Mon.May 20, 2024

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10 Factors To Determine If Your Potential Niche Is Really Viable (And How To Finetune If Necessary)

Nerd's Eye View

Ongoing research into how advicers can structure their practices to be better and more successful has consistently highlighted the benefits of choosing to serve a specific niche. In fact, the more specific the niche, the better, as a highly specialized niche not only allows an advicer to differentiate themselves in a crowded marketplace of other 'generalist' advicers, but also helps them build a more efficient practice where they serve clients who share similar characteristics (and puzzles to so

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Want to fix the accounting talent shortage? Raise starting salaries, students say.

CFO Dive

Mean starting salaries for accounting and related services majors in 2022 stood at $60,698 in 2022, according to the National Association of Colleges and Employers.

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Trending Sources

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How SEBI is tightening norms for independent directors

CFO News

The evolving regulatory environment highlights the imperative for prospective independent directors to possess the requisite expertise and commit to upholding governance standards effectively.

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Economists bump up 2024 core PCE inflation forecast to 2.7%: NABE

CFO Dive

Fed officials reiterated Monday that before trimming borrowing costs they need more confidence that price pressures will steadily decline.

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Master Your Expenses: The Ultimate Corporate Card Checklist

Choosing the right corporate card program is key to managing employee spending effectively. This checklist highlights important factors to consider, like ease of administration, card acceptance, real-time data, and software integration. It also details features like customizable policy controls, dynamic approvals, and robust analytics to help optimize expense management.

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NFRA imposes Rs 2.5 crore fine on two auditors in Reliance Commercial Finance case

CFO News

The National Financial Reporting Authority (NFRA) has penalized two auditors with fines totaling Rs 2.5 crore for professional misconduct and auditing lapses in the Reliance Commercial Finance case for FY2018-19. It imposed a Rs 2 crore fine on Shridhar & Associates and Rs 50 lakh on Ajay Vastani, along with a 5-year ban on Vastani from undertaking audits.

More Trending

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CarDekho Group appoints Neelesh Talathi as Group CFO

CFO News

Neelesh Talathi named as the successor of Mayank Gupta. The appointment is expected to contribute to the group's progress toward a public offering.

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Grayscale CFO takes interim chief exec role as CEO exits

CFO Dive

Edward McGee, the crypto asset manager’s finance chief, will serve as interim chief executive until Peter Mintzberg joins as its new CEO in August.

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Go First's creditors to auction pledged land parcel in Thane

CFO News

Creditors are set to auction a prime 94-acre land parcel in Thane near Mumbai, previously collateral for loans taken by Go First Airlines. The auction process involves major creditors and potential bidders amidst evolving legal challenges and financial considerations.

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A Day in the Life: Victoria Wymark from PwC Southeast Asia Consulting

Future CFO

Editor’s note: Going down uncharted paths can bring learning opportunities and rewards you never imagined before. In today’s A Day in the Life interview, Victoria Wymark (pictured), Director, Digital Transformation, PwC Southeast Asia Consulting (SEAC) shared with FutureCFO audiences two such experiences in her professional life and in travel, plus her typical work day.

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Live Demo: How to Achieve Reconciliation Zen

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

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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Small cities home to big dream jobs: Hiring scene in tier 2, 3 cities gets busy

CFO News

Job opportunities are growing across sectors in tier 2 and 3 cities, and professionals are eager to join, recruiters and firms said. Escalating living costs and infrastructural challenges in metros are prompting executives to move to smaller cities. Companies, on their part, are drawn by cheaper land costs, lower salaries and easy talent availability, besides rising disposable incomes in these cities.

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WEBINAR: Tailored Quality of Earnings (QoE)

E78 Partners

In our recent webinar, co-hosted by industry experts Dan Stankey and Garrett Rizk, participants learned about the evolution of Quality of Earnings (QoE) and its critical role in M&A transactions. This session provided valuable insights into both buy-side and sell-side QoE analyses, emphasizing their importance in due diligence processes and highlighting the rising trend of sell-side QoE.

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Navigating Bank Lending Shifts: How Commercial Credit Group Sustains Reliability

Commercial Credit Group

As banks withdraw from the equipment financing industry and adopt more restrictive lending practices, there are fewer options to secure the funding necessary to purchase equipment and grow your business. Changes in lending policies can have a significant impact on both prospective borrowers seeking loans and established business owners who have been long-standing customers at a bank.

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Efficient cap table management: key strategies for finance leaders

Cube Software

Understanding cap tables A cap table, or capitalization table , is a critical tool for any finance leader. It provides a snapshot of a company’s ownership structure, detailing who owns what, how much each stakeholder owns, and the potential future changes in ownership.

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New DOL Final Overtime Rules: Quickstart Guide for Employers

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

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The Guide for an Accurate Bank Reconciliation

The Finance Weekly

What Is Bank Reconciliation? Bank reconciliation is a process companies use to ensure that their recorded cash balances align with the actual cash held in their bank accounts. As businesses increasingly engage third parties for making and receiving payments, bank reconciliation should be extended to include cash handled through these other entities, such as online payment systems.

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Spring cleaning your financial data: where to begin

Cube Software

Why spring cleaning is essential to finance Spring cleaning your financial data is more than a routine check—it's a critical practice that ensures healthy, efficient finance operations.

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1001: Building Teams and Breaking Boundaries | Julien Lafouge, CFO, Spendesk

CFO Thought Leader

Angola might not top the list of destinations to which executives typically flock to build their careers, but for Julien Lafouge, it was the starting point of an extended journey. Back in 2001, Lafouge stepped into a pivotal finance leadership role with Technip, a technology provider to the energy industry. This unconventional geography forced him to develop a keen sense of resilience and adaptability, traits that would become cornerstones of his career.

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From Numbers-Driven to People-Focused: Area President Mike Derringer Shares His Career Journey on the Inspired Stories Podcast

Focus CFO

A Fractional CFO Firm business owner shares his journey of embracing curiosity, mastering the Sandler sales method, and building a team-based approach to finance.

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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.

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A leaner M&M charting new expansion path, looks to enter new industry, list 2 businesses, step up global presence

CFO News

The group also aims to ensure that Tech Mahindra and Mahindra & Mahindra Financial Services (Mahindra Finance) realise their full potential besides bolstering the logistics, holidays and real estate businesses, which have been identified as “growth gems”

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ON LOCATION: Among the Planning Masses at Perform24

CFO Thought Leader

Planful CEO Grant Halloran shares his insights on the current state of AI adoption in the enterprise, emphasizing the need to temper excitement with reality. He highlighted the importance of understanding legal and security aspects, listening to customers, and pacing AI development with their ability to use it effectively. Halloran also discussed the potential of AI to transform business processes, emphasizing the importance of a human-AI partnership and the need for customers to adapt to using

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"Intellectual property of the bank": SBI once again refuses to disclose SOPs on sale, redemption of electoral bonds

CFO News

In response to a Right to Information Act appeal, State Bank of India (SBI) has again refused to disclose the standard operating procedures (SOPs) for the sale and redemption of electoral bonds. SBI justified the denial by stating that the information is held in "commercial confidence," constitutes the bank's "intellectual property," and is intended solely for internal staff use.

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ION Markets – Bond Pricing

Reval

ION Markets – Bond Pricing The post ION Markets – Bond Pricing appeared first on ION.

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Your Guide to Creating a Travel Policy

Navigating travel expenses can be challenging, but our workbook offers a clear path forward. Learn to craft a travel policy that fits your budget and makes travel management simple. This self-guided workbook offers: Practical advice on choosing airlines, setting booking time frames, and managing travel costs effectively. Insights into selecting the right class of service for each employee, ensuring everyone travels comfortably and within policy.

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CCI to boost strength for better oversight of digital, other sectors

CFO News

The regulator currently has 15 officers in its two anti-trust divisions, 10 in the combination wing, six each in the legal and research and trend analysis divisions, five each in economics and advocacy divisions and four in international cooperation division, among others, according to its website.

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What Is the Consumer Doing…?

Barry Ritholtz

My long-standing skepticism about survey data has reached the point where I feel compelled to comment on the current state of the art. While it is always risky to ignore broad deep reliable surveys I’m following up on a few prior sentiment posts. First off, I am not discussing online surveys; those easily gained and worthless. Rather I am discussing the regular surveys that come in to people through their landlines texts and mobile phones.

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Anuj Rathi to take over as CEO of Flipkart-owned Cleartrip

CFO News

Flipkart is seeing another set of top-deck changes, as it ropes in Anuj Rathi as the new CEO of its travel booking unit Cleartrip, while top executives Prabh Simran Singh and Sankalp Mehrotra are exiting the firm.

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