CFO Share

SEPTEMBER 4, 2024

Presidential candidate Kamala Harris is proposing a 10x expansion of the Startup Tax Deduction , from $5k to $50k, to promote the creation of small businesses. While this sounds great as a headline, our fractional CFOs greeted it with a yawn. At CFOshare, we rarely see the Startup Tax Deduction making any material difference for new businesses. To being, the Startup Tax Deduction only applies to brand new businesses, not established startups.

Startups 52

Startups Marketing 52

CFO Dive

SEPTEMBER 4, 2024

Just weeks into his CFO tenure, Monish Patolawala said he’d prioritize remediating the accounting woes that have rocked the company this year.

CFO 263

CFO Prioritization Accounting 263

Global Finance

SEPTEMBER 4, 2024

Call it “the CFO shuffle.” Top finance leaders are shifting from one company or position to another—or opting for retirement—at a faster rate. That’s according to the latest data from Russell Reynolds Associates, which specializes in executive searches. This year saw increased levels of turnover, with the proportion of outgoing finance chiefs reaching 8.9% globally from January to June.

CFO 111

CFO Management Consulting Construction Finance 111

CFO Dive

SEPTEMBER 4, 2024

Tech job cuts are continuing to pile up as industry leaders zero in on objectives such as freeing up capital to fund AI initiatives.

259

259

Advertiser: Paycor

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!

Global Finance

SEPTEMBER 4, 2024

Global Finance magazine interviewed Brazil Central Bank President Roberto Campos Neto, who has been at the helm since February 2019. In recognition of his leadership in managing Brazil’s monetary policy, Campos Neto earned an “A” grade in the magazine’s 2024 Central Banker Report Cards, announced in August. He also received an “A” in 2023’s report card.

Banking 105

Banking Economics Currencies Finance 105

Tips Watch

SEPTEMBER 4, 2024

By David Enna, Tipswatch.com January 26, 1986, was a big day in my life. The Chicago Bears, my longtime favorite team, were playing in the Super Bowl.

Investments 117

Investments 117

CFO Dive

SEPTEMBER 4, 2024

Tech job cuts are continuing to pile up as industry leaders zero in on objectives such as freeing up capital to fund AI initiatives.

234

234

Barry Ritholtz

SEPTEMBER 4, 2024

The Best Way to Buy a House Right Now with Jonathan Miller , Miller Samuel (Sept 4, 2024) Buying a house in today’s climate can be challenging. Interest rates are near the highest level in 20 years. Housing inventory is near record lows. So what’s a potential home buyer to do? Jonathan Miller, President of Miller Samuel, discusses the best approaches for purchasing a home today.

Construction 59

Construction Finance Sales Marketing 59

CFO Dive

SEPTEMBER 4, 2024

Chief Financial Officer Matt Schroeder will take over the CEO post from restructuring officer Jeffrey Stein.

Restructuring 241

Restructuring CFO 241

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

Global Finance

SEPTEMBER 4, 2024

The race for Latin America’s massive stablecoin market has become more competitive. Following the successful launch of Circle’s proprietary USDC via behemoth banks BTG Pactual and Nubank in March, the unicorn Latin American startup Mercado Libre has rolled out its commission-free dollar-backed stablecoin, the Meli Dolar. Pegged 1-to-1 to the US dollar, the Meli Dolar aims to leverage the electronic marketplace’s significant presence in Brazil to establish a dominant position in the country.

Currencies 52

Currencies Financial Systems Leverage Startups 52

CFO Selections

SEPTEMBER 4, 2024

Asking, “How can a financial assessment help us?” is the first step to getting a better handle on your organization’s finances. A business assessment is a financial checkup that evaluates the efficacy of critical financial functions like reporting and forecasting while analyzing people, processes, and tools. The findings that result can serve as a roadmap for the organization’s strategic planning initiatives.

Strategic Planning 52

Strategic Planning Forecasting Finance Planning 52

Global Finance

SEPTEMBER 4, 2024

To avoid bias in customer-facing banking applications, the Hong Kong Monetary Authority (HKMA) issued new generative artificial intelligence (GenAI) guidelines as more banks adopt such technologies. In a mid-August notice, the territory’s de facto central bank said financial institution boards and senior management should “remain accountable for all the GenAI-driven decisions and processes.

Banking 52

Banking Risk Management Technology Finance 52

CFO News

SEPTEMBER 4, 2024

Bajaj Electricals has leveraged efficiencies from Artificial Intelligence and Machine Learning in its finance department, reducing staff from 300 to over 90, said CFO EC Prasad.

CFO 40

CFO Manufacturing Leverage Finance 40

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.

Accounting

Global Finance

SEPTEMBER 4, 2024

Kuwait lenders Boubyan Bank and Gulf Bank—the emirate’s third- and fifth-largest banks—have disclosed they are in preliminary talks that may lead to a merger. If the merger goes ahead, it will create an Islamic bank with assets of around $53 billion and about a 15% market share measured by consolidated assets, Fitch Ratings said in a note last month.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Banking Economics Finance 52

CFO News

SEPTEMBER 4, 2024

"Ekart is building the supply chain for India and carries the mission of democratising ecommerce for all brands," said Mani Bhushan, chief business officer at Ekart. "Ekart is well-established and will continue to deepen presence in tier II-III supply chains and beyond." These include last-mile delivery and bulk cargo pickups from brands and manufacturers.

Manufacturing 40

Manufacturing eCommerce 40

Global Finance

SEPTEMBER 4, 2024

Joseph Giarraputo, the Founder and Editorial Director of Global Finance, talks to Andreas Burner, Chief Technology Officer and Head of Product Management at SmartStream, about the increasing role AI is playing in the financial services sector. SmartStream, which has been recognized by Global Finance as an innovator in providing transaction management solutions for the past four years, takes a holistic view of AI, by working closely with end users and developers to create successful applications

Technology 52

Technology Finance Securities 52

CFO News

SEPTEMBER 4, 2024

India Inc is pushing for gender diversity in temporary hiring during peak periods like the festive season. Sectors such as ecommerce, logistics, retail, and BFSI are actively onboarding more women workers. Companies are offering flexible hours, transportation, and skill development programs to attract female talent, with safety measures being significantly enhanced.

Transportation 40

Transportation eCommerce Retail 40

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

Global Finance

SEPTEMBER 4, 2024

Joseph Giarraputo, the Founder and Editorial Director of Global Finance, talks to Andreas Burner, Chief Technology Officer and Head of Product Management at SmartStream, about the increasing role AI is playing in the financial services sector. SmartStream, which has been recognized by Global Finance as an innovator in providing transaction management solutions for the past four years, takes a holistic view of AI, by working closely with end users and developers to create successful applications

Technology 52

Technology Finance Securities 52

CFO News

SEPTEMBER 4, 2024

The committee is not in favour of a blanket GST exemption on life and health insurance premiums, said people aware of deliberations. It's likely to give a detailed report on the revenue impact under different rate scenarios for insurance products to the GST Council, which is scheduled to meet on September 9.

40

40

Global Finance

SEPTEMBER 4, 2024

There is a new C in the executive suite, the chief artificial intelligence officer (CAIO). In March, the White House announced that all federal agencies had to appoint a CAIO so that the government would stay on top of AI developments. Vice President Kamala Harris gave a legal framework to the mandate: “Make sure that AI is used responsibly,” she said.

SAP 105

SAP Transportation Advertising Compliance 105

CFO News

SEPTEMBER 4, 2024

The government has extended the interest equalisation scheme on pre- and post-shipment rupee export credit for MSME manufacturing exporters until September 30. This extension aims to support India's outbound shipments by providing competitive rates amid global economic challenges. The scheme, which ended on August 31, was previously extended in June for two months.

Manufacturing 40

Manufacturing Economics 40

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 Thought Leader

SEPTEMBER 4, 2024

In 2021, ADP’s HR leader reached out to Don McGuire, then the company’s globe-trotting EMEA president, to gauge his interest in stepping into the firm’s CFO role. McGuire was surprised, inasmuch as it had been nearly two decades since he had veered off the traditional finance career track. During this interim, McGuire had taken on various global leadership roles far removed from the typical CFO pathway.

Leverage 52

Leverage CFO Leadership Finance 52

CFO News

SEPTEMBER 4, 2024

Madhabi Puri Buch, the first private sector head of Sebi, faces scrutiny over alleged conflicts of interest. The article discusses the need for stricter regulations to address potential conflicts and suggests that appointing bureaucrats without regulatory changes could be short-sighted. The debate continues on whether private sector leaders should helm Sebi.

40

40

CFO News

SEPTEMBER 4, 2024

Reliance Industries Limited has secured Rs 3,620 crores in incentives for producing advanced chemistry cell batteries. This win adds to the 5 GWh capacity RIL had previously secured, bringing their total to 15 GWh. The incentives were awarded through a rebid by the Ministry of Heavy Industries.

Securities 40

Securities 40

CFO News

SEPTEMBER 4, 2024

Banks in India are offering higher interest rates on deposits to attract savers, with more than two-thirds of deposits earning 7% or above by June 2024. This shift is driven by the need to meet rising credit demand, which continues to outpace deposit growth.

Banking 40

Banking 40

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