Wed.Jul 10, 2024

article thumbnail

Planning For Changes In Client Marginal Tax Rates After TCJA’s Sunset

Nerd's Eye View

The Tax Cuts and Jobs Act (TCJA), passed in 2017, was one of the most extensive pieces of tax legislation to be passed in the last 30 years, touching many aspects of individual, corporate, and estate tax. However, most of TCJA's provisions are set to 'sunset' at the end of 2025 – an event that would have at least as much impact as TCJA's initial passage.

article thumbnail

Fed will cut main rate before inflation falls to its 2% goal: Powell

CFO Dive

A decline in the Federal Reserve’s preferred inflation measure to 2.6% has prompted policymakers to focus more on the cooling job market, Fed Chair Jerome Powell said.

Marketing 278
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

At the Money: Investing Is Hard

Barry Ritholtz

Investing Is Hard with Brian Portnoy (July 10, 2024) Why is investing so hard? It’s because our brains have been trained, over thousands of years, to trust our fear instincts. In this episode, I speak with Brian Portnoy sits down with Barry Ritholtz to explain why humans aren’t built to be good investors. Portnoy has held senior investment roles throughout the hedge fund and mutual fund industries.

article thumbnail

ADM hires 3M CFO, signaling push for fresh start after accounting woes

CFO Dive

The grain trading giant’s financial reporting practices have been in the spotlight since January when it revealed an internal probe was underway.

article thumbnail

How Unify Turned Month-End Mayhem Into a Growth Party With Automation!

By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

article thumbnail

Gartner: growth remains top priority for CFOs

Future CFO

Sixty-two percent of chief financial officers see artificial intelligence to have the most significant impact on their industries in the next three years, according to a study by Gartner, Inc. The Gartner survey, which was conducted to look into senior business executive views on current business issues, as well as some areas of technology agenda impact , revealed that CFOs and CEOs are similarly aligned on growth, as both groups select it as their top business priority for 2024-2025.

More Trending

article thumbnail

MSMEs key to making India a leading electronics manufacturing destination: MeitY Secy

CFO News

The Micro, Small, and Medium Enterprises (MSME) sector can play a key role in making India a leading electronic manufacturing destination, S. Krishnan, Secretary, Ministry of Electronics and Information Technology (MEITy), said on Wednesday.

article thumbnail

Chipotle CFO Jack Hartung to retire after two decades at chain

CFO Dive

Adam Rymer, the company’s current vice president of finance, will become CFO in January.

CFO 147
article thumbnail

G2 spotlights Cube as an FP&A Leader, awarding badges for Highest User Adoption, Best Support, and more (Summer ‘24)

Cube Software

Exciting update: Cube shines in G2’s Summer Report Cube has been listed as one of the top FP&A platforms across several disciplines, including Budgeting and Forecasting , Corporate Performance Management , Financial Close , and Financial Analysis.

article thumbnail

Budget 2024: Remedial steps to fire up local manufacturing

CFO News

Union Budget: The government has drawn up a list of finished products that are subject to lower import duty than the materials needed to make them, or an inverted duty structure.

article thumbnail

How to Select the Perfect Payments Partner: 7 Keys for Sustainable Growth

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

article thumbnail

217: Pamela Naik: My Journey from Financial Management to Strategic Leadership

CFO Talks

Pamela Naik’s Journey from Financial Management to Strategic Leadership In a recent enlightening episode of the CFO Club podcast, Nicolaas van Wyk, the CEO of the Chartered Institute for Business Accountants, engaged with Pamela Naik, an accomplished finance professional. Pamela’s career trajectory and her blend of qualifications provide an inspiring blueprint for finance professionals aiming to elevate to the CFO role.

article thumbnail

ESG integration: 50% of large Indian companies succeed, but only 29% of SMEs, reveals survey

CFO News

Indian companies are increasingly prioritizing sustainability, as revealed by a recent survey report on ESG maturity. While large firms lead with 75% setting clear goals, according to a survey report by Uniqus Consultech and IMA India.

article thumbnail

Union Budget 2024: Startup investment climate needs capital gains tax relief, CFOs say

CFO News

Startup CFOs anticipating the Union Budget 2024, are seeking expanded tax holidays, R&D incentives, and regulatory simplifications. Key demands include tax amnesty for pre-2014 dues, reduced TCS and TDS rates for e-commerce, and capital gains tax relief. They see these measures as essential to revitalising investment, fostering innovation, and driving job creation across India's thriving startup ecosystem.

article thumbnail

Chief HR officer roles in India Inc see highest churn

CFO News

One in every 10 CXOs changed jobs in the year ending June, with certain roles experiencing higher turnover than others, according to an analysis by specialist staffing firm Xpheno. The study, based on 37,000 C-suite movements, found that the roles of chief human resources officer (CHRO) saw the highest churn at 20%, followed by chief sales officers (CSOs) at 18% and chief product officers (CPOs) at 15%.

Sales 40
article thumbnail

2024 Annual Trends Survey: Expense Management Insights

Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.

article thumbnail

India Inc raises record $30 billon in 6 months, riding FPO wave

CFO News

Indian companies have raised a record $29.5 billion in the equity market through IPOs & FPOs in the first half of 2024, more than double the amount raised last year. Follow-on public offers accounted for 85% of the total proceeds. Analysts anticipate a potential record year for equity issuances.

article thumbnail

SAT orders Religare to apply with Sebi for open offer by Burmans

CFO News

Religare Enterprises directed by SAT to apply for Burman family's open offer to increase stake. Sebi's show cause notice stayed temporarily. Dispute arises over open offer price and 'fit and proper' allegations. Court battles and accusations of fraud escalate between Religare and the Burmans.

40
article thumbnail

Why RBI should be concerned about climate change

CFO News

Climatic factors are now increasingly playing an important role in influencing food and fuel inflation which tends to affect the overall inflation levels which is emerging as a big area of concern for monetary policy. ET explains how could climate change impact monetary policy.

40
article thumbnail

RBI job data matches with govt's: SBI Report

CFO News

The latest SBI Research Ecowrap report highlights that the Reserve Bank of India's KLEMS data and the Annual Survey of Unincorporated Sector Enterprises (ASUSE) employment numbers from the government closely align. According to the report, the RBI's KLEMS data estimates India's total labour force at 597 million, whereas the ASUSE survey by MoSPI puts it at 568 million, indicating a negligible difference.

Numbers 40
article thumbnail

Unlock The Power Of The CFO Toolkit

Speaker: Duke Heninger

With the rise of fractional finance roles, many CFOs, FP&A professionals, controllers, and accountants are stepping into independent consulting. The expansion of fractional services presents new opportunities for finance professionals, but many face challenges in navigating this transition, finding it daunting. Whether you’re new to fractional work or refining your approach, this webinar will equip you with a repeatable system for success.

article thumbnail

Fed would not wait for 2% inflation to consider rate cut: Powell

CFO News

The US central bank will not want to wait for inflation to cool to its two percent target before considering a rate cut, Federal Reserve Chair Jerome Powell told lawmakers Wednesday. On Wednesday, Powell told lawmakers that he is not yet prepared to express confidence that inflation is moving sustainably down to two percent.

Banking 40
article thumbnail

In equity's Indian summer, IPOs and investors make hay in 2024

CFO News

The IPO market in 2024 has seen strong investor interest with 38 companies listing at an average gain of 25%. While some stocks like Jyoti CNC Automation and Exicom Tele-Systems have surged 100-300%, others are trading below offer price. Major IPOs from Bharti Hexacom and Aadhar Housing Finance have performed well.

Finance 40
article thumbnail

Construction companies likely to report subdued growth in Q1 amid lower awarding of projects, slow execution

CFO News

The financial performance of roads and construction companies in the June 2024 quarter is expected to remain muted due to delay in obtaining clearances related to acquisition of land parcels, severe heat wave across various parts of the country, and slack in construction activities amid the general elections held during the quarte