CFO News
OCTOBER 22, 2023
Finance heads are focused on continuous monitoring, proper classification and correct accounting of legal spending. CFOs are also utilizing technology and automation for effective compliance which eventually leads to reduction in legal spending. ETCFO delves into how CFOs are strategizing to manage legal cost?
Future CFO
OCTOBER 22, 2023
BlackLine recently announced new features to make finance transformation more efficiently. The company has added Microsoft Teams integration and introduced new capabilities to its Microsoft Dynamics 365 (D365) Connector to enable finance transformation, allowing users streamline and optimise key finance and accounting processes and close the books faster.
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CFO News
OCTOBER 22, 2023
Aneel Gambhir says FY24 margins will be much better than the previous year, and closer to FY22.
CFO Thought Leader
OCTOBER 22, 2023
Back in 2020, the call that longtime General Electric veteran Ana Chadwick accepted from a recruiter would prove to be the one solicitation in a career’s worth of such outreaches that would ultimately result in an executive search fee. Still, while Chadwick would be a prize placement for any headhunter, it is clear that this career segue for her would represent something significantly substantive both for the company that she would be joining and the one that she would be leaving behind.
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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Future CFO
OCTOBER 22, 2023
Cloud accounting is rapidly gaining popularity among chartered accountants as digital technology advancements and the growth of cloud computing continue in today's world, posing opportunities for companies for innovation. Cloud computing is the gathering of resources including computer power and memory to tailor them to each user’s needs. These resources are shared among different users but kept separate.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
Future CFO
OCTOBER 22, 2023
Asia continues to fuel global growth, but economic momentum is slowing. Risks to the outlook are more balanced now, but policymakers must stay the course to ensure continued growth and stability. The post Oct 2023|Regional Economic Outlook for Asia & Pacific appeared first on FutureCFO.
CFO News
OCTOBER 22, 2023
Multinational companies based in the Netherlands, Switzerland, and France may face retrospective tax demands of around ₹11,000 crore on dividend income repatriated from India. This follows a Supreme Court ruling stating that the lower 5% withholding tax on dividend income is not applicable to all OECD countries on a most favoured nation (MFN) basis.
Barry Ritholtz
OCTOBER 22, 2023
Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • Stress is weathering our bodies from the inside out : Physicians and public health experts have pointed to one culprit time and again when asked why Americans live shorter lives than peers in nations with similar resources, especially people felled by chronic diseases in the prime of life: stress. ( Washington Post ) • How the Palestinian Authority Failed Its People : Make Palestinian governance better in
CFO News
OCTOBER 22, 2023
The digital lending industry in India is expecting a quick rebound in business during the festive season. Fintech lenders are well-prepared to meet the heightened credit demand, with stronger and profitable balance sheets. Digital lending platforms anticipate an average increase of 15-20% in disbursals during the festive period.
Advertiser: Paycor
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CFO News
OCTOBER 22, 2023
The company aims to address supply chain issues, route-to-market changes, and administrative hurdles that have impacted its growth. United Breweries plans to invest ₹350 crore in capital expenditure and is seeking to ease barriers in the business by engaging with key stakeholders. The company, along with AB InBev and Carlsberg, controls 90% of India's beer market, with AB InBev gaining market share in recent times.
CFO News
OCTOBER 22, 2023
IT Earnings: For the country’s fourth-largest IT services provider Wipro, growth numbers are down to their FY99 levels.
CFO News
OCTOBER 22, 2023
​ET analysed the median salaries for male and female employees disclosed by Nifty50 constituent companies. Of the 50 companies, 43 disclosed this data in their FY23 annual reports. The median male salaries were higher than median female salaries in 31 of these companies. The median female salaries were, on average, 9.2% lower than the median male salaries.
CFO News
OCTOBER 22, 2023
The Finance Ministry will consider capital infusion in three public sector general insurance companies based on their financial performance. The infusion, if needed, will be made in the fourth quarter of the current financial year. The companies have been asked to improve their solvency ratio and meet the regulatory requirement of 150%.
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
CFO News
OCTOBER 22, 2023
Hindustan Zinc Ltd is planning to propose a demerger to its board within the next four to six weeks. The company's board had previously directed it to explore a corporate restructuring to create three separate entities for its lead and zinc, silver, and recycling businesses. The formation of these companies and the distribution of cash and debt will be based on recommendations from consultants.
CFO News
OCTOBER 22, 2023
PwC India said 112 organisations from diverse industries, such as telecommunications, industrial products and manufacturing, financial services, banking and capital markets, automotive, education, healthcare, and pharmaceuticals, were surveyed. "The continuous and relentless waves of changes have pushed corporates, especially in India, to recognise and act upon the pressing need for strategic resilience," the study said.
CFO News
OCTOBER 22, 2023
After two days of intense bidding, Adani Power emerged as the winner late Saturday evening, said two people with knowledge of the matter. Jindal Power, the other bidder in the fray, quit the race, they added. The interest in Coastal Energen, undergoing corporate insolvency, is mainly because it is among a few operational power plants for sale.
CFO News
OCTOBER 22, 2023
NLC India, a Navratna public sector company, has established a wholly-owned subsidiary called NLC India Green Energy (NIGEL) to focus on renewable energy projects. NIGEL aims to expand the renewable power generation capacity and plans to establish projects with a capacity of 6 GW by 2030. The company will develop projects in various parts of the nation and will also explore opportunities in battery energy storage systems.
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.
CFO News
OCTOBER 22, 2023
Toyota Motor is urging the Indian government to reduce taxes on hybrid vehicles by up to 20% as they are less polluting than petrol cars but do not receive the same policy treatment. The company is planning to increase production capacity to meet the growing demand for hybrids in India. However, the government has been focused on promoting electric vehicles (EVs) and has offered incentives to companies to produce EVs and batteries.
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