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From Walmarts industry-leading supply chain strategies to organizations navigating the COVID-19 pandemic, scenario planning has consistently helped businesses thrive amid uncertainty. Whether it was NASAs readiness for remote work or companies adjusting financial forecasts, scenario planning provided the structure and agility needed to respond to unprecedented change.
Once signed into law, the legislation’s Jan. 1, 2027 effective date would allow time to set up rules needed to implement the changes, the Illinois CPA Society’s Martin Green says.
Retirement has long been associated with leisure, relaxation, and winding down from a long career. But as more individuals confront the emotional realities of this life transition, many find that the absence of structure, socialization, and identity once provided by work can create a gap that traditional retirement planning doesn't fully address. In this guest post, Kathleen Rehl, a "ReFired" financial advisor and educator in legacy planning, shares a framework to help advisors guide clients thr
Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te
Maintaining strong relationships with key customers is an essential element of credit and collection management as well as customer care, more so in today’s frenetic economic environment. A strategic customer visit is more than just a meet-and-greet; it’s an opportunity to gain insight, address concerns, and reinforce trust. For credit professionals, choosing which customers to visit and when is the first step towards realizing valuable payback in both relationship-building and busin
Marc Fandetti, CFA, is a portfolio strategist at Armstrong Advisory Group, a Registered Investment Advisor in Needham Massachusetts. He is a CFA charterholder and holds an MS in Applied Economics from Boston College. Fandetti’s research has been published in The Journal of Portfolio Management and The Journal of Alternative Investments.
The company’s chief financial officer contended the point-of-sale unit will still deliver $3.5 billion in revenue this year despite a recent volume growth slowdown.
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
Indian banking profits soared to a record high in FY25, driven by public sector lenders' strong performance. PSBs witnessed a 26% profit surge, narrowing the gap with private banks' 7% growth. Improved asset quality, aided by regulatory measures and bankruptcy code, contributed to the sector's impressive earnings, despite concerns about unsecured loans and microfinance stress.
Agribusiness is one of the oldest forms of trade in the world, but that doesn’t mean it’s immune to new challenges. Changing consumer habits, geopolitical pressures, and a changing environment mean that businesses need to find new ways to adapt in order to meet demand. Alain Le Floch, Senior Advisor of CFI France, discusses the forces shaping food and agriculture business around the world, and what CFI can do to help guide you and your business through these changes.
HDFC Bank faces scrutiny in the UAE over the alleged mis-selling of Credit Suisse bonds. A regulator is examining potential breaches of licensing conditions related to how HDFC conducted business across different jurisdictions, specifically between its UAE, DIFC, and Bahrain operations. Investor complaints have triggered investigations into whether clients were properly onboarded and advised, raising concerns about regulatory compliance.
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.
SEBI is investigating IndusInd Bank for a major Rs 1,530 crore derivatives valuation error, revealing potential insider trading and corporate governance lapses. Here are the crucial takeaways from the interim order.
This surge fueled by competitive pressure and promises of enhanced customer insights has institutions like Bank of America allocating $4 billion to AI and other new tech initiatives. While early adopters report efficiency gains and cost reductions, the sector faces a pivotal challenge: The average expected ROI timeline of two years reflects both optimism and pressure to demonstrate quick wins.
BP Plc's Castrol lubricant business is drawing significant interest from a range of potential buyers, including Reliance Industries, Apollo Global Management, Lone Star Funds, Brookfield Asset Management, and Stonepeak Partners. Saudi Aramco is also considering a bid for the unit, which could fetch between $8 billion and $10 billion.
At Microsoft Build 2025 , one message stood out: AI agents are no longer just futuristic ideasthey’re here to automate, enhance, and redefine how we work with data. For Power BI users, this marks the beginning of Agentic BI: business intelligence powered by context-aware AI agents and copilots that streamline tasks, guide users, and generate insights in real time.
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.
Peter McGuire anticipates continued US dollar weakness, benefiting the euro, yen, and pound. He expects bond yields to rise around 4.47% while closely monitoring Fed rate policy and tariff negotiations. McGuire maintains a long position on gold, targeting $3600-3700 in Q3, and a short position on crude oil due to anticipated increased production from OPEC.
This page provides a summary of all system updates, including new features, enhancements, bug fixes, and other changes released each quarter. Our goal is to keep you informed about the continuous improvements we make to deliver a more secure, efficient, and user-friendly experience. Please refer to the logs below for detailed information on the changes implemented in each release.
Under the new RBI guidelines, regulated entities such as NBFCs are prohibited from entering into default loss guarantee (DLG) arrangements for loans backed by credit guarantee schemes.
Global economists predict strong economic growth in South Asia. India is likely to lead this expansion in 2025 and 2026. However, trade policy and AI could strain global growth. US economic policy may delay business decisions and raise recession risks. Public debt concerns are rising with increased defense spending.
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.
ITC shares plunged over 3% after British American Tobacco (BAT) divested a 2.5% stake in the company for Rs 12,927 crore. The stock settled at Rs 420.10 on the BSE, with the company's market valuation declining by Rs 17,269.48 crore. Following the transaction, BAT remains a significant shareholder with less than 23% stake in ITC.
Myntra secured Rs 1,062.5 crore ($124 million) funding from parent FK Myntra Holdings amid its expansion to Singapore. The firm launched Myntra Global to serve the Indian diaspora, turning profitable in FY24 with Rs 31 crore net profit. It is also competing in rapid delivery alongside rivals like Zepto and Newme.
IndiGo appointed Vikram Singh Mehta as its new chairman, succeeding Venkataramani Sumantran. Mehta, an existing board member, brings experience from Shell and board roles at Colgate Palmolive India, Mahindra & Mahindra, and Larsen & Toubro. Sumantran had served as chairman for three years during the post-pandemic recovery phase.
The move is aimed at enabling local entities to gain scale, in sync with the Centre's vision of creating large home-grown accounting firms, he told ET. The framework would require local firms that are already affiliated with global accounting entities to register with the ICAI and undertake necessary compliances, said people aware of the details.
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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