Tue.Nov 28, 2023

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Employers willing to pay ‘premium’ for AI-skilled workers: AWS study

CFO Dive

Nearly three out of four (75%) of employers who view the hiring of talent with AI skills as a priority reported having difficulty finding qualified candidates.

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Medanta parent Global Health's Group CFO Sanjeev Kumar resigns

CFO News

Sanjeev Kumar Saxena has tendered his resignation from Global Health, the company overseeing hospitals under the Medanta brand, citing personal reasons.

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Trending Sources

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FASB’s new segment guidance will go swiftly into effect

CFO Dive

Public companies will be required to comply with the new accounting requirements in reports for annual periods beginning on Dec. 15.

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10 Tuesday AM Reads

Barry Ritholtz

My Two-for-Tuesday morning train reads: • In the Stock Market, Don’t Buy and Sell. Just Hold. There’s new evidence that market timing doesn’t work. Your odds of success are better if you just hang on and aim for average returns, our columnist says. ( New York Times ) see also The “Art” of Market Timing : Market timing is extremely difficult, very few people (if any) do it consistently well.

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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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Driving the GenAI journey: Teradata CFO

CFO Dive

CFOs must take point on plotting a company’s AI course, navigating compliance and governance, and finding key talent and use cases, Teradata’s CFO Claire Bramley said.

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More Trending

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Consumer confidence rises after a three-month decline: Conference Board

CFO Dive

The gain in consumer confidence preceded a surge in online spending on Black Friday.

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'China slows, India grows': S&P pegs 7% GDP growth for India by 2026

CFO News

S&P Global Ratings forecasts India's GDP to reach 7% by 2026, surpassing China's expected 4.6% growth. The report, titled 'China Slows India Grows,' envisions a shift in Asia-Pacific's growth engine from China to South and Southeast Asia. S&P projects China's GDP to slow to 4.6% in 2024, India's to expand at 6.4% in the current and next fiscal years, and rise to 7% by 2026.

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Small Cap Tech Stocks Are Taking Off

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Year End Rally – Choose your weapon – tech almost always leads bull markets. ►Calm Breaks Out – One man’s calm is another man’s euphoria?

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955: When It’s Time to Raise Your Hand | Lauren St. Clair, CFO, NerdWallet

CFO Thought Leader

It was back in 2016 when Lauren St. Clair realized that it was time to raise her hand. Online marketplace giant eBay had just completed a deal to acquire the Spanish online ticket platform Ticketbis, and St. Clair, a 9-year eBay veteran, was itching to get overseas. eBay had entered the online ticket business in 2007 with its acquisition of StubHub, and the addition of Ticketbis now promised to fatten StubHub’s international revenues, a development that St.

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

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.

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Welcome to the all new ritholtzwealth.com

The Reformed Broker

The new online home of Ritholtz Wealth Management has (finally) arrived! It’s ironic that we’re a firm with ten content creators and all these big blogs but we’ve never really paid much attention to what our corporate site looks like or how it works. It was just always an afterthought. Until today. Our old site was fine. It just didn’t do anything for anyone.

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The road to better audit

Future CFO

Treading along the rapidly changing market has been proven to be not the easiest task, especially after the COVID-19 pandemic when all sectors and industries were altered. In the financial function of an organisation, it is imperative that resources are maximised and data held are being used properly and efficiently. Good audit equates to less time wasted, as some leaders recount that 'time is money'.

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Cabinet gives a go ahead to some 16th Finance Commission's terms, free ration scheme extension

CFO News

The union cabinet on Wednesday likely approved a few terms of the 16th Finance Commission in a meeting held on Tuesday, as per media reports. However, there has not been any official announcement yet.

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Business leaders’ top destination for expansion

Future CFO

Asia Pacific is business leaders’ top destination for expansion despite lower appetite for M&A, said EY recently when releasing its latest EY CRO Outlook Pulse survey. The quarterly EY survey of 1,200 global CEO reveals that Asia Pacific CEOs continue to be on the offense when investing for the future, with a clear majority (84%) planning some kind of transaction in the next 12 months.

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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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For more capital, Byju’s must pass a tough test

CFO News

These investors have asked the company to file its audited financials for the year ended March 31, 2023, at the earliest. In addition, they want founder Byju Raveendran to loosen his day-to-day control over operations at the firm, the sources added.

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Climate risks as a consideration in audit processes

Future CFO

It is not always on the obvious side of the business world, but climate risks and sustainability are among the considerations to look into in dealing with financial functions within an organisation. As with many, if not all, risks surrounding a finance leader's decision-making process, climate risks should be taken with due carefulness and caution to reduce setbacks that can directly impact the business.

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Ant Group arm to offload 3.4% stake in Zomato for Rs 3,290 crore

CFO News

According to a term sheet released by the deal broker, BofA Securities, Alipay Singapore Holdings, an entity of the Ant Group, has proposed to sell 296.1 million shares at an offer price of ₹111.28 per share. The offer price is at a 2.2% discount to Zomato's closing price on Tuesday.

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Volunteer Management: What Every Nonprofit Needs to Know

The Charity CFO

Volunteering is an essential piece of any nonprofit. Some nonprofits can’t function without the help of their volunteers. But how can nonprofit leaders ensure their volunteers are effective while creating a space that encourages volunteers to return? The key lies in a strong, well-run volunteer management program. This guide will walk you through volunteer management best practices so your organization can optimize volunteer contributions, retain volunteers, and create a lasting impact for your

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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.

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Jubilant FoodWorks plans to fully buy DP Eurasia in Rs 670-cr deal

CFO News

Jubilant FoodWorks Ltd (JFL), the operator of Domino’s Pizza and Dunkin Donuts, intends to acquire an additional 51.16% stake in DP Eurasia NV, the exclusive master franchisee of Domino's Pizza in Turkey, Azerbaijan, and Georgia. The acquisition, valued at EUR 73.36 million (Rs 670 crore), will be executed through a subsidiary. Currently, JFL's wholly-owned arm, Jubilant FoodWorks Netherlands B.V, holds 48.

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Banking Transformation: The Journey from Embedded to Contextual Banking

FISPAN

Dive into the evolution of finance with our article on Embedded Finance. Explore its historical roots, understand its modern applications, and grasp its transformative impact on the banking landscape. From early merchant practices to the rise of contextual banking, discover how embedded finance is reshaping the way we experience financial services. Join us in unraveling this financial revolution and learn why traditional banks need to adapt now to seize the opportunities presented by this dynami

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MSME Pharma companies under the lens over drug quality issues

CFO News

More than 65% of MSME firms have been found to be manufacturing drugs that are not of standard quality (NSQ), during risk-based inspections of pharma companies conducted since December last year, said a person with knowledge of the matter.

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Cracking the Code of Legal Structures

KG Virtual CFO

Are you considering starting a new business? How about looking to maximize tax savings in your current business? Whether you are a new entrepreneur taking the leap of faith or an established business owner, it’s important that you choose a business structure that maximizes your tax savings. Let’s dive into a few common business structures and their tax implications, giving you the information needed to choose the right structure for your business.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

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

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Centre checks on banks' cyber fraud readiness

CFO News

The government assessed the readiness of banks and financial institutions to combat cybersecurity challenges and rising digital payment fraud. Financial services secretary Vivek Joshi revealed the suspension of seven million mobile numbers due to suspicious transactions.

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Demystifying the Role of the CFO in Exit Planning

Focus CFO

Discover how fractional CFOs can drive the value acceleration work needed for successful exit planning. At FocusCFO we help entrepreneurs build value for succession, sale, ESOP, and more.

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India's pharma biz can reach USD 130 billion by 2030: Industry experts

CFO News

Chairman of PharmExcil (Pharmaceuticals Export Promotion Council of India) Veeramani S V said the Indian pharmaceutical industry is on a compelling growth trajectory, evidenced by an 8 per cent year-to-date increase in exports and a remarkable 29 per cent surge in October alone.

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Transcript: Peter Atwater

Barry Ritholtz

The transcript from this week’s, MiB: Peter Atwater, Financial Insyghts , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ This is Masters in Business with Barry Ritholtz on Bloomberg Radio.

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Solve Your Firm's Automation Complexities Once and For All

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.