Costco’s retiring CFO says inflation ‘essentially flat’
CFO Dive
MARCH 8, 2024
The flat metric seen in Costco’s latest quarter is a marked change. CFO Richard Galanti noted inflation soared as high as 9% a couple years ago.
Fri.Mar 08, 2024
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Transitioning from SAP Business ByDesign to SAP S/4HANA Cloud Public Edition
Navigator SAP
MARCH 8, 2024
SAP Business ByDesign is a mature and stable ERP solution. When organizations are ready and have finally outgrown SAP Business ByDesign, there is a clear and curated migration path to SAP S/4HANA Cloud Public Edition. In this new episode of the podcast Inside SAP S/4HANA Cloud , Yannick Peterschmitt discusses customers' transitions from SAP Business ByDesign to SAP S/4HANA Cloud Public Edition with three guests: Russell Delapp from Navigator Business Solution, both a customer and partner from th
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Funko CFO to step down as toymaker preps for ‘softer’ content schedule
CFO Dive
MARCH 8, 2024
Steve Nave is departing after largely executing his financial and operational goals. The CFO's resignation comes as Funko continues to brace for economic headwinds.
Government notifies changes in competition law related to M&As
CFO News
MARCH 8, 2024
"The government has increased the existing financial thresholds as prescribed under Section 5 of the Competition Act by 150 per cent. Further, the De Minimis or the Small Target Exemption thresholds have also been increased. This is in line with the government motto of ease of doing business in India as less M&A deals would require CCI approval," he said.
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.
Regional bank execs push back on CRE risk fears
CFO Dive
MARCH 8, 2024
Regional banks are working to manage exposure to the office sector, but executives say they will skirt a regional banking crisis.
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FPIs quizzed on 'loans' for trading
CFO News
MARCH 8, 2024
It's unclear why the information was sought, but the Income Tax (I-T) department has directed these offshore funds to disclose the identities of the lenders, the latter's source of money, and the nature of agreement between the two parties. The move to fish out such information could well be to trace any possible and indirect links between overseas portfolio managers with Indian companies and promoters, feel some of the tax and finance professionals.
MiB: Sean Dobson, Amherst Holdings
Barry Ritholtz
MARCH 8, 2024
This week, I speak with Sean Dobson, chairman, CEO and CIO of Amherst Holdings LLC. The firm manages $16.8 billion in assets focused on single-family rentals, mortgage-backed securities and commercial real estate. He currently serves as a governing trustee for the Dana-Farber Cancer Institute in Boston and is a co-founder of CapCityKids. Amherst was managing a variety of public and private label loans in the 2000s, including mortgage-backed securities (MBS).
India-UK trade talks set to end with key issues unresolved
CFO News
MARCH 8, 2024
The latest round of trade talks between the UK and India appears set to end without a breakthrough. Negotiations for a free-trade agreement, seen as a key prize of Brexit, have been plagued by disputes over visas, market access, and more. Indian negotiators don’t have sufficient time to engage on the pending issues ahead of elections likely in April, two people familiar with the development said, refusing to be identified as the discussions are private.
CBIC working to weed out duplicate notices
CFO News
MARCH 8, 2024
Courts have made adverse comments in many such cases of parallel investigations. The matter was discussed at a recent meeting of enforcement officials from the central and state GST departments, chaired by union finance minister Nirmala Sitharaman. "There are instances where both the Centre and states have issued notices or have started investigations in the same case.
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.
In India's semiconductor moment, spotlight on talent
CFO News
MARCH 8, 2024
There is demand for 40,000-50,000 employees across job roles in 2024, a 25-30% increase over last year, says staffing company Randstad. The sector is expected to see more than 800,000 to 1 million job openings over the next five years.
Fed gets another reason not to rush on rate cuts
CFO News
MARCH 8, 2024
Employers added a robust 275,000 jobs last month, a Labor Department report showed on Friday, handily beating the 200,000 that economists expected. Still, the report's revisions of prior months' estimates showed smaller job gains in January and December than had earlier been thought, suggesting that a long-anticipated slowing in job gains is underway.
We are making big investments in defence sector in next 10 years, says Adani Defence CEO
CFO News
MARCH 8, 2024
"We are going to make big investments in the defence sector in the next 10 years," he said at NDTV's 'Defence Summit' on Thursday. Rajvanshi, however, did not elaborate on the investments. In a major move, the Adani Defence and Aerospace last month inaugurated two mega facilities to manufacture ammunition and missiles.
Apollo Tyres slapped penalty by GST Dept. in UP; plans appeal against the order
CFO News
MARCH 8, 2024
The order was passed by the Assistant Excise and Taxation Officer (GST), Uttar Pradesh, which has imposed a penalty of INR 1.3 lakh on Apollo Tyres, the company said.
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.
Women's Day: Higher-rated firms have more women on their boards, says Moody's
CFO News
MARCH 8, 2024
Companies based in advanced economies exhibit a correlation between board gender diversity and credit ratings, but those in emerging markets do not, it said.
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