Generative AI hits 28% usage rate, spreads throughout US workplace: NBER
CFO Dive
OCTOBER 3, 2024
By March generative AI’s most common tools had been accessed more than 3 billion times by hundreds of millions of users every month.
CFO Dive
OCTOBER 3, 2024
By March generative AI’s most common tools had been accessed more than 3 billion times by hundreds of millions of users every month.
CFO Talks
OCTOBER 3, 2024
Identifying Types of Fraud in Organisations Fraud can strike any organisation, regardless of size or industry, and its impacts can be severe ranging from financial losses to reputational damage. For CFOs, identifying and mitigating fraud is crucial to safeguarding the organisation’s assets and maintaining stakeholder trust. This article provides an in-depth look at the common types of fraud in organisations, how to spot them, and actionable tips on prevention. 1.
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CFO Dive
OCTOBER 3, 2024
The proposed update to the Uniform Accountancy Act is a key step toward opening a path to CPA licensure that requires fewer college credits.
Tips Watch
OCTOBER 3, 2024
Newspaper companies once had a near-monopoly on local advertising. But the best businesses have to keep adapting. By David Enna, Tipswatch.com Today, after 38 1/2 continuous years, I let my subscription to the printed Charlotte Observer expire.
Speaker: Melissa Hurrington
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
CFO Dive
OCTOBER 3, 2024
The move comes amid speculation that OpenAI may be considering an initial public offering and as its CFO has been actively touting the company’s strategy.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
Barry Ritholtz
OCTOBER 3, 2024
I used to spill a lot of ink about how terrible the Harvard Endowment was, especially their heavy overweight in Hedge Funds. I stopped not because they got any better, but simply due to the annual performance disaster was boring to keep writing about. Worse still, this was a self-inflicted wound, caused by irate alumni upset at how much the Harvard Management Company (aka The Endowment) was paying their outperforming staff: “Let’s start with Dr.
Future CFO
OCTOBER 3, 2024
As CFOs are faced with the critical role in crafting a clear sustainability reporting plan that not only meets compliance requirements but also drives value, it is essential for finance leaders to fully understand the main areas where their organisations need to focus. According to a Deloitte report, organisations must look into various areas including people, processes, and data to evolve their reporting capability.
CFO Share
OCTOBER 3, 2024
As the US trade war with China enters its 7th year, hundreds of businesses are looking to nearshore labor as a growth solution. Nearshoring is an attractive strategy for businesses looking to optimize costs while maintaining quality. Hiring in low-cost countries near the United States offers the expense reduction of offshoring with fewer logistical challenges from time zones and cultural differences.
Bank of the West
OCTOBER 3, 2024
On September 18, the U.S. Federal Reserve announced its first interest rate cut in more than four years, following a historic period of rising rates to target inflation. You might… Read more The post BMO experts: what a changing interest rate environment means for you appeared first on About BMO.
Speaker: Yohan Lobo
In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.
Nerd's Eye View
OCTOBER 3, 2024
"Building in public" is a common piece of advice for tackling new challenges – whether launching content, starting a business, or setting personal or professional goals – as public commitment fosters accountability and motivation, tapping into the human desire to avoid embarrassment. While this approach can be effective, it ultimately poses its own difficulties; for example, when stakes are public, advisors may feel pressured to endlessly perfect their offerings and over-commit their
CFO News
OCTOBER 3, 2024
In September, India's Services PMI fell to 57.7 from 60.9 in August, marking the slowest growth since November 2023 (56.9). Export demand weakened, with growth at its lowest pace in 2024. Input cost inflation rose, while the increase in selling prices slowed to a two-and-a-half-year low. Despite these pressures, domestic demand remained robust, and employment continued to rise.
CFO Thought Leader
OCTOBER 3, 2024
Growth Imperatives in Focus : Inside the mentoring Round CFO Sandeep Aujla of Intuit shares key strategies for platform growth—customer expansion, breakthrough adoption, and a “better together” approach. It’s all about delivering more value across the platform, Aujla explains. 1,016: When Career Years Are Investment Years | Sandeep Aujla, CFO, Intuit The post The Power of Platform Growth: CFO Sandeep Aujla’s Formula for Intuit’s Expansion appeared first on CFO THOUGHT LEA
CFO News
OCTOBER 3, 2024
Iran, as a key OPEC member and a major player in the global oil market, holds substantial sway over oil prices. The deepening Israel-Iran conflict is set to heighten geopolitical tensions, further unsettling economies worldwide, including India.
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Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.
CFO News
OCTOBER 3, 2024
Union Minister Piyush Goyal emphasized that India will not permit multi-brand retail, as it would harm local mom-and-pop stores. He underscored India's openness to other economic reforms, allowing full foreign ownership in sectors like defense and space, with some safeguards to prevent money laundering.
CFO News
OCTOBER 3, 2024
In just 4 trading sessions, Sensex dropped over 3,300 points as FIIs pulled out nearly Rs 32,000 crore from D-Street. China's market appeal and growing fears over the Iran-Israel conflict have spooked global investors. With concerns over high valuations as retail investors remain confident across price points, there is rising uncertainty about a potential market crash during the festive season.
CFO News
OCTOBER 3, 2024
Finance Minister Nirmala Sitharaman stated that India's per capita income is projected to increase by $2000 in the next five years. She highlighted the young demographic, which drives consumption growth, and noted the maturity in India's innovation and financial sectors as catalysts for future economic growth.
CFO News
OCTOBER 3, 2024
CK Birla Healthcare, part of the CK Birla Group, aims to raise around $150 million by selling a minority stake. Funds will be used for expansion and debt reduction. The healthcare arm, featuring multiple hospitals and IVF centers, recorded a 34% revenue growth in FY24.
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Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.
CFO News
OCTOBER 3, 2024
The collaboration aims to drive the widespread use of Generative AI (GenAI) in both enterprise and public services, positioning India as a leader in digital innovation.
CFO News
OCTOBER 3, 2024
This represents an 18 per cent year-on-year (YoY) increase from 16.1 mn sq ft in Q3 2023. The report highlights a strong year-to-date performance, with 53.7 mn sq ft of leasing recorded in the first nine months of 2024--27 per cent higher than the same period last year.
CFO News
OCTOBER 3, 2024
A ministerial panel on GST is considering reducing rates on essential items like medicines and tractors to 5%. Health and term insurance may also see lower rates. The panel, led by Bihar deputy CM Samrat Chaudhary, will finalize these decisions soon. Revenue implications and the number of slabs are key considerations.
CFO News
OCTOBER 3, 2024
C Rangarajan emphasizes the need for stricter fiscal laws to manage deficits and debt, and highlights the importance of boosting investments and improving capital efficiency. He advocates for higher infrastructure investments and better banking practices to support India's economic growth beyond the middle-income threshold.
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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.
CFO News
OCTOBER 3, 2024
Immediate support is seen at 25,000, followed by 24,750, while 25,500 is expected to act as the immediate resistance. Traders should closely monitor these key levels, as a break below support could trigger further downside, while resistance at 25,500 may cap any short-term recovery attempts, said Hardik Matalia of Choice Broking.
CFO News
OCTOBER 3, 2024
The ongoing Iran-Israel conflict is expected to benefit India's exports of cut and polished diamonds due to a decrease in Israeli shipments. However, rising oil prices may harm the global economy, potentially affecting demand. India's diamond exports were down 20% in the initial months of fiscal 2025.
CFO News
OCTOBER 3, 2024
Generative AI is the prime mover of the current wave of technological change and companies leveraging on AI can make remarkable profits up to 20%.
CFO News
OCTOBER 3, 2024
NFRA said it has observed gross negligence and audit failure in audits of group financial statements.
Speaker: Susan Richards
Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.
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