Thu.Jul 18, 2024

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FASB answers Big Four convertible debt ask

CFO Dive

The fix comes after PwC, Deloitte, KPMG and EY requested clarity on rules related to convertible debt instruments that have seen a surge in demand.

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2024 Paris Games: Can The Olympics Finally Claim Financial Victory? (Part 2)

Global Finance

In this two-part feature on the economics of the Olympics, Global Finance delves into the financial strategies and innovations that the 2024 Paris Games , which run from July 26 to Aug. 11, are implementing to avoid the pitfalls of past host cities. Part one explores the historical context of Olympic costs and the steps the Paris Games organizing committee is taking to ensure fiscal responsibility.

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Trending Sources

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Incoming QXO CFO’s comp package includes $3M signing bonus

CFO Dive

M&A “heavy hitter” Ihsan Essaid could rake in a $1.6 million base salary should the product distribution company hit future annualized revenue run rate goals, according to a company filing.

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New 10-year TIPS gets real yield of 1.883%

Tips Watch

By David Enna, Tipswatch.com I am writing this after an evening out in Biella, Italy, and while struggling with rather weak Internet. So this is going to be brief. The U.S.

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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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CFPB to apply lending laws to EWA

CFO Dive

The federal agency weighed in Thursday with a proposed rule to oversee the burgeoning earned wage access industry.

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More Trending

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CFO lessons from cost-cutting efforts

Future CFO

As CFOs rely on cost reductions to meet earnings expectations in a cooling economy, they must avoid pursuing approaches that could compromise future performance. Gartner, Inc. enumerated insights regarding this matter, noting on the recent experiences of S&P Global 1200 companies. Insight 1: Cost Cuts Are Common but Not Deep - Sixty-four percent of companies in the S&P 1200 implemented cost-cutting measures such as employee layoffs, selling real estate from 2021 through mid-2023.

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CFO Strategy: Managing the Downfall of SEO

CFO Share

If your SEO is struggling this year, you are not alone: the rise of AI has upended digital marketing in 2024. Plenty of articles analyze the technical SEO changes and hypothesize how AI is changing content marketing, and I read most of them when our SEO lead generation suddenly stopped working. I can summarize them all in a single sentence: nobody knows what is happening in SEO, not even Google.

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Property Profits with Real Estate Accounting Services

CFO Plans

From property management to rent collection and tax compliance, the need for specialized accounting services is paramount. Here, we explore how expert real estate accounting services can optimize your property management, streamline rent collection, and ensure compliance with tax regulations for sustained financial success. Discover how CFO Plans can help you achieve financial success.

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The Mentoring Round | Eric Emans, CFO, Nintex

CFO Thought Leader

Inside the Mentoring Round, CFO Eric Emans emphasizes the importance of overcoming the fear of failure early in one’s career, as learning often comes from making mistakes. He fosters an expectation-based culture where finance professionals are encouraged to engage with the business, challenge assumptions, and drive insights. Emans believes this approach distinguishes great organizations from good ones.

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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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There's no right to a job & one has to compete for it; Karnataka job quota bill is unconstitutional and fascist, says Mohandas Pai

CFO News

“Karnataka produces a lot of jobs. If you look at all the data, there are more jobs than people graduating. If you look at multiple sectors, construction, and infrastructure, there are not enough people from Karnataka. Security, we are not getting enough people from Karnataka.

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How FM Sitharaman can design India's long-term investment growth portfolio for a Viksit Bharat

CFO News

The upcoming Union Budget must prioritize long-term growth strategies, addressing structural issues for India to emerge as a developed economy by 2047. Focus areas include rural health enhancement, sustained infrastructure investment, job creation across sectors, human capital development, fiscal discipline, and nurturing sunrise industries like renewable energy and AI, ensuring inclusive growth.

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Paytm Q1 Results: Consolidated loss widens to Rs 839 crore, revenue plunges 36% YoY

CFO News

One 97 Communications, the parent company of Paytm, reported a widened cons loss of Rs 838.9 crore in the June quarter, compared to Rs 357 crore in the same quarter last year. Revenue for Q1 declined by 36% YoY to Rs 1,502 crore from Rs 2,342 crore in Q1 FY24. Despite this, the company indicated that its revenue and EBITDA, excluding the ESOP loss of Rs 545 crore, met its guidance.

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CFOs’ biggest challenges

CFO News

The CFOs today have moved away from their traditional role to more of a business role. Recently, a CFO told me that the board and shareholders expect CFOs to be a co-pilot in the business growth. They should be responsible for sustainable strategies as well. As digital is revamping the world, the CFOs desk is under transformation and here are the few major challenges.

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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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Godfrey Phillips succession battle: Bina Modi refutes assault allegations by son Samir

CFO News

Godfrey Phillips director Bina Modi denies assaulting her son Samir during a board meeting. The family dispute between the Modis continues with allegations and counterclaims. Legal proceedings are ongoing as both parties present their sides in court.

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ICAI partners with OpenAI to enhance CA practice with GPT technology

CFO News

The CAGPT is equipped with data accumulated by ICAI over the past 75 years, enabling it to provide answers to a wide range of questions, both simple and complex.

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Mittal seeks Indian industry, startups, MSMEs to compete worldwide

CFO News

The official further said that the capacity building and scaling is a critical aspect which is more relevant for the country's burgeoning telecom sector.

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Union Budget: Indian startups seek more emphasis on AI

CFO News

As India AI Mission takes concrete steps towards making the country a global artificial intelligence hub, startups founders on Thursday said increased investment in policies that simplify doing business and empower startups and emerging technologies, such as responsible AI, is essential for a boost to the sector. As AI continues transforming sectors like healthcare, finance, manufacturing, and education, implementing proactive measures to ensure its responsible development is crucial, they empha

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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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Adani Ports gets a rating upgrade from ICRA

CFO News

The company's upgrade follows a Bloomberg report that revealed plans to significantly increase investment in its southern India trans-shipment container port to Rs 100 billion. This ambitious move aims to attract some of the world's largest ships, according to sources familiar with the matter.