Tupperware flags accounting strains in late 10-K notice
CFO Dive
APRIL 1, 2024
The late notice comes roughly five months after Tupperware said its former independent auditor PricewaterhouseCoopers declined to be re-appointed.
CFO Dive
APRIL 1, 2024
The late notice comes roughly five months after Tupperware said its former independent auditor PricewaterhouseCoopers declined to be re-appointed.
CFO News
APRIL 1, 2024
India's FY 2023-24 GST collection crosses Rs 20.14 lakh crore, up by 11.7 per cent. March 2024 witnesses a significant surge, hitting Rs 1.78 lakh crore, marking the second-highest monthly collection.
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CFO Dive
APRIL 1, 2024
Investor enthusiasm for artificial intelligence may spur companies to go public in coming months, EY said.
Nerd's Eye View
APRIL 1, 2024
Welcome to the April 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news of an emerging wave of price increases from long-term AdvisorTech vendors like Orion and InvestCloud, which the companies are positioning as a necessary response to the impact of inflation on their underlyi
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
APRIL 1, 2024
The former CFO is required to pay restitution of $890,000 in addition to other penalties and may also face time in prison.
Corporate Finance Brief brings together the best content for corporate finance professionals from the widest variety of industry thought leaders.
CFO Dive
APRIL 1, 2024
Using a tech-enabled solution can help you scale your team, your revenue and your resources — better than traditional solutions.
CFO News
APRIL 1, 2024
Meta to establish its first data center in India at Reliance Industries campus in Chennai, enabling local content processing for Facebook, Instagram, and WhatsApp. The move aligns with the growing user base and ad revenue in India.
Future CFO
APRIL 1, 2024
Editor’s note: What is it like to work with finance leaders in driving growth against the backdrop of the ever-changing business landscape and macroeconomic environment? In today's A Day in the Life interview, Juvanus Tjandra (pictured), Partner, Advisory, KPMG in Singapore shares what excites him the most when working with finance leaders and what he has learned from interacting with them.
CFO News
APRIL 1, 2024
The Income Tax (I-T) department has deferred issuing final assessment orders on several foreign portfolio investors (FPIs) for the financial year 2021-22, seeking additional information from jurisdictions like Mauritius. While the assessment period ended on March 31, 2024, the tax office has invoked provisions to extend the deadline, indicating efforts to gather more facts.
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.
CFO Share
APRIL 1, 2024
What to Expect When You Hire an Outsourced CFO The thought of hiring an outsourced Chief Financial Officer (CFO) has been on your mind, perhaps driven by stalled growth and advice from your mentors. Yet, hesitation shadows your resolve, fueled by fears of wasted money, loss of control, and dependency on a seemingly detached contractor. If you are thinking about transitioning to an outsourced CFO , but are not completely sold on the idea, then let’s walk through a hypothetical situation and
CFO News
APRIL 1, 2024
Zepto eyes $300 million fundraise for $2.5-3 billion valuation, targeting Ebitda positivity with $1.2 billion sales. Blinkit's GMV surpasses $1 billion; Zomato holds $1.5 billion cash; Swiggy prepares for IPO.
The Charity CFO
APRIL 1, 2024
Implementing technology into your nonprofit accounting process can help solve a variety of issues—from tracking receipts to properly recording donations. In most cases, technology helps improve the efficiency and accuracy of nonprofit accounting. You’ll need to use the right technology systems to get these benefits. Known as a tech stack, building a comprehensive system from multiple tools is essential to successful technology use.
CFO News
APRIL 1, 2024
India is setting near, medium, and long-term goals to become a developed economy by 2047, focusing on electric mobility, digitisation of payments infrastructure, and high-speed expressways. Central ministries will soon finalize five-year budgetary requirements for better financial management. Key areas include extended producer responsibilities, electronic waste recycling, soil surveys, farm output increase, youth skilling, speedier production from auctioned mines, and increased manufacturing ou
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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
APRIL 1, 2024
Domestic consumption, demand across several sectors, government spending on public infrastructure, and healthy balance sheets helped in improving credit profiles, rating agencies said. Major rating companies have recorded more upgrades than downgrades, although the pace moderated sequentially.
CFO News
APRIL 1, 2024
Indian companies in FY24 showed a preference for the bond market over equities for fundraising. Privately placed corporate bonds reached Rs 9.77 lakh crore, while equity fundraising totaled Rs 1.26 lakh crore, with Rs 66,806 crore from QIPs.
CFO News
APRIL 1, 2024
Economists are optimistic about India's economy, forecasting a 7% growth in FY25 driven by improved manufacturing, farm activity, and robust urban demand. Some expect growth to reach 7.8%, emphasizing the need for meaningful job creation. Factors contributing to this outlook include government focus on capital expenditure, strong service sector momentum, and expectations of a broad-based recovery in rural demand due to a normal monsoon.
CFO News
APRIL 1, 2024
Abu Dhabi's Mubadala Investment Company plans to expand in India's healthcare sector, seeking deals in the $200-500 million range. With a focus on pharmaceuticals, outsourced pharma services, and medtech, Mubadala aims to deploy capital meaningfully in India. This move aligns with Mubadala's strategy to generate sustainable financial returns. They have made significant investments globally and are now looking to expand their presence in India's healthcare landscape.
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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
APRIL 1, 2024
The Reserve Bank of India (RBI) has implemented new guidelines on penal charges for loan accounts starting from April 1. These regulations prohibit commercial banks and finance companies from imposing penal rates on loan defaults or any non-compliance event. The guidelines aim to promote credit discipline and prevent banks from using penal charges as a revenue enhancement tool.
CFO News
APRIL 1, 2024
Ramani Dathi, CFO of Teamlease Services, calls for skill bridging solutions in manufacturing. She emphasizes formalization to boost productivity and address wage gaps between formal and informal sectors. Dathi further says that the main thing which we have seen is that wage inflation and formalisation are in direct proportion to each other.
CFO News
APRIL 1, 2024
Markets regulator Sebi on Monday launched the new version of SCORES in a bid to strengthen the investor complaint redressal mechanism by introducing auto-routing of complaints and monitoring such grievances by designated bodies.
CFO News
APRIL 1, 2024
"Given the rapid changes taking place in today's world, especially in the areas of technology, innovation, business practices and growing complexities in the financial sector, the Reserve Bank is constantly evaluating the emerging trends and taking necessary policy measures to remain in sync with the evolving situation," Shaktikanta Das said at the RBI's 90th commemoration function on Monday.
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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
APRIL 1, 2024
The RBI, established in 1935, operates as the country's central bank as per the recommendations of the Hilton Young Commission and governed by the Reserve Bank of India Act, 1934. Over the years, the RBI's responsibilities have expanded to include monetary management, financial system regulation, foreign exchange management, currency issuance, payment system oversight, and developmental functions.
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