CFO Selections

JUNE 28, 2023

We’re trying something new today by giving our readers access to insights from an internal conversation we’ve been having! In a recent team meeting our experienced CFOs were discussing what organizations can do to get ready for a recession or economic downturn. The list of tips that our team came up with to prepare your business for a recession offers great advice for for-profit and non-profit entities alike, no matter what the future holds.

Economics 52

Economics Risk Management Forecasting Planning 52

CFO Dive

JUNE 28, 2023

Only 37% of surveyed respondents believe that their organizations have sufficient staffing to properly run compliance programs and internal controls, FloQast found in a recent survey.

Compliance 249

Compliance 249

Barry Ritholtz

JUNE 28, 2023

All of the companies in the S&P 500 are worth $7.1 trillion in assets, accounting for close to 80% of available market capitalization on U.S. stock exchanges. Visual Capital notes: “Over the last decade, big tech names have dominated the index. The tech sector makes up over 26% , with Apple, Microsoft, and Nvidia as the top S&P 500 companies by market capitalization.

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Concentration Numbers Accounting Marketing 103

CFO Dive

JUNE 28, 2023

Jonathan Root is taking the Milwaukee, Wisconsin-based company’s finance reins amid a slump in sales of its iconic motorcycles.

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CFO Finance Sales 240

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

Centage

JUNE 28, 2023

When it comes to automation, what’s particularly beneficial is the way technology can automate how financial data flows through models and forecasts, freeing financial teams from the manual labor of attempting to create forecasts via spreadsheets. More importantly, the automation means executive teams have real-time up-to-date information to make decisions, and not a static forecast that is months old.

Forecasting 98

Forecasting Financial Planning and Analysis (FP&A) Cash Flow Forecasting Finance 98

CFO News

JUNE 28, 2023

In FY24, BDO India is planning to add 2,500 employees to its current strength of 5,000 number and is targeting to cross Rs 1,100 crore revenue.

Accounting 98

Accounting Numbers Planning 98

CFO Dive

JUNE 28, 2023

“Stickier than expected” inflation is bad for both stocks and bonds, Karniol-Tambour asserts.

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CFO News

JUNE 28, 2023

PTC India: About 31.91% of votes in the public institutional category and 34.4% in the public others category were against the re-appointment.

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Barry Ritholtz

JUNE 28, 2023

My mid-week morning train WFH reads: • The Stock Market Isn’t as Calm as It Seems : Traders are scooping up bets on volatility surging at a record clip. ( Wall Street Journal ) • Tech’s Toughest Cuts Could Draw New Talent to Asset Management : Asset managers are eyeing thousands of workers laid off by the tech industry as asset management firms build out their own capabilities. ( Chief Investment Officer ) • The Uneven Effect of Remote Work, in One List : This ranking of jobs by percentage of re

Auditing 56

Auditing Treasury Investments Technology 56

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CFO News

JUNE 28, 2023

Sebi has approved a proposal to reduce the time period for listing shares for initial public offerings (IPOs) from 6 days to 3 days. The new timeline will be implemented in two phases, with voluntary compliance starting from September 2023 and mandatory compliance from December 2023.

Compliance 52

Compliance Securities 52

Future CFO

JUNE 28, 2023

What do Gen Z and millennial employees want? How can business leaders do a better job of retaining and attracting younger talent? According to the Deloitte Global 2023 Gen Z and Millennial Survey, Gen Z and millennial employees — though often portrayed as only caring about work-life balance — are values-driven, concerned about the environment, the state of the world, and the future they see developing ahead of them.

Economics 52

Economics Planning Finance Numbers 52

CFO News

JUNE 28, 2023

The layoffs come with the company rejigging its internal structures, with most of the decisions now being taken by the Chinese parent - a change that several employees said was at the heart of the company's slipping market share.

Marketing 52

Marketing 52

Focus CFO

JUNE 28, 2023

When an incoming storm approaches, cattle instinctively run away—which ultimately means they spend more time suffering through the worst of it. The instinct of buffalo is quite the opposite; they charge directly into the storm. By confronting the challenges of the storm head-on, buffalo minimize the time and the degree of discomfort they endure, getting to the other side as quickly as possible.

Economics 52

Economics CFO Forecasting Communication 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

CFO News

JUNE 28, 2023

Banks and the Reserve Bank had flagged the difficulty in executing the TCS regime on credit cards to the government. The finance ministry on May 16 scrapped Rule 7 of the Foreign Exchange Management (Current Account Transactions) Rules, 2000, which kept international credit card spends out of the LRS ambit.

Foreign Exchange 52

Foreign Exchange Finance Banking Accounting 52

Nerd's Eye View

JUNE 28, 2023

One of the key steps in the financial planning process is presenting the plan to the client, which has traditionally been done as part of a single 'plan presentation' meeting that takes place once the advisor has gathered and analyzed all of the client's data. While this approach may have made sense in a time when the 'plan' itself was mostly limited to investment recommendations (which the advisor would be able to go on and implement themselves since they were managing the client's assets), fin

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Planning Education Leverage Technology 94

CFO News

JUNE 28, 2023

At least six of every 10 employees have received increments in double digits, 10% and above, according to the survey conducted by Naukri.com for ET. A small percentage, mostly at entry level, got 20-25% hikes for exceptional performance.

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CFO News

JUNE 28, 2023

"So far as India is concerned, both regulators and regulated entities need to stay the course with an unwavering commitment to ensuring a stable financial system," RBI Governor Shaktikanta Das wrote in the semi-annual Financial Stability Report. "It has to be remembered that seeds of vulnerability often get sown during good times when risks tend to get overlooked.

Financial Systems 52

Financial Systems 52

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

CFO News

JUNE 28, 2023

The new unit builds on top of P&G India’s existing manufacturing footprint of eight plants across the country and expands the existing presence in Gujarat where it has had a plant in Sanand, Ahmedabad, since 2015. The new facility is situated across a 5.3 lakh square feet area and will manufacture products in the digestive wellness space.

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Manufacturing Investments 52

CFO News

JUNE 28, 2023

European telecom gear makers Nokia and Ericsson have refused to supply 5G equipment to Vodafone Idea (Vi) on credit, people aware of the matter said. Financially stressed Vi, which has yet to place an order for 5G equipment, was seeking relaxation in payment terms, they told ET.

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CFO News

JUNE 28, 2023

Think and Learn, the parent entity of Byju’s, had raised Rs 2,000 crore as a three-year loan facility from Davidson Kempner in a structured credit transaction against the cash flows of its test prep arm Aakash Educational Services.

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Education 52

CFO News

JUNE 28, 2023

According to the sources privy to the development, the airline's EY-backed Resolution Professional Anooj Ajmera and Interim CEO Kaushik Khona made a detailed presentation to the DGCA officials on the revival plan. DGCA will also conduct an audit to assess the airline's operational preparedness once it completes the scrutiny of the documents. The audit is expected to take place next week, one of the sources told PTI.

Auditing 52

Auditing Planning 52

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Accounting

CFO News

JUNE 28, 2023

In this fragile global milieu, Das said, balancing the policy trade-offs, preserving macroeconomic and financial stability, shoring up confidence and supporting sustainable growth are top priorities for policymakers the world over.

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CFO News

JUNE 28, 2023

The factors that are driving the slowdown from 7.2 per cent growth last fiscal are weaker external environment, moderation in pent-up demand, and softening private consumption activity, Rana said, adding, with tighter monetary policy there is expected to be some impact on consumer demand.

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CFO News

JUNE 28, 2023

India's startup ecosystem is facing challenges as funding dries up and governance issues arise. Byju's, India's most valuable startup, is in turmoil after missing financial deadlines and losing its auditor and board members. Other startups, including BharatPe and GoMechanic, have also faced scandals. The intense price competition and limited spending power of India's consumer market make it difficult for startups to reach profitability.

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Startups Marketing 52

CFO News

JUNE 28, 2023

The onset of the monsoon, the merger completion announcement by HDFC Bank and Housing Development Finance Corp, and rollovers ahead of the expiry of the June derivative series are some of the factors contributing to the gains in the market.

Finance 52

Finance Banking Marketing 52

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