Fri.Apr 11, 2025

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China raises tariffs on US imports to 125%

CFO Dive

Once the increase takes effect Saturday, the country signaled that it won't retaliate further if the U.S. hikes duties again.

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The Nonprofit Budget Balancing Act: Crafting Budgets for Fundraising Success

The Charity CFO

The Nonprofit Budget Balancing Act: Crafting Budgets for Fundraising Success Nonprofit leaders know all too well that crafting budgets isnt just about numbersits about storytelling. When it comes to securing funding, your budget serves as a narrative tool, helping funders understand your mission, your needs, and your impact. But the challenge lies in the fact that not all funders want to see the same story.

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Trending Sources

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Consumer sentiment plummets, inflation expectations soar amid trade war

CFO Dive

“There’s been a sharp decline in consumer sentiment, and business sentiment measures have weakened too,” New York Federal Reserve Bank President John Williams said.

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MiB: Anthony Yoseloff, Davidson Kempner CIO

Barry Ritholtz

This week, I speak with Anthony Yoseloff , Managing Partner and CIO of Davidson Kempner. Tony joined the firm in 1999. He holds a J.D. from Columbia Law School and an M.B.A. from Columbia Graduate School of Business Administration. Aside from his time at Davidson Kempner, Tony also holds various board seats, including the Board of Trustees of Princeton University and the Board of Directors of PRINCO.

CFO 59
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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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DOGE poses danger to FTC data, fired commissioners say

CFO Dive

The pair, who served as Democrats on the commission, said they were “deeply concerned” that DOGE may access confidential business data at the FTC.

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More Trending

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FASB sets clock for derivatives rules update

CFO Dive

Existing accounting standards have led to “scope creep,” with derivative standards being applied too often, FASB Chair Richard Jones said.

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Sebi bats for ‘optimal regulation,’ likely to revamp norms

CFO News

SEBI Chairman Tuhin Kanta Pandey announced a potential regulatory overhaul to ease compliance burdens and modernize norms. SEBI is collaborating with the RBI and government to simplify investment rules for overseas funds and individuals in the Indian stock market, including exploring fungibility between FPI and FDI.

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Indonesia card payments market to reach $87B in 2029

Future CFO

Indonesia's card payments market is expected to reach $87 billion in 2029, supported by the constant consumer shift towards electronic payments, according to analytics company GlobalData. The market is forecast to register a compound annual growth rate (CAGR) of 8.8% between 2025 and 2029 to reach IDR1,379.4 trillion in 2029, as the card payment value in Indonesia is expected to register an estimated growth of 2.6% to reach IDR984.7 trillion ($62.1 billion) in 2025.

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Limelight Announces Integration with Power BI: The Future of FP&A and Analytics

Lime Light

Toronto, ON April 2025 Limelight Software, a leading provider of modern FP&A solutions, announced its new integration with Microsoft Power BI, empowering finance teams with real-time insights, streamlined planning, and cutting-edge analytics.

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How to Set Better OKRs and Drive Results

Before you can achieve success, you have to define it. Objectives and Key Results (OKRs) give you the framework to do just that. Paycor’s free guide includes a step-by-step process leaders can use to work toward – and achieve – their loftiest business goals.

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Canara Bank appoints Amit Mittal as Group CFO for three-year term

CFO News

Canara Bank has appointed Amit Mittal, a senior official with over 16 years at the bank, as Group CFO, elevating him from his previous roles across branches and administrative offices.

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Achieving Seamless ERP Integration with SAP Consulting and Implementation Services

Navigator SAP

When following a fit-to-standards approach, an SAP enterprise resource planning solution (ERP) will meet roughly 80 percent of your organizations needs right out of the box. The other 20 percent will require extensions that bring specific functionality needed for your business and integrations that connect your ERP system with other systems, such as third-party logistics or specific online marketplaces.

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PwC wraps up IndusInd Bank’s accounting review; forensic probe by Grant Thornton underway

CFO News

PwC has concluded its accounting review of IndusInd Bank's derivatives portfolio, submitting draft findings to management amidst discrepancies in forex derivative transactions. While the review focused on accounting, Grant Thornton Bharat is conducting a forensic investigation to determine the root cause and accountability for mark-to-market derivative losses.

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Welcome to the I Bond ‘buying season’

Tips Watch

Buy in April to lock in the 1.2% fixed rate? Or buy in May to start with a higher composite rate? By David Enna, Tipswatch.com Long-time investors in U.S.

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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.

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FY25 has been better than FY24 for TCS as promised; confident FY26 will also be better than FY25: K Krithivasan

CFO News

TCS reported strong FY2025 performance, exceeding FY2024, with confidence in surpassing it in FY2026, fueled by a robust $12.2 billion order book. While sequential margins saw a slight dip due to strategic investments, the company remains optimistic about growth, particularly in BFSI and Europe, aspiring for double-digit expansion despite macro challenges and uncertainties.

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Weekend Reading For Financial Planners (April 12–13)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the U.S. Senate has confirmed Paul Atkins to be the next Chair of the Securities and Exchange Commission (SEC). In terms of enforcement actions, Atkins is expected to prioritize instances of investor harm and be less inclined to issue sanctions for technical rule violations (which were more frequent under previous SEC Chair Gary Gensler).

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RBI to boost banking system liquidity with Rs 40,000 crore OMO and repo operations

CFO News

The Reserve Bank of India (RBI) is set to inject liquidity into the banking system through open market operations (OMO) and variable rate repo (VRR) auctions this month. These measures aim to achieve a system liquidity surplus of 1% of net demand and time liabilities (NDTL) and to offset the impact of GST outflows.

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Key Financial Metrics Every Business Should Track for Growth

Capital CFO LLC

In todays competitive business environment, managing finances effectively is crucial for long-term success. Whether you’re a startup or an established company, understanding and monitoring the right financial metrics can provide valuable insights into your companys health and growth potential. By closely tracking these numbers, you can make informed decisions that drive profitability, efficiency, and scalability. […] The post Key Financial Metrics Every Business Should Track for Grow

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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.

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Inter-state supplies to unregistered persons, composition taxpayers non-editable from Apr returns: GSTN

CFO News

"The GSTR-3B shall be filed with the auto-populated values as generated by the system only," it added.

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Moore Kingston Smith advises Asteria Group on latest acquisition

Accountancy Today

Moore Kingston Smiths corporate finance team has advised Asteria Labels and Packaging Group once again to advise on its acquisition of Dublin-based printing company Label World. The European packaging company, which is backed by Waterland Private Equity, also entrusted Moore Kingston Smith to advise on its acquisition of Essex-based Compliance Labelling in 2023 and Dublins Label Tech in 2024.

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India supports first global carbon tax on shipping

CFO News

The move marks the first time a global carbon tax has been imposed on an entire industry. Starting 2028, ships will either have to shift to lower-emission fuels or pay a fee for the pollution they generate.

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10 Friday AM Reads

Barry Ritholtz

My end-of-week morning train WFH reads: The Market Check : Congress Blinks; Law Firms Cower; The Market Speaks.( Intrinsic Value by Roger Lowenstein ) Tariff Q&A: Welcome to the Actual Inbox : A brief comprehensive guide that hopefully answers all your questions.( Kyla’s Newsletter ) see also The Trump White House Cited My Research to Justify Tariffs.

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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.

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PSU banks cut lending rates to below 9% following RBI repo rate reduction

CFO News

Punjab National Bank, Indian Bank, UCO Bank, Bank of India, and Bank of Baroda have all announced reductions in their external benchmark-linked lending rates, aligning with the RBIs policy rate cut.

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Poor show by manufacturing, mining pulls down IIP growth to 6-month low of 2.9 pc in Feb

CFO News

India's industrial production growth slumped to a six-month low of 2.9% in February 2025, primarily due to the underperformance of manufacturing, mining, and power sectors. Official data indicates a deceleration across use-based categories, except electricity. The government revised January's growth upward to 5.2%.

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Rupee jumps 61 paise at settle at 86.07 against US dollar

CFO News

The rupee strengthened by 61 paise to 86.07 against the US dollar, driven by a weaker dollar and a strong recovery in Indian stock markets. This surge followed the temporary suspension of US tariffs on India. The domestic equity market also saw significant gains, with the Sensex rising by 1,310.11 points and the Nifty by 429.40 points.

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India's forex reserves rise by $10.8 billion to $676.26 billion as of April 4, 2025

CFO News

India's foreign exchange reserves experienced a significant increase, climbing by $10.8 billion to reach $676 billion as of April 4, 2025, according to the Reserve Bank of India's latest data. The RBI actively monitors foreign exchange markets and intervenes to maintain stability by managing liquidity and preventing excessive exchange rate volatility.

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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.