Mon.Jun 17, 2024

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How Financial Advisers Can Boost Online Reputation Through Google Reviews (While Complying With SEC Marketing Rule Requirements)

Nerd's Eye View

Online reviews are commonly given and used by consumers across many industries, from finding a good restaurant in a new town to reviewing a lawn care service provider. Nonetheless, fewer than 10% of SEC-registered investment advisers report using them, even though the SEC’s updated investment adviser marketing rule allows financial advisors to proactively encourage testimonials (from clients), use endorsements (from non-clients), and highlight their own ratings on various third-party revie

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EY’s $1B pledge targets 10% raise in starting CPA-track pay

CFO Dive

The Big Four firm’s new initiative is tackling one of the most cited causes of the shrinking accounting talent pipeline: comparatively low starting salaries.

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Trending Sources

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Market Concentration

Barry Ritholtz

A quick break from book authorship to share a fascinating set of data and charts, via Sam Ro. In his weekly missive, Sam points to some amazing charts from Global Financial Data. They are based on historical data that looks at 200 Years of Market Concentration. You might be surprised at the findings. As the chart above shows, there are long periods of market concentration.

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IRS aims to end ‘shell game’ by partnerships, targets $50B extra in taxes

CFO Dive

Tax dodging by complex partnerships “has been overlooked for more than a decade,” IRS Commissioner Daniel Werfel said Monday.

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The Growth Architect: How Financial Leaders are Unlocking Potential

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.

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DBS Equity Capital Markets Head Art Karoonyavanich On A Decade Of Growth

Global Finance

A 10-year veteran at DBS Bank, Karoonyavanich recently expanded his role to cover all Equity Capital Markets business for the bank globally when the firm merged its equities, fixed income and brokerage businesses to form a new Investment Banking unit. The Investment Banking unit, which sits within DBS’ newly formed Global Financial Markets group, has already marked a stellar year, further solidifying the bank’s capital markets presence in key regions like Singapore, mainland China, Hong Kong, In

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CIMA names president

Future CFO

The Chartered Institute of Management Accountants (CIMA) named finance transformation business leader, Simon Bittlestone , FCMA, CGMA, as the 91 st President of the Institute. Bittlestone will also serve as ninth Chair of the Association of International Certified Professional Accountants (the Association), according to a press release. The profession will be focusing on three critical areas during Bittlestone's year in office: Innovation & Transformation.

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The role of finance is shifting. Here’s what it means for you.

CFO Dive

As finance evolves, leaders must embrace growth and modernize operations. Here’s how CFOs can lead the charge.

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Protected: Job Description for a Fractional CFO

Beacon CFO Plus

This content is password protected. To view it please enter your password below: Password: The post Protected: Job Description for a Fractional CFO appeared first on BeaconCFO Plus.

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ASC 842 lease accounting software for the long term

CFO Dive

Lease accounting solutions have to be advanced enough to actually solve both the problems of today and those to come.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

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!

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Planful Reviews

The Finance Weekly

Financial planning and analysis (FP&A) is important in automating all of the manual tasks in the finance department and giving everyone greater insights into the data. FP&A not only supports business and financial decision-making but also provides management with insights into the organization’s strategic plans and investments. Essentially, FP&A is about optimizing financial management, aiding executives in making informed decisions, and establishing a strategy based on reliable and

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McDonald’s ends automated drive-thru pilot

CFO Dive

The fast food chain still sees a future for automated order taking at the drive-thru and expects to make a decision about the tech by year’s end.

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FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 05/2024 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 04/2024”. The Monitor is a monthly published overview of venture capital trends in. Read more The post FCF Healthcare & Life Sciences Venture Capital Monitor – USA – 05/2024 published appeared first on FCF Fox Corporate Finance GmbH.

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French co Mazars plans to grow India staff strength to 6,000, aims to be among top six audit firms

CFO News

Mazars aims to become one of the top six auditing firms in India by 2030 as it looks to quadruple its existing staff in the country. In an exclusive interaction with ETCFO Bharat Dhawan, Managing Partner at Forvis Mazars in India reveals their ambitious growth plans, strategic mergers, staffing challenges, and expectations from the new government.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

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

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Kingfisher names Bhavesh Mistry as the next CFO

CFO News

Kingfisher's current CFO, Bernard Bot, is set to retire in January 2025 at the earliest.

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Indian Energy Exchange aims for double-digit growth in trading volumes, says CFO Vineet Harlalka

CFO News

CFO: Harlalka emphasizes strategic priorities in technology, leadership, and regulatory navigation for operational excellence and market leadership.

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Coca-Cola offers a $1-billion swig to India Inc families

CFO News

Coca-Cola India is seeking to sell a minority stake in its subsidiary, Hindustan Coca-Cola Beverages, following PepsiCo's model of outsourcing bottling operations to Varun Beverages Ltd.

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Fitch raises India's FY25 growth forecast but isn't that optimistic about global growth

CFO News

Fitch Ratings on Tuesday raised India's growth forecast to 7.2 per cent for FY25. Meanwhile, the global growth forecast has been revised downwards.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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Vivo set to open Rs 3,000 cr India facility in July

CFO News

Vivo’s new unit is spread over 170 acres in Greater Noida, and compares with Samsung’s own mobile phone manufacturing plant — the country’s largest — which was inaugurated in 2018 and also has a capacity to manufacture 120 million units a year.

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Vi dials lenders for Rs 23,000 cr term loans, seeks Rs 10,000 cr in bank guarantees

CFO News

Vodafone Idea (Vi) proposes borrowing Rs 23,000 crore in term loans and seeks Rs 10,000 crore in bank guarantees to enhance its telecom infrastructure and compete with Reliance Jio and Airtel.

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Peak XV, Steadview, and Think Investments line up to fund jewellery retailer Bluestone in pre-IPO round

CFO News

Jewellery retailer Bluestone is in talks with Peak XV Partners, Steadview Capital, and Think Investments for a $100 million pre-IPO round. The investment is expected to value Bluestone at around $900 million pre-money.

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Subsidy allocation likely to stay at Interim Budget mark of Rs 4.1 lakh crore

CFO News

The Centre aims to reduce the fiscal deficit to 5.1% of GDP, with allocations for food and fertiliser subsidies slightly lower than previous estimates. Plans include reducing dependency on imports for better fertiliser subsidy management.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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BPCL may invest Rs 1,400 crore in green aviation fuel units

CFO News

State-run Bharat Petroleum Corp (BPCL) is speculated to set up sustainable aviation fuel (SAF) units at its three refineries. This plan will help support the government's 1% blending target. For the said project, the company will invest up to Rs 1,400 crore in setting up these facilities.SAF is produced from various sources such as agricultural waste, fats, used cooking oil, or non-food crops.

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India Inc braces for revenue uncertainties in Q1 on slow govt spending, monsoon onset: Icra

CFO News

Corporates are preparing for revenue uncertainties in the April-June period due to a slowdown in government spending and the onset of the monsoon season, as reported by domestic rating agency Icra. Sequential revenue growth is expected to taper in the first quarter of the fiscal, with a 6.

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Cybersecurity no longer a corporate function: Wipro's head of strategy

CFO News

Wipro's global head of strategy and risk practice, Saugat Sindhu, highlighted the industry's lack of cybersecurity talent and emphasized the importance of a CISO in minimizing cyber incidents' impact on businesses.

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Paytm appoints Rajeev Agarwal to board; Neeraj Arora resigns

CFO News

Paytm has appointed former Sebi whole time member Rajeev Krishnamuralilal Agarwal to the board as non-executive independent director as Neeraj Arora had resigned citing "personal commitments"

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Back to Basics with Reconciliations

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.