Tue.Apr 02, 2024

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Return-to-office delays burden regional bank real estate portfolios

CFO Dive

“There's been a Frankenstein from the pandemic that's been created, and we don't know how to stop it,” TD Bank’s Gregory Carlisle said last week.

Banking 270
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At 59.1 in March, India's manufacturing PMI hits 16-year-high

CFO News

India's Purchasing Managers' Index (PMI) skyrockets to a 16-year-high, reflecting surging production, sales, and stockpiling, a recent report said. The job markets see a welcome return of hiring, but there was a looming shadow of inflation. The HSBC India Manufacturing PMI Report suggest optimistic signs and potential roadblocks for India's manufacturing boom.

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Trending Sources

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Fixing the broken state of SaaS purchasing

CFO Dive

A “growth-at-all-costs” mentality has led some SaaS companies to overpromise results and obscure pricing details, writes Olive Technologies CEO Chris Heard.

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#FA Success Ep 379: Creating A Client Deliverable That Focuses On Behavior Over Returns With Custom Intelligrations, With Hans Blake

Nerd's Eye View

Welcome everyone! Welcome to the 379th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Hans Blake. Hans is the founder of Intelligent Investing, an RIA based in Greenville, South Carolina, that oversees $50M in assets under management for 40 client households. What's unique about Hans, though, is how through a desire to create a more centralized dashboard to help his clients understand their financial health, coupled with a deep fascination with technology and i

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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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Allstate alum joins Farmers Insurance as CFO

CFO Dive

Farmers is one of many insurers who stepped back from providing services to certain states in the face of increasing environmental risks in 2023.

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AT&T hit with proposed class action suit over massive data breach

CFO Dive

The breach was a “direct result” of AT&T’s failure to implement adequate cybersecurity procedures, the suit alleges.

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988: The Quest for Sustainable AgTech | Bob Houghton, CFO, Pivot Bio

CFO Thought Leader

In the heart of a bustling paper mill, where the scent of fresh pulp intermingled with the hum of machinery, Bob Houghton kicked off his finance career. Fresh out of college and a number of states removed from his Minnesota roots, Houghton understood the intricate dance of departments working in unison to produce everyday essentials. It was here, in the domain of plus-size machines, that he began to embrace the value of stepping beyond comfort zones for growth.

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5 tips from CFOs on how to win the CFO seat: McKinsey

CFO Dive

Executives aiming to rise to the CFO seat have faced a bright landscape in recent years, with turnover unusually high.

CFO 176
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FMCG sector: Rural demand growth for daily essentials outstrips urban sales

CFO News

Rural markets grew 6.5% by volume in both December and January, and by 11.1% in February, according to executives citing NielsenIQ data. Urban markets, in comparison, grew 6.1% in December, 4.7% in January and 8.7% in February, data showed.

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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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Jacobs CFO steps down after 8 months on the job

CFO Dive

The Dallas-based company brought back former CFO Kevin Berryman on an interim basis, as Claudia Jaramillo leaves to pursue other opportunities.

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Audit fees growth lags corporate expansion in India

CFO News

While the audit fee hike is marginal, the sharply increasing complexity in business operations, heightened regulatory oversight on listed companies, growing complexity in reporting requirements, and escalating talent and organisation costs every year are putting auditors in a tough spot.

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Outsourced CFOs An Affordable Option For Small Business

CFO Share

As a successful small business owner, you already know financial oversight is crucial to not just survive but thrive. You may find yourself at a crossroads: should you hire an in-house finance manager or an outsourced Chief Financial Officer (CFO)? Understanding the cost implications of each option will help you make an informed decision. What are Outsourced CFOs?

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FCF Valuation Monitor – Q1 2024 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Valuation Monitor – Q1 2024”. The FCF Valuation Monitor is a comprehensive valuation analysis for the German small / midcap market segment and. Read more The post FCF Valuation Monitor – Q1 2024 published appeared first on FCF Fox Corporate Finance GmbH.

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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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5 Ways to Mitigate the Accountant Shortage

CFO Leadership

The start of 2024 saw several high-profile accounting mistakes with companies having to publicly correct their quarterly earnings statements. While the specific causes of the errors were unclear, the incidents had many pointing the finger at a burgeoning risk factor: the shortage of certified public accountants. A recent report by Bloomberg News estimates the United States is short 340,000 accountants due to the retirement of seasoned practitioners and the lack of new workers entering the profes

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Equipment Financing Myths and Misconceptions

Commercial Credit Group

Many companies use financing to acquire the equipment they need to operate their businesses. Because equipment is costly, many companies can’t afford to buy it outright or don't want to use their available cash to buy the equipment, so they rely on financing instead. Financing equipment is not difficult or complex, but myths and misconceptions sometimes keep businesses from exploring financing options.

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What to Look for in a Nonprofit Accounting Partner

The Charity CFO

Managing a nonprofit can be complex, especially when it comes to nonprofit accounting. Nonprofits face unique financial challenges and responsibilities that require specialized expertise and support. Finding the right accounting partner for your nonprofit is essential to the financial success of your nonprofit organization. Take a closer look at the importance of a strong nonprofit accounting partner and what you should look for when choosing a nonprofit accountant for your organization.

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JSW Energy to raise Rs 5,000 crore via QIP

CFO News

A QIP is a way for listed companies to raise capital by issuing shares to eligible institutional bidders. Details of the QIP, dates, and pricing are yet to be determined.

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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.

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The Mentoring Round | Jennifer Loo, CFO, Tala

CFO Thought Leader

987: May the Road Rise to Meet You | Jennifer Loo, CFO, Tala The post The Mentoring Round | Jennifer Loo, CFO, Tala appeared first on CFO THOUGHT LEADER, CFO, Finance, Leadership, CPA.

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NCLT approves merger between Hinduja Group’s healthcare, real estate companies

CFO News

Under the scheme of merger, Hinduja Healthcare, engaged in healthcare services, will be amalgamated into Hinduja Realty Ventures that focuses on real estate development.

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Transcript: Angus Deaton

Barry Ritholtz

The transcript from this week’s, MiB: Angus Deaton on America’s Wealth & Inequality , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ This is Masters in business with Barry Ritholtz on Bloomberg Radio Barry Ritholtz : This week on the podcast.

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MAN Group Appoints Sanjay Kumar Agrawal as CFO

CFO News

MAN Group appoints Sanjay Kumar Agrawal as CFO effective April 1, 2024, succeeding Ashok Gupta, signaling commitment to leadership strength.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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World Bank projects Indian economy to grow at 7.5% in 2024

CFO News

Indian economy set to grow at 7.5% in 2024, with South Asia expected to grow at 6.0%. Concerns include fiscal positions and climate shocks. India's inflation remains within RBI's target range, signaling positive financial indicators.

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Sanjay Nayar takes over as Assocham president

CFO News

Sorin Investment Fund Chairman Sanjay Nayar has been appointed as Assocham president for 2024-25, succeeding SpiceJet's Ajay Singh. Nayar has four decades of experience in global financial markets and plans to collaborate with the Centre on PM Modi's vision for India's development.

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IT sector’s challenges persist in Q4; guidance for FY25 in focus

CFO News

HCLTech and Tata Consultancy Services (TCS) poised to dominate Indian outsourcing industry with expectations of revenue growth acceleration in FY25 driven by higher discretionary expenses and strong deal wins in the US market.

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Indian government meets revised tax collection targets for fiscal 2024: Official

CFO News

The Indian government has met the tax collection target for 2023-24 of over Rs 34.37 lakh crore, driven by strong economic activity and improved compliance. Direct tax target was set at Rs 19.45 lakh crore, while GST collections hit record highs. India's robust growth projected at 7.6%-8%.

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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.