Tue.Sep 12, 2023

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PwC curbs US offerings, pushes auditor independence

CFO Dive

The Big Four firm is curbing its U.S. consulting offerings as concerns over auditor independence continue to swirl.

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India added 5.2 crore new formal jobs in FY20-23: Report

CFO News

Analysis of EPFO payroll data showed there were 48.6 million nnew EPF subscriber additions during FY20 to FY23 while 3.1 million new subscribers were added to the NPS during the period, the report said.

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Trending Sources

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Why AP automation is a smart investment for CFOs

CFO Dive

When it comes to managing thousands of invoices, artificial intelligence and automation can run a much tighter ship than humans, asserts Medius executive Branden Jenkins.

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‘G20 opened more doors of opportunities for finance community,’ opine IndiaInc CFOs

CFO News

In order to sense what are the key takeaways from the mega economic event for India Inc and the finance community, ETCFO interacted with a few top CFOs to capture the reaction after the completion of the G20 summit. CFOs highlighted that the conclusion of the G20 summit is the grand opening of the decade which belongs to India.

Finance 111
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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.

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Citi, Cisco venture arms join cyber startup’s $19M funding round

CFO Dive

The investment boosts the startup's effort to roll out a tool to help businesses swiftly respond to cyberattacks, which are causing million-dollar losses.

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More Trending

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Orthofix ousts CEO, CFO, CLO, citing ‘offensive conduct’

CFO Dive

The medical device company’s shares fell 30% Tuesday after it named interim successors to fill the fired executives’ roles.

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Federal Bank to open 100 branches in FY23

CFO News

The Kochi-based lender had opened 75 branches last fiscal, its executive director Malini Warrier told reporters on the sidelines of the three-day global SME financing summit organised by the developmental lender Sidbi.

Banking 98
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M&A slump drives 49% decline in sale leasebacks

CFO Dive

This year’s slow mergers and acquisitions market is having a knock-on effect on certain commercial real estate deals.

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Instead of retail, real value of CBDC lies in cross-border: Nandan Nilekani

CFO News

Answering a query raised by Sopnendu Mohanty, Chief Fintech Officer, Monetary Authority of Singapore, Nilekani explained that while connecting the payment systems at a global level will take time, India should look at it by looking at the major corridors of money movements.

Retail 98
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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.

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Transcript: Jon McAuliffe

Barry Ritholtz

The transcript from this week’s, MiB: Jon McAuliffe, the Voleon Group , is below. You can stream and download our full conversation, including any podcast extras, on iTunes , Spotify , Google , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ XXXXX ~~~ The post Transcript: Jon McAuliffe appeared first on The Big Picture.

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RBI issues revised norms for classification, valuation of investment by banks

CFO News

As per the revised norms, banks will have to classify their entire investment portfolio under three categories -- Held to Maturity (HTM), Available for Sale (AFS) and Fair Value through Profit and Loss (FVTPL).

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#FA Success Ep 350: The RIA Custodian As The All-In-One Investment Operating System Of The Future, With Jason Wenk

Nerd's Eye View

Welcome back to the 350th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Jason Wenk. Jason is the CEO of Altruist, a relatively new RIA custodian that has quickly grown to serve more than 3,500 advisory firms across the country, making it the 4th-largest independent RIA custodian by firm count. What's unique about Jason, though, is how he built Altruist as an "all-in-one" custodian platform for RIAs that includes the portfolio management and performance reporti

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Twist in Hindenburg-Adani case: Former Adani contractor says he is witness to how Adani shifted money

CFO News

In his petition, Agarwal said he is an interested party as he has worked for the Adani Group as a contractor for its projects and has closely observed the working of the conglomerate and that he would like to assist the apex court to protect the larger interest of investors.

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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.

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Most Valuable Companies

Barry Ritholtz

The 50 Most Valuable Companies in the World in 2023 The post Most Valuable Companies appeared first on The Big Picture.

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India's retail inflation slows to 6.83 per cent in August, but stays outside RBI’s tolerance band

CFO News

Retail inflation moderated to 6.83 per cent in August after reaching a 15-month high of 7.4 per cent in July, driven by food prices.

Retail 111
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Budget Preparation Process: Full Step Guide

Spreadym

Budget preparation is the process of creating a detailed financial plan that outlines an organization's expected income and expenses for a specific period, typically for a fiscal year. This process is essential for effective financial management and decision-making, whether it's for a business, government agency or non-profit organization. Here are the key steps involved in budget preparation: Define Objectives and Goals : Begin by establishing clear financial objectives and goals.

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RBI directs banks to put in board-approved investment policies

CFO News

Banks will be required to reclassify their investments from one category to another starting from the effective date, with such changes disclosed in their financial statements for FY24, according to the RBI.

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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

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ION introduces Wallstreet Suite: Empowering Treasury

Reval

LONDON – 12 September 2023: ION Treasury, a global provider of treasury and. The post ION introduces Wallstreet Suite: Empowering Treasury appeared first on ION.

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What is Working Capital?

CFO Share

For business owners and entrepreneurs, working capital is not just a financial metric; it’s the lifeblood that ensures smooth operations, stability, and growth. A deep understanding of this essential concept can significantly elevate financial decision-making, setting the stage for sustainable success. What is working capital in simple terms? At its core, working capital is the difference between a company’s current assets and its current liabilities.

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Steel prices to stay stable in FY'24: Crisil

CFO News

In the first five months of the year, demand has grown by 13 per cent. While frontloading of central government capital expenditure (capex) could lead to a slowdown in demand in the second half of the year, Crisil analysts expect overall demand to grow by 10-12 per cent.

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Unmanaged digital sovereign risk to severely impact 30% of MNCs

Future CFO

Unmanaged digital sovereign risk is set to impact 30% of multinational organisations that will experience revenue loss, brand damage or legal action, said Gartner recently. According to the advisory firm, digital sovereignty is the ability of a government to realize policy without impediments imposed by the digital regulations of foreign governments directly on their citizens and domiciled business, including those exercised through digital giants under regulatory control.

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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.

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World now recognises India for its own capability and potential, says Minister Piyush Goyal

CFO News

The just-concluded G20 summit has demonstrated to the world that India can provide leadership with a vision and forge consensus even in these difficult times, commerce and industry minister Piyush Goyal told Deepshikha Sikarwar in an interview.

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Welcome Troy Rambo

Focus CFO

Troy Rambo has recently joined the FocusCFO team in Columbus, Ohio. With 3 decades of experience in finance and specializing in affordable housing management, construction, development, and investment, Troy brings a wealth of expertise to provide Fractional CFO services to businesses in the region. Before joining FocusCFO, Troy spent 6 1/2 years at Ernst & Young, 22 years at Wallick Communities, and 1 year at Woda Cooper Companies.

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Inflation: Rajasthan clocks highest while Delhi ranks lowest in August

CFO News

An analysis shows that 13 of 22 states for which data was available recorded a higher number than the national average of 6.8% - a worse situation than last month when 12 states had recorded higher than national average inflation.

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Krupa Amlani Joins vcfo Houston as Consulting CFO

VCFO

Joining the expanding vcfo team in Houston is Krupa Amlani, Consulting CFO. Bringing with her more than 17 years of experience, Krupa is adept at managing investor relations and fostering strong employee teamwork across disciplines. She balances superb communication abilities with a deep understanding of business operations and revenue discipline. Whenever things change organizationally or on the balance sheet, Krupa is the calm, steady hand ensuring stability, consistency and quality in account

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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.