Wed.Nov 20, 2024

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When Does a Business Need a CFO?

CFO Selections

There is no one better positioned to create sustainable financial success inside a business than the CFO. A CFO takes their financial expertise and channels it into a strategic leadership role to create financial success for the company and its stakeholders. As such, their responsibilities include: budgeting and forecasting, managing mergers or acquisitions, and handling compliance issues.

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Walmart CFO keeps eye on prices, tariffs

CFO Dive

Walmart is looking to continue to attract high-income consumers with the right price mix, even as CFO John Rainey anticipates price hikes in the face of potential tariffs.

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Trending Sources

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Cross-Listed Companies, Navigating International Reporting Standards 

CFO Talks

Cross-Listed Companies, Navigating International Reporting Standards You are running a business that’s performing well in South Africa. The next logical step might be to take your company to international markets by listing on a foreign stock exchange. Cross-listing opens doors to new opportunities—global investors, more capital, and enhanced brand recognition.

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Why AI alone won’t solve biased underwriting

CFO Dive

Combining AI advances with thoughtful, human-powered selection of risk data that benefit the members of underserved communities is the winning strategy for fairer underwriting, Jin Han writes.

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Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

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India's auto parts industry poised to cross $80 bn revenue in 2024-25

CFO News

The revenue of India's automotive components industry is expected to cross $80.1 billion in FY2025 while exports have already touched $21.2 billion, according to B2B risk management consultancy Rubix Data Sciences.

More Trending

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Seeking Best Execution: Understanding The SEC’s Expectations For Advisors To Deliver Best Outcomes For Clients

Nerd's Eye View

Investment advisers are fiduciaries that owe a duty of care and loyalty to their clients. One component of this duty of care is an obligation to seek best execution of client securities transactions. While this requirement might sound relatively straightforward, the lack of a single definition for what this duty actually requires can make it challenging for advisers seeking to understand precisely what it means to comply with this responsibility.

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Wockhardt chairman seeks GST exemption for antibiotics discovered in India

CFO News

Wockhardt founder sought GST exemption for antibiotics discovered in India. He said this will make the drugs more affordable. The statement was made at an event to celebrate the scientific completion of the first indigenously developed antibiotic Nafithromycin. Nafithromycin is the first macrolide antibiotic in 30 years for community-acquired bacterial pneumonia.

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Members’ Spotlight: Charles Westermeyer

CFO Talks

Members’ Spotlight: Charles Westermeyer In this edition of CFO Club Africa’s Members Spotlight, we are introducing Charles Westermeyer , a seasoned financial professional and the current Director of Bluline Accounting Tax Assurance (Pty) Ltd , where he has been making a significant impact since 2016. With his credentials as a Business Accountant in Practice BAP (SA) and a Licensed Independent Reviewer with CIBA , Charles is known for blending technical expertise with strategic foresight.

CFO 52
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Biometric authentication to begin at 46 GST service centres to check registration fraud

CFO News

Experts said unscrupulous taxpayers exploit the online system to generate GST registrations and engage in fraudulent transactions, but biometric-based Aadhaar authentication is perceived as maintaining vigilance on such spurious registrations. In MP, of the total five GST service centres will be operated by the CGST at Indore, Ujjain, Bhopal, Jabalpur, and Gwalior, whilst other centres will be managed by SGST.

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Navigating Bleisure Travel: A Guide for Mid-Sized Companies

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.

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Confessions from Nonprofit Leaders: Struggles, Setbacks, and Survival Stories

The Charity CFO

Welcome to the 100th episode of A Modern Nonprofit Podcast! Today, we’re doing something special: we’ll be diving into the confessions and candid struggles of nonprofit leaders, exploring some of the most difficult, eye-opening, and surprising challenges they face. In this special 100th episode of A Modern Nonprofit Podcast, host Tosha Anderson is joined by Aaron Landis to discuss common challenges faced by nonprofit leaders.

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The future CFO will have to play transformational role; faces challenge of managing activist investors, says Shiv Shivakumar

CFO News

At ETCFO NextGen Summit, the former India head of Nokia and PepsiCo said that 2025 priorities for CFOs are leading transformation efforts, improving finance function strategy, finance metrics, lead change and optimising costs.

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How ‘Flat’ Is The World? DHL Global Tracker Offers Answers  

Global Finance

A new interactive tracker provides more timely, and surprising, answers about trade ‘connectedness’ around the world. Is globalization reversing? Will US tariffs derail global trade? Is the world splintering into geopolitical trade blocs? Answers to these questions will now come faster—if not in real time, then at least quarterly—due to the new DHL Global Connectedness Tracker.

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Why MSMEs should prioritise cybersecurity, financial stability, employee management

CFO News

There is an urgent need for the MSMEs to invest and train their employees in these areas to survive a major disruption.

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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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Trump win, interest rate cuts could spur M&A spike next year: EY

CFO Dive

Dealmakers are “energized” by the prospect of less regulation in the coming Trump administration as well as continued interest rate cuts, said EY’s Mitch Berlin.

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Majority healthcare job postings seek women professionals: Report

CFO News

India's healthcare sector is witnessing a surge in demand for women professionals. Government spending and private sector expansion are driving this growth. Apna.co, a job platform, reports 60% of healthcare jobs target women. Demand is high for roles like nurses, pharmacists, and technicians. This trend is observed in both major cities and smaller towns.

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Preparing for Tariffs: 4 Proactive Strategies for Small Businesses 

CFO Share

As the Trump Administration’s tariff plans approach reality, you may worry about their impact on your small business. Planning ahead can mitigate tariff risks, maintain profitability, help you sleep better at night, and position your business for long-term success in a changing economic environment. Below, we discuss four key strategies to help small businesses navigate this transition effectively.

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NextGen CFOs must embrace tech, drive strategy, and lead change, Say finance leaders

CFO News

At the ETCFO NextGen summit, finance honchos said CFOs need to be agile, collaborative, and technologically adept, positioning themselves as strategic partners in navigating the future of business.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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Microsoft Fabric October Update: Smarter Copilot Power BI Reports and GitHub Real-Time Dashboards

Collectiv

Welcome back to a brand new episode of Fabric Threads, where we’re diving into the latest updates to Microsoft Fabric and how they can help you overcome some of the most pressing everyday business challenges. I follow a lot of the Fabric development team on LinkedIn, so I’ve been seeing some of the buzz about new features throughout the last month. I couldn’t wait to share some of the great features they’ve been posting about this month.

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Indian exports not adversely impacted by rupee exchange rate policy, cenbank says

CFO News

Reserve Bank Of India: INDIA-CENBANK/RUPEE (PIX)Indian exports not adversely impacted by rupee exchange rate policy, cenbank says

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Nvidia's AI chip demand still booming but slowing sales growth worries investors

CFO News

Still a stunning rate of growth thanks to huge demand for the company's chips that make up the brains of complex generative AI systems, it marks a clear slowdown from previous quarters when Nvidia mostly posted sales that at least doubled.

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Growth Projections: How ICRA, Morgan Stanley, and Moody’s see the road ahead?

CFO News

ICRA projects a dip to 6.5% in Q2 FY25 due to weak margins and heavy rains but expects 7% growth for the year. Morgan Stanley recently revised its FY25 forecast to 6.7%, citing slow Q2 data. Moody’s pegs CY2024 growth at 7.2%.

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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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Gautam Adani indicted in US over role in alleged bribery, fraud

CFO News

Primarily, the charges are: "Conspiracy to commit securities and wire fraud, as well as substantive securities fraud, for their roles in a multi-billion-dollar scheme to obtain funds from US investors and global financial institutions through false and misleading statements"

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NCLT grants approval to Mahindra Homes’ share capital reduction plan

CFO News

Mahindra Homes, a joint venture between Mahindra Lifespace Developers and Actis, has received approval from the National Company Law Tribunal (NCLT) for its capital reduction proposal. The move, which involves canceling certain equity shares, will optimize capital allocation without impacting ongoing projects or homebuyer interests.

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Emaar India to invest Rs 1,000 cr on new housing project in Gurugram; eyes Rs 2,500 cr revenue

CFO News

He said the company will develop 522 apartments in this 6.2-acre project, with a development potential of 15 lakh square feet.

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IBBI proposes amendments to liquidation regulations

CFO News

The Insolvency Bankruptcy Board of India has released a discussion paper proposing changes to the liquidation process regulations. The proposed amendments aim to enhance transparency, streamline the auction framework, and clarify procedures for closing liquidation processes. The board is seeking public comment on the proposed changes until December 9, 2024.

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

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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.