Mon.May 27, 2024

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Making way for women in finance

Future CFO

According to a talent survey by the Association of Chartered Certified Accountants (ACCA), a strong diversity and inclusion culture is a critical factor in deciding to work at an organisation. ACCA's Global Talent Trends Survey 2024 revealed that 78% of the respondents say diversity and inclusion are important amid the continuing talent crunch in the finance sector.

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What is The Difference Between COGS and SG&A from a Chief Financial Officer’s Perspective

CFO Selections

As fractional CFOs (Chief Operating Officers) we get a lot of questions about COGS (Cost of Goods Sold) and SG&A expenses from our clients. They want to know how to classify different types of expenses, which one to focus on when trying to control costs, how to think about them when evaluating business opportunities, and what kind of impact each can have on profitability.

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How Advisory Firm Owners Can Overcome The Marketing “Capacity Crossroads” And Options For Continuing (Sustainable) Growth

Nerd's Eye View

The first few years of building an advisory firm from scratch are typically the most demanding for solo advisors since this often means putting oneself 'out there' as much as possible – working through lead generation services, trying to network with Centers Of Influence (COIs) and the community at large, and battling through all of the "no" s needed to get a "yes" (and therefore a client).

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As macro climate changes, GenAI will also scale up: Infosys CEO Salil Parekh

CFO News

In a wide-ranging interview with Sameer Ranjan Bakshi, Beena Parmar and Surabhi Agarwal, Salil Parekh, chief executive and managing director of Infosys, spoke of his plans to prepare the $18.6 billion software services giant — through its Topaz platform — for the GenAI-led transformation that will take root as global macro-economic concerns ease.

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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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The 'AI stalls' CFOs must navigate

Future CFO

As the business world steer towards accelerated enterprise AI spending and adoption, CFOs are expected to manage the costs and common problems effectively — including cost overruns, misuse in decision making, loss of trust and rigid mindset. All these, with the challenge of how organisations use transformative technology. Gartner's Nisha Bhandare , VP analyst, and Clement Christensen , senior director analyst, discuss a comprehensive framework to categorise AI initiatives across the enterprise,

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Gartner: CFOs must treat cybersecurity as a business decision

Future CFO

Chief financial officers must start, if they hadn't already, to treat cybersecurity as a business decision , according to Gartner, Inc. The technological research and consulting firm says that with more executives identifying security as critical for enterprise revenue growth, CFOs need to be comfortable handling cybersecurity investments that provide defensible performance and outcomes to business stakeholders.

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Food delivery companies lean on existing users for growth

CFO News

In light of a slowdown in new user signups, Zomato and Swiggy are implementing strategies to increase order frequency among their existing customer base. This approach aims to drive growth despite the challenges in user acquisition.

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The 20 Leading CFOs of AI Report

CFO Thought Leader

The post The 20 Leading CFOs of AI Report appeared first on CFO THOUGHT LEADER.

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TFCI promotes CFO Anoop Bali as its new Managing Director

CFO News

Tourism Finance Corporation of India (TFCI) elevates Anoop Bali as Managing Director while he continues as CFO, with over 34 years of experience, aims to strengthen the tourism and hospitality sector through strategic financial initiatives.

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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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10 Memorial Day Reads

Barry Ritholtz

It’s Memorial Day, and a time to honor the fallen.: • Memorial Day : Each year on the last Monday in May, the Defense Department joins the nation in honoring service members who lost their lives in defense of the nation, and mourns with their families. ( U.S. Dept of Defense ) • Eric Paliwoda was a big dude. Probably six-foot-six. Those big, meaty hands that would swallow your own in a tight handshake.

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GST to be paid by telcos along with instalments towards spectrum charges

CFO News

The clarification will end confusion among field formations regarding the method for collection of GST in the auction process.

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What does BJP’s manifesto promise startups and MSMEs?

CFO News

BJP Manifesto: PM Modi has promised expansion of funding, procurement support and mentoring, among other things.

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Ashok Leyland appoints K. M. Balaji as Chief Financial Officer

CFO News

K.M. Balaji, currently Deputy CFO will take the role of Chief Financial Officer with effect from June 1, 2024.

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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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LIC thinking of diving into health insurance pool, eyeing acquisitions

CFO News

LIC is considering entering the health insurance sector, as reported by Times of India, quoting LIC chairman Siddhartha Mohanty. Mohanty stated that LIC is evaluating potential acquisition opportunities in this regard. This move aligns with expectations of the government permitting composite insurance companies in the sector.

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Another Ambani vs Mittal battle? A look into Airtel's African empire

CFO News

Bharti Airtel's African venture has been a rollercoaster ride, starting with a bold move by chairman Sunil Mittal in 2008. Despite initial struggles, Airtel Africa has managed to establish a strong presence in 14 countries. Meanwhile, Mukesh Ambani's Reliance Industries is making inroads into the African telecom market with 5G infrastructure solutions.

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India’s economic momentum to remain strong post-election: S&P Global Market Intelligence

CFO News

India's post-election economic momentum is expected to be driven by capital spending, private consumption, and investment. S&P Global Market Intelligence highlights strategic sectors like renewables, electronics, and logistics. Inflation is projected to ease, and if the NDA secures a two-thirds majority, the focus will be on economic growth and fiscal deficit reduction.

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Faced with RBI audit, IIFL Finance delays Board meet for earnings release

CFO News

In early March this year, RBI directed IIFL Finance to stop sanctioning or disbursing gold loans or assigning, securitising, or selling any of its gold loans.

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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.