Tue.Nov 19, 2024

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Top Audit Readiness Challenges and How to Overcome Them

E78 Partners

Audit season presents a set of unique challenges for private equity-backed companies, particularly those that must balance the expectations of investors with the demands of compliance. Here are four of the most common audit preparation obstacles and practical ways to overcome them, based on client experience supporting finance teams through efficient and streamlined audits.

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C-suites vie for shrinking pool of experienced CFOs: Russell Reynolds

CFO Dive

There’s a growing “agnosticism” surrounding the age of finance chiefs as the supply of experienced CFOs grows more constricted, Russell Reynolds’ Jenna Fisher said.

Finance 253
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Trending Sources

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Curb your debts to prepare for the next pandemic, Raghuram Rajan tells US

CFO News

Former RBI Governor Raghuram Rajan has warned against high public debt. He says countries like the US are vulnerable to future crises. Rajan suggests reducing debt to create a buffer. He spoke at the Bancor prize award ceremony in Rome. He also advocated for reforming global institutions and increasing trade.

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Spirit Airlines cleared $5.4M in retention awards before bankruptcy

CFO Dive

The budget airline’s CEO will receive a $3.8 million retention payment while its CFO will get $175,000, according to an SEC filing.

Budgeting 273
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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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EY: financial controllers need support to harness technology

Future CFO

Although there is clear recognition that the role of the financial controller is in flux, and despite the adoption of data insights and artificial intelligence, the finance professionals need more support to fully harness the power of emerging technologies. This is the findings of a recent study by EY, which polled more than 1,200 financial controllers across 28 countries and territories, revealing that only 28% of respondents ranked searching for opportunities to use technology as one of the to

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Abacum FP&A Reviews

The Finance Weekly

Overview of Abacum Abacum is one of the newer FP&A solutions on the market and was founded in 2020 by Julio Martinez and Jorge Lluch Valdecasas. They were both CFO's who saw a big gap in midmarket companies' financial planning, as the amount of data and reporting needs are always growing, while the tools to help with that weren't keeping up.

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AI’s coming for finance jobs, CFOs expect: Datarails

CFO Dive

Finance chiefs expect AI to shrink the number of roles in the finance function by 2026, Datarails found in a survey.

Finance 180
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Southeast Asia's IPO market poised for rebound in 2025

Future CFO

The future of the initial public offering (IPO) market in the Southeast Asian region comes with expected interest rate cuts alongside easing inflation may create a more favourable environment for IPOs in the years ahead, according to Deloitte. "Southeast Asia’s strong consumer base, growing middle class, and strategic importance in sectors like real estate, healthcare, and renewable energy remain attractive to investors," says Hwee Ling Tay , accounting & reporting assurance leader at Deloit

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#FASuccess Ep 412: 3X’ing The Business With No More Than 50 Great Clients By Hyperfocusing On Who You Can Add The Most Value For, With Anjali Jariwala

Nerd's Eye View

Welcome everyone! Welcome to the 412th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Anjali Jariwala. Anjali is the Founder of FIT Advisors, an RIA based in Torrance, California (but works virtually with clients nationwide) and oversees $65 million in assets under management for 45 client households. What's unique about Anjali, though, is how she has tripled her annual revenue from $250,000 to $750,000 during the past 6 years, while only adding a net of 10 cli

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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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Critical Thinking: The CFO’s Secret Weapon in an Uncertain World 

CFO Talks

Critical Thinking: The CFO’s Secret Weapon in an Uncertain World South Africa’s economy is anything but predictable, with CFOs often finding themselves at the intersection of financial stewardship and strategic leadership. In a country where economic disparities, regulatory shifts, and global influences constantly reshape the business environment, one skill stands out as indispensable: critical thinking.

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Rupee resilient despite FII outflows, India's contribution to world market cap grows

CFO News

India's strong macroeconomic fundamentals - robust GDP growth, controlled inflation, managed twin deficits and record foreign reserves - have kept the rupee resilient despite foreign institutional investor (FII) outflows, a report showed on Wednesday.

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Transcript: Colin Camerer on Neuroeconomics

Barry Ritholtz

The transcript from this week’s, MiB: Colin Camerer on Neuroeconomics , 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 Riol on Bloomberg Radio Barry Ritholtz : This week on the podcast.

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Solar energy generation cost to drop by 60 pc by 2050, will create 27 mn green jobs: ISA

CFO News

Driven by increasing demand and scalability, Solar energy generation costs are likely to drop by 40-60 per cent by 2050, according to a report by the International Solar Alliance (ISA).

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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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Trump’s DOJ pick has backed tough antitrust actions against big tech

CFO Dive

Even if the controversial nominee is confirmed, it’s not yet clear if his “surprising” antitrust positions will be adopted in the Trump administration, analysts said.

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India uniquely positioned to capture 35-50% of global CIH market: BCG

CFO News

Sreyssha George, Managing Director & Partner at BCG, says that global capability and innovation hubs’ spend is currently estimated at $265-290 bn and is expected to grow to $390-420 bn by 2027.

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Mayank Bidawatka's venture Billion Hearts secures USD 4 mn seed funding

CFO News

Mayank Bidawatka's Billion Hearts Software Technologies has secured USD 4 million in seed funding. Blume Ventures, General Catalyst, and Athera Venture Partners led the round. This follows a recent USD 250,000 angel funding round. Billion Hearts is developing a global digital consumer product, with a beta launch planned in the coming months.

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Quick commerce taps identity verification companies to curb frauds amid ramp-up

CFO News

Gig economy workers have always been required to submit identity documents before joining a platform. But companies such as Swiggy, Zepto, Blinkit and Zomato are now increasingly collaborating with ID verification firms that utilise advanced technology to authenticate these documents and assess applicants’ behavioural patterns during their assignments.

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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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India advocates for equitable climate action, calls for free flow of technology and finance

CFO News

Delivering the national statement at the high-level segment of CoP29 of the UN Climate Change Conference, Union Minister of State for Environment, Forest and Climate Change, Kirti Vardhan Singh emphasized the need for collective action under the principles of the UNFCCC and Paris Agreement.

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India faces potential summer shortage of ACs, fridges due to BIS refusal of Chinese suppliers

CFO News

India may have a shortage of air conditioners and refrigerators by summer 2025. The Bureau of Indian Standards has not recertified over 50 component suppliers in China and Vietnam. This decision aims to promote local manufacturing. The appliance industry relies on imports for essential parts like compressors and motors.

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Ecommerce firms should respect law of land: Piyush Goyal

CFO News

Commerce Minister Piyush Goyal reiterated that e-commerce companies must comply with the nation's FDI regulations. Goyal's statement follows recent investigations into alleged violations by major e-commerce platforms. Current regulations permit 100% FDI in the marketplace model, prohibiting foreign investment in inventory-based models.

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ETCFO NextGen: India Inc CFOs, business leaders and experts to deliberate on future of finance

CFO News

What kind of difference NextGen can make in a CFO's dashboard? Since this question is top on the list of the CFO community, ETCFO is launching its first edition of NextGen conclave. Shiv Shivakumar, former India Chief of Pepsico and Nokia and management thinker, leading CFOs of India Inc and industry experts will participate in the first ETCFO NextGen event on Thursday in Mumbai.

CFO 40
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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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Frame standard protocol for vehicle seizure in case of loan default: RBI to Banks

CFO News

The Reserve Bank of India and banks are developing a standard procedure for vehicle seizures when borrowers default on loans. This initiative follows reports of forceful vehicle seizures, including cargo. Banks are internally advising recovery teams to adhere to RBI guidelines. The government emphasizes that borrowers should not face harassment during loan recovery.

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Industrial corridors helping India become global manufacturing powerhouse: DPIIT

CFO News

Spread across key regions in India, each corridor was strategically designed to integrate industry and infrastructure, establishing world-class connectivity that supports rapid industrialisation.

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Havells India to invest Rs 480 cr on new refrigerator manufacturing plant in Rajasthan

CFO News

Havells India Ltd announced a Rs 480 crore investment to establish a refrigerator manufacturing facility in Ghiloth, Rajasthan. The plant, with a proposed capacity of 14 lakh units, is expected to be operational by the second quarter of FY27. The company aims to leverage backward integration and economies of scale through this investment, funded by internal accruals.

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Public procurement norms may be tweaked to aid makers under PLI

CFO News

The govt is considering changes to its public procurement rules to benefit manufacturers participating in PLI schemes. One proposal being evaluated is granting deemed local supplier status to companies that contract manufacturing to PLI beneficiaries. This move aims to boost domestic production and provide greater market access to PLI participants in government procurement.

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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.