The Finance Weekly
DECEMBER 5, 2023
As 2024 approaches, CFOs need to assess their 2023 achievements and plan for the coming year. Despite the persistent list of priorities, it changes over time. Starting with an external perspective is crucial. Analyze the current economic situation, considering challenges such as inflation and rising interest rates. The waning wave prompts speculation about a potential recession or a return to normal growth levels.
CFO Dive
DECEMBER 5, 2023
A report Tuesday of declining job vacancies bolstered optimism that the labor market will cool without pushing up unemployment much beyond the 3.9% level in October.
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CFO News
DECEMBER 5, 2023
Finance Minister Nirmala Sitharaman revealed that GST officers have detected 21,791 fake GST registrations and identified over Rs 24,000 crore of suspected tax evasion during a recent special drive. The entities found to have fake registrations include 11,392 entities under state tax jurisdiction and 10,399 entities under CBIC jurisdiction. This significant amount of tax evasion was uncovered during the drive conducted by the Central Board of Indirect Taxes and Customs from May 16 to July 15, 20
CFO Dive
DECEMBER 5, 2023
More than half of Kruze Consulting’s client base has adopted OpenAI’s technology, with much of that penetration occurring during the past year.
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.
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Nerd's Eye View
DECEMBER 5, 2023
Welcome back to the 362nd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Jeff Brown. Jeff is the President of Stratos Private Wealth, an RIA based in San Diego, California, that oversees almost $1.5 billion in assets under management for just over 350 client households. What's unique about Jeff, though, is how his firm has developed associate advisor compensation plans and career tracks, with well-defined Level 1, Level 2, and Level 3 performance indicators of
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
CFO News
DECEMBER 5, 2023
The authorities are now asking for details such as the specifics of office spaces, electricity bills, the roles and expertise of directors and employees in Singapore and Mauritius, locations of decision-making, and a thorough review of board meeting minutes.
CFO Dive
DECEMBER 5, 2023
The company’s head of finance will step in to fill its CFO gap as it continues to battle rising average room rates, with a permanent CFO set to take the seat in April.
Barry Ritholtz
DECEMBER 5, 2023
The transcript from this week’s, MiB: Michael Fisch, American Securities , 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. ~~~ 00:00:00 [Speaker Changed] This is Masters in business with Barry Ritholtz on Bloomberg Radio. 00:00:07 [Barry Ritholtz] This week on the podcast, I have an extra special guest.
CFO Dive
DECEMBER 5, 2023
CFO Vanna Krantz — who joined the LGBTQ+ dating app just before it went public last year — said Monday that the company turned in part to consultants to help offset staff departures.
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CFO News
DECEMBER 5, 2023
The liquidator of debt-ridden engineering, procurement and construction company Punj Lloyd has approached the National Financial Reporting Authority (NFRA) against the auditors of the company for not cooperating to finalise the audited results of the company since FY19.
CFO Dive
DECEMBER 5, 2023
The funding boost comes as data privacy management startup Mine seeks to increase its hiring in the U.S.
CFO Thought Leader
DECEMBER 5, 2023
When Michael Kennedy first stepped into the CFO office at the Muscular Dystrophy Association (MDA) in 2018, he was surprised to learn that the association was spending $8 million annually on office space across the country. “Why were we in these offices?,” asks Kennedy, voicing the question that helped to kick off the first of what he now characterizes as a multichapter digital transformation.
CFO News
DECEMBER 5, 2023
Indian businessman Gautam Adani has climbed to the 16th position on the Bloomberg Billionaires Index, with a net worth of $70.2 billion. Adani's wealth increased by 30% in just a week, adding over $4.41 billion.
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
Future CFO
DECEMBER 5, 2023
When it comes to AI success in finance functions, there are three characteristics that the function needs to have and CFOs must understand. According to Gartner, only 39% of 133 finance leaders it surveyed in May use AI/ machine lear ning (ML) and 29% of respondents said AI/ML is planned. In addition, 68% of finance organisations are using AI or plan to use the technology, the advisory firm. noted.
CFO News
DECEMBER 5, 2023
The terminated office assets include 550,000 sq ft in Kalyani Tech Park in Whitefield and 70,000 sq ft in IBC Knowledge Park, people aware of the matter said. Both these assets were given up between 2022 and 2023.
Future CFO
DECEMBER 5, 2023
Artificial intelligence and machine learning have been changing how things are being done in different industries. The duo basically shakes up how problems are being solved, including the optimisation of credit scores, as smart computer systems bring a new way to learn about money. Traditionally, credit reports were subjected to manual analysis, a process susceptible to discrepancies.
CFO News
DECEMBER 5, 2023
Kirloskar: The non-convertible debenture is part of a strategy to diversify funding sources amid the RBI’s move to risk weights on bank funding to NBFCs.
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.
Financial Analyst Insider
DECEMBER 5, 2023
Flipping houses has become a popular avenue for real estate investors looking to capitalize on the potential for quick returns. This strategy involves purchasing a The post How to Successfully Renovate Real Estate for Profit appeared first on Financial Analyst Insider.
CFO News
DECEMBER 5, 2023
The report stated that interest rate hikes, tightened liquidity, inflation, changes in taxation, and concerns about an imminent recession are some of the reasons for the dip in investments in the online gaming segment.
CFO Thought Leader
DECEMBER 5, 2023
Inside the Mentoring Round, CFO Zhi Li shares a lesson he learned within the first 60 days of becoming a CFO – the importance of delivering bad news promptly and transparently. He confessed that he initially focused more on the positives, but with time, he realized the significance of owning up to the negatives. This, he believes, is a surefire way to gain credibility.
CFO News
DECEMBER 5, 2023
Banks have again approached the Reserve Bank of India (RBI) to request an extension in the deadline for classifying non-performing accounts as wilful defaulters, according to sources familiar with the matter. In September, the RBI had initially given banks six months to comply with the draft rules titled 'Framework for Compromise Settlement and Technical Write-offs' regarding the treatment of wilful and large defaulters.
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.
Barry Ritholtz
DECEMBER 5, 2023
My Two-for-Tuesday morning Vegas reads: • The U.S. Economy Is Booming. Or Stagnating? The Mystery of the Missing Interest. The latest estimates of domestic income and domestic product are alarmingly inconsistent. The gap is mostly attributable to the bizarre (alleged) decline in net interest paid by businesses. ( The Overshoot ) see also How Does a Person’s Lived Experience Tell them the Local Economy Is Good, but the National Economy Is in the Tank?
CFO News
DECEMBER 5, 2023
Adani Green Energy announced securing a $1.36 billion senior debt facility, its largest project financing yet under the Construction Financing Framework. This enhances the total funding to $3 billion since March 2021. The funding, backed by a consortium of international banks, supports AGEL's pivotal Renewable Energy Park development in Gujarat's Khavda, emphasizing its strategic significance.
CFO News
DECEMBER 5, 2023
Providing an insight into DBS Bank India's renewable thrust into financing for the small and medium enterprises sector, Rajat Verma, head of institutional banking, DBS Bank India, cited the need for suppliers to benefit from this type of financing. He also stressed on the focus areas for the lender.
CFO News
DECEMBER 5, 2023
The muted hiring outlook is the result of a weak demand scenario and companies will be focusing on utilising the capacity in the past and improving the overall utilisation levels, the agency said.
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