Wed.Feb 19, 2025

article thumbnail

CFOs sharpen focus on supply chain strategies amid tariff threat: BDO

CFO Dive

Despite the potential costs from import duties, “CFOs remain optimistic about growth overall,” a BDO executive said.

287
287
article thumbnail

Fix, Fine, Flourish: A Framework To Take Clients From (Just) “Fine” Staganancy To Being Engaged Again

Nerd's Eye View

When a client first begins working with an advisor, the relationship is often marked with a flurry of onboarding tasks, immediate issues to resolve, and long-term planning goals to establish. However, this heightened activity often settles into a familiar routine over time. And as clients come into monitoring meetings, they may increasingly describe their situation as "fine", with no pressing issues to address.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

One-time EV darling Nikola files for Chapter 11 bankruptcy

CFO Dive

The filing comes several months after CFO Tom Okray warned Nikola only had enough cash to meet its obligations into, but not beyond, Q1 2025.

CFO 251
article thumbnail

Negotiating Under Fire While Keeping Your Cool 

CFO Talks

Negotiating Under Fire While Keeping Your Cool Negotiating is tough enough, but when you’re under pressure, it can feel overwhelming. Whether youre negotiating a business deal, a salary, or even a contract, high-stress situations can lead to poor decisions. The good news is that with the right strategies, you can stay in control and achieve a successful outcome.

article thumbnail

Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

article thumbnail

Petco picks board member, Gap vet for CFO

CFO Dive

Sabrina Simmons stepped down from the board seat she’s held since 2021 to take the pet retailer’s finance reins.

CFO 170

More Trending

article thumbnail

The benefits of cross-border virtual CFO services

Future CFO

Streamlining global financial management for growth, compliance, and stability comes hand in hand with an organisation's expansion, a benefit offered by cross-border virtual CFO services. According to BD Chatterjee , author and vice president for finance and corporate affairs at ACCESS Health International , cross-border virtual CFO services provide a cost-effective and structured solution to challenges, bringing in financial leadership tailored to international operations.

CFO 52
article thumbnail

Ex-NFRA chairman Sridharan backs tough regulatory stance, defends dual role amid legal battles

CFO News

Rangachari Sridharan, former chairman of NFRA, applauded the Delhi High Court's ruling upholding NFRAs powers, while defending its strict regulatory approach. He said that accountability, not leniency, is key to strengthening Indias auditing sector. Sridharan also addressed concerns about NFRAs dual role, explaining that when he led the authority with only two members (including himself), it was not feasible to separate functions due to logistical constraints.

article thumbnail

Quantuma advises Invenia Group on its sale to XT Group

Accountancy Today

Quantuma has secured the future of Leeds-based Invenia Group Limited in a sale to XT Group Limited. Managing directors Rehan Ahmed and Tauseef A Rashid were appointed as joint administrators of Invenie Group Limited on 14 February and completed the sale of the business and assets shortly thereafter to Essex-based company XT Group Limited, a recruitment company.

Sales 52
article thumbnail

Google pays 326 million euros to settle Italy tax dispute: prosecutor

CFO News

Tech giant Google has paid 326 million euros to Italy following an investigation into alleged unpaid taxes, Milan prosecutors said Wednesday, as they recommended criminal proceedings be dropped. Under an agreement reached with Google, "the company proceeded to payment of. 326 million euros in taxes, fines and interest, to resolve the outstanding matter with the Italian tax authorities", Milan prosecutors said in a statement.

40
article thumbnail

What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

article thumbnail

Navigating the rise of micro-investments in APAC

Future CFO

As the Asia-Pacific region faces a financial revolution, micro-investments gain traction in transforming how people engage with financial markets. According to Krishna Nellutla , micro-investments, facilitated by fintech innovation, mobile-first platforms, and changing investor behaviours, is looking promising for the region amid an increasing emphasis on digital financial literacy, AI-powered wealth management, and democratized investing.

article thumbnail

US reciprocal tariffs to have limited impact on India: S&P

CFO News

The impact of US reciprocal tariffs on India will be minimal due to its domestically oriented economy. S&P Global Ratings projects Indias GDP growth at 6.7-6.8% over the next two years, driven by consumer spending and public investments. Fiscal deficit targets are expected to be met despite economic challenges.

article thumbnail

At The Money: Taking Advantage of Superbooms

Barry Ritholtz

At The Money: Jeff Hirsch Why Big Federal Spending Plus Inflation = Superbooms (February, 19 2025) Wars, national defense spending, technology innovations historically, these have had big impacts on the economy. The result: A spike in inflation and a huge surge in market prices. How can you take advantage of these Superbooms? Full transcript below. ~~~ Jeffrey Hirsch is editor of the Stock Traders Almanac & Almanac Investor Newsletter.

article thumbnail

CCI plans to invest Rs 640 cr in Chennai logistics unit

CFO News

CCI Group: This expansion, part of a logistics hub, brings their total investment to Rs 900 crore.

article thumbnail

Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

article thumbnail

Indian equity markets' pain to worsen as economy, corporate profits slow

CFO News

Indian equity markets have fallen by around 13% since September due to a slowdown in corporate earnings growth and a significant withdrawal of foreign investments. This trend is expected to continue as India's economic growth slows and company profits remain under pressure.

article thumbnail

Citi India plans to buy $1 billion of asset-backed securities

CFO News

Citigroup Inc.'s India unit plans to significantly boost its asset-backed securities portfolio to over $1 billion by the end of the fiscal year to provide liquidity as domestic lenders face sluggish deposit growth. The securitization market in India is growing, driven by large private banks and non-bank financing companies.

article thumbnail

Companies' intent to hire freshers rise to 74 pc in India, IT sector rebounds

CFO News

Several industries in India showcase strong recruitment momentum for the first half of 2025, with their plans to hire freshers rising to 74 per cent, according to a report on Thursday.

article thumbnail

Despite growth in economic activities Fed minutes signals rate cut on hold

CFO News

The Federal Open Market Committee (FOMC) has decided to keep interest rates unchanged, signalling that a rate cut is not imminent.

article thumbnail

Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

article thumbnail

Around 4000 Indian companies report strong EBITDA growth in Q3FY25: SBI

CFO News

Indian companies exhibited a strong recovery in Q3FY25, with revenue, EBITDA, and PAT showing significant growth compared to the previous year. The report highlights improving consumer sentiment and economic productivity, which have driven demand-led growth across various industries.

article thumbnail

Hyundai India aims to be production hub for exports to emerging markets

CFO News

Hyundai Motor India aims to become a manufacturing hub for emerging markets like Africa and neighbouring countries, addressing challenges in Middle Eastern exports. The company plans to strengthen its presence in markets such as Nepal, Bangladesh, and Latin America while continuing to provide cost-optimised vehicles for these regions.

article thumbnail

India's economy rebounds as budget-driven consumption offsets global headwinds: RBI

CFO News

High-frequency indicators suggest a significant and sustained pick-up in Indian economic activity, buoyed by budget-induced consumption despite global uncertainties and protectionist tariffs. Easing headline inflation and tax relief in the Union Budget indicate growing rural demand and recovering urban demand, positioning India as the fastest-growing major economy.

article thumbnail

US SEC seeks Law Ministry's help to serve legal notices to Adanis

CFO News

The US SEC has sought India's Ministry of Law's assistance to serve legal notices to Gautam Adani and his nephew in a securities fraud and bribery probe. Using the Hague Service Convention, the SEC aims to ensure compliance. The Adani Group faces allegations of securities fraud and potential involvement in a $265 million bribery scheme.

article thumbnail

Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.

article thumbnail

Smokey Affair: GST on cigarettes, tobacco products may be raised

CFO News

India is considering raising the GST on cigarettes and tobacco products to 40% and adding an additional excise duty after compensation cess ends in 2026. Currently, these products face a 28% GST plus other levies totaling 53%, below WHO's recommended 75%. The GST Council will decide on the recommendations.

40
article thumbnail

Indian equity markets' pain to worsen as economy, corporate profits slow

CFO News

Indian equity markets have fallen by around 13% since September due to a slowdown in corporate earnings growth and a significant withdrawal of foreign investments. This trend is expected to continue as India's economic growth slows and company profits remain under pressure.

article thumbnail

Fed's Jefferson says Fed can take time on next interest rate decision

CFO News

Federal Reserve Vice Chairman Philip Jefferson indicates that the strong U.S. economy and solid job market allow for a measured approach to monetary policy adjustments. He acknowledges that while inflation has decreased, it remains above the Feds 2% target, requiring careful monitoring of economic data.

article thumbnail

Indian Overseas Bank appoints Madhaw Chandra Jha as CFO

CFO News

Indian Overseas Bank: Madhaw Chandra Jha will succeed S P Mahesh Kumar, the current General Manager & CFO, who is set to retire on February 28, 2025.

CFO 40
article thumbnail

How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?