Costco’s CFO calls $1.50 hot dog ‘safe’ in debut earnings call
CFO Dive
MAY 31, 2024
The retailer’s new finance chief Gary Millerchip is staying the course on the company’s popular $1.50 hot dog and soda combo pricing.
Fri.May 31, 2024
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Discover ERP Accelerator Packages for Financials & Project Management
Navigator SAP
MAY 31, 2024
Enterprise resource planning solutions (ERP) come with sophisticated tools for financials and project management. The trick is putting an ERP solution in place within a company since ERP is company-wide software that has a reputation for complexity. ERP acceleration packages can help businesses get there quickly, though.
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FanDuel parent Flutter swaps CFOs amid pivot to NYSE listing
CFO Dive
MAY 31, 2024
The CFO swap comes as Flutter hones in on the U.S. for future growth and expansion.
Weekend Reading For Financial Planners (June 1-2)
Nerd's Eye View
MAY 31, 2024
Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the Financial Planning Association and Money.com are planning to publish a “Best Financial Advisors” list based on advisors’ education, credentials, and experience, as well as harder-to-quantify areas such as trust factors and client communication.
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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MiB: Jeffrey Sherman, DoubleLine Deputy CIO
Barry Ritholtz
MAY 31, 2024
This week, we speak with Jeffrey Sherman , deputy chief investment officer at DoubleLine Capital. Sherman oversees and administers DoubleLine’s investment management subcommittee; serves as lead portfolio manager for multisector and derivative-based strategies; and is a member of the firm’s executive management and fixed-income asset allocation committees.
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Use Technology to Simplify Nonprofit Bookkeeping
The Charity CFO
MAY 31, 2024
Efficient bookkeeping is essential to the success and sustainability of any nonprofit. As a nonprofit leader, it can be difficult to give your bookkeeping the time it needs to stay accurate. Luckily, modern accounting software and other bookkeeping technologies can help you keep up with day-to-day bookkeeping, reporting, and accounting tasks more efficiently.
ETtech Deals Digest: Startup funding in May rises 62% on year to $817 million
CFO News
MAY 31, 2024
New-age startups raised $817.2 million in May 2024, up 62% from last year, with top investor Venture Catalysts leading funding rounds for startups like Zypp Electric.
Financial Reports to Share with Nonprofit Board
The Charity CFO
MAY 31, 2024
Transparency and accountability are two of the most important factors in nonprofit accounting. Donors, the board of directors, and the public all want to know what your organization does with the funds it brings in. Being transparent in your nonprofit accounting helps build trust in your organization. But what financial reports are most important to build that trust through transparency with your board of directors?
Audit panels of companies can’t escape blame by citing auditors’ failure: NFRA chief
CFO News
MAY 31, 2024
NFRA chairman Ajay Bhushan Pandey emphasized the audit committee's responsibility in ensuring accurate financial statements, even if auditors fail in their duty. He highlighted the need for meaningful communication between audit committees and auditors, stating that it should not be a mere formality. Pandey's remarks come as the NFRA plans to engage with large listed companies to promote accounting standards and curb corporate frauds.
2025 Payroll Calendar Templates (Biweekly, Semi-Monthly, and Monthly)
Advertiser: Paycor
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!
India's fiscal deficit improves to 5.6% of GDP in FY24, lower than target of 5.8%
CFO News
MAY 31, 2024
India's FY24 fiscal deficit hit Rs 16.54 lakh crore, 95.3% of target. Central government's FY24 fiscal deficit stood at at 5.6% GDP, below 5.8% estimate. Tax receipts surpassed at Rs 23.27 trillion, 100.1% target. Expenditure at Rs 44.43 trillion, 99% target. Capital expenditure at Rs 9.49 lakh crore. Fiscal discipline aims for 5.1% deficit in FY25.
Govt cuts windfall tax on petroleum crude
CFO News
MAY 31, 2024
The Indian government has cut the windfall tax on petroleum crude to 5200 Indian rupees ($62.33) per metric ton from 5700 rupees, with effect from June 1, according to a notification issued on Friday.
Govt urges over 100 corporates to setup incubation centers for manufacturing startups
CFO News
MAY 31, 2024
Startups and entrepreneurs in the nation have been playing a significant role in shifting global value chains to India by creating and innovating domestically. The National Council for Cement and Building Materials has already set up the centre.
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