CFO Dive

JANUARY 2, 2024

Indirect spend is an area that is perfect for radical automation — the kind that can deliver huge cost savings for a business, writes Globality’s Seth Catalli.

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CFO News

JANUARY 2, 2024

India's manufacturing sector sustained growth at 54.9 in December, an 18-month low. Despite this dip, softer increases in orders, controlled inflation and stable employment showcase resilience. Optimistic outlook prevails for the future.

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Manufacturing 134

CFO Dive

JANUARY 2, 2024

Financial executives expect solid business performance in 2024, forecasting on average 5% revenue growth and a 2.7% expansion in payrolls.

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Barry Ritholtz

JANUARY 2, 2024

I am popping out of book leave to share this single data point that snuck out over the holidays: The Federal Reserve Bank of Philadelphia’s State Coincident Indicators for November 2023. I like the SCI – its broad, consistent, and does not operate with too big of a lag. Over the past three months, the indexes increased in 25 states, decreased in 21 states, and remained stable in four, for a three-month diffusion index of 8.

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Manufacturing Banking Marketing 132

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.

CFO

CFO Dive

JANUARY 2, 2024

M&A activity could be on the verge of a rebound this year, with artificial intelligence playing a key role, analysts say.

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CFO Dive

JANUARY 2, 2024

The CFO shift comes as the company weathers rising operating costs for its fitness centers.

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CFO 278

Future CFO

JANUARY 2, 2024

Malaysia Aviation Group ’s (MAG) post-pandemic balance sheet is healthier than before COVID-19. The company reported a post-tax profit of RM1.146 billion for the fourth quarter of 2022, its best-ever quarter performance in the past two decades, according to its group chief financial officer Boo Hui Yee. The cash balance stood at RM4.6 billion at the end of December 2022, and the full-year net loss after interest and tax dropped 79% to RM344 million from RM1.65 billion a year ago.

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Restructuring Profit and Loss Transportation Currencies 98

CFO Dive

JANUARY 2, 2024

Kate Clune, who previously logged 16 years at Morgan Stanley, officially replaced Piper Sandler’s retiring CFO Tim Carter on New Year’s Day.

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CFO News

JANUARY 2, 2024

Even if a benami transaction had happened long before November 2016, when the new, amended statute came into force, the parties would face the wrath of the law today if the property or asset in question is still being 'held', according to a recent ruling.

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Advertiser: Paycor

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!

CFO Dive

JANUARY 2, 2024

The title insurance giant said the cyberattack is contained, but it is still working to determine whether the incident will have a material impact.

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CFO News

JANUARY 2, 2024

The Supreme Court will issue a verdict on petitions related to the Adani-Hindenburg row, alleging stock price manipulation by the Indian corporate giant. The court will deliver the judgement on up to four petitions, filed by lawyers Vishal Tiwari, M L Sharma, Congress leader Jaya Thakur, and Anamika Jaiswal. The pleas claimed that the Adani Group, close to the Modi government, inflated its share prices and the share value of various group entities fell sharply after the Hindenburg Research repor

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Marketing 59

Focus CFO

JANUARY 2, 2024

Each year we meet at our annual All-Hands meeting to learn, share best practices, celebrate our accomplishments, and recognize exemplary associates. Here are the recipients of our 2023 Sherpa Awards, recognizing Fractional CFOs who helped their clients navigate a successful climb up the mountain - and a successful exit! " The Sherpa Award is designed for CFOs who collaborate closely with clients.

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Bramasol

JANUARY 2, 2024

In today's fast-paced business environment, digital transformation has become a necessity rather than a luxury. Organizations are constantly seeking ways to evolve and stay competitive in the digital age. However, implementing digital transformation projects is not as simple as adopting new technology. It involves a complex process of redefining workflows, business models, and employee roles.

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SAP Communication Planning Technology 52

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

Driven Insights

JANUARY 2, 2024

We'll reveal how much part-time CFO services cost. And, yes, we'll use real dollar signs. You'll also learn what part-time CFOs actually do.

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CFO 52

CFO News

JANUARY 2, 2024

Adani Hindenburg Case Verdict: The Supreme Court has instructed SEBI to conclude its investigation into allegations against the Adani Group within three months. The court, led by Chief Justice DY Chandrachud, dismissed the notion of transferring the case to the CBI, emphasizing no grounds for skepticism in SEBI's actions. Adani faced volatility in 2023, accused by Hindenburg Research and OCCRP, but rebounded after the US government, and SEBI found allegations insignificant.

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Future CFO

JANUARY 2, 2024

Chief financial officers in the Asia-Pacific across various sectors such as financial services, life sciences and health care, manufacturing, public sector, TMT, energy and resources, and consumer business are generally optimistic and neutral about the regional economic outlook. This is the findings of Deloitte 's Asia-Pacific CFO Survey which asked 276 CFOs in the region in a bid to understand the challenges, priorities and ways they seek to navigate the years ahead.

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Economics Concentration CFO Invoicing 52

CFO News

JANUARY 2, 2024

As many as 28 companies intending to raise over ₹30,000 crore have received approval for IPO from Securities and Exchange Board of India (Sebi).

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Securities 52

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.

Accounting

Future CFO

JANUARY 2, 2024

IPOs in China are expected to maintain its pace in 2024 while the Hong Kong market would rebound when US interest rate hikes end and funds redirect to Asia, said Deloitte China recently. As of 8 December 2023, assuming announced listings complete before the end of the year, the Shanghai and Shenzhen stock exchanges are expected to have led the global IPO market in 2023 by funds raised, Deloitte China's Capital Market Services Group (CMSG) noted.

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Valuation Forecasting Numbers Marketing 52

CFO News

JANUARY 2, 2024

The award in the unlisted subsidiary ascribed its value in a band of Rs150-260 crore. Previously, proxy advisory firm InGovern had estimated the Esops awarded to Saluja in Religare Enterprises as well as its health insurance subsidiary Care Health Insurance to be worth Rs480 crore.

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Future CFO

JANUARY 2, 2024

With the fast pace of the world nowadays, financial leaders face challenges in maintaining and expanding revenue streams while contending with a growing shortage of skilled accountants. The talent gap is placing immense pressure on organisations to find innovative ways to manage their financial functions efficiently. It should be noted that companies of all sizes are turning to outsourcing to bridge the talent gap.

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CFO News

JANUARY 2, 2024

“Monetary policy transmission to bank lending and deposit rates has been stronger in this cycle compared to previous cycles” the Reserve Bank of India said In its latest Financial Stability Report.

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Banking 52

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 Thought Leader

JANUARY 2, 2024

More than any other human quality or characteristic, Brandon Nussey is known for his calm demeanor—or so Coveo’s finance leader tells us near the end of our discussion. It’s an observation that we’re not about to refute. After having spent 40 minutes in trying to identify just what it is that sets Nussey apart from his CFO peers, we had found his composure a trait to flag, even if he hadn’t ended up doing so himself.

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CFO Leadership Communication SAP 52

CFO News

JANUARY 2, 2024

The third-quarter results season will begin with TCS and Infosys announcing their results on January 11, followed by HCLTech and Wipro on January 12. The focus this quarter will be the commentary on the demand environment and 2024 budgets.

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CFO News

JANUARY 2, 2024

Hindustan Unilever Ltd (HUL), a leading FMCG maker, has received GST demands and penalties totaling Rs 447.5 crore from authorities in five states. The orders, received on December 30 and 31, 2023, include issues such as the disallowance of GST credit and taxation on expat salaries.

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CFO News

JANUARY 2, 2024

Torrent Power is likely to raise up to Rs 650 crore through the issuance of non-convertible debentures (NCDs). The company is considering issuing the NCDs in tranches of two years, three years, and five years, market sources said. Axis Bank and Barclays are likely the arrangers of the issue.

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Reconciliations