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Private firms, not-for-profits reckon with CECL

CFO Dive

Many not-for-profits and private companies are just beginning to grapple with the new rules for current expected credit loss accounting.

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Profit or loss of a PSU not among criteria for disinvestment: Fin Min

CFO News

The finance ministry informed the Parliament that profit or loss of a state-run company is not among the relevant criteria for its privatisation or disinvestment policy but it’s based on the economic principle that the government should discontinue in sectors where competitive markets have come of age.

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Q3 Results: GAIL profit rises 121% on higher spot LNG prices

CFO News Room

State-run gas transporter GAIL ’s net profit increased 121.1% crore on a standalone basis in the quarter ended December, as the natural gas marketing business — GAIL’s largest revenue earner — reported a before-tax profit of Rs 1,749.7 crore against a loss of Rs 73.7 GAIL revenue increased 65.9% y-o-y to Rs 26,427.4

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Facebook’s Shares Plunge After Profit Decline

CFO News Room

startled investors with a sharper-than-expected decline in profits and a gloomy outlook in its first earnings report since Chief Executive. and Canada, two of the company’s most profitable markets, the results show. billion profit for the fourth quarter, below analyst expectations of $10.9 Facebook parent. Meta Platforms Inc.

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How to Calculate Your Profitability: A Case Study

CFO Simplified

As Iowa State University reminds us, “profitability is the primary goal of all business ventures.”. Business leadership is often responsible for measuring current, past, and future profitability. But what is profitability? This CFO Simplified client watched profitability slowly disappear—until they incurred a $125,000 loss.

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Driving profitability: leveraging break-even analysis in FP&A strategies

Cube Software

Understanding break-even analysis Break-even analysis is a fundamental financial tool used to determine the point at which sales will cover all fixed and variable costs, resulting in neither profit nor loss. At its core, this analysis revolves around three primary components:

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Credit Suisse reportedly pulls C-suite, banker bonuses

CFO Dive

The Swiss bank is aiming to incentivize executives with long-term awards as it attempts to return to profitability. It reported its second consecutive annual net loss.

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