CFO Dive

NOVEMBER 1, 2023

The central bank kept the federal funds rate unchanged despite higher-than-forecast strength in hiring and economic growth.

Forecasting 298

Forecasting Economics Banking 298

Barry Ritholtz

NOVEMBER 1, 2023

Everybody is waiting with baited breath for today’s 2:30 announcement about the rates, but let me spare you the suspense: They are done with rate hikes this cycle. The next change in rates is more likely to be down than up. At least, if Powell & Company truly had a handle on what has been driving inflation for the past few years, that would be their position.

Sales 126

Sales Investments Numbers 126

CFO Dive

NOVEMBER 1, 2023

A cybersecurity suit filed by the SEC names the company’s chief information security officer as a defendant but not its CFO, although the agency previously put both executives on notice.

CFO 275

CFO Securities 275

Musings on Markets

NOVEMBER 1, 2023

I was planning to start this post by telling you that Tesla was back in the news, but that would be misleading, since Tesla never leaves the news. Some of that attention comes from the company's products and innovations, but much of it comes from having Elon Musk as a CEO, a man who makes himself the center of every news cycle. That attention has worked in the company's favor over much of its lifetime, as it has gone from a start-up to one of the largest market cap companies in the world, disrup

Valuation 116

Valuation Profit and Loss Numbers Sales 116

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.

CFO

CFO News

NOVEMBER 1, 2023

Nfra: Ministry of Corporate Affairs (MCA) issued a notification on Wednesday which said that both appointments are valid for a period of three years.

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105

CFO News

NOVEMBER 1, 2023

The average gross monthly GST collection for the fiscal year 2023-24 now stands at Rs 1.66 lakh crore which is 11 per cent higher Y-o-Y, said the Finance Ministry.

Finance 104

Finance 104

VCFO

NOVEMBER 1, 2023

As Year-End Approaches, Finish Strong and Focus Forward As another year ends, most CEOs and business leaders are preparing to take stock of what needs to be done to strengthen their business and advance their business goals in the coming year. While “taking stock” can take many forms, the overriding premise is to look deeply and strategically at the results of operations, as well as opportunities they might execute on.

Finance 88

Finance Strategic Planning Auditing CFO 88

CFO News

NOVEMBER 1, 2023

The fintech NBFC Eduvanz announced the appointment of Arvind Sampath as the CFO of firm. He joins after his previous stints at Poonawala Fincorp and Fullerton India (now SMICC).

CFO 103

CFO 103

VCFO

NOVEMBER 1, 2023

The year is coming to an end, and like many other operational functions, the People Operations team is busy with their annual year-end processes. Although this time of year comes with many tactical tasks, it is important to incorporate careful planning, strategic thinking, and a sharp focus on both operational efficiency and long-term organizational success as plans are made for the coming year.

Strategic Planning 73

Strategic Planning Leadership Compliance Planning 73

Advertiser: Paycor

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Future CFO

NOVEMBER 1, 2023

Chief financial officers, apart from their apparent role of overseeing the financial activities of the organisation, are found to have been holding a position to build consensus across the C-suite to better balance near- and long-term investments, according to an EY study revealed. The EY DNA of the CFO 2023 report revealed that balancing short- and long-term investments is a defining challenge of the CFO role, particularly in Southeast Asia.

Investments 52

Investments CFO Leadership Finance 52

CFO News

NOVEMBER 1, 2023

​Brands like Apple have been exporting products such as mobile phones from India but that's from plants set up by its global manufacturing partners, such as Foxconn and Flex. Samsung and LG, meanwhile, have set up their own factories for exports. This is the first time global brands, including Chinese-owned ones such as Xiaomi, are looking at exports from Indian contract manufacturers, executives said.

Manufacturing 52

Manufacturing 52

Future CFO

NOVEMBER 1, 2023

The Asia-Pacific region has entered its "golden era" of digital economy, according to a report by the World Economic Forum and The European Sting. With this at hand, finance leaders must be able to look into and understand the key industry trends for computing power to maximise the potential of technology for the benefit of their organisations. The report named the following industry and technological trends for computing power growth in Southeast Asia: The technology perspective The development

Forecasting 52

Forecasting Healthcare Technology Finance 52

CFO News

NOVEMBER 1, 2023

Marico, maker of Parachute and Saffola oils, said the second quarter started on a positive note - with increasing demand trends in rural and urban areas in July - but saw a noticeable drop in overall sentiment, especially in rural areas, during August and early September.

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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

Investments

Adam Kae

NOVEMBER 1, 2023

It's not uncommon for me to hear questions like, "You talk about not judging your clients. What does that mean?" Well, let me break it down for you Understanding Your Unique Situation The biggest thing to remember is that none of my clients are financial pros. They didn't dive into the world of business ownership because they were born with an innate understanding of finance, accounting, and taxes.

Finance 52

Finance CFO Accounting Financial Reporting 52

CFO News

NOVEMBER 1, 2023

Economists say most indicators remain elevated but there are signs of growth slowing. "India's manufacturing sector generated substantial growth in October, despite a challenging global economic environment," said Pollyanna De Lima, economics associate director at S&P Global Market Intelligence.

Manufacturing 52

Manufacturing Economics Marketing 52

Future CFO

NOVEMBER 1, 2023

Both tax and finance leaders are set to increase investment in digital transformation, said Thomson Reuters recently when releasing a report titled Digital Agendas: How Tax Compliance and Finance Leaders are Preparing for 2024. The report draws on quantitative insights from a survey of 257 C-suite and tax compliance and finance leaders from Australia, India, Japan, Middle East & North Africa, and Southeast Asia earlier this year, according to the company.

Investments 52

Investments Finance Restructuring Compliance 52

CFO News

NOVEMBER 1, 2023

The decision left the target range for the benchmark federal funds rate unchanged at 5.25% to 5.5%, the highest since 2001, as part of a strategy to slow the pace of rate increases as the central bank nears the end of its tightening campaign. The S&P 500 index and Treasuries extended their rally while the dollar slipped after the announcement.

Benchmarking 52

Benchmarking Treasury Banking 52

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.

Accounting

Centage

NOVEMBER 1, 2023

Financial planning is a crucial part of sustaining and growing your business. The office of finance, department heads, and C-suite executives spend much of their time making, checking, and approving the yearly budget. And financial management doesn’t stop once the annual budget is approved. Financial statements allow the business to periodically reflect on how the business is doing in relation to its plan.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Manufacturing Planning 52

CFO News

NOVEMBER 1, 2023

The decline in services imports persisted throughout all three months of the September quarter. However, there was a silver lining in the fact that services exports had seen an increase during July and August.

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Barry Ritholtz

NOVEMBER 1, 2023

Hey, it’s November! (How did that happen?) My mid-week morning train WFH reads: • The pandemic has broken a closely followed survey of sentiment: Americans’ opinions about the state of the economy have diverged from reality : Americans are gloomy about the state of the economy. Since the covid-19 pandemic began, consumer sentiment has been in the doldrums, hitting its lowest level ever in June 2022.

Retail 52

Retail CFO Marketing Technology 52

CFO News

NOVEMBER 1, 2023

The company - which currently is utilising 95% of its available capacity of 155.11 lakh tyres per annum- plans to expand capacity by about 20% by October 2025. The expansion is proposed to be funded by way of equity/internal accruals and debt. Raghupati Singhania, Chairman & Managing Director, JK Tyre & Industries told ET, the company is planning fresh investments to increase capacity amid robust demand in the local market.

Investments 52

Investments Planning Marketing 52

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.

Accounting

CFO Dive

NOVEMBER 1, 2023

The role of former Trump Organization CFO Allen Weisselberg was once again scrutinized as Donald Trump Jr. became the first of the former president’s children to take the witness stand.

CFO 288

CFO 288

CFO News

NOVEMBER 1, 2023

While the 'Inflation Expectations Survey of Households' captures subjective assessments on price movements and inflation based on their individual consumption baskets, the 'Consumer Confidence Survey' seeks responses from households, regarding their sentiments on general economic situation, employment scenario, price level, households' income and spending.

Economics 52

Economics 52

CFO News

NOVEMBER 1, 2023

The income tax department announced that a record-breaking 7.85 crore income tax returns (ITRs) were filed for the fiscal year 2023-24 until October 31, surpassing the previous year's total of 7.78 crore ITRs. The majority of these ITRs have been verified and processed, indicating a significant increase in compliance. The e-filing portal also efficiently managed high traffic during peak filing days, ensuring a smooth experience for taxpayers and professionals.

Compliance 52

Compliance 52

CFO News

NOVEMBER 1, 2023

In its judgement dated September 20, the court sent the case back to the assessing authority to examine the evidence provided by the petitioner irrespective of the difference in GSTR-2A and GSTR-3B forms. Following the assessment of the evidence provided by the petitioner, the court directed the assessing authority to pass orders in accordance with law.

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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.

Reconciliations