CFO Dive

DECEMBER 20, 2024

CFOs need to gain a baseline understanding of how their companies are perceived externally — those that don’t are “flying blind,” McKinsey’s Andy West says.

191

191

Navigator SAP

DECEMBER 20, 2024

As a business grows, there comes a time when it must move from a collection of small business software solutions to an integrated, industrial-strength enterprise resource planning solution (ERP) built for added complexity and greater transaction volumes. However, ERP is complicated to set up and roll out since it touches all parts of a business and encompasses all of an organizations processes.

SAP 133

SAP Planning Marketing 133

CFO Dive

DECEMBER 20, 2024

CFO and co-interim CEO David Zinsner, along with the company’s former CEO, misled shareholders about the financial performance of Intel’s foundry unit, shareholders allege.

CFO 165

CFO 165

E78 Partners

DECEMBER 20, 2024

Cloud services are an indispensable part of the digital strategy for organizations that seek to innovate and scale. However, managing cloud costs effectively is a complex challenge that demands strategic focus. For technology leaders, particularly in private equity-backed companies, cloud spend management is a critical lever for driving profitability and value creation.

Cost Management 52

Cost Management Budgeting Leverage Auditing 52

Speaker: Ashley Harlan, MBA

What if your role as a fractional CFO went beyond operational support to actively shaping the future of your clients’ businesses? 💼 ✨ In this session, discover how fractional finance professionals can position themselves as architects of growth, guiding their clients toward sustainable success and preparing them for full-time financial leadership.

CFO

CFO Dive

DECEMBER 20, 2024

Businesses should prepare for wide-ranging impacts stemming from a new presidential administration, including the need to revamp supply chains and cost structures.

147

147

Lime Light

DECEMBER 20, 2024

It is a traditional practice for companies to project estimates and expectations for a new fiscal year. To do this effectively, organizations employ an essential financial planning technique known as budget forecasting. This tool aids businesses in projecting future income and costs, guaranteeing efficient use of resources and strategic decision-making.

Forecasting 52

Forecasting Budgeting Planning 52

CFO News

DECEMBER 20, 2024

Large private equity (PE) deals, high-profile corporate mergers such as RelianceDisney, AdaniACC and Ambuja, and Mankinds acquisition of Bharat Serums, along with a surge in IPO activity, have fuelled the M&A boom. As a result, Indias annual M&A market has doubled the previous decades average of USD 70bn to USD 140bn in the current decade. After a slowdown in deal-making from mid-2022 to 2023, the country has seen a strong recovery in its M&A performance.

Mergers and Acquisitions (M&A) 45

Mergers and Acquisitions (M&A) Marketing 45

Lime Light

DECEMBER 20, 2024

Effective budgeting is vital for nonprofit organizations, ensuring transparency, compliance, and mission alignment amidst complex financial and accounting demands. Unlike for-profits, most nonprofits face challenges like restricted donations, tracking diverse funding sources, and maintaining precise records under rigorous public inspections.

Nonprofit 52

Nonprofit Budgeting Compliance Accounting 52

CFO News

DECEMBER 20, 2024

Bitcoin is capital asset: Jodhpur ITAT recently ruled that an Infosys employee who purchased Bitcoin using his salary should pay capital gains tax at 20% rate and also claim section 54F tax exemption after he sold the Bitcoin for Rs 6.69 crore. The Income Tax Department wanted this person to pay 30% tax on that more than Rs 6 crore gains but lost the case.

40

40

Advertiser: Paycor

Use these handy calendar templates to stay on top of payroll in 2025! Download them today to share with your HR team or post for employees. Whether your company has biweekly, semi-monthly, or monthly pay periods, Paycor has you covered. Get your templates today!

Barry Ritholtz

DECEMBER 20, 2024

This week, we speak with Dana Mattioli , who as Senior Enterprise Technology Reporter for the Wall Street Journal covers Amazon. Her investigations into the retail giant’s business practices, market power, and antitrust issues led her to write The Everything War: Amazons Ruthless Quest to Own the World and Remake Corporate Power. She won the 2021 Gerald Loeb Award for Beat Reporting, the WERT Prize from the Womens Economic Roundtable, and the Front Page Award for her Amazon coverage.

Economics 52

Economics Retail Technology Marketing 52

CFO News

DECEMBER 20, 2024

Sustainable entrepreneurship is transforming business by prioritizing both profit and the planet. Driven by moral imperative, consumer demand, and regulations, these businesses embed green practices throughout their operations.

40

40

CFO News

DECEMBER 20, 2024

The Supreme Court slammed the misuse of temporary contracts. The court highlighted the exploitation of workers, especially in the gig economy. The court ordered reinstatement of sweepers who worked for two decades. The sweepers were employed by the Central Water Commission. The court ordered back wages for the sweepers. The court stressed fair employment practices for government organizations.

40

40

CFO News

DECEMBER 20, 2024

Indias gross domestic product (GDP) has been growing at a much faster clip than expected most government agencies and financial institutions peg it at over 7%. Yet, the households tell another story. Most of them saw their real income growth after accounting for inflation fall by 3.1% in the last five years.

40

40

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 News

DECEMBER 20, 2024

The Reserve Bank of India reported that DISCOM losses reached Rs 6.5 lakh crore, impacting state finances. The RBI recommends improving efficiency, reducing losses, and aligning tariffs with costs. Privatization and unbundling are also suggested. States are showing fiscal discipline, with a gross fiscal deficit contained at 2.91 percent of GDP. Capital outlay increased, indicating investment in infrastructure.

40

40

CFO News

DECEMBER 20, 2024

The NFRA's recent audit inspections of BSR & Co. LLP and Lodha & Co. LLP have exposed significant lapses in related party transactions, audit documentation, and independence controls. However, the report highlights improvements from previous inspections for BSR & Co. Both firms have acknowledged these issues and committed to implementing corrective actions to enhance their audit practices and regulatory compliance.

40

40

CFO News

DECEMBER 20, 2024

Biotech Startups India: From just 50 biotech startups in 2014 in India, the ecosystem has grown to nearly 9,000 in the last decade, said Union Minister Jitendra Singh.

40

40

CFO News

DECEMBER 20, 2024

Tata Group refuted rumors of Starbucks leaving India. Starbucks operates 457 stores in India through a joint venture with Tata. The company aims to reach 1,000 stores by FY28. Starbucks India revenue grew but losses widened due to expansion. Tata stated it prioritises scaling over store profitability. Starbucks entered India in October 2012 through a joint venture with the Tata Group.

40

40

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

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

DECEMBER 20, 2024

Tata Trusts has implemented stricter monthly reviews of projects to control operational costs and improve the impact of its philanthropic efforts. An internal audit revealed discrepancies, prompting enhanced monitoring and reporting. The Trusts may prioritize grants over direct implementation projects to minimize expenses and maximize funds for charitable causes.

Prioritization 40

Prioritization Auditing 40

CFO News

DECEMBER 20, 2024

On October 24, India's top court ordered that companies will be liable to pay statutory dues even on non-telecom revenue earned using spectrum. The amount of money that the government can make, thanks to this verdict, may be good enough to erase nearly half the countrys budget deficit of 7.2 lakh crore.

Budgeting 40

Budgeting 40

CFO News

DECEMBER 20, 2024

The GST Council is contemplating exempting gift vouchers from GST and reducing tax rates on insurance premiums. They are also considering an 18% GST on used cars, including electric vehicles, and a potential 35% slab for sin goods. However, states have differing views on these proposals, requiring further discussion.

40

40

CFO News

DECEMBER 20, 2024

TReDS is an initiative introduced by the RBI and backed by the MSME Ministry. It serves as an electronic platform facilitating the financing and discounting of trade receivables of MSMEs through multiple financiers in order to solve their working capital-related challenges.

Finance 40

Finance 40

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 News

DECEMBER 20, 2024

Total imports of finished steel were at an eight-year high with India, the world's second-biggest crude steel producer, a net importer during the period.

40

40

CFO News

DECEMBER 20, 2024

UltraTech Cement got approval to acquire India Cements. The deal expands UltraTech's presence in South India. UltraTech bought a 32.72% stake for Rs 3,954 crore. They also launched a Rs 3,142.35 crore open offer for another 26% stake. UltraTech, India's largest cement producer, aims to reach 200 MTPA capacity. India Cements has a 14.45 MTPA capacity.

40

40

CFO News

DECEMBER 20, 2024

Immigration services face mixed impacts: USCIS may excuse delays, while DOL activities halt. National parks may close, taxpayer support pauses, and airport delays increase. Shutdowns stem from budget disagreements and occur annually if no resolution is reached.

Budgeting 40

Budgeting 40

CFO News

DECEMBER 20, 2024

Also, the Group of Ministers (GoM) on GST compensation cess is likely to get a six month extension till June, 2025, to submit its report. The compensation cess regime comes to an end in March, 2026, and the GST Council has set up a panel of ministers, under Union Minister of State for Finance Pankaj Chaudhary, to decide the future course of the cess.

Finance 40

Finance 40

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