Thu.Mar 14, 2024

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Audit committees rank cybersecurity as top priority amid SEC crackdown

CFO Dive

Cyberattacks are just one of several rapidly changing threats confronting audit committees, according to the Center for Audit Quality and Deloitte.

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India's economy reflecting mid 2000 boom

CFO News

During the period from 2003 to 2007, India experienced an average GDP growth rate of approximately 8.6%, with inflation averaging at 4.8%. Here is my note based on Morgan Stanley’s report.

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Trending Sources

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Rockefeller Foundation’s new CFO: Climate crisis is a ‘big motivator’

CFO Dive

Keith Olson took the finance reins of the 111-year-old philanthropic powerhouse earlier this month. He is an alum of the Bill & Melinda Gates Foundation.

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Talent retention in Southeast Asia: Accountants as valuable assets

Future CFO

Talent shortage among accounting staff continues to persist in many parts of the world including Southeast Asia, with the issue being most felt by small accounting firms that struggle to compete with the big accounting firms: KPMG , PwC , Ernst & Young , and Deloitte. A Gartner survey of finance function employees revealed that 84% of finance employees asked have less engagement and less interest in going above and beyond than their peers and other functions.

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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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Ex-Trulieve CFO sued over alleged scheme to ‘raid’ corporate coffers

CFO Dive

The former CFO is accused of misappropriating hundreds of thousands of dollars for personal expenses, all under the pretense of business-related costs.

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More Trending

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Visa teams with SAP’s Taulia on embedded payments

CFO Dive

The card network giant wants to simplify payment processes for CFOs, accounts payable staff and procurement professionals, via the new tie.

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Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

Beyond the Basics: 7 Key Focus Areas for New CFOs 1. Introduction to the Evolving Role of the CFO In our previous discussion, we outlined the critical first steps a newly appointed CFO should take to establish a solid foundation within their organization. We emphasized the importance of communication, setting priorities, and the initial avoidance of hasty decisions.

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Popeyes parent names new CFO in leadership shakeup

CFO Dive

The company named Sami Siddiqui as its CFO while Jeff Klein will fill Siddiqui’s previous role as president of Popeyes U.S.

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Not keen to dilute any more of remaining 25.51% stake in ITC: BAT CEO

CFO News

“ITC is transforming itself, making a number of investments and divesting the hotel business which we supported. We want to have a say in those decisions. We are very happy to keep our shareholding on that level,” Marroco said. He was talking at the UBS Global Consumer and Retail Conference early hours of Thursday.

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

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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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The Mentoring Round | Matt Wolf, CFO, DRINKS

CFO Thought Leader

Inside The Mentoring Round, CFO Matt Wolf highlights his broad perspective, gained from a background in data analytics and software, which enables him to understand and support various organizational functions beyond finance. By minimizing surprises through transparency and openness, Wolf believes this can be a strategic advantage, reducing the need to be reactive and allowing for proactive management. 982: Blending Alcohol and E-commerce | Matt Wolf, CFO, DRINKS The post The Mentoring Round | M

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Electoral bond data: Future Gaming and Megha Engineering top donors to political parties

CFO News

The data release provides details of electoral bonds worth over Rs 12,000 crore. The information was provided by State Bank of India (SBI), the sole seller of the bonds, and published by the ECI.

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Regulatory competition concerning capital markets between the EU and the UK

Corporate Finance Lab

In response to the recent changes to the UK Listing Rules and the proposed EU Listing Act, we are pleased to invite you to our hybrid seminar on regulatory competition concerning capital markets between the EU and the UK. The seminar will take place on Thursday 28 March 2024 from 10h to 12h GMT , 11h to 13h CET. The in-person event will take place in the Law Faculty of the University of Cambridge, room G24.

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Cos under recast get more time to file modified income returns

CFO News

CBDT allows companies in business reorganisation to file modified returns by June 30, offering relief amidst Finance Bill 2022 implications. The decision aims to ease compliance burdens, promote tax transparency, and reduce court interventions for affected entities.

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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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Why I joined Cube: A note from Chief Product & Technology Officer, Suresh Bala

Cube Software

Learn why Suresh Bala decided to leave Workday and join Cube as their Chief Product & Technology Officer.

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Sebi board to consider allowing employees to donate on social stock exchange: Buch

CFO News

"We are actually going to the Sebi board tomorrow to take permission for Sebi staff to be able to buy zero-coupon, zero-principal bonds because we are not permitted to buy securities," she said, adding she is hopeful of the proposal going through.

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A Practical Guide for the New CFO

CFO Talks

The initial period of a new CFO’s tenure is pivotal for setting the groundwork for future success. In this critical time, a CFO must swiftly grasp the unique challenges and opportunities of the organization and start working on the new CFO responsibilities and strategies. Collaboration with other departments, such as legal and human resources, is essential to tackle the myriad of challenges and opportunities that emerge.

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ET Explainer: The RBI's liquidity stance and its effect

CFO News

The Reserve Bank of India's liquidity stance is not convincing experts. It follows a corridor liquidity management system with repo rate as the ceiling and reverse repo rate as the floor. Factors causing tight liquidity include withdrawal of accommodative stance, credit growth surpassing deposit growth, fund constraints, slower government spending, and Ukraine war impacting forex reserves.

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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.

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Fitch revises India FY24, FY25 GDP forecast upwards, expects economy to continue 'strong expansion'

CFO News

Fitch Ratings revised India's GDP growth forecast upwards for FY24 to 7.8% and for FY25 to 7.0%, citing strong economic expansion driven by domestic demand, particularly investment. Meanwhile, it downgraded China's 2024 forecast to 4.5%, attributing it to property sector challenges and deflationary pressures, despite increased fiscal support.

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Cybersecurity, tech skills key in India Inc's checklist for independent directors: Survey

CFO News

Domain expertise in digital, tech, cybersecurity, and risk is crucial for non-executive independent directors. The India Board Report 2023-24 highlights the importance of corporate reputation, stakeholder trust, and ESG implementation. Gender diversity in boards is increasing, and independent directors play a vital role in corporate governance.

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Helping Indian electric mass mobility dreams come true

CFO News

India's Decade: GreenCell Mobility and Standard Chartered pioneer sustainable e-mobility with the first Project Finance Green Loan, driving India's ambitious renewable energy and net-zero emissions goals.

Finance 52
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India's WPI inflation eases to four-month low of 0.20 per cent in February

CFO News

The sequential WPI rate for February grew 0.07 per cent against a contraction of (-)0.33 per cent in the month before. "Positive rate of inflation in February, 2024 is primarily due to increase in prices of food articles, crude petroleum & natural gas, electricity, machinery & equipment and motor vehicles, trailers & semi-trailers etc," the release said.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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Cyberattack is top concern for businesses in India: Aon Survey

CFO News

Companies that participated in Aon’s 2023 Global Risk Management Survey listed business interruptions and failure to attract or retain top talent as the other top concerns

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Daimler India Commercial Vehicles appoints Alexander Schoen as CFO

CFO News

Schoen replaces Manish Thakore, who has moved to Daimler Truck Financial Services North America as Director of Special Projects, according to a statement.

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Vedanta to appeal against Sebi order, says Cairn gave up right to interest

CFO News

"Vedanta Ltd will appeal the Sebi order before the appropriate forum," the firm said in a statement.

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Unicorns to add $1 trn to economy by 2030, generate 50 mn jobs: CII study

CFO News

A report anticipates new unicorns contributing USD 1 trillion to India's economy by 2030, generating 50 million jobs. The startup ecosystem, led by over 100 unicorns, is expected to drive significant growth across various sectors, impacting GDP and employment positively.

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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.