Fri.Feb 09, 2024

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CEO optimism hits two-year high as inflation cools: Conference Board

CFO Dive

More than one out of three top executives believe the economic outlook will brighten during the next six months, according to a Conference Board and Business Council survey.

Economics 290
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Weekend Reading For Financial Planners (February 10-11)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a recent survey sponsored by CFP Board demonstrates the upsides of a career in financial planning, from a median salary of nearly $200,000 to flexible work schedules and a strong sense of purpose among advisors. In addition, related research suggests further opportunities for firms looking to acquire and retain talent, from providing a greater sense of autonomy to bu

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Trending Sources

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Minority CPAs drop 26% after 150-hour rule: MIT

CFO Dive

Proponents of the more onerous rule say it raises the quality of accounting services. The study’s authors found “scant evidence.

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Slow progress: Women in CFO roles remain a minority in India

CFO News

Numbers have improved in 2024 so far, but data from 2,257 NSE cos show only 45 women in director-finance roles. Experts said a push is coming from board members to improve gender diversity (which is a key element in the ESG scores of companies) at the top deck.

CFO 59
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How to Navigate Revenue and Expense Management: Competitive Insights for Financial Success

Speaker: Hilary Akhaabi, PhD - Founder, Chief Financial & Operations Officer at Go Africa Global

In the fast-paced world of corporate finance, staying ahead of the curve is crucial for sustainable growth and profitability. This exclusive webinar with leading expert Hilary Akhaabi, PhD, will teach you practical ways to navigate complex financial landscapes and enhance your company's revenue management capabilities. Whether you're aiming to refine your financial strategies or seeking innovative solutions to drive performance, this new session is for you!

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Enerpac Tool appoints interim finance chief

CFO Dive

The Menomonee Falls, Wisconsin-based industrial tool maker appointed its head of financial planning to the interim CFO position.

Finance 258

More Trending

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Paytm may switch to third-party app mode to keep UPI

CFO News

Currently, those using Paytm to make UPI payments have virtual payment addresses (VPAs) ending in @paytm. After March 1, customers might find this changing to some other bank’s handle. Paytm aims to use three or more banks to start issuing new VPAs to its customers for use from next month, sources said.

Banking 52
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Interest rates and the Modern CFO

CFO Talks

In the dynamic world of financial management, few decisions hold as much weight and consequence as those surrounding interest rates. As the custodians of a company’s financial health and strategic vision, modern Chief Financial Officers (CFOs) must navigate the complex landscape of monetary policy with precision and foresight. Recently, the South African Reserve Bank’s decision to maintain interest rates has had significant implications not only for the economic landscape but also fo

CFO 52
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Plan in works to compensate victims of financial frauds

CFO News

The finance ministry said that banks and financial institutions will share information in a standardised format for ease of analysis by law enforcement agencies and further ensure round-the-clock availability of resources to promptly address complaints, which will improve the fraud-to-hold ratio.

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Breaking down barriers for organisational success

CFO Talks

Modern CFOs must embrace strategic leadership and foster cross-functional collaboration within their organisations to drive success in a highly competitive market. Breaking down obstacles between the finance team and other departments is essential to unlocking the organisation’s full potential. Let’s delve into how CFOs can spearhead this transformation and lead their teams to new heights of success.

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How To Streamline Finance Operations Through Automation

Speaker: Claire Grosjean

In today’s fast-paced business environment, finance professionals are under increasing pressure to optimize operations and drive strategic value. As a result, automation has become a core part of business strategy, offering unprecedented opportunities to streamline operations and drive efficiency. Join esteemed global finance and operations executive, Claire Grosjean, for a comprehensive guide on how to harness automation’s power through strategic collaboration with functional leaders.

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Niti Aayog to estimate gap between states' renewable capacity, future needs

CFO News

The Niti Aayog is conducting an analysis to estimate the potential gap between states' renewable energy capacities and their future electricity needs under existing purchase obligations. This initiative aims to assist states in planning their power resources effectively. The assessment considers states' capabilities in solar, wind, and hydro energy, projecting their ability to meet renewable purchase obligations independently or rely on other states.

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Managing the rising cost of cybersecurity: Strategies for CFOs

CFO Talks

Cybersecurity has become an increasingly critical concern for businesses across the globe, with cyber threats evolving in sophistication and frequency. Recent incidents, such as the deepfake CFO scam in Hong Kong , underscore the pressing need for robust cybersecurity measures. As CFOs, it is essential to understand the financial implications of cybersecurity breaches and implement effective strategies to manage the rising costs associated with protecting organisational assets.

CFO 52
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UPA pushed India into fragile five club: FM Nirmala Sitharaman

CFO News

Initiating the debate on the 'White paper on Indian economy and its impact on the lives of people of India', Sitharaman said it was Prime Minister Narendra Modi who put the nation first, pulling the country out of crisis and placing it among the top five economies of the world. India is now on the way to becoming the third-largest economy, she said, adding that the NDA government will make India a developed nation (Viksit Bharat) by 2047.

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SAP Delivers Scalability and Flexibility for Quote-to-Cash to Compliance in the Telecom Industry

Bramasol

As this blog series continues to explore optimizing quote-to-cash (QTC) to compliance for different industries, in this episode we dive into the special challenges faced by companies in the telecom sector and address how solutions in the SAP portfolio help overcome them. For almost 150 years, the telecom industry has undergone massive growth, waves of change, and periodic disruptions from new technologies and evolving business models.

SAP 90
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Empowering Business Travel: The CFOs Guide

Business travel is more than just a line item. It’s a strategic opportunity to align with your company’s goals and empower your employees. With 60% of employees dissatisfied with the ease of booking and modifying travel plans, there’s a significant opportunity to improve travel management. This one-pager explores how to transform travel into a powerful tool for organizational success.

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Ended curse of incremental thinking, India to work at superspeed: PM Modi at ET Now GBS 2024

CFO News

PM Modi highlighted the increasing trust and positive sentiment towards India in international forums, such as Davos. He mentioned that a virtuous cycle has begun in India, with economic growth rising, fiscal deficit shrinking, exports increasing, and poverty decreasing. "New Bharat will work at superspeed - this is Modi's guarantee," he said.

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Rich face crypto dilemma: To bet or not via foreign route

CFO News

Unlike direct purchase of cryptos, investing in an ETF is subscribing to units or securities issued by a regulated fund a feature that most think is a kosher trade. However, some of the Indian banks refuse to remit funds overseas if the money is invested in cryptos or offshore funds and pooled vehicles that invest in cryptos and track the prices of bitcoin and other digital currencies.

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NCLT refuses to grant interim relief to Zee shareholder Mad Man Film Ventures

CFO News

The Mumbai bench of the National Company Law Tribunal (NCLT) declined immediate interim relief to Zee Entertainment Enterprises shareholder Mad Man Film Ventures in their bid to enforce the merger scheme between Sony and Zee. Mad Man sought to restrain Zee and Sony from acting against the NCLT's August 10, 2023 order sanctioning the merger.

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Paytm parent One 97 Communications forms advisory committee to strengthen compliance

CFO News

The committee will be headed by Meleveetil Damodaran, former chairman of markets regulator Sebi, and "will work closely with the board," Paytm said in a press release.

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Top 3 Secrets to Staying Relevant with Gen Z

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

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RBI raises ceiling on remuneration of non-executive directors to Rs 30 lakh

CFO News

The Reserve Bank's instructions on review of fixed remuneration for non-executive directors (NEDs) come into force immediately. The instructions apply to all private sector banks, small finance banks, payment banks, and wholly owned subsidiaries of foreign banks.

Finance 52
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Realty redevelopment projects GST ruling likely to hit cost dynamics across markets

CFO News

Telangana High Court dismisses a legal challenge by a real estate developer regarding the GST on transfer of development rights; real estate projects involving redevelopment and rehabilitation are crucial for Mumbai's property market due to the shortage of vacant land parcels.

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Biocon CFO Indranil Sen resigns

CFO News

Sen was appointed as the CFO of the company in April 2021 after Anupam Jindal stepped down. He has over 20 years of experience in financial planning, treasury, taxation and financial reporting.

CFO 52
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Mamaearth's parent Honasa aims to outgrow the industry by 2 to 2.5 times, CFO shares growth plan for next year

CFO News

Honasa Consumer Q3 Results: Net profit jumps 264% to 26 crore in Q3FY24; sees rural stress spilling over to urban markets.

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Breaking New Ground: Managing Innovation Fatigue With Effective Automation

Speaker: Gary Dmitriev

Our upcoming webinar aims to demystify the process of selecting and implementing automation tools for financial institutes. This session will provide your roadmap for vetting potential solutions, focusing on due diligence, vendor assessments, and aligning technology with strategic goals. We’ll also address the critical issue of innovation fatigue, offering tips on maintaining enthusiasm and momentum for new initiatives.