Thu.Sep 19, 2024

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Leading Change with Confidence – Strategies for Modern CFOs

CFO Talks

Leading Change with Confidence – Strategies for Modern CFOs Change is inevitable in today’s fast-paced business world. For modern CFOs in South Africa, successfully navigating change requires not just financial acumen but also the ability to lead with clarity and confidence. As companies face new challenges, such as digital transformation, regulatory shifts, or economic instability, executives must adopt effective strategies to stay ahead and guide their teams through transitions smoothly.

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CFOs must prep for AI-driven organizational, strategy shifts: Thomson Reuters

CFO Dive

Finance chiefs are “uniquely positioned” to take point on AI’s adoption ahead of its coming strategic impact, Thomson Reuters’ interim head of data and analytics said.

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Trending Sources

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10-year TIPS reopening auction gets a real yield of 1.592%

Tips Watch

By David Enna, Tipswatch.com Too often, the bond market tricks you. It happened again Thursday in the wake of Wednesday’s “sort-of surprise” action by the Federal Reserve to cut short-term interest rates by 50 basis points.

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FASB tees up GAAP codification cleanup for comment

CFO Dive

The codification, effectively the bible for generally accepted accounting principles, was last updated in 2020.

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If It Ain't Broke, Don’t Fix It: A Dangerous Mindset

Time and time again we tell ourselves and others NOT take action on something that is not "broken." We apply that mindset at home and at work. Sometimes, it doesn’t work out so well. Because when it's truly broken, it's usually an emergency, costs more and causes stress. Join us in this webinar where we share ways where you are able to anticipate your needs, understand benefits that you will get from getting better now instead of later, and relieving your team of tasks that they don't need to be

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Future Proof 2024: Wow!!

Barry Ritholtz

Now THAT’S a financial conference! If you are reading this on the 19th, I may be still asleep. I am writing this on my flight home, scheduled to land at midnight Wednesday; I was alcohol-free all week (ok, one Mexican lager Tuesday afternoon at my RWM-crew pool swim after the Animal Spirits Live !), and while I feel pretty good, its been a long week.

More Trending

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Justice beyond courts: India Inc chooses arbitration over legal proceedings

CFO News

​According to various surveys by legal firms and consultancy firms, broadly, 70-80 percent of businesses prefer the arbitration process for dispute resolutions. CFOs, in-house councils and the management also vote for arbitration for resolution.

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CFOs shy away from risk amid hazy political outlook: Deloitte

CFO Dive

Bolstering the case for CFO caution, the Conference Board’s Leading Economic Index declined in August for the sixth consecutive month.

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Marty Zweig Trading Rules

Barry Ritholtz

Marty’s Zweig’s Trading rules 1) The trend is your friend; don’t fight the tape hard return; 2) Let profits run take losses quickly; 3) If you buy for a reason and that reason if discounted or is no longer valid then sell 4) if the values don’t make sense then don’t participate (2 + 2 = 4) 5) The cheap get cheaper the deer get deer; 6) Don’t fight the Fed (less valid than #1); 7) Every indicator eventually bites the dust; 8) Adapt to change; 9) Don’t let your

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AIG hires Marsh veteran as CFO

CFO Dive

The appointment comes after a predecessor, Shane Fitzsimons, stepped down for medical leave in 2023 and later passed away.

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Business Travel Expense Strategies for Everybody

Global business travel is surging, with companies spending as much as or more than they did before the pandemic. This trend is expected to continue, with more growth on the horizon. The types of travelers are also changing, with millennials and Gen Zers taking on the majority of the load. Business travel is evolving, and younger generations expect less hassle, even though there are more ways to book and pay for travel than ever before.

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Kitces & Carl Ep 147: Preparing An Advisory Firm For The Risk Of A Market (And Revenue) Decline

Nerd's Eye View

Given the general trend of advisory firms charging on some percentage of assets under management, market growth can also be a strong indicator of advisory firm growth. For firms with revenue tied to portfolio performance, the additional income that can accompany a healthy market outlook allows firms to dedicate more resources to marketing and other processes to help grow the firm.

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The Federal Reserve’s Rate Cut: Why Stability and Certainty Matters More Than Ever

E78 Partners

The Federal Reserve announced a 0.50% interest rate cut with the goal of strengthening economic activity in the current climate of uncertainty. This move, intended to make borrowing more affordable and encourage spending, has sent ripples through the financial markets. While this decision may temporarily ease some financial pressures for businesses, it’s important to recognize that such cuts are only part of the economic puzzle.

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ED grills ex-CFO of Religare Enterprises in money laundering probe

CFO News

The ED had last week lodged an enforcement complaint information report to investigate an alleged money-laundering offence. The ED's case is based on an FIR registered with the Mumbai Police, where the central agency is the complainant.

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A Modern Nonprofit Podcast: How Collaborative Funding Drives a Mission Forward

The Charity CFO

With a focus on the concept of collaborative funding, Tosha is joined today by the Executive Director of Young Futures , Katya Hancock. Young Futures is a 501c(3) organization with a mission to make it easier to grow up in the digital world. The organization focuses on young persons aged 10 -19, where they believe young people should still feel hopeful and optimistic about their futures.

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4 Things Great Companies Do to Improve Cash Flow

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

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Food processing ministry to take up food industry's concern on GST with GST Council: Chirag Paswan

CFO News

The Centre held a consultation with over 100 senior executives of food companies to address issues related to ease of doing business, imports, GST rates, and misconceptions about processed foods. The meeting aimed to promote investment and enhance the food processing sector as part of World Food India 2024.

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EY employee death: Govt investigates allegations of unsafe, exploitative work environment at audit firm

CFO News

EY employee death: The Labour Ministry has launched an investigation into allegations of an unsafe work environment at Ernst & Young following the death of a 26-year-old Chartered Accountant. EY expressed sadness over Anna Sebastian's passing and pledged to improve workplace conditions. Her family cited excessive workload as a contributing factor.

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RBI lifts ban on IIFL

CFO News

The Reserve Bank of India has lifted restrictions on IIFL Finance's gold loan business, allowing the company to resume operations. The ban was initially imposed due to supervisory concerns, including deviations in gold purity assessment and breaches in loan-to-value ratio. The lifting of the ban is expected to help recover the company's gold loan book and improve profitability.

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You cannot have a system which gets hacked: FM Nirmala Sitharaman to banking sector

CFO News

Finance Minister Nirmala Sitharaman emphasized the crucial role of the banking sector in achieving India's goal of becoming a developed nation by 2047. Speaking at the Bank of Maharashtra's 90th Foundation Day, she highlighted the need for strong support to infrastructure, MSMEs, and digital banking while ensuring robust cybersecurity measures.

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The Financial Leaders Playbook: How To Deliver Insight, Oversight, And Foresight

Speaker: Chandra McCormack, CPA, MBA, NACD.DC

Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization. 🤔 ✨ This session will take you beyond the routine reporting and into the realm of strategic financial leadership. We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth.

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There's a trap on India's road to high-income economy status

CFO News

The Modi govt aims to make India a developed country by 2047, addressing the middle-income trap as a key challenge. Niti Aayog emphasizes the need for a cohesive strategy involving investment, technology adoption, and innovation. Policymakers focus on free trade, global value chains, and infrastructure to boost economic growth.

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Adani Group set to acquire 46.64% stake in ITD Cementation India for Rs 5,888.57 crore

CFO News

The Adani Group is set to acquire a 46.64% stake in ITD Cementation India for Rs 5,888.57 crore to enhance its civil engineering capabilities. This acquisition will trigger an open offer for an additional 26% stake. A formal announcement is expected soon.

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RBI may do what Fed has done with rates. But you need to wait

CFO News

Fed rate cut: The Reserve Bank of India may consider a rate cut by February 2025, following the US Federal Reserve's recent 50 basis points rate cut. Despite expected inflation spikes, India's CPI inflation is projected to remain within the RBI's target range. Favorable monsoon activity has positively impacted Kharif sowing, surpassing the five-year average.

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Fed rate cut positive, but may not have big impact on capital inflows: Top FinMin officials

CFO News

Economic affairs secretary Ajay Seth sought to delink the Fed rate cut from any potential action by the Reserve Bank of India (RBI). The Fed has done what it feels to be the best for the US economy and the RBI will be guided more by the domestic reality, Seth said. Separately, chief economic adviser V Anantha Nageswaran said at an event that much of the Fed action was factored in by investors and its impact on India could be more muted than on other emerging economies, as the domestic market has

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How to Select the Perfect Payments Partner: 7 Keys for Sustainable Growth

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

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A&M India names Bharat Garg, Sameer Amte as Managing Directors

CFO News

Bharat Garg to lead Consumer and Retail Growth, Sameer Amte to strengthen Industrial Sector at A&M India.

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