Tue.Apr 23, 2024

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Shifting accounting norms for the AI age: EY

CFO Dive

The rise of AI in the accounting space could bolster the need for core financial skills and expertise, EY’s Daren Campbell says.

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994: Balancing Top-Line Growth and Bottom-Line Results | Naresh Bansal, CFO, Menlo Security

CFO Thought Leader

Ask any CFO about their career-building years, and they will likely attribute their success to their adaptability and ability to render strategic insight. This tendency was recently amplified for us when we heard about the experience of Naresh Bansal, a seasoned finance executive who during a pivotal chapter early in his early career discovered that his company was about to be acquired by a larger one, Sage.

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Trending Sources

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PE-backed Kent Outdoors seats new CFO, hunts for Kona Bicycles buyer

CFO Dive

Rob Otto is joining the Salt Lake City, Utah-based company as it puts a beloved mountain bike maker on the block and pivots to focus on water sports.

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FP&A teams must rethink digital function business partnering, Gartner says

Future CFO

The automation of routine finance planning and analysis (FP&A) processes to create bandwidth for value-adding activities is unsustainable, a Gartner, Inc. study finds. This comes despite ongoing modernisation, as the FP&A department still struggle to keep up with the increased demand for decision support in an era of heightened economic turbulence.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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ADM’s suspended CFO to resign amid accounting scandal

CFO Dive

Vikram Luthar — who was placed on a forced leave in January — will assist the company and be paid his base salary until his resignation is effective on Sept. 30.

More Trending

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Stubborn inflation to keep rates ‘higher for longer’: Fannie Mae

CFO Dive

Economists have marked down their estimates for the number of quarter-point cuts to the federal funds rate from as many as six to one or two.

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India objects to ILO report that claims 83% unemployed are youth

CFO News

Labour and employment secretary Sunita Dawra called senior ILO officials and conveyed the government's displeasure over the India Employment Report 2024, prepared by the Institute for Human Development in collaboration with a multilateral organisation, people familiar with the development told ET.

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Big Six tech firms’ profit momentum could be headed for collapse: UBS

CFO Dive

The companies’ growth in earnings per share is projected to drop to 15.5% by the first quarter of 2025, from an estimated 42.2% for the same period in Q1 2024.

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Expect capex for EV components to cross Rs 25,000 cr in next 3-4 years: ICRA

CFO News

There has been substantial localisation in traction motors, control units, and battery management systems over the years, Icra said.

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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High Court ruling eases blow of SEC’s new cyber rules: analysts

CFO Dive

The court’s decision in Macquarie Infrastructure Corp. v. Moab Partners makes it harder for plaintiffs to bring claims based on omissions in SEC filings.

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Exclusive: PayU gets Payment Aggregator licence from RBI; company to onboard new merchants soon

CFO News

PayU Payment Aggregator: This is a testament to our relentless focus on compliance and corporate governance," Anirban Mukherjee, CEO, PayU, told ETBSI.

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A Modern Nonprofit Podcast: Characteristics of an Executive Director

The Charity CFO

On today’s episode of A Modern Nonprofit Podcast, we have the Executive Director of Only Make Believe, Tamela Aldridge. Only Make Believe (OMB) is a 501c3 organization that creates interactive theater environments for children in hospital, special education, and care facility settings. When talking with Tamela, we hear a powerful message from her leadership experience within the organization and when it comes to serving others.

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RBI: Heatwaves, geopolitical tensions may stoke inflation

CFO News

According to Tuesday's state of the economy report by the RBI, extreme weather events and persistent geopolitical tensions may contribute to inflation risks, while also potentially causing fluctuations in crude oil prices. The report highlighted a positive trend in real GDP growth, supported by robust investment demand and optimistic sentiments among businesses and consumers.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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The Mentoring Round | Anisha Sood, CFO, First Choice Health

CFO Thought Leader

Inside The Mentoring Round, CFO Anisha Sood emphasizes the importance of not looking for a single solution or metric to gauge success. Her approach involves building a comprehensive portfolio of indicators, inputs, and investments to support the overall strategy, suggesting a holistic view rather than a narrow focus. Mental Breaks and Physical Activity: Anisha finds audiobooks beneficial for mental relaxation and engagement, while boxing provides her with a physical outlet that requires complete

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Investor group accuses Byju’s of violating NCLT order

CFO News

A group of Byju’s investors led by Dutch investor Prosus is seeking to block a $200 million rights issue and the removal of founder Byju Raveendran as CEO of the edtech firm.

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#FA Success Ep 382: Helping Clients Stay The Course With A More Total Relationship Approach To Their Near-Term Cash Flow Needs, With Tyson Ray

Nerd's Eye View

Welcome everyone! Welcome to the 382nd episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Tyson Ray. Tyson is the CEO of FORM Wealth Advisors, a hybrid advisory firm based in Lake Geneva, Wisconsin, that oversees approximately $900 million in assets under management for just over 800 client households. What's unique about Tyson, though, is how he has developed a planning process he calls their "Total Relationship" approach, which puts an emphasis on determining a c

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Jio veteran Sanjay Mashruwala quits

CFO News

"The Board expressed its gratitude for the valuable contributions made by Sanjay Mashruwala during the company's transformative journey," Reliance Industries Ltd said in an exchange filing on Tuesday.

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Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.

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Reliance tops India Involved Ranking 2023; underlines its commitment to Viksit Bharat

CFO News

Reliance Industries has secured the top position in the India Involved Ranking 2023, which assesses the commitment of Indian corporations to Viksit Bharat. Compiled by Skoch, the ranking and index result from a meticulous six-month study. The evaluation involved analyzing numerous companies across 231 indicators to determine the top 20 corporates in the comprehensive 'India Involved Ranking'.

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IIFL Finance starts special audit

CFO News

IIFL Finance: The embargo was part of RBI's supervisory action over concerns related to certain loan disbursement practices.

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New MD & CEO appointed at Srei Infrastructure Finance under NARCL management

CFO News

The Kolkata-based Kanorias previously controlled the twin companies of SIFL and Srei Equipment Finance Company till RBI superseded their boards over alleged mismanagement in October 2021 and subsequently initiated IBC proceedings. However, NARCL successfully acquired the companies under the Insolvency and Bankruptcy Code (IBC) initiated by RBI to resolve over Rs 32,000 crore debt of the NBFCs.

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M&M Finance postpones results after fraud

CFO News

In a stock exchange notice post midnight, the company said the fraud involved forgery of KYC (know your customer) documents leading to embezzlement of company funds and pegged the total financial impact of the fraud at Rs 150 crore.

Finance 40
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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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CCI clears International Finance Corp's acquisition of debentures in Napino

CFO News

Fair trade regulator CCI on Tuesday said it has approved the proposed subscription to compulsory convertible debentures of Napino Auto and Electronics Ltd by International Finance Corporation. International Finance Corporation (IFC) is a member of the World Bank Group. It helps developing countries achieve sustainable growth by financing private sector investment and providing advisory services to businesses and governments.

Finance 40
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Finance Minister says working to empower rural women with technology

CFO News

Referring to the government's recent initiative of NaMo Drone Didi, which trains women to pilot drones in villages to spray pesticides and fertilisers on crops, the finance minister said teaching women a technology that even men weren't using was a big step in boosting their confidence.

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Fractional ownership platforms start registering under new SEBI regulations

CFO News

Integrated co-working firm EFC (I) Ltd plans to form an investment manager entity to manage assets and investments of SM REIT through a wholly owned subsidiary EFC Ltd. Others like Strata and WiseX are also taking similar steps. The company’s board has approved a proposal to create a step-down subsidiary under EFC Ltd for acting as an investment manager to SM REIT.

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RBI economists cautious as inflation risks linger

CFO News

They are flagging off risks from extreme weather conditions that would pose risks to inflation along with risks from the geopolitical tensions that could flare up crude prices. In their assessment of the economy, the RBI economists in its latest monthly bulletin also say that the economy has to grow 8-10 percent every year to reap the demographic dividend.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.