Mon.Sep 02, 2024

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PodChats for FutureCFO: The intersection of AI and ERP for business success

Future CFO

The convergence of AI and ERP offers the potential to overcome traditional barriers to efficiency and accuracy in financial management, enabling Asian companies to compete more effectively on a global scale. AI-powered ERP systems can help address regional challenges such as complex regulatory environments, diverse currencies, and rapidly changing market conditions by providing more agile and responsive financial tools.

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Best Financial Analytics Software in 2024 for Your FP&A Team

Lime Light

The Best Financial Analytics Software in 2024 and How to Choose the Right Fit for You Are outdated financial tools holding your business back? Many businesses find themselves grappling with slow, error-prone financial processes that hinder growth and decision-making.

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ICAI expresses concerns over NFRA's plan to revise audit standards

CFO News

The proposed revisions, which would apply to auditors of listed firms, have sparked apprehension within the ICAI about the potential concentration of audit work among large firms, potentially sidelining smaller and mid-sized practitioners.

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10 Labor Day Reads

Barry Ritholtz

My end-of-Summer morning round up: • Do you spend money more like a millennial or a boomer? Take this quiz to find out. Are you pouring money into day care, car loans or a luxury vacation? Your spending says a lot about your income bracket and whether you have kids. But there are also generational influences — and a growing gap between how older and younger generations spend money. ( Washington Post ) • How America Can Break Its Highway Addiction : In the 1980s, an unlikely alliance slowed the c

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Fall In Love With the Month-End Close

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

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Tata Sons board may see new faces soon

CFO News

Tata Sons is considering new board appointments with Bhaskar Bhat retiring and Ralf Speth stepping down soon. Bhaskar Bhat may remain in an advisory role until the Air India-Vistara merger. The board will also review new management appointments as several executives have retired or exited. Tata Sons saw a 57% profit increase in FY24.

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GST collection has shown buoyancy and remarkable growth: Experts

CFO News

India's GST revenue for August 2024 marked a yearly growth of 10%, despite a month-on-month decline from July. Experts highlight the overall growth in tax revenue and an increase in GST refunds affecting net collections. The positive trend in gross GST collections reflects a robust economy and ongoing tax reforms supporting businesses.

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New notices for GST on transfer of leasehold land stir real estate concerns

CFO News

The Goods & Services Tax (GST) authorities have recently issued these notices concerning the transfer of leasehold land. The crux of the issue lies in whether the transfer of leasehold land constitutes a sale of land or a service.

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IIIPI suggests measures for faster resolution of insolvency cases

CFO News

Indian Institute of Insolvency Professionals of ICAI (IIIPI) has suggested various measures that can help in faster insolvency resolution.

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Subhash Chandra lashes out at SEBI's Madhabi Puri Buch

CFO News

Media mogul Subhash Chandra has made serious allegations against SEBI chairperson Madhabi Puri Buch of corruption and malpractices. In a recent press conference held earlier this evening, Chandra had made certain revelations about SEBI chairperson's practices.

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Next-Level Fraud Prevention: Strategies for Today’s Threat Landscape

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

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Single filing with exchange to be reality very soon: Sebi chief

CFO News

A filing made on one exchange will automatically collate on the other exchange.

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Fall in Q1 GDP numbers is because of elections code and restricted govt expenditure: RBI Governor

CFO News

RBI Governor Shaktikanta Das stated that India's growth story remains strong despite a slight dip in GDP due to reduced government spending during the election season. He expressed confidence in achieving a 7.2 per cent growth projection for this fiscal year, driven by promising performance in various sectors.

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Sebi puts on hold JSW Cement's Rs 4,000 crore IPO, approves three other issues

CFO News

Capital markets regulator Sebi has put on hold the proposed Rs 4,000-crore initial public offering (IPO) of JSW Cement. Without specifying reasons, Sebi stated that the "issuance of observations (has been) kept in abeyance," according to an update on its website on Monday.

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Adani Green approves pacts for $444 mn TotalEnergies JV investment

CFO News

India's Adani Green Energy has approved a $444 million investment deal with TotalEnergies to form a new joint venture. Adani and TotalEnergies will each own a 50% stake, focusing on a 1,150 megawatt portfolio of solar assets. Shares of Adani Green surged 5.9% on Monday.

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GEP Spend Category Outlook Report 2025

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

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Danske Bank announces retirement of CFO Stephan Engels, Cecile Hillary appointed as Successor

CFO News

Danske Bank has appointed Cecile Hillary as the new Chief Financial Officer. Hillary, currently serving as Group Treasurer at Lloyds Banking Group in the UK, will join Danske Bank's Executive Leadership Team by March 1, 2025, at the latest.

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World economy will avert recession and get a boost from technology, says Nouriel Roubini

CFO News

Global industry leaders suggest that artificial intelligence could significantly uplift the global economy, countering challenges like deglobalisation and geopolitics. They see technology leading to increased productivity and reduced costs. The US election's outcome also holds potential impacts on the global markets and trade flows.

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Sebi puts on hold JSW Cement's Rs 4,000 crore IPO, approves three other issues

CFO News

Capital markets regulator Sebi has put on hold the proposed Rs 4,000-crore initial public offering (IPO) of JSW Cement. Without specifying reasons, Sebi stated that the "issuance of observations (has been) kept in abeyance," according to an update on its website on Monday.