Sat.Jan 20, 2024 - Fri.Jan 26, 2024

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6 essentials for CFOs aiming to rise to CEO: McKinsey

CFO Dive

Corporate boards in the past decade have increasingly turned to CFOs to fill the CEO seat. McKinsey has highlighted the attributes boards seek in a chief executive.

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How finance leaders must embed ESG in their function

Future CFO

Embedding ESG is indeed a cross-functional endeavor within the organisation, as every department – from procurement to marketing to finance – has a distinct role to play in implementing ESG. It should be noted that ESG integration is not a mere rearrangement of responsibilities but an evolution that requires businesses to address gaps in their organisational structure.

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Trending Sources

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How to Earn Big as a CFO?

The Finance Weekly

Joe Berchtold, the President and CFO of Live Nation Entertainment, earned an impressive $52.4 million in 2023, making him the ,, highest-paid CFO in the United States. His significant role at Live Nation has been crucial in shaping the company's strategy and financial planning, thanks to his extensive experience in the entertainment industry and financial management.

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967: Leading With a Customer Mind-Set | Karen Walker, CFO, Sysdig

CFO Thought Leader

Like many of her CFO peers, Karen Walker had an early career that was guided by abundant opportunities surrounding finance-driven decision-making within organizations. It was a path that often led Walker to engage more closely with sales and operations, as was the case at CNET Networks, where she tells us that she recognized the limitations of embracing a strictly “rules-based” approach in finance.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

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

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Interim Budget: What are the expectations on the tax front

CFO News

Extension of concessional tax rate of 15% for new industries and rationalisation of capital gains tax structure across financial instruments is top of wish list of tax experts.

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More Trending

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Kitces & Carl Ep 130: Helping Everyone You Can Vs Getting Paid What You’re Really Worth

Nerd's Eye View

Few service industries have as much potential to impact lives as financial advice, and it's that very ability for financial advicers to help their clients achieve positive outcomes that can often compound for decades and beyond that make the profession deeply satisfying for so many. It's no wonder, then, that the profession attracts individuals who are highly service-minded and enjoy helping others.

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PodChats for FutureCFO: Talent strategies for the finance function for 2024

Future CFO

Talent shortage continues to persist in many parts of the world including Asia. In Singapore, for example, the shortage of accounting staff is most felt by small accounting firms that struggle to compete with the Big Four accounting firms. A Gartner survey of finance function employees revealed some interesting problems faced by both employers and employees in the finance function.

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5 Excel-heavy Pain Points still Dragging down finance teams in 2024

The Finance Weekly

When you’re making small-talk with someone who isn’t in finance or accounting about how work is going, and they answer with “busy,” do you ever question how hard it really is? After all, how busy someone is will be relative to their business, function, and industry. However, as finance and accounting professionals, when someone asks us how work is going, when you answer with “busy,” you mean you are working flat-out trying to do very manual things in Excel.We spoke to 20 finance teams for resear

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EY: As AI compliance looms, CFOs are strategy ‘nerve center’

CFO Dive

Balancing innovation with compliance, CFOs are essential in creating companies’ AI strategy, EY’s Liban Jama said.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

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.

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Industrial Manufacturing Solutions: Achieve Cost-Effective Transformation

Navigator SAP

Environmental, social, and competitive trends challenge industrial manufacturers today. While making things still is at the heart of industrial manufacturing, the complexity has increased. Industrial manufacturers need to evolve.

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2024: Five big global trends affecting lives and buisnesses

CFO News

In yet another article on 2024 trends, Robin Banerjee, a seasoned financial expert deep dives into global megatrends that would redefine, as he eloquently puts it, "mankind’s domain – the earth.

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At the Money: How to Pay Less Capital Gains Taxes

Barry Ritholtz

At the Money: How to Pay Less Capital Gains Taxes (January 24, 2024) We’re coming up on tax season, after a banner year for stocks. Successful investors could be looking at a big tax bill from the US government. How can you avoid sticker shock when Uncle Sam comes knocking? On this episode of At the Money, we look at direct indexing as a way to manage capital gains taxes.

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36% of companies plan to raise pay in 2024 amid tight labor market: BDO

CFO Dive

Although the job market has shown signs of cooling in recent quarters, CFOs aim to increase compensation this year to attract and retain employees.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

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Tackling challenges in 2024 head-on

Future CFO

If there is one thing most people can agree on, it is the fact that the world today undergoes constant change in a manner that is almost impossible to keep up with at times. The business world is in no way an exception, of course, as shifts come in across various sectors within short periods. This is especially evident following the COVID-19 pandemic when most—if not all—industries were forced to transform to hold out.

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Birlasoft aims to be $1 billion-plus company in next 2-3 years: CFO

CFO News

Kamini Shah, CFO of Birlasoft discusses the company's strategy, geographical expansion plan, demand shifts amidst macroeconomic uncertainty and focus areas.

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Drafting A Power Of Attorney (POA) Using A Comprehensive ‘Kitchen Sink’ Approach To Avoid Common Pitfalls

Nerd's Eye View

As more Americans are living well into their 80s and even into their 90s, the spectrum of risks that an aging population faces is only getting wider. The need to address longevity risk has become increasingly important, allowing financial advisors to add even more value for their clients by ensuring that their financial needs are met throughout retirement.

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76% of companies link pay to ESG performance in rising trend: WTW

CFO Dive

The biggest companies are weaving ESG into pay incentives despite a backlash against the use of sustainability as a metric for corporate performance.

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Back to Basics with Reconciliations

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.

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Crafting a Strategic Business Exit Plan: Mitigating Personal Risk Through Early Planning

VCFO

Embarking on the journey of selling your business is a pivotal moment for any entrepreneur. For many business owners, their enterprise stands as the cornerstone of their financial portfolio, representing the lion’s share of their net worth. In much the same way as, diversifying investments is a prudent strategy to mitigate personal risk, strategizing the sale of your business well in advance is an integral step toward securing your financial future.

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Canara HSBC Life CFO expects premium growth at par with industry at 10 to 15 per cent in FY24

CFO News

Tarun Rustagi said that although the industry performs better in the January-February-March quarter, de-growth in comparison to last year's March numbers is seen.

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Avoiding Client Power Of Attorney (POA) Rejection By Taking A Comprehensive ‘Kitchen Sink’ Approach

Nerd's Eye View

As more Americans are living well into their 80s and even into their 90s, the spectrum of risks that an aging population faces is only getting wider. The need to address longevity risk has become increasingly important, allowing financial advisors to add even more value for their clients by ensuring that their financial needs are met throughout retirement.

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AI, fake CFOs drive soaring corporate payment-fraud attacks

CFO Dive

Generative AI tools like ChatGPT are making it easier for scammers to create bogus texts and emails as well as deep-fake voices at scale.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

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

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MiB: Sarah Kirshbaum Levy, CEO Betterment

Barry Ritholtz

This week, we speak with Sarah Kirshbaum Levy , chief executive officer of Betterment , an independent digital investment adviser with $40 billion in assets under management. Before joining Betterment, Kirshbaum Levy was chief operating officer of Viacom Media Networks, where she oversaw global strategy, finance and operations. Previously, Levy served as COO at Nickelodeon, where she spearheaded Nickelodeon’s entry into new segments, including consumer products, resorts, Broadway and them

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ITR filing doubles to 77.8 million in 10 years

CFO News

The number of income-tax payers in India rose to 93.7 million in FY23 from 52.6 million in FY14. The tax deducted at source (TDS) emerged as the largest component of direct taxes, reaching ₹8.17 lakh crore in FY23, almost double the amount in FY18. In the last 10 years, net direct tax collections increased by 160.52% to ₹16.63 lakh crore in FY23 from ₹6.38 lakh crore in FY14.

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Weekend Reading For Financial Planners (January 27-28)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news of a survey indicating that about 90% of financial advisors would switch firms based on bad technology at their current firm, and that 44% have already done so. The survey also suggests that a firm's tech stack can affect its ability to attract and retain clients, with 93% of advisors who said they work with state-of-the-art technology reporting that they have added new c

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ADM shares plunge as CFO takes forced leave amid accounting probe

CFO Dive

Archer Daniels Midland named Ismael Roig interim finance chief as the board's audit committee and outside counsel conduct an investigation into accounting practices.

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Solve Your Firm's Automation Complexities Once and For All

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.