Tue.Nov 28, 2023

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Employers willing to pay ‘premium’ for AI-skilled workers: AWS study

CFO Dive

Nearly three out of four (75%) of employers who view the hiring of talent with AI skills as a priority reported having difficulty finding qualified candidates.

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Medanta parent Global Health's Group CFO Sanjeev Kumar resigns

CFO News

Sanjeev Kumar Saxena has tendered his resignation from Global Health, the company overseeing hospitals under the Medanta brand, citing personal reasons.

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FASB’s new segment guidance will go swiftly into effect

CFO Dive

Public companies will be required to comply with the new accounting requirements in reports for annual periods beginning on Dec. 15.

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10 Tuesday AM Reads

Barry Ritholtz

My Two-for-Tuesday morning train reads: • In the Stock Market, Don’t Buy and Sell. Just Hold. There’s new evidence that market timing doesn’t work. Your odds of success are better if you just hang on and aim for average returns, our columnist says. ( New York Times ) see also The “Art” of Market Timing : Market timing is extremely difficult, very few people (if any) do it consistently well.

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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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Driving the GenAI journey: Teradata CFO

CFO Dive

CFOs must take point on plotting a company’s AI course, navigating compliance and governance, and finding key talent and use cases, Teradata’s CFO Claire Bramley said.

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More Trending

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Consumer confidence rises after a three-month decline: Conference Board

CFO Dive

The gain in consumer confidence preceded a surge in online spending on Black Friday.

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'China slows, India grows': S&P pegs 7% GDP growth for India by 2026

CFO News

S&P Global Ratings forecasts India's GDP to reach 7% by 2026, surpassing China's expected 4.6% growth. The report, titled 'China Slows India Grows,' envisions a shift in Asia-Pacific's growth engine from China to South and Southeast Asia. S&P projects China's GDP to slow to 4.6% in 2024, India's to expand at 6.4% in the current and next fiscal years, and rise to 7% by 2026.

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Small Cap Tech Stocks Are Taking Off

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Year End Rally – Choose your weapon – tech almost always leads bull markets. ►Calm Breaks Out – One man’s calm is another man’s euphoria?

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The road to better audit

Future CFO

Treading along the rapidly changing market has been proven to be not the easiest task, especially after the COVID-19 pandemic when all sectors and industries were altered. In the financial function of an organisation, it is imperative that resources are maximised and data held are being used properly and efficiently. Good audit equates to less time wasted, as some leaders recount that 'time is money'.

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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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Welcome to the all new ritholtzwealth.com

The Reformed Broker

The new online home of Ritholtz Wealth Management has (finally) arrived! It’s ironic that we’re a firm with ten content creators and all these big blogs but we’ve never really paid much attention to what our corporate site looks like or how it works. It was just always an afterthought. Until today. Our old site was fine. It just didn’t do anything for anyone.

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Cabinet gives a go ahead to some 16th Finance Commission's terms, free ration scheme extension

CFO News

The union cabinet on Wednesday likely approved a few terms of the 16th Finance Commission in a meeting held on Tuesday, as per media reports. However, there has not been any official announcement yet.

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Business leaders’ top destination for expansion

Future CFO

Asia Pacific is business leaders’ top destination for expansion despite lower appetite for M&A, said EY recently when releasing its latest EY CRO Outlook Pulse survey. The quarterly EY survey of 1,200 global CEO reveals that Asia Pacific CEOs continue to be on the offense when investing for the future, with a clear majority (84%) planning some kind of transaction in the next 12 months.

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For more capital, Byju’s must pass a tough test

CFO News

These investors have asked the company to file its audited financials for the year ended March 31, 2023, at the earliest. In addition, they want founder Byju Raveendran to loosen his day-to-day control over operations at the firm, the sources added.

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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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Climate risks as a consideration in audit processes

Future CFO

It is not always on the obvious side of the business world, but climate risks and sustainability are among the considerations to look into in dealing with financial functions within an organisation. As with many, if not all, risks surrounding a finance leader's decision-making process, climate risks should be taken with due carefulness and caution to reduce setbacks that can directly impact the business.

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Ant Group arm to offload 3.4% stake in Zomato for Rs 3,290 crore

CFO News

According to a term sheet released by the deal broker, BofA Securities, Alipay Singapore Holdings, an entity of the Ant Group, has proposed to sell 296.1 million shares at an offer price of ₹111.28 per share. The offer price is at a 2.2% discount to Zomato's closing price on Tuesday.

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Volunteer Management: What Every Nonprofit Needs to Know

The Charity CFO

Volunteering is an essential piece of any nonprofit. Some nonprofits can’t function without the help of their volunteers. But how can nonprofit leaders ensure their volunteers are effective while creating a space that encourages volunteers to return? The key lies in a strong, well-run volunteer management program. This guide will walk you through volunteer management best practices so your organization can optimize volunteer contributions, retain volunteers, and create a lasting impact for your

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Jubilant FoodWorks plans to fully buy DP Eurasia in Rs 670-cr deal

CFO News

Jubilant FoodWorks Ltd (JFL), the operator of Domino’s Pizza and Dunkin Donuts, intends to acquire an additional 51.16% stake in DP Eurasia NV, the exclusive master franchisee of Domino's Pizza in Turkey, Azerbaijan, and Georgia. The acquisition, valued at EUR 73.36 million (Rs 670 crore), will be executed through a subsidiary. Currently, JFL's wholly-owned arm, Jubilant FoodWorks Netherlands B.V, holds 48.

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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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Banking Transformation: The Journey from Embedded to Contextual Banking

FISPAN

Dive into the evolution of finance with our article on Embedded Finance. Explore its historical roots, understand its modern applications, and grasp its transformative impact on the banking landscape. From early merchant practices to the rise of contextual banking, discover how embedded finance is reshaping the way we experience financial services. Join us in unraveling this financial revolution and learn why traditional banks need to adapt now to seize the opportunities presented by this dynami

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MSME Pharma companies under the lens over drug quality issues

CFO News

More than 65% of MSME firms have been found to be manufacturing drugs that are not of standard quality (NSQ), during risk-based inspections of pharma companies conducted since December last year, said a person with knowledge of the matter.

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Demystifying the Role of the CFO in Exit Planning

Focus CFO

Discover how fractional CFOs can drive the value acceleration work needed for successful exit planning. At FocusCFO we help entrepreneurs build value for succession, sale, ESOP, and more.

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Centre checks on banks' cyber fraud readiness

CFO News

The government assessed the readiness of banks and financial institutions to combat cybersecurity challenges and rising digital payment fraud. Financial services secretary Vivek Joshi revealed the suspension of seven million mobile numbers due to suspicious transactions.

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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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955: When It’s Time to Raise Your Hand | Lauren St. Clair, CFO, NerdWallet

CFO Thought Leader

It was back in 2016 when Lauren St. Clair realized that it was time to raise her hand. Online marketplace giant eBay had just completed a deal to acquire the Spanish online ticket platform Ticketbis, and St. Clair, a 9-year eBay veteran, was itching to get overseas. eBay had entered the online ticket business in 2007 with its acquisition of StubHub, and the addition of Ticketbis now promised to fatten StubHub’s international revenues, a development that St.

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India's pharma biz can reach USD 130 billion by 2030: Industry experts

CFO News

Chairman of PharmExcil (Pharmaceuticals Export Promotion Council of India) Veeramani S V said the Indian pharmaceutical industry is on a compelling growth trajectory, evidenced by an 8 per cent year-to-date increase in exports and a remarkable 29 per cent surge in October alone.

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Cracking the Code of Legal Structures

KG Virtual CFO

Are you considering starting a new business? How about looking to maximize tax savings in your current business? Whether you are a new entrepreneur taking the leap of faith or an established business owner, it’s important that you choose a business structure that maximizes your tax savings. Let’s dive into a few common business structures and their tax implications, giving you the information needed to choose the right structure for your business.

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Charles T. Munger, much more than Warren Buffett's no. 2, dies at 99

CFO News

Although overshadowed by Buffett, who relished the spotlight, Munger, a billionaire in his own right -- Forbes listed his fortune as $2.6 billion this year -- had far more influence at Berkshire than his title of vice chair suggested.

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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.