Wed.Nov 13, 2024

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U.S. annual inflation ticks up to 2.6%, but matches expectations

Tips Watch

By David Enna, Tipswatch.com It’s good news when a monthly U.S. inflation report matches expectations. And October delivered, even though annual all-items inflation ticked higher and core remained too strong for comfort. The U.S.

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Inflation edges up, highlighting Fed’s bumpy path to stable prices

CFO Dive

Traders in interest rate futures bet that the Fed will take the inflation news in stride, raising the odds that it will trim borrowing costs by a quarter point next month.

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Achieving the Right Balance of Risk and Return in Corporate Investments 

CFO Talks

Achieving the Right Balance of Risk and Return in Corporate Investments When handling corporate investments, CFOs often face the balancing act between risk and return. Striking this balance is key to ensuring a company’s growth while protecting it from financial shocks. Here’s a practical look at some key strategies to help you maximise returns while managing risk effectively.

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Jack in the Box brings back ex-CFO for second stint

CFO Dive

Lance Tucker will receive a $200,000 cash bonus upon taking Jack in the Box’s CFO seat for the second time.

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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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2050: Harnessing the Power of Three: Dynatrace’s Layered AI Strategy | Jim Benson, CFO, Dynatrace

CFO Thought Leader

One of the key lessons that helped advance Jim Benson down the CFO path was one in clarity and focus during his tenure as FP&A leader for the customer service division of Compaq, freshly acquired by Hewlett-Packard. Eager to influence how the division’s performance was presented, Benson dedicated himself to crafting detailed reports and narratives.

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BMO Survey: U.S. Latinos plan to spend more on the holidays this year

Bank of the West

“For many Latinos, the holidays are a cherished time that brings together culture, family, and faith. Whether gathering in multigenerational homes or celebrating with traditional posadas, it’s a season marked… Read more The post BMO Survey: U.S. Latinos plan to spend more on the holidays this year appeared first on About BMO.

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Accounts Receivable Hurdles to Overcome in 2025

The Finance Weekly

It's crucial for small businesses to maintain good cash flow by managing finances and staying updated on Accounts Receivable (AR). Effectively handling AR means keeping track of customer invoices and making sure payments are collected on time. Now, let's look at common challenges finance teams face with AR and ways to enhance payment collection while minimizing the risk of unpaid invoices.

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Celebrating global leadership in the 2SLGBTQ+ community 

Bank of the West

BMO’s John McNain, COO, North American Personal and Business Banking is being recognized for the third year in a row on INvolve’s global 2024 Outstanding Executive Role Model List, which… Read more The post Celebrating global leadership in the 2SLGBTQ+ community appeared first on About BMO.

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India's capex recovery expected in H2 FY25 as govt and corporate investments show growth potential

CFO News

The slowdown in early fiscal spending was largely due to restrictions during the general elections, which led to a 35% YoY dip in central capex to Rs 1.8 trillion and a 21% decline in state capex to Rs 0.8 trillion in Q1.

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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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At The Money Celebrates its First Anniversary

Barry Ritholtz

Hard to believe a year ghas blown by that quickly, but it’s been that long (or short) since the first At the Money podcast dropped in 2023. With Masters in Business in its 10th year, the nice folks at Bloomberg asked if I had any ideas about any new shows. My initial response was, “Let me think about it.” I looked around to see what else was available and noticed a void.

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Indian economy 'sailing smoothly' amid global challenges, says RBI Governor Shaktikanta Das

CFO News

RBI Governor Shaktikanta Das expressed confidence in India's economic stability amidst global uncertainties. He highlighted the country's strong external sector, robust buffers, and the RBI's proactive measures in navigating challenges like inflation and geopolitical tensions. Das emphasized the central bank's commitment to balancing growth and stability while addressing emerging risks.

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1050: Harnessing the Power of Three: Dynatrace’s Layered AI Strategy | Jim Benson, CFO, Dynatrace

CFO Thought Leader

One of the key lessons that helped advance Jim Benson down the CFO path was one in clarity and focus during his tenure as FP&A leader for the customer service division of Compaq, freshly acquired by Hewlett-Packard. Eager to influence how the division’s performance was presented, Benson dedicated himself to crafting detailed reports and narratives.

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RBI should definitely cut interest rates, says Commerce Minister Piyush Goyal

CFO News

Commerce Minister Piyush Goyal called for the Reserve Bank of India (RBI) to cut interest rates, arguing that food inflation should not be the sole factor in such decisions. He expressed his personal view, noting that inflation is expected to decline by December. Goyal also urged investors to take a long-term perspective, following recent Foreign Institutional Investor (FII) selling trends.

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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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2024 Election: Evaluating The Impact Of A (Likely) Republican Trifecta On The TCJA Sunset And Tax Planning

Nerd's Eye View

With Republicans appearing to have secured a sweep of the White House and both chambers of Congress, the most immediate question for many financial advisors and their clients is what impact the election results will have on the scheduled expiration of the Tax Cuts & Jobs Act (TCJA) at the end of 2025. At a high level, the Republican trifecta would appear to set the stage for much of TCJA to be extended beyond the original 2025 sunset date.

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UK businesses drive growth and sustainability in India, generating over Rs 5,000 bn in revenue: Report

CFO News

UK businesses are making a big impact in India, generating over Rs 5 trillion in revenue and employing over half a million people. The India-UK Free Trade Agreement is expected to further boost this growth, particularly in sectors like renewable energy and technology. British investments are supporting India's economic development and sustainability goals.

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India's smartphone market to exit 2024 with single-digit annual growth

CFO News

India's smartphone market is expected to exit 2024 with a low single-digit annual growth, as Apple posted its largest-ever quarterly shipment in India with 4 million units in the third quarter (Q3), according to a new report.

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Wholesale Inflation rises to 2.36% in October on soaring food prices

CFO News

Following the Retail Inflation, India’s Wholesale Price Inflation increased to 2.36% in October from 1.84% in September. The Food Price Index saw no easing and rose to 201.2, showing an increase of 11.59%.

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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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GSTN rolls out Invoice Management System to address excess ITC claims issue; experts seek clarity on legal validity, integration

CFO News

The GSTN advisory on the Invoice Management System (IMS) outlines how recipients can manage invoices in real-time, enhancing ITC accuracy and fostering transparency between suppliers and recipients.

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Apple overtakes Samsung in Q3, clocks record shipments in India: IDC

CFO News

The iPhone 15 and iPhone 13 models were the most popular, according to IDC. Record shipments led to Apple cornering majority share in the smartphone market in value terms, widening the gap with Samsung. Apple's revenue share in the market stood at 27.2% while Samsung's share stood at 15.2%.

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USD 1 trillion a year needed for developing nations by 2030: High-Level Group on Climate Finance

CFO News

As countries negotiate at COP29 a new climate finance package to support developing countries beyond 2025, the report cautions against the risks of delayed action.

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NBCC appoints Anjeev Kumar Jain as CFO

CFO News

Anjeev Kumar Jain previously held the position of Director (Finance) of NBCC. This follows the departure of Saleem Ahmad, who has stepped down from the CFO role on the same date.

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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.

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New GSTN feature to correct mistakes in GST invoice matching process for claiming input tax credit; Know how it works

CFO News

Input tax credit: The goods and services tax network (GSTN) has introduced a solution to help GST registered taxpayers into claiming the correct amount of input tax credit despite human error by the supplier in the invoice. GSTN said that the Invoice Management System (IMS) is still new so GST registered recipients may take some time getting used to this system.

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Bharti Airtel faces Rs 10.65 Crore penalty under GST for 2017-18 tax liability

CFO News

The Company is likely to challenge the order. "There is no material impact on financial, operation or other activities of the Company," Bharti Airtel said in an exchange filing.

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Tax net widened, tax liability of middle class reduced under Modi govt

CFO News

There has been a 120 per cent increase in returns filed between 2014 and 2024. From some 3.6 crore Income Tax Returns Filed in 2014, it increased to 7.9 crore this year.

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Sebi proposes accountability for AI use by market infra institutions, intermediaries

CFO News

This is proposed with the aim of ensuring data privacy, security, and integrity, especially with sensitive investor information. In its consultation paper, Sebi said that the market infra institutions should also be accountable for any actions taken based on AI outputs.

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Tariffs on the Table: How to Brief the Board and C‑Suite With Confidence

“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.