CFO Dive

AUGUST 4, 2023

The parent of the credit rating giant Moody’s Investors Service tapped its chief accounting officer to step in as interim CFO as it hunts for a permanent finance chief.

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Navigator SAP

AUGUST 4, 2023

Cloud-based enterprise resource planning systems (ERP) are becoming the norm among businesses as backend processes are fully moved to the cloud as part of an organization’s digital transformation strategy. Cloud ERP does have its downsides, however, as with all technology. Chief among the disadvantages of cloud-based ERP is limited customization. With cloud-based ERP, as with all cloud services, standard processes replace the customization that often comes with on-premise software.

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SAP Prioritization Healthcare Finance 130

CFO Dive

AUGUST 4, 2023

As of June 30, approval rates for shareholder proposals focused on environmental and social issues fell compared to all of 2022, Diligent Market Intelligence said.

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Driven Insights

AUGUST 4, 2023

As a business owner, it’s natural to be hesitant to hand over the reins of your accounting processes and financial reporting to an outsourced virtual bookkeeping firm. You trust your in-house bookkeeper to file the taxes, get the bills out on time and do a reasonable job of collections. Reports may lack detail, but the control is comfortable and supports a steady pace.

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

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

Accounting

CFO Dive

AUGUST 4, 2023

How customers perceive a brand based on every interaction with it should be measured across multiple lines of business, CVS Health’s Srikant Narasimhan said.

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CFO Dive

AUGUST 4, 2023

CFOs facing the generative AI learning curve should take a two-pronged approach to its deployment, EY’s Mike Kelly advises.

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CFO News

AUGUST 4, 2023

Capital markets regulator Sebi on Friday provided more clarity on the framework concerning online resolution of disputes in the Indian securities market. Providing clarity on initiation of the dispute resolution process, Sebi said that an investor will have to first take up his/her grievance with the market participant by lodging a complaint directly with the concerned market participant.

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Driven Insights

AUGUST 4, 2023

If you receive accurate, insightful financial and operating reports each month -- without taking time away from where you need to be adding value -- and that information fuels the decisions that drive your business month after month, then there’s no need to read on. However, if you’re like most small business owners (or advisors/investors thereof), real game-changing information is as fleeting as time in the day.

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CFO News

AUGUST 4, 2023

The Digital Personal Data Protection (DPDP) Bill 2023 has introduced a concept of deemed consent, explicit consent and a right to the data subject to withdraw consent.

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Nerd's Eye View

AUGUST 4, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that credit ratings agency Fitch on Tuesday downgraded its assessment of the U.S. government's creditworthiness from an AAA rating to AA+. While the downgrade has made headlines and might be startling to advisory clients (particularly those with significant portfolio allocations to U.S.

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CFO News

AUGUST 4, 2023

Hardik Dhebar, the CFO of Delta Corp Ltd, has resigned from his position after 15 years with the casino company, due to professional challenges and career goals. Dhebar's resignation will come into effect on August 16th, 2023, and the Board of Directors will find a replacement to ensure continuity in the company's operations. Delta Corp Ltd reported a 19% increase in Q1 FY24 profit due to higher demand for casino gaming.

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Focus CFO

AUGUST 4, 2023

Every business owner will, eventually, transition—meaning they will either pass the ownership to someone else, sell the business, or make arrangements for a successor—whether on their own plans and timeline or due to circumstances beyond their control. I recently worked with a seventh-generation family business and, although the business has remained owned by the family, it has transitioned seven times!

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CFO News

AUGUST 4, 2023

The HC had asked Oppo to deposit 23 per cent of the amount paid under its 2018 License Agreement towards "royalty" for alleged infringement of Nokia's three standard essential patents in cellular technology.

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Technology 52

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

Planning

Driven Insights

AUGUST 4, 2023

Your Virtual CPA (certified public accountant) is a crucial part of your finance team. They must turn a year’s worth of accounting entries into final yearend financial statements that ultimately lead to the smallest possible tax liability. It seems as though there's a CPA on every corner. But they're not all created equal. The challenge is how to find a Virtual CPA with the right experience and knowledge for YOUR business.

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CFO News

AUGUST 4, 2023

Go First’s resolution professional was directed by the National Company Law Tribunal on Friday to file an additional affidavit within the next 10 days, which shall also include a report on the maintenance of assets. The tribunal said that noted that as this was a serious matter, a report on maintenance could be included in the additional affidavit to be filed by RP of Go First.

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The Reformed Broker

AUGUST 4, 2023

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Joe Terranova, Mark Fisher, and Downtown Josh Brown discuss what it takes to be a trader, the energy sector, commodities, the US downgrade, treasuries, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

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Treasury Marketing 52

CFO News

AUGUST 4, 2023

Mahindra & Mahindra is unlikely to increase its stake in RBL Bank unless there’s a compelling reason to do so in line with the company’s capital allocation guidelines, the company’s top official said, seeking to assuage investor concerns on the tractor- to-technology conglomerate straying on the path to fiscal discipline, it embarked upon a couple of years ago.

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Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

Finance

Barry Ritholtz

AUGUST 4, 2023

I am a sucker for a good infographic. This depiction of the top 100 brands by Brand Finance (via Visual Capitalist ) is a good example. They examined 5,000+ companies across 38 countries. A brand’s value represents “the allocation of company earnings that are linked to the brand.” By sector, its Tech at #1 (19.4%), Retail at #2 (15.0%), Media at #3 (14%), Banking at 4 (10.2%) and Automobiles at 5 (8.6%) click for original The post 100 Most Valuable Brands appeared first on The Big Pi

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CFO News

AUGUST 4, 2023

The director general of goods and services tax intelligence has detected around 8,000 cases of fraudulent input tax credit claims and is issuing notices to the involved entities. The majority of these cases included fake suppliers with GST registrations and fake invoices. The GST authorities have carried out a two-month crackdown on companies involved in the supply of fake bills and invoices to avail credit and have started the second phase to target entities that availed fake invoices.

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CFO News

AUGUST 4, 2023

In its comments on the discussion paper, Amazon argued that technological advancements have resulted in solutions which operate prior to the generation of the actual message that do not interact with any telecom network.

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Technology 52

CFO News

AUGUST 4, 2023

In a notification issued late night, the Directorate General of Foreign Trade (DGFT) gave "liberal transitional arrangements" for such imports and said that its August 3 notification on import restrictions will be effective from November 2023.

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Advertisement

In this white paper, we explore the factors to consider in deciding whether the time is right for your Company to consider a new ERP or accounting software, the total cost of ownership and plans necessary to make the potential leap to these systems.

Accounting

CFO News

AUGUST 4, 2023

Raigad police in Maharashtra on Friday registered an offence against five persons including Edelweiss Group chairman Rashesh Shah for alleged abetment of art director Nitin Desai's suicide. A First Information Report was registered under Indian Penal Code sections 306 (abetment of suicide) and 34 (common intention) at Khalapur police station based on a complaint filed by Desai's wife Neha Desai, an official said.

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CFO News

AUGUST 4, 2023

RIL has set August 21 as the record date to determine eligible shareholders for payment of dividend. Dalal Street investors will keenly look forward to it, as Chairman Mukesh Ambani usually makes key announcements related to growth and expansion plans in AGMs.

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CFO News

AUGUST 4, 2023

Wipro CEO Thierry Delaporte took home a remuneration of $10 million or Rs 82.2 crore during FY23. Delaporte is also the highest-paid CEO among his IT peers in FY23. During FY23, the shares of Wipro fell nearly 38%, while it saw its PAT dip by 7% during the same period.

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CFO News

AUGUST 4, 2023

ITC is planning to list ITC Hotels in the next six to nine months, people familiar with the developments told ET. The next course of action is likely to be taken in the board meeting to be held on August 14, the people said. In a response to ET's queries, ITC did not comment on whether it plans to list ITC Hotels in the next six to nine months but cited an intimation to the stock exchanges from July 24 that states that the scheme of arrangement shall be placed for approval of the board at its ne

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