Wed.Jan 24, 2024

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76% of companies link pay to ESG performance in rising trend: WTW

CFO Dive

The biggest companies are weaving ESG into pay incentives despite a backlash against the use of sustainability as a metric for corporate performance.

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Interim Budget: What are the expectations on the tax front

CFO News

Extension of concessional tax rate of 15% for new industries and rationalisation of capital gains tax structure across financial instruments is top of wish list of tax experts.

Budgeting 104
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83% of execs anticipate spike in their M&A volume this year: Deloitte

CFO Dive

With economic conditions slowly improving, the stage might be set for a rebound in M&A activity.

Economics 282
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At the Money: How to Pay Less Capital Gains Taxes

Barry Ritholtz

At the Money: How to Pay Less Capital Gains Taxes (January 24, 2024) We’re coming up on tax season, after a banner year for stocks. Successful investors could be looking at a big tax bill from the US government. How can you avoid sticker shock when Uncle Sam comes knocking? On this episode of At the Money, we look at direct indexing as a way to manage capital gains taxes.

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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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CFO of beleaguered smart window manufacturer View to resign

CFO Dive

View’s finance chief is departing as the company scrambles to accrue enough capital to continue operating through 2024.

More Trending

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$700M AGs settlement resolves only portion of J&J talc liability

CFO Dive

Some 50,000 private claims remain as Johnson & Johnson tries to keep its controversial bankruptcy strategy alive.

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Avoiding Client Power Of Attorney (POA) Rejection By Taking A Comprehensive ‘Kitchen Sink’ Approach

Nerd's Eye View

As more Americans are living well into their 80s and even into their 90s, the spectrum of risks that an aging population faces is only getting wider. The need to address longevity risk has become increasingly important, allowing financial advisors to add even more value for their clients by ensuring that their financial needs are met throughout retirement.

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Here are results of my short-term TIPS experiment

Tips Watch

Did it work out well? Yes. But is it worth the risks? By David Enna, Tipswatch.com For a few years now, I’ve been getting questions about seemingly lavish high real yields on Treasury Inflation-Protected Securities that are nearing maturity.

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Data Update 3 for 2024: Interest Rates in 2023 - A Rule-breaking Year!

Musings on Markets

In my last post, I looked at equities in 2023, and argued that while they did well during 2023, the bounce back were uneven, with a few big winning companies and sectors, and a significant number of companies not partaking in the recovery. In this post, I look at interest rates, both in the government and corporate markets, and note that while there was little change in levels, especially at the long end of the maturity spectrum, that lack of change called into question conventional market wisdo

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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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Strengthening the sustainability narrative in the finance function

Future CFO

Focusing on leading transformation and culture change can enhance corporate reporting and strengthen the sustainability narrative, according to Ernst & Young. CFOs and finance leaders may not realise their aims — be it digitalisation or new ways of working — without changes in organisational behaviours and norms. A culture that promotes collaborative rather than siloed working should be provided, along with an appetite for continuous learning and experimentation.

Finance 52
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Edtech startup Scaler appoints Tapan Jindal as CFO

CFO News

In his new role, he will assume overall responsibility for the organisation's financial health and growth, and his immediate focus will be to spearhead corporate strategy and financial operations. He will also closely collaborate with existing teams to strengthen the overall financial framework and restructure specific systems to prepare the company for its next phase of growth and achieve profitability.

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AI transformation: Business leaders are not yet ready

Future CFO

When it comes to AI transformation, 73% of business leaders remain ill-equipped, citing limited time, people, and funds, said Kearney recently when releasing results of a survey jointly done with Egon Zehnder. Survey highlights While 70% of business leaders believe their company will be disrupted by AI in the next five years, only 1 in 5 (20%) believe their organisations are currently prepared for AI transformation.

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Interim Budget: GST, subsidy, affordable housing are India Inc's wish list

CFO News

Union Budget: The Confederation of Indian Industry (CII) has offered policy suggestions to the Narendra Modi government for the upcoming interim Union Budget. The CII suggests balancing fiscal consolidation with economic growth by reducing the fiscal deficit to around 5.4% of the GDP. They propose a three-rate structure for the goods and services tax (GST) and prioritizing investor interest in the government's divestment program.

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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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Top 4 Budgeting Software Picks for NetSuite in 2024

Lime Light

Discover the best cloud FP&A software for Oracle Netsuite in 2024 and let this be the year your plans, forecasts, and reports kickstart some serious business growth! In this article, we highlight why Cloud FP&A software is an essential boost to NetSuite for your finance team to drive the decisions that maximize growth. We touch on the critical features to look for to get the most FP&A value from NetSuite.

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Pai in the Sky: Ranjan to own 40% of Aakash

CFO News

The Aakash board has approved the conversion into equity of the $300 million Pai invested during 2023, they added. This values the company — one of the remaining valuable assets for Byju Raveendran’s troubled edtech group — at around $700 million and renders it debt-free.

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On track to invest up to $10 billion in India over 3-5 years: Bain Capital's David Gross-Loh

CFO News

"India's time has come both due to its own internal development and hard work of structural improvements over the years," said David Gross-Loh, managing partner, Asia, Bain Capital.

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Banks to feel capital pain on 'daylight deals'

CFO News

Today, such exposures are not reported by banks, no risk weight is assigned to the credit, the facilities are not rated, and in a predominant number of cases no interest is charged by banks on these intra-day overdrafts.

Banking 52
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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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Big GIFT: Norms unveiled for direct global listing

CFO News

India has allowed domestic companies to list their shares directly on global exchanges at Gujarat's GIFT City. The new regulatory framework provides easier access to foreign capital for entities in the sunrise and technology sectors.

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FM seals the Interim Union Budget 2024 with Halwa ceremony

CFO News

Finance Minister Nirmala Sitharaman observed the customary "Halwa ceremony" in North Block to mark the final stage of the Interim Union Budget 2024 preparation process. The upcoming budget is going to be an interim budget due to the upcoming elections, with the full budget to be presented in July. The Budget documents, including the Annual Financial Statement and Finance Bill, will be available on the "Union Budget Mobile App" for easy access by MPs and the public after the Budge

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General Insurance Council launches ‘Cashless Everywhere’ facility across all hospitals in India

CFO News

Now the policyholders will be able to access cashless facilities anywhere at any hospital in India. General insurance council has made this facility by partnering with more than 40 thousand hospitals.

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Bankruptcy court admits insolvency resolution plea against Helios Photo Voltaic

CFO News

The National Company Law Tribunal (NCLT) has admitted an application filed by the National Asset Reconstruction Company (NARCL) against Helios Photo Voltaic Ltd, formerly known as Moser Baer Photo. The application was originally filed by Oriental Bank of Commerce (now merged with Punjab National Bank) after the company defaulted on dues of Rs 859 crore, and these loans were later assigned to NARCL.

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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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Ajay Singh, Sky One and Busy Bee file firm bids for Go First

CFO News

SpiceJet promoter Ajay Singh, Sky One, and Busy Bee have submitted the bank guarantee and expression of interest for bankrupt Go First Airlines. The lenders may extend the resolution process deadline by two months. Singh applied individually, while Busy Bee is a new applicant associated with Plan IT. Safrik Investments and NS Aviation did not submit guarantees.

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New plot: Zee, Sony launch legal war

CFO News

Sony Group companies Culver Max Entertainment and Bangla Entertainment (BEPL) initiated arbitration proceedings against Zee Entertainment Enterprises before Singapore International Arbitration Centre (SIAC), while Zee, denying charges, approached National Company Law Tribunal (NCLT) in Mumbai, seeking directions that the merger scheme, previously approved by the forum, be implemented.

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India Inc confident of achieving $5 trillion economy, says Deloitte in pre-Budget survey

CFO News

India Inc is confident of achieving $5 trillion economy with government support in infrastructure investments, reforms, and technology adoption. Business leaders anticipate strong economic growth, with about 50% of India Inc optimistic about above 6.5% growth in FY25. Automotive, consumers and retail, technology, media, and telecommunication, and energy, resources, and industrials sectors anticipate high growth.