Sat.Feb 10, 2024 - Fri.Feb 16, 2024

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The power of blended finance for sustainable development

Future CFO

The energy transition represents a transformative investment opportunity, with the world’s net-zero ambitions either coming to fruition or failing in the dynamic Asia-Pacific region, according to PricewaterhouseCoopers. Funds are flowing into the region to help bridge the gaps in generation, transmission and other vital components of infrastructure.

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CFOs project higher AI budgets in 2024, Gartner says

Future CFO

Chief financial officers are projecting higher budget for artificial intelligence in 2024, forcing conversations on AI ambition and policies, according to a survey by Gartner. The 2024 Budget Priorities for CFOs report revealed that technology is the top of the list for increased budgets in 2024, with 82% of CFOs planning to spend more than they did in 2023.

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Trending Sources

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Want a remote accounting or finance gig? It could be your lucky year.

CFO Dive

The accounting and finance job category rose to take second place in FlexJobs’ 2024 ranking of the strongest fields for work-from-home roles.

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Batch Manufacturing Records: What You Need to Know

Navigator SAP

Lean manufacturing requires strong process control and organization. Whether making industrial product solutions or consumer goods, manufacturers benefit from master records that track batch production and the key elements required for the process. One manufacturing resource planning method that is critical for this organization is the batch manufacturing record.

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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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NYCB Dividend Cut

Corporate Finance

Normal 0 false false false EN-US X-NONE X-NONE Banks stocks are generally affected by interest rates and New York Community Bancorp (NYCB) is no different. NYCB has a large amount of loans tied to New York City apartments and commercial real estate. With high interest rates, New York City rent control policies, and changing demand for commercial real estate in New York City, investors are concerned about the bank's future performance.

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More Trending

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Investors rank securing talent as top corporate priority in 2024: EY

CFO Dive

Corporate directors and investors differ when identifying the biggest issues this year, with directors focusing more on the economy and capital allocation, EY said.

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Overcoming the global slowdown with a super app strategy

Future CFO

Singapore-headquartered technology firm Grab Holdings Limited has set the bar high for corporate response to the COVID-19 pandemic. Its swift move to diversify its services cushioned the impact of the unprecedented health crisis on its ride-hailing business. The transportation sector was one of the worst hit by the pandemic. As mobility ground to a halt amid lockdowns and other restrictions in 2020, Grab quickly accelerated its shift from ride-hailing services to deliveries to meet increased dem

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NFRA's first annual inspection of key audit firms to start by April

CFO News

The regulator will also gauge the Big Five's compliance with the suggestions made in its December 2023 reports in which it had flagged deficiencies in their work processes, including on non-audit services that they provide to the same companies of which they are the statutory auditors, one of the persons said.

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CPI Shelter Measures: 6-12 Month Lag

Barry Ritholtz

Last month, I mentioned that CPI inflation measures were based on lagging BLS measures of Owners’ Equivalent Rent (OER). BLS highlighted housing prices, headlining the CPI report as “CPI for all items rose 0.3% in January; shelter up ” As the chart above shows, Shelter was 2/3rds of the increase in the most recent. ( Chart thanks to Michael McDonough ).

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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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AI dominates CFOs’ 2024 budget hike plans

CFO Dive

The vast majority (90%) of finance leaders are projecting higher AI budgets in the coming year, with none planning a reduction, Gartner found.

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Practising ESG: where rubber meets the road

Future CFO

Natalie Runyon Natalie Runyon , director of ESG content and advisory services at Thomson Reuters Institute, predicts that in 2024 , businesses are expected to embrace ESG criteria not just for compliance or risk management, but as a chance to fundamentally transform their business models with the full understanding and acceptance of the need to account for increasingly complex external risks that may be occurring simultaneously.

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Income Tax department issues notices to taxpayers for donations to unrecognized political parties

CFO News

The Income Tax Department has issued notices to taxpayers who made donations to political parties registered but not recognized by the Election Commission, for fiscal years 2021 and 2022. The notices under Section 80GGC of the Income Tax Act aim to investigate whether such donations were used for tax evasion and money laundering. Around 5,000 notices have been sent so far, targeting donations to about 20 unrecognised political parties.

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The Importance Of Employee Appreciation (Going Beyond Just Recognition) For Advisory Team Satisfaction And Retention

Nerd's Eye View

While there is a plethora of ways that financial advisory firm owners can build and run their practices (from service models to specialties to fee structures and beyond), one of the most complex activities shared by many growing firms are those that involve hiring, training, managing, and retaining employees. And with the increasing shift to remote and hybrid work in recent years, these skills have become even more important.

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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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Auditors should follow tougher standards for identifying fraud: IAASB

CFO Dive

A proposal for stricter rules by the global standard setter for corporate audits follows what it says is a rash in fraud cases in recent years.

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U.S. inflation rose 0.3% in January, higher than expectations

Tips Watch

By David Enna, Tipswatch.com I am traveling today so this will be a brief post. So … it looks like the Federal Reserve’s wariness on inflation has been justified, at least based on data from the January inflation report.

Finance 96
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India's retail inflation moderates to 5.10 per cent in January

CFO News

India's retail inflation has eased to 5.10% on an annual basis, according to data released by the Ministry of Statistics & Programme Implementation. This is a decline from December's four-month high of 5.69%. A Reuters poll had predicted a three-month low of 5.09%. The inflation rate remains within the Reserve Bank of India's tolerance band of 2-6%.

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Weekend Reading For Financial Planners (February 17-18)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a study from Cerulli Associates indicates a lack of fee transparency represents a significant hurdle for many investors when considering working with a financial advisor. Which suggests that while advisors might be hesitant to publish their fees on their website before being able to meet face-to-face with prospects, doing so (and linking the fees to the value proposi

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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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Inflation edges up, pushing back forecast of first Fed rate cut

CFO Dive

Futures traders now see a 52% probability that policymakers in June will cut the federal funds rate from its current peak level between 5.25% and 5.5%.

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vcfo Returns as an Entrepreneur Of The Year® 2024 Award Sponsor

VCFO

vcfo is proud to sponsor the Entrepreneur Of The Year® 2024 Award. A returning regional sponsor in the Gulf South program , which includes Central and South Texas, Louisiana, and Mississippi, this award highlights ambitious founders and leaders whose endeavors demonstrate an entrepreneurial spirit, growth, purpose, and impact. “It’s exciting to be part of the nominating committee for entrepreneurs to tell their story on this best-in-class business award platform,” says Ken Dowa

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Catastrophic Risk: Investing and Business Implications

Musings on Markets

In the context of valuing companies, and sharing those valuations, I do get suggestions from readers on companies that I should value next. While I don't have the time or the bandwidth to value all of the suggested companies, a reader from Iceland, a couple of weeks ago, made a suggestion on a company to value that I found intriguing. He suggested Blue Lagoon, a well-regarded Icelandic Spa with a history of profitability, that was finding its existence under threat, as a result of volcanic activ

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10 Weekend Reads

Barry Ritholtz

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • A Cycle of Misery: The Business of Building Commercial Aircraft : Making commercial aircraft (large jetliners purchased by commercial airlines) is in some ways like any other manufacturing industry. A company develops a product and tries to sell it for enough to cover the costs of developing and producing it.

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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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Krispy Kreme faces double-digit inflation in some costs: CFO

CFO Dive

The company is grappling with soaring sugar prices as the fight to keep inflation on a downward path remains an ongoing challenge for the Federal Reserve.

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Paytm Money appoints Vipul Mewada as CFO

CFO News

The position of the finance chief at Paytm Money had been vacant since April 2023, when Amit Kapoor left the firm after a nearly three-year stint. Mewada, who joined the company in the last week of January, was earlier the deputy CFO at ICICI Securities.

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How Tina Hobbs is helping first-time homebuyers realize their dream

Bank of the West

Home ownership is a significant wealth-building tool that sets future generations up for success. Tina Hobbs, CRA Mortgage Manager – Homebuyer Specialist, recently shared her family’s experience with historical barriers… Read more The post How Tina Hobbs is helping first-time homebuyers realize their dream appeared first on About BMO.

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MiB: Bill Dudley, NY Fed Chief

Barry Ritholtz

 This week, we speak with Bill Dudley , former president and chief executive officer of the Federal Reserve Bank of New York , where he also served as vice chairman and a permanent member of the Federal Open Market Committee. He was executive vice president of the Markets Group at the New York Fed, where he also managed the System Open Market Account.

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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.