Thu.May 09, 2024

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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+.

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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.

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Trending Sources

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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?

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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.

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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

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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

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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.

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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.

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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.

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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.

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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.

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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.

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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!

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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.

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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.

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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.

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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.

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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.

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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.

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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

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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.

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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

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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.

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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.

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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.

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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

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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.

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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.

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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.

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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.

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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.