Sun.Mar 24, 2024

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Beyond the numbers – accounting is still a great career for young talent

Future CFO

Last year, Finance Minister Lawrence Wong highlighted that the number of people pursuing accounting degrees has dropped by over 10 per cent over the past five years, and fewer accounting graduates go on to take up careers in the profession. Is the accounting profession losing its appeal? Historically, accountants have played a crucial role in business and the economy.

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Dixon’s largest order book is in mobiles; IT hardware can be a $1 billion opportunity in next 2-3 years: CFO Saurabh Gupta

CFO News

Saurabh Gupta of Dixon Technologies foresees a $10 billion IT hardware opportunity for India. Emphasizing import substitution, a growth rate of 35-40% annually, and the importance of the PLI scheme, Dixon aims for 20-25% revenue from exports in five years.

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Delivering results for holistic success

Future CFO

In its Top 5 Finance Trends and Priorities for CFOs in 2024 , Gartner says economic headwinds have forced CFOs to look beyond temporary measures and find new ways to lead finance through digital transformation. The analyst forecasts that through 2025, more than 40% of finance roles will be either new or significantly reshaped due to finance technology.

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NPA levels fall among majority of banks in last six months, finds FICCI-IBA survey

CFO News

Over half of the respondent banks projected Gross NPAs to be in the range of 3-3.5 per cent over the next six months, with 14 per cent anticipating levels between 2.5-3 per cent.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

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.

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985: A World Where Everything Is Negotiable | Sarah Alper, CFO, Pactum AI

CFO Thought Leader

As Pactum AI embarks on a pivotal phase of commercialization, the arrival of Sarah Alper in the AI-driven company’s CFO office is by no means a coincidence. Having transitioned from structured finance roles at General Electric to the dynamic environment of UiPath, Alper now brings to the table a blend of experience in operational finance, strategic planning, and transformational technologies that arguably made her an optimal CFO candidate.

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More Trending

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India plans to shift from minimum wage to living wage by 2025

CFO News

Living wages – a minimum income necessary for a worker to meet their basic needs, factoring in key social expenditure by an individual such as housing, food, healthcare, education and clothing – were endorsed by the ILO earlier this month. These would be higher than basic minimum wages. “We could go beyond minimum wages in a year,” a senior govt official told ET.

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How CFOs can lead in perpetual disruption

Future CFO

Dennis Gannon , VP Analyst at Gartner , shares what it means to be a ‘human leader’ as a chief financial officer in order to drive enterprise success. The post How CFOs can lead in perpetual disruption appeared first on FutureCFO.

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More Indians scale Mt Rs 1,000 cr as Chinese slip, Europeans lag

CFO News

According to the Hurun India Rich List 2023, there are 1,319 individuals with wealth over Rs 1,000 crore in the country, marking an increase of 216 individuals and 278 new entrants. This is the first time the list has surpassed the 1,300 mark, recording a 76% increase over the last five years.

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Banks get ready to count int'l credit card spend in liberalised remittance scheme

CFO News

Under the belief that reissuing the specific notification may not go against the model code of conduct, many banks are preparing to integrate their systems with the RBI’s for capturing the card spend information of individual customers during personal foreign tours.

Banking 52
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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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NPCI arm, banks and fintechs in talks for net banking synergies

CFO News

The Reserve Bank of India (RBI) had on March 4 approved implementation of an interoperable payment system for internet banking transactions by NBBL, a subsidiary of National Payments Corp. of India (NPCI).

Banking 52
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India pips countries like Germany, Britain in GDP (PPP) gains: Report

CFO News

As countries like Germany, Japan and the UK continue to drop down in GDP (PPP) rankings over the years, India has achieved significant gains in GDP and the country's share has been significantly increasing, a latest report has revealed.

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Hiring of women in C-suite roles going up: Survey

CFO News

Widening the talent pool, empowering women to access leadership roles and creating a more inclusive work environment, can drive better business outcomes, said experts.

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RBI plans a special audit for breaches by IIFL Finance, JM Financial Products Ltd

CFO News

RBI initiates special audit for IIFL Finance Ltd and JM Financial Products Ltd due to gold loan concerns. Inspection revealed deviations in gold assaying. Auction process impact customers' interests. Loan restrictions imposed by RBI.

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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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Public sector banks' dividend payout may exceed Rs 15,000 crore in FY24

CFO News

PSBs are projected to pay a dividend exceeding Rs 15,000 crore for FY24 due to increased profitability. The RBI is proposing new rules for dividend declarations based on NNPA ratios and total capital adequacy.

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India wants WTO bodies to prioritise finance access, food security, tech

CFO News

India has urged for the prioritization of several key issues in discussions within the World Trade Organization (WTO), including access to finance, manufacturing concentration, food security, and reducing transaction costs in international trade and services. New Delhi emphasized the need to address trade issues that disproportionately affect developing countries, such as access to technology, bridging the digital divide, and supply chain resilience.

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DPI, bankruptcy law, tax code make India attractive investment destination: WEF official

CFO News

"I think a combination of different policy choices that have been made make India quite an attractive investment destination. In addition to the digital public infrastructure that creates an enabling environment from a technological standpoint, you also have changes in the bankruptcy law and taxation code adding clarity," he said.