Tue.Oct 31, 2023

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Biden’s AI order calls for guardrails to protect workers

CFO Dive

The effort highlights growing concerns in Washington over the risks posed by artificial intelligence as companies rush to adopt it.

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J&K Bank's statutory auditors removed prematurely

CFO News

The removal came in the backdrop of the auditors issuing a qualified opinion on the bank’s FY23 accounts with respect to funds raised via the employee stock purchase scheme 2023 (ESPS).

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Trending Sources

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Former AIG CFO dies following medical leave

CFO Dive

In a tribute to the late Shane Fitzsimons, the global insurer’s CEO Peter Zaffino praised the former CFO’s “legacy of extraordinary leadership.

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947: Finding Pathways to Innovation | Teresa Chia, CFO, Vertafore

CFO Thought Leader

Among the different career phases that Teresa Chia credits with having helped to advance her down the CFO path, there is little question that Phase 2 was the most formative. Still, how she came to enter this phase had little to do with career ambitions—or at least her own career ambitions. The second phase of Chia’s career was triggered by a personal event: her husband received an offer to join the falculty at Dartmouth College.

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GEP Outlook Report 2025

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

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Companies relying on foreign sales see Q3 earnings slump 4.7%

CFO Dive

The dollar rose against other major currencies during the third quarter, eroding revenues at large companies such as Pfizer and Exxon Mobil, FactSet said.

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More Trending

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Amazon CFO credits AI with boosting ad business

CFO Dive

The technology giant is leaning into machine learning as it seeks to improve the relevancy of the ads it shows to customers.

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Tata Consumer Products' Group CFO L Krishnakumar retires

CFO News

L Krishnakumar the Executive Director & Group CFO retires from the company after working for more than 18 years in the company.

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#FA Success Ep 357: Building A High-Tech High-Touch Advisory Firm With The Modern Advisor Tech Stack, With Jon Henderson

Nerd's Eye View

Welcome back to the 357th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Jon Henderson. Jon is the Founder and CIO for Echo45 Advisors, an independent RIA based in Walnut Creek, California, that oversees $163 million in assets under management for more than 180 client households. What's unique about Jon, though, is how he has carefully vetted and curated his advisor tech stack of third-party software to provide a strong "high-tech" client experience… and

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I Bond’s fixed rate rises to 1.3%, highest in more than 16 years

Tips Watch

Composite rate for I Bonds rises to 5.27%. Fixed rate for EE Bonds rises to 2.70%; doubling factor holds at 20 years. By David Enna, Tipswatch.com The Treasury announced today it is raising the permanent fixed rate on the U.S.

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Profit in the Details: Rethinking Spend for Monumental Impact

Speaker: Aaron Berson

Managing spend is more than a cost cutting exercise – it's a pathway to smarter decisions that unlock efficiency and drive growth. By understanding and refining the spending process, financial leaders can empower their organizations to achieve more with less. Explore the art of balancing financial control with operational growth. From uncovering hidden inefficiencies to designing workflows that scale your business, we’ll share strategies to align your organization’s spending with its strategic g

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Transcript: Michael Carmen, Wellington

Barry Ritholtz

 The transcript from this week’s, MiB: Michael Carmen, Co-Head, Private Investments, Wellington Management , 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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Stop Crying and Buy Bonds

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: ►4th Quarter Rally? – Positive economic surprises say we are due for a Q4 meltup. ►Great News – American wealth hitting new highs. ►Effective Interest Rates – “This increased cost of capital is.

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Using Specialists for Revenue Recognition and Quote-to-Cash Projects Can Increase Value and Lower Risk

Bramasol

Most of us have encountered situations that call for turning to specialists with deep expertise in a specific area whenever it is critical for our health or safety. For example, if tests conducted by your primary physician show problems with your heart, you'd expect a referral to a cardiologist rather than having your general practitioner do surgery in their office.

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At 55.5, India manufacturing PMI softens in October to eight-month low: S&P Global

CFO News

Manufacturing Pmi: The hiring activity and business confidence slipped to a five-month low in October, said S&P Global.

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Navigating Bleisure Travel: A Guide for Mid-Sized Companies

Bleisure travel — where employees combine work and leisure — has been around since the advent of corporate travel and is here to stay. Successful bleisure policies strike a balance between employee preferences and company goals — workers report a 64% improvement in work-life balance, while companies benefit from reduced travel costs and increased workforce innovation.

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All about Capital Expenditure (CapEx) in FP&A

Spreadym

Capital expenditure (CapEx), refers to the money a company spends on acquiring, upgrading, or maintaining physical assets that are expected to generate long-term benefits or value for the business. These assets are typically used in the production of goods and services, and they have a useful life that extends beyond the current accounting period. Capital expenditures are essential for a company's growth, productivity, and competitiveness.

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Cloud resources financial management as key to business innovation

Future CFO

Cloud computing has been proven to play a role in revolutionising how businesses innovate and grow in today’s hypercompetitive global environment, and the race to the cloud has enabled businesses to enter a new realm of speed and agility. However, only a few are cashing in on the cloud’s promise to drive down costs, as challenges are mounting amid the proliferation of multi-cloud environments.

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Zee-Sony merger: NCLAT chairperson-led bench to hear appeals by Axis Finance and IDBI Bank

CFO News

Appeals filed by Axis Finance and IDBI Bank against the merger of Zee Entertainment and Culver Max Entertainment (formerly Sony Pictures Networks India) will now be heard by a bench presided over by the chairperson at the National Company Law Appellate Tribunal (NCLAT).

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How CFOs can help boost talent retention

Future CFO

After the tumult of the pandemic years, many technology companies are now seeking stability through long-term profitable growth. An organisation’s workforce plays a significant role in whether it can achieve profitable growth, and hiring and retention have never mattered more. HR is often considered the one-stop shop for all things people management, but a CFO can wield substantial influence in how a company treats—and hopefully retains—its workforce.

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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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'5-day office week is dead.' Harsh Goenka not on the same page with Narayana Murthy, roots for hybrid work to achieve ambition & productivity

CFO News

The Infosys boss has managed to polarise India Inc. through his controversial proposal of a 70 hour a week work schedule.

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Finance leaders' balancing act between risk, transformation

Future CFO

A number of finance leaders in the Southeast Asian region were revealed to have been pursuing a bold transformation agenda in a bid to bring change to the function for the future, according to a study by accounting firm EY. The study found that only a small number of CFOs in Southeast Asia are pursuing a bold finance transformation agenda. Despite significant room for improvement, only 14% of CFOs in the region are making bold, holistic changes to transform the function for the future.

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Group of Ministers may oversee online gaming regulation

CFO News

The GoM will likely include home minister Amit Shah, finance minister Nirmala Sitharaman, IT minister Ashwini Vaishnaw and information and broadcasting minister Anurag Thakur as members, ET has learnt.

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Why It's Important to Work with Specialists in RevRec and QTC

Bramasol

Most of us have encountered situations that call for turning to specialists with deep expertise in a specific area whenever it is critical for our health or safety. For example, if tests conducted by your primary physician show problems with your heart, you'd expect a referral to a cardiologist rather than having your general practitioner do surgery in their office.

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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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To tap FPIs, govt plans to GIFT wrap masala bond issue

CFO News

Sources aware of the development told ET that in recent talks at the Gandhinagar-based GIFT City, the government, the Reserve Bank of India (RBI) and investors had discussed early plans regarding the quantum of the bond sale and other operational matters.

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CFOs in Southeast Asia well-placed to qualify for top job, survey says

Future CFO

Chief financial officers in Southeast Asia are well-placed to play a more strategic role in their organisations, making them more qualified to take on their companies' top job in the future. EY 's 2023 Global DNA of the CFO study reveals that finance leaders in the region can unlock strategic business value and potentially realise the ambition of becoming a CEO.

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Capex and spending double engine: Core strong; car dispatches hit a fresh high

CFO News

The Index of Eight Core Industries rose 8.1% in September from a year earlier, with coal, steel and electricity posting robust growth, data released on Tuesday showed. It rose 8.4% in July and 12.5% in August, marking a strong quarter despite September growth slipping to a 4-month low.

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10 Tuesday AM Reads

Barry Ritholtz

My Two-for-Tuesday morning Halloween train reads: • The race to create the ‘Amazon of real estate’ could change homebuying forever : Decades of mounting regulations, an influx of new players in the industry, and the fallout from the housing market’s collapse in 2008 have made real-estate transactions increasingly bloated with paperwork and intermediaries.

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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