News
AI investment rises, but business value lags
Most business leaders in a quarterly survey plan to increase AI investments, but sustained business value remains untapped.AI errors and poor data quality fuel investor scrutiny
Most investors in a new survey cite concerns about AI accuracy in company disclosures, and more than one in four executives report that AI errors have been detected in information that reached external audiences or company boards.Data breach costs climb as AI-powered attacks surge
More than one in four data breaches are AI-enabled, according to an annual IBM report. The shifting threat landscape has prompted C-suite leaders to rethink the use of AI agents in security.UK hiring measure hits neutral level for first time since 2022
July marks the first month without a drop in permanent hiring since September 2022, but companies remain more reliant on temporary workers.Employees increasingly consult AI, not coworkers
A global survey shows that regular AI use makes employees feel more self-sufficient, but AI is also replacing informal interactions that foster learning.FRC opens consultation on proposed 2027 taxonomies
The UK Financial Reporting Council encouraged respondents to read the changelog document included in the draft of its 2027 taxonomy suite.As AI use in cybersecurity rises, so do the risks
The share of respondents actively using AI in cybersecurity strategy rose sharply in a global survey, but governance is not maturing at the same pace as deployment.Are finance leaders moving too fast on agentic AI?
While most senior finance leaders in a recent survey say they’re under career pressure to demonstrate a return on agentic AI investment, the ROI may be slowed by an emphasis on speed.CIMA calls for skills and tax reset by UK government
CIMA urges new Prime Minister Andy Burnham to give companies long-term certainty by reducing the cost of doing business.IASB opens consultation on proposed taxonomy update
The update sets out proposed changes to the IFRS Accounting Taxonomy to support digital financial reporting of information prepared in accordance with IFRS standards.Fragmented talent data comes at a high cost
Eighty per cent of business leaders estimate that fragmented talent data systems cost their companies at least 3% of total payroll.UK government unveils significant reforms to SME investment
An additional 12,000 small- and medium-size enterprises per year are expected to receive support accessing funds to help grow their businesses.UK regulator revises pension standard
The FRC updated Technical Actuarial Standard 310 to reflect recent government legislation to enable the operation of multiple-employer collective defined contribution pension schemes.Temporary hiring increases in the UK, report shows
Temporary hiring rose for the fourth consecutive month, and permanent hiring moved closer to stabilising, according to a monthly report on the UK job market.Employer-employee transparency gap widens retention risks
While most employers say they don’t plan to reduce headcount this year, almost half of employees plan to find a new job in the next six months, a global report shows.CIMA named professional organisation of the year
CIMA is honoured at the International Accounting Awards. Also, the global Association recently released the flagship report for the Rise2040 Initiative and announced a partnership with a university in India focused on talent development.The state of business travel: Clear value, unclear policy enforcement
Half of business travellers skirt or flout travel and expense policies, a new global survey shows. Companies can learn from the perception of business travellers to reconsider policy definitions and explanations.Global sustainability reporting standardisation improving, report finds
The UK’s largest 100 companies collectively are trending toward a less fragmented sustainability reporting landscape.Alfred Ramosedi elected as CIMA president
The 93rd CIMA president will also serve as co-chair of the Association of International Certified Professional Accountants.
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