News
Employers best positioned to facilitate trust in era of polarisation
The majority of employees trust their employer, but income disparity and ideological polarisation pose significant risks to workplace cohesion in the annual Edelman Trust Barometer.Imminent global risks reflect societal fragmentation, distrust
Geoeconomic confrontation, misinformation, and societal polarisation make up the top three near-term risks in the World Economic Forum’s annual Global Risks Report.Report: AI speeds up work but fails to deliver real business value
Organisations are capturing speed through AI, but much of the reclaimed time is spent correcting or rewriting low-quality AI output, a global report says.AI vulnerabilities emerge as fastest-growing cyber risk
AI is expected to be the most significant driver of change in cybersecurity in the year ahead, according to a World Economic Forum survey.The evolving roles of CFOs in the Middle East
Finance leaders in the region prepare to position themselves as the “generators” and “guardians” of AI’s value.Outsourcing grows globally as leaders grapple with talent, cost constraints
C-suite leaders are outsourcing IT services to harness external expertise amidst talent and budget shortfalls, but overreliance on third-party guidance poses strategy risksAI readiness, skills gaps top concerns of finance leaders
Eighty-eight per cent of finance professionals believe AI will be the most transformative tech trend over the next 12 to 24 months. Yet only 8% feel their organisations are “very well prepared” to manage it, a new AICPA and CIMA survey shows.Legislation set to lower EU sustainability reporting threshold
The European Parliament votes to reduce the number of companies subject to reporting requirements to include EU companies employing over 1,000 employees and with a net annual turnover of over €450 million.ISSB amends IFRS S2 requirements to make implementation easier
The revisions aim to minimise disruption by providing reliefs and clarifications for companies applying the standard.Workers generally at ease with tech; about half don’t trust senior leaders
Globally, more workers are curious than worried about AI’s impact on their roles, and only half say senior leaders’ words match their actions.UK job market shows signs of recovery amidst hiring slowdown
Recruitment activity fell again during November, but signs of market recovery are starting to emerge in the UK, according to a monthly report by KPMG and the REC.US finance leaders feel better about their companies, worse about economy
More finance decision-makers are optimistic about their own companies versus the US and global economies, according to the quarterly AICPA and CIMA Economic Outlook Survey.IASB proposes new accounting model to improve risk management
The new model aims to enhance how financial institutions manage interest-rate risk.Chancellor delivers UK Budget
Changes to the apprenticeship scheme, salary sacrifice pension contributions, and writing-down allowance were announced by the UK Chancellor.FRC issues changes to UK taxonomy
The update includes changes to the FRC taxonomy suite, charities taxonomy, and Irish taxonomy.UK temporary hiring rebounds for first time since 2024
A rise in temporary billings and a softer fall in permanent placements point to increased stability in the UK, but cautious hiring prevails, according to a monthly report.AI and cloud convergence is key, but scaling lags
Eighty-six per cent of business and tech leaders say AI agents are essential for driving cloud decisions, yet only 29% are scaling those tools.FRC releases new UK sustainability assurance standard
The standard is intended to improve voluntary reporting for UK assurance providers and align with international requirements.Despite setbacks (and pushback), sustainability still a top business priority
Companies’ road maps are evolving as more leaders recognise the benefits of sustainability investments, but, overall, C-suite efforts have waned this year
Read the latest FM digital edition, exclusively for CIMA members and AICPA members who hold the CGMA designation.