Thu.May 09, 2024

article thumbnail

Grant Budgeting Mastery: Top Tips for Staying On Track

Capital CFO LLC

Navigating the complexities of grant budgeting is akin to captaining a ship through treacherous waters—precision is key. Just as a seafaring captain relies on a compass to chart a course to safe harbor, meticulous budget planning ensures you reach your funding goals without going adrift. Mastering the intricacies of this financial voyage can mean the […] The post Grant Budgeting Mastery: Top Tips for Staying On Track appeared first on Capital CFO+.

article thumbnail

Nerdwallet CFO champions user growth in face of credit, lending headwinds

CFO Dive

The former eBay and StubHub executive is keeping her eye on uncertainty in the banking sector and other headwinds following a mixed quarter.

CFO 298
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

TikTokInvestors

Barry Ritholtz

Nestled in between lip-sync dancers and fashion influencers, financial fraud lurks on TikTok. At least one person1 has noticed the risks to young consumers of social media: Since August 2020, @TikTokInvestors has been curating the most outrageous money-losing and dangerous videos culled from the “financial experts” at TikTok. The advice ranges from wrong to risky to criminal: -401ks?

Math 134
article thumbnail

Instacart taps VP of finance, former Uber exec for CFO seat

CFO Dive

The new CFO said the company remains “relentlessly” focused on investing in new technologies and cultivating its partnership with Uber.

CFO 277
article thumbnail

The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

article thumbnail

The Best Cloud FP&A Software for Mid-Size Companies. Here are the Top 6 for 2024!

Lime Light

For mid-market companies, navigating the financial planning and analysis (FP&A) landscape can be a balancing act. You've outgrown basic spreadsheets but may not require the complexities of enterprise-grade solutions. This is where cloud FP&A software emerges as a game-changer, offering a powerful and scalable toolset specifically designed to meet the needs of your growing business.

More Trending

article thumbnail

Heatwaves may change the climate of the economy

CFO News

In Eastern India there are hailstorms in some places, but many cities in other parts of the country are reeling under heat. The climate is changing drastically and heatwaves are going to affect you, me and the economy at large. Here is my view.

59
article thumbnail

The Best Cloud FP&A Software for Mid-Size Companies. Here are the Top 6 for 2024!

Lime Light

For mid-market companies, navigating the financial planning and analysis (FP&A) landscape can be a balancing act. You've outgrown basic spreadsheets but may not require the complexities of enterprise-grade solutions. This is where cloud FP&A software emerges as a game-changer, offering a powerful and scalable toolset specifically designed to meet the needs of your growing business.

article thumbnail

World’s Best Banks 2024—Introduction

Global Finance

Global banking aced 2023 despite the drama of bank failures. The banking industry emerged triumphant in 2023, a year that had threatened to be catastrophic. Rapid industry intervention averted the nightmare scenario of a contagion-driven financial crisis fueled by multiple bank failures in the US and Europe. Last year’s mini-crisis of bank failures was best seen as the result of idiosyncratic management lassitude at the eventually rescued banks.

Banking 52
article thumbnail

The value of an inclusive workplace culture for the finance function

Future CFO

The finance function, including finance professionals and their roles, has been evolving to keep up with the changes in the market and business world. To this regard, the Association of Chartered Certified Accountants (ACCA) identified ways for professional accountants to make a positive impact in tackling issues such as climate change, social inequality, and a widespread lack of trust.

Finance 52
article thumbnail

2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

article thumbnail

ICAI seeks tax sops for entities engaged in green projects, skills development

CFO News

It suggested that interest income earned by the subscribers of green bonds may be exempt or, in the alternative, be subject to a concessional rate of tax.

52
article thumbnail

A Modern Nonprofit Podcast: What it Takes to Start a Nonprofit Organization

The Charity CFO

During today’s conversation on a Modern Nonprofit Podcast, Tosha welcomes Dr. Krystal White. Outside of a Doctorate in Clinical Psychology with a Masters degree in Christian Leadership, Dr. White also has a Masters degree in Mind, Brain, and Education from Harvard University. Needless to say, Dr. White is a skilled professional and we are excited to welcome her!

article thumbnail

OECD Pillar 2-GloBE rules can help India thwart tax avoidance by MNCs, say experts

CFO News

By incorporating GloBE rules into its domestic tax legislation, India can bolster its efforts to curb tax avoidance practices and ensure that multinational enterprises contribute their fair share to the country's tax revenues.

52
article thumbnail

Discover Cutting-Edge Accounting Solutions

CFO Plans

Discover Cutting-Edge Accounting Solutions In the thrilling world of business accounting, the art of optimizing financial strategies emerges as a critical factor that can either make or break a company’s success. Today, we embark on a journey into the realm of hospitality businesses, where tailored financial services play a pivotal role in navigating the complexities of this dynamic industry.

article thumbnail

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

article thumbnail

Tata Motors looks to spin off its NBFC arms, merge with IPO-bound Tata Capital

CFO News

Group holding company Tata Sons will offer shares of Tata Capital to Tata Motors. This will give India's third-largest carmaker by volume a minority stake in Tata Capital.

52
article thumbnail

Bank Reconciliation: ERP vs. CS Lucas TMS

CS Lucas

Bank reconciliation is a crucial process that ensures the accuracy of a company’s financial records against the bank’s account statements. A reconciliation statement serves to validate that payments have been processed and deposits correctly recorded. This process is essential not only for detecting fraud but also for identifying any unintentional discrepancies.

article thumbnail

India's FY24 fiscal gap may be slightly better than revised estimates: Official

CFO News

The central government's fiscal deficit for FY24 is expected to be slightly better than revised estimates, thanks to higher-than-anticipated revenue receipts. Despite slower nominal growth, deficit-to-GDP ratio is estimated to improve. Direct tax revenue exceeded expectations, and expenditure remains on track. The government is prepared to manage potential capital inflows from JPMorgan's inclusion of Indian government bonds in its index.

52
article thumbnail

The Mentoring Round | Lawrence Herman, CFO, Dwolla

CFO Thought Leader

Inside The Mentoring Round, CFO Lawrence Herman reflects on his experience during the “Bitcoin winter” when he advised against the popular opinion to sell off assets. He advocated for buying more Bitcoin as a strategy to preserve and potentially increase the company’s financial health during a market downturn. At Dwolla, Herman’s priorities include optimizing cash flow and extending financial runway by growing revenue, controlling costs, and managing accounts payable and

CFO 40
article thumbnail

Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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.

article thumbnail

Outcome of tax disputes holds key to Xiaomi’s ops

CFO News

Xiaomi Technology India's ability to continue as a going concern depends on the outcome of multiple regulatory and tax disputes and additional funds from the Chinese parent. However, the company doesn't see a threat "for the foreseeable future" based on legal opinions obtained and cash flow projections. Xiaomi has faced multiple investigations and legal proceedings launched by income tax authorities, the Directorate of Enforcement, and the customs department on matters such as alleged ev

article thumbnail

Company registrations drop in April, but LLPs continue to scale fresh peak

CFO News

In April 2023-24, company registrations fell 3.7%, while LLPs surged 36%. The trend continued from the previous year, reflecting optimism and growth prospects despite technical challenges and a high base effect.

40
article thumbnail

Hiring sees 9% uptick in April 2024, says latest foundit Insights Tracker

CFO News

The startup ecosystem saw a 37% increase in the number of new companies, leading to a 14% surge in the number of jobs. More than half (53%) of all startup jobs are targeted at freshers. Production and manufacturing sector saw a 31% year-on-year surge in hiring.

article thumbnail

East has potential to drive India's growth: Finance minister Nirmala Sitharaman

CFO News

Finance Minister Nirmala Sitharaman emphasized the potential of eastern India as a growth engine, urging Jharkhand to tackle corruption for industrial development. She criticized the state's governance, highlighting lawlessness and migration. Sitharaman assured equitable treatment, citing increased budgetary allocations for Jharkhand's rail projects.

Finance 40
article thumbnail

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.

article thumbnail

Indian exports up in 115 nations out of 238 destinations in 2023-24

CFO News

Despite global economic uncertainties, India's exports increased to 115 countries out of 238 destinations in 2023-24. The merchandise exports slightly declined by 3% to USD 437.1 billion, while services exports rose to USD 341.1 billion. Overall exports (goods and services) reached USD 778.2 billion. India's rank in world merchandise exporters improved from 19th to 17th, with a marginal increase in share from 1.70% in 2014 to 1.82% in 2023.

article thumbnail

India's data center industry set to double capacity by 2026, attract investments

CFO News

India's data center industry is poised for significant growth, with its capacity forecasted to double to 2,000 MW by 2026. This expansion is expected to attract investments totaling Rs 50,000 crore over the next three years. Despite India generating 20% of global data, its share of data center capacity is only 3%, indicating vast potential for growth.

article thumbnail

Peer community groups can help with financial success of women entrepreneurs in tier-II cities and beyond: Tide India’s Gurjodhpal Singh

CFO News

Tide India has come up with a women aspiration index which shows the challenges and opportunities for women entrepreneurs in non-metro cities.

40
article thumbnail

DBS Bank India rolls out initiative to support women re-entering the workplace

CFO News

The organisation has developed a six-month internship programme wherein shortlisted returnees will engage in projects and receive guidance from industry leaders within a supportive environment to enable a smoother transition back to work. The programme involves hands-on experience as well.

Banking 40
article thumbnail

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.