Tue.Mar 12, 2024

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Lack of C-suite trust puts focus on transparency, coordination: PwC

CFO Dive

Building trust in the C-suite requires a “common view of prioritization,” PwC’s Wes Bricker said.

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Byju's CEO Raveendran's removal is not justified in absence of forensic audit: Amarjit Chopra

CFO News

REMOVAL OF BYJUS CEO: There is a need for all parties to sit together and listen to the advice of the Advisory Council with an open mind, says the former ICAI President.

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Trending Sources

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Peloton CFO leans on cost cutting to reverse post-pandemic slump

CFO Dive

Finance chief Liz Coddington is cutting overhead costs and driving more revenue from Peloton’s digital subscription and bike rental businesses.

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India poised to achieve upper-middle-income status by 2036, says India Ratings

CFO News

Ind-Ra anticipates India entering the upper-middle-income category between fiscal years 2033 and 2036, with the $15 trillion economy goal set for fiscal years 2043 to 2047.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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Inflation exceeds forecasts, affirming Fed’s caution on initial rate cut

CFO Dive

Futures trading suggested that the odds that policymakers will cut the main interest rate by at least a quarter point on May 1 have plunged to 11% from 52% a month ago.

More Trending

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ADM reports DOJ subpoenas and document requests

CFO Dive

The commodity giant’s confirmation of DOJ’s involvement comes about two months after ADM disclosed an internal accounting probe and put its CFO on leave.

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February inflation again slides higher than expectations

Tips Watch

Markets react with a shrug, but what does it mean for the Federal Reserve? By David Enna, Tipswatch.

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New SEC cyber rules draw ‘question-begging’ breach disclosures

CFO Dive

Filers may be opening the door to investor confusion by reporting breaches that don’t appear to be material without explaining why.

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982: Blending Alcohol and E-commerce | Matt Wolf, CFO, DRINKS

CFO Thought Leader

Twelve years ago, when Matt Wolf was an investment banker at Morgan Stanley, he likely would have been alarmed to learn that his future finance career would be largely impacted by drinking and driving. Such was his destiny, though, as after a 5-year stint with the investment bank in London and New York he began to fill in his itinerary with positions in both the automotive and alcohol industries—most recently, as the CFO at DRINKS, a company at the forefront of e-commerce solutions in the bevera

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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AI deepfakes targeted in Biden’s State of the Union speech

CFO Dive

The president’s remarks come amid growing concerns about the potential use of deepfakes to wreak havoc in elections or perpetrate fraud against businesses.

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Sebi seeks report on action taken by rating firms against IIFL Fin & JM Fin

CFO News

SEBI seeks explanation from rating agencies, Icra Ratings and Care Ratings, for their inaction following RBI's curbs on IIFL Finance and JM Finance Product. The Reserve Bank of India (RBI) banned IIFL Finance from giving new gold loans on March 4 due to lapses in the lending process, and on March 5, it banned JM Financial Product from undertaking any form of business in shares and bond funding.

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Costs, not security, worry enterprise leaders most as cloud estates multiply

CFO Dive

Optimizing spend surpassed security among enterprise concerns, Flexera’s annual survey found.

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First chip from Dholera plant by 2026 end: PSMC chairman Frank Huang

CFO News

Frank Huang, chairman of PSMC, told ET that the first semiconductor chip from the new plant being set up by the Tata Group and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) in Gujarat’s Dholera, will be ready to roll out by the end of 2026.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Gartner: Finance leaders must lead with gratitude for better staff engagement

Future CFO

Finance leaders are now being expected to lead with gratitude towards the workforce to boost staff engagement, according to Gartner, Inc. Employees within the finance department are found to have been exhibiting low intent to stay, with their levels of discretionary effort being below company-wide averages. Shannon Cole According to the technological research and consulting firm, finance leaders who are facing low levels of employee engagement in their function should make sure they understand h

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RBI asks for info on gold loan frauds

CFO News

The Reserve Bank of India has asked banks to share info on gold loan frauds and review lending processes after employees manipulated the system. A whistle-blower complaint revealed collusion with customers, manipulated repayments, and liens. RBI banned IIFL Finance from new gold loans. No response from RBI.

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The 4 Key SaaS Finance Data Sources

The SaaS CFO

There are four key finance data sources that we need monthly to scale our SaaS business. This data can mean the difference between running financially blind and financial transparency. The data sources that I outline below are core to my financial framework. I follow a sequential process to build data discipline and data integrity. You […] The post The 4 Key SaaS Finance Data Sources appeared first on The SaaS CFO.

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Big Tech, few Indian entities oppose ex-ante regulation under new law; others lend their support

CFO News

Digital firms including Apple, Google, Meta, Amazon, Flipkart, and Uber resisted ex-ante obligations under a new digital competition law. Some home-grown companies like Oyo, Zomato, and Swiggy had reservations, while others endorsed the framework. The Govil panel has now recommended separate digital competition legislation with an ex-ante framework after holding meetings with a cross-section of stakeholders, including the large digital players who had submitted their views.

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Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.

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Revolutionize Your Sales Strategy: The Power of Visible Prices

Adam Kae

Agency owners, I know the struggle. The constant juggling act of acquiring new clients, retaining the existing ones, and trying to keep those revenue numbers in the green. Today, let's dive into a game-changer that can truly revolutionize your sales strategy: the power of visible prices on your website. The Digital Marketing Landscape: Challenges and Opportunities Embracing Sales Strategy for Success Running a digital marketing agency is no walk in the park.

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FY24 GDP growth to be closer to 8 pc but we must not succumb to triumphalism and exuberance: CEA

CFO News

India's Chief Economic Advisor, V Anantha Nageswaran, predicts the real GDP growth for FY24 to be around 8%, surpassing the Ministry of Statistics' estimate of 7.6%. Nageswaran highlights optimism in industry and services, cautioning against complacency. He emphasizes sustained growth efforts, with industry and services leading, while agriculture faces challenges due to delayed monsoons.

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2023 Bonus Depreciation? Consider filing an extension of time to file your tax returns.

Commercial Credit Group

If your business is considering taking the Bonus Depreciation deduction for tax year 2023, you might want to consider filing an extension of time to file your returns. For calendar year taxpayers, the tax filing deadline for S-corporations and partnerships is March 15, and the deadline for C-corporations is April 15, so you should talk with your tax advisor soon.

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Industrial production grows 3.8 pc in Jan

CFO News

Factory output measured in terms of the Index of Industrial Production (IIP) witnessed a growth of 5.8 per cent in January 2023.

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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How GenAI can aid in finance transformation

Future CFO

Generative artificial intelligence , or GenAI, can create valuable opportunities to support finance transformation. In this demo video, PricewaterhouseCoopers shares a few use cases and patterns that impact the finance function. The post How GenAI can aid in finance transformation appeared first on FutureCFO.

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Vi eyes 40% of revenues from 5G in over two years

CFO News

In its presentation, the telecom JV between UK's Vodafone and India's Aditya Birla Group, said its delayed entry into the country's next-gen wireless broadband turf would help it access the latest advances in 5G technology in a cost-efficient way. It added that 90% of its radio gear is already 5G-ready. Another strategic focus is refarming its airwaves in the 900 MHz and 2100 MHz bands as part of plans to expand the telco's 4G coverage in its 17 priority markets.

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The Mentoring Round | Jakson Peters, CFO, Tour Radar

CFO Thought Leader

Inside The Mentoring Round, CFO Jakson Peters shares his philosophy of swift decision-making, and sheds light on the common pitfall many finance professionals face: over-analysis. Transitioning through roles in diverse geographies, from Sao Paulo, to Malaysia, to Dubai to Vienna, he emphasizes the value of understanding and integrating into new cultures without prejudgment.

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#FA Success Ep 376: Accelerating Growth To 30 Clients/Month With Affordable Advice(-Only) Services Where Clients Can Keep Control, With Eric Simonson

Nerd's Eye View

Welcome back to the 376th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Eric Simonson. Eric is the Founder & CEO of Abundo Wealth, an Advice-Only RIA based in Minneapolis, Minnesota, that oversees $600M in assets under advisement for 420 client households. What's unique about Eric, though, is that Abundo has grown its base of 420 clients, and is on pace for well over $1M of revenue in 2024, despite having launched barely 4 years ago… with an "advice-

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.