Wed.May 15, 2024

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Inflation cools, reassuring Fed after unexpectedly hot gains in Q1

CFO Dive

The yield on the benchmark 10-year Treasury note fell on investor speculation that slower inflation will prompt the Fed to sooner cut borrowing costs.

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April inflation matches expectations; markets celebrate

Tips Watch

Both all-items and core inflation increased 0.3% in April, as predicted. By David Enna, Tipswatch.com After three months of higher-than-expected inflation, U.S. prices in April increased on target, setting off a euphoric mood in the stock and bond markets.

Marketing 101
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Companies are choosing leaner operations over price hikes: BCG

CFO Dive

Passing on cost increases to inflation-weary consumers is challenging, but not raising prices carries its own risks.

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DoL’s Retirement Security Rule & PTE 2020-02 Amendment: What Advisers Need to Know Now About Giving Rollover Advice After Sept 23, 2024

Nerd's Eye View

On April 25, 2024, the Department of Labor (DoL) issued the final version of its Retirement Security Rule (the "Final Rule"), which imposes an ERISA fiduciary standard "that applies uniformly to all investments that retirement investors may make with respect to their retirement accounts ". The new rule represents the latest attempt by regulators to define the types of individuals and advice that are subject to a fiduciary obligation, following on the heels of the SEC's Regulation Best Interest (

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The Growth Architect: How Financial Leaders are Unlocking Potential

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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Northrop Grumman names new CFO in leadership shakeup

CFO Dive

The transition comes on the heels of some volatility in the defense industry giant’s financial performance.

More Trending

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Govt looks to change base year for major economic gauges to FY23, revamp of key datasets also being planned

CFO News

The base year provides a reference point for measuring changes in economic variables and comparing relative performances of indicators over time. For instance, real gross domestic product (GDP) growth is currently calculated with reference to FY12 prices.

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ION-owned LIST connects FastTrade electronic trading system to the Luxembourg Stock Exchange

Reval

London – 15 May 2024: LIST, an ION company, today announces that it. The post ION-owned LIST connects FastTrade electronic trading system to the Luxembourg Stock Exchange appeared first on ION.

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DHFL bank loan case: Dheeraj Wadhawan moves court for bail after his arrest

CFO News

Former DHFL director Dheeraj Wadhawan seeks bail on medical grounds after arrest by CBI in bank loan fraud case. Bail plea listed on May 18 at Rouse Avenue Court. Directed for physiotherapy and medical care in jail. Previously granted protection by Bombay High Court.

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Best Investment Banks and Sustainable Finance Awards Ceremony 2024

Global Finance

Global Finance held its 25th annual Best Investment Bank and the Sustainable Finance awards at Searcy’s in London on April 30th. The awards ceremony brought together attendees from across the globe at the iconic Gherkin on St. Mary’s Axe in the heart of the City of London. Societe Generale was awarded the World’s Best Bank for Sustainable Finance and clickthrough for highlights from a fantastic evening celebrating the institutions pushing the agenda for sustainability financing and investment ba

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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Tomorrow's success hinges on CFO's ability to anticipate and leverage opportunities, says Kaushik Sarkar, Bosch Global Software Tech

CFO News

Kaushik Sarkar, CFO at Bosch Global Software Technologies, highlights how technology is reshaping CFO roles, making them vital strategic advisors. He emphasizes their crucial role in navigating today's complexities and preparing for tomorrow's challenges to drive sustainable growth.

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New Recurring Revenue Solutions in the Global Semiconductor Industry

Bramasol

" In recent years, the semiconductor industry has experienced a roller coaster ride of widely swinging changes in both challenges and opportunities. During the pandemic, the mass movement to work-from-home scenarios and heavy reliance on networked applications drove demand up at the same time that global supply chains were severely disrupted. Then, in the past two years, the meteoric rise of artificial intelligence with generative-AI applications popping up seemingly everywhere has been driving

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India overtakes Australia, Japan and Singapore in data centre capacity, gets $40 billion funds

CFO News

India has emerged as the data center leader in the Asia-Pacific region (excluding China), surpassing countries like Singapore, Australia, South Korea, Japan, and Hong Kong in installed capacity. With 950 MW of installed capacity and an expected addition of another 850 MW by 2026, India is set to solidify its position in the data center business. The country's favorable market conditions are attracting multinational corporations seeking to expand their digital services.

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Chartis Research ranks ION Commodities as a leading technology provider for energy markets for the fourth time in a row

Reval

London – 28 February 2024: ION Commodities, a global leader in energy and. The post Chartis Research ranks ION Commodities as a leading technology provider for energy markets for the fourth time in a row appeared first on ION.

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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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Exports up 1% in April, yet trade gap widens

CFO News

India's goods exports grew 1.06% to $34.99 billion in April, with a trade deficit of $19.1 billion fueled by increased gold imports. Switzerland replaced Russia as a key import source. Challenges include rising petroleum imports and ongoing FTA discussions with the UK.

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ION Markets – Bond Launch

Reval

ION Markets – Bond Launch The post ION Markets – Bond Launch appeared first on ION.

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Hotels up hiring game: About 100,000 jobs likely to be created in 12-18 months

CFO News

Hotels across segments are ramping up their workforce as they are adding more rooms and entering new markets amid a strong pickup in business and leisure travel. The jobs they are recruiting for are a mix of permanent, temporary and gig, said Balasubramanian A, vice president and head of consumer, hospitality and ecommerce at TeamLease.

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ION Markets – Bond Launch

Reval

ION Markets – Bond Launch The post ION Markets – Bond Launch appeared first on ION.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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16 best cash flow management software for busy finance teams [in 2024]

Cube Software

These are our top picks for the best cash flow management software tools for finance and FP&A teams looking to manage cash flow and make forecasts in 2023.

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Beyond automation: exploring the potential of hyperautomation

Jedox Finance

Hyperautomation is at the forefront of digital transformation, reducing workloads and eliminating uncertainty in planning and analysis. It’s a combination of technologies that can be used to automate processes under a unified system. Hyperautomation isn’t just about automation; it’s about hyper-speed, hyper-efficiency, and hyper-scalability. What is hyperautomation?

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The power of finance statistics: how to use data to propel your company forward

Cube Software

Data in modern finance: why is it important? In finance, data is the foundation of strategic decision-making. Financial statistics provide a clear picture of where your company stands and where it can go, informing everything from budget allocations to risk management and investment strategies.

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Clover Infotech appoints Harsh Jain as Chief Financial Officer

CFO News

Harsh brings over two decades of extensive experience and proven expertise in corporate finance. He joins the role from his previous position as Vice President of Finance at Clover Infotech.

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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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Varun Beverages appoints Rajesh Chawla as new CFO

CFO News

Rajesh Chawla named as the new successor of Lalit Malik in CFO role for Varun Beverages Limited.

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Centre used capex to build quality infrastructure: FM Nirmala Sitharaman

CFO News

Sitharaman said the share of capex in overall expenditure went up to over 21% in 2023-24 as against just 12% in 2013-14 during the UPA regime, when infrastructure development remained grossly neglected.

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Jindal Stainless eyes 20% volume growth in FY25, to spend over Rs 5,000 crore on capex

CFO News

The country’s largest producer of stainless steel sold 2.17 million tonne of stainless steel in 2023-24 (Apr-Mar), a growth of 23%, surpassing the company’s guidance of 20% for the year.

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India slashes windfall tax to Rs 5,700 per tonne, effective May 16

CFO News

The Centre reduced windfall gains tax on domestically produced crude to Rs.5700 per tonne from Rs 8,400 per tonne, effective May 16, 2024. Export duty on petrol, diesel, and ATF remains nil. The new rates were announced by CBIC in a late-night notification on Wednesday, following the revision of rates on May 1.

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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.