CFO Dive

MARCH 7, 2024

The rule passed by a 3-2 vote Wednesday morning, absent requirements for scope 3 reporting and slimmer scope 1 and scope 2 requirements.

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Compliance 261

CFO News

MARCH 7, 2024

In a push for gender diversity, Richa Singh, CFO of Pernod Ricard India, calls for more women on corporate boards to foster inclusive growth in India Inc. Notably, according to the Companies Act of 2013, every listed company is required to appoint at least one woman director to their board.

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CFO 104

CFO Dive

MARCH 7, 2024

Richard Galanti thought he might stay four years at what was then a retail startup. Costco’s CFO stayed about four decades.

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CFO Leadership Startups Retail 212

CFO News

MARCH 7, 2024

Uddhav Thackeray, UBT chief, has criticized the Union government over the State Bank of India's request for details on those who bought electoral bonds. He argued that banks provide all information about farmers when they default or delay loan repayments, but in electoral bond issues, lenders are asking for an extension to extract details.

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Banking 97

Speaker: Danny Gassaway and Wayne Richards

Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging automation to drive productivity and cost savings. Join Wayne Richards and Danny Gassaway from AvidXchange for a practical guide on bringing accounts payable (AP) automation to your organization.

Finance

CFO Dive

MARCH 7, 2024

The executives engaged in financial practices that triggered an anonymous report to the Chemours ethics hotline, the company said.

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CFO 185

Bramasol

MARCH 7, 2024

Recent posts in this series have provided updates on SAP RISE and GROW , with a focus on how they can help streamline the path for companies migrating to SAP public and private cloud editions. This new episode drills down into the concept of maintaining a "clean core" in your ERP system to assure a solid foundation that minimizes unnecessary customization, which could impede organizational agility going forward.

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SAP Compliance Reconciliations Leverage 75

CFO News

MARCH 7, 2024

"The Committee sees the benefits of a wide application of the revisions to all banks participating in the G-SIB assessment exercise, but it is also seeking feedback on options that would apply those changes to a narrower set of banks to reduce the reporting burden," the committee said.

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Banking 95

CFO Simplified

MARCH 7, 2024

Effective January 1, 2024, the Corporate Transparency Act (CTA) requires approximately 32 million existing corporations, limited liability companies, and other business entities formed or registered to do business in the United States, as well as many of the approximately 5 million such entities newly formed each year, to electronically file a beneficial ownership information report (BOI Report) with the US Department of Treasury’s Financial Crime Enforcement Network (FinCEN).

Tax Planning 59

Tax Planning Compliance Restructuring Treasury 59

Bank of the West

MARCH 7, 2024

When Meetings & Incentives Worldwide (M&IW) outgrew its banking relationship at a competitor, CEO Tina Madden was thrilled to discover that BMO provided both personalized financial guidance and global banking… Read more The post The power of inclusive procurement: Tina Madden’s story appeared first on About BMO.

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Banking 52

Advertisement

It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.

Accounting

CFO News

MARCH 7, 2024

Why did Achilles go to Troy despite being warned that it would end his life. How would Ratan Tata have taken the decision to acquire Jaguar Land Rover and Corus? What would have Laxmi Mittal gone through while acquiring Arcelor? Being a leader is not easy. On the background of ETCFO leadership summit, here is my note on how CFOs are leading the change and resetting new order.

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Leadership 52

Bank of the West

MARCH 7, 2024

Today, BMO joins worldwide celebrations to mark International Women’s Day. In alignment with our Purpose, to Boldly Grow the Good in business and life, we’re breaking down barriers to inclusion… Read more The post Investing in women. Accelerating progress. appeared first on About BMO.

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Investments 52

Future CFO

MARCH 7, 2024

Chief financial officers in Southeast Asia are bracing for "heightened challenges" amid ongoing volatility, according to a latest study by Deloitte. The SEA CFO Agenda 2023: Decoding the CFO’s trilemma report found that financial chiefs in the region are looking into the global economic slowdown as a major concern, with 80% of respondents marking it as their top external risk for the next 12 months.

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Economics Financial Planning and Analysis (FP&A) CFO Invoicing 52

CFO Simplified

MARCH 7, 2024

Effective January 1, 2024, the Corporate Transparency Act (CTA) requires approximately 32 million existing corporations, limited liability companies, and other business entities formed or registered to do business in the United States, as well as many of the approximately 5 million such entities newly formed each year, to electronically file a beneficial ownership information report (BOI Report) with the US Department of Treasury’s Financial Crime Enforcement Network (FinCEN).

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Tax Planning Compliance Restructuring Treasury 52

Speaker: Sierre Lindgren

Fraud is a battle that every organization must face – it’s no longer a question of “if” but “when.” Every organization is a potential target for fraud, and the finance department is often the bullseye. From cleverly disguised emails to fraudulent payment requests, the tactics of cybercriminals are advancing rapidly. Drawing insights from real-world cases and industry expertise, we’ll explore the vulnerabilities in your processes and how to fortify them effectively.

Finance

CFO Thought Leader

MARCH 7, 2024

CFO Eric Bouchard spent four years preparing Atrium Innovations for an exit, inside The Mentoring Round, Bouchard reflects on the transformation from a smaller organization to a more mature company capable of rewarding the company’s investors. Reflecting on his early days in the CFO role, CFO Bouchard emphasizes the importance of staying true to one’s values, the increased significance of stakeholder management at the executive level, and the need to ensure team members have a platfo

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CFO Leadership Finance Accounting Firms 52

Nerd's Eye View

MARCH 7, 2024

For many financial advisors, the traditional way of doing business has generally been based on a transaction-based service model involving functional solutions to clients' practical problems. In more recent years, though, advisors have begun to focus on developing stronger and more meaningful relationships, recognizing the advantage of better understanding clients' values and priorities when it comes to solving for their long-term goals.

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Planning Marketing Communication 52

CFO News

MARCH 7, 2024

The RBI has been warning financial services firms to improve their governance and risk assessment systems for months. Even though bad debts are at a more than a decade low, the regulator has clamped down on unsecured lending and asked banks to make more provisions for other loans.

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Marketing Finance Banking 52

CFO Dive

MARCH 7, 2024

The Fed chair said that policymakers will likely begin trimming borrowing costs sometime this year if data show that inflation is steadily falling.

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Advertiser: GEP

2025 will feel familiar, in some regards. The procurement and supply chain category management landscape will remain turbulent, with geopolitical tensions, worries over fresh tariffs, rising costs, and supply chain disruptions posing significant challenges. But you should also expect some lightning-fast changes in 2025 as artificial intelligence continues to upend the way enterprises and procurement, supply chain, and category management professionals operate.

CFO News

MARCH 7, 2024

The Reserve Bank of India and the Bank of Indonesia signed a MoU to promote the use of local currencies for cross-border transactions, enabling exporters and importers to invoice and pay in their respective domestic currencies, optimizing costs and settlement time for transactions. The MoU will deepen financial integration and strengthen economic relations between the two countries.

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Currencies Banking Invoicing Economics 52

CFO News

MARCH 7, 2024

Chandra will take over from Vinit Teredesai, who has been CFO of the Mumbai-based technology consulting and digital solutions company since June 2020 and will continue to serve as CFO till April 24. Teredesai has decided to pursue his professional interest outside the company, the company said.

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CFO Technology 52

CFO News

MARCH 7, 2024

Kotak Securities: A retired non-resident Indian (NRI) in Kochi, Kerala won a consumer case against Kotak Securities, a subsidiary of Kotak Mahindra Bank after a 13 year long fight. It was being alleged that Kotak Securities' representatives traded in future and options (F&O) without authorisation of the NRI individual. Trading in F&O can constitute BankNifty, Nifty, or any other index options trading or stock future contract.

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Securities Banking 52

CFO News

MARCH 7, 2024

Innovation And Prudence Necessary: CS Shetty: Delivering the keynote address at ETBFSI CIO Digital Conclave 2024, he said innovation should be able to achieve scale to make an impact.

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Speaker: Debra L. Robinson

CPAs know the drill: taxes, compliance, rinse, repeat. But what about the sneaky cash flow that’s quietly messing with your organization’s success? It’s time to step into the spotlight and expose the “dirty little secrets” of cash flow to fuel strategic growth. By upskilling your accounting practices and shifting focus from tax compliance to the strategic movement of money, you can transform your role from reactive accountant to proactive financial strategist.

Profit and Loss

CFO News

MARCH 7, 2024

The Central Bureau of Investigation (CBI) conducted raids across 62 locations in Rajasthan and Maharashtra in connection with suspicious Immediate Payment Service (IMPS) transactions worth Rs 820 crore reported at UCO Bank. The raids aimed to uncover details related to the IMPS scam, which involved wrongful posting of transactions and credited Rs 820 crore to UCO Bank accounts without debiting the originating banks.

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Banking Accounting 52

CFO News

MARCH 7, 2024

The 30-share BSE benchmark Sensex surged 33 points or 0.05% to settle at 74,119. The broader NSE Nifty gained 19 points or 0.09% to end at 22,493. Tata Steel, Tata Motors, JSW Steel, and Bajaj Finserv were the top gainers. Bajaj Finance, Asian Paints, ITC, Nestle India, and TCs also closed higher. Axis Bank and ICICI Bank closed lower.

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Benchmarking Finance Banking 52

CFO News

MARCH 7, 2024

AT ETCFO Leadership Summit, leading finance leaders say CFOs need to adapt to the new normal by embracing change, fostering innovation, and increasing organisational risk-taking capabilities.

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Leadership Finance 52

CFO News

MARCH 7, 2024

Women in India face societal pressures and a gender pay gap. They must strike a balance between their familial responsibilities and their financial goals. They must ensure that they are investing in themselves and their future, without neglecting their family's needs. Whether you're single, married, or divorced, navigating these challenges can be tough.

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Investments 52

Advertiser: GEP

For years, you and your team have fought an uphill battle. Supply disruptions. Cost pressures. ESG compliance. You name it, and you’ve had to navigate it. In 2025, many challenges will persist, but procurement and supply chain teams have a powerful tool with rapidly advancing capabilities to tackle them — artificial intelligence (AI). The GEP Outlook 2025 report examines the disruptive transformation AI is driving in procurement and supply chains, alongside other key trends and the macroeconomic

Compliance