Thu.May 02, 2024

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Finding the Right Accounting Partner

CFO Plans

When it comes to revolutionizing your financial management, finding the right accounting partner is a critical decision. With numerous options available, how can a CFO navigate this complex landscape and find the perfect match? Understanding Your Business Needs Before beginning your search, it’s essential to have a clear understanding of your business needs.

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Peloton cuts jobs, searches for new CEO amid financial turmoil

CFO Dive

“We made some very tough decisions, and while we firmly believe these actions are the right thing to do for the business, cuts like this are painful,” CFO Liz Coddington said.

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Why the FED Should Be Already Cutting

Barry Ritholtz

The Fed held its benchmark Federal-Funds rate steady yesterday at 5.25% – 5.5%, leaving the possibility of cuts in the future. Jerome Powell repeated his “ Data Dependent ” mantra. “Persuasive evidence” that higher interest rates were no longer necessary to bring down inflation is what the FOMC wants, and today I want to share a few pieces of that evidence.

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Driven Brands CFO resigns after one year on job

CFO Dive

The automotive services company’s shares slumped Thursday after it released earnings and announced its finance chief is leaving the company.

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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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Kitces & Carl Ep 137: When Does Your Career Transition From Saying “Yes” To Opportunities And Focusing More On “No” Instead

Nerd's Eye View

A career as a financial advicer can be remarkably rewarding, as it offers the opportunity to have a meaningful impact on clients' lives all while making a good living. However, the main hurdle that almost every advicer faces, particularly those who launch a practice from scratch, is that the early years are often a struggle as new advicers try to attract clients, generate revenue, and start to build their businesses.

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GST National Coordination meeting on Friday may discuss tightening noose on fake registrations

CFO News

Central and state GST officers will convene to discuss various issues, including stricter registration norms to combat fake companies evading taxes. This meeting follows record-high GST collections of Rs 2.10 lakh crore in April, driven by economic momentum and enhanced scrutiny. Among the topics on the agenda are tightening GST registration to deter fraudulent companies and tracking the money trail of GST fraud masterminds.

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APAC companies to voluntarily comply with EU's sustainability reporting directive

Future CFO

Companies in the Asia Pacific region are looking to partially or fully align their sustainability disclosures with the European Union's Corporate Sustainability Reporting Directive (CSRD), according to an independent study by software-as-a-service company Workiva Inc. The third annual 2024 ESG Practitioner Survey polled more than 2,000 people involved in corporate reporting, including finance and accounting, sustainability, risk, and internal audit professionals across North America, Europe, a

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India Inc revenue growth likely moderated in Q4

CFO News

Among the 47 sectors monitored by Crisil, only 12 are expected to have clocked an improvement in revenue growth both sequentially and on-year for the quarter.

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Applications are open! BMO is offering $150,000 in grants to help U.S. women-owned businesses make progress

Bank of the West

BMO, in collaboration with Deloitte, has launched its annual BMO Celebrating Women Grant Program, an initiative dedicated to helping U.S. women-owned businesses make real financial progress. Inspired by its… Read more The post Applications are open! BMO is offering $150,000 in grants to help U.S. women-owned businesses make progress appeared first on About BMO.

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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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The Evolving Role of Board of Directors in Ensuring Effective Corporate Governance

CFO News

In an era of PermaCrisis, Santosh Kumar, Partner at Deloitte India, illuminates the evolving landscape of corporate governance, urging boards to embrace agility, diversity, and foresight to navigate unprecedented challenges and ensure sustainable success.

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The Mentoring Round | Aaron Levine, CFO, Prophix

CFO Thought Leader

Inside The Mentoring Round, CFO Aaron Levine explains how he views AI as a supportive tool rather than a replacement for human jobs. He champions AI’s role in augmenting the capabilities of finance professionals, through tools like the AI-driven ‘report insights’ feature in Prophix’ platform. Levine emphasizes the critical importance of system and team integration from day one during mergers and acquisitions.

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ADIA, KKR book a $1.5b space in Reliance Retail warehouse

CFO News

ADIA and KKR invest $1.5 billion in RRVL's warehousing assets, managed by RPPMSL. RRVL transfers assets to RLWH. Financial details include debt, NCDs, and equity. RRVL's growth supported by investments and strategic partnerships.

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India Inc helping more wonder women get C-suite superpowers

CFO News

At Accenture, 29% of the leaders in India are women. Diageo India has 30% women in senior leadership. In the last few years, Marico's efforts have pushed women into close to 30% of leadership roles. PepsiCo is looking at 40% women in the India leadership team by next year. Larsen & Toubro handpicked 495 women employees to undergo leadership development programmes in the last few years.

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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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Premji Invest in talks to pick up big stake in Bank of Baroda’s Nainital Bank

CFO News

Premji Invest in talks to acquire majority stake in Nainital Bank at around Rs 800 crore.

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India seeks more presence at decision-making level of ILO

CFO News

India pushes for enhanced representation at ILO by revising criteria to include demographic dividend, global demand-supply gap, and population/labor workforce. This aims for equitable decision-making and strategic alignment with labor-related issues.

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Six Adani group companies receive show-cause notices from Sebi

CFO News

These notices were issued following Sebi's investigation into the allegations made against the Adani Group by US-based Hindenburg Research.

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Adani Green Secures $400 million from international banks for 750 MW power projects

CFO News

AGEL secured $400 million financing for 750 MW solar projects in Rajasthan and Gujarat, with projects having SECI PPA and merchant power setup. Lenders consortium aids AGEL's growth plans and capital management for sustainable debt structure.

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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.

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India's services exports dip marginally in March to $30 bn

CFO News

In March 2024, India's services exports dipped by 1.3% to $30 billion, while imports decreased by 2.1% to $16.61 billion, according to Reserve Bank data. The trade surplus for the month stood at $13.4 billion. Although both exports and imports of services had shown growth in the preceding two months, the trend reversed in March. The commerce ministry estimates services exports for fiscal 2023-24 at $339.62 billion and imports at $177.56 billion, resulting in a trade surplus of $162 billion for t

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Forget any rate cut in 2024! What experts are predicting after Fed meeting

CFO News

Global stock markets heaved a sigh of relief last night when the world's most powerful central banker Jerome Powell assured investors that it is unlikely for the US Federal Reserve to go for a rate hike. After the Dow Jones ended higher overnight, the Sensex was also up around 200 points this morning.