CFO Dive

JANUARY 5, 2024

The CVS Health executive is taking on the top finance seat as it looks to get back on track following a corporate restructuring, company-wide layoffs, and rising costs.

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Restructuring CFO Finance 273

Navigator SAP

JANUARY 5, 2024

There are many enterprise resource planning solutions (ERP) on the market today. For most businesses, SAP automatically makes the shortlist during the selection process because the company is one of the largest ERP vendors with wide industry adoption and some of the deepest understanding of the ERP space. Nobody ever gets fired for choosing an SAP solution.

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SAP Planning Marketing 162

CFO Dive

JANUARY 5, 2024

Among the states with lower tax burdens is Arkansas, where corporate income tax rates are dropping to 4.80% this year from 5.30%.

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CFO News

JANUARY 5, 2024

In 2023-24, India's economy anticipates a robust 7.3 per cent growth, driven by thriving sectors, notably construction and manufacturing. However, agriculture's modest 1.8 per cent growth diverges from the trend.

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Construction Manufacturing 105

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

JANUARY 5, 2024

Despite the increase, the technology industry added nearly 13,000 new positions last month, marking its largest increase since April 2023.

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Technology 222

Nerd's Eye View

JANUARY 5, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that comment letters submitted regarding the Department of Labor's (DoL) proposed Retirement Security Rule, which is intended to strengthen standards regarding the provision of certain retirement-related advice, reflect the contentious nature of the proposal, with brokerage and insurance industry groups arguing that existing regulations are sufficient to protect investors

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Securities Numbers Accounting Planning 86

Barry Ritholtz

JANUARY 5, 2024

This week, we speak with Matt Levine , Opinion columnist at Bloomberg. He is the author of Money Stuff , one of the most popular daily newsletters on Wall Street. Previously, he was an investment banker at Goldman Sachs and a mergers and acquisitions lawyer at Wachtell, Lipton. He explains how his career meandered from studying classics, teaching Greek, clerking for a Federal Judge, working on M&A at a big firm, and eventually doing derivative transactions on Wall Street.

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Mergers and Acquisitions (M&A) Education Investments Finance 73

E78 Partners

JANUARY 5, 2024

Integration work is hard and a struggle for companies who lack “corporate” transaction advisory staff and resources to help manage them. For companies doing strategic M&A transactions in the mid and lower markets, integration planning and execution can be a drain on business continuity, and a demoralizing exercise for those involved. The purpose of this article is to share best practices and lessons learned from our carve-out and integration work in the lower to mid-market deal range (referr

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CFO News

JANUARY 5, 2024

GST taxpayers in India can now pay their tax via credit and debit cards, with the Goods and Services Tax Network (GSTN) enabling online methods like net banking, Immediate Payment Services (IMPS), and Unified Payments Interface (UPI), starting in 10 states/UTs.

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Banking 52

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

E78 Partners

JANUARY 5, 2024

Audits are an essential part of ensuring that a company’s financial statements are accurate and compliant with accounting standards. We recently wrote about how to prepare for an audit however, in the context of an acquisition, the first audit after the transaction can be particularly challenging, as it often involves additional complexities due to the combined financials and potential integration of different accounting systems.

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Auditing Valuation Concentration Reconciliations 59

CFO News

JANUARY 5, 2024

"The relaxation will allow non-residents to claim tax exemption in India on income from financial products offered by GIFT city intermediaries and is expected to give a boost to financial products and solutions offered from GIFT City," Rajesh Gandhi, Partner, Deloitte India said. "Among various intermediaries, the foreign clients of the brokers trading on various financial products on the IFSC stock exchanges are likely to be major beneficiaries of this exemption," Sunil Gidwani,

Investments 52

Investments 52

CFO Simplified

JANUARY 5, 2024

View Part One of this article here Breaking up the ownership of a company can have dire consequences for the company as well as for the business owners. There are things that you can do during the formation of your business partnership that will set the proper, non-combative approach to a change in ownership, but not everyone has the foresight to deal with those things.

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Valuation CFO Planning Sales 52

CFO News

JANUARY 5, 2024

The Indian government faces challenges in achieving its 5.9% fiscal deficit ratio due to a lower-than-anticipated nominal GDP in FY24. The government must either reduce spending by ₹37,000 crore or increase revenue from the budgeted levels. The fiscal deficit is expected to be ₹17,49,807 crore, slightly breaching the target and reaching 6% of GDP.

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Budgeting 52

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 Simplified

JANUARY 5, 2024

Every business needs to be careful about the procedures that they put in place to keep control over and protect the assets of the company. That may involve management of cash, payables and receivables, payroll, their computer system, employee access and more. And in most businesses, there is one person at the top that takes full responsibility for everything that happens within the business.

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Auditing Reconciliations Compliance Securities 52

CFO News

JANUARY 5, 2024

Interim Budget 2024: India may set a lower divestment target for state firms in fiscal 2024-25, falling short of this year's goal to be the lowest in nine years. The government is unsure whether regulatory delays will allow it to complete the sale of a majority stake in IDBI Bank, which is expected to bring more than RS 200 billion into government coffers when completed.

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Budgeting Sales Banking 52

Adam Kae

JANUARY 5, 2024

What is the Financial Elevation Group? I'm so glad you asked. It's for business owners (just like you). It's a safe space to ask questions and get real answers. , This includes answers to EVERY Financial Question you've EVER had about your business (from a GROWTH-Focused CFO). Where do we meet? We meet online 1 hour per month (the 1st Wednesday of the month at 1 ET).

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CFO Finance Investments Marketing 52

CFO News

JANUARY 5, 2024

The Reserve Bank of India has requested Federal Bank to submit two candidates to replace current Managing Director and CEO Shyam Srinivasan, whose term ends on September 22, 2024. The bank is advised to submit a fresh proposal with a panel of at least two fresh names, considering the candidate's likely tenure and the bank's longer-term requirements.

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Banking 52

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Reconciliations

Adam Kae

JANUARY 5, 2024

Smart Borrowing for Businesses Welcome, fellow business owners, to the world of smart borrowing – a realm where financial acumen meets strategic growth. As a seasoned , Fractional CFO specializing in small business finance and Digital Marketing Agencies, I've witnessed firsthand the transformative power of borrowing done right. Today, I'm excited to share insights and practical advice on navigating the intricate art of smart borrowing for businesses.

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CFO Marketing Forecasting Securities 52

CFO News

JANUARY 5, 2024

The maker of Saffola and Parachute oil brands also said constraints on liquidity and profitability in the general trade (GT) channel remained an overhang, while alternative channels continued to fare well. It has initiated significant steps towards improving the return on investments of its general trade partners and structurally re-igniting growth including a primary stock correction.

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Marketing Investments 52

CFO Leadership

JANUARY 5, 2024

Both workers and managers faced unique challenges in 2023. From the push and pull of remote work to rising employee burnout and shifting economic pressures, organizations and professionals have had to navigate a complex environment this year.With a few short weeks left in the calendar year, here’s a look back at the top trends that have impacted the workplace in 2023 and will continue to take shape as we head into 2024: Bonuses came back in a big way.

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Leadership CFO Communication Economics 52

Musings on Markets

JANUARY 5, 2024

In January 1993, I was valuing a retail company, and I found myself wondering what a reasonable margin was for a firm operating in the retail business. In pursuit of an answer to that question, I used company-specific data from Value Line, one of the earliest entrants into the investment data business, to compute an industry average. The numbers that I computed opened my eyes to how much perspective on the high, low, and typical values, i.e., the distribution of margins, helped in valuing the co

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Valuation Financial Analysis Analyzing Data Profit and Loss 100

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 Leadership

JANUARY 5, 2024

If a group of chief financial officers (CFOs) from 2018 stepped out of a time machine into their 2023 offices, they would be astonished by what they saw. Environmental, social and governance (ESG) metrics and measurements would top their priority lists. Most of their finance organizations would be using generative artificial intelligence (GenAI) to enhance their business planning and analysis (BP&A) capabilities and/or bolster the company’s fraud-prevention activities.

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Financial Planning and Analysis (FP&A) Profit and Loss Compliance CFO 52

CFO Dive

JANUARY 5, 2024

The New York Attorney General’s office has also upped the fine it is asking the judge to impose on the Trump Organization to $370 million.

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CFO 282

CFO Leadership

JANUARY 5, 2024

After a tumultuous few years, 2023 brought business travel — and its corresponding expenses — fully back to life. But while the volume of traveling employees has returned to pre-pandemic levels, much has changed. And before we get too familiar with the new travel patterns, generative AI is set to upend the world of T&E and beyond. The way we book travel, pay for business expenses, and manage the spectrum of T&E will look quite different 12 months from now.

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Leadership Reconciliations CFO Technology 52

CFO Leadership

JANUARY 5, 2024

The current office market landscape is witnessing a pronounced downturn, primarily catalyzed by the pervasive adoption of hybrid work models, resulting in substantial disruptions across major central business districts (CBDs) in the United States. This paradigm shift is significantly impacting non-trophy Class A office assets without views or other features that welcome workers to the office.

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Marketing Leadership Budgeting Restructuring 52

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