Tue.Oct 24, 2023

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Risks to earnings put CFOs on defensive: AFP

CFO Dive

Rising borrowing costs are straining balance sheets and complicating efforts by CFOs to refinance debt.

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There are four million households in North Carolina

The Reformed Broker

Conservatory at Biltmore, by Ann Vasilik via Our State There are four million households in North Carolina. Approximately half of those households (1.922 million) are comprised of a married male and female with children. Another half million are a female head of household with kids. There’s 180,000 or so male-led homes with children and then 1.4 million non-family households.

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Trending Sources

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4 CIO culture hacks to improve hybrid work

CFO Dive

In the push to bring workers back to the office, tech leaders have a role to play in improving efficiencies and supporting culture.

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GST Changes: Amnesty scheme, guarantee tweaks to have far-reaching impact on India Inc

CFO News

The 52nd GST Council Meeting took several major decisions recently. ETCFO has curated the list of the bigger ones and their impact on businesses.

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The Growth Architect: How Financial Leaders are Unlocking Potential

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

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Hess deal to boost free cash flow, Chevron CFO says

CFO Dive

The acquisition grants Chevron a 30% stake in Guyana’s Stabroek block, creating a path to long-term free cash flow growth into the 2030s, according to company executives.

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More Trending

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Data stacks haven’t caught up with generative AI enthusiasm

CFO Dive

Few enterprises have reached the production stage, chief data officers said in an AWS survey.

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How SAP Signavio Enhances Process Modeling and Transformation

Bramasol

Previous posts in this blog series have addressed how SAP solutions such as Quote-to-Cash (QTC) , the Billing and Revenue Innovation Management (BRIM) portfolio, and Revenue Accounting and Reporting (RAR) can be meshed seamlessly to integrate frontend and backend processes for subscription-based Digital Solutions Economy (DSE) offerings. We have also explored how SAP RISE and GROW can enhance and streamline overall implementations.

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Out of the shadows: Shining a light on AI use within your organization

CFO Dive

If your policies don’t cover AI use by employees who aren’t aware they’re using it, or are using it outside official channels, it’s a good idea to create a policy to cover this growing shadow AI use.

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Clips From Today’s Halftime Report

The Reformed Broker

Final Trades: Wynn, McDonald’s & more from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

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How to introduce data integrity in your regular FP&A activity?

Spreadym

Data integrity refers to the accuracy, consistency, and reliability of data in a system or database. It ensures that data remains unchanged and complete during its lifecycle, from creation and storage to retrieval and processing. Data integrity is a critical aspect of data management and is essential for maintaining the trustworthiness of data for various purposes, including decision-making, compliance, and security.

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Why You Shouldn’t Sell Your Losers Yet

The Reformed Broker

Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Small Caps are F*cked – “But as with everything, there is more to the story…” ►Chevron Buys Hess – Second major domestic oil deal in a month after Exxon agreed to buy Pioneer.

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Navigating Small Business Growth with SBA Loans

CSC Advisors

In the dynamic landscape of small businesses, securing adequate financing is often a pivotal challenge for growth and sustainability. The Small Business Administration (SBA), a U.S. government agency, plays a crucial role in supporting small business owners by offering various loan programs. Recognized for their favorable terms and competitive rates, SBA loans have become a cornerstone for many entrepreneurs seeking reliable financial backing.

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945: Achieving a Management Rapport | Doug Lindroth, CFO, Tealium

CFO Thought Leader

Doug Lindroth tells us that he is not likely to forget the day that Google filed its S-1 registration statement simply because it was on the same one that semiconductor distributor Memec filed its own S-1. Back in June 2004, Lindroth was CFO of Memec when the firm’s management opted to file a registration statement with the SEC while anticipating a midsummer IPO.

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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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The eight factors for businesses' NFT adoption

Future CFO

Business leaders see benefits in the adoption of non-fungible tokens or NFTs, according to a joint study by Bain & Company and the World Economic Forum. The Evolution of Non-Fungible Tokens report found that the global adoption of NFTs has been relatively constant since June 2022, emphasising that mass adoption is not over and will take time to unfold.

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Traders cut lentil imports from Canada amid diplomatic row

CFO News

The diplomatic tension between India and Canada has led to a halt in new contracts for the import of lentils from Canada. Importers fear potential retaliatory tariffs from either country. Canada was the largest supplier of lentils to India, accounting for over half of total imports. However, existing contracts are still being honored.

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Talent attraction in Asia Pacific: The non-financial factors at work

Future CFO

Talent attraction in Asia Pacific is more than offering the right employees with financial benefits, according to Randstad’s recently released white paper titled “Nurturing Authenticity in the Workplace” which compiles insights from three annual Randstad global studies including Talent Trends, Workmonitor, and Employer Branding Research. The recruitment agency noted that 42% of respondents to the Workmonitor survey indicated they would not work for an organisation that is not making proactive ef

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EV company Exponent eyes $25 million at $100-120 million valuation

CFO News

Exponent Energy had last raised $13 million in August 2022 in a Series A led by Lightspeed that valued the Bengaluru-based startup at around $45 million.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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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Finance Transformation, Metrics, Networking | Ana Chadwick, CFO, Pitney Bowes

CFO Thought Leader

944: Building Your Network | Ana M. Chadwick, CFO, Pitney Bowes MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software. The Planful platform, which helps businesses drive peak financial performance, is used around the globe to streamline business-wide planning, budgeting, consolidations, reporting, and analytics.

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Singapore's GIC ties up Vedanta Group company Sterlite Transmission for $1 bn joint venture

CFO News

GIC will be deploying $500 million in the infrastructure business for a 49% stake. The investment will take place in tranches, with an initial $100 million and $400 million to come in over the next two to three years on a need-to-draw down basis. This will be linked to Sterlite Power winning transmission project tenders and planned capex.

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ION-owned LIST completes phase two of client migration onto Euronext’s Optiq trading platform

Reval

Milan, Italy, 24 October 2023: LIST, an ION company, has completed phase two. The post ION-owned LIST completes phase two of client migration onto Euronext’s Optiq trading platform appeared first on ION.

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Macquarie, KKR seek Rs 8,500 crore in loans for their respective roads businesses in India

CFO News

Macquarie is raising around Rs 6,100 crore of loans to refinance the existing debt of its toll-operate-transfer (TOT) bundle, the first and the most valued such bundle to be sold by the National Highways Authority of India (NHAI) in 2018 for a winning bid of Rs 9,681.5 crore. This was also the biggest TOT bundle in terms of the roads to be monetised by the NHAI, involving 9 toll roads.

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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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The transformative value of generative AI in corporate tax

Future CFO

The advent of digital technology is already having its weight in the way organisations run their tax departments. With that said, generative artificial intelligence poses opportunities to radically improve the way tax professionals work. Traditionally, corporate tax departments relied heavily on manual and error-prone processes for tax administration and compliance, but the emergence of new regulations mandating tax digitisation is driving change in this area of business.

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Mamaearth parent Honasa Consumer to launch IPO on October 31

CFO News

The company plans to issue fresh shares worth Rs 365 crore along with an offer-for-sale (OFS) of 41.25 million shares. This is lower than the initially planned Rs 400 crore fresh issue and an OFS component of 46.82 million shares.

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KPMG: Corporate financial performance rebounds in Q3

Future CFO

Corporate financial performance saw improvements in the third quarter of 2023, according to a report by KPMG. The KPMG Financial Performance Index (FPI) found a slight decline in the number of ‘zombie’ companies, which are organisations close to default (scoring 0 on the KPMG FPI for three or more consecutive quarters. However, an increase in the number of distressed companies suggests a prolonged and gradual recovery ahead.

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MCA tweaks rules; new promoters of bankrupt firms can easily shift registered offices

CFO News

The Indian government has amended rules to allow insolvent firms to easily shift their registered offices to another state or union territory if there are no pending investigations or appeals against the resolution plan. The move is expected to provide relief to new promoters who want to achieve better operational synergy with their other businesses.

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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.