Mon.Oct 09, 2023

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Smart corporate investing: Reduce tax bills with Investment Tax Credit transfers

CFO Dive

The Inflation Reduction Act created a new option: Investment tax credit (ITC) transfers. With an ITC transfer, renewable energy developers sell their ITCs to taxpaying corporations. The developer receives cash immediately, and the corporation earns a locked-in profit by buying at a discount to par.

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The Challenge of Shorting Equities

Barry Ritholtz

There is a thought-provoking discussion on short selling over at Russell Clark ; check it out (including audio) to get an overview of his perspective. I don’t really disagree with any of it but I do (did) see the world of short-selling from a different seat. Allow me to share a few thoughts about shorting as a trading strategy; I include specifics at the end.

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Trending Sources

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EY CFO departed following failed split: reports

CFO Dive

Jamie Miller departed from the Big Four firm just weeks following the failure of its plan to split its audit and consulting business into two distinct entities.

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DPDP Act to make CFOs' role increasingly onerous

CFO News

As India Inc awaits the data protection rules, ETCFO did a status check with different stakeholders on the stumbling blocks on the road to implementation.

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The Growth Architect: How Financial Leaders are Unlocking Potential

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.

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Fed Vice Chair Jefferson flags tightening from rising bond yields

CFO Dive

Financing costs may have risen in recent weeks as investors upgrade their expectations for economic growth or alter their view of underlying risks, Jefferson said.

Economics 287

More Trending

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Nobel economics prize highlights gender wage gap

CFO Dive

Claudia Goldin is credited with advancing the understanding of “key drivers of gender differences in the labor market.

Economics 287
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Indian Oil appoints Anuj Jain as director (finance)

CFO News

Indian Oil: Simultaneously, with the appointment of Jain as director (finance), Sanjay Kaushal has ceased to serve as CFO of the Company.

Finance 104
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Bringing it home: The three A’s and the return of American manufacturing

CFO Dive

Since reshoring is the “new normal,” mastering the Three A’s is essential.

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Managing Outsourcing Of SEO (Search Engine Optimization) For A Financial Advisor

Nerd's Eye View

When deciding on a marketing strategy to pursue, one of the key factors for financial advisory firms to consider is efficiency. Different strategies have different Client Acquisition Costs (CACs), in terms of both hard-dollar marketing expenses and the cost of the advisor's time spent on the strategy, and an efficient market strategy is one that can effectively attract new clients while minimizing the amount spent to acquire them.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

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!

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5 steps to build the perfect NetSuite team

CFO Dive

If you don’t build the right team, you might end up with expensive software that doesn’t generate a positive ROI.

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We’ll be in Charlotte, NC this November

The Reformed Broker

This summer we opened a physical office location in North Carolina. It’s staffed with three of our Certified Financial Planners in Charlotte who’ve been taking care of our clients in the area. To celebrate, I’m bringing twenty of my people down for a week of client meetings and to see our local friends and colleagues. We’ve kept some time on the schedule to meet with prospective clients too.

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BlackRock creates net-zero investment after axing pair of ESG funds

CFO Dive

The asset management firm has shifted resources to climate-specific funds after the SEC updated the “Names Rule” to increase accountability on ESG funds.

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How Accounting Setup Can Affect an Organization Long-Term

The Charity CFO

In many ways, new nonprofits can figure things out as they go, learning from their mistakes and making adjustments. However, that’s not the case with an organization’s accounting systems. It’s vital to get these right from the beginning or risk serious consequences in the future. Unfortunately, there are plenty of ways for relatively inexperienced leaders to make small but critical errors.

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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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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • ‘A Galactic Embarrassment’: The Crypto World Is Already Sick of SBF’s Trial : FTX founder Sam Bankman-Fried’s trial for fraud is sucking all the air out of the room. Crypto folks can’t wait for it to be over. ( Wired ) • Why don’t you just sell all your stocks and buy ETFs, you’ll probably have better performance?

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Post IPO, Yatra CFO sets sights on driving growth and cutting debt

CFO News

Yatra IPO: Rohan Mittal sees sales figures reaching close to the pre-pandemic numbers surge in both retail and corporate demand.

CFO 59
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Rolling Forecasts & Forecasting Software – Helping You Reach Your CFO Potential

Lime Light

Rolling forecast software helps you evolve past static budgeting to a model that enables your FP&A team to make decisions smarter, faster, and with real-time data.

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Business travel expenses: Hotel rates likely to rise in 2024

Future CFO

When it comes to business travel expenses, CFOs have to be aware that hotel rates likely will continue to rise in most locations globally during 2024 despite an expected softening of leisure travel demand, said American Express Global Business Travel (Amex GBT) when releasing its latest forecast. Amex GBT’s Hotel Monitor 2024 finds that rates could rise by as much as 17.5% in some cities, where tight supply combined with local conditions push the average cost of a room upwards.

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

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.

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Indian smartphone manufacturers likely to miss FY24 PLI targets

CFO News

Indian smartphone manufacturers, including Lava and Bhagwati, are struggling to meet their production targets under the PLI scheme for the third consecutive year. Dixon Technologies, however, is an exception, as it has secured big orders. While global manufacturers like Foxconn and Samsung have been successful under the scheme, the domestic industry needs more time to establish local champions, according to Lava's co-founder.

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Why accountants must keep up with new technology

Future CFO

In the face of the many advancements now in data and technology, it is undeniable that accountants are put in the position to keep up. The development in Artificial Intelligence (AI), Machine Learning (ML), and ChatGPT have revolutionised the accountancy profession by increasing efficiency, accuracy, and the ability to provide valuable insights. Automation has been a notable shift, as routine accounting tasks have become less manual and time-consuming.

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India Inc grows in record numbers, reflecting rising economic optimism

CFO News

As many as 120,966 companies and LLPs were incorporated between April and September, up 11.4% from 108,583 a year before, according to the latest data compiled by the ministry of corporate affairs (MCA).

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Rolling Forecasts & Forecasting Software – Helping You Reach Your CFO Potential

Lime Light

Rolling forecast software helps you evolve past static budgeting to a model that enables your FP&A team to make decisions smarter, faster, and with real-time data.

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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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Unemployment rate dips to 6.6 pc in urban areas in April-June 2023: Govt survey

CFO News

Unemployment rate in urban areas has decreased to 6.6% in April-June 2023 from 7.6% a year ago, according to data from the National Sample Survey Office. The high unemployment rate in the same period last year was due to Covid-related restrictions. Labour force participation rate increased to 48.8% from 47.5% in the same period last year.

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Enable Your Power BI Users With Microsoft’s xP&A Tool of Choice

Collectiv

Budgeting, forecasting, and planning processes come with a variety of challenges, even for the most organized enterprises. Many teams start the process with Excel spreadsheets, but this quickly gets messy and hard to manage, especially for larger organizations. When you have multiple teams handling the same data in different spreadsheets, things quickly devolve into confusion.

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Vedanta Ltd arm Hindustan Zinc receives Rs 1.81 cr tax penalty order

CFO News

Based on the Company’s assessment and prevailing law, the Company is hopeful of a favourable outcome at the appellate level and does not expect the said Order to have any material financial impact on the Company, Vedanta said.

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The importance of planning and budgeting alignment

Centage

Most companies don’t plan to stay the same or do the same thing forever. Even the smallest business has a vision for the future evolution of the company. Planning is the first step towards achieving growth for any organization, and budgeting is the ongoing process to manage this growth. Planning and budgeting alignment ensures you have what you need to wisely allocate funds for growth.

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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.