Mon.Jan 22, 2024

article thumbnail

Recession odds fall below 50% amid rising sales, profits: NABE survey

CFO Dive

The mix of slowing inflation and cooling demand has prompted many economists to abandon forecasts for a decline in gross domestic product in 2024.

Sales 301
article thumbnail

2024: Five big global trends affecting lives and buisnesses

CFO News

In yet another article on 2024 trends, Robin Banerjee, a seasoned financial expert deep dives into global megatrends that would redefine, as he eloquently puts it, "mankind’s domain – the earth.

105
105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

EY: As AI compliance looms, CFOs are strategy ‘nerve center’

CFO Dive

Balancing innovation with compliance, CFOs are essential in creating companies’ AI strategy, EY’s Liban Jama said.

article thumbnail

Canara HSBC Life CFO expects premium growth at par with industry at 10 to 15 per cent in FY24

CFO News

Tarun Rustagi said that although the industry performs better in the January-February-March quarter, de-growth in comparison to last year's March numbers is seen.

CFO 105
article thumbnail

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.

article thumbnail

ADM shares plunge as CFO takes forced leave amid accounting probe

CFO Dive

Archer Daniels Midland named Ismael Roig interim finance chief as the board's audit committee and outside counsel conduct an investigation into accounting practices.

More Trending

article thumbnail

Cloud, SaaS spending manager Vertice raises $25M in Series B funding

CFO Dive

The startup is looking to expand in the U.S., Europe, Australia and Singapore as it also opens new markets in regions such as Latin America and Southeast Asia.

Startups 210
article thumbnail

Nobody Knows Anything, Squid Game edition

Barry Ritholtz

Remember Squid Game ? Written and directed by Hwang Dong-hyuk, “Squid Game” made its debut on Netflix on September 17, 2001. During the lockdown, it quickly became must-see TV, becoming a global phenomenon. Variety reported that Squid Games had “1.65 billion hours streamed in first four weeks.” Eventually, the show became Netflix’s most-watched original show by far, racking up over 2.2 billion hours of viewing.

60
article thumbnail

What an audit is, and why you should care

CFO Dive

Do you know how audits can enhance the investment decision-making process? This short video explains how accurate, reliable and transparent financial reporting keep capital markets operating effectively.

Auditing 130
article thumbnail

InterGlobe appoints ex-Udaan CFO Aditya Pande as its CEO

CFO News

InterGlobe Enterprises appoints Aditya Pande as CEO, overseeing strategy for the group, excluding IndiGo. Former Udaan CFO brings 25 years of diverse experience, including leadership at InterGlobe Aviation.

CFO 52
article thumbnail

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.

article thumbnail

The role of enterprise scalability in financial performance

Future CFO

As finance chiefs, understanding the necessity of enterprise scalability in financial performance management should be included in their priorities list as it can be proven crucial in future decision-making. In today’s business landscape , organisations need to be able to scale quickly and efficiently to stay competitive and keep up with growth goals while tightly managing costs and resources.

article thumbnail

Prosus may have promoter tag in Swiggy’s $1 billion IPO

CFO News

While Swiggy prepares to file its IPO papers, New Delhi-based wearables and audio accessory brand Boat is likely to reconsider its plan to make an IPO in 2024, people in the know of its plans said. In 2022, it had withdrawn its draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India citing market conditions.

article thumbnail

Wolters Kluwer: Audit firm solutions pre-approved for Singapore’s SMEs Go Digital program

Future CFO

Two audit firm solutions of Wolters Kluwer have been pre-approved by the Infocomm Media Development Authority (IMDA), a statutory board of the Singapore government, said Wolters Kluwer Tax & Accounting (TAA) Asia Pacific (APAC) recently. The pre-approval received is part of IMDA’s SMEs Go Digital program, which aims to help small-to-medium accounting firms adopt digital technologies, according to Wolters Kluwer.

article thumbnail

Sony-Zee: How and why curtains fell on a mega media deal that was two years in making

CFO News

"Sony Pictures Networks India Private Ltd (SPNI) (now known as Culver Max Entertainment Ltd), a wholly owned subsidiary of Sony Group Corp (Sony), today issued a notice terminating the definitive agreements entered into by SPNI and Zee Entertainment Enterprises Ltd," the Japanese company said in a press release issued on Monday.

article thumbnail

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.

article thumbnail

The Mentoring Round | Karen Walker, CFO, Sysdig

CFO Thought Leader

Inside The Mentoring Round Karen Walker points to her experiences supporting deal flow and collaborating with sales and operations at CNET Networks as pivotal in preparing her for a CFO role. Additionally, her executive sponsorship of cross-functional teams equipped her with a customer-centric approach that has become central to her role as CFO at Sysdig. 967: Leading With a Customer Mind-Set | Karen Walker, CFO, Sysdig The post The Mentoring Round | Karen Walker, CFO, Sysdig appeared first on C

CFO 52
article thumbnail

Sebi queries ZEEL ex-directors; shareholders weigh options

CFO News

A number of domestic and overseas institutional shareholders in ZEEL are also in discussions backchannel to coordinate on future course of action, multiple people involved in the discussions said. Large domestic institutions are also engaging with one proxy advisory firm to explore a common course of action that might be palatable to a broader base of investors.

Numbers 52
article thumbnail

A Modern Nonprofit Podcast: Nonprofit Priorities and Time Management

The Charity CFO

As a young college student in the ROTC program, Alisa recognized a hardship for her Australian Shepherd, JD. With Alisa’s husband deployed and as she herself was heading to training for the Marine Corps, JD had nowhere to go. After a cross country trip from CA to VA, a temporary home was found for JD while Alisa and Shawn were deployed. Then the question came: ‘How many military families struggle with the same issues?

article thumbnail

India overtakes Hong Kong as world’s fourth-largest stock market

CFO News

The relentless rally in Indian stocks has coincided with a historic slump in Hong Kong, where some of China’s most influential and innovative firms are listed. Beijing’s stringent anti-Covid-19 curbs, regulatory crackdowns on corporations, a property-sector crisis and geopolitical tensions with the West have all combined to erode China’s appeal as the world’s growth engine.

article thumbnail

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

article thumbnail

How to Earn Big as a CFO?

The Finance Weekly

Joe Berchtold, the President and CFO of Live Nation Entertainment, earned an impressive $52.4 million in 2023, making him the ,, highest-paid CFO in the United States. His significant role at Live Nation has been crucial in shaping the company's strategy and financial planning, thanks to his extensive experience in the entertainment industry and financial management.

CFO 52
article thumbnail

Govt widens scope of financial services offered at International Financial Services Centre

CFO News

The Indian government has broadened the range of activities permitted at the International Financial Services Centre (IFSC) by incorporating services such as bookkeeping and accounting. The Ministry of Finance issued a gazette notification, expanding the scope of financial services to include bookkeeping, accounting, taxation, and financial crime compliance.

article thumbnail

CFOs' guide to a smooth finance system migration

Future CFO

As part of strategising , financial leaders take the plunge to migrate finance systems to optimise operations and improve internal processes. It is only important that CFOs ensure that the migration is smooth, including project management, testing, data transfer, integrations, and user adoption. Undeniably, good project management plays a vital role to a successful migration project.

Finance 52
article thumbnail

JSW Group to invest $5 billion in EV projects in eastern India

CFO News

JSW Group plans to invest 400 billion rupees in EV manufacturing projects in Odisha, India. Electric models accounted for 2% of India's car sales last year, with Tata Motors leading the market. The government aims to achieve a 30% share of EV sales by 2023. JSW Group will allocate 250 billion rupees for an EV battery manufacturing plant and an EV components plant in the initial phases.

article thumbnail

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.

article thumbnail

The evolution of accounting

Future CFO

The accounting industry is undergoing profound transformation due to rapid technological advancements across all sectors in the market. Changes from manual record-keeping to sophisticated software solutions has undeniably shifted the accounting landscape, bringing in an era of heightened efficiency and accuracy. Automation Organisations adopting automation in their accounting processes experience a substantial reduction in errors, this is why automation is becoming one of the most remarkable tra

article thumbnail

Bharti Group in talks with SBI Life, others to sell insurance business

CFO News

The move comes after Bharti Group in October 2023 announced plans to buy out its joint venture partner AXA Group's 49% stake in the life insurance business.