CFO News Room

FEBRUARY 5, 2022

Resilience, inclusive growth, and technology-enabled development – the Budget 2022 by finance minister Nirmala Sitharaman aims to create an enabling framework to achieve these three benchmarks. While the Budget delivers on many fronts, achieving this completely would require a concentrated effort spanning multiple years and further reforms.

Budgeting 130

Budgeting Manufacturing Economics Concentration 130

Future CFO

MARCH 16, 2022

Companies are estimated to reduce annual compliance training by 50% by 2025, said Gartner recently. Many compliance leaders are dissatisfied with the effectiveness of their existing program activities,” said Chris Audet, senior director, research in the Gartner Legal, Risk & Compliance practice.

Compliance 98

Compliance Budgeting Leverage Numbers 98

CFO Talks

NOVEMBER 29, 2024

Additionally, the AFE is used for performance tracking, allowing us to compare actual project costs with budgeted costs, learn from completed projects, and improve future budgeting processes. Our CSR efforts are guided by defined policies and a dedicated budget. The CFO’s role in this energy transition is multifaceted.

Finance 98

Finance Profit and Loss CFO Leadership 98

CFO Talks

NOVEMBER 25, 2024

As a CFO your influence extends beyond financial reports and budgets. How to Handle It: Immediately report the matter to the compliance or legal team. How to Handle It: Advocate for ethical sourcing by highlighting long-term benefits, such as enhanced brand reputation and compliance with international standards.

Leadership 98

Leadership Auditing Profit and Loss Compliance 98

CFO News

JANUARY 30, 2024

As the Interim Budget 2024 nears, significant shifts in India's GST policies come to the forefront, particularly focusing on procedural changes.

Budgeting 110

Budgeting Compliance 110

CFO News Room

FEBRUARY 5, 2022

Tthe Budget is a testimony to the fact that good voluntary tax compliance leads to better revenue collection and a stable tax regime. The FM entered Parliament to present her fourth Budget with a ‘Made in India’ tablet wrapped in a red pouch like a traditional bahi khata. By Sanjay Tolia.

Budgeting 100

Budgeting Compliance Pharmaceutical Manufacturing 100

Future CFO

SEPTEMBER 16, 2022

What are the role of Chief Financial Officers (CFO) and senior finance leaders when it comes to data privacy and compliance? CFOs today need to have a strong understanding of technology-driven issues such as information security, data management, and data privacy and compliance.

Compliance 98

Compliance CFO Securities Leadership 98

CFO Plans

NOVEMBER 10, 2024

Consider a mid-sized tech company that expanded its workforce by 30%—initially, they underestimated their onboarding expenses, leading to budget overruns. By revisiting their workforce expansion budgeting and refining their hiring strategy, they optimized the recruitment process, reducing costs while improving hire quality.

Tax Planning 52

Tax Planning Benchmarking Risk Management Compliance 52

CFO News

JULY 25, 2024

The Budget's CGST amendments aim to simplify compliance, enhance transparency, and foster a business-friendly environment, marking a significant refinement in India's GST framework, say tax experts.

Budgeting 81

Budgeting Compliance 81

The Finance Weekly

SEPTEMBER 22, 2024

Every budgeting season brings a chance to push your business forward into the new year. With 2024 coming to a close and the 2025 budgeting season around the corner, the pressure is really on you and your finance team! Staying Ahead of Evolving Compliance Challenges The compliance scene is constantly evolving.

Budgeting 69

Budgeting Forecasting Compliance Economics 69

CFO News Room

FEBRUARY 2, 2022

However, a 1% withholding tax would impact tax collections because compliance would curtail investments. The government is not treating this as a priority sector as it is proposed to be taxed at ordinary income marginal rate.

Budgeting 130

Budgeting Compliance Securities Finance 130

CFO Talks

APRIL 15, 2025

Are decisions challenged when forecasts dont match operational realities, or is the budget treated as sacred regardless of whats changing on the ground? Accountability Is More Than Compliance Finance professionals are trained to be cautious. Compliance is non-negotiable, of course. Are variances explained, or merely noted?

Accounting 52

Accounting Forecasting Auditing Compliance 52

The Finance Weekly

FEBRUARY 23, 2025

This leads to better budgeting, more reliable forecasting, and stronger financial stability. For example, if a company aims to expand online sales, FP&A teams analyze marketing costs and expected revenue to determine budget allocations. Create a Budget - Estimate costs for hiring, training, and licenses.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Risk Management 52

The Charity CFO

MARCH 13, 2025

From federal grant compliance to donor transparency expectations, nonprofits must meet a growing list of financial integrity standards. This not only builds trust but also prevents ethical and compliance issues that could put your funding at risk. Misallocating funds can lead to compliance violations and loss of trust from funders.

Nonprofit 52

Nonprofit Auditing Compliance Leadership 52

CFO News

JANUARY 29, 2025

With Budget 2025 just around the corner, CFOs across India are hoping Finance Minister Nirmala Sitharaman will introduce reforms to simplify business operations. Key changes theyre pushing for include overhauling GST processes, implementing a National Single Window System for approvals, and simplifying labor compliance.

Budgeting 49

Budgeting Compliance Finance Investments 49

CFO Talks

MARCH 13, 2025

Now, picture the opposite: instant access to real-time financial insights, automated compliance checks, and AI-driven forecasts guiding your next move. Reducing Errors and Ensuring Compliance Mistakes in financial reporting can be costly. This is the power of Financial Information Systems (FIS).

Financial Reporting 52

Financial Reporting IFRS Compliance Problem Solving 52

CFO News

JANUARY 27, 2025

With Union Budget 2025 on the horizon, will the government finally address the complexities of the GST system? Experts are urging reforms, including a simplified tax structure, enhanced digital tools for compliance, and the operationalization of the GST Appellate Tribunal to boost economic efficiency.

Compliance 49

Compliance Budgeting Economics 49

The Charity CFO

JANUARY 15, 2025

The Budget: A Source of Tension and Opportunity One of the primary sources of tension between finance and development is the budgeting process. Anderson and Morris agreed that the ideal scenario involves a collaborative approach, where key players from all departments contribute to the budget creation.

Nonprofit 52

Nonprofit Finance Budgeting Leadership 52

Lime Light

APRIL 15, 2025

SAPs Native Budgeting ToolsSAPs budgeting tools, like SAP Business Planning and Consolidation (BPC) and Business One, offer enterprise-grade budgeting and planning solutions. They streamline financial planning, improve compliance, and standardize processes.

SAP 52

SAP Budgeting Planning Compliance 52

The Charity CFO

APRIL 1, 2025

This section focuses on: Approval workflows and disbursement controls Monthly reconciliations and reporting cycles Digital document retention Audit readiness and compliance planning These practices are essential to creating a trustworthy, funder-ready organization. TRANSPARENCY & ACCOUNTABILITY Financial visibility isnt just for the CFO.

Nonprofit 98

Nonprofit CFO Leadership Cash Flow Forecasting 98

Navigator SAP

JUNE 28, 2022

There are several ways companies can apply enterprise resource planning (ERP) tools that help streamline procurement, compliance, supply chain efficiency, and financial operations. ERP software links processes, allowing decision makers to plan, budget, forecast, and report on company activities with high accuracy.

Finance 130

Finance Budgeting Compliance Forecasting 130

Future CFO

JANUARY 6, 2025

Updating these conditions would be helpful in providing tax certainty to businesses while ensuring compliance with global standards."

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Restructuring Compliance Budgeting 52

The Charity CFO

DECEMBER 18, 2024

Compliance and Regulatory Requirements One of the most significant impacts of receiving federal funding is the increased scrutiny and compliance requirements. This audit goes beyond typical financial audits and examines programmatic compliance as well. Are you ready to expand?

Nonprofit 52

Nonprofit Auditing Compliance Budgeting 52

The Finance Weekly

FEBRUARY 22, 2025

Workday Adaptive Planning aims to solve this problem by offering a cloud-based Financial Planning & Analysis (FP&A) solution with AI-powered forecasting, budgeting, and workforce planning tools. Budgeting & Forecasting - Automate budgeting processes and generate real-time financial forecasts based on live data.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning General Ledger (GL) Forecasting 52

CFO Talks

APRIL 17, 2025

As the role of the finance leader evolves beyond compliance and control, strategic decision-making increasingly relies on the intelligent use of data. Timely, granular data allows finance leaders to spot emerging risks earlyfrom liquidity pressures and supply chain disruption to reputational issues or compliance red flags.

CFO 52

CFO Compliance Finance Currencies 52

CFO Plans

DECEMBER 9, 2024

Missed tax deductions and compliance penalties are common pitfalls that can seriously harm financial health. Similarly, in real estate finance management , optimizing tax deductions and ensuring compliance can lead to substantial savings. The allure of DIY financial management is strong, promising cost savings.

Numbers 52

Numbers Compliance CFO Leverage 52

E78 Partners

FEBRUARY 10, 2025

With our expertise in technology expense management (TEM) , we empower organizations to control budgets, ensure compliance, and optimize technology investments. These tools can provide insights into usage patterns and automate renewals to avoid overpayment or non-compliance.

Compliance 52

Compliance Budgeting Cost Management Leverage 52

CFO Thought Leader

JANUARY 6, 2025

This is where we can automate shift creation based on sales data, budgets, and staffing needs. Our compliance tools ensure (that) our customers are adhering to everything compliance-relatedbreak policies, overtime regulations, wage rules.

CFO 52

CFO Leadership Compliance Concentration 52

The Finance Weekly

OCTOBER 29, 2024

Financial modeling can also help in performing sensitivity analysis, preparing budgets for capital expenditures, and evaluating the potential value of mergers or acquisitions. The Purpose of Financial Models Financial models serve various functions, such as: Budgeting and Financial Planning - Creating detailed budgets for internal planning.

Financial Modeling 52

Financial Modeling Mergers and Acquisitions (M&A) Budgeting Forecasting 52

E78 Partners

DECEMBER 20, 2024

Enable predictive analytics to anticipate future spending needs and align budgets accordingly. Establish Budgets and Automated Alerts Set precise budgets at the project or departmental level. Use automated alerts to flag potential overspending in real time.

Cost Management 52

Cost Management Budgeting Leverage Auditing 52

CFO News

FEBRUARY 5, 2025

The GST amendments proposed in Budget 2025 presents a mixed bag. While initiatives like the IMS are steps toward a more transparent tax system, retrospective disallowance of ITC and increased compliance obligations could hinder business operations.

Compliance 40

Compliance Budgeting 40

E78 Partners

MARCH 3, 2025

Maintain compliance with ongoing disclosure and transparency requirements. Implement budgeting and forecasting processes that withstand market scrutiny. Internal reporting structures and organizational charts should support these segment classifications to ensure consistency and compliance.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) GAAP Marketing Compliance 52

CFO Talks

MARCH 26, 2025

The professionals you really want the ones who understand both compliance and strategy, who can hold their own in front of auditors, and who arent afraid to challenge the numbers theyre in demand. You dont need a big budget to build a strong employer brand. Especially in finance. They can work anywhere.

Finance 52

Finance Leadership Auditing Compliance 52

The Finance Weekly

NOVEMBER 21, 2024

Upgrading the budgeting process - Budgeting is one of the most time consuming and manual processes in the finance department and fixing the budgeting process is usually one of the top reasons for adopting an FP&A tool. Compliance - In addition, there have been issues with Vena’s SOC reports in the past.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Finance Financial Analysis 52

Cube Software

SEPTEMBER 11, 2023

The role of budget owners Budget owners are the creators and enforcers of fund allocation for their departments. They determine the priority of different expenses, ensure each transaction made fits the budget, and guarantee regulatory compliance.

Budgeting 52

Budgeting Planning Compliance Forecasting 52

Future CFO

DECEMBER 8, 2024

As companies pan into the new year, budget planning for 2025 comes along. A return to the office puts pressure on budgets to go further As employees return to the office in droves, we expect business travel volume to increase. The result is a bolstered mandate for compliance and visibility. The five predictions are: 1.

SAP 52

SAP Budgeting Compliance Auditing 52

CFO News Room

DECEMBER 16, 2022

The CFO role is multi-faceted and includes everything from financial planning and analysis to business budgeting, financial decision-making, and risk management. Chief Compliance Officer. A chief compliance officer ensures financial institutions adhere to all applicable laws and regulations. Budget Analyst.

Finance 130

Finance Budgeting Financial Analyst Compliance 130