Mon.Mar 11, 2024

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Minnesota bill with 120-hour CPA path inches forward

CFO Dive

The Minnesota bill would allow future certified public accountants to sidestep the need for a fifth year of college. It is controversial.

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GST compensation cess: What are the options before the govt after it is discontinued

CFO News

The upcoming GST Council meetings are expected to delve into these options, with potential complexities and challenges lying ahead as the government navigates the intricate terrain of GST compensation cess reforms.

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Trending Sources

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CEO confidence, capital spending plans rise: Business Roundtable

CFO Dive

Like CEOs, economists at large companies have grown more optimistic and foresee stepped up spending on business fixed investment this year, Wolters Kluwer said.

Planning 291
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Women in Finance: Lack of visible role models, unequal opportunities remain hurdles, says Schneider Electric India's CFO

CFO News

In the finance sector, Preeti Gupta Mohanty, CFO of Schneider Electric Greater India, sheds light on the significant challenges facing women, urging immediate action for gender equality and outlining strategic initiatives for advancement.

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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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Visa spends ‘billions’ battling cybersecurity threats

CFO Dive

“We are all in an arms race to protect this ecosystem, to protect the network,” Visa CEO Ryan McInerney said at an investor conference last week.

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More Trending

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Skechers to pay $1.25M fine for undisclosed payments: SEC

CFO Dive

The civil penalty comes as the SEC widens its spotlight on executive compensation and benefits.

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How Advisors Can Get Client Referrals By Identifying “Active Promoters”

Nerd's Eye View

Referrals can play a vital role in the growth of financial advisory firms since finding prospective clients via referral requires virtually no hard-dollar costs, and it takes only a fraction of the time needed for other marketing channels like social media, blogging, and seminars. However, finding reliable sources of referrals can sometimes be challenging for advisors: Centers of Influence (COIs) like accountants and attorneys may not be as attuned to the advisor's services as the advisor's clie

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OpenAI quells some enterprise fears as leadership saga concludes

CFO Dive

The AI startup’s board expansion to include more enterprise experience will partly allay customer worries, one expert said, but safety concerns across vendors persist.

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Sebi chief flags bubble in midcap, smallcap space

CFO News

Madhabi Puri Buch, Sebi chairperson, expresses concerns over stretched valuations of small- and mid-cap stocks favored by retail investors. AMFI directs mutual funds to provide additional disclosures. Sebi plans to bring in more disclosures on risk factors and allow T+ 0 trade settlement.

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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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ExecOpinion: Go all in, engage and don’t hold back

Future CFO

A Forbes article suggests that 2024 will be tough for everyone. FutureCFO discourse with finance and business leaders echoes the same sentiment. But even as leaders brace for the possibility of harder times ahead, a more important issue is recognising the need of workers for a sense of belonging. In recognition of the continuing importance of diversity and inclusion in the workplace, FutureCFO continues to reach out to women leaders on their experiences, strategies and learnings on their journey

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Customer complaints with RBI Ombudsman up 68% in 2022-23

CFO News

Customer complaints with the Reserves Bank Ombudsman increased by 68% in 2022-23. Under RBIOS, the central bank handled 7,03,544 complaints, with public sector banks accounting for 41% and private sector banks accounting for 31% of the complaints.

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Developing A Strategic Total Rewards Approach

CFO Simplified

All companies face the challenge of attracting and retaining good talent and appealing to an employee population that is diverse in what it wants and needs. Taking a thoughtful approach to total compensation ensures that money and resources will be well-spent, well-received, externally competitive, and internally equitable. Below are some key guideposts for building a total rewards approach that addresses the following key elements: Total Rewards Philosophy and Strategy Base Salary Incentives He

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Even during Ambani & Birla takeover attempts, I was polite, calm and respectful to them. We all were doing our jobs: L&T's AM Naik

CFO News

Anil Manibhai Naik joined L&T in 1965 as a junior engineer, became chief executive in 1999, chairman in 2003, group chairman in 2017 and chairman emeritus in 2023, handing over the reins to SN Subrahmanyan in September last year. "I am proud that we got a Rs 25,000-crore single order from Saudi Aramco, the world's largest oil producer, to build a refinery in their country," says Naik, recipient of the Economic Times Award for Lifetime Achievement.

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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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Protecting Your Law Firm

CFO Simplified

As we’ve worked increasingly with law firms over the past few years, there are a number of commonalities that we’ve found with many of the firms that we’ve met and have worked with. Lawyers are really good at taking care of their clients. That’s the bread and butter of their business and biz dev, and it’s understandable. But what’s missing is the “home care” that’s needed to make sure that their firm is running efficiently and profitably.

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Plan afoot to reclassify items for GST clarity in FMCG sector

CFO News

The Central Board of Indirect Taxes and Customs (CBIC) is planning to prepare a list of products that end up in litigation due to classification issues. The fitment committee will investigate items with minor changes in composition but different tax slabs, creating confusion in tax liability, particularly in the fast-moving consumer goods (FMCG) sector.

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The 5 best financial projection software solutions

Cube Software

Criteria for selecting financial projection software Financial projection software is a tool or platform designed to help businesses forecast their future financial performance based on historical data, current trends, and various assumptions about the future. These software solutions allow users to model different financial scenarios, assess potential outcomes, and make informed decisions about their business strategies.

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Aditya Birla Fin to merge with listed parent to meet RBI rule

CFO News

Aditya Birla Capital is the holding company for the Aditya Birla Group’s financial services business and owns the various operating entities. Aditya Birla Finance is a wholly-owned subsidiary and a non-deposit-taking systematically important NBFC.

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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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Mastering Cash Flow Management: Ensuring Liquidity for SMB Success

CFO Network

Cash flow management is the heartbeat of any business, especially for small and medium-sized businesses (SMBs). It involves monitoring and controlling the cash flow into and out of the company to ensure enough liquidity to cover operational needs. Effective cash flow management is crucial for sustaining day-to-day operations, investing in growth opportunities, and weathering unexpected financial challenges.

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India to transition to middle-income economy by FY36; hit $15 trillion mark by FY47

CFO News

India's economy is projected to become an upper middle-income country, reaching a $15 trillion mark by FY47. Achieving sustained high growth rates and overcoming challenges posed by global demand and trade are crucial for India's transition to a developed economy.

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981: Bridging Continents: A Finance Leader’s Journey | Jakson Peters, CFO, TourRadar

CFO Thought Leader

Jakson Peters’s journey from humble beginnings to becoming a global CFO is a tale adaptability, and continuous learning. Born in Brazil, he had initial career expectations far removed from the finance world that had their roots in the start of his working life as part of the family’s milk delivery business. This early experience, so remote from his eventual home in the c-suite, laid the foundation for his future success, he explains.

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CK Birla-promoted HIL acquires pipes brand Topline for Rs 265 crore

CFO News

HIL Limited acquires Topline brand and four associated companies, expanding their presence in the PVC pipes segment. The acquisition nearly doubles their SKU offerings and provides access to patented technologies. It enhances their brand, presence in government projects, and strengthens their position in the Indian market.

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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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The role of elevating FP&A capabilities in business transformation

Future CFO

KPMG Finance Transformation leaders Joe Moawad and Preeti Bangali talk on the crucial success criteria for clients aiming to transform their EPM and analytics capabilities.  Find out how elevating one's capabilities on finance planning and analysis (FP&A) plays a crucial role in this journey. The post The role of elevating FP&A capabilities in business transformation appeared first on FutureCFO.

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Two senior executives quit SpiceJet

CFO News

Sources said that Shilpa Bhatia, Chief Commercial Officer of SpiceJet and Arun Kashyap, Chief Operating Officer of the company have resigned. 31 March will be their last working day. Bhatia and Kashyap are likely to start their own charter airline business. Last year the duo had floated a company called Sirius India Airlines Pvt. Ltd which for business in air transport sector.

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Hiring outlook for June quarter brightest in India: Manpower

CFO News

India Inc's hiring sentiment for the April-June quarter is the highest globally, reflecting positive labour market trends. The outlook is attributed to the resilience of the Indian economy, political stability, and growth in sectors such as healthcare, life sciences, communication services, and renewable energy.

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China expands presence in West Asia's tech, mining, and energy amid strong ties with India

CFO News

China is expanding its presence in the technology, mining, and energy sectors in West Asian nations with ties to India. It is partnering with telecom operators, investing in the mining sector, and offering assistance in space and transportation development.

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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.