Tue.Jul 09, 2024

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Boeing would become a felon under DOJ plea deal

CFO Dive

The aerospace and defense giant would plead guilty to one criminal count, pay a $244 million fine and operate under an oversight monitor for three years.

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1,015: Aligning Investor Narratives With Operational Strategy | Mark Khavkin, CFO, MinIO

CFO Thought Leader

Mark Khavkin tells us that from the very beginning of his career journey—a 2008 role as an investment professional with a European private equity firm—he was able to gain experience in board strategy, investor relations, and entrepreneurial exploration. This foundation allowed him to read boardroom dynamics from very early on and prepared him to anticipate a variety of operational perspectives that would set the stage for his path forward.

CFO 52
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Trending Sources

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How CFOs can leverage AI in spend management

CFO Dive

AI can sift through tons of data in seconds, streamlining tax calculations in the employee expense process, among other benefits, writes SAP Concur’s Chris Juneau.

Leverage 216
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FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 06/2024 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 06/2024”. The Monitor is a monthly published overview of venture capital trends in. Read more The post FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 06/2024 published appeared first on FCF Fox Corporate Finance GmbH.

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How Unify Turned Month-End Mayhem Into a Growth Party With Automation!

By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

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Powell spotlights risks to jobs, wants more gains against inflation

CFO Dive

The job market in recent months has shown signs of returning to its pre-pandemic trend, with demand for labor easing and unemployment rising to 4.1% in June.

Marketing 206

More Trending

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Naked Wines replaces SVB credit facility as CFO exits

CFO Dive

The subscription-based retailer’s $60 million new credit facility with PNC Bank will be secured by its global wine assets.

CFO 210
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My schedule … and what’s coming up

Tips Watch

By David Enna, Tipswatch.com Here we go again. Yes, I am traveling again for the next three weeks through the European Alps: Switzerland, France, Italy and Austria.

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Aligning finance, operations key for best tech practices: LogicSource

CFO Dive

To find the right technology solution, finance and operations first need to be aligned on the problem, LogicSource’s Jo Seed says.

Finance 177
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FIVE Holdings appoints Kallol Kundu as new CFO

CFO News

In his new role, Kallol will succeed Jaydeep Anand, who will transition to the position of Chief Development Officer while retaining his responsibilities as Chief Sustainability Officer. As CFO of FIVE Holdings, Kallol will play a role in advancing the Group's digitalisation initiatives.

CFO 45
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How to Select the Perfect Payments Partner: 7 Keys for Sustainable Growth

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

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ISCA launches new corporate governance initiative

Future CFO

The Institute of Singapore Chartered Accountants launched its new "Do Good" initiative for corporate governance among Trade Associations and Chambers (TACs) and charity boards. The new project seeks to support the boards and councils of more than 2,000 registered charities and 300 TACs, with potential cost-savings of S$15 million. Teo Ser Luck Under the initiative, ISCA and SAC Capital will subsidise 50% of the Board of Directors Masterclass programme for TACs and charity boards to enhance their

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Reliance, Tata, Maruti & others rally veterans to now defend the giants' next growth phase

CFO News

Indian companies, including Reliance Industries and Tata Group, are leveraging the talent of ex-service personnel for their unique skills and capabilities. With a focus on fitness, discipline, crisis management, and execution rigour, these veterans are filling skill gaps in various sectors such as logistics, engineering, and administration.

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#FASuccess Ep 393: Taking The Risk Of A Multi-Million-Dollar Succession Loan To Make The Business What You Want It To Be, With Alex Lewis

Nerd's Eye View

Welcome everyone! Welcome to the 393rd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Alex Lewis. Alex is the owner of Blackbridge Financial, a hybrid advisory firm based in Irmo, South Carolina, that oversees approximately $330 million in assets under management for 415 client households. What's unique about Alex, though, is how, at age 29, he took on a multi-million-dollar loan to purchase the firm from its founder as his successor, and, in the 4 years since,

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Budget 2024: Govt may relax 45-day payment rule for MSMEs

CFO News

The government is considering relaxing the 45-day payment requirement to MSMEs to prevent large corporations from seeking other sourcing options. This potential change to Section 43B(h) of the Income Tax Act might be announced in the upcoming Budget on July 23. Last year's Budget introduced this clause to ensure timely payments to MSMEs, penalizing larger companies for delays by disallowing tax deductions on unpaid expenses.

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2024 Annual Trends Survey: Expense Management Insights

Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.

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It’s Only a Point…

Barry Ritholtz

A quick break from book duty and doing our quarterly client call to share this fascinating discussion from tennis great Roger Federer: “In the 1,526 singles matches I played in my career, I won almost 80% of those matches… What percentage of the POINTS do you think I won in those matches? Only 54%.” -Roger Federer This is one of those great commencement addresses that will only gain stature over time.

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Insolvency law fosters healthy credit culture: NFRA chief Pandey

CFO News

On Tuesday, Ajay Bhushan Prasad Pandey, chairman of the National Financial Reporting Authority (NFRA), emphasized the importance of insolvency law for a healthy credit culture and its role in unlocking capital from unviable businesses for productive use through the resolution of bankrupt firms' stress. He highlighted that the Insolvency and Bankruptcy Code (IBC) has a significant role in strengthening the economy beyond just enabling lenders to recover dues from corporate debtors.

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EU Companies Bet Big On Egypt’s Future

Global Finance

Can a new wave of FDI help Egypt to diversify and modernize its economy? At a bilateral investment conference in Cairo on July 1, European Commission President Ursula von der Leyen announced that European companies were signing deals for more than $43 billion with Egyptian companies “ranging from hydrogen to water management, from construction to chemicals, from shipping to aviation and to automotive.

Economics 116
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PLI booster: Telecom equipment manufacturing sales cross Rs 50,000 crore

CFO News

The telecom equipment manufacturing sales have crossed Rs 50,000 crore under the production-linked incentive (PLI) scheme, creating more than 17,800 direct jobs and many more indirect jobs, the government said on Wednesday.

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Unlock The Power Of The CFO Toolkit

Speaker: Duke Heninger

With the rise of fractional finance roles, many CFOs, FP&A professionals, controllers, and accountants are stepping into independent consulting. The expansion of fractional services presents new opportunities for finance professionals, but many face challenges in navigating this transition, finding it daunting. Whether you’re new to fractional work or refining your approach, this webinar will equip you with a repeatable system for success.

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Finance Commission sets up advisory panel

CFO News

The 16th Finance Commission has set up a five-member advisory council comprising economists D K Srivastava, Neelkanth Mishra, Poonam Gupta, Pranjul Bhandari and Rahul Bajoria.

Finance 40
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FSSAI cancels manufacturing licences of 111 spice producers across India

CFO News

Food Standards Agency had issued alerts for ethylene oxide in Indian spices before January 2023. FSSAI confirmed the safety of popular brands MDH and Everest, with no presence of the chemical in tested samples, ensuring consumer confidence in these products.

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CFOs must embrace transparency, auditors discern regulatory intent: RBI DG Swaminathan

CFO News

CFOs have the key levers of financial strength in one place, probably next only to the CEO while bank’s Statutory Auditors being most critical line of assurance for a Regulator, remarked RBI DG. At the RBI Conference, Swaminathan J underlines the role and expectations of CFOs and Auditors.

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Governance: The Pillar of Startup Success

CFO News

In this insightful article, Sandip Khetan and Sagar Lakhani of Uniqus Consultech delve into the indispensable role of governance in fostering trust, transparency, and long-term success within India's dynamic startup ecosystem.

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How Top CFOs Solve Annual Planning’s Biggest Challenges

Gearing up for 2025 annual planning? Our latest eBook from the Operators Guild is your ultimate guide. Discover real-world solutions and best practices shared by top CFOs, drawn directly from discussions within OG’s vibrant online community. Learn from senior executives at high-growth tech startups as they outline financial planning strategies, align CEO and board goals, and coordinate budgets across departments.

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Auditor's role must transcend from verification to assessing material risks: RBI DG Rao

CFO News

RBI’s Deputy Governor M Rajeshwar Rao said that the role of auditor must transcend from just verifying financial statements to holistically assess material risks being posed by the business operations and business model being pursued by the entity.

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Budget 2024-25 eyes GST reforms, boost for renewable energy

CFO News

Recommendations by NSEFI include maintaining the exemption from basic customs duty on imports of key renewable energy components such as wafer, ingots, and polysilicon.

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Geojit Financial Services CFO Mini Nair supports SEBI's 'True to Label' pricing rules, sees challenges for discount brokers

CFO News

Nair said new SEBI regulations enhance transparency and customer protection while noting their minimal impact on Geojit's business model.

CFO 45
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Cognizant CFO Jatin Dalal settles lawsuit with Wipro; pays Rs 4 crore in settlement

CFO News

CFO: Cognizant has also announced the resolution of the lawsuit involving former Wipro senior vice president Mohammad Haque.

CFO 40
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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a