Sun.May 11, 2025

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A Day in the Life: Nguyễn Trung Ngân from Deloitte Vietnam

Future CFO

Editors note: In todays A Day in the Life , Nguyn Trung Ngn (pictured), tax senior manager at Deloitte Vietnam , shares with FutureCFO audiences how leading a complex transfer pricing audit for a multinational client became pivotal for her career and how her passion for public writing became one of her greatest sources of inspiration. FutureCFO: What does a typical day look like for you?

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1096: Why Usage Beats Revenue in Video SaaS | Gillian Munson, CFO, Vimeo

CFO Thought Leader

When GillianMunson pictures a Vimeo customer, she doesnt start with a filmmaker, she imagines an insurance company executive or a corner grocery store owner uploading a training clip into Vimeos ever thirsty player, and hitting publish without ever surrendering controlor ad spaceto a thirdparty network. That simple embed workflow, she tells us, explains why eight of the ten largest healthcare companies and a widening roster of retailers, insurers and media giants now trust Vimeo to keep their fo

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Trending Sources

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India has 5 years to build on China+1 supply chain change: World Bank Group president Ajay Banga

CFO News

World Bank Group President Ajay Banga emphasizes India's crucial five-year window to capitalize on supply chain shifts driven by the China+1 strategy. He advises focusing on logistics, regulatory reforms, and skilling to fully leverage these opportunities. Banga also highlights the importance of private sector-led growth and strategic investments in key sectors like infrastructure and healthcare for job creation.

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10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: MAGA and the American Pope : Seven things to know about Pope Leo XIV. ( The Bulwark ) A Kansas City Neighborhood Is a Sea of Vacant Lots. Locals Blame One Company. For over 50 years, residents of north Valentine have fought to save homes from the wrecking ball, as Kansas City Life Insurance continues to tear down properties without a concrete plan to redevelop the neighborhood. ( Wall Street Journal ) Glo

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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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Sebi may ease some F&O curbs amid market concerns

CFO News

A panel appointed by the regulator recommended easing limits on index and single-stock derivatives and doing away with the suggestion to impose a penalty in the event of a transgression in the trading limits. The plan to change the way Open Interest or outstanding positions of futures and options are calculated will stay, they said.

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CBI traces benami 2 crore Mumbai flat to Hyderabad I-T chief

CFO News

CBI's FIR exposes IRS officer Jeevan Lal Lavidiya's alleged corruption, involving benami property deals and hawala transactions. Lavidiya, commissioner of income tax, reportedly received a Mumbai flat as a bribe and accepted cash payments to influence tax appeal decisions. Intermediaries facilitated bribes from various firms, including NDW Development Corporation and Ventura Securities.

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Was it a 'fraud'? Auditors ask IndusInd Bank

CFO News

IndusInd Bank faces scrutiny as auditors demand clarity on its derivative accounting discrepancy, potentially classifying it as fraud. The issue, involving losses near 2,000 crore, stems from differing accounting treatments in internal and external forex transactions. The bank's board must decide on the 'fraud' designation, impacting regulatory reporting and potentially setting an industry precedent.

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Global traders track Indo-Pakistan tensions amid delays at ports

CFO News

Geopolitical tensions between India and Pakistan are causing concern among foreign importers, who are seeking updates from Indian suppliers. Cargo movement has slowed at some ports, and banks are taking longer to process documents for shipments to Turkiye due to its support for Pakistan.

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UK announces plans to curb migration through tougher visa policies

CFO News

The UK government is set to tighten visa rules, aiming to curb the influx of foreign workers amidst rising concerns about pressure on public services and right-wing protests. New measures include stricter requirements for skilled worker visas and limits on lower-skilled visas, prioritizing domestic recruitment and training.

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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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Finmin asks banks to strengthen legal recovery processes

CFO News

The finance ministry is pushing banks to tighten legal recovery processes by reviewing advocates, streamlining case allocation, and reconciling settled cases. This directive follows concerns raised by the Supreme Court regarding the Bhushan Power and Steel acquisition. Banks are urged to expedite resolutions, minimize delays in NCLT filings, and actively pursue the vacation of stay orders to resume stalled processes.

Banking 40
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Manappuram posts Rs 203 crore loss on Asirvad stress, names new CEO

CFO News

Manappuram Finance reported a 203 crore consolidated Q4 loss due to severe stress at Asirvad Micro Finance. Standalone profit dipped slightly, while a 500 crore equity infusion was announced to support the troubled subsidiary.

Finance 40
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IPO, buyback hurdles hit Airtel Africa

CFO News

Airtel Africa has grown faster than its African peers consistently over time in the lucrative mobile money space, the reason analysts have repeatedly pitched the much awaited IPO of Airtel Africa's mobile money business as a key business growth catalyst.

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US, China reach deal to cut trade deficit, US officials say, details on Monday

CFO News

U.S. Treasury Secretary Scott Bessent reported "substantial progress" in trade talks with China, aiming to de-escalate the damaging trade war. U.S. Trade Representative Jamieson Greer described the outcome as "a deal we struck," anticipating a reduction in the U.S. global goods trade deficit. Details of the agreement are expected to be announced on Monday.

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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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FMCG sector set for recovery in H1FY26; Consumer durables show long-term strength: Report

CFO News

The fast-moving consumer goods (FMCG) sector is expected to see a rebound in demand in the first half of financial year 2025-26, supported by a revival in rural markets, easing inflation, and favorable pricing strategies, according to a recent report by ShriRam Mutual Fund.

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DoT to soon roll out rules to allocate satellite spectrum

CFO News

While earlier also, satellite spectrum used to be given administratively to VSAT, or very small aperture terminal, operators etc, as part of the licence, the modalities have to be defined afresh, as now onwards, there would be an authorisation regime wherein rules will be notified separately.

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Unsecured loans: Improved outlook fuels expansion

CFO News

Indian banks are preparing to carefully increase their unsecured loans. This is due to better asset quality and less stress in personal loans and credit cards. State Bank of India expects personal loans to grow. Overall credit growth has slowed. The Reserve Bank of India had increased risk weights on these loans.

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NCLT admits L&T Finance plea against Tikona Infinet over unpaid dues

CFO News

The Mumbai bench of the NCLT has admitted L&T Finance's insolvency plea against Tikona Infinet over a 116.01 crore default on coupon payments for convertible debentures. The tribunal appointed an interim resolution professional, clarifying that CCDs can be considered financial debt if coupon payments are obligatory, irrespective of their classification as equity instruments.

Finance 40
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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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RBI fines SBI and Jana Small Finance Bank for certain non-compliances

CFO News

The Reserve Bank of India (RBI) has imposed a penalty of Rs 1,72,80,000 on State Bank of India for non-compliance with regulatory guidelines related to loans, customer protection, and current account openings. Additionally, Jana Small Finance Bank Ltd has been fined Rs 1 crore for violating provisions of the Banking Regulation Act, 1949.

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FPI declined in April to Rs 42.2 bn from Rs 62.71 bn in March: IDBI Capital

CFO News

Foreign portfolio investors (FPIs) recorded a net inflow of Rs 42.2 billion, witnessing a decline from Rs 62.71 billion in March, according to the data compiled by IDBI Capital.

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Uttar Pradesh eyes Rs 63,000 crore FY26 excise revenue

CFO News

Uttar Pradesh aims to boost its excise earnings to 63,000 crore in fiscal 2025-26, driven by a new e-lottery policy for allocating retail liquor shops. The state anticipates an investment of approximately 7,900 crore to establish more manufacturing facilities, fostering premiumization within the liquor business. Efforts are underway to neutralize monopolies and attract investments in the alco-beverage industries.

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75 leading tech companies spearheaded over 2,610 CSR projects, investing Rs 5,443 cr: Nasscom Foundation

CFO News

AI, digital skilling, and sustainability are reshaping CSR which is now a strategic imperative, and not a side activity, says Nasscom Foundation CEO, Jyoti Sharma.

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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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FIIs to resume equity purchases in India as bulls roar: Analysts

CFO News

The ceasefire between India and Pakistan has paved the way for a sharp rally in the market and with this, foreign institutional investors (FIIs) are likely to resume their equity purchases in India, analysts said on Monday.

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Andhra Deputy CM announces property tax exemption for defence personnel in villages

CFO News

Andhra Pradesh Deputy Chief Minister Pawan Kalyan has declared a property tax exemption for all active Indian Defence personnel owning homes within gram panchayat limits.

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RBI's new co-lending norms spark fears of dual reporting of defaults

CFO News

One of the most contentious aspects of the new framework is the proposal for a simultaneous classification of non-performing assets, where a loan marked as NPA by one partner will be tagged by all other co-lenders.

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Husband wife duo wins Rs 1.3 crore long term capital gains tax exemption case under Section 54 despite selling two houses to buy a joint property; ITAT Mumbai case

CFO News

The ITAT Mumbai ruled that a wife is eligible for a Rs 1.3 crore Section 54 LTCG tax exemption on a property sale, even though the new property was jointly purchased with her husband. This decision came after the tax department initially rejected her claim. However ITAT Mumbai said this is subject to the condition that the AO verifies her claim and makes sure there is no double claim.

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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.