Mon.Apr 22, 2024

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How to Prevent Burnout in Your Nonprofit

The Charity CFO

The term burnout is more than a buzzword. In many nonprofits, burnout is the emotional, physical, and mental exhaustion of employees due to prolonged stress. The impact of this goes beyond individual well-being and can affect your organization’s effectiveness and ability to advance your mission. Keep reading to learn how burnout can happen and get tips for implementing a burnout prevention strategy for your organization.

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Mobico CFO steps down following delayed financial results

CFO Dive

The public transport company appointed an interim CFO after reporting a 36% drop in profit, impacted by inflationary pressures and labor shortages in key markets.

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The weight of upskilling in finance

Future CFO

The evolution of the finance function over the past few years has been anything but apparent, with the whole advent of digitalisation within the team and the non-stop shifts in the market. Source: Gartner 10 digital must-do for CFOs With the new advancements in technology that are coming in left and right, finance leaders and teams are expected to face challenges in talent, what with all the requisites of attraction, acquisition, and retraining.

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HeadSpin founder Lachwani sentenced to 18 months in prison for fraud

CFO Dive

The former CEO of HeadSpin — ordered to pay a $1 million fine — faces a July hearing focused on compensating bilked investors.

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How to Easily Navigate Crypto Accounting in the Web3 Era

Speaker: Aaron Jacob, VP of Accounting Solutions & Reagan Cook, GTM Lead

Are you struggling to navigate the complexities and challenges that come with crypto accounting? 🤔 This new webinar will cover everything businesses need to know to get started with crypto accounting after incorporating crypto into their business models! Industry experts Aaron Jacob and Reagan Cook of TaxBit will thoroughly explore the prevalent operational hurdles encountered by accounting teams when interacting with crypto on the books, and detail how software solutions can effectively

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Assessing Payouts And Platform Fees For Profitability When Choosing An Independent Advisor Platform To Affiliate With

Nerd's Eye View

Broadly speaking, there are 2 models of working as a financial advisor: operating independently as a firm owner or with a large affiliate platform such as a wirehouse broker-dealer, independent broker-dealer, or larger corporate RIA. Deciding which model to work under is a key moment in beginning or evolving a career as an advisor. In the independent model, owners/advisors are generally paid directly by the clients they serve, and they select and pay for the vendors, services, and employees that

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A greener future: BMO launches first U.S. climate financing program to help businesses build climate resilient operations

Bank of the West

BMO has launched its Greener Future Financing program in the United States – its first climate financing program to help small and medium-sized businesses build future-ready, climate resilient operations. In… Read more The post A greener future: BMO launches first U.S. climate financing program to help businesses build climate resilient operations appeared first on About BMO.

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What’s wrong with Boeing?

CFO News

In their insightful analysis, Vipul Arora, Partner at ESG Solutions, and Jayachandre Gowda, Associate Consultant in ESG and Climate Solutions, explore how even the most mature ESG strategy can backfire if not integrated correctly into the core of a business.

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How accountants can make a positive impact in sustainability

Future CFO

Finance roles have long been evolving to keep up with the requisites imposed by the business world, be it regulatory or in terms of market shifts. The Association of Chartered Certified Accountants identified five ways for professional accountants to make a positive impact in tackling issues such as climate change, social inequality, and a widespread lack of trust.

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Reliance Industries: Lower capex spend likely to improve return ratios

CFO News

Net profit attributable to the company, India's biggest by value, retreated marginally to Rs 18,951 crore. Analysts expected the country's biggest refiner, telco and retailer to report a bottom-line just shy of Rs 18,000 crore, translating into a decline in excess of 5%.

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Master Your Expenses: The Ultimate Corporate Card Checklist

Choosing the right corporate card program is key to managing employee spending effectively. This checklist highlights important factors to consider, like ease of administration, card acceptance, real-time data, and software integration. It also details features like customizable policy controls, dynamic approvals, and robust analytics to help optimize expense management.

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993: Building Resilient Careers: Lessons From an Expat CFO | Hilary Norris, CFO, GTreasury

CFO Thought Leader

A little more than 15 years ago, Hilary Norris had landed her “dream job” at a tech company in sunny California—a perfect alignment of her professional goals and personal life. However, the idyllic scenario was disrupted when the company was acquired, a common turning point that often spells uncertainty for existing executives. Facing a potential career setback and indeed initially marked for replacement, Norris was eventually asked to stay on to lead the finance operations of the co

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Macquarie to invest $1.5 billion in EV sector through Vertelo

CFO News

Australia's Macquarie Asset Management plans to invest $1.5 billion in India's electric vehicle sector through its new platform Vertelo, offering fleet electrification solutions. The platform, backed by the Green Climate Fund, aims to reduce greenhouse gas emissions by 9.5 metric tonnes. Vertelo has already secured agreements with companies like Chalo Mobility, JBM, Eka Mobility, and Tata Motors to supply electric vehicles and develop charging infrastructure.

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ION Corporates – Bond Launch

Reval

ION Corporates – Bond Launch The post ION Corporates – Bond Launch appeared first on ION.

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NCLT admits Indiabulls Housing Finance insolvency plea against Subhash Chandra

CFO News

The bankruptcy court has admitted Indiabulls Housing Finance Ltd's (IHFL) application to initiate insolvency resolution proceedings against Essel Group chairman Subhash Chandra for default by a company called Vivek Infracon. Chandra was a personal guarantor against the loans availed by the company.

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Live Demo: How to Achieve Reconciliation Zen

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Alienating Tesla Buyers by the Cybertruck-load

Barry Ritholtz

@TBPInvictus here: Back in December 2022 , I hypothesized that Elon Musk’s antics and his newfound desire to own the Libs were going to destroy Tesla’s appeal to many of his most important buyers. The latest data confirms those sentiments were on point. I looked at 2020 voting data and TSLA registrations in counties throughout the state of New York, and theorized as follows: Watching Musk’s ongoing antics , it has become very clear to me that his actions are not only destroying Twit

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Sebi finds Adani offshore investors in disclosure rules violation: Report

CFO News

SEBI found offshore funds breaching Adani investment rules, seeking settlement with penalty. Regulator demanded group level disclosures. Adani denies 'acting in concert'. No response to email requests.

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RJ Corp's succession plan finalised; Ravi Jaipuria's son gets food & beverages business, daughter gets healthcare & education

CFO News

RJ Corp runs PepsiCo’s second-largest bottler outside the US, Varun Beverages (VBL), as well as Devyani International (DIL), which is the operator of KFC, Pizza Hut and Costa Coffee outlets in India. Both companies, named after the founder’s children, Varun and Devyani, are listed. The group is also involved in healthcare and education.

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Reliance Industries' new business gets fizz from Campa Cola

CFO News

Mukesh Ambani, the chairman and managing director of Reliance, has a penchant for creating humongous businesses with an amazing sweep across the country. While Reliance looks to shape-shift into a decarbonised business empire with a mega green energy and renewables plan, it has already started making waves in its new consumer products business which is being led by his daughter Isha Ambani.

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New DOL Final Overtime Rules: Quickstart Guide for Employers

There’s a new overtime salary threshold that will impact employers across the country. If you have an employee making less than $43,888 on July 1 or less than $58,656 on January 1, you’re going to have to start paying overtime. Download Paycor’s guide to learn: Which groups of employees are affected? How should you classify employees? Best ways to mitigate risk.

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Sanjay Mashruwala resigns as Managing Director of Reliance Jio

CFO News

Sanjay Mashruwala, 76, resigns as managing director at Reliance Jio on June 9. Pankaj Mohan Pawar continues. Board appreciates his contributions to the company's transformative journey since 2013.

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Reverse migration has begun, says FM Nirmala Sitharaman

CFO News

Union Finance Minister Nirmala Sitharaman on Monday said reverse migration had started as a lot of people are coming back to establish business here. According to her, reverse migration has started in which a lot of people, who have a global footprint, are finding businesses, professions and careers to be built in India.

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CMS Info Systems to enter gold logistics, loan collection services

CFO News

CMS Info Systems plans to expand into gold logistics and retail loan repayments collection, having already piloted these ventures. With over Rs 2,000 crore revenue in fiscal 2023, CMS aims for incremental growth. The company sees potential in India's formalizing bullion sector and the evolving lending ecosystem. It has collaborated with major clients and institutions for its pilot programs.

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Startups raise $2 billion in Q4, 40% less than a year ago

CFO News

Funding in Oct-Dec 2023 and July-Sept 2023 hovered around the $2 billion range.

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Thinking About How To Lessen Your Burden During Month-End Close? Skystem Can Help!

Most people dread the nearing of the month-end close and reconciliation process, and who can blame them? It's typically a tedious, long, stressful process; but it doesn't have to be. Implementing automation into your month-end process can significantly reduce this headache by automating up to 40% of your reconciliation and saving nearly 30% of your time spent.