CFO Dive
APRIL 23, 2023
Restructuring expert Holly Etlin, named Bed Bath & Beyond’s interim finance chief in February, stepped into the roles of CFO and chief restructuring officer Saturday.
Barry Ritholtz
APRIL 23, 2023
Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • My High-Flying Life as a Corporate Spy Who Lied His Way to the Top : I was just looking to make rent when I stumbled into a part-time gig stealing secrets from Wall Street elite. I made millions once I realized how desperate we humans are for someone who will actually listen. ( Narratively ) • How a Brazen Plot to Rig Oil Auctions Cost Venezuela Billions : America’s best-known lawyer, a couple of fraudste
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CFO News
APRIL 23, 2023
There is a lot of interest generated amongst executives across companies when we speak of ChatGPT. In this article Sanjeev Jha, CFO- India, Persolkelly India shares that one of the leading CFO organisations conducted a survey for CFOs – ‘Will ChatGPT affect the financial function in any way’ - 65% voted ‘Yes’, 25% voted ‘Let’s See’ and only 10% voted ‘No’.
VCFO
APRIL 23, 2023
Jonathon Rapacki is a finance executive with a track record of success across diverse industries, including oil and gas, mining, financial services, private equity, venture capital, and retail. He has a history of improving operations and investor and bank relations through strategic business planning, internal controls, and productivity improvements.
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Future CFO
APRIL 23, 2023
The IMF forecasts global growth to fall from last year’s 3.4% to 2.8% in 2023 before rising to 3% in 2024. The global economy’s gradual recovery from the pandemic and from Russia’s invasion of Ukraine remains on track but remains fragile. The post World Economic Outlook: April 2023 appeared first on FutureCFO.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
Future CFO
APRIL 23, 2023
Economic confidence rises as clear signs of business improvement emerge, said ACCA recently. While the accountancy body’s Q1 2023 Global Economic Conditions Survey (GECS) shows confidence lower than a year ago, it rose for the third consecutive quarter as fears fade over the prospects of a recession in 2023. This better news is underlined by the two GECS “Fear’’ indices which reflects respondents concerns that customers and/or suppliers may go out of business, ACCA noted.
CFO News
APRIL 23, 2023
An investigation by SFIO had revealed that the company and its group companies had presented financial statements containing false statements of debtors and indulged in the malpractice of round-tripping and layering of transactions resulting in inflated purchases and sales.
Tips Watch
APRIL 23, 2023
The 4-week Treasury yield is sending a message of fear. By David Enna, Tipswatch.
CFO News
APRIL 23, 2023
Adani Group is planning to use internal accruals to buy back foreign currency bonds, starting with a $650m tranche at Adani Ports and Special Economic Zone. The conglomerate is also evaluating bond buyback opportunities at other entities and is due to finalise a capital allocation plan. It is estimated that foreign currency bonds represent 39% of the group's total debt.
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Spreadym
APRIL 23, 2023
Enterprise software solutions for planning and financial analysis and corporate consolidation typically require robust and scalable technologies to ensure optimal performance and reliability. Some of the technologies commonly used for such solutions include: Relational Database Management Systems (RDBMS): business management software often runs on RDBMS such as Oracle, Microsoft SQL Server, and IBM DB2 to store and manage large amounts of structured data.
CFO News
APRIL 23, 2023
The company will also announce its fourth quarter and full-year results on April 27. The outcome of the board meeting will be communicated to the stock exchanges soon after the conclusion of the meeting on Thursday April 27. On Friday, Wipro's share prices closed at ₹368, up 1.5%.
CFO News
APRIL 23, 2023
Fixing contracts in a manner which will help reduce rates in mining, and the usage of digital projects which can give realtime feedback to control consumption to make operations more efficient will be the other enablers.
CFO News
APRIL 23, 2023
A Ponzi scheme is one where old investors are paid returns with money deposited by new investors. The new entrants may not get any returns and, in some cases, they may lose the money they invested. In India, Ponzi schemes are banned under the Banning of Unregulated Deposit Schemes Act, 2019.
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CFO News
APRIL 23, 2023
"The industry's talent is spread across every zone and this industry can generate lots of jobs commensurate with the talent. The future is bright but we seek a collective commitment from every exporter to contribute to increasing exports despite headwinds and challenges," said the minister.
CFO News
APRIL 23, 2023
The government is likely to announce a national retail trade policy and an accident insurance scheme for GST-registered domestic traders soon, reported PTI, citing an official. The policy is aimed at providing better infrastructure and more credit to the traders.
CFO News
APRIL 23, 2023
According to a report by Soumya Kanti Ghosh, SBI group chief economist, although a few large players dominate market share in many industries, they are not the cause of high inflation.
CFO News
APRIL 23, 2023
The brand currently owns iconic British toy brand Hamleys and home-grown toy brand Rowan. Reliance Retail has entered into a joint venture with Sonipat, Haryana-based Circle E Retail to vertically integrate its toy business.
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.
CFO News
APRIL 23, 2023
The modus operandi adopted by fraudsters included short payment of tax by undervaluing taxable goods and services, wrong availment of exemption notifications, wrong availment of the input tax credit, non-payment of tax on supply of taxable goods and services (clandestine removal), and fraudulent availment of the input tax credit on the basis of invoices from fake cos.
CFO News
APRIL 23, 2023
There is a lot of interest generated amongst executives across companies when we speak of ChatGPT. In this article Sanjeev Jha, CFO- India, Persolkelly India shares that one of the leading CFO organisations conducted a survey for CFOs – ‘Will ChatGPT affect the financial function in any way’ - 65% voted ‘Yes’, 25% voted ‘Let’s See’ and only 10% voted ‘No’.
CFO News
APRIL 23, 2023
This will be Brookfield's second renewable deal in as many months, having agreeing to invest $1 billion in serial Avaada Ventures, run by serial entrepreneur Vineet Mittal.
CFO News
APRIL 23, 2023
The Minister, however, said it does not mean controlling of 'distributed ledger technology', which has its goodness and potential.
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CFO News
APRIL 23, 2023
HCLTech’s revenue growth too was near the lower end of its guided range of 13.5-14.5%.
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