Mon.Sep 16, 2024

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Key lease accounting trends: Then and now

CFO Dive

Are you a lease accountant navigating 2024? We dive into the trends that have shaped the year, from interest rate volatility to ESG disclosures & the accountant shortage.

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7 Lessons Learned Launching A Sustainable Business Model To Serve (And Attract!) Profitable Millennials And Gen Z Clients

Nerd's Eye View

The business model of many financial advisory firms revolves around serving clients who are able to pay a certain minimum in annual advisory fees, which reflects not only the value that the advisor can provide for the client, but also the amount that the advisor must charge in order to provide the level of deep planning and investment management that higher-net-worth clients expect (while also earning enough profit to make the venture worthwhile).

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Trending Sources

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AICPA, NASBA take big step toward CPA licensure option with less schooling

CFO Dive

The accounting associations are seeking public comment on an alternative route to getting a CPA license that doesn’t require a fifth year of college.

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August Tech Layoffs Highest Since January

The Finance Weekly

Sixty-four percent of tech companies pivot towards Artificial Intelligence (AI) to streamline operations. Tech giants like Apple, IBM, Cisco, Dell, and Intel were among the 48 companies that announced a whopping 26,024 job cuts. Over 400 tech companies have made similar announcements, affecting more than 130,000 workers, with January having the highest count of job cuts at 34,107.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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T-Mobile hikes CFO compensation amid antitrust scrutiny

CFO Dive

The CFO’s raise comes as T-Mobile looks to continue an aggressive growth push in the face of antitrust scrutiny from lawmakers.

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More Trending

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EPA issues violation notice to ADM over carbon sequestration permit

CFO Dive

The violation relates to corrosion in a monitoring well at the agricultural supply chain company’s second injection site that has since been plugged and did not affect surface or groundwater, ADM said in a statement.

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Former Finance Secretary SC Garg urges bold reforms and STEPS investment to hit $5 trillion economy by 2027

CFO News

SC Garg: "My broad sense is that the government is still operating with a 20th-century mindset," said Subhash Chandra Garg.

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RWM 11th Anniversary (Steel)

Barry Ritholtz

It’s hard to believe that it has been only 11 years since we launched RWM… I am in Huntington Beach, California at at FutureProof 2024 — I’ll get some photos up later this week — but I don’t have time to get lost in any nostalgia If you are interested in our history , check out any of the links below — or my or Josh ‘s announcements when we launched.

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HEG CFO Gulshan Kumar Sakhuja resigns

CFO News

Gulshan Kumar Sakhuja has resigned from his position to pursue opportunities outside of the organisation.

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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Galvanizing the next generation of changemakers at 2024 One Young World Summit 

Bank of the West

Big progress requires bold thinking. From building resilience in the face of climate change, to innovating sustainable ways to feed the world, to fostering equity across the globe, the challenges… Read more The post Galvanizing the next generation of changemakers at 2024 One Young World Summit appeared first on About BMO.

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Gaming, BFSI top GST evading sectors as DGGI detects Rs 2 lakh crore evasion

CFO News

Online gaming has emerged as the biggest contributor to tax evasion, with Rs 81,875 crore uncovered in 78 cases followed by BFSI with Rs 18,961 crore detected across 171 cases.

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Sumsub's non-doc identity verification solution gets regulatory nod

Future CFO

Global full-cycle verification provider Sumsub received full regulatory compliance approval for its non-doc identity verification solution following a regulatory-led audit conducted by FINTRAIL, a global-consultancy specialising in financial crime risk management and regulatory compliance. The company is set to expand its Non-Doc Verification solution into 10 additional markets, including Australia, Canada, Hong Kong, and the UAE.

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GHCL Limited receives notice from GST Department for excess ITC Claim

CFO News

GHCL Limited has received a scrutiny notice on September 16, 2024 from GST department, Maharashtra for the financial year 2020-21, according to the exchange filling.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Sebi chief Madhabi Buch is addressing conflict of interest claims, says Finance Minister Nirmala Sitharaman

CFO News

Finance Minister Nirmala Sitharaman addressed allegations against Sebi chief Madhabi Puri Buch and her husband, stating that they are defending themselves with facts. Sitharaman emphasized the need to consider facts without prejudgment.

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With Swiggy, LG India & Hyundai, IPO market prepares for bigger debuts

CFO News

Indian companies are exploring larger IPOs, with Swiggy, LG Electronics, and Hyundai Motor's Indian units planning significant offerings. This trend follows India's economic growth and increased investor interest. Notable IPOs this year include Bajaj Housing Finance and Ola Electric Mobility, with most of the 240 offerings raising under $100 million.

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Foreign banks urge RBI to relax norms until standoff with ESMA gets resolved

CFO News

Foreign banks, including Deutsche Bank and BNP Paribas, seek clarity from the Reserve Bank of India on norms that hinder an alternative trading model for bonds and swaps. This comes amid a regulatory dispute between European authorities and the RBI, with an October deadline looming for resolution.

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Piyush Goyal launches Bharat Startup Knowledge Access Registry

CFO News

Through this platform, all the key stakeholders within the entrepreneurial ecosystem, including startups, investors, mentors, service providers, and government bodies can interact with each other to promote the sector's growth.

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Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.

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Shapoorji Pallonji Group wants Tata Sons to go for IPO

CFO News

The Shapoorji Pallonji Group, holding an 18.37% stake in Tata Sons, has suggested exploring an IPO to unlock value for stakeholders. At the Tata Sons AGM, the SP Group praised the performance under chairman N Chandrasekaran. This marks a potential thaw in relations following years of legal battles after Cyrus Mistry's ousting.

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Rate cut to be based on long-term inflation trajectory: RBI Governor

CFO News

RBI Governor Shaktikanta Das stated that decisions on interest rate moderation will be based on long-term inflation trends rather than monthly data. The Monetary Policy Committee will meet from October 7 to 9 to decide on the interest rate, which has remained at 6.5% amid food inflation risks.

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