Tue.Oct 03, 2023

article thumbnail

AI champions pitch use cases for CFOs: Workday conference

CFO Dive

“We’re moving to a world with massive amounts of data, massive complexity of data, and data that is continuously changing, and that’s where AI comes in,” said tech executive Rohit Gupta.

313
313
article thumbnail

Warburg Pincus buys into Brookfield's global BPO firm Everise

CFO News

Headquartered in the US, with over 19,000 employees in eight markets, Everise provides customer service solutions to some of the world’s leading healthcare companies. As part of the transaction, Everstone Group, the Singapore-headquartered private equity firm will exit its investment in Everise, said the release.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

FASB revisits GAAP cleanup

CFO Dive

The board may remove some "non-authoritative" definitions from the codification — effectively the bible of generally accepted accounting standards.

GAAP 300
article thumbnail

#FA Success Ep 353: Driving Growth By Setting A Clear Vision Of What You Do Best In Your Business(es), With Brett Danko

Nerd's Eye View

Welcome back to the 353rd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Brett Danko. Brett is the Founder of Brett Danko Educational Center, a CFP Board Education and Exam Prep provider, and the CEO and Managing Partner for Main Street Financial Solutions, an independent RIA based in Newtown, Pennsylvania, that oversees almost $2 billion in assets under management for nearly 1,700 client households.

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

SEC fines Newell Brands $12.5M for misleading investors

CFO Dive

Newell veiled sub-par sales using various accounting changes and disregarded warnings from its audit committee and auditor, the SEC said.

Auditing 283

More Trending

article thumbnail

Clear Street taps new CFO among sweeping leadership shifts

CFO Dive

The new CFO is taking the company’s financial reins as the $2 billion fintech looks to establish a unique niche in the capital markets space.

CFO 260
article thumbnail

India Inc’s most discussed CFO movements in September 2023

CFO News

From IT to Insurance and logistics to telecom every sector witnessed a shuffle in the top position in the Finance domain – the CFO.

CFO 105
article thumbnail

Cybersecurity spending slows amid economic headwinds: report

CFO Dive

Average security budget growth was lowest in cyber-mature sectors, such as tech, finance and healthcare, according to the research.

Economics 258
article thumbnail

Still Spending Like There’s No Tomorrow

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: â–şRising Rates Hurt – “Investors fear unsustainably high interest rates will spark bank-loan defaults” â–şUtilities Crash – Utilities are underperforming the S&P 500 32% YTD.

Finance 60
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

More companies are ramping up generative AI pilots

CFO Dive

The share of companies piloting the technology has tripled in less than six months, Gartner data shows.

article thumbnail

How to Find the Best FP&A Candidates for Your Team

Spreadym

Financial Planning and Analysis (FP&A) candidates are professionals who specialize in financial planning, budgeting, forecasting, and analysis within an organization. They play a critical role in helping companies make informed financial decisions and allocate resources effectively. FP&A candidates typically have a background in finance, accounting, or a related field and possess a combination of skills and knowledge in financial analysis, modeling, and strategic planning.

article thumbnail

Clips From Today’s Halftime Report

The Reformed Broker

Interest rates are rising because economic growth is better than expected, says Cerity’s Lebenthal from CNBC Final Trades: Starbucks, Cisco & more from CNBC

article thumbnail

939: Creating a Narrative for Growth | Ralph Leung, CFO, Achieve

CFO Thought Leader

When Ralph Leung relocated to Hong Kong from Morgan Stanley’s New York offices, he was a newlywed eager to energize the financial world as one of the bank’s senior deal makers for the Asia Pacific region. Four years later, when he accepted a call from a U. S. recruiter, he had been credited with having led numerous transactions (mostly IPOs) from the region, including Alibaba Group’s historic $25 billion IPO.

CFO 52
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

ACCA, IMAA sign cooperation deal to boost corporate finance expertise

Future CFO

The Association of Chartered Certified Accountants (ACCA) and the Institute for Mergers, Acquisitions, and Alliances (IMAA) signed a strategic cooperation deal to enhance their members’ corporate finance expertise. The agreement seeks to boost professionals’ knowledge in crucial areas of corporate finance, particularly in mergers and acquisitions. Helen Brand “This co-operation agreement will enhance the educational opportunities that ACCA members can tap into,” said Helen Brand , chief executiv

article thumbnail

Chanda Kochhar moves Supreme Court challenging Bombay HC order on 'illegal' termination from ICICI Bank

CFO News

Chanda Kochhar, the former CEO of ICICI Bank, has filed a petition with the Supreme Court challenging her "illegal" termination. She is seeking retirement benefits and entitlements, including Employee Stock Options, which she claims were wrongfully revoked by the bank. Kochhar also wants the court to prevent the bank from interfering with her exercise of vested and unvested stock options.

Banking 52
article thumbnail

Global economic growth to hit 3.0% in 2023: OECD

Future CFO

The global economic growth is estimated to reach 3.0% in 2023 and 2.7% in 2024, said OECD recently. A disproportionate share of global economic growth in 2023-24 is expected to continue to come from Asia, despite the weaker-than-expected recovery in China, OECD noted. Growth was comparatively robust in the US and Japan, but weak in most of Europe, particularly Germany, the organisation pointed out.

article thumbnail

In major rejig, HDFC Bank splits retail loans division

CFO News

HDFC Bank chief executive Sashidhar Jagdishan has split retail loans into mortgage and non-mortgage segments, with two group heads and two regional heads for branch banking, which would be pivotal for liability growth - a key investor metric for the biggest Nifty constituent by weighting.

Retail 52
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 Salesforce Instilled a Culture of Continuous Improvement | Jason Leet, CFO, Zylo

CFO Thought Leader

938: The Art of the Possible | Jason Leet, CFO, Zylo MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software. The Planful platform, which helps businesses drive peak financial performance, is used around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and analytics. Planful empowers finance, accounting, and business users to plan confidently, close faster, and report accurately. www.planful.com The post How Salesf

CFO 52
article thumbnail

Top IT companies may log muted Q2 growth on macro uncertainty

CFO News

Though the top tier firms have been announcing large deal wins over the past few weeks, brokerages believe they are unlikely to translate into a major change in revenue growth forecast of the Indian IT firms.

article thumbnail

10 Tuesday AM Reads

Barry Ritholtz

My Two-for-Tuesday morning train reads: • Why High Interest Rates and Energy Prices Are Stressing the Economy : Treasury rates and oil and gasoline prices have been increasing, putting the Fed in a difficult spot, our columnist says. ( New York Times ) see also How Prepared Are Consumers For a Recession? The amount of energy needed to refute bad news is an order of magnitude bigger than the amount needed to produce it.

article thumbnail

Decoding government’s tax math for online gaming players

CFO News

As opposed to the DGGI calculation, the prospective taxation method suggested by the GST Council in August on "deposits" would lead to tax liability increasing by about 400% on a yearly basis, the executives added.

Math 52
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

Transcript: Gary Cohn

Barry Ritholtz

 The transcript from this week’s, MiB: Gary Cohn, Director of the National Economic Council, President of Goldman Sachs , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ This is Masters in Business with Barry Ritholtz on Bloomberg Radio [ Barry Ritholtz ] 00:00:07 This week on the podcast, what can I say?

Marketing 107
article thumbnail

Bajaj Finserv's insurance arm receives GST's knock; authority sends demand notice of Rs 1010 cr

CFO News

Bajaj Allianz General Insurance Company, a subsidiary of Bajaj Finserv, has received a show cause cum demand notice from the Directorate General of Goods and Services Tax (GST) Intelligence. The notice alleges a tax demand of Rs 1,010.05 crore for failure to pay GST between July 2017 and March 2022.

52
article thumbnail

Airbnb's package for India's economy has Rs 7,200 cr, 85,000 jobs

CFO News

A report by Oxford Economics reveals that Airbnb has contributed over Rs 7,200 crore to India's GDP and supported 85,000 jobs in 2022. Despite the challenges posed by the Covid-19 pandemic, Airbnb has played a significant role in boosting India's tourism industry. The report also highlights the positive impact of Airbnb guest spending on local communities, with guests spending over Rs 6,400 crore in areas like transportation, restaurants, and retail stores.

article thumbnail

LIC gets income tax penalty notice of Rs 84 crore; insurer to file appeal

CFO News

For assessment year 2012-13, the tax authority has imposed a penalty of Rs 12.61 crore, for 2018-19 Rs 33.82 crore, while Rs 37.58 crore for assessment year 2019-20, LIC said in a regulatory filing.

52
article thumbnail

Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.