Tue.Jan 09, 2024

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2024 tech events for CFOs

CFO Dive

CFO Dive has compiled a list of events for finance leaders surrounding tech issues such as digital transformation, AI and cybersecurity.

CFO 278
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75 per cent of businesses avoid publishing tax transparency reports, yet urge ESG tax incentives: PwC India

CFO News

PwC India's survey reveals a notable gap in tax transparency practices among businesses, despite growing awareness. With 93 per cent of corporate respondents valuing tax incentives for ESG, the report emphasizes the critical need for integration.

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Trending Sources

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Seeking ‘Goldilocks’: 5 CFO trends for 2024

CFO Dive

Financial executives in the new year must protect profits by adapting to trends ranging from falling price pressures and borrowing costs to federal disclosures on carbon emissions.

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NBFCs to sustain earnings even as regulatory headwinds loom

CFO News

Analysts said NBFCs across asset classes from microfinance to housing to vehicle finance are expected to record healthy growth in the third quarter that ended December 2023. However, there will be a differentiation of the impact on margins for these companies due to the rise in the cost of funds.

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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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CFOs look to tech, M&A to foster growth: Deloitte

CFO Dive

Finance chiefs are eying digital technologies and new potential deals as they marshal their plans for the new year, Deloitte said.

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More Trending

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Walgreens on track to save $1B this year with new executive team

CFO Dive

Cost reductions, along with challenging market conditions, are critical roadblocks to address, executives said.

Marketing 273
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White collar hiring dips 16 pc in December amid cautious recruitment in IT, other sectors: Report

CFO News

White collar hiring in India declined by 16% in December compared to the previous year. Due to cautious hiring sentiments in IT, BPO, education, retail, and healthcare sectors, the Naukri JobSpeak Index showed a year-on-year decline of 17%, 11%, 11%, and 10% in job offers in December respectively.

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964: Leveraging AI to Achieve Durable Growth | Luigi Testa, CFO, LinkSquares

CFO Thought Leader

Four years ago, when Luigi Testa first joined LinkSquares as CFO, the Boston-area tech firm employed roughly 40 people. Today, with nearly 400 employees, the company is concerned less with growth and more about achieving a balance between growth and efficiency. To achieve this, LinkSquares management has made automation and AI adoption a priority. Read More According to Testa, the goal was to first identify repetitive and manual tasks that could be automated to reduce the need for hiring additio

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Thriving amid the complexities of geopolitics

Future CFO

One defining feature of the geopolitical environment in 2024 will be multipolarity, according to Ernst & Young. As a greater number of powerful actors will shape an increasingly complex market, finance leaders must be wary of the changes ahead to be able to strategise. China will be among those countries that will continue to shape the global operating environment in profound ways and geopolitical swing states such as India will gain more sway over the international agenda.

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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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Vibrant Gujarat summit: Gautam Adani to invest USD 24 billion in Gujarat in five years

CFO News

The Adani Group's chairman, Gautam Adani, stated on Wednesday at the Vibrant Gujarat summit that the company plans to invest Rs 2 lakh crore ($24 billion) in the green and renewable energy sectors in the state of Gujarat over the course of the next five years. The Vibrant Gujarat summit kicked off on Wednesday.

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Asia Pacific economic outlook remains bright

Future CFO

The Asia Pacific economic outlook is expected to remain bright in 2024 after a rapid expansion in 2023, said Rajiv Biswas, Asia Pacific Chief Economist at S&P Global Market Intelligence recently. The region is expected to be the fastest growing region of the world economy in 2024, underpinned by resilient domestic demand in East Asia and India, the economist noted.

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Vibrant Gujarat Summit: Reliance chairman Mukesh Ambani unveils five commitments to make Gujarat a global leader

CFO News

Vibrant Gujarat Summit: Reliance chairman Mukesh Ambani has revealed the company's five major commitments to drive Gujarat towards global leadership at the Vibrant Gujarat Summit. These commitments focus on transforming the state into a leader in green growth, utilizing the potential of 5G and AI technologies, creating more job opportunities, and promoting inclusive growth.

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How to Include Overhead in a Grant Request

CFO Selections

Just the other day we were working with a client who came to us and said, “We need help with an important grant request. How do we know which expenses to include in our overhead costs? And how should we word those expenses appropriately in our proposal?” We were able to help and now we want to share the wisdom that we offered him to help you the next time you write a grant proposal.

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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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Vibrant Gujarat Summit: Tata to conclude semiconductor fab in Gujarat, N Chandrasekaran unveils mega investment plans

CFO News

Tata Sons Chairman N. Chandrasekaran has announced that the company is close to completing a deal for a semiconductor fabrication unit in Gujarat's Dholera. The commissioning of the unit is expected to begin in 2024. "We are in the final stages of negotiations and plan to start work by 2024," said Chandrasekaran during a summit. He emphasized Tata's dedication to enhancing the technological infrastructure in the region.

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The Top 5 Challenges CFOs Will Face in 2024

Beacon CFO Plus

From Market Uncertainty to the Risks of Generative AI Whenever we assess the challenges of any upcoming year, there are familiar faces on the list: Economic volatility. Regulatory changes. Talent management. Supply chain disruption. Digital transformation. All remain challenges for finance professionals in 2024. Let’s take a closer look at several. Challenge: Market Uncertainty The current economic market requires CFOs to take a more neutral approach.

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Big 4 firms expanding talent pool, promote young partners amid rapid growth and shifting dynamics

CFO News

Top-tier consulting firms EY, Deloitte, PwC, and KPMG are rejuvenating leadership by promoting younger partners to navigate rapid growth, increased regulatory scrutiny, and technological shifts. The average age of new partners has decreased to 33-35, boosting diversity and talent pool expansion.

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The Mentoring Round | Jamey Mock, CFO, Moderna

CFO Thought Leader

Inside The Mentoring Round, Moderna CFO Jamey Mock stresses the importance of focusing on value creation as a CFO. He advises new CFOs to prioritize the enterprise’s value creation rather than getting bogged down in the details of various functions within the finance department. CFO Mock discusses his transition from a 20 year career with GE to being appointed CFO of PerkinElmer and then Moderna.

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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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Bandhan Bank issues clarification on audit, says loan claims under audit by govt agency

CFO News

Bandhan Bank has clarified that the National Credit Guarantee Trustee Company is conducting an audit of its loan claims under a guarantee scheme. The bank clarified that the regulator has not initiated an audit of the bank, but only the CGFMU claim pertaining to the portfolio. The bank applied for a second tranche of around Rs 1,290 crore after receiving the first tranche of recovery from the Credit Guarantee Fund of Micro Units (CGFMU).

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Transcript: Matt Levine

Barry Ritholtz

 The transcript from this week’s, MiB: Matt Levine on Money & Stuff , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ 00:00:00 This is Masters in business with Barry Ritholtz on Bloomberg Radio. 00:00:06 [ Barry Ritholtz ] This week on the podcast, I have an extra special guest.

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Robust investment and services to drive growth in coming fiscal, India to grow 6.4% in FY25: World Bank

CFO News

“Investment is envisaged to decelerate marginally but remain robust, supported by higher public investment and improved corporate balance sheets, including in the banking sector,” the international institution said in its latest Global Economic Prospects report.

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New Year, New Roles!

Castle Corporate Finance

New Year’s Eve may be a distant memory now, but the Champagne corks are still popping here at Castle as three of the team celebrate promotions: Alex Nursey is promoted to Senior Manager; Tom Gillen moves to Manager, and Jodie Stepney steps up the ladder to Transaction Support Executive. Stuart Stepney, Managing Director, said: “On the back of an incredibly demanding but rewarding 2023, it is with great pleasure that we announce multiple promotions within the team and duly recognise the contribut

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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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Delta Corp says Rs 23,200 crore-GST demand arbitrary

CFO News

Online gaming firm Delta Corp on Tuesday said the GST demand worth over Rs 23,200 crore is arbitrary and contrary to provisions of law and hence it has not made any provisions towards the same.

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Strategic budgeting and forecasting: Five questions to consider

Centage

While spreadsheets have long reigned supreme as the foundation of budgeting and forecasting for many organizations, the shortcomings of this legacy tool, and the silos it creates, have become impossible to ignore. Relying on overloaded spreadsheets to guide complex business models automatically puts your organization at a disadvantage, sacrificing time and accuracy while stunting strategic decision-making.

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Zee Ent dismisses reports of Zee-Sony merger termination

CFO News

Zee Entertainment has dismissed media reports claiming the termination of its $10 billion merger with Sony Pictures' India arm, stating the report is baseless and factually incorrect. The company said it remains committed to the merger and is working towards its successful closure. Shares of the company recovered following the clarification.

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Indian pharma market grows over 9 per cent in December

CFO News

Among the top therapies, cardiac, anti-infectives and neuro/central nervous system have shown a relatively stronger volume growth last month, according to data from research firm PharmaTrac. Antibiotic drug Augmentin and anti-diabetes Glycomet GP continued to be the top-selling medicine brands.

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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.