Mon.Feb 17, 2025

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Get More Out Of Time-Tracking Software With Useful Data And Regain Control Of Your Time

Nerd's Eye View

In order to deliver the best service to their clients, financial advisors often take on responsibilities beyond giving financial advice, including compliance, marketing, team management, and other operational duties. With only so many hours in a day and demands coming from every direction, it can be challenging to prioritize the most important things for growing an advisory firm.

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NFRA report flags audit lapses at PwC firms, highlights related party transaction and independence concerns; firms commit to improvements

CFO News

The National Financial Reporting Authority (NFRA) has published its 2023 audit inspection report on Price Waterhouse Chartered Accountants LLP (PWCA) and Price Waterhouse & Co Chartered Accountants LLP (PW & Co CA), highlighting issues related to the verification of related party transactions and adherence to independence standards. In response, both firms have committed to making necessary improvements to their audit processes and policies.

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Trending Sources

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Realigning financial strategies with Asia's economic shift

Future CFO

Asia, by 2040, is anticipated to be contributing 42% of global GDP, showing how the region is on the cusp of a new era and is on its way to expanding its global influence, according to McKinsey & Company. The global management consulting firm's analysis found that Asia could be home to 60% of the Fortune Global 500 companies and have 55% of the worlds total workforce.

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KPIs vs Metrics: What's the Best Way to Monitor Performance?

The Finance Weekly

Thriving in business requires more than just data collection, it also needs to identify the figures that impact growth. Lets take a quick example from Amazon sellers analyzing data. They might track conversion rate as a Key Performance Indicator (KPI) to measure how effectively potential customers turn into buyers. Meanwhile, the click-through rate serves as a supporting metric, showing how many people click on a product listing after seeing it in search results.

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The 2025 State of Financial Automation

Financial automation isn’t the future—it’s the now. BILL partnered with SMB Group to survey 750 US financial decision-makers and reveal how small and midsize businesses (SMBs) are using trends and insights to tackle challenges and drive growth. The responses are eye-opening! Download our 2025 State of Financial Automation report to uncover: Key automation trends for 2025 and beyond Top concerns and attitudes about automation How AI is driving smarter, faster decisions The challenges of the finan

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The Key to Effective Risk Management in Business with Chris Weeks, CFO Center UK

CFO Talks

The Key to Effective Risk Management in Business with Chris Weeks, CFO Center UK In the latest CFO Club podcast, we had the pleasure of hosting Chris Weeks from CFO Center UK. Chris shared invaluable insights into effective risk management strategies and how businesses can better prepare for uncertainty. Here are some key takeaways from our discussion: 1.

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7 Reasons Every Startup Needs a Fractional CFO from Day One

CFO Selections

Executive Summary: In this article, well explore why every startup should consider hiring a fractional CFO from day one and discuss how a fractional CFO can help prevent costly mistakes that could derail a business. Launching a startup is an exhilarating journey, full of opportunity and innovation. However, the path to success is also fraught with financial complexities that can overwhelm even the most capable entrepreneurs.

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1072: Numbers, Narratives, and Navigating Change | Amy Butte, CFO, Navan

CFO Thought Leader

It was a phone call Amy Butte tells us she will never forget. Lifting the receiver, she heard the familiar voice of her fatheran accountant who had always championed her career. But this time, his words were tinged with a curious mixture of praise and amazement. He simply couldnt fathom how his daughter, who had taken only one accounting class, was now the CFO of the New York Stock Exchange.

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Sailing Through Rapid Business Growth Challenges

CFO Plans

In the whirlwind world of tech startups and fast-growing businesses, navigating rapid expansion can feel like sailing through a storm. The excitement of growth is palpable, but it comes with its own set of challenges, particularly in managing cash flow. As your business scales, the potential for financial strain increases, making it crucial to adopt proactive measures to identify and solve cash flow problems.

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India leading the next phase of global outsourcing expansion: Deloitte report

CFO News

India's outsourcing sector is transforming, with 81% of organizations planning to increase efforts due to technological advances, expertise access, and cost efficiency. Strategic services and AI-driven outsourcing are expanding, leading to outcome-based contracts. Combining GBS centers, third-party providers, and BOT models, India remains a preferred destination for outsourcing, offering significant cost savings and innovative solutions.

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8 Pillars of Leadership Development

Great leadership development is the key to sustainable business growth. Are you ready to design an effective program? HR can use Paycor’s framework to: Set achievable goals. Align employee and company needs. Support different learning styles. Empower the next generation of leaders. Invest in your company’s future with a strong leadership development program.

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Transcript: Christine Phillpotts, Ariel Investments

Barry Ritholtz

The transcript from this weeks, MiB: Christine Phillpotts, Ariel Investments , 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 Riol on Bloomberg Radio. 00:00:16 [Speaker Changed] This week on the podcast I have another extra special guest.

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Fino Payments Bank ready for swift transition to SFB if approval comes, says CFO Ketan Merchant

CFO News

CFO Ketan Merchant told ETCFO that while the transition to a small finance bank will enable Fino Payments Bank to introduce credit as an additional offering, the bank will remain committed to its core fee-based model. With the current network of 18 lakh merchants, Fino aims to focus on the lower-end SME segment for lending. Merchant discussed current growth drivers, regulatory requirements on transition to SFB, and the way forward.

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10 President’s Day Reads

Barry Ritholtz

My back-to-work morning train WFH reads: OnlyFans Sticky Business Model : One of the wildest recent stats Ive seen is that 1.4 million American women have created an OnlyFans account, equivalent to 2% of all American women aged 18-45. That figure is from writer Tiana Lowe Doescher and she based it on OnlyFans data, so take them with a grain of salt.

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SC seeks response from MCA on NFRA appeal over quashed show-cause notices to auditors

CFO News

The Supreme Court sought responses regarding an appeal by the NFRA against a Delhi High Court decision that quashed show-cause notices to auditors like Deloitte for procedural violations. The Court allowed NFRA to continue disciplinary proceedings under certain conditions, pending further hearings. The case involves significant legal implications and concerns over potential misconduct by auditors.

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Smart Tech + Human Expertise = How to Modernize Manufacturing Without Losing Control

Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives

Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri

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State of the Economy: How macroeconomic indicators performed in January 2025?

CFO News

As India steps into 2025, the economy finds itself at a crossroads, marked by ambitious reforms, shifting market dynamics, and persistent challenges. The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, underscores the governments focus on economic growth, with key measures aimed at easing the burden on the middle class and salaried workers.

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ICSI, ICMAI demand inclusion of co secretaries, cost accountants as 'accountant' in Income Tax Bill

CFO News

The Institute of Company Secretaries of India (ICSI) and the Institute of Cost Accountants of India (ICMAI) urge the government to recognize their members as 'accountants' in the Income Tax Bill, 2025. They emphasize the crucial role these professionals play in compliance with tax regulations and seek a level playing field.

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India maintains DEI momentum as US firms pause DEI efforts

CFO News

US firms are re-evaluating their DEI commitments amid changing political climates, with some corporations rolling back initiatives. However, in India, MNCs and their affiliates are showing resilience. Though some companies are pausing or modifying DEI programs, many continue under other frameworks like CSR and workplace culture improvement.

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Tesla starts recruitment in India, sends signal of entering EV market

CFO News

Tesla is recruiting for a range of roles in India, focusing on the Mumbai Suburban area, signaling its intent to enter the Indian market. This move follows Elon Musk's discussion with Prime Minister Modi and India's new EV policy aimed at attracting global players with import duty concessions for manufacturing investments.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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India, Qatar ink MoUs to strengthen economic ties

CFO News

Commerce and Industry Minister Piyush Goyal announced on Tuesday that two MoUs have been signed between the Qatari Businessmen Association (QBA) and Confederation of Indian Industry (CII) and another between Invest Qatar and Invest India. The Minister also announced the elevation of the Joint Working Group on Trade and Commerce to the Ministerial level.

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India, Italy hold discussion to strengthen collaboration in agriculture, defence and space

CFO News

India and Italy held discussions in New Delhi to enhance collaboration in key sectors such as agriculture, defence, space, infrastructure, and transport.

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Economy expected to grow 6.4 pc in Q3: ICRA

CFO News

India's GDP is projected to grow by 6.4% in the December quarter, driven by increased government spending on capital and revenue expenditure. Enhanced investment activity and high growth in services exports also contributed, although uneven consumption remains a challenge. The National Statistical Office will release the October-December growth estimates on February 28.

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India delivering good returns on investments: Nirmala Sitharaman

CFO News

Union Finance Minister Nirmala Sitharaman emphasized that India provides good returns on investments, which attracts investors seeking profit. Finance Secretary Tuhin Kanta Pandey noted that FIIs tend to return to their home countries during global uncertainties. Sitharaman affirmed measures to control inflation, and the government is considering increasing the DICGC cover.

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The AI Race Isn’t Just About Tech Superiority – Its the Supply Chain, Stupid!

The race to dominate AI is no longer about who has the smartest algorithms — it's about who can build and scale faster. Behind every AI breakthrough lies a battle for resources: data centers, compute hardware, power, and telecom infrastructure. And right now, even tech giants are hitting a wall. Our latest white paper reveals the six critical supply chain elements that are increasingly separating AI leaders from the rest.

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Unregistered persons can now generate e-Way Bill for GST compliance; Step-by-step guide on how to file ENR-03 on E-Way Bill portal

CFO News

GSTN Advisory February 15, 2025: Unregistered dealers engaged in the movement or transportation of goods can now generate e-Way Bills by enrolling themselves on the EWB portal and obtaining a unique Enrolment ID. This ID will serve as an alternative to the Supplier GSTIN or Recipient GSTIN for generating e-Way Bills. Read below for step-by-step guide on how to file ENR-03 form.

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Experts intrigued by inclusion of electoral bonds in new Income Tax Bill

CFO News

The new Income Tax Bill, 2025 includes provisions on electoral bonds despite their unconstitutionality as ruled by the Supreme Court last year. Experts suggest this could be an oversight or a strategic move by the government to potentially reintroduce a revised version of the scheme.

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Finance Minister hands over keys to homebuyers under SWAMIH Fund in Mumbai

CFO News

Union Finance Minister Nirmala Sitharaman handed over keys to homebuyers of long-stressed residential projects completed under the SWAMIH I Fund, marking the completion of 50,000 homes. Established in 2019, the SWAMIH Fund aims to revive stressed housing projects and boost affordable housing.

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Byju's committee of creditors votes to appoint new resolution professional

CFO News

The lenders action follows the tribunal directing the CoC to submit its recommendation on the appointment of a new resolution professional, after NCLT found lapses in the conduct of RP Pankaj Srivastava and had called for initiation of disciplinary proceedings against him.

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2025 Global Finance Leaders Survey

79% of finance leaders we surveyed say they play a multifaceted role—ensuring financial stability, managing risk, and enabling transformation. In our 2025 Global Finance Leaders Survey, 751 global leaders shared their biggest challenges, top priorities, and outlook for the year ahead. Here’s what you’ll learn in the survey report: An in-depth look at different leadership approaches and what they mean for finance leaders Top challenges facing finance leaders, from data reliability to talent manag

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10 min delivery to 10 min supply, India Inc's ready for the game

CFO News

Quick commerce sales have doubled for most fast-moving consumer goods companies.

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Rupee seen at 86.5-87.5 against dollar in near term

CFO News

While the INRs outlook faces several risks, its prospects remain cautiously optimistic, driven by strong domestic fundamentals and a relatively stable global environment.

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Strategic partner unlikely now for Whirlpool India: Group CFO James Peters

CFO News

Whirlpool Corp plans to reduce its stake in Whirlpool India from 51% to 20%, allowing the Indian entity more investment autonomy while retaining long-term branding and technology agreements. The decision aims to focus on growth and market penetration in India. Whirlpool India may also outsource support functions to streamline its resources towards product development and marketing.

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