Wed.Nov 27, 2024

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Clarity in Chaos: Decision-Making Strategies for Uncertain Times 

CFO Talks

Clarity in Chaos: Decision-Making Strategies for Uncertain Times Uncertainty is now a regular part of business. Whether it’s market disruptions, new regulations, global events, or unexpected crises, Chief Financial Officers (CFOs) are often the ones steering the ship through stormy seas. Making the right decisions during uncertain times can be tough, but it’s also one of the most important skills a CFO can have.

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FASB updates convertible debt rules

CFO Dive

The new GAAP guidance stems from a request made by Big Four accounting firms and comes as the convertible bond market is regaining steam.

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Trending Sources

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Enhancing Client Conversations About Charitable Giving: Sample Questions, Scripts, and Tools for Better Engagement

Nerd's Eye View

Charitable giving is an essential aspect of many people's financial lives. Some give through established channels, such as by donating to charities or volunteer work, others may give informally to family members on a regular but less structured basis – and some simply aspire to "do more". Yet, despite the important role that charitable giving can play, studies show that many advisors hesitate to bring up the topic with clients.

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Inflation accelerates as Fed officials view easing with caution

CFO Dive

Some Federal Reserve officials said at a policy meeting this month that the central bank may hit its 2% inflation target later than expected.

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Onwards to 2025: How the accountancy profession gears up

Future CFO

Finance teams found their way in 2024 to keep up with the ever-changing market landscape brought about by a number of factors. The accountancy profession, as we know it, faced challenges in technology--what with the concerns on how artificial intelligence poses threat on their jobs regarding the way it can take over their roles. It also went through hurdles in talent management, as finance leaders grapple with the evolving roles--mastering the art of reskilling, upskilling, and talent retention.

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Samsung CFO takes on new role in management shake-up

CFO Dive

The shift comes on the heels of profit struggles at Samsung and the company’s public apology to investors.

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More Trending

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PE pressure could spur more tech M&A

CFO Dive

The tech sector has a rising hunger for M&A deals that is expected to persist into 2025, but the U.S. election introduces new uncertainties, KPMG deal experts said.

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Meeting the Informational Needs of Decision Makers: A CFO’s Guide 

CFO Talks

Meeting the Informational Needs of Decision Makers: A CFO’s Guide Picture this: you’re in a boardroom, presenting data that leaves your CEO nodding in understanding, your COO energised with clarity, and your team ready to act. This is the dream of every CFO—to deliver information that doesn’t just inform but drives smart, timely decisions. Achieving this requires more than crunching numbers; it demands insight, context, and actionable recommendations.

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Abercrombie & Fitch Co. taps new CFO as sales surge 14%

CFO Dive

The Abercrombie and Hollister brands both saw strong double-digit growth in the third quarter, despite weather disruptions.

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Benefits of Interim CFO Consulting

E78 Partners

Companies increasingly require adaptability and skill in financial management. Interim CFO consulting delivers an efficient alternative for companies, granting access to top-tier financial management without the commitment of permanent employment. Whether handling a growth phase, tackling an economic downturn, or shifting between CFOs, an interim CFO can provide vital support and direction during critical periods.

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BMO and All Nations Trust Company Partner to Provide Greater Access to Capital to Indigenous Entrepreneurs

Bank of the West

At a signing ceremony in the unceded and traditional Tk’emlúps te Secwépemc territory, BMO and All Nations Trust Company (ANTCO) today announced a groundbreaking partnership to provide Indigenous clients in… Read more The post BMO and All Nations Trust Company Partner to Provide Greater Access to Capital to Indigenous Entrepreneurs appeared first on About BMO.

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Benefits of Interim CFO Consulting

E78 Partners

Companies increasingly require adaptability and skill in financial management. Interim CFO consulting delivers an efficient alternative for companies, granting access to top-tier financial management without the commitment of permanent employment. Whether handling a growth phase, tackling an economic downturn, or shifting between CFOs, an interim CFO can provide vital support and direction during critical periods.

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India’s fiscal deficit to fall 19 bps below target: Ind-Ra

CFO News

India's fiscal deficit is projected at 4.75% of GDP in 2024-25, 19 basis points lower than budgeted, due to fiscal discipline and slower economic activity. The government remains on track to achieve the 4.5% target in 2025-26. Higher tax revenues and lower capital expenditure contribute to this positive outlook, despite some underperformance in non-tax revenues and disinvestment.

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Benefits of Interim CFO Consulting

E78 Partners

Companies increasingly require adaptability and skill in financial management. Interim CFO consulting delivers an efficient alternative for companies, granting access to top-tier financial management without the commitment of permanent employment. Whether handling a growth phase, tackling an economic downturn, or shifting between CFOs, an interim CFO can provide vital support and direction during critical periods.

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MSPL eyes Rs 4,500 crore topline with major expansion and foray into steel making: Anil Kavadiya, Group CFO

CFO News

The iron ore pellet maker is well-positioned to become a dominant force in India’s steel industry, contributing significantly to the country’s infrastructure development and sustainability goals, said Kavadiya.

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MiB: Michael Morris on Tribalism

Barry Ritholtz

This week, we speak with Michael Morris , cultural psychologist and Chavkin-Chang Professor of Leadership at the Columbia Business School. Prior to joining Columbia, he was a tenured professor at Stanford’s Graduate School of Business and Psychology Department. Morris has published over 200 articles in leading behavioral science journals and has received countless international awards from scholarly societies across several fields.

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Food items may shed weight in CPI basket

CFO News

A revision of India's Consumer Price Index (CPI) is underway, potentially reducing the weightage of food items. This change, based on the latest Household Consumption Expenditure Survey, could lower both headline inflation and its volatility. Experts suggest this shift reflects changing consumption patterns and may lead to more stable inflation readings, closer to the RBI's 4% target.

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Defense Startups and SMBs Prepare for Trump 2.0

CFO Share

As President-elect Donald Trump narrows in on potential picks for deputy secretary of defense , the defense industry is speculating what significant shifts in policy and priorities might be in store. Trump’s history of favoring financiers and innovators over entrenched bureaucracy suggests his selection could disrupt the traditional dynamics of the military-industrial complex.

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US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate

CFO News

Within the GDP data, a category that measures the economy’s underlying strength rose at a solid 3.2% annual rate from July through September, up from 2.7% in the April-June quarter. This category includes consumer spending and private investment but excludes volatile items like exports, inventories and government spending.

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BMO takes action to support economic justice and opportunity in Latino communities

Bank of the West

Across California, Latino-led organizations are working tirelessly to build a brighter future for their communities. They are creating opportunities for economic advancement, advocating for health equity, and fostering cultural vibrancy. Latinos are twice as… Read more The post BMO takes action to support economic justice and opportunity in Latino communities appeared first on About BMO.

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Icra revises down volume growth forecast for cement industry to 4-5% for FY25

CFO News

In July this year, Icra had forecast a year-on-year volume growth of 7-8 per cent, expecting a better pick-up in demand in the second half.

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Hero MotoCorp launches programme to support startups in automotive industry

CFO News

Under the programme, selected startups will get exclusive access to Hero MotoCorp's research and development facilities in Germany and India, besides the company's extensive network of dealers, suppliers and partners, along with mentorship.

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Nirmala Sitharaman & Co said to be evaluating windfall tax

CFO News

India's finance ministry is considering scrapping the windfall tax on domestic crude oil output, according to Tarun Kapoor, an adviser to the Indian prime minister.

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Satish Gupta appointed liquidator for Jet Airways

CFO News

Jet Airways is officially entering liquidation after a five-and-a-half-year struggle to resolve its ₹7,800 crore debt. The Supreme Court overturned the NCLAT's approval of a takeover bid, leading the NCLT to appoint Satish Kumar Gupta as liquidator. The consortium, unable to meet revival conditions, sealed the airline's fate after years of insolvency proceedings.

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US weekly jobless claims decline further

CFO News

​ The number of Americans filing new applications for unemployment benefits fell again last week, but many laid-off workers are experiencing long bouts of joblessness, keeping the door open to another interest rate cut from the Federal Reserve in December.

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How will the new PAN card system work?

CFO News

By integrating multiple functions and enhancing data security, the government aims to provide faster, more accurate services to taxpayers while advancing the broader goals of digitalization and sustainability.

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Healthy ambitions: LIC eyeing ManipalCigna

CFO News

LIC plans to buy half of ManipalCigna Health Insurance. The deal could be worth ₹4,000 crore. This move will let LIC enter the health insurance market. ManipalCigna is a joint venture between Manipal Group and Cigna Corporation. Both will reduce their stakes if the deal happens. LIC's managing director hinted at this acquisition during an earnings call.

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Adani allegations shine spotlight on India's clean energy conundrum

CFO News

India's renewable energy dream faces hurdles. State distributors are hesitant to buy renewable power. This delays projects and impacts clean energy goals. Adani Group's bribery allegations worsen the situation. The government is pushing for more renewable projects. But a lack of buyers creates a bottleneck. Experts suggest better planning to match supply and demand.

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Akasa Air gets notice over pilot retraining lapse

CFO News

India's DGCA issued a notice to Akasa Air for neglecting to provide mandatory corrective training to a pilot involved in a hard landing incident. A March flight from Bagdogra to Bengaluru landed harder than permitted. Regulations require additional simulator training after such incidents, but the pilot only received counselling. Akasa Air's head of training has two weeks to respond.

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Regulator asks fund houses, PMS cos to disclose more about 'dodgy' investors

CFO News

The market intermediaries will have to submit the data, along with a slew of other information, to the regulator by November 30, an official with a large asset manager told ET.