights. The euro continues its upward trend, boosted by rising European bond yields, while predictions suggest the Federal Reserve may cut interest rates further.

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

Bessent ‘not worried about inflation’ amid Trump’s tariff offensive

CFO Dive

Revenue from new import duties “could be very substantial,” Treasury Secretary Scott Bessent said.

Treasury 275
article thumbnail

CFOs face twin challenges of digital transformation and energy transition amid rapid business changes

CFO News

At ETCFO Leadership Summit 2025, leading finance leader say their focus remains on balancing cost efficiency, scalability, and governance while leveraging digitalisation for sustained growth.

article thumbnail

FCMs optimistic about second Trump term, but risks remain and investment is key to navigating uncertainty

Reval

In association with ION Markets, Acuiti published a whitepaper on how global FCMs. The post FCMs optimistic about second Trump term, but risks remain and investment is key to navigating uncertainty appeared first on ION.

article thumbnail

Blackstone, Sattva Group JV files papers for Rs 7,000 crore REIT IPO

CFO News

Blackstone and Sattva Group's Knowledge Realty Trust plans to raise over Rs 7,000 crore through an IPO, with the listing expected around June-July. The proceeds will be used for debt repayment, asset acquisition, and corporate purposes. The REIT portfolio includes 48.1 million square feet of leasable area across major commercial hubs.

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

Over 1 lakh 'dependent' Indians on the edge in the US, fearing forced return

CFO News

Children of H-1B visa holders aging out of H-4 dependent status face uncertainty and potential self-deportation. The recent Texas ruling on DACA adds complexity, extending unease amidst green card backlog issues. The financial burden of converting to international student visas further strains families.

40
article thumbnail

Razorpay enters Singapore; targets $5 billion in payment volume from Southeast Asia over two years

CFO News

Razorpay: The digital payments firm currently processes around $1 billion in TPV in Southeast Asia, said cofounder and MD Shashank Kumar.

40
article thumbnail

India markets regulator to boost transparency, including on board conflicts, chair says

CFO News

INDIA-SEBI-India markets regulator to boost transparency, including on board conflicts, chair says

article thumbnail

Taxman smells a scam in dubious agricultural income declaration

CFO News

A nationwide probe by the income tax department is investigating entities declaring agricultural income of 50 lakh or more without owning any land. Cases of unrealistic farm income per acre are also being scrutinized for tax evasion, with potential penalties for wrongful claims.

40
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

EPFO 3.0 will rollout soon, will allow subscribers to withdraw funds from ATMs: Minister

CFO News

Speaking after inaugurating EPFO's Office Complex of Telangana Zonal Office and Regional Office here this evening, he said the 'EPFO 3.0 version' will be equivalent to the banking system.

Banking 40
article thumbnail

Sebi warns public against buying properties of Sunshine Global Agro, its directors

CFO News

Sebi has issued a cautionary notice to the public against purchasing or dealing with properties belonging to Sunshine Global Agro and its directors. This follows the discovery of illegal property transactions and encroachments. Sebi warns that unauthorized actions will lead to legal consequences and emphasizes the prohibition on property disposal except for refunds to investors.

40
article thumbnail

GST Council reconstitutes GoM on GST revenue analysis, expands ToR

CFO News

The GST Council has reconstituted the Group of Ministers (GoM) on GST revenue analysis with revised terms of reference. The GoM, led by Goa Chief Minister Pramod Sawant, will examine state-wise revenue trends, suggest sector-specific policy interventions, and look into the feasibility of a unified enforcement platform to tackle tax evasion.

40
article thumbnail

Finance panel reviews industry proposals for infrastructure expansion

CFO News

16th Finance Commission: This initiative comes as part of the commission's ongoing assessment of financial landscape at both Centre and state levels.

Finance 40
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.