Ciaran Ryan

The skill that can make or break a CFO’s career

From CFO.com: Of the many vitally important roles and responsibilities of a chief financial officer, the ability to deliver compelling financial presentations would likely not make the top five. But as many CFOs would attest, these presentations can make or break careers. Deliver a compelling and persuasive presentation and you’re a hero. Deliver a rambling, …

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EU deploys anti-dumping measures against trade partners, Ireland’s low-tax regime ‘running out of road’

From Tax Advisers Europe: The European Commission has leveraged on its new trade policy instruments towards third countries, whereby the EU takes defensive against unfair trade practices, including dumping and products benefiting from foreign State Aid/ subsidies entering the Single Market. The EU has used the trade policy anti-dumping instruments against a number of foreign …

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CFOs debate duration of inflation

From Cfodive.com: “It’s not clear yet what inflation will stick and what will be temporary,” Chipotle Mexican Grill CFO Jack Hartung said Thursday. Throughout the summer, business leaders, analysts and consumers have shared a common concern: the continued trend of inflation. In late June, a CNBC survey found U.S.-based CFOs citing inflation as their companies’ biggest external …

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Big Four firms EY, Deloitte report higher revenue

The professional-services firms are looking to expand their technology offerings to clients, says WSJ. Ernst & Young and Deloitte Touche Tohmatsu both recorded higher revenue for the past fiscal year, allowing them to plan for further investments in services and technologies for clients. EY’s revenue climbed to $39.96 billion for the fiscal year ended June …

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Biden Mandates Vaccines for Large Companies

“We’re going to reduce the spread of COVID-19 by increasing the share of the workforce that is vaccinated in businesses all across America.” From Cfo.com: US President Joe Biden has significantly extended COVID-19 vaccine requirements into the American workplace, saying large employers must have their workers vaccinated or tested weekly. The new vaccine requirement for …

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Gartner identifies the top technology trends that CFOs should address today

Hyperautomation and intelligent composable business are the top strategic trends that CFOs should immediately address, according to Gartner, Inc. “These trends reflect the need for finance leaders to quickly and efficiently adjust to rapidly changing business conditions,” said Alejandra Lozada, senior director, research in the Gartner Finance practice. “Hyperautomation stresses the importance of moving away …

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Minimising the minimum tax? The critical effect of substance carve-outs

From EU Tax Observatory: In July 2021, 132 countries agreed to a minimum tax rate of at least 15% on their multinationals’ profits. However, the joint statement includes a provision that could substantially reduce the effectiveness of this policy. Specifically, the proposed agreement allows multinationals to reduce profits subject to the minimum tax by an …

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