CFO Dive

JULY 24, 2024

The company will continue to invest in machine learning, AI and new products such as demand forecasting tools following its $490 million IPO, CFO Bill Koefoed said.

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Valuation Forecasting CFO Investments 265

Global Finance

JULY 24, 2024

Alphabet reached far outside its industry boundaries to recruit its new CFO; Anat Ashkenazi, an Eli Lilly veteran, takes charge of the Google parent’s finances this summer, replacing Ruth Porat, who was promoted to president and CIO. Unusual, yes; the drugmaker and the tech giant have very different lines of business, their cultures are different, and so are their strategic priorities.

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CFO Restructuring Manufacturing Finance 105

CFO Dive

JULY 24, 2024

Akhil Shrivastava, a nine-year company veteran, understands “the levers the company can pull to revive growth,” Morningstar analyst Dan Su writes.

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Future CFO

JULY 24, 2024

Financial operations, a management practice promoting shared responsibility for an organisation's cloud computing infrastructure and costs, has been rapidly developing, with established vendors from various management disciplines and new specialised start-ups, according to a recent research by independent analyst and consultancy firm Omdia. The study indicates that the cloud has experienced significant growth in both scope and scale over recent years, as numerous organisations turn to leverage i

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Cost Management Forecasting Leverage Startups 105

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By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

Concentration

CFO Dive

JULY 24, 2024

The tech giant’s shares sank after Porat’s mixed comments about the company’s operating margin outlook.

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CFO 267

Nerd's Eye View

JULY 24, 2024

When the original SECURE Act was passed in December 2019, it brought sweeping changes to the post-death tax treatment of qualified retirement accounts. One of the biggest changes was to eliminate the prior "stretch" treatment of post-death distributions for most non-spouse beneficiaries, who are now subject to the so-called 10-Year Rule requiring beneficiaries to fully distribute inherited retirement accounts by the end of the 10th year following the original account owner's death.

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CFO News

JULY 24, 2024

The government aims to simplify import procedures under Free Trade Agreements (FTAs) by proposing self-certification for proof of origin from FTA nations to claim duty concessions. Currently, importers must present a 'certificate of origin' to qualify for these concessions.

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Nerd's Eye View

JULY 24, 2024

When the original SECURE Act was passed in December 2019, it brought sweeping changes to the post-death tax treatment of qualified retirement accounts. One of the biggest changes was to eliminate the prior "stretch" treatment of post-death distributions for most non-spouse beneficiaries, who are now subject to the so-called 10-Year Rule requiring beneficiaries to fully distribute inherited retirement accounts by the end of the 10th year following the original account owner's death.

Tax Planning 98

Tax Planning Accounting Securities Planning 98

Global Finance

JULY 24, 2024

Corporates and agent banks had a traditionally distant relationship. Not anymore. In the ever-evolving landscape of global finance, the once-muted lines of dialogue between corporates and sub-custodians have transformed into a vibrant exchange. As Richard Anton, chief client officer at CIBC Mellon, tells it, the most fundamental aspects of sub-custodianship have remained somewhat consistent over the years.

Risk Management 52

Risk Management Finance Securities Leverage 52

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

Compliance

Capital CFO LLC

JULY 24, 2024

Learning how to effectively communicate to your funders is vital for nonprofits. It’s not just about the money. By building and nurturing relationships with those who support the mission, nonprofits can create a foundation of trust, commitment, and mutual respect. This, in turn, fuels ongoing support and engagement, which is critical to achieving long-term goals […] The post How to Effectively Communicate to Your Funders appeared first on Capital CFO+.

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Communication Nonprofit CFO 52

Global Finance

JULY 24, 2024

Global investors rely on local sub-custodians for services that go beyond trade settlement and safekeeping of assets to include supporting clients as an adviser on local market developments and providing insight into the local regulatory environment. In our 22nd edition of the World’s Best Sub-Custodian Banks, we recognize institutions in 83 countries across the globe that continue to deliver comprehensive post-trade services.

Banking 52

Banking Construction Leadership Risk Management 52

CFO Talks

JULY 24, 2024

Building a Finance Dream Team: Strategies for Attracting Top Talent in Africa Staff Planning and Development: A Key Operational Role for CFOs In the ever-evolving business environment, CFOs are increasingly tasked with not just managing finances but also building effective teams. This article provides practical strategies for CFOs in Africa to attract and retain top talent, focusing on staff planning and development as an essential part of their operational responsibilities Understanding the L

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Finance Education Leadership Forecasting 52

Global Finance

JULY 24, 2024

Global investors rely on local sub-custodians for services that go beyond trade settlement and safekeeping of assets to include supporting clients as an adviser on local market developments and providing insight into the local regulatory environment. In our 22nd edition of the World’s Best Sub-Custodian Banks, we recognize institutions in 83 countries across the globe that continue to deliver comprehensive post-trade services.

Banking 52

Banking Construction Leadership Risk Management 52

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Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.

Finance

CFO News

JULY 24, 2024

The Indian government's budget focuses on infrastructure, rural outlay, and tax savings, which are expected to boost rural demand for packaged consumer goods and two-wheelers. The budget also aims to create jobs, which will drive consumption in tier-2 and 3 cities. However, the increase in capital gains taxes could impede discretionary spending.

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Budgeting 40

Global Finance

JULY 24, 2024

Corporates and agent banks had a traditionally distant relationship. Not anymore. In the ever-evolving landscape of global finance, the once-muted lines of dialogue between corporates and sub-custodians have transformed into a vibrant exchange. As Richard Anton, chief client officer at CIBC Mellon, tells it, the most fundamental aspects of sub-custodianship have remained somewhat consistent over the years.

Risk Management 52

Risk Management Finance Securities Leverage 52

CFO News

JULY 24, 2024

Budget 2024: Relief for GST registered individuals and companies. "The waiver of interest and penalties for tax disputes faced by genuine taxpayers will reduce the financial burden on taxpayers, particularly benefiting small businesses and individual taxpayers who may face cash flow constraints and cannot really afford to litigate," says Siddharth Surana, Director, RSM India.

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Budgeting 40

Global Finance

JULY 24, 2024

Boeing agreed to a guilty plea stemming from a criminal fraud charge, the US Justice Department said on July 7. The aviation giant had violated an agreement that protected it from prosecution when it misled inspectors into approving the 737 Max jetliners that crashed in 2018 and 2019, leaving 346 people dead. Then, with classically poor timing, a Boeing jet lost a wheel during takeoff from Los Angeles on July 9, further jeopardizing the 108-year-old company and its client relationships.

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Manufacturing Finance Securities Sales 52

Speaker: Duke Heninger

With the rise of fractional finance roles, many CFOs, FP&A professionals, controllers, and accountants are stepping into independent consulting. The expansion of fractional services presents new opportunities for finance professionals, but many face challenges in navigating this transition, finding it daunting. Whether you’re new to fractional work or refining your approach, this webinar will equip you with a repeatable system for success.

CFO

CFO News

JULY 24, 2024

India is planning to cut GST slabs from four to three to simplify tax classifications, Sanjay Agarwal, Central Board of Indirect Taxes and Customs Chairman, said. Presented on Tuesday, Finance Minister Nirmala Sitharaman's Budget speech highlighted potential GST reformation.

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Budgeting Finance Planning 40

Global Finance

JULY 24, 2024

VOL. 38 NO. 7 This summer issue of the magazine coincides in many parts of the world with very high temperatures and the consequences of a long season of political elections that has touched India, many countries in Europe and the European Parliament, and in November will reach the United States. The political tension continues to rise in the US, especially since President Joe Biden’s withdrawal from the presidential race and his endorsement of Vice President Kamala Harris.

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Banking Treasury Cash Management Finance 52

CFO News

JULY 24, 2024

CBDT Chairman Ravi Agrawal said the removal of this tax will act to boost the startup ecosystem in India. He would urge the community to "please come forward, please invest as the country is waiting for your investment, initiatives and innovations" Asked how would a possible case of money laundering through investor funds be tackled after the removal of the Angel tax, he said if such a violation is found or it is detected that the fund has come through "undisclosed" sources, ther

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Startups Investments 40

Global Finance

JULY 24, 2024

Paramount Global, one of the world’s oldest entertainment companies, agreed in July to merge with Skydance—a smaller, newer and more tech-oriented media company. With the acquisition, century-old Paramount gets a younger owner, much-needed cash and most likely a profitable streaming service. Hold on and rewind. Is this not something that was already announced?

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Entertainment Finance Technology Sales 52

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Startups

CFO News

JULY 24, 2024

Budget 2024: The government will not pre-announce its divestment plans to ensure optimal value for public companies, Finance Secretary TV Somanathan said in an exclusive interview with ET NOW on Wednesday. This strategic approach aims to maximize the financial returns from such divestments.

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Finance Planning Budgeting 40

Global Finance

JULY 24, 2024

Renowned Spanish drugmaker Grifols, known for its plasma-derived medicines, announced on July 4 the appointment of Rahul Srinivasan as its new CFO. Four days later, Canadian investment fund Brookfield Corporation agreed to evaluate a takeover bid for Grifols, with the intent to delist it. The Grifols founding family owns a stake of around 30%, according to the latest data from Spanish securities regulator CNMV.

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CFO Corporate Finance Auditing Leadership 52

CFO News

JULY 24, 2024

India will shift from targeting a specific fiscal deficit level after 2025-26 to using the debt-to-GDP ratio as the fiscal policy anchor, according to Finance Secretary T.V. Somanathan. The government aims to reduce the fiscal deficit to below 4.

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Global Finance

JULY 24, 2024

Indian government bonds have been included in the JPMorgan GBI Emerging Market Global Series Index for the first time ever. It was only in April 2020 that the Reserve Bank of India (RBI) removed foreign investment restrictions on certain rupee debt. JPMorgan placed the bonds on watch for inclusion in October 2021. As of June 28, it’s official: 27 Indian G-secs are permitted by the RBI for investments by non-resident investors, under the Fully Accessible Route (FAR) bonds.

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Securities Currencies Economics Finance 52

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a

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