Sat.Jul 15, 2023 - Fri.Jul 21, 2023

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How global treasurers and CFOs should approach an erratic economy

Future CFO

Faced with ongoing market volatility, the enterprise C-suite is leaning on its treasury teams like never before to protect company assets and to (ideally) also capitalise on competitive opportunities emerging from an unstable macroeconomic climate. Global corporate treasury leaders can serve as particularly essential strategic advisers right now— if they can harness the right data, analysis, and technology strategy to navigate choppy market conditions.

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CFOs warm to outsourcing

CFO Dive

Hiring outside firms to fill more specialized roles can help reduce some of the responsibilities that are being heaped on finance chiefs’ shoulders. Outsourcing can also cut costs.

Finance 245
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Trending Sources

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Sebi, exchanges ease trading rule for stocks under enhanced surveillance framework

CFO News

Under the existing ESM framework rule, stocks were allowed to trade only once a week. However, trading in them will now be allowed on all days, the exchanges said in a circular.

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Global opportunities and recognition: What the new international CFO alliance means for you

CFO Talks

Written by Staff Writer South African CFO Club was recently part of the historic founding of the International CFO Alliance. But what does this mean for you? Access to bigger markets and global recognition, according to the new chairperson. “Imagine a CFO Club Africa Member being afforded an opportunity to apply… and being awarded an international CFO designation.

CFO 98
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Automation, Evolved: Your New Playbook For Smarter Knowledge Work

Speaker: Frank Taliano

Document-heavy workflows slow down productivity, bury institutional knowledge, and drain resources. But with the right AI implementation, these inefficiencies become opportunities for transformation. So how do you identify where to start and how to succeed? Learn how to develop a clear, practical roadmap for leveraging AI to streamline processes, automate knowledge work, and unlock real operational gains.

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Driving Transformation: Global corporate narrative on transformation needs to resonate with people on ground

CFO News

In this article, Ashish Gupta the Area Finance Director (CFO) North America for makers of Dettol, Lysol, Reckitt Benckiser shares his first hand learning experience with bringing a digital transformation percolating from global vision board to execution at local teams. He says that if there is a global planning and forecasting transformation program, we need to show locally how that improves the processes and experience of the team.

More Trending

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Holding shares of subsidiary not liable to GST, says CBIC

CFO News

The Central Board of Indirect Taxes and Customs (CBIC) Monday came up with a series of clarifications including on the much disputed Input service distributor (ISD) mechanism and the cross charge for internally generated services.

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One CFO’s stealth IPO market tests

CFO Dive

“Bake-offs” and confidential filings can clue executives in on their company’s prospects well ahead of going public, Clearwater Analytics CFO Jim Cox says.

Marketing 130
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All about types of financial statement reports

Spreadym

Financial statements are essential documents that provide an overview of a company's financial performance and position. They offer valuable insights to stakeholders, including investors, creditors, and management. The three main types of financial statements are: Income Statement (Profit and Loss Statement) Balance Sheet (Statement of Financial Position) Cash Flow Statement Income Statement (Profit and Loss Statement) The income statement summarizes a company's revenues, expenses, and profits o

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How to Know if Your ERP Partner Will Give the Support You Need

Navigator SAP

The cloud has made ERP rollout and ongoing maintenance much easier than it was 15 years ago. But rolling out an ERP system and ensuring that it meets both the current and future needs of the business still is complex. A business that uses ERP for backend operations still needs a support partner. Unlike most other software solutions, ERP encompasses all corners of a business.

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Data Talks, CFOs Listen: Why Analytics Is The Key To Better Spend Management

Speaker: Claire Grosjean

Finance teams are drowning in data—but is it actually helping them spend smarter? Without the right approach, excess spending, inefficiencies, and missed opportunities continue to drain profitability. While analytics offers powerful insights, financial intelligence requires more than just numbers—it takes the right blend of automation, strategy, and human expertise.

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America’s Enormous Math Mistake’s Mistake

Barry Ritholtz

@TBPInvictus here; Let’s cut to the chase : A popular video on YouTube claims the poor are much less poor than the official statistics suggest because those statistics ignore government welfare programs like Food Stamps and Aid to Dependant Children and lots of other safety net programs. If this were true, it would mean we have been measuring income inequality incorrectly (perhaps wealth inequality as well).

Math 98
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FedNow goes live for banks, credit unions

CFO Dive

The Fed’s long-awaited instant payments system is arriving right on time this month, giving consumers and businesses a new route for speedier transactions.

Banking 246
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Weekend Reading For Financial Planners (July 22-23)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that Charles Schwab's latest annual RIA Benchmarking Study shows that while average firm assets under management fell in 2022, due largely to weak market performance, organic growth remained strong, mitigating a portion of the market effects on client portfolios.

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We Have Lost All Sense of Decorum

The Reformed Broker

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Sam Ro, Jack Raines, and Downtown Josh Brown discuss AI and the market, the meme economy, Nvidia’s rollercoaster year, the earnings recession, financial charlatans, Berkshire’s massive bet on Apple, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

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What Your Financial Statements Are Telling You—And How to Listen!

Speaker: David Worrell, CFO, Author & Speaker

Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.

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Auditors are not expected to find frauds but they must follow processes: NFRA Chair

CFO News

NFRA: Ajay Bhushan Pandey says auditors must question the business rationale and show greater professional scepticism.

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Datarails rolls out ChatGPT-style FP&A tool

CFO Dive

The new tool seeks to help finance teams deliver insights for business decisions more quickly. It uses the same kind of technology that’s behind Microsoft-backed Open AI’s ChatGPT solution.

Finance 246
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Tata Motors Tackles Debt With Historic Tech Unit IPO

Global Finance

Global Finance Magazine - The proposed listing comes as Tata Motors is trying to significantly reduce its debt pile.

Finance 98
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IAR CE: Continuing Education Requirements For Investment Adviser Representatives And How Different States Adopt NASAA’s Model Rule

Nerd's Eye View

Continuing Education (CE) requirements are common for many professions, but historically there has been no minimum CE requirement for individual Investment Adviser Representatives (IARs) of advisory firms. While holders of certain credentials (e.g., CFP certificants and CFA charterholders) have CE requirements to retain their credentials, IARs without such credentials haven’t traditionally had any ongoing CE requirements.

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Forecasting Failures Are Costly: Heres How To Fix Them

Speaker: Dave Sackett

Traditional budgeting and forecasting methods can no longer keep pace with today’s rapidly evolving business environment. Static budgets, rigid annual forecasts, and outdated financial models limit an organization’s ability to adapt to market shifts and economic uncertainty. To stay ahead, finance leaders must leverage a future-forward approach—one that leverages real-time data, predictive analytics, and continuous planning to drive smarter financial decisions.

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JSW Steel appoints Swayam Saurabh as CFO

CFO News

The JSW Board in a meeting held on July 21, 2023 approved the appointment of Swayam Saurabh as the CFO. In May 2023 the steel industry veteran Seshagiri Rao stepped down from the board of JSW Group and as the group CFO, he is now the advisor to the Group.

CFO 98
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‘State-of-the-art’ Kraft Heinz facility to cost in excess of $400M

CFO Dive

The high-tech warehouse, which is expected to open in 2025, is expected to feature robotic technology allowing fully-automated selection of Kraft Heinz products.

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Visa Spends $1 Billion For Pismo

Global Finance

Global Finance Magazine - Pismo’s platform will also help Visa provide support and connectivity for emerging payment gateways for financial institution customers.

Finance 98
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New 10-year TIPS auctions with a real yield of 1.495%, a disappointing result

Tips Watch

By David Enna, Tipswatch.com I am currently cruising down Germany’s Rhine River, with surprisingly limited internet access in a remote area, so this will need to be a quick post.

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Are Robots Replacing You? Keeping Humans in the Loop in Automated Environments

Speaker: Erroll Amacker

As businesses increasingly adopt automation, finance leaders must navigate the delicate balance between technology and human expertise. This webinar explores the critical role of human oversight in accounts payable (AP) automation and how a people-centric approach can drive better financial performance. Join us for an insightful discussion on how integrating human expertise into automated workflows enhances decision-making, reduces fraud risks, strengthens vendor relationships, and accelerates R

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How startups are looking to create long-term value by integrating ESG

CFO News

Startup CFOs are likely to focus on integrating CSR (Corporate Social Responsibility) and ESG (Environmental, Social, Governance) frameworks into their organisations in the coming years. Most startups are still pondering how to properly implement ESG activities.

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SEC takes climate rule criticism ‘very seriously’: top official

CFO Dive

GOP lawmakers on Tuesday accused an SEC division director of undermining capitalism by pushing for a climate risk disclosure rule.

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South Korea Allows Domestic Banking Partners

Global Finance

Global Finance Magazine - South Korea will allow new domestic players into its banking industry to break the domination of the sector by just five commercial banks.

Banking 98
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Meeting Sage Consultants - Fispan’s journey at the Sage Partner Summit

FISPAN

Read about FISPAN's experience at Sage Summit 2023, where Dorian Simon, Product Manager at FISPAN, shares insights on integrating bank treasury services into ERP systems like Sage Intacct.

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Book of Secrets on the Month-End Close

Based off SkyStem's popular e-Book, the book of secrets to the month-end close will be revealed in this one-hour webinar. Learn leading practices when it comes to building a strong and sustainable month-end close that has room to grow and evolve. Learn about the power of precise estimates, why reconciliations are critical to closing the books, how and when to automate, and how the chart of accounts play into your close process.