Wed.Jan 17, 2024

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FedEx CEO eyes Red Sea crisis, rising ocean rates

CFO Dive

With ocean shipping rates spiking amid attacks by Houthi rebels, FedEx says it’s closely watching the situation.

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The Impact of Artificial Intelligence on Finance: Revolutionizing the Financial Industry

CFO News

Joydeep Mookerjee, Group CFO of Techno India Group, explores the transformative impact of Artificial Intelligence in finance. From automating tasks to enhancing risk management, AI revolutionizes financial operations.

Finance 116
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Trending Sources

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Retail sales exceed forecasts, highlighting steady consumer-fueled growth

CFO Dive

Robust retail sales defy predictions that trends such as declining savings and a cooling labor market will inhibit consumer spending.

Sales 278
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PodChats for FutureCFO: The role of finance in driving strategic imperatives in 2024

Future CFO

Business strategizing for the new year may seem all but simple, with fragmentation, uncertainty, and volatility as constants in a world that shifts here and there across all sectors. The finance function in organisations has been proven to not be spared from such changes, as it evolves to cater to the requirements imposed by the current market situation.

Finance 98
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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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Modern finance team makeovers: Controllers

CFO Dive

As finance departments undergo seismic tech-driven changes, controllers are poised to play a crucial role as the CFOs’ right hand.

Finance 248

More Trending

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Disney rejects ex-CFO Rasulo, Peltz as board nominees

CFO Dive

Disney’s board resisted pressure for a shakeup, nominating a slate of 12 nominees comprised mostly of existing directors.

CFO 242
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Byju seeks to refer the dispute over sponsorship rights for arbitration

CFO News

During the proceedings of NCLT, counsel appearing for Think & Learn Pvt Ltd, which provides online educational services under the brand name Byju's, informed that it is currently engaged in negotiations with the BCCI to settle the dispute amicably.

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Cigna CFO takes on expanded role as head of benefits division

CFO Dive

Brian Evanko will serve as president and CEO of the Cigna Healthcare insurance division in addition to his position as chief financial officer.

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Proficiency in generative AI will be most sought-after job skill in next 10 years: Survey

CFO News

The report titled “Talent Acquisition Insights”, for which 1,500 people in India across more than 20 industries were surveyed, says attracting top talent was the biggest hiring challenge last year, with almost four in 10 companies still finding it difficult to hire the best talent. The responses were part of a larger global survey of over 7,500 participants across 48 countries.

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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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Corporate credit trends to diverge by region, credit quality in 2024

Future CFO

Corporate credit trends would diverge by region though global credit metrics are generally expected to be stable to improving this year, even with sharply lower economic growth, with most issuers’ leverage expected to be negative rating sensitivity, said Fitch Ratings recently. The credit rating agency expects revenue, margin and leverage trends to differ across regions and default rates among lower-quality, speculative-grade issuers to rise due to deteriorating economic conditions and the pres

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ABG Shipyard case: EY Partner, 21 top bank officials among ED witnesses

CFO News

EY had carried out a forensic audit of ABG Shipyard on the instructions of a consortium of 28 banks, which had alleged diversion of funds that they had lent to the Gujarat-based shipbuilder.

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Investment Funds: The Benefits of Outsourcing Your Firm’s Finance Team vs Hiring In-House

E78 Partners

Investment funds and their challenges Investment funds often face numerous challenges in their initial stages, particularly operational challenges and building in-house finance teams. The owner, CEO, or General Partner is usually a trader/investor themselves, not a CFO, and is looking for help to manage finances and trading. Building a competent finance team is a critical aspect of a successful investment firm, but assembling such a team is both time-consuming and expensive.

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NFRA plans to engage with audit panels of big companies to curb frauds

CFO News

The National Financial Reporting Authority (NFRA) is planning to directly engage audit committees of large listed companies to sensitise them about accounting standards and their role, a first-of-its kind regulatory outreach to curb corporate frauds, people aware of the watchdog's thinking told ET.

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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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Why you should run what-if scenarios

Centage

If you think that once you’ve forecast your budget for the year , you’re all set — forecast again. The annual budgeting process is arguably the most important function of the finance office, but all too often businesses fail to compare their forecasts to actuals throughout the year, meaning they don’t regularly adjust their forecasts as conditions on the ground change.

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Bharti Enterprises Chairman Sunil Mittal says Vodafone Idea is 'non-existent' in India

CFO News

In an interview with Sruthijith KK on the sidelines of the World Economic Forum Annual Meeting in Davos, Bharti Enterprises chairman Sunil Mittal said ARPU (average revenue per user) needs to increase as 5G has been a huge load on telcos without any revenue coming through.

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ATM: What Investors Really Want

Barry Ritholtz

 At The Money: Meir Statman on What Investors Really Want , (January 17, 2024) What do investors really want? Long-term capital appreciation and income are the obvious answers. But, it turns out, they actually want a lot more than that. I speak with Professor Meir Statman of Santa Clara University — he is an award-winning expert on investor behavior and financial decision-making.

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Adani Group of companies to invest Rs 12,400 crore in Telangana; signs MoUs with Govt of Telangana

CFO News

Adani Group will invest Rs 12,400 crore in Telangana, including Rs 5,000 crore in a 100 MW data center powered by renewable energy. Adani Green Energy will invest over Rs 5,000 crore in two pump storage projects, Ambuja Cements will invest Rs 1,400 crore in a cement plant, and Adani Defence Systems will invest over Rs 1,000 crore in a comprehensive ecosystem for defense capabilities.

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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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Designing “Custom GPTs” With Advanced ChatGPT Features To Enhance Advisor Capabilities With AI

Nerd's Eye View

In late 2022, OpenAI launched ChatGPT, an Artificial Intelligence (AI) driven, natural-language processing tool that offered the public the ability to conduct seemingly human conversations with a chatbot and generate a seemingly endless array of sophisticated content, including essays, emails, computer code, meal plans, fictional stories, and song lyrics, to name just a few.

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RBI Governor Shaktikanta Das foresees robust 7% economic growth in FY25

CFO News

RBI Governor Shaktikanta Das, who was speaking at an event at Davos organised by the Confederation of Indian Industry on the occasion of the annual meeting of World Economic Forum, has also used the global stage to make a case for central banks' intervention to reduce exchange rate volatility especially in emerging markets.

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The future of finance and enhanced corporate reporting

Future CFO

For finance chiefs , a more compelling vision is required for the future of finance and reporting. According to Ernst & Young , the reporting environment continues to evolve at pace, leading to the rapid transformation of the finance function and its operating model. Digital technologies, as an example, can transform how finance works, with accounting knowledge to be integrated into artificial intelligence (AI), and controls and compliance monitoring to be automated.

Finance 52
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Deductions that must be added in new tax regime to make it attractive in interim Budget 2024: Experts

CFO News

Deductions under new tax regime: The interim budget by the Modi government is around the corner. Many salaried individuals are hoping for some tax relief in the Budget 2024. The government is trying to make taxpayers choose new tax regime instead of old tax regime. However, according to tax experts, more deductions must be offered under new tax regime to make it attractive.

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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 Mentoring Round | Michael Perica, CFO, Rimini Street

CFO Thought Leader

TEXT 966: The Billionaire’s Apprentice | Michael Perica, CFO, Rimini Street The post The Mentoring Round | Michael Perica, CFO, Rimini Street appeared first on CFO THOUGHT LEADER, CFO, Finance, Leadership, CPA.

CFO 40
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India Inc is on the hunt for more and more women executives as it pushes for better ESG standards

CFO News

Large Indian companies and multinationals are actively seeking senior women professionals for top management roles, driven by a focus on ESG standards and the desire to improve diversity at the CXO level. Investors are also increasingly interested in companies that prioritize gender diversity. Several executive search firms have reported mandates to exclusively look for female candidates for CFO, COO, CHRO, CMO, CTO, CLO, and CEO positions.

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10 Wednesday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • The Stock Market is Our Mona Lisa : Apple is our Colosseum. Microsoft is our Taj Mahal. Google is our Sistine Chapel. Amazon is our Notre-Dame. Nvidia is our Eiffel Tower.

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RBI approves Praveen Kutty as DCB Bank CEO

CFO News

Kutty replaces Murali Natrajan who completes 15 years as the bank's CEO at the end of April, which is the maximum limit for the position according to RBI norms.

Banking 52
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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.