BP makes interim CFO permanent
CFO Dive
FEBRUARY 2, 2024
With Kate Thomson, the London-based oil giant holds a spot in the still relatively rarefied ranks of major companies with women in the top finance seat.
Fri.Feb 02, 2024
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Empower Growth and Accelerate Innovation in Life Sciences with SAP S/4HANA Cloud Public Edition
Navigator SAP
FEBRUARY 2, 2024
Growing a life sciences business is not an easy task. The life sciences industry presents plenty of opportunity, but operational complexity and regulatory challenges also are significant. You know this as an executive at a life sciences business. We understand the challenges of growing a life sciences business as well, because we’ve been helping life sciences businesses scale for many years as a leading ERP implementation partner that specializes in your line of business.
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US economy will likely cool as ‘real’ interest rates rise: ACCA
CFO Dive
FEBRUARY 2, 2024
As the economy avoided a downturn last year, confidence among CFOs rebounded close to the long-term average, the ACCA said.
I-T dept will erase petty tax demands on its own: CBDT chairman on Budget announcement
CFO News
FEBRUARY 2, 2024
Union Finance Minister Nirmala Sitharaman had on Thursday declared the government's proposal to withdraw outstanding direct tax demands up to Rs 25,000 till 2009-10 fiscal and up to Rs 10,000 for financial years 2010-11 to 2014-15.
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.
Weekend Reading For Financial Planners (February 3-4)
Nerd's Eye View
FEBRUARY 2, 2024
Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a Morningstar survey has found that financial advisory clients are more likely to stick with their advisor for emotional reasons rather than investment returns alone. Which suggests that building trusting relationships with their clients and giving them added confidence in their financial decision-making (rather than focusing on ways to juice investment returns) could be t
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MiB: Tom Hancock, GMO Focused Equity
Barry Ritholtz
FEBRUARY 2, 2024
This week, we speak with Tom Hancock, a partner at GMO LLC, where he is also head of the Focused Equity team. He manages the focused quality fund and its new Quality ETF, and is the portfolio manager for quality strategies. He previously served as co-head of the firm’s global equity team. Before joining GMO, he was a research scientist at Siemens and a software engineer at IBM.
Centre likely to achieve Rs 1.2 lakh crore revenue target from telecom sector
CFO News
FEBRUARY 2, 2024
The mop-up is likely to be made possible due to improving financial health of the telecom sector, leading to rise in licence fee and spectrum charges, while a good quantum of money will come from state-run Bharat Sanchar Nigam (BSNL) for its 5G spectrum payment. The company never participates in auctions but always pays a market-determined price for its spectrum needs.
Exploring the 4-Day Work Week: A Financial Perspective for CFOs
CFO Talks
FEBRUARY 2, 2024
In the wake of the post-pandemic era, businesses have undergone substantial transformations, particularly in embracing flexible work arrangements. One emerging trend gaining increasing momentum is the 4-day work week. But the question looms: Can Chief Financial Officers (CFOs) realistically embrace this model without compromising financial efficiency and productivity?
Govt to withdraw 1.1 crore small tax demands totalling Rs 3,500 crore: Revenue Secretary
CFO News
FEBRUARY 2, 2024
In her interim budget speech for 2024-25, Finance Minister Nirmala Sitharaman announced withdrawal of outstanding direct tax demands up to Rs 25,000 pertaining to 2009-10 and up to Rs 10,000 for financial years 2010-11 to 2014-15, to benefit about a crore tax-payers
How to Build the Ideal HR Team
Advertiser: Paycor
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.
The Benefits of Cloud ERP for Growth-Focused Companies
Navigator SAP
FEBRUARY 2, 2024
Some startups grow over time. Others move fast and chase the unicorn status of a $1 billion valuation like sustainable shoe manufacturer, Rothy’s. For slow-growth businesses, there are many options for backend IT systems. But for fast-growing companies that are growth-focused, there really is only one path: cloud-based ERP. Enterprise resource planning solutions (ERP) are the backbone of most businesses today, and for obvious reasons.
India certain to become the world's third-largest economy during our third term: PM Modi at Bharat Mobility Global Expo 2024
CFO News
FEBRUARY 2, 2024
Prime Minister Narendra Modi expressed confidence that India will become the world's third-largest economy during the third term of his government. Speaking at the Bharat Mobility Global Expo 2024, he highlighted the transformative growth in the mobility sector, noting the surge in vehicle sales and the shift toward electric vehicles. PM Modi emphasized the role of the mobility sector in achieving the goal of making India a developed country by 2047.
The role of predictive analytics in modern CFO strategies
CFO Talks
FEBRUARY 2, 2024
In the evolving role of a Chief Financial Officer (CFO), mastering risk management, budgeting, and forecasting tools is crucial. These competencies not only strengthen the financial backbone of an organisation but also prepare it to navigate through uncertainties and market volatility. Risk Management: Effective risk management is a multifaceted approach, involving more than just financial analysis.
Monthly GST mop-up from online gaming companies jump 400 pc since October 1
CFO News
FEBRUARY 2, 2024
Monthly GST collections from online gaming companies have surged by over 400% to Rs 1,200 crore since October 1 due to the implementation of a 28% tax on e-gaming platforms. The GST Council clarified last year that online gaming companies must pay 28% GST on the full face value of bets.
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.
Ex-Trump CFO in perjury plea talks: NY Times
CFO Dive
FEBRUARY 2, 2024
A potential deal requiring ex-Trump CFO Allen Weisselberg admit to perjury comes as a ruling is imminent in the NY AG’s $370 million civil fraud case.
Stricter GST return norms will make life easier for the honest: CBIC Chief
CFO News
FEBRUARY 2, 2024
"I feel that this tightening is not actually making the life of taxpayers difficult but it is making the life of honest taxpayers easy," Central Board of Indirect Taxes and Customs chairman Sanjay Kumar Agarwal said in an interview to ET. He said there will be no need for enforcement action if return filing is tightened.
Budget 2024: FMCG industry expresses optimism on govt's vision for inclusive growth
CFO News
FEBRUARY 2, 2024
As Finance Minister Nirmala Sitharaman presented the Budget in the Parliament on February 1, it has laid the foundation of inclusive growth that will lead to ‘Sabka Vishwas', the industry experts believe. The budget emphasizes support for the underprivileged - 'Garib,' 'Mahilayen,' 'Yuva,' and 'Annadata' (the poor, women, youth, and farmers). With these initiatives, the FMCG industry can expect a good response from the rural markets for FMCG in the mid to long term.
Thrust is on letting economy grow on its own momentum: CEA Anantha Nageswaran on next-gen reforms
CFO News
FEBRUARY 2, 2024
India's fiscal deficit had shot up to 9.2% of GDP in FY21 following the additional spending to provide stimulus to the economy hit by Covid. The Chief Economic Adviser asserted that the latest target of 5.1% of GDP is realistic.
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
Divestment not a tool for fiscal consolidation, says Finance Secretary TV Somanathan
CFO News
FEBRUARY 2, 2024
The government is confident of meeting the targets in the interim budget presented on Thursday. Finance Secretary TV Somanathan stated that the government capital expenditure continues to be high and expressed confidence in achieving the 5.1% fiscal deficit target in 2024-2025, with estimated revenue growth of 11.5% against GDP growth of 10.5%. The nature of public expenditure is unpredictable, but barring unforeseen events, the aggregate public expenditure is projected to remain unchanged, he a
After series of ‘violations’, Paytm may lose Payments Bank licence
CFO News
FEBRUARY 2, 2024
Few months ago, the RBI had alerted the Directorate of Enforcement of about possible money laundering and know-your-customer (KYC) violations at Paytm. Now, Paytm might be staring at losing its payments bank licence.
Byju's at war — with investors, bankruptcy
CFO News
FEBRUARY 2, 2024
Byju's, in a letter, said the investors have “no voting rights to change (its) chief executive”. Byju’s top management said certain investors are “conspiring” against it and have “artificially induced” a cash crisis that has forced the troubled company to delay January salaries.
Air India, Vistara boards may not be unified soon
CFO News
FEBRUARY 2, 2024
Tata Sons unlikely to integrate Air India and Vistara boards in a hurry; management teams to remain separate for at least a year; merger expected to take place this year or next; Tata wants Air India to achieve consumer trust and operational efficiency similar to Vistara before integration; merging airlines involves network and operational overhaul; merger could stretch through 2024; Air India and Vistara merging to form full-service airline; Singapore Airlines to hold 25.1% stake in post-merger
Accounting Software and ERP Readiness Guide
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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.
Mahindra Group CFO Manoj Bhat takes over as CEO at Mahindra Holidays
CFO News
FEBRUARY 2, 2024
Mahindra Group undergoes a major leadership reshuffle, appointing CFO Manoj Bhat as CEO of Mahindra Holidays.
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