The Finance Story

#NFRA and #ICAI are clashing again....This time over updates to Standard on Auditing (SA) 600! NFRA wants to align SA 600 with the global International Standard on Auditing (ISA) 600. What’s the big deal? We turned to Robin Banerjee, CA and Chairman at Nucleon Research, to break it down for us. You can also read it here: https://lnkd.in/daV84Gbr #sa600 #auditors

OpenAI just unveiled its groundbreaking AI models o1, and o1-mini. And they are not just faster, but smarter, especially in complex fields like science, coding, and math. Now, the real question is; should finance professionals be worried? #artificialintelligence #openai #technology

PwC just slashed 2.5% of its U.S. workforce. That's 1,800 professionals suddenly updating their LinkedIn profiles. It's PwC's first major layoff in over a decade. So what factors are driving this decision? 🤔 #layoff #big4 #pwc

Vaibhav Manek, Co-founder and Partner at KNAV US spotted a golden opportunity in the US-India business corridor in the late ‘90s. 📈 What happened next? A chance meeting with Khozema Anajwalla, Nishta Sharma, and Atul which sparked the creation of KNAV in Mumbai in 1999. Fast forward to today, KNAV now operates in 7 countries including the US, UK, Canada, the Netherlands, Singapore, the Philippines and India. They also ranked as one of the Top 300 CPA firms in the US. Here is their exciting journey. #usindiacorridor #accountingandaccountants #finance #USCPA #CrossBorderAccounting #knav

🚀 Devadatta Rajadhyaksha, former Finance Controller at Kedaara Capital says that India is witnessing a massive surge in #PE and #VC investments! As of 2024, there are about 1,400 Alternative Investment Funds (AIFs) registered in India. The number was 650 in 2020. Investor Commitments: 2024 sees commitments of about INR 11.8 lakh crore, a significant increase from just under INR 4 lakh crore in 2020. This is creating opportunities for Fractional CFO services and fund administration. #PrivateEquity #VentureCapital #GIFTcity #CAFirms #FractionalCFO #FundAdministration

Girish Vanvari founder at Transaction Square says: "Figure-it-out people are far more valuable than rigid people with multiple degrees." This was during The Finance Story Mumbai event, when Murtuza Kapasi asked for pieces of advice on creating a team when starting your own. 🚀 Watch the video to hear from our other speakers as well: ✅ Venkat S on Practus and his insights on company culture. ✅ Vaibhav Manek on KNAV US's pay-for-performance model. How would you build the perfect team for your company? Do share your thoughts.  #thefinancestory #hiring

Harvansh Grover, Regional Head for Conglomerates & Large Corporate, South India, HDFC Bank says that you don't need to be flamboyant to become a Corporate Banker. So what do you need then? Find out more in our YouTube video - https://lnkd.in/dCk2wEnW #corporatebanker #banking #hdfc #corporatebanking

🎤 Vishnu Patwari, CA Kavita Tapdiya Chakraborty Uday Ranpara tackled a burning question – How long does it take to scale an Accounting & Tax #OutsourcingFirm? Although five years may seem like a long time, the speakers explain why it's necessary. This was from The Finance Story Mumbai Fireside & Networking Event. 👉 Join this group for more updates on our next event: nas.io/The_Finance_Story BDO RISE Private Limited Unison Globus Initor Global Konnect Books & Taxes- Virtual CFO & USA Tax Consultants. #outsourcing #accountingandaccountants #cafirms #bookkeeping #bdorise

🎉 The Finance Story has launched an exclusive private community for mid to senior finance professionals. Register here - https://lnkd.in/dpj9adgE Why should you join? It is a no-fluff community that’s all about career growth, impactful connections, and insights Register if you are, ➡️Aiming for top roles like CFO, CXO, or other leadership positions ➡️CA or consulting firm owners looking to scale ➡️Entrepreneur seeking inspiration and guidance ➡️Or just want to stay ahead with the latest industry trends and opportunities #finance #charteredaccountant #cfo #entrepreneur #careerinsights #networking

Guru Prasad M, co-founder and Managing Partner at Guru & Jana Chartered Accountants has had his fair share of challenges. For 8 years, they only grew to a team of 50. But.... As the saying goes, patience pays off! Today they have amassed a team of over 672 members, including 180+ professionals, and have offices in multiple locations. What led to their transformation? Check out the YouTube video to find out - https://lnkd.in/d_NBEmT8 #cafirm #charteredaccountants #accountingandaccountants