Mon.Dec 30, 2024

article thumbnail

Recruitment and Retention Strategies for a Nonprofit

The Charity CFO

In a recent episode of A Modern Nonprofit Podcast, host Tosha Anderson sat down with Greg Miller, President and CEO of Penn-Mar Human Services, to discuss the critical issues of recruitment, retention, and strategic partnerships in the nonprofit sector. With over three decades of experience in human services and nonprofit management, Miller shared valuable insights on how organizations can attract and retain top talent while fostering meaningful partnerships.

article thumbnail

The Best Of Weekend Reading 2024: Top 24 Articles You Might Have Missed

Nerd's Eye View

Each week in Weekend Reading For Financial Planners, we seek to bring you synopses and commentaries on 12 articles covering news for financial advisors including topics covering technical planning, practice management, advisor marketing, career development, and more. And as 2024 draws to a close, we wanted to highlight 24 of the most popular and insightful articles that were featured throughout the year (that you might have missed!).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Arthur Zeikel’s Investing Rules

Barry Ritholtz

Arthur Zeikel was a founding principal of Standard & Poor’s/InterCapital, Inc., and served as Chairman of the Board. He eventually became president of Merrill Lynch Asset Management, leading the division with a value-oriented approach and a focus on long-term fundamentals. He was an adjunct professor at NYU STern School of Business. He co-authored Investment Analysis and Portfolio Management , now in its fifth edition.

article thumbnail

Rewind 2024: Apple in India makes significant strides amid premiumisation, PLI push, retail expansion

CFO News

Within the electronics sector, smartphone exports have recorded a 45 per cent increase in exports as leading players such as Apple expand production in the country. Apple's entry into India, supported by its vendors Foxconn, Pegatron, and Tata Electronics, has boosted smartphone exports this year.Apples iPhone production reached $10 billion in the seven months of this fiscal (FY25), with $7 billion in exports alone which is a record.

Retail 40
article thumbnail

Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

article thumbnail

10 Monday AM Reads

Barry Ritholtz

My almost back-to-work morning WFH reads: The C.E.O.s Are Tripping. Can Psychedelics Help the C-Suite? A growing cottage industry is dedicated to the theory that mind-altering drugs can improve business leadership. ( New York Times ) MicroStrategys secret sauce is volatility, not bitcoin : Self-reinforcing market forces are creating demand for Michael Saylors lottery ticket convertible bonds. ( Financial Times ) see also The Investing Cult Fueling MicroStrategys Ascent: Have Fun Staying Poor R

More Trending

article thumbnail

Adani Enterprises to fully exit Adani Wilmar in $2 bn multi-phased deal

CFO News

Adani Enterprises Ltd will exit its 44 per cent holding in Adani Wilmar Ltd in two phases, selling up to 31.06 per cent to Wilmar Internationals subsidiary, Lence Pte Ltd, and approximately 13 per cent to meet public shareholding requirements. The transaction will be completed via a call or put option mechanism, with the agreement signed on December 30, 2024.

49
article thumbnail

Wrap 2024: IBC reforms focused on liquidation flexibility, enhanced creditor representation

CFO News

In its eighth year of operations, the Insolvency and Bankruptcy Code (IBC) of India handled a total of 8,002 cases as of September 2024. The 2024 reforms introduced flexibility in liquidation frameworks, improved creditor representation, harmonised personal guarantor insolvency, strengthened insolvency professionals roles, mandated financial transparency, and integrated AI and blockchain to streamline processes and enhance recoveries.

45
article thumbnail

Wrap 2024: Digital transformation, agility, and strategic leadership transformed the CFO community, say finance leaders

CFO News

As 2024 comes to a close, CFOs reflect on a transformative year, where digital agility, strategic leadership, and resilience were key. Facing economic uncertainty and disruption, CFOs evolved into drivers of growth, innovation, and long-term success, reshaping the corporate landscape.

article thumbnail

Rise in rural demand, urban wages likely to spur consumption; but will geopolitics oblige?

CFO News

The Indian economy is expected to see strong growth next year, contingent on improved consumption, investment, lower inflation, and interest rates, along with a stable geopolitical environment. Significant factors include a revival in rural and urban demand, boosted public investment, and potential impacts from US trade policies.

article thumbnail

Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

article thumbnail

India's economic growth slumps to 5.4%: What it means for future policy changes

CFO News

Growth slumped to 5.4 per cent in the July-Sept quarter, leading RBI to revise its growth forecast for 2024-25 to 6.6 per cent. There are calls for a rate cut to boost demand and growth. While rural demand remains strong, urban demand has slowed. Experts suggest persisting with reforms in light of global uncertainty and the upcoming budget may provide guidance.

article thumbnail

Small language models set to be the next big thing in AI

CFO News

Like large language models (LLMs), SLMs can generate human-like language but are trained on smaller datasets with fewer parameters. They are said to be easier to train and use, consuming less computational power, more cost-effective, and better suited for specific tasks.

40
article thumbnail

Electric scooter maker Ather Energy receives Sebi nod for IPO

CFO News

With this, the Hero MotoCorp-backed company will become the second EV maker in India to go public, after Bhavish Aggarwal-led Ola Electric. The IPO includes a fresh issue of equity shares worth up to INR 3,100 crore and an OFS of up to 2.2 crore equity shares by existing shareholders.

40
article thumbnail

Gujarat tax notice prompts Bajaj Electricals to pay ₹284

CFO News

Bajaj Electricals chooses not to contest the tax demand and penalty issued by the Gujarat Government on August 2, 2024, for 218. The decision follows certain suppliers' failure to pay corresponding taxes. The company opts to settle the demand and penalty voluntarily before any formal order is issued.

40
article thumbnail

What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

article thumbnail

Streamline taxation, bolster manufacturing in Union Budget: PHDCCI

CFO News

This increased demand encourages business expansion, driving economic growth. Additionally, the reduction in tax burdens can help mitigate inflationary pressures too, Jain said during the industry interaction with Finance Minister Nirmala Sitharaman here.

article thumbnail

India's digital capital increased entrepreneurship, business income: World Bank

CFO News

The World Bank's latest assessment highlights India's digital advancement as a key factor driving entrepreneurship, income generation, and social advancement. The report emphasizes the role of digital technologies in benefiting small vendors and economically underdeveloped regions. It acknowledges Nandan Nilekani's contribution in establishing Aadhaar and recognises the vital role of India's IT sector, including TCS and Infosys.

Banking 40
article thumbnail

Companies grapple with costs, complexity of overlapping cybersecurity laws

CFO News

Additionally, there are the overarching mandates under the Digital Personal Data Personal (DPDP) Act, with its Rules around the corner, which not only holds organisations accountable for data security but also could penalise them with hefty fines.

article thumbnail

Zomato shares in focus after Magicpin plans to go public in 2025

CFO News

Magicpin, supported by Zomato, aims to go public in 2025. The company will enter the quick commerce segment for food delivery under the magicNow brand in several cities. Magicpin successfully completed 75,000 deliveries during its pilot phase. Zomato shares increased by 4.3%, reaching a market capitalization of Rs 2,71,753 crore.

article thumbnail

Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

article thumbnail

Premium real estate companies to play out well in 2025; look at FMCG stocks from next quarter or so: Deven Choksey

CFO News

Commodity-related businesses and the finance sector are expected to do well with potential rate reductions in the next six to eight quarters. India's growth program will positively impact real estate. The stock market outlook is positive. The performance of large-cap companies and FMCG sectors may improve. Pharma and real estate industries show growth potential.

Finance 40
article thumbnail

Hindalco Industries faces Rs 47.74 lakh penalty from GST authorities

CFO News

Hindalco Industries received a fine and penalty totaling Rs 47,74,752 from the Deputy Commissioner of Central GST, Ranchi, over disallowed transitional Cenvat Credits. The company plans to appeal, believing they have a strong case. The order, dated December 16, 2024, was received on December 26, 2024, and disclosed per SEBI regulations.

article thumbnail

HUL takes direct-to-Kiranas distribution route

CFO News

Hindustan Unilever is streamlining its distribution process by directly supplying products to kirana stores in Mumbai, with the aim to reduce supply time to under 24 hours. Distributors will manage orders and payments, while HUL handles logistics. The initiative will expand to Delhi and other metros, enhancing service efficiency.

40
article thumbnail

India Inc seeks triple boost: jobs, infra, consumption

CFO News

They urged finance minister Nirmala Sitharaman to rationalise the taxation system, lower the cost of doing business and initiate next-level policy reforms during a pre-budget consultation she held with all leading business chambers and industry groups on Monday.

article thumbnail

Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

article thumbnail

Rise in household debt because number of borrowers rose: RBI

CFO News

India's household debt is increasing, driven primarily by rising borrower numbers rather than higher average indebtedness. The Reserve Bank of India highlights this growth is particularly among subprime borrowers using loans for consumption and super-prime borrowers leveraging debt for asset creation. Rising debt among high-rated borrowers is considered financially stabilising.

Numbers 40
article thumbnail

India launches pilot project for skills training of girls to boost their presence in labour force

CFO News

India launches door-to-door mobilisation drive to train 3,800 adolescent girls in 27 districts across 19 states in skills like IT and hospitality, aiming to increase female workforce participation and economic growth. The project offers incentives and holistic development, targeting early workforce entry.

article thumbnail

Prospects of economy expected to improve in 2025: RBI Governor

CFO News

RBI Governor Sanjay Malhotra asserts that India's economy is set to improve in 2025 due to high consumer and business confidence, despite early growth moderation. Financial sector stability and a resilient global economy, along with easing monetary policy, are expected to support this growth trajectory.

40
article thumbnail

India's manufacturing sector's contribution to GVA will surge to 21 pc by 2032 from 14 pc now: Report

CFO News

The manufacturing sector in the country is poised for significant growth, with its contribution to the Gross Value Added (GVA) expected to rise from the current 14 per cent (USD 459 billion) to 21 per cent (USD 1,557 billion) by 2032.

article thumbnail

Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.