Tue.Oct 08, 2024

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Diverse Teams, Unified Goals: Managing Multifaceted Finance Staff

CFO Talks

Diverse Teams, Unified Goals: Managing Multifaceted Finance Staff In today’s dynamic business environment, finance teams have evolved into diverse groups with different skills, experiences, and perspectives. Managing these multifaceted teams requires a fresh approach, particularly for CFOs who are tasked with not only overseeing financial performance but also ensuring the cohesion and effectiveness of their finance staff.

Finance 98
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AICPA moves to amend financial statement standard

CFO Dive

As companies are increasingly outsourcing accounting, the AICPA is looking to amend the standard for financial statements prepared by an external entity.

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Trending Sources

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Africa’s Chinese Trade Tie-Up

Global Finance

China continues to dominate trade with the continent. But overlending—and US initiatives to extend its security and investment footprint—are challenging its position. China solidified its position as Africa’s largest bilateral trading partner last year, as trade with the continent reached a record $282.1 billion, up 1.5% from 2022. But a 7.5% surge in Chinese exports, to $173 billion, was not matched by imports from Africa, which fell by 6.7% to $109 billion, widening Africa’s trade deficit wit

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Small businesses uncertainty hits record high: NFIB

CFO Dive

High borrowing costs, a major cause of uncertainty, show no signs of easing even though the Federal Reserve last month cut the main interest rate by a half percentage point.

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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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Mauritius At A Crossroads

Global Finance

The winning party in November’s election will need to navigate growing social turmoil as the island nation seeks to become a global financial center. Elections in Africa are often contentious and disruptive to the socioeconomic order. Mauritius has evaded this rocky path and remains a beacon of democracy, hoping to maintain that pattern ahead of general elections on November 30.

Economics 105

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#FASuccess Ep 406: Exiting To A Perpetual Purpose Trust To Facilitate Internal Leadership Succession Without Indebting G2 Advisors, With Michael Kramer

Nerd's Eye View

Welcome everyone! Welcome to the 406th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Michael Kramer. Michael is the manager of Natural Investments, an RIA based in San Francisco, California that has offices across the country, overseeing $1.9 billion in assets under management for 1,300 client households. What's unique about Michael, though, is how his firm used the unique perpetual purpose trust structure to facilitate an internal succession plan, allowing th

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4 ways tech can help CFOs navigate a tricky ESG landscape

CFO Dive

This year has marked the beginning of a groundswell of enhanced, regulated reporting on sustainability and climate data, writes Persefoni’s Emily Pierce.

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Former Amazon executive's supply chain startup raises $100 mln in funding

CFO News

AUGER-FUNDING/Former Amazon executive's supply chain startup raises $100 mln in funding

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Tinder parent Match promotes SVP to CFO

CFO Dive

Match alum Steven Bailey will step into the company’s CFO seat as it fields demands from activist investors for change, including calls for a potential sale.

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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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Global recognition race drives CSR spend on sports, art

CFO News

India Inc increased CSR spending on non-traditional segments like sports, art, culture, and women empowerment by 68% to ₹1,800 crore in 2022-23. Education received the highest CSR funds totaling ₹10,085 crore, while health spending decreased to ₹6,830 crore. HDFC Bank was the largest CSR spender.

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BMO empowers equity and innovation in healthcare at Zuckerberg San Francisco General Hospital

Bank of the West

BMO is proud to partner with Zuckerberg San Francisco General Hospital and Trauma Center (ZSFG) in its mission to deliver equitable and innovative healthcare solutions for all. Through our partnership… Read more The post BMO empowers equity and innovation in healthcare at Zuckerberg San Francisco General Hospital appeared first on About BMO.

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Africa’s Tax Deficit

Global Finance

African governments are not collecting enough taxes to fuel their development plans. Ideas for making up the difference abound; implementing them is not so easy. Africa is struggling to change tax structures that fail to bring in sufficient revenue, that leave too many potential taxpayers outside the net, and that allow too much revenue leakage due to corruption.

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How to create a strategic financial plan for your business in 2024

Cube Software

What is a financial plan? A financial plan maps out your business’s current situation and future goals. It’s a living document that usually projects income, expenses, assets, and debts within the context of a broader business plan.

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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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Dilemmas And Opportunities In African Climate Finance

Global Finance

Lenders remain cautious about backing risky climate projects. But blended finance deals are helping to open up opportunities in areas like renewable energy. Finding solutions to an ever-expanding climate crisis is a global dilemma, but especially in Africa. Despite contributing just 4% to global greenhouse gas emissions, the continent is disproportionately impacted by global warming.

Finance 59
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1,041: Rethinking How Metrics Can Align with Business Evolution | Josh Schwartz, CFO, Medidata

CFO Thought Leader

By the time Josh Schwartz arrived at Medidata, the life sciences innovation company had found itself entering unfamiliar waters. Having just gone public, the firm was shifting away from being a fast-growing start-up to welcoming life as a more structured, scalable organization. For Schwartz, who initially led revenue recognition, this was the beginning of both personal and professional evolutions that would mirror the company’s own transformation.

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Inflation Warrior: Q&A With National Bank of Denmark Governor Christian Kettel Thomsen

Global Finance

Global Finance magazine interviewed National Bank of Denmark Governor Christian Kettel Thomsen, who was one of only three central bankers in the world to earn an “A+” grade in the magazine’s 2024 Central Banker Report Cards. Thomsen explains how Denmark pushed inflation to 1.5% and answers whether the country’s pharma industry is “too big to fail.” Global Finance: Denmark’s inflation rate has dropped significantly from a high of 10% in late 2022 to stabilizing below 1.5% this year.

Banking 52
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RBI projects 7.2% GDP growth for 2024-25, flags global uncertainties as risks

CFO News

Forward-looking surveys conducted by the RBI in September 2024 reflect growing consumer confidence and optimism in both the manufacturing and services sectors.

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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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Data-Driven Policy Decisions: Q&A With Philippines Central Bank Governor Eli Remolona

Global Finance

Global Finance magazine interviewed Philippines Central Bank Governor Eli Remolona, who earned an “A–” grade in the magazine’s 2024 Central Banker Report Cards. Remolona talks about the country’s early decision on cutting rates, its credit growth, and its pursuit of sustainable economic development. Global Finance : What is the Philippines economic growth outlook for 2024-25?

Banking 111
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RBI sees core inflation rising to 4.3% in coming quarters; retains CPI inflation forecast

CFO News

RBI Monetary Policy: Inflation projections for 2025-26 include 4.3% in Q1, 3.7% in Q2, 4.2% in Q3, and 4.1% in Q4.

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Transcript: Vincent Aita of Cutter Capital

Barry Ritholtz

The transcript from this week’s, MiB: Vincent Aita of Cutter Capital on the DNA of Biotech Investing , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ 00:00:09 [Speaker Changed] This is Masters in business with Barry Riol on Bloomberg Radio. 00:00:15 [Speaker Changed] This week on the podcast, I have another extra spectra

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Staffing firm CFOs say Indian companies need to increase budgets for people management, retaining talent

CFO News

Retaining Talent: They say such strategic investments will enhance talent retention and productivity, and significantly reduce recruitment costs for India Inc.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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Explained: What does RBI's shift to a 'neutral' stance mean and how will it impact rates?

CFO News

If inflation remains under control and growth slows, the neutral stance increases the chances of future rate cuts, which would lower borrowing costs for loans like mortgages, auto loans, and business credit.

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Hindenburg Research claims Roblox inflated user metrics, shares drop 7.5%

CFO News

​Hindenburg Research on Tuesday disclosed a short position in Roblox, saying the videogame company has been lying to investors and regulators about the number of users on its platform.

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RBI maintains repo rate at 6.5%, shifts to neutral stance amid optimistic growth projections

CFO News

The RBI's Monetary Policy Committee has maintained the repo rate at 6.5%, shifting to a neutral stance while projecting robust economic growth despite global uncertainties.

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RBI grants white-label ATM licence to Mumbai-based EPS

CFO News

Mumbai-based EPS is backed by investors like the UK's Apis Partners and Dutch Entrepreneurial Development Bank FMO. The licence has made it the country's fifth white-label ATM operator alongside Tata Communications Payment Solutions, India1 Payments, Hitachi Payment and Vakrangee. The RBI had last issued this licence in 2014 to India1 Payments. Earlier, three other companies had surrendered their licences.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.