Fri.Apr 11, 2025

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China raises tariffs on US imports to 125%

CFO Dive

Once the increase takes effect Saturday, the country signaled that it won't retaliate further if the U.S. hikes duties again.

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The Nonprofit Budget Balancing Act: Crafting Budgets for Fundraising Success

The Charity CFO

The Nonprofit Budget Balancing Act: Crafting Budgets for Fundraising Success Nonprofit leaders know all too well that crafting budgets isnt just about numbersits about storytelling. When it comes to securing funding, your budget serves as a narrative tool, helping funders understand your mission, your needs, and your impact. But the challenge lies in the fact that not all funders want to see the same story.

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Trending Sources

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Consumer sentiment plummets, inflation expectations soar amid trade war

CFO Dive

“There’s been a sharp decline in consumer sentiment, and business sentiment measures have weakened too,” New York Federal Reserve Bank President John Williams said.

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MiB: Anthony Yoseloff, Davidson Kempner CIO

Barry Ritholtz

This week, I speak with Anthony Yoseloff , Managing Partner and CIO of Davidson Kempner. Tony joined the firm in 1999. He holds a J.D. from Columbia Law School and an M.B.A. from Columbia Graduate School of Business Administration. Aside from his time at Davidson Kempner, Tony also holds various board seats, including the Board of Trustees of Princeton University and the Board of Directors of PRINCO.

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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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DOGE poses danger to FTC data, fired commissioners say

CFO Dive

The pair, who served as Democrats on the commission, said they were “deeply concerned” that DOGE may access confidential business data at the FTC.

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More Trending

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FASB sets clock for derivatives rules update

CFO Dive

Existing accounting standards have led to “scope creep,” with derivative standards being applied too often, FASB Chair Richard Jones said.

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Weekend Reading For Financial Planners (April 12–13)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the U.S. Senate has confirmed Paul Atkins to be the next Chair of the Securities and Exchange Commission (SEC). In terms of enforcement actions, Atkins is expected to prioritize instances of investor harm and be less inclined to issue sanctions for technical rule violations (which were more frequent under previous SEC Chair Gary Gensler).

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Moore Kingston Smith advises Asteria Group on latest acquisition

Accountancy Today

Moore Kingston Smiths corporate finance team has advised Asteria Labels and Packaging Group once again to advise on its acquisition of Dublin-based printing company Label World. The European packaging company, which is backed by Waterland Private Equity, also entrusted Moore Kingston Smith to advise on its acquisition of Essex-based Compliance Labelling in 2023 and Dublins Label Tech in 2024.

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Sebi bats for ‘optimal regulation,’ likely to revamp norms

CFO News

SEBI Chairman Tuhin Kanta Pandey announced a potential regulatory overhaul to ease compliance burdens and modernize norms. SEBI is collaborating with the RBI and government to simplify investment rules for overseas funds and individuals in the Indian stock market, including exploring fungibility between FPI and FDI.

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Live Demo - Supercharge your Month End Close

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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Indonesia card payments market to reach $87B in 2029

Future CFO

Indonesia's card payments market is expected to reach $87 billion in 2029, supported by the constant consumer shift towards electronic payments, according to analytics company GlobalData. The market is forecast to register a compound annual growth rate (CAGR) of 8.8% between 2025 and 2029 to reach IDR1,379.4 trillion in 2029, as the card payment value in Indonesia is expected to register an estimated growth of 2.6% to reach IDR984.7 trillion ($62.1 billion) in 2025.

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Limelight Announces Integration with Power BI: The Future of FP&A and Analytics

Lime Light

Toronto, ON April 2025 Limelight Software, a leading provider of modern FP&A solutions, announced its new integration with Microsoft Power BI, empowering finance teams with real-time insights, streamlined planning, and cutting-edge analytics.

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Canara Bank appoints Amit Mittal as Group CFO for three-year term

CFO News

Canara Bank has appointed Amit Mittal, a senior official with over 16 years at the bank, as Group CFO, elevating him from his previous roles across branches and administrative offices.

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Bectran Unveils Instant IRS TIN Verification

Trade Credit & Liquidity Management

From a Press Release Dated April 10, 2025, Schaumburg, Illinois Bectran, an accounts receivable management technology provider, has launched a new integration with Cobalt to enable real-time IRS-based Tax Identification Number (TIN) verification directly within its platform. This integration allows businesses to instantly validate Federal Tax Identification Numbers (TINs), including Employer Identification Numbers (EINs), against official IRS records, streamlining the credit approval and account

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Mid-Year Review: How to Ignite Employee Potential Through Meaningful Feedback

Mid-year performance reviews aren’t just boxes for HR to check. Paycor’s toolkit empowers leaders to: Identify high-potential team members. Boost engagement with meaningful feedback. Support struggling employees. Nurture top talent to drive results. Learn how to ignite employee potential through meaningful feedback. When you nurture top talent, everybody wins.

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PwC wraps up IndusInd Bank’s accounting review; forensic probe by Grant Thornton underway

CFO News

PwC has concluded its accounting review of IndusInd Bank's derivatives portfolio, submitting draft findings to management amidst discrepancies in forex derivative transactions. While the review focused on accounting, Grant Thornton Bharat is conducting a forensic investigation to determine the root cause and accountability for mark-to-market derivative losses.

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Achieving Seamless ERP Integration with SAP Consulting and Implementation Services

Navigator SAP

When following a fit-to-standards approach, an SAP enterprise resource planning solution (ERP) will meet roughly 80 percent of your organizations needs right out of the box. The other 20 percent will require extensions that bring specific functionality needed for your business and integrations that connect your ERP system with other systems, such as third-party logistics or specific online marketplaces.

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Poor show by manufacturing, mining pulls down IIP growth to 6-month low of 2.9 pc in Feb

CFO News

India's industrial production growth slumped to a six-month low of 2.9% in February 2025, primarily due to the underperformance of manufacturing, mining, and power sectors. Official data indicates a deceleration across use-based categories, except electricity. The government revised January's growth upward to 5.2%.

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Welcome to the I Bond ‘buying season’

Tips Watch

Buy in April to lock in the 1.2% fixed rate? Or buy in May to start with a higher composite rate? By David Enna, Tipswatch.com Long-time investors in U.S.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

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.

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FY25 has been better than FY24 for TCS as promised; confident FY26 will also be better than FY25: K Krithivasan

CFO News

TCS reported strong FY2025 performance, exceeding FY2024, with confidence in surpassing it in FY2026, fueled by a robust $12.2 billion order book. While sequential margins saw a slight dip due to strategic investments, the company remains optimistic about growth, particularly in BFSI and Europe, aspiring for double-digit expansion despite macro challenges and uncertainties.

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Key Financial Metrics Every Business Should Track for Growth

Capital CFO LLC

In todays competitive business environment, managing finances effectively is crucial for long-term success. Whether you’re a startup or an established company, understanding and monitoring the right financial metrics can provide valuable insights into your companys health and growth potential. By closely tracking these numbers, you can make informed decisions that drive profitability, efficiency, and scalability. […] The post Key Financial Metrics Every Business Should Track for Grow

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RBI to boost banking system liquidity with Rs 40,000 crore OMO and repo operations

CFO News

The Reserve Bank of India (RBI) is set to inject liquidity into the banking system through open market operations (OMO) and variable rate repo (VRR) auctions this month. These measures aim to achieve a system liquidity surplus of 1% of net demand and time liabilities (NDTL) and to offset the impact of GST outflows.

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: The Market Check : Congress Blinks; Law Firms Cower; The Market Speaks.( Intrinsic Value by Roger Lowenstein ) Tariff Q&A: Welcome to the Actual Inbox : A brief comprehensive guide that hopefully answers all your questions.( Kyla’s Newsletter ) see also The Trump White House Cited My Research to Justify Tariffs.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

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.

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Inter-state supplies to unregistered persons, composition taxpayers non-editable from Apr returns: GSTN

CFO News

"The GSTR-3B shall be filed with the auto-populated values as generated by the system only," it added.

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India supports first global carbon tax on shipping

CFO News

The move marks the first time a global carbon tax has been imposed on an entire industry. Starting 2028, ships will either have to shift to lower-emission fuels or pay a fee for the pollution they generate.

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PSU banks cut lending rates to below 9% following RBI repo rate reduction

CFO News

Punjab National Bank, Indian Bank, UCO Bank, Bank of India, and Bank of Baroda have all announced reductions in their external benchmark-linked lending rates, aligning with the RBIs policy rate cut.

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Rupee jumps 61 paise at settle at 86.07 against US dollar

CFO News

The rupee strengthened by 61 paise to 86.07 against the US dollar, driven by a weaker dollar and a strong recovery in Indian stock markets. This surge followed the temporary suspension of US tariffs on India. The domestic equity market also saw significant gains, with the Sensex rising by 1,310.11 points and the Nifty by 429.40 points.

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Doing More With Less: The Modern Finance Miracle

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.