Nerd's Eye View

OCTOBER 18, 2023

A key value proposition for financial advisors is helping clients avoid common behavioral biases that can lead to suboptimal investment decisions. Even people who are normally rational decision-makers can be prone to fear, greed, and overconfidence, and the persistence of market bubbles where investors chase whatever company or sector is all the rage at the time (and often get stuck with losses when the bubble pops) shows that herd mentality in investing is as prevalent as ever.

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Profit and Loss Marketing Valuation Investments 98

CFO Dive

OCTOBER 18, 2023

Unexpectedly high consumer spending this year followed a 37% leap in household median wealth between 2019 and 2022, according to the Fed.

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Planning 200

Barry Ritholtz

OCTOBER 18, 2023

click for ginormous chart While I am wrapped up working on a few projects today, I wanted to share this map/chart/table showing US real estate prices relative to income. A lot of factors drive home prices — available supply, mortgage rates, inflation, salary/income growth, demand, etc. Its not as simple as many make it out to be. It has also become obvious that the big shortage of single-family homes housing prices has kept prices elevated (although there are some signs that some aspiratio

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CFO Dive

OCTOBER 18, 2023

The move comes as the 10-year-old fintech company is reportedly considering going public after its failed agreement to be acquired by Visa.

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CFO 147

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

CFO

CFO News

OCTOBER 18, 2023

Deloitte India projects GDP growth in the range of 6.5 per cent to 6.8 per cent “signaling a positive outlook for India”. However, as one of the fastest growing countries, it is important for the Government of India to also focus on the MSME sector with appropriate policies and institutional mechanisms.

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CFO News

OCTOBER 18, 2023

Gst Evasion: DGGI had launched a special drive in November 2020 to curb the practice of claiming fraudulent Input Tax Credit (ITC) and prevent revenue leakage.

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Finance 105

Future CFO

OCTOBER 18, 2023

Finance leaders are now starting to delve deeper and ask bigger questions to tech professionals amid the rapidly changing world we have today. Operating chief financial officers act more as strategic partners in times of economic fluctuations. They are tasked with ensuring financial stability and compliance, but their ability to succeed in that respect depends largely on collaboration with CTOs, CIOs and other tech leaders.

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Investments Benchmarking Economics Compliance 64

CFO News

OCTOBER 18, 2023

Wealth creation was led by L&T and followed by Infosys, ICICI Bank, JSW Steel, Bharti Airtel, ITC, UltraTech Cement, Bajaj Auto, Reliance Industries, UPL, Asian Paints and Dr Reddy's Laboratories, on the basis of the number of options issued.

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Banking Numbers 52

Future CFO

OCTOBER 18, 2023

IT services company IBM is expanding its relationship with Amazon Web Services (AWS) to deliver joint solutions upgraded with generative artificial intelligence capabilities for critical uses cases. The move seeks to help more mutual clients operationalise and derive value from generative AI. IBM Consulting is aiming to deepen its generative AI expertise on AWS by training 10,000 consultants by end-2024, eyeing to start with the following specific solutions: Contact Center Modernisation with Ama

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Communication Leverage Planning 52

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!

CFO News

OCTOBER 18, 2023

Consumer goods companies and automakers are optimistic that the upcoming elections in India will boost rural demand. Elections often lead to increased government initiatives, which in turn, stimulate rural incomes and liquidity. Companies like Marico, Dabur, and Godrej Consumer Products have noted that elevated food prices and below-average monsoons have delayed the recovery of the rural economy.

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Future CFO

OCTOBER 18, 2023

Accountants and other professionals involved in implementing sustainability reporting regularly face ethical dilemmas. The Association of Chartered Certified Accountants discusses its guide to prepare financial professionals in real-world scenarios to equip them in managing dilemmas often presented by: • Risks of greenwashing • Weakness in processes and systems • Lacking technical knowledge • Compromises in objectivity and independence.

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Finance Accounting CFO 52

CFO News

OCTOBER 18, 2023

The artificial intelligence startup behind ChatGPT is negotiating the transaction, known as a tender offer, with potential investors, said the people, who asked not to be identified discussing confidential information. The firm hasn’t finalized allocations and terms could still change, some of the people said.

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Valuation Startups 52

Future CFO

OCTOBER 18, 2023

Southeast Asia consumer confidence is on track for a rebound as value-seekers embrace new needs, said Bain recently. According to the SYNC Southeast Asia report “Bold Moves: Leading Southeast Asia’s next wave of consumer growth” by Meta, Bain & Company, and DSG Consumer Partners, 39% of consumers in the region indicated a reduction in average spend in the past year, citing top concerns around economic stability (63%) and cost of living (58%).

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Economics Marketing Technology Investments 52

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 News

OCTOBER 18, 2023

The Indian government is considering asking importers of IT hardware to provide an international certification, attesting that their products are from trusted sources. This move is in response to concerns raised by countries such as China, the US, South Korea, and Taiwan about India's restrictions on the import of these products.

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CFO Leadership

OCTOBER 18, 2023

Until a few months ago upon the public release of ChatGPT, most of us considered the notion of a human-like artificial intelligence like the HAL supercomputer in the movie 2001, or Data, the AI-powered android from Star Trek , something we were unlikely to see in our lifetimes. But as people use new powerful AI tools like ChatGPT and BARD for everything from setting meeting agendas to writing personal letters, shopping lists, and even poetry, an AI-powered future seems likely to become a real

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Accounting Finance Auditing IFRS 52

CFO News

OCTOBER 18, 2023

After 10 years of the Companies Act 2013, one in five board members in Nifty-500 companies is a woman. While this shows progress, there is still work to be done. The law has ensured that all 500 companies have a woman director, but many have only one. Larger boards also tend to have fewer women directors.

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Future CFO

OCTOBER 18, 2023

China-based technology company Baidu launched a new version of its artificial intelligence model, Ernie 4.0, which uses algorithms to produce and create new content. The search engine and AI firm claims that this new version, which reportedly has achieved comprehension, reasoning, memory and generation, rivals models such as OpenAI 's GPT-4 in the US.

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Technology Securities Planning CFO 52

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

CFO News

OCTOBER 18, 2023

Reliance: Proxy firms Institutional Shareholder Services Inc. (ISS) and Institutional Investor Advisory Services (IIAS) have recommended that shareholders vote against the induction of Anant Ambani, the youngest son of Reliance Industries Chairman Mukesh Ambani, to the company's board. ISS cited Anant's limited leadership and board experience as a concern.

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Leadership 52

Fox Corporate Finance

OCTOBER 18, 2023

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Biotech Venture Capital Monitor – USA 09/2023”. The Monitor is a monthly published overview of venture capital trends in the US-Biotech sector. As. Read more The post FCF Biotech Venture Capital Monitor – USA 09/2023 published appeared first on FCF Fox Corporate Finance GmbH.

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Corporate Finance Finance 52

CFO News

OCTOBER 18, 2023

Adani Group, a major player in India's infrastructure sector, is eyeing further expansion in the cement industry. Adani recently acquired three major cement companies and is now reportedly in talks to purchase Orient Cement. The acquisition would strengthen Adani's presence in south India, where ACC, one of the companies it acquired, has capacity constraints.

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CFO Thought Leader

OCTOBER 18, 2023

943: Finding the Path Forward | Donald McClure, CFO, Identity Digital MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software. The Planful platform, which helps businesses drive peak financial performance, is used around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and analytics.

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Restructuring CFO Leadership Budgeting 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

CFO News

OCTOBER 18, 2023

This comes as major Indian IT firms have all reported a drop in their headcounts. India’s largest software exporter, TCS, reported a net fall of 6,333 employees in the second quarter of FY24.

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CFO Dive

OCTOBER 18, 2023

The judge presiding over the fraud case against the former president warned him and others to be quiet Wednesday as tempers flared.

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CFO 289

CFO News

OCTOBER 18, 2023

The Cabinet on Wednesday approved a 4 per cent hike in dearness allowance for central government employees and pensioners effective July 2023, Minister Anurag Thakur said at a press briefing. The Cabinet also approved the minimum selling price (MSP) for six prominent Rabi crops by 7 per cent for the next marketing season for 2024-25.

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Marketing 52

Barry Ritholtz

OCTOBER 18, 2023

My mid-week morning train WFH reads: • How to Invest During Times of War : For those not directly facing conflict, you should focus your investments on those assets that do well during periods of higher inflation since inflation tends to be higher during wartime. Historically this meant investing in global equities, real estate, and short-term bonds.

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Benchmarking Treasury Investments Sales 52

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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.

Reconciliations