CFO Dive

JUNE 23, 2023

While IRS return-processing backlogs persist, a report found evidence that the outlook is brightening when it comes to the responsiveness that CFOs and tax preparers can expect.

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Navigator SAP

JUNE 23, 2023

Technology advancements change the way business is performed. At first, they are used by market leaders to drive improved efficiency, then they are used by the rest of the business community to keep up with those market leaders. Examples of this tech advancement include the introduction of computers for business and the emergence of the internet.

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Technology Marketing Planning 245

CFO Dive

JUNE 23, 2023

Hunter Paletsas will take the organization’s financial reins as the media and entertainment industry deals with major challenges including inflation, the ongoing writers strike and the impact of generative AI.

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Entertainment Finance 261

Barry Ritholtz

JUNE 23, 2023

My end-of-week morning train WFH reads: • What Was Nate Silver’s Data Revolution? Silver, a former professional poker player, was in the business of measuring probabilities. Many readers mistook him for an oracle. ( New Yorker ) • Boaz versus BlackRock: the fight over closed-end funds : Saba founder says he never planned to be an activist investor.

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Auditing Economics Investments Planning 111

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Accounting

CFO Dive

JUNE 23, 2023

This year big companies cut back their bank deposits and allocated more of their short-term cash to government security-backed funds.

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Banking Securities 261

CFO Dive

JUNE 23, 2023

The accounting profession should not delay in helping ensure a “just transition” and promoting social welfare, the ACCA said.

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Accounting 261

FISPAN

JUNE 23, 2023

Bank feeds are a game-changer in financial workflows, offering seamless integration between accounting software and bank accounts.

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Banking Accounting Treasury CFO 98

CFO Dive

JUNE 23, 2023

“B2B organizations have been slow to adapt to the changing demands and expectations of Gen Z,” writes a payments company vice president. “This is a huge mistake, and it can cost them dearly in the long run.

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B2B 130

The Reformed Broker

JUNE 23, 2023

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Mark Newton, and Downtown Josh Brown discuss market sentiment, buying the dip, the DeMARK Indicator, fundamental vs technical analysis, industrials, commodities, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

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Marketing 80

Advertiser: Paycor

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CFO News

JUNE 23, 2023

"A decision to this effect (on inspection) has been taken. The government treats corporate governance as a serious issue. So, if there is any such issue, it needs to be probed," the official said.

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Barry Ritholtz

JUNE 23, 2023

Pete & I discuss Inflation, the Fed, and even get into Swiss Banking Secrecy laws. Its a fun romp through current news items and related topics. SUPD 868 Barry Ritholtz on Inflation, The Fed, Bank Rules work and Golf doesn’t The post SUPD: Inflation & The Fed appeared first on The Big Picture.

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Banking 52

CFO News

JUNE 23, 2023

Notably, Gujarat International Finance Tec-City is a central business district under construction in Gandhinagar district in Gujarat, India. "PM's vision for Digital India was way ahead of his time I now see it as a blueprint that other countries are looking to do," Pichai said after meeting Prime Minister Modi.

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Construction Investments Finance 52

Musings on Markets

JUNE 23, 2023

I will start this post with a couple of confessions. The first is that my portfolio has held up well this year, in a market that has been top-heavy and tech-driven, and one big reason is that it contains both NVIDIA and Microsoft, two companies that have benefited from the AI story. The second is that much as I would like to claim credit for foresight and forward thinking, AI was not even a speck in my imagination when I bought these stocks (Microsoft in 2014 and NVIDIA in 2018).

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Valuation Profit and Loss Investments Marketing 104

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. If you’re aiming for the summit, the air gets thinner—and what got you here won’t be enough to get you to the top (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level.

Accounting

CFO News

JUNE 23, 2023

Higher inflation was tolerated only to protect growth because of the major shocks of the past few years. An inflation targeting regime where the nominal repo rate responds to expected inflation to ensure appropriate real repo rates is adequate to credibly anchor inflation expectations. An appropriate real repo rate is required, not a 'high nominal repo rate'.

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CFO News

JUNE 23, 2023

During the course of the speech, PM Modi also referenced the US State Department's plan for those coming to the US on a H-1B visas and stated that it would now be renewed in the US without having to travel abroad. He said, “America's new consulates will be opened in Bengaluru and Ahmedabad.

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Planning 52

CFO News

JUNE 23, 2023

Indian Oil Corporation (IOCL) and Bharat Petroleum Corporation (BPCL) plan to launch rights issues while Hindustan Petroleum Corporation (HPCL) will issue preferential shares to the government in the current financial year. The government had set aside INR300bn ($4bn) for capital support for the government-owned firms. This support was conditional on the state-run oil marketers submitting capital investment plans for 2023-24.

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Planning Investments Marketing 52

CFO News

JUNE 23, 2023

The objective of monetary policy is to control inflation with as little growth sacrifice as possible. The current real repo rate is close to 1.5% based on projected inflation 3-4 quarters ahead. At this level, there are worries about the extent of demand destruction that it will cause and the consequent damage to economic growth.

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Economics 52

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

Finance

CFO News

JUNE 23, 2023

Indian banks are claiming that they do not yet have the requisite software to implement new rules relating to tax collection at source for foreign debit and credit card transactions, due to start from July 1. Rules issued by the Central Board of Direct Taxes last month require foreign card spending above INR700,000 ($10,874) to be counted towards the Liberalised Remittance Scheme and taxed at 20%.

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Banking 52

CFO News

JUNE 23, 2023

Inflation in India is decreasing personal consumption expenditure, causing a slowdown in corporate sales and private investment, according to a paper authored by a team led by RBI Deputy Governor Michael Debabrata Patra. The Reserve Bank published the report, which urged the lowering of inflation to revive consumer spending and boost corporate revenues.

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Investments Economics Sales Banking 52

CFO News

JUNE 23, 2023

HDFC Life Insurance on Friday said it has received a demand notice of more than Rs 942 crore for non-payment of GST. The matter relates to the claiming of input tax credit against supply of services, which the Directorate of Goods and Services Tax (GST) Intelligence (DGGI) believes are ineligible for such claims, it said.

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CFO News

JUNE 23, 2023

According to CMIE, the total workforce in India in May 2023 stood at 408 million compared to 403.9 million, an addition of around 4.1 million jobs in the last one year.

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Speaker: Mark Gilham, FCCA, CPP

Finance used to be the function that counted, now it's the one that’s counted on. 📊 For accounting firms, controllers, and finance leaders, expectations are rising faster than headcount. Businesses want agile forecasts, granular analysis, seamless reporting, and smart automation—often without added resources while demanding uncompromised accuracy and compliance.

Finance

CFO News

JUNE 23, 2023

The company in the filings did not give any reasons behind the financial performance. Industry executives said this jump in revenue – highest growth rate in at least the last five years – is driven by Croma becoming the exclusive online seller for all electronic products in the group’s e-commerce platform Tata Neu and rapid offline store expansion.

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Sales Retail 52

CFO News

JUNE 23, 2023

The new rule allows such investments to be either sold to a new scheme of the same AIF - liquidation scheme or distributed in-specie to the investors of the original AIF. An in-specie distribution involves the distribution of the investments such as shares or other securities of the AIF to its investors, instead of returning their capital in the form of cash.

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Investments Securities 52

CFO News

JUNE 23, 2023

The newly appointed Executive Director of Federal Bank, Harsh Dugar would assume charge with effect from 23 June, 2023. He has been serving as the Group President and Country Head – Wholesale banking of the Bank since April, 2021.

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Banking 52

CFO News

JUNE 23, 2023

Billionaire Gautam Adani's conglomerate Adani Group on Friday said it was not aware of any subpoena being issued to its various investors by authorities in the United States. The company also reiterated that its various issuers' groups remain confident that the disclosures issued by the company are full and complete.

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Advertiser: GEP

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