Thu.Feb 23, 2023

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Mix of tech, vigilance helps thwart financial crimes

CFO Dive

Financial crime spans corporate across the board, and it is sound business practice to have something in place that says, ‘do we really know how money flows in and out,’ says Leslie Bailey.

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Effective supervision by SEBI could have saved a lot of Adani Group investors: Amarjit Chopra

CFO News

Though Adani might have become really big no single Indian corporate failure can cause the collapse of the Indian corporate world and Indian banking sector, says the former President of the Institute of the Chartered Accountants of India.

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Six steps CFOs communicating layoffs should take

CFO Dive

Layoffs are painful. Finance chiefs need to prepare in order to avoid missteps and ensure their approach to staff cuts is as empathetic and transparent as possible.

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Agency Capitalism in Private Markets: Who Watches the Agents?

CFA Institute

The pertinent question to ask about private markets is: Who watches the agents?

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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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3 currency hedging lessons learned

CFO Dive

Though the U.S. dollar has trended weaker since hitting a two-decade high in September, U.S. Bank’s Paula Comings still advises companies to revisit their hedging policies.

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SelectQuote latest to tap interim exec for permanent CFO

CFO Dive

Companies are looking to internal candidates to fill both interim, and possibly permanent, CFO positions as they face a shortage of qualified CFOs.

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Kitces & Carl Ep 106: Sharing ‘Real’ Examples Of Your Work To Show The Value Of Financial Planning

Nerd's Eye View

The increasing popularity of financial planning has led to a growing awareness of how important managing finances and planning for the future can be. Despite its growing popularity, though, financial planning remains a relatively mysterious concept for many people who don’t understand how financial advisors actually provide value. For most financial advisors today, a website is a critical tool that allows them to market their services and communicate their fees to potential clients.

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7 steps for implementing integrated business planning

Jedox Finance

Moving from traditional, siloed planning to integrated business planning (IBP) helps teams across an organization collaborate better by integrating all the data that matters into a single platform, no matter how complex the business environment. The result is a more complete picture of an organization and its performance, which empowers teams to work smarter, collaborate better, and hit the mark.

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Interest Rates, HELOCs, & 401ks

Barry Ritholtz

Today I had some fun recording portfolio rescue with Ben and Duncan the whole thing is worth watching (I pop in around the 17-minute mark). We talk a bit about real estate and what the 70 million retiring boomers will do to the markets. Both questions are a fascinating reveal of how a common understanding of complex subjects barely scratches the surface of the rich complexities that lay beneath.

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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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Relief for Zee Entertainment as NCLAT stays insolvency proceedings

CFO News

The national company law tribunal had earlier admitted Zee Entertainment under insolvency proceedings after a petition was filed by IndusInd Bank over a default of Rs 83 crore by Siti Networks, a sister company owned by Essel Group. ​​​​​​​​​​​Analysts raised concerns about possible delays due to the insolvency proceeding on the Zee-Sony merger that is aimed at creating a $10 billion media powerhouse in India.

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Linda Rossouw: What a meaningful finance career looks like

CFO Talks

Career paths often follow one of two extremes: the traditional method of working for a single company for decades, and the job-hopping millennial approach. Linda Rossouw has found a goldilocks career route. Staying long enough to make a meaningful difference but changing jobs and even sectors often enough to grow her professional skills. The five-year itch Rossouw has worked for numerous firms during her career, including Uniplate Group, Expert Mining Tools, Element Six, Galaxy Jewellers, ADT,

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India's economic growth likely slowed further to 4.6% in October-December

CFO News

Gross domestic product (GDP) growth in the last quarter slipped to an annual 4.6%, according to the median forecast of 42 economists in the Feb. 10-24 survey. The economy had expanded 13.5% in April-June -- boosted largely because of pandemic-related statistical distortions -- before moderating to 6.3% in July-September.

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Auditing and accounting talent shortage remain a top issue

Future CFO

Auditing and accounting talent shortage continue to make employers toss and turn, according to a global survey of more than 4,100 accountants and 2,300 auditors. More than 90% of accountants and 95% of auditors surveyed find it either challenging or extremely challenging to hire skilled talent, said software provider Caseware recently when releasing survey results.

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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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Auto component replacement demand to grow at 6%-8% in FY24: ICRA

CFO News

ICRA estimates that the average age of M&HCVs had increased to almost 10 years, while the average age of PVs had risen to 7.3 years in FY22, the highest in the past two decades. The growth is supported by underlying demand drivers, including the increase in mobility, improving economic activity, and healthy freight movement. The improvement in demand has resulted in a positive impact on cash flows for aftermarket dealers and garages.

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Looking To Relocate To Portugal? Here’s Everything You Need to Know

Financial Analyst Insider

Mesmerizing landscapes, beautiful people, tasty drinks and food, a lot of history, music, and changing weather is the shortest description of Portugal, an increasingly common The post Looking To Relocate To Portugal? Here’s Everything You Need to Know appeared first on Financial Analyst Insider.

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Assets worth Rs 26,000 crore monetised in FY23: NITI Aayog

CFO News

This takes the total monetisation value realized in FY22 and FY23 to ₹1.14 lakh crore which is 19% of the target of ₹6 lakh crore set under the National Monetisation Pipeline over a four year period (FY22-25) with ₹88,000 crore achieved in FY22.

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When and Why You May Need a Content Writer and Where to Find Them 

Financial Analyst Insider

Writing assistance can benefit individuals, private entrepreneurs, and business owners. Naturally, commercial writing for organizations requires long-term planning and extended collaboration, while occasional writing tasks The post When and Why You May Need a Content Writer and Where to Find Them appeared first on Financial Analyst Insider.

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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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LIC stares at a loss on Adani investments, from 100% gains last month

CFO News

The value of LIC's investment in Adani stocks has significantly dropped from Rs 81,268 crore on January 24, just before the release of the Hindenburg report, to Rs 33,149 crore.

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10 Thursday AM Reads

Barry Ritholtz

My morning train WFH reads: • Rising Bond Yields Rattle 2023 Stock Rally : The 10-year Treasury yield has surged higher, erasing an element of support for U.S. share indexes. ( Wall Street Journal ) • The five-day workweek is dead : The calls for something better are just getting louder. ( Vox ) • Pension Risk Transfers: What to Watch Out For : Will the PRT be financially solid?

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CFOs Leading the next paradigm

CFO News

ETCFO Leadership Summit 2023, our much-awaited jamboree was held in Mumbai this week, which saw who's who of the finance world participating, from the veterans to the younger lot, bringing their unique perspectives and vision to the table.

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Inflation, CAD worries to ease in FY24: Finmin report

CFO News

Despite elevated inflation, high-frequency indicators over the past two months suggest the economy is on track to achieve 7% growth in FY23, the finance ministry's Monthly Economic Review for January said.

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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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Nearly 62% of Indian CEOs optimistic about global economy: Arthur D Little

CFO News

"The big theme of the report is that fortune favours the brave. CEOs are far more optimistic about the outlook than reported. Second, people are doubling down on making investments for the future," said Barnik Chitran Maitra, managing partner, Arthur D Little India & South Asia. "If global CEOs are cautiously optimistic, in India CEOs are far more optimistic and focused on building the future.

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India's exports may see tepid growth in 2023: Govt

CFO News

Growth of global trade fell in 2022, "and is expected to be still lower in 2023 with a further decline in volume and value of trade on the back of slowing global output," India's Ministry of Finance said in monthly economic report.

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Apparel sector to contribute significantly in taking exports to USD 1 trn by 2030: AEPC

CFO News

"The government's key initiatives such as trade agreement with Australia and the UAE and increase in funds will help us to focus on market diversification and product diversification," council chairman Naren Goenka said. AEPC promoted global reach of Indian apparel exports to more than 25 export destinations through its export promotion activities in 2022-23.

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Deloitte India’s Rajeev Singh on auto sector, EVs and Tata Motors plans

CFO News

“India is definitely a very large consumption market. We are the second largest two-wheeler manufacturer globally. It makes a lot of sense for people to look at India from a large consumption base and that is the reason why we are seeing so many players interested in investing into India.

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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.