Wed.Nov 13, 2024

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U.S. annual inflation ticks up to 2.6%, but matches expectations

Tips Watch

By David Enna, Tipswatch.com It’s good news when a monthly U.S. inflation report matches expectations. And October delivered, even though annual all-items inflation ticked higher and core remained too strong for comfort. The U.S.

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Inflation edges up, highlighting Fed’s bumpy path to stable prices

CFO Dive

Traders in interest rate futures bet that the Fed will take the inflation news in stride, raising the odds that it will trim borrowing costs by a quarter point next month.

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Achieving the Right Balance of Risk and Return in Corporate Investments 

CFO Talks

Achieving the Right Balance of Risk and Return in Corporate Investments When handling corporate investments, CFOs often face the balancing act between risk and return. Striking this balance is key to ensuring a company’s growth while protecting it from financial shocks. Here’s a practical look at some key strategies to help you maximise returns while managing risk effectively.

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Jack in the Box brings back ex-CFO for second stint

CFO Dive

Lance Tucker will receive a $200,000 cash bonus upon taking Jack in the Box’s CFO seat for the second time.

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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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2050: Harnessing the Power of Three: Dynatrace’s Layered AI Strategy | Jim Benson, CFO, Dynatrace

CFO Thought Leader

One of the key lessons that helped advance Jim Benson down the CFO path was one in clarity and focus during his tenure as FP&A leader for the customer service division of Compaq, freshly acquired by Hewlett-Packard. Eager to influence how the division’s performance was presented, Benson dedicated himself to crafting detailed reports and narratives.

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BMO Survey: U.S. Latinos plan to spend more on the holidays this year

Bank of the West

“For many Latinos, the holidays are a cherished time that brings together culture, family, and faith. Whether gathering in multigenerational homes or celebrating with traditional posadas, it’s a season marked… Read more The post BMO Survey: U.S. Latinos plan to spend more on the holidays this year appeared first on About BMO.

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Accounts Receivable Hurdles to Overcome in 2025

The Finance Weekly

It's crucial for small businesses to maintain good cash flow by managing finances and staying updated on Accounts Receivable (AR). Effectively handling AR means keeping track of customer invoices and making sure payments are collected on time. Now, let's look at common challenges finance teams face with AR and ways to enhance payment collection while minimizing the risk of unpaid invoices.

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Celebrating global leadership in the 2SLGBTQ+ community 

Bank of the West

BMO’s John McNain, COO, North American Personal and Business Banking is being recognized for the third year in a row on INvolve’s global 2024 Outstanding Executive Role Model List, which… Read more The post Celebrating global leadership in the 2SLGBTQ+ community appeared first on About BMO.

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India's capex recovery expected in H2 FY25 as govt and corporate investments show growth potential

CFO News

The slowdown in early fiscal spending was largely due to restrictions during the general elections, which led to a 35% YoY dip in central capex to Rs 1.8 trillion and a 21% decline in state capex to Rs 0.8 trillion in Q1.

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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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At The Money Celebrates its First Anniversary

Barry Ritholtz

Hard to believe a year ghas blown by that quickly, but it’s been that long (or short) since the first At the Money podcast dropped in 2023. With Masters in Business in its 10th year, the nice folks at Bloomberg asked if I had any ideas about any new shows. My initial response was, “Let me think about it.” I looked around to see what else was available and noticed a void.

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Indian economy 'sailing smoothly' amid global challenges, says RBI Governor Shaktikanta Das

CFO News

RBI Governor Shaktikanta Das expressed confidence in India's economic stability amidst global uncertainties. He highlighted the country's strong external sector, robust buffers, and the RBI's proactive measures in navigating challenges like inflation and geopolitical tensions. Das emphasized the central bank's commitment to balancing growth and stability while addressing emerging risks.

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1050: Harnessing the Power of Three: Dynatrace’s Layered AI Strategy | Jim Benson, CFO, Dynatrace

CFO Thought Leader

One of the key lessons that helped advance Jim Benson down the CFO path was one in clarity and focus during his tenure as FP&A leader for the customer service division of Compaq, freshly acquired by Hewlett-Packard. Eager to influence how the division’s performance was presented, Benson dedicated himself to crafting detailed reports and narratives.

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RBI should definitely cut interest rates, says Commerce Minister Piyush Goyal

CFO News

Commerce Minister Piyush Goyal called for the Reserve Bank of India (RBI) to cut interest rates, arguing that food inflation should not be the sole factor in such decisions. He expressed his personal view, noting that inflation is expected to decline by December. Goyal also urged investors to take a long-term perspective, following recent Foreign Institutional Investor (FII) selling trends.

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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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2024 Election: Evaluating The Impact Of A (Likely) Republican Trifecta On The TCJA Sunset And Tax Planning

Nerd's Eye View

With Republicans appearing to have secured a sweep of the White House and both chambers of Congress, the most immediate question for many financial advisors and their clients is what impact the election results will have on the scheduled expiration of the Tax Cuts & Jobs Act (TCJA) at the end of 2025. At a high level, the Republican trifecta would appear to set the stage for much of TCJA to be extended beyond the original 2025 sunset date.

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UK businesses drive growth and sustainability in India, generating over Rs 5,000 bn in revenue: Report

CFO News

UK businesses are making a big impact in India, generating over Rs 5 trillion in revenue and employing over half a million people. The India-UK Free Trade Agreement is expected to further boost this growth, particularly in sectors like renewable energy and technology. British investments are supporting India's economic development and sustainability goals.

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India's smartphone market to exit 2024 with single-digit annual growth

CFO News

India's smartphone market is expected to exit 2024 with a low single-digit annual growth, as Apple posted its largest-ever quarterly shipment in India with 4 million units in the third quarter (Q3), according to a new report.

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Wholesale Inflation rises to 2.36% in October on soaring food prices

CFO News

Following the Retail Inflation, India’s Wholesale Price Inflation increased to 2.36% in October from 1.84% in September. The Food Price Index saw no easing and rose to 201.2, showing an increase of 11.59%.

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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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GSTN rolls out Invoice Management System to address excess ITC claims issue; experts seek clarity on legal validity, integration

CFO News

The GSTN advisory on the Invoice Management System (IMS) outlines how recipients can manage invoices in real-time, enhancing ITC accuracy and fostering transparency between suppliers and recipients.

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Apple overtakes Samsung in Q3, clocks record shipments in India: IDC

CFO News

The iPhone 15 and iPhone 13 models were the most popular, according to IDC. Record shipments led to Apple cornering majority share in the smartphone market in value terms, widening the gap with Samsung. Apple's revenue share in the market stood at 27.2% while Samsung's share stood at 15.2%.

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USD 1 trillion a year needed for developing nations by 2030: High-Level Group on Climate Finance

CFO News

As countries negotiate at COP29 a new climate finance package to support developing countries beyond 2025, the report cautions against the risks of delayed action.

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NBCC appoints Anjeev Kumar Jain as CFO

CFO News

Anjeev Kumar Jain previously held the position of Director (Finance) of NBCC. This follows the departure of Saleem Ahmad, who has stepped down from the CFO role on the same date.

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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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New GSTN feature to correct mistakes in GST invoice matching process for claiming input tax credit; Know how it works

CFO News

Input tax credit: The goods and services tax network (GSTN) has introduced a solution to help GST registered taxpayers into claiming the correct amount of input tax credit despite human error by the supplier in the invoice. GSTN said that the Invoice Management System (IMS) is still new so GST registered recipients may take some time getting used to this system.

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Bharti Airtel faces Rs 10.65 Crore penalty under GST for 2017-18 tax liability

CFO News

The Company is likely to challenge the order. "There is no material impact on financial, operation or other activities of the Company," Bharti Airtel said in an exchange filing.

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Tax net widened, tax liability of middle class reduced under Modi govt

CFO News

There has been a 120 per cent increase in returns filed between 2014 and 2024. From some 3.6 crore Income Tax Returns Filed in 2014, it increased to 7.9 crore this year.

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Sebi proposes accountability for AI use by market infra institutions, intermediaries

CFO News

This is proposed with the aim of ensuring data privacy, security, and integrity, especially with sensitive investor information. In its consultation paper, Sebi said that the market infra institutions should also be accountable for any actions taken based on AI outputs.

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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.