Mon.Nov 18, 2024

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How Interim Leadership Can Prevent Financial Disruptions During Transition

E78 Partners

In today’s fast-paced business environment, leadership transitions are often unavoidable due to unexpected departures, mergers, or restructuring initiatives. If not managed effectively, these transitions can introduce significant financial disruptions. Enter interim leadership, a strategic solution providing organizations with the expertise to navigate these challenging times.

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Spirit CFO says post-pandemic airline sector is ‘unrecognizable’

CFO Dive

Budget carriers like bankrupt Spirit Airlines have been “disproportionately” affected by industry headwinds as they rely on “much slimmer margins,” CFO Fred Cromer writes.

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Trending Sources

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Coming March 18: “How Not To Invest”

Barry Ritholtz

Well, that was a lot more fun than I expected! I submitted the final manuscript for my new book, How Not to Invest , last week. The final edit will involve some back-and-forth, but the writing is finished. I recall “ Bailout Nation ” as more of a slog, in part because so much of it happened in real-time. I constantly rewrote entire chapters as various companies blew up.

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Audit committees expand oversight to ESG, cybersecurity, AI: EY

CFO Dive

Nearly four out of five investors said boards should demonstrate expertise in climate, cybersecurity and other risks by detailing their work to limit such hazards, EY said.

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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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Hydrogen Electrolyzers Explained: CFO Derek Warnick on Industrial Decarbonization

CFO Thought Leader

Inside The Mentoring Round , CFO Derek Warnick of Electric Hydrogen explores how the company is revolutionizing industrial-scale decarbonization by producing powerful and efficient hydrogen electrolyzers. These massive machines use renewable energy to split water into hydrogen and oxygen, providing a cost-effective substitute for natural gas in heavy industry.

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More Trending

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Member’s Profile: Vino Govender

CFO Talks

Member’s Profile: Vino Govender In this edition of CFO Club Africa’s Members Spotlight, we are introducing Vino Govender, an accomplished finance professional, and Director at LA Consulting Engineers. Her extensive background includes positions as an ISO 9001:2015 Auditor, Tax Practitioner, and Non-Executive Board Member. As the founder of Usizo Empowerment, Vino blends her qualifications in Financial Accounting with a strong dedication to mentorship and community engagement.

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Maximizing ROI on corporate travel: A CFOs perspective

CFO Dive

CFOs are crucial in managing business travel costs but how do they ensure maximum ROI? Read it here.

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Highlights From The Advise AI Conference 2024

Nerd's Eye View

In recent years, AI has become an increasingly common feature in advisor technology. The possibilities at the intersection of AI and financial advice are exciting – faster processes, better connections, less time on ‘busy work’ – but also come with uncertainty about the future of the field. What might the field of financial advice even look like in 10 years?

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FCMs voice concern over economics and timeline of repo and treasury clearing

Reval

LONDON – 18 November 2024: Sell-side firms that will provide clearing services to. The post FCMs voice concern over economics and timeline of repo and treasury clearing appeared first on ION.

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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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The Crucial Role of Transparent Communication in Finance

CFO Plans

In the ever-evolving financial services industry, maintaining transparent communication between boards and stakeholders is more crucial than ever. As organizations navigate complex financial landscapes, the need for clear, reliable communication strategies becomes a cornerstone for building stakeholder confidence and reinforcing organizational reputation.

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Banking CEOs confident about growth, focused on Gen AI and sustainability, KPMG survey

CFO News

The KPMG CEO Outlook, marking its tenth year globally, found that 66 percent of banking CEOs are optimistic about the growth prospects for the banking and capital markets industry over the next three years.

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Rivian CFO inks $3.5M trading plan as EV industry faces bumps

CFO Dive

President-elect Trump will likely ax the EV tax credit, a proviso of the Inflation Reduction Act, upon taking office in January. Critics say the move will badly impact EV competition.

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Magellanic Cloud CFO Sanjay Chauhan foresees Rs 50,000 crore drone market in India over next 5 Years

CFO News

Magellanic Cloud CFO Sanjay Chauhan outlined plans to tap India’s Rs 50,000 crore expected drone market, targeting 20-25% annual revenue growth. With a focus on drones, IT, and surveillance, the company aims for mid-cap status in 3-4 years.

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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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10 Monday AM Reads

Barry Ritholtz

My back-to-work morning train WFH reads: • Are U.S. Stocks Overvalued? When stocks go up presidents get too much credit and when they go down they get too much blame. It’s mostly circumstantial depending on the timing of cycles and such. But the markets move faster than ever these days. Investors are constantly pricing in the future, sometimes right, sometimes wrong, yet never in doubt.

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India to contribute 20 pc of global workforce growth between 2023-2050, China share to decline: Report

CFO News

India is set to play a pivotal role in global workforce growth, contributing 20 per cent of it between 2023 and 2050, according to a report by Angel One Wealth. In contrast, China is expected to witness a decline in its workforce during this period.

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Govt pushes back on key RBI proposals fearing hit to credit growth

CFO News

The Indian government is pushing back on two key proposals from the Reserve Bank of India (RBI) aimed at increasing bank reserves for infrastructure projects and online deposits. The RBI proposed banks set aside 5% of loans for infrastructure projects under construction and another 5% for "run-off" reserves on digital deposits.

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India's electronics sector set to create 12 million jobs amid skill hunting: Report

CFO News

The projections indicate the creation of 12 million jobs, encompassing 3 million direct and 9 million indirect roles, according to a report by TeamLease Degree Apprenticeship.

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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.

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Food-delivery startup Swish raises usD 2 million in maiden round led by VC firm Accel

CFO News

Angel investors such as founders of Urban Company Abhiraj Bhal and Varun Khaitan, former Swiggy Instamart head Karthik Gurumurthy and others participated in the round. The funds will be used to expand operations and scale its delivery across Bengaluru, and later to other tier-1 cities.

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Embedded finance to unlock $25 bn revenue opportunity for India’s platforms by 2030

CFO News

Embedded finance means where financial services can exponentially expand customer reach by directly integrating within everyday consumer platforms, open digital networks and supply chains.

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Meta disagrees with CCI's privacy policy ruling: Has this 'reminder' for Indian regulator

CFO News

Meta plans to appeal a ₹213 crore penalty imposed by the Competition Commission of India (CCI) for unfair business practices related to WhatsApp's 2021 privacy policy update. Meta disagrees with the CCI's decision, stating that the update didn't change user privacy and offered choices.

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IIFL Home Finance to register Rs 1 trillion AUM in next 3-4 years: Gaurav Seth, CFO

CFO News

IIFL Home Finance's CFO, Gaurav Seth, projects the company's AUM to hit Rs 42-43 thousand crores by this fiscal year's end and Rs 1 lakh crore in the next 3-4 years. Seth outlines plans to achieve this ambitious growth through strategic partnerships, geographic expansion, and a focus on maintaining affordability for customers in challenging economic times.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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Economy likely to grow 6.7% in FY25 due to weaker Q2 performance: Report

CFO News

India's economic growth is projected to reach 6.7% in 2024-25. This follows a weaker second quarter with slower growth indicators. A rebound is expected in the latter half of the fiscal year, driven by agriculture and government spending. Domestic demand will continue to fuel growth, reaching 6.5% in 2025-26 and 2026-27.

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Capex companies will face a longer winter than consumer companies: Ajay Srivastava

CFO News

Ajay Srivastava, CEO of Dimensions Corporate, believes that while the Indian market has faced difficulties, a reversal is underway. He sees positive signs in retail sales, particularly in sectors like two-wheelers, appliances, hotels, and aviation. However, he cautions that capex companies may experience a slower recovery due to limited government spending.

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X faces hiccups in influencer-led monetisation push in India

CFO News

A Kantar survey report in September pointed out a declining trend of brand spending on X. It stated that 26% of marketers are planning to spend fewer of their ad dollars on X in 2025 – the biggest recorded pullback from any major global ad platform. Elon Musk’s X is lagging in influencer marketing in India despite taking several steps to promote influencers and drive content-led engagement.

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Apple offers $100 million to undo Indonesia's iPhone 16 ban

CFO News

Apple has significantly increased its investment proposal to Indonesia, from nearly $10 million to almost $100 million over two years, in an attempt to overturn a sales ban on the iPhone 16. The Indonesian government, however, is requesting that Apple shift its investment focus towards research and development for smartphones within the country.

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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.