Mon.Jul 08, 2024

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How Deel is building truly global payroll

CFO Dive

In today’s global economy, the shift to work-from-anywhere has opened up the possibility of hiring the best people in the world to power your company.

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The Return Of IAR Ethics CE Day And The State Of The (Nerd’s Eye View) Blog

Nerd's Eye View

After several turbulent years in both markets and workforces, 2024 appears to be the 'most normal' year of late, with strong market performance, cooling (or at least no longer rising!?) interest rates, and relatively little new tax legislation (yet). Yet the need for advisor education – and the regulatory requirements to get it (in the form of Continuing Education obligations) – never ends, with the latest focus for most financial advisors being on the ongoing expansion of NASAA's 20

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Trending Sources

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Crypto theft doubles to $1.38B

CFO Dive

The May theft of over $300 million worth of bitcoin from Japanese cryptocurrency exchange DMM Bitcoin is the largest digital currency heist so far this year.

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Revenue forecasting: Align business objectives, create a solid budget foundation, and make better decisions

Jedox Finance

Revenue forecasting plays a crucial role in business planning. It provides organizations with insights into their future financial performance and helps them set realistic goals. Through an analysis of historical performance data, market trends, and other important factors, organizations can also identify potential risks and optimize sales strategies.

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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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Serta brings in ElectroLux alum as finance chief after latest CEO swap

CFO Dive

GE alum Cesar Perez will take the mattress manufacturer’s financial reins only a few days after its newly-appointed CEO, Jim Loree, stepped into his role as of July 1.

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How CFOs can survive a takeover

CFO Dive

CFOs need to make sure they have a road map for handing the company over to the buyer, West Monroe’s Connor Augustyn said.

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Safeguarding Your Software Supply Chain: Lessons from the CDK Global Cyberattack

E78 Partners

The recent CDK Global Cyberattack sheds light on the importance of protecting your software supply chain. As a leading provider of software-as-a-service (SaaS) solutions for car dealerships, CDK Global’s operations were heavily affected, impacting numerous clients. By looking at the details of the CDK cyberattack and understanding, what a software supply chain attack entails, we can identify best practices for ensuring your organization’s security.

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4 tips for combating CFO deepfakes

CFO Dive

CFOs need to be cautious posting personal material on social accounts, as such information can be used to build deepfakes.

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Welcoming our 2024 WMNfintech Cohort!

Bank of the West

BMO is proud to welcome the 2024 WMNfintech cohort, our new class of women-founded, women-led fintech startups that are transforming the financial sector. Participating WMNfintech startups have raised more than… Read more The post Welcoming our 2024 WMNfintech Cohort! appeared first on About BMO.

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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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Future-proof finance talent through upskilling and digital transformation

CFO Dive

Why finance leaders must modernize within their own departments to bridge the growing talent gap.

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1,014: Passion and Purpose: Building a Vibrant Finance Culture | Karen Williams, CFO, American Express Global Business Travel

CFO Thought Leader

Karen Williams’s journey to becoming a successful CFO began with a crucial lesson learned early in her career at the UK headquarters of candy giant Mars. As a young professional, she tells us, she had failed to grasp the importance of relationship-building and expressing her passion for the business. At times, this void had kept her sidelined and stymied her professional growth, a conclusion that she would reach only much later, when she personally witnessed the power of networking and per

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Manufacturing for Tomorrow: Integrating Environmental Sustainability into Supply Chain Finance

CFO News

Deepak Rastogi, CFO at Deepak Fertilisers and Petrochemicals LTD, explores the pivotal role of sustainable finance in driving eco-friendly practices within the manufacturing sector.

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Protected: Career Guide: Becoming a Fractional CFO

Beacon CFO Plus

This content is password protected. To view it please enter your password below: Password: The post Protected: Career Guide: Becoming a Fractional CFO appeared first on BeaconCFO Plus.

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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.

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Budget FY25 should focus on tax relief to boost consumption: India Inc

CFO News

Rating agency ICRA said the government is likely to set a fiscal deficit target at 4.9-5 per cent for FY25, as against 5.1 per cent estimated in the Interim Budget on February 1, without compromising the capital expenditure target of Rs 11.1 lakh crore.

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Compliances cut, MCA gets tough on flouting companies law

CFO News

Arms of the Ministry of Corporate Affairs (MCA) have intensified enforcement actions in recent quarters to ensure stricter adherence to rules, even as the government has lessened the compliance burden on India Inc. In the June quarter, various Registrars of Companies (RoCs) issued a total of 321 orders against firms for alleged lapses under the Companies Act.

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India generates 46.7 million jobs in 2023-24 fiscal: RBI data

CFO News

The employment growth rate for the fastest growing major economy stood at 6% in FY24 against 3.2% in the preceding fiscal, the central bank said Monday in a report on measuring productivity on industry level.

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Budget 2024: Travel agents body demands industry status, GST rate rationalization for tourism sector

CFO News

Union Budget 2024: On Monday, the Travel Agents Association of India (TAAI) called for several measures to support the domestic travel and tourism sector. These include streamlined visa requirements, promoting visa-free entry for tourists, rationalising GST rates and GST credit, and granting industry status to all stakeholders. The sector contributes 5.8 percent to India's GDP and has an ambitious target of reaching USD 1 trillion by 2047.

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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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Budget 2024 staffing industry's wish list: Tax breaks, skill development, and PF reforms

CFO News

The staffing and HR industry anticipates tax breaks and investment in skill development in the FY25 budget. They propose lowering the GST on employment services from 18% to 5% and easing EPF contribution rules for staffing companies. Emphasizing skilling in sectors like semiconductors and EVs could address talent shortages and unemployment.

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Price cuts fail to speed up FMCG sales as urban India takes it slow

CFO News

FMCG sales growth has slowed down in both urban and rural areas despite price cuts. Factors such as heat waves, election-related restrictions, and reduced cash-buying have impacted demand. Analysts foresee a potential rural-led recovery in the second half of FY25, with expectations of muted value growth and potential volume growth for staple companies.

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At private dinner, Modi & Putin discuss Eurasian geopolitics, Indian investments

CFO News

Prime Minister Narendra Modi and Russian President Vladimir Putin engaged in a detailed dialogue on Monday addressing the Eurasian landscape and its security, trade imbalance, the upcoming BRICS summit in Kazan, joint defense manufacturing under the 'Make in India' initiative, and India's expansion in the Far-East via the Vladivostok-Chennai maritime corridor.

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JSW Steel to spend $1 billion on decarbonisation, aims net neutral by 2050

CFO News

In its first phase by 2030, the country’s largest steel-maker intends to cut its emissions to 1.95 tonnes of CO2 for every tonne of steel produced. Its currently emits 2.36 tonne of CO2 for a tonne of steel.

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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.