Thu.May 11, 2023

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PwC, KPMG China audits are flawed: PCAOB

CFO Dive

The PCAOB findings follow U.S. success in overcoming opposition from Beijing to the inspection of audits of China-based companies listed on U.S. stock exchanges.

Auditing 306
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Barcode Scanners Improve your Warehouse - Top 5

Navigator SAP

A barcode scanner is a device that reads barcodes and converts them into digital data. When integrated with an enterprise resource planning (ERP) system, a barcode scanner can significantly improve inventory accuracy. An ERP system is a software solution that integrates all the different departments of a company into one central system to manage their operations more effectively.

Planning 130
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FASB moves to tweak carried interest accounting

CFO Dive

The FASB’s proposed changes to accounting guidance on so-called carried interest isn’t likely to make the same kind of waves that proposed changes to related tax rules caused.

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Join Navigator at the 2023 Bio International Convention in Boston

Navigator SAP

The BIO International Convention attracts 14,000+ biotechnology and pharma leaders for one week of intensive networking to discover new opportunities and promising partnerships. Navigator Business Solutions will be attending the 2023 Bio International Convention in Boston, MA June 5th - 8th.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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Disney to cut back streaming content as subscriber count slumps, CFO says

CFO Dive

Disney’s restructured content strategy comes as the company faces legal battles, a changing entertainment environment and the impact of AI.

More Trending

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Beyond Meat CFO plans turnaround as revenue falls

CFO Dive

The maker of plant-based meat reported a 15.7% year-over-year revenue drop as inflation and shrinking demand weighs heavily on the sector.

Planning 264
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Inflation in some commodities seen, pockets of stress remain : Dabur CFO

CFO News

With the question in every CFO's mind running if inflation remains a concern for them for this fiscal where dealing with higher raw materials prices and hedging the currency also become priority , Jain feels there are pressures on some commodities and rural demand has been affected due to the continued inflationary pressure.

CFO 104
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GlobalFoundries taps former Amazon exec for CFO seat

CFO Dive

The new finance chief of chipmaker GlobalFoundries previously served as CFO of Amazon’s cloud computing business.

CFO 279
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Grant Thornton sees its CFO advisory business growing by 45% in FY24

CFO News

Grant Thornton Bharat may hire 400-500 people under its CFO advisory practice during FY24 to add to its existing size of 650 plus dedicated workforce in that domain.

CFO 105
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Planning Your Restaurant's Path to Profitability

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.

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Former Target CFO heads to Nordstrom

CFO Dive

Cathy Smith, most recently chief financial officer at Bright Health Group, is taking the job left open by Anne Bramman last year.

CFO 130
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CBIC mandates e-invoice for firms worth Rs 5 cr turnover to curb tax evasion, errors; boost revenue

CFO News

The move will bring most of the companies in the small and micro level into the tax fold and take the economy towards a more tax paying business population – the stated objective of the government as it inches towards a formal economy.

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The Power of Onboarding: Setting New Employees Up for Success

CFO Talks

By  Jeff Ryan , Managing Director for AWCape, a Platinum Sage Business Partner Have you ever heard of someone or a colleague who left their new job within the first two months of joining?  If the onboarding process is executed effectively and comprehensively, instances like these can be significantly minimized. Onboarding new joiners is a complex process that involves multiple teams and stakeholders, including HR, IT, the new hire’s direct manager, and more.

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Shell firms availing fake ITC claims under scanner of tax authorities

CFO News

According to a report officials have prepared a detailed list of entities and their beneficiaries that allegedly created multiple shell firms to represent fake transactions and the tax authorities will target such entities during the next two-months.

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How Automation is Driving Efficiency Through the Last Mile of Reporting

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

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Clips From Today’s Halftime Report

The Reformed Broker

Final Trades: P&G, Terreno Realty, Toast & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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Rise of platform frauds

CFO News

Every major business, specifically finance companies, is going through a Titanic phase today. They are aware of cyberfrauds and hackers. which is akin to an iceberg situation; they don’t know when it will hit the system. They don't know whether the firewalls they have built will be compromised or not.

Finance 94
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Register Now for Future Proof 2023!

Barry Ritholtz

SAVE THE DATE: Future Proof 2023, September 10-13 We hosted the first Future Proof conference last year, and it was quite delightful (see all of the reviews here ). This year, we are upping the ante, with more guests speakers, more live podcast recordings, and more fun! I think for RIAs, it is the most important conference event of the year, as do others ( Best Conference Experience for 2023 ).

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Investments via PLI schemes top priority: Nirmala Sitharaman

CFO News

She is in Tokyo to attend the G7 meeting. India, which has the G20 presidency for the current year, is an invitee to G 7 finance ministers and central bank governors meeting.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Life Sciences Venture Capital Monitor – Europe 04/2023 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Life Sciences Venture Capital Monitor – Europe 04/2023”. The Monitor is a monthly published overview of venture capital trends in the European Life Sciences. Read more The post Life Sciences Venture Capital Monitor – Europe 04/2023 published appeared first on FCF Fox Corporate Finance GmbH.

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Asian economic outlook: Domestic demand remains strong despite monetary tightening

Future CFO

The Asian economic outlook stays positive as the region’s domestic demand has so far remained strong despite monetary tightening, said IMF recently at its press briefing on Economic Outlook for Asia Pacific and Korea. Growth in Asia and the Pacific is projected to increase this year to 4.6%, up from 3.8 % in 2022, though external demand for technology products and other exports from Asia is weakening, IMF noted.

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Mauritius-based Wadia Group company took $300 million loan from Deutsche Bank

CFO News

Deutsche Bank provided loans of $300m to Leila Lands, a Mauritius-based Wadia Group company, against the creation of a lien, or legal responsibility, on the inflows of Associated Biscuits International, which owns 44.76% of Britannia Industries. During the same period, Leila Lands created fixed deposits worth $190m to finance Go First that were used to secure financing from Deutsche Bank.

Banking 52
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Beyond Numbers: 3 Qualities Your CFO Should Bring to the Table

Focus CFO

As the owner of a small to medium-sized business, you recognize the vital role a Chief Financial Officer (CFO) plays in your organization. Gone are the days when CFOs were simply gatekeepers of financial information. Today's CFOs wear many hats - they are strategists, innovators, and most importantly, leaders. Drawing on insights from a comprehensive study by EY Organization and the University of Oxford’s Saïd Business School study, we've identified three key qualities your CFO should embody to

CFO 52
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Accounting Software and ERP Readiness Guide

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.

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2 Adani Group stocks to exit from MSCI Global Standard Index

CFO News

Adani Transmission and Adani Total Gas will be removed from the MSCI Global Standard Index, resulting in outflows of $201m and $186m, respectively, on May 31, 2023, according to Nuvama Alternative & Quantitative Research. The stocks carry weights of 0.34 and 0.31 each. Meanwhile, Zomato's weight in the index will rise by 10 bps to 0.3, triggering inflows of $59m and an addition of 77 million shares.

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Rewiring FP&A to Better Serve Business Ops | Bobby Leibrock, CFO, Red Hat

CFO Thought Leader

CFO GUEST: Bobby Leibrock, CFO, Red Hat 897: Satisfying a Growth Appetite | Bobby Leibrock, CFO, Red Hat Software At Avalara, we’re building cloud-based tax compliance solutions to handle every transaction in the world. Imagine every transaction you make — every tank of gas, cup of coffee, or pair of sneakers, every movie ticket, meal kit, or streamed song, every sensor-to-sensor ping.

CFO 52
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Maruti Suzuki plans to double capacity by 2030

CFO News

Maruti Suzuki is planning to double its production capacity to four million vehicles per year by the end of the decade, with an investment of more than USD 5.5bn. This will increase local market share and boost exports by commissioning eight assembly lines with an annual capacity of 250,000 units each across two new facilities, with construction having started for the first unit at Kharkhoda in Haryana.

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Outsourced bookkeeping for a nonprofit

The Charity CFO

Bookkeeping is a critical component of running a successful nonprofit organization. It involves the management of financial transactions and the maintenance of accurate records to ensure that your organization remains financially healthy and compliant with the law. However, managing bookkeeping in-house can be time-consuming and expensive, which is why many nonprofits are turning to outsourced bookkeeping services.

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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.