CFO Dive

FEBRUARY 21, 2024

Accountants with excessive workloads tend to err through manual mistakes, lax review of records or misinterpretation of data, Gartner said.

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Accounting 274

Nerd's Eye View

FEBRUARY 21, 2024

In 2021, Congress passed the Corporate Transparency Act, which, for the first time, required small business entities such as LLCs and corporations to report identifying information on their "beneficial owners" (i.e., those who own at least 25% of, or who otherwise exercise substantial control over the business). The law's provisions became effective on January 1, 2024, and so many small businesses – including a good number of RIA firms – will be required to submit a Beneficial Owners

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Treasury Leadership Numbers Compliance 73

CFO Dive

FEBRUARY 21, 2024

Outgoing CFO Glen Ibbott’s seven-year tenure had set the company apart from a number of other cannabis firms that have struggled to hold onto finance chiefs.

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Barry Ritholtz

FEBRUARY 21, 2024

At the Money: David Dunning professor of psychology at the University of Michigan (January 10, 2024) How well do you understand yourself? For investors, it is an important question. We’re co-conspirators in self-deception and this prevents us from having accurate self-knowledge. This does not lead to good results in the markets. Full transcript below. ~~~ About this week’s guest: David Dunning is a professor of psychology at the University of Michigan.

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Math Economics Planning Education 57

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

Bank of the West

FEBRUARY 21, 2024

During Black History Month, which was officially recognized in 1976, the nation honors the contributions and sacrifices that African Americans have made to ensure all have the same opportunities to… Read more The post Black History Month: Elevating our partnerships that promote equity in our communities appeared first on About BMO.

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CFO Share

FEBRUARY 21, 2024

Emails offering fast and easy MCA loans are as common as the struggling small businesses they target. These offers promise quick funding – seemingly attractive opportunities for business owners in need of immediate financial assistance. However, the reality behind these merchant cash advance (MCA) loans is not always as straightforward as the initial propositions make them out to be.

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CFO News

FEBRUARY 21, 2024

Ambuja Cements, a part of Adani Group, plans Rs 1,000 crore investment in a 4 MTPA cement grinding unit in Godda, Jharkhand. The unit will safely dispose of fly ash, contribute to the circular economy, and generate employment for 2,500 people.

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Investments Planning 52

CFO Network

FEBRUARY 21, 2024

5 Shocking Ways Outsourced Accounting Saves You Money! Efficiency and cost-effectiveness are crucial to staying competitive in the fast-paced business world. One area where many businesses can optimize their operations and cut costs is accounting. Outsourced accounting has emerged as a game-changer for businesses of all sizes. This blog will explore the surprising ways outsourced accounting can save money.

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CFO News

FEBRUARY 21, 2024

Engineering firms and non-banking financing companies (NBFCs) are likely to give hikes of over 10%, according to Aon. This set is followed by automobiles, financial institutions, fast-moving consumer goods (FMCG), tech platforms & products, professional services and global capability centres (GCCs), where increases are seen in the 9.5-9.9% range.

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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

The Charity CFO

FEBRUARY 21, 2024

‘Being a human is messy; serving humanity is messier.’ These are the words of Dimple Dhabalia, our guest on today’s episode and founder of Roots in the Clouds (RITC). Dimple’s career started in Denver where she worked on abuse and neglect cases within the Department of Human Services. Story after story, testimony after testimony began to take a toll on our guest.

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CFO News

FEBRUARY 21, 2024

India's financial stability panel aims to standardize customer verification processes across the financial sector to curb illegal lending through online applications. The plan, discussed at a meeting of the Financial Stability and Development Council, seeks to ensure uniformity in Know Your Customer (KYC) norms. This move follows regulatory action against Paytm Payments Bank for non-compliance.

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Banking Compliance Planning 52

One to One

FEBRUARY 21, 2024

M&A in 2024 is expected to grow on an upward trajectory, marking the end of one of the worst M&A markets in a decade. The post-covid effect, high inflation rate, geopolitical uncertainty and high energy costs Read More. The post The biggest M&A deals of 2024 so far appeared first on ONEtoONE Corporate Finance.

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CFO News

FEBRUARY 21, 2024

Jubilant Foods Ltd (JFL) CEO and MD Sameer Khetarpal revealed that the company expects its fried chicken brand Popeyes to surpass Rs 1,000 crore in sales within the next 3-4 years. Additionally, JFL, the master franchisor of Domino's, aims to expand its outlets to around 3,000 in the medium term. Khetarpal highlighted the rapid expansion of QSR brands, especially Domino's, due to India's growing economy and urbanization.

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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

Future CFO

FEBRUARY 21, 2024

A strong diversity and inclusion culture is revealed to be a critical factor in deciding to work at an organisation. This is the findings of a recent talent survey by the Association of Chartered Certified Accountants (ACCA) across the accountancy profession. According to ACCA's Global Talent Trends Survey 2024 , which asked almost 10,000 professional accountants from 157 countries, 78% of the respondents say diversity and inclusion are important amid the continuing talent crunch in the sector.

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CFO News

FEBRUARY 21, 2024

India's Gross Domestic Product (GDP) is expected to moderate sequentially to 6.0% YoY in Q3 FY2024, according to credit rating agency ICRA. The moderation is attributed to the industrial and agricultural sectors, with a slowdown in government expenditure and an uneven monsoon impacting GDP growth. The contraction of 0.2% in total spending by the Indian Government and 25 states in the previous quarter may have dulled GDP growth.

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Economics 52

CFO Thought Leader

FEBRUARY 21, 2024

xxxxxxxx 976: A Troubleshooter’s Guide to Financial Leadership | Craig Wert, CFO, Jobber The post The Mentoring Round | Craig Wert, CFO, Jobber appeared first on CFO THOUGHT LEADER, CFO, Finance, Leadership, CPA.

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CFO News

FEBRUARY 21, 2024

In the ranking of top 10 most valued firms, Reliance Industries continued to rule the chart followed by Tata Consultancy Services, HDFC Bank, ICICI Bank, SBI, Infosys, Life Insurance Corporation of India, Bharti Airtel, Hindustan Unilever and ITC.

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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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The Finance Weekly

FEBRUARY 21, 2024

In an era where digital transformation dictates the pace of business innovation, a groundbreaking tool is setting new benchmarks for financial management efficiency and IT department relief. Introducing Datarails Connect, a pioneering solution from Datarails, recently acclaimed as one of the Fast 500 companies in 2023 by TechCrunch. This new product is making waves by seamlessly integrating the entirety of a finance department's operations into the familiar environment of Microsoft Excel, paired

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CFO News

FEBRUARY 21, 2024

An LOC 'on intimation' has already been issued against Raveendran. It was opened more than one and a half years ago at the request of the ED's Kochi office. However, the investigation was later transferred to the Bengaluru office of the agency. The LOC 'on intimation' results in immigration authorities informing a probe agency about the individual going overseas but the person is not stopped from leaving the country.

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CFO Dive

FEBRUARY 21, 2024

As the dust settles from the judge’s civil fraud ruling, ex-CFO Allen Weisselberg is confronting potential perjury charges, financial penalties and a fraught ending to his career.

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CFO 280

CFO News

FEBRUARY 21, 2024

Towards this step, Rajput will step down from the board of Mpower. He will be replaced in the board by Rob Partlow, Mpower’s previous CFO, who is retiring from full-time service, the student loan provider said in a statement.

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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

FEBRUARY 21, 2024

Prior to this appointment, Shanker was associated with Schneider Electric as CFO for its International Business GSC covering India, Middle East, Africa, South America, East Asia, Japan & Pacific, according to a statement.

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CFO News

FEBRUARY 21, 2024

ZEE shares tumbled 14.8% on the BSE on Wednesday to close at Rs 164.50 apiece, after Bloomberg reported Sebi had found that about $241 million (Rs 2,000 crore) might have been diverted by the company promoters. This has added to the steep decline in the ZEE share price after Sony Group scrapped a $10-billion merger plan involving its India business.

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Planning 52

CFO News

FEBRUARY 21, 2024

Uday Kotak, Founder Director of Kotak Mahindra Bank, advocates for regulators to respond swiftly to financial sector "accidents" rather than being overly conservative. Speaking at an AIMA event, he emphasizes the need for good regulations to facilitate growth, acknowledging that some accidents may occur but highlighting the importance of prompt correction.

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Banking 52