Future CFO

JUNE 13, 2024

Twenty-nine percent of companies feel ready to have their ESG data independently assured, according to a recent study by KPMG. The data, which reflects an increase of only a fraction from nine months ago, come despite fast-approaching and evolving regulatory deadlines to report on ESG. KPMG’s annual ESG Assurance Maturity Index is based on responses from 1,000 senior executives and board members at organisations across industries, global regions and revenue sizes, classifying them into Leaders (

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Auditing Compliance Numbers Marketing 52

CFO Dive

JUNE 13, 2024

Like crypto rules FASB recently finalized, the environmental credit accounting standards would provide specific guidance where GAAP is currently silent.

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GAAP Accounting Standards Accounting 290

Barry Ritholtz

JUNE 13, 2024

@TBPInvictus here A few days ago, Barry and I detailed how unscrupulous bad actors had taken Not Seasonally Adjusted data to falsely claim that California’s new $20/hour minimum wage had cost the state almost 10,000 quick-serve restaurant (QSR) jobs. I wrote: It appears to me that the Journal got that number from BLS. However, BLS only offers the series without seasonal adjustment; this makes a very meaningful difference.

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Economics Numbers 121

CFO Dive

JUNE 13, 2024

The fintech plans to continue its strategy of reducing prices for its customers, which is reflected in its forecast, interim CFO Kingsley Kemish said.

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Planning Forecasting CFO 265

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

Investments

Global Finance

JUNE 13, 2024

Head of Commercial Bank in North America at Citi discusses the company’s reorganization of its banking lines with Global Finance. In mid-September, Citi CEO Jane Fraser announced a comprehensive reorganization of the banking giant. Part of the simplified operations model included putting its commercial banking, corporate banking and investment banking businesses under one Banking business line.

Foreign Exchange 105

Foreign Exchange Banking Sales Startups 105

Bramasol

JUNE 13, 2024

With Sapphire now behind us, it is a great time for this Insights series to provide a quick overview of all the AI-related new initiatives from SAP and strategic partners that were announced and/or spotlighted during the event. While each announcement is significant in its own right, the really big story is how all of these pieces are creating a comprehensive fabric of AI-capabilities woven throughout the SAP S/4HANA Cloud-based ecosystem.

SAP 86

SAP Leverage Technology Manufacturing 86

Nerd's Eye View

JUNE 13, 2024

As the financial advice industry continues to move toward providing full-blown professional services rather than focusing primarily on product sales, advisory (advicery?) firms are increasingly experiencing similar stages of growth in their practices. From the initial stage of onboarding their first clients to the point of hitting a capacity wall and deciding whether to increase their headcount, and later to a threshold where an ensemble business eventually becomes an enterprise, advicers face m

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Prioritization Communication Sales Numbers 75

Future CFO

JUNE 13, 2024

Accelerated enterprise artificial intelligence spending and adoption is on the horizon, and chief financial officers will be responsible for effectively managing the costs and common problems — including cost overruns, misuse in decision making, loss of trust and rigid mindset — associated with how organizations use this transformative technology. Gartner VP Analyst Nisha Bhandare and Senior Director Analyst Clement Christensen discuss a comprehensive framework to categorise AI initiatives acros

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CFO Leadership Technology 52

CFO Plans

JUNE 13, 2024

“`html Strategic Partnerships with Fractional CFO Services In today’s fast-paced business world, companies of all sizes are on the hunt for ways to streamline operations, cut costs, and foster sustainable growth. One game-changing strategy that’s become increasingly popular is leveraging Fractional CFO services. These part-time financial experts provide strategic guidance without the hefty price tag of a full-time CFO, making high-level financial leadership accessible to all business

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CFO Tax Planning Manufacturing Leverage 52

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.

Accounting

CFO Selections

JUNE 13, 2024

Aesop’s fable about the race between the tortoise and the hare provides a story to show how a race is not always for the swiftest. In the business world, some companies are very focused on short-term financial results while others are managing for the very long-term time horizon. Some companies are working to improve their operations and financial results in order to sell the business in a few years, while others are building a business for the next generation of owners.

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CFO Leadership 52

CFO News

JUNE 13, 2024

SEBI also barred former PFS Managing Director (MD) and Chief Executive Officer (CEO) Pawan Singh from holding the position of director in any listed company for two years and fined him Rs 25 lakh.

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CFO Thought Leader

JUNE 13, 2024

Inside The Mentoring Round, CFO Erica Gessert emphasizes the importance for CFOs to rely on the best possible data sets for making informed decisions. CFO Gessert discusses the development of AI-enabled features to enhance the connection between clients and freelancers. 1,008: Managing Change and Ensuring Stability | Erica Gessert, CFO, Upwork The post The Mentoring Round | Erica Gessert, CFO, Upwork appeared first on CFO THOUGHT LEADER.

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CFO 52

CFO News

JUNE 13, 2024

Walmart sees financial services as a growth opportunity, with PhonePe and Flipkart driving monetisation prospects. A report by Bernstein Research suggests India's ecommerce market could double by 2025.

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CFO eCommerce Marketing 40

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.

Accounting

CFO News

JUNE 13, 2024

Offsites may never be the same again. Corporates across sectors such as banking, auto and insurance have loosened their purse strings for top performers, partners and distributors this season and are rewarding them with unique travel experiences, luxury watches and bags as well as catch-ups with Bollywood celebrities and other rewards. Travel, including trips with families, figures high on the rewards and incentives list.

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Banking 40

CFO News

JUNE 13, 2024

SBI Chairman Khara stated a growing demand for credit from corporates, with Rs 5 lakh crore loans in the pipeline, signaling a shift towards seeking credit for working capital and capacity expansion.

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CFO News

JUNE 13, 2024

The think tank suggested increasing the GST exemption limit for a firm's annual turnover from 40 lakh to 1.5 crore as this will be transformative for India's MSME sector, promoting job creation and growth. Firms with less than Rs 1.5 crore turnover make up over 80 per cent of registrations but contribute less than 7 per cent of the tax collected, it said adding a yearly turnover of 1.5 crore equals 12-13 lakh monthly turnover, translating to just Rs 1.2 lakh at a 10 per cent profit margin.

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CFO News

JUNE 13, 2024

The 53rd meeting of the GST Council is slated to convene on June 22, 2024, in New Delhi, following the inauguration of a new government. Previously, the 52nd Meeting of the GST Council took place on October 7, 2023, in New Delhi, with Union Finance & Corporate Affairs Minister Nirmala Sitharaman presiding as the chairperson.

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Finance 40

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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.

Reconciliations

CFO News

JUNE 13, 2024

The key body representing MSMEs has also sought the government’s intervention in protecting export-oriented MSMEs and tweaking trade policies to reflect the growing contribution of Asia to global GDP.

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CFO News

JUNE 13, 2024

Electric two, three, and four-wheelers are expected to be supported under the Faster Adoption & Manufacturing of Electric Vehicles (FAME) scheme, which could receive a budgetary allocation of about Rs 10,000 crore, people familiar with the deliberations told ET.

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Budgeting Manufacturing 40

CFO News

JUNE 13, 2024

The council may also take up recommendation of the fitment committee on inverted duty structure of 15 items, officials aware of the matter told ET. However, a broader process of rate rationalisation may be pushed for later, they said.

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CFO News

JUNE 13, 2024

Tata Consumer Products Ltd plans to diversify and expand into new FMCG categories, doubling capex to Rs 785 crore for FY25 with a focus on a new plant in Vietnam. Chairman N Chandrasekaran emphasized growth through acquisitions, particularly in health-oriented and food products, while investing in digital technology and advertising.

Advertising 40

Advertising Investments Planning Technology 40

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

Sales

CFO News

JUNE 13, 2024

The National Company Law Tribunal (NCLT) has directed edtech major Byju's to maintain status quo in its shareholding, pausing its controversial rights issue conducted at a 99% discount to its last peak valuation of $22 billion. Byju's faces a petition from investors in the NCLT and is restrained from proceeding with the rights issue. The matter will be heard next on July 4, and the tribunal has asked for details of Escrow bank accounts and US court actions.

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Valuation Accounting Banking 40

CFO News

JUNE 13, 2024

GST demand order: If you have received a GST demand order, you can either it pay it or file an appeal against it. However if GST officials believe that it is necessary to ask for early payment of the demand before the stipulated time period they can do so. However now they need to give a justifiable reason to do so.

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CFO News

JUNE 13, 2024

The global economy faces numerous geopolitical challenges, and India has a unique chance to make a significant impact, not just for the next 100 days but for years to come. This is our moment to realise the vision of 'Viksit Bharat'.

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Planning 40

CFO News

JUNE 13, 2024

Suraksha Group, which has taken control of Jaypee Infratech ltd (JIL) after approval from the appellate tribunal NCLAT last month, will delist JIL from stock exchanges.

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CFO 40

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.

Marketing