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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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hard return; 2) Let profits run take losses quickly; 3) If you buy for a reason and that reason if discounted or is no longer valid then sell 4) if the values don’t make sense then don’t participate (2 + 2 = 4) 5) The cheap get cheaper the deer get deer; 6) Don’t fight the Fed (less valid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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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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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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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.

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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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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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Target names PepsiCo executive Jim Lee CFO

CFO Dive

He replaces Michael Fiddelke, who had served jointly as COO and CFO since February. Fiddelke will stay on as operations chief.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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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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Gross profit: Definition and gross profit equation

Cube Software

What is gross profit? Gross profit represents the amount a company retains after deducting the cost of goods sold (COGS) from its total revenue. It measures a company's financial health by showing how efficiently it sells goods or services.

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Key trends in asset management

Future CFO

Aoife Harrison (Partner and Global FSTP Co-Leader) and Caroline Goemaere (Partner, Transfer Pricing) discuss key trends in the asset management industry and what is top of mind for clients. First published on Youtube. The post Key trends in asset management appeared first on FutureCFO.

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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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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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The importance of ethics in the accounting profession

Future CFO

As finance professionals navigate the ever-changing world of business, it is a given that they must deeply understand the importance of ethics in their profession. In an interview with Susan Muldowney from INTHEBLACK, Belinda Zohrab-McConnell , CPA Australia's regulation and standards lead, talks on understanding potential ethical issues. For Zohrab-McConnell, ethics are always important, but there should be a focus on it ebbs and flows depending on events, as recent tax leaks obviously brought

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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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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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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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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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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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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O'Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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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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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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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.