Wed.Sep 06, 2023

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CFOs are ‘squarely’ in ERP decision process, Deloitte’s Farhat says

CFO Dive

Transformation is a key way for CFOs to cut costs and boost profit, but finance chiefs need to keep compliance front and center, Deloitte’s Isa Farhat advises.

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Nobody Knows Anything, John Wick edition

Barry Ritholtz

 In 2016, I wrote about the novelist and screenwriter William Goldman, and his delightful book, “ Adventures in the Screen Trade.” He is the Academy award-winning scriptwriter who penned such classics as “Butch Cassidy and the Sundance Kid” (1969), “All the President’s Men” (1976), “Marathon Man” (1974), and the cult-favorite “The Princess Bride (1973).

Finance 117
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Trending Sources

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Fed reports ‘modest’ economic growth, slowing inflation

CFO Dive

The central bank’s aggressive monetary tightening will likely curb inflation without triggering a recession, former St. Louis Fed President James Bullard said.

Economics 286
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If joint audit is to be brought in, there should be complete clarity on auditors’ responsibilities: NFRA Chair

CFO News

Users of financial statements should have a clear-cut view about which auditor is behind that assertion which is true and fair, Ajay Bhushan Pandey tells ET CFO.

Auditing 115
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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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FASB finalizes new fair value crypto accounting

CFO Dive

Many crypto companies have clamored for the fair value fix, which won't apply to such assets as NFTs.

More Trending

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Nordstrom vet tapped for Honest CFO seat

CFO Dive

The finance leadership change comes as the consumer products company struggles with growth and profitability.

CFO 210
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FinMin tightens PMLA rules, brings partners with 10% stake under its purview

CFO News

The government has in recent months tightened various anti-money laundering provisions ahead of assessment by the global watchdog on terror financing and money laundering Financial Action Task Force (FATF).

Finance 98
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Schneider National names new CFO

CFO Dive

Darrell Campbell will join the Wisconsin-based carrier Sept. 30.

CFO 130
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How Advisors Can Help (Not-So HNW) Clients Maximize Asset Protection By Assessing Strategies, Tools, And Education

Nerd's Eye View

Financial advisory clients are routinely concerned about lurking threats to their hard-earned wealth in the form of a large unforeseen judgment on a liability claim. While asset protection is a popular planning topic for High-Net-Worth (HNW) and ultra-high-net-worth clients, those who are not HNW are susceptible to the same threats to wealth. However, while some protection options come with a high cost (that might not be practical for non-HNW clients), asset protection can come in many forms, so

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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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Startups take measures to ease their employees out

CFO News

Companies are also identifying people who were hired with fancy salaries and perks during the 2021-2022 hiring boom, but are not great performers.

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Asia Pacific business leaders eye AI and dealmaking amid fading recession fear

Future CFO

Asia Pacific business leaders eye AI and dealmaking as fears of a severe recession fade. This is according to the findings of the latest EY CEO Outlook Pulse survey, which captured the views of 1,200 CEOs across the globe on the macro environment, and their capital allocation, investment, and transformation strategies. Asia Pacific business leaders see the huge advantages of AI and its potential to drive productivity and positive outcomes for all stakeholders, spurring interest and investment in

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Chinese automaker SAIC looks at local co-drivers to navigate India market

CFO News

The company didn't comment when asked about the prospect of an alliance with JSW Group. reported in its June 14 edition that a private company owned by Sajjan Jindal, chairman of JSW Group, aims to buy a stake of as much as 48% in MG Motor India.

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Navigating Volatile Markets: Strategies for Successful Investment Analysis

Financial Analyst Insider

The world of investing is characterized by its exhilarating highs and heart-wrenching lows. While the potential for substantial gains is alluring, the volatile nature of The post Navigating Volatile Markets: Strategies for Successful Investment Analysis appeared first on Financial Analyst Insider.

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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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Plan to transition to an 'energy' company: HPCL chief Pushp Kumar Joshi

CFO News

With over one-fourth share of India's fuel marketing, and the second-largest number of fuel retail outlets, HPCL is charting out a growth path which will expand its balance sheand generate new revenue streams, chairman Pushp Kumar Joshi told ET's Kalpana Pathak in an interview.

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10 Wednesday AM Reads

Barry Ritholtz

My mid-week morning train WFH reads: • How BYD snatched Tesla’s crown : BYD dominates the Chinese EV market. Now it’s coming for the world. ( Rest of World ) • The incredible American consumer : The biggest driver of the surprisingly resilient US economy has been the ability and willingness of Americans to shrug off the bad vibes and buy “everything that isn’t nailed down”, as Chris Rupkey puts it.

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FinTechs kept regulators on toes, speed of innovation poses knowledge gap: IFSCA Chairman

CFO News

FinTechs are at the fore front of innovation and transformation today. The sector is seeing unprecedented increase in both innovation and regulations. K Rajaraman, Chairperson, International Financial Services Centre Authority highlighted how FinTechs have kept the regulators on their toes and how the speed with which innovation is happening in the sector it creates a knowledge gap with which regulators are battling.

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Performance Measurement Tips From a Fractional CFO

Beacon CFO Plus

by Rob Joseph, Director, BeaconCFO Plus Leading Your Company to Growth Performance measurement plays a significant role in driving a company’s growth and success. Our fractional CFOs are positioned to help business owners and managers more effectively lead their companies to growth—and developing performance metrics starts with setting clear and specific goals.

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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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Cabinet approves Rs 3,760 cr Viability Gap Funding for battery storage system

CFO News

A Rs 3,760 crore Viability Gap Funding (VGF) was approved by the Union cabinet for creating battery energy storage system on Wednesday, union minister Anurag Thakur announced. "This move will help reduce India's dependence on fossil fuels," he said. The cost of battery scheme will be borne by the central govt, he further said.

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Comment on PMC-Slider-2560x500_Chess by Syed Quadri

PMC Treasury

TESTING SAQQ

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Neeraj Mittal takes charge as DoT secretary

CFO News

Neeraj Mittal has assumed the position of Department of Telecommunications (DoT) secretary. Mittal, a 1992-batch Indian Administrative Service (IAS) officer, will be responsible for deciding on key issues in the telecom sector, such as spectrum allocation and over-the-top regulation.

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Sebi faces an uphill battle against ‘finfluencers’

CFO News

If the Securities and Exchange Board of India had hoped that its action would produce a chilling effect across the country’s fast-growing horde of unregulated financial influencers, that didn’t happen.

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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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Average processing time of income tax return (ITR) after verification reduced to 10 days: CBDT

CFO News

As on September 5, 2023, 6.98 crore ITRs for AY 2023-24 were filed, out of which 6.84 crore ITRs have been verified. The average processing time was 16 days in fiscal year 2022-23 and 82 days in fiscal year 2019-20, stated the PIB release.

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Yono app fetches Rs 100 crore in fee income every quarter, says SBI Chairman

CFO News

Yono app: The mobile app Yono of the State Bank of India generates Rs 100 crore in fee income every quarter by selling products from its parent's subsidiaries. The app, launched in 2014, is responsible for 85% of banking transactions. The chairman of the bank, Dinesh Kumar Khara, mentioned that Yono has sold Rs 21,000 crore worth of pre-approved personal loans in the past two fiscal years.

Banking 52
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Tata in talks to buy Haldiram's, snack maker eyes $10 billion valuation: Sources

CFO News

Tata: If successfully concluded, a deal would see the Indian conglomerate directly compete with Pepsi and billionaire Mukesh Ambani's Reliance Retail.

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Asian Development Bank flags $2.5 trillion gap in global trade finance

CFO News

An ADB survey uncovered a critical concern among firms involved in global supply chains: insufficient financing.

Finance 52
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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.