Sun.Apr 28, 2024

article thumbnail

1958 BMW 507 Series II Roadster

Barry Ritholtz

In the northeast, Spring has fully sprung. Temps are expected to kiss 80 today, and after a mild winter, we have been enjoying abundant sunshine. The daffodils and tulips are up, the magnolias are blooming, and the pear and cherry trees are explosions of colors! All of that blue sky beckons us to hop in a roadster to enjoy the open road. My first high HP car was a BMW convertible, but the open-top car that set the standard was the 507.

Sales 111
article thumbnail

Real yields are rising, but haven’t yet hit highs of 2023

Tips Watch

By David Enna, Tipswatch.com I’ve been watching with fascination as market real yields of Treasury Inflation-Protected Securities have been steadily rising in recent weeks.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Indian startups raised VC funding worth $2.3 billion in Q1 2024, reveals GlobalData

CFO News

Startup Funding: A total of 294 VC deals were announced in India during Q1 2023, while the disclosed funding value of these deals stood at $2.4 billion.

article thumbnail

995: Embracing Change to Energize Your Career | Dan Murphy, CFO, Commercetools

CFO Thought Leader

The way that Dan Murphy sees it, the CFO position demands that leaders always be kept on high alert. This is a mindset that has led him to habitually monitor updates and alerts related to key vendors, including banking institutions. And so it was, in first quarter of 2023, that he spotted a vague tweet hinting at possible financial instability at Silicon Valley Bank.

CFO 52
article thumbnail

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.

article thumbnail

Value creation and sustainability roles set to grow, study finds

Future CFO

Value creation and sustainability roles are set to grow even more to offset non-business partnering finance roles lost to automation, a study by AICPA & CIMA found. The Re-defining finance for a sustainable world white paper, which is the latest iteration of AICPA & CIMA's Future of Finance research programme, explores the future of the accounting and finance profession in the age of disruption and its broader ecosystem, defining essential skills, competencies, and knowledge needed to su

Finance 52

More Trending

article thumbnail

Understanding the benefits of AI in accounting

Future CFO

One of the five agendas that the Association of Chartered Certified Accountants (ACCA) identified for finance professionals to create a a better, fairer, and more sustainable world is the importance of understanding the benefits of artificial intelligence in the accountancy profession. The global professional accounting body says that while AI presents some significant societal and environmental threats, it is also potentially a huge force for good.

article thumbnail

Go First revival chance fades as lenders, bidders spar on valuation

CFO News

A Delhi High Court order on Friday allowing lessors to repossess their aircraft has further dented hopes of reviving Go First, they said. Ajay Singh, promoter of SpiceJet, and an entity owned by Nishant Pitti-owner of online travel portal EaseMyTrip had jointly bid for the airline. The second bid is from Sharjah-based Sky One.

article thumbnail

Quickbooks Integrations for Better Connectivity and Reporting

The Finance Weekly

Right now, around 26.56 million businesses in the US use QuickBooks Desktop, while 5.3 million opt for QuickBooks Online (QBO). QuickBooks Online, the cloud-based version, really shines for many reasons and is popular with small business owners. It's way easier to use than the desktop one. What really sets it apart for a lot of companies is the ton of integrations available.

article thumbnail

ICAI lens on big four affiliates over their association with global entities

CFO News

The EY affiliate firm, SRBC & Co LLP spokesperson told ET that they will explore all issues raised in the order and explore options under the law including the appeal process. However, the problem is that the appellate tribunal, which is supposed to hear appeals, has not yet been set up by the institute. "The order focused only on procedural matters, not audit quality, and will not affect the future of the audit firms in any way" said a leading lawyer who works closely with Big Four

article thumbnail

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!

article thumbnail

10 Sunday Reads

Barry Ritholtz

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • The Man Who Killed Google Search : When Raghavan joined the company, Yahoo held a 30.4% market share — not far from Google’s 36.9%, and miles ahead of the 15.7% of MSN Search. By May 2012, Yahoo was down to just 13.4% and had shrunk for the previous nine consecutive months, and was being beaten even by the newly-released Bing.

article thumbnail

Tata Sons Chairman N Chandrasekaran's top three focus areas for 2024: Growth, growth & growth

CFO News

This was the theme that brought together around 500 Tata group leaders at the JW Marriott Marquis in Dubai over the weekend for their annual offsite meeting, said top executives at the $270 billion conglomerate. Trent chairman Noel Tata and his three children - Neville, Leah and Maya - attended the meet.

40
article thumbnail

Only AU Small Finance Bank eligible to apply for universal bank license now

CFO News

AU Small Finance Bank, the largest lender of the pack, has met all the eligibility criteria set by the regulator. AU has Rs 12,560 crore of net worth, made profits for the last two fiscals, and its gross and net non-performing assets were less than 3% and 1% respectively during the period as prescribed by RBI. It also has a well-diversified loan book as desired by the regulator.

Banking 40
article thumbnail

Banks fail to meet RBI mandate on CRR multiple times

CFO News

"The RBI had given the dispensation on CRR maintenance in 2022 to at least one private bank which was facing some issues, but that dispensation does not exist anymore. Another factor is that there are issues with how the CRR maintenance data is reported. That is contributing to the shortfall and the RBI will rectify that issue," said one of the persons, who did not wish to be identified.

Banking 40
article thumbnail

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

article thumbnail

Govt may review tax sops offered to IFSC

CFO News

The government may need to reconsider the tax incentives offered to units in the International Financial Services Centre (IFSC) in Gujarat due to the impact of Pillar Two of the Base Erosion Profit Sharing framework, according to a Deloitte report. Pillar Two aims to ensure that large multinational companies pay a minimum effective rate of tax of 15% on profits in all countries.

40
article thumbnail

AdaniConneX set to raise $1.44 billion from 8 global banks

CFO News

"The financing has an initial commitment of $875 million, with an accordion feature to extend commitment up to $1.44 billion. Definitive agreements have been executed with eight international lenders - ING Bank N.V., Intesa Sanpaolo, KfW IPEX, MUFG Bank, Natixis, Standard Chartered Bank, Societe Generale and Sumitomo Mitsui Banking Corporation," AdaniConnex said in a statement.

Banking 40
article thumbnail

Senior Mahindra executive Gurpratap Boparai quits

CFO News

Following his resignation, Vinod Sahay who is president, aerospace and defence and chief purchase officer (CPO)- auto and farm Sectors (AFS), will now have additional responsibility for the truck and bus and construction equipment business. Sahay will be designated as president and Chief Purchase Officer (CPO) for AFS and President for Aerospace and Defence, MTBD and CE after May 31, 2024.

article thumbnail

CII brings out new corporate governance charter for startups

CFO News

CII launched a corporate governance charter for startups, including a self-evaluative scorecard. The tool allows startups to measure their governance progress, with score changes indicating improvements in governance practices as assessed against the scorecard from time to time.

article thumbnail

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.

article thumbnail

Big six corner most of auditing business in Nifty-500 universe

CFO News

According to the report, of all the companies with equity shares listed on the NSE main board, the Big 6 Indian audit firms secured 637 assignments out of 1,961. This accounted for approximately 32.48% of the total, up slightly from 32.14% the previous fiscal year. Auditor details were missing for 47 organisations. A key standout has been the strong performance of Grant Thornton and MSKA affiliates who have established themselves as strong alternatives to the Big Four firms in audit business.