Mon.Aug 12, 2024

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The first 100 days: 4 key considerations after a private equity acquisition

CFO Dive

The first 100 day period calls for an all-hands-on-deck approach to set a comprehensive plan for people, processes and technology to address both short-term needs and future value creation goals.

Planning 157
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Catastrophizing Debt

Barry Ritholtz

I’m deep in my book writing work discussing federal debt when I see a tweet that simply epitomizes the entire genre. Full disclosure: My priors on federal debt are that I don’t know where the line of too much should be drawn, but I do know that none of the terrible things we were warned about over the past 50 years due to excess debt have come to pass.

Treasury 138
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Trending Sources

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Fractional experts, AI can ease pressures on ‘overextended’ finance teams

CFO Dive

CFOs need to bring flexibility to overburdened finance teams to navigate economic headwinds, Paro’s Michael Burdick said.

Finance 293
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The 5 Dysfunctions Of Client/Advisor Relationships: How Advisors Can (Re-)Build Trust And Spur Clients Into Action

Nerd's Eye View

In the modern era of financial advice, the advicer/client relationship is tightly centered on trust. And because of that foundation of trust, in an ideal advisor/client relationship, mistakes, disagreements, and concerns are surfaced quickly; action items are agreed and acted upon by everyone involved; and everyone feels aligned and accountable to their overall objectives.

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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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SEC slaps $3.5M fine on former Ideanomics CEO for alleged fraud

CFO Dive

Since its inception in 2004, Ideanomics has switched its business model at least three times, from video on demand to petroleum trading products to electronic vehicle services.

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More Trending

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RBC ex-CFO sues bank for $35.6M

CFO Dive

Nadine Ahn and Ken Mason, another fired RBC exec, didn't have an affair, each said in court filings, contrary to a “clear insinuation” from the bank. Further, Ahn said she missed out on a path to CEO.

Banking 167
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Writing a Donor Thank You Letter: Tips for Continued Support

Capital CFO LLC

Nearly 80% of donors say a thank you can influence future giving which is why it is essential to have the knowledge you need when writing a donor thank you letter. Such letters, infused with genuine gratitude and personalized touches, can transform a simple acknowledgment into a profound connection. This ensures that the benefactors feel […] The post Writing a Donor Thank You Letter: Tips for Continued Support appeared first on Capital CFO+.

CFO 52
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Ledger check: How finance teams can transform using AI

CFO Dive

As technologies and capabilities expand, finance leaders report a growing investment and expectation of AI in the coming year.

Finance 130
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Cap table management made easy: Tools and techniques for finance leaders

Cube Software

Understanding capitalization tables A cap table, or capitalization table , is a simple but vital document that lays out who owns what in your company. It lists the different types of shares—like common stock, preferred stock, and employee options—and shows the percentage of ownership each person or group holds.

Finance 52
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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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A Modern Nonprofit Podcast: Characteristics, Successes, & Strategies with Auctions

The Charity CFO

Auctions, are they a thing of the past or do they still work? We answer this question on another episode of A Modern Nonprofit Podcast hosted by Tosha Anderson. Bringing their expertise to the table, we are joined by Laurie Hochman , Director of Business Growth & Strategy at Auctria. Auctria is an easy to use tool that helps run your fundraising events.

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1,024: From Overdrive to Insight: Lessons Learned in the Pursuit of Success | Tom Bock, CFO, SmartFinancial

CFO Thought Leader

In 2005, fresh into his first banking job at Citigroup, Tom Bock found himself working 63 hours straight in preparation for a critical pitch. Fueled by a desire to prove his worth, he pushed his limits, refusing to rest until the task had been completed. However, this grueling experience came at a cost—his nose began bleeding, a stark sign of physical exhaustion.

CFO 52
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How Is Your Sales Manager A Resource?

Commercial Credit Group

When you inquire about Commercial Credit Group's (CCG) equipment financing services , you are paired with a Regional Sales Manager (RSM). This manager assists in answering questions and guides you through every step of the funding process. The title "Regional Sales Manager" doesn’t capture the full extent of their role or ability to help businesses grow.

Sales 52
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India's net direct tax collection grows 22% to Rs 6.93 lakh crore

CFO News

As of August 11, net direct tax collections have surged by 22.48% to approximately Rs 6.93 lakh crore this fiscal year. This includes Rs 4.47 lakh crore from personal income tax and Rs 2.22 lakh crore from corporate tax. Additionally, Securities Transaction Tax (STT) brought in Rs 21,599 crore, and other taxes contributed Rs 1,617 crore.

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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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Companies race against taxing times to give buyback call

CFO News

Within just the three weeks since the budget announcement on July 23, 15 companies have already announced buybacks, compared with 18 that did so between January 1 and July 23.

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Headhunters may get to access independent directors' databank

CFO News

At present, only companies are allowed to access this data bank for a nominal fee. But since large listed companies and conglomerates often outsource to search firms the job of due diligence of potential candidates, IICA is seeking to make the data bank available to these entities as well.

Banking 40
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Indian API companies to grow by 7-8 per cent, operating profit margin to improve to 12-14 per cent in FY2025: ICRA

CFO News

Indian API industry players faced considerable volatility in earnings over FY2021-FY2023 on account of multiple headwinds such as rising raw material costs due to elevated crude oil prices and pandemic-induced lockdowns in China, resulting in a shortage of key starting materials (KSMs) and APIs globally, inflationary pressures and increased energy costs in Europe, as well as heightened volatility in foreign exchange rates.

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Sebi has reacted, government has nothing further to add

CFO News

Hindenburg Research alleged that Madhabi Puri Buch and her husband had stakes in an obscure offshore fund, IPE Plus, that had been part of a complex, nested structure used by Vinod Adani, brother of billionaire Gautam Adani.

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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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Congress seeks Sebi chief's ouster, CBI probe into Adanis

CFO News

Congress demanded the resignation of Sebi chairperson Madhabi Buch and urged the Supreme Court to transfer the Adani probe to CBI or a special investigation team. The party reiterated its call for a Joint Parliamentary Committee (JPC) to investigate the scam and threatened a nationwide protest if the demand was not met.

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Nothing more for govt to add: DEA Secretary on Hindenburg report on Sebi Chief

CFO News

The Finance Ministry on Monday said it has nothing more to add to the statements given by the Securities and Exchange Board of India and its chairperson Madhabi Puri Buch regarding Hindenburg's latest report

Finance 40
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Factory output growth at 5-month low in June

CFO News

Data released by the Ministry of Statistics and Programme Implementation showed that the growth of manufacturing, which comprises two-thirds of the index, almost halved to a seven month low of 2.6% in June from 5% in May. Electricity and mining grew 8.6% and 10.3% on-year, respectively in June.

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Time ripe for next round of big reforms to attract manufacturers: Experts

CFO News

Some experts suggested steps include creating world-class, export-oriented industrial hubs (where India is a laggard), ringing in favourable tax treaties with the country's top trading partners, bolstering logistics infrastructure (including connectivity with ports), encouraging sector-specific skill development, targeting high-volume local production of capital goods and investing in smart manufacturing facilities.

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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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India has potential to become $ 55 trillion economy by 2047, says IMF Executive Director Subramanian

CFO News

Krishnamurthy V Subramanian of the IMF stated that Hyderabad, India could potentially become a USD 55 trillion economy by 2047. During his book launch at Indian School of Business, he highlighted that with 8% growth and solid government policies, India could achieve this by leveraging financial inclusion and infrastructure investments.

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MSCI ignores Hindenburg to remove freeze on Adani stocks from coverage list

CFO News

MSCI stated it will lift the freeze on Adani stocks from the August 2024 Index Review. This will involve updates in the Number of Shares, Foreign Inclusion Factor, and Domestic Inclusion Factor for the Adani Group. Regular corporate event implementations will commence on September 2, 2024. MSCI continues to monitor Adani Group and associated securities.