Fri.May 24, 2024

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Streamlining Financial Processes with Cloud-Based Solutions

CFO Plans

Unleashing Efficiency with Cloud-Based Accounting Software In today’s fast-paced business environment, efficiency is no longer a luxury but a necessity. For modern businesses, particularly those navigating the complex waters of financial management, SaaS-based accounting software has emerged as a game-changer. This technology not only streamlines processes but also enhances collaboration and provides real-time insights, empowering teams to make informed decisions in a rapidly evolving market.

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KPMG alum rises to FASB leadership post as first female vice chair

CFO Dive

Hillary Salo was already poised to extend women’s historic majority on the seven-member FASB when she joins in July. Now she will be its first female vice chair.

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Comparing SAP S/4HANA Cloud Public and Private Editions

Navigator SAP

Growing-focused businesses have a choice when deciding which SAP enterprise resource planning solution (ERP) they should adopt: SAP S/4HANA Cloud Public Edition or S/4HANA Private Edition. While many firms will benefit more from the Public Edition and its software-as-a-service model, there are substantive differences between the two and cases when the Private Edition makes more sense.

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Gensler slams crypto after House passes bill opening ‘regulatory gaps’

CFO Dive

A growing number of companies in the U.S. and elsewhere have turned to digital assets as an alternative to conventional currencies, according to Deloitte.

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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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More PEs head to India armed with big money to bag deals

CFO News

Growtheum Capital Partners, a private equity firm headquartered in Singapore, is scheduled to inaugurate its Mumbai office this July, joining the growing list of PE investors in India. At the same time, US-based private equity firm Platinum Equity is evaluating investment opportunities across various sectors such as healthcare, technology, and infrastructure as it prepares to enter the Indian market.

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Air India appoints Tata Projects' Sanjay Sharma as new CFO

CFO News

Tata-owned Air India appoints Sanjay Sharma as the new CFO succeeding Vinod Hejmadi who retires after a long tenure with the India's flag carrier airline.

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SBI jumps the gun, sets out to make infra loans costlier

CFO News

SBI introduces new loan clause transferring increased costs due to tighter provisioning regulations, amid industry resistance. RBI issues draft guidelines on project loan financing and provisioning. Banks, including SBI, seek relaxation from proposed norms impacting infrastructure project bids.

Finance 52
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Study suggests India should impose wealth tax on the ultra-rich to tackle wealth inequality

CFO News

A World Inequality Lab study recommends India implement a wealth tax on the ultra-rich to combat wealth inequality and boost social sector investments. Proposed measures include a 2% annual tax on wealth over Rs 10 crore and a 33% inheritance tax on estates exceeding the same value. Authors emphasize the need for progressive taxation to address extreme wealth disparity.

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Aditya Birla Group crosses $100 billion market capitalization milestone

CFO News

The group has seen a surge of 11.42% this year. Vodafone Idea's successful Rs 18,000-crore FPO single-handedly effected a re-rating of the group stocks. The conglomerate’s market capitalisation rise has outrun Sensex, Nifty on a year-to-date basis.

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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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NCLT admits Srei's insolvency plea against Supreme Infrastructure BOT

CFO News

The National Company Law Tribunal (NCLT) has accepted Srei Infrastructure Finance's request to commence a corporate insolvency resolution process (CIRP) against Supreme Infrastructure BOT due to its failure to repay a loan. Srei Infrastructure Finance had provided a term loan of Rs 150 crore to Supreme Infrastructure BOT for a duration of five years, earmarked for infrastructure projects.

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Sebi cracks the whip on finfluencers trying to manipulate IPOs

CFO News

The move is meant to restrict the impact of finfluencers in the IPO market and help investors have an easier understanding of key features of an offer. All IPO-bound companies are mandated to make videos informing investors not to rely on finfluencers or financial influencers circulating misinformation on social media platforms.

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Infrastructural & Economic Growth Paving India’s highway to the Amrit Kal

CFO News

India’s rapid economic growth and robust infrastructural developments are propelling it towards a promising future. Discover how progressive reforms and strategic investments are positioning India as a global powerhouse.

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Post-pandemic, Indians shopped.till they dropped (in FY24)

CFO News

Pent-up demand post-Covid led to booming sales in athleisure wear and lifestyle products. Kumar Rajagopalan notes the unsustainable high growth post-pandemic and the impact on consumer spending.

Sales 40
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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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Yellen says India and China hindering 'Pillar 1' tax deal

CFO News

U.S. Treasury Secretary Janet Yellen told Reuters in an interview on the sidelines of a G7 finance leaders meeting in Italy that China also has been "all but absent" in the negotiations to finalize "Pillar 1" of the OECD corporate tax deal reached in principle in 2021 that involves 140 countries.

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RBI's record dividend presents a delicious dilemma for new Indian government

CFO News

As India prepares for a new government by June 4, a significant Rs 2.11 lakh crore windfall awaits allocation. Options range from faster deficit reduction to increased spending. Analysts anticipate positive investor sentiment, though preferences vary between deficit reduction and expenditure.

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India data center boom to drive 10 million sq ft realty demand by 2026

CFO News

Cloud Service Providers (CSPs), which furnish information technology infrastructure primarily for data storage and computing power via the Internet, have adjusted their strategies to accommodate AI-driven demand. These providers have also disclosed plans for increased investments to support AI-driven growth.

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RBI approves appointment of Pradeep Kumar Sinha as Part-time Chairman of ICICI Bank

CFO News

The RBI has approved Pradeep Kumar Sinha's appointment as Part-time Chairman of ICICI Bank, effective July 1, 2024, for a three-year term.

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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.