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 273

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.

CFO 104

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 284

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: 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

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 272

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 77

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.

Banking 95

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.

Banking 52

Banking 52

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, 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

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.

Leadership 52

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.

Economics 52

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).

Tax Planning 52

Tax Planning Compliance Restructuring Treasury 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 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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Advertisement

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

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: David Warren and Kevin O'Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

Sales

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.

Leadership 52

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

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

Marketing