CFO Dive

DECEMBER 7, 2023

Since early 2021 SEC Chair Gary Gensler has called on the PCAOB to more aggressively oversee the accounting firms that audit publicly listed companies.

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Auditing Accounting Firms Accounting 302

Jedox Finance

DECEMBER 7, 2023

I am beyond thrilled to share some exciting news. Jedox was recognized as a Leader in the Gartner® Magic Quadrant™ for Financial Planning Software. A Gartner Magic Quadrant is a culmination of research in a specific market, giving the reader of the research wide-angle view of the relative positions of the market’s competitors.

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CFO Dive

DECEMBER 7, 2023

The bank’s biggest restructuring in a decade is hitting group finance chiefs as Citi seeks to trim expenses over the next two years.

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Restructuring CFO Finance Banking 295

Barry Ritholtz

DECEMBER 7, 2023

My morning train WFH reads: • How much should it cost to sell a house? Your real estate agent may be charging too much. Why should homebuyers and sellers pay for services they neither want nor use? It’s like being forced to pay a travel agent commission when booking a flight directly online. ( USA Today ) • Signs of a Weakening Job Market, in Five Charts : Openings and quits data could give clues to the direction of hiring and the economy. ( Wall Street Journal ) see also Pay Thousands to

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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

Investments

CFO Dive

DECEMBER 7, 2023

Accounting automation startup Docyt says its expanding its executive leadership team as it positions itself for continued growth.

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CFO Dive

DECEMBER 7, 2023

The DTC pet supplies retailer has been looking for someone to fill the role on a permanent basis after Mario Marte stepped down from the role in July.

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Barry Ritholtz

DECEMBER 7, 2023

I’m very excited to tell you about my new podcast: At the Money. Each week, we are going to spend 10 minutes diving into a specific topic that affects you and your money: Acquiring it, spending it, and most of all, investing it. My experience as an investor is just the starting point for ATM: I am tapping into a network of experts I have developed over decades across a wide range of fields to discuss everything from taxes to portfolio construction, differences between skill and luck, how t

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Construction Investments Finance 62

CFO News

DECEMBER 7, 2023

ZestMoney had everything that a leading FinTech should have. They started at the right time and built an innovative product. But perhaps they could not judge people. The data as they said was based on behavior and couldn't predict the potential defaults. In the end, ZestMoney was neither left with zest nor money, that's the bitter truth.

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Future CFO

DECEMBER 7, 2023

As part of the process to better sustainable reporting which is tipped to become a vital topic in 2024, verification and improvement of collected data come at hand. Accountants play a role in the verification, which supports building trust in reported sustainability-related information. According to the Association of Chartered Certified Accountants , it is imperative to address the quality of reporting across all stages of the sustainability reporting cycle.

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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.

Accounting

CFO News

DECEMBER 7, 2023

The central bank sees private consumption gaining from gradual improvement in rural demand, strengthening of manufacturing activity and continued buoyancy in services.

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Manufacturing Banking 59

Future CFO

DECEMBER 7, 2023

China is currently facing an economic slowdown following the pandemic, which have raised concerns among ratings agencies that led to a downgrade in the country’s debt outlook. Chief financial officers will need to consider the potential impact of China's debt situation on their companies’ credit ratings since a downgrade in the country’s sovereign credit rating could lead to downgrades for corporates as well, which could further increase borrowing costs and potentially limit access to capital ma

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Economics Currencies Communication Risk Management 52

CFO News

DECEMBER 7, 2023

Fund mobilisation through corporate bonds that are privately placed has hit a record ₹8.97 lakh crore in 2023, with three weeks left in the year. Fund managers attribute the unprecedented mobilisation to the heightened demand for credit driven by increased economic activity amid faster-than-expected growth, coupled with the low cost of funding.

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Future CFO

DECEMBER 7, 2023

Asia Pacific medical costs and healthcare benefit costs will continue to rise, said WTW recently when releasing results of its Global Medical Trends Survey. The average cost of medical care in the region jumped from 7.2% in 2022 to a high of 9.9% in 2023, WTW noted. The insurer-reported cost trend for 2024 is projected to remain unchanged at 9.9%, the company said.

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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.

Accounting

CFO News

DECEMBER 7, 2023

"The second-quarter growth was very high - it is the highest in the world," Sitharaman said, replying to a short-duration discussion on the state of the economy in the Rajya Sabha. "We continuously maintain that momentum of being the fastest-growing economy.

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Manufacturing 52

The Charity CFO

DECEMBER 7, 2023

Welcome back to the Modern Nonprofit Podcast at The Charity CFO. Whether you are a consistent listener or joining for your first time, the podcast dives deep into the world of nonprofits, and sometimes for profit spaces to share industry specific principles, unique business practices, and much more. Today, the show hosts someone very special to Charity CFO and that is the group’s very own partner & COO, Tim Hudson.

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CFO News

DECEMBER 7, 2023

Finance Minister Nirmala Sitharaman was replying to a debate in Rajya Sabha on the economic situation in the country, which was held over three days with the participation of a large number of members. She also highlighted that India is the second-most sought-after manufacturing destination in the world.

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CFO Thought Leader

DECEMBER 7, 2023

Inside The Mentoring Round, CFO Michael Kennedy tells us that while he had anticipated a significant workload at MDA, the reality was far beyond his initial expectations. This is a common experience for many CFOs when they transition into roles that demand organizational transformation. Leaders tell us they often underestimate the scale of the tasks ahead, and it’s only when they’re in the thick of it do they grasp the enormity of all of what a successful transformation entails. 957:

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Advertisement

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.

Reconciliations

CFO News

DECEMBER 7, 2023

ITC clocked food FMCG sales of ₹17,100 crore in the period, while Britannia was at ₹16,700 crore, Adani Wilmar at ₹15,900 crore, Parle Products at ₹14,800 crore, Mondelez at ₹13,800 crore and Hindustan Unilever Ltd (HUL) at ₹12,200 crore, NielsenIQ data showed.

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Future CFO

DECEMBER 7, 2023

An organisation's chief financial officer undoubtedly plays a vital role in enhancing investor relations and leading fundraising efforts, especially in the growth phase of a business. Financial leaders are often the primary contact for investors and financial institutions, responsible for communicating the company’s financial health and future prospects.

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CFO News

DECEMBER 7, 2023

The development came after the additional government pleader Jyoti Chavan appearing for the state authorities informed the court that the department had withdrawn the show cause notice. Originally the state GST department had issued a notice for the financial year 2017-18 and 2018-19 alleging tax evasion. Subsequently, the company Dream11 challenged these notices in the high court.

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CFO Dive

DECEMBER 7, 2023

The long-awaited timing update comes via the Biden administration’s regulatory agenda for next year, which also unveiled new timetables for other ESG-related proposals.

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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

Sales

CFO News

DECEMBER 7, 2023

The apex court said that the market value of any goods would mean the price that such goods would ordinarily fetch on sale in the open market. The core issue raised in a batch of appeals was the recomputation of deduction under Section 80 IA of the 1961 Act by the assessing officer which was set aside by the Income Tax Appellate Tribunal and upheld by the High Courts, which ruled in favour of the assessees.

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CFO Dive

DECEMBER 7, 2023

The New York Attorney General’s $250 million civil fraud suit has no merit from an accounting perspective, NYU professor Eli Bartov testified Thursday.

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CFO News

DECEMBER 7, 2023

The industry has highlighted to the government that the domestic market for mobile phones has saturated, while the exports are growing at a fast pace, now contributing 25% of total local production. The industry, which exported $11.1 billion worth of mobile phones in FY23, wants to target the $50-billion export mark over the next few years.

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CFO News

DECEMBER 7, 2023

Speaking at the Global Economic Forum 2023 in the National capital, the minister also said “no spectacular announcements are made in the Vote On Account”. The Interim Budget that the government typically presents is just to be able to meet its expenditure until a new government comes in, she added. The event was organised by the Department of Economic Affairs with industry body CII.

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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.

Marketing