News
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.Younger workers chase growth, not leadership titles
An annual survey shows that Gen Z and millennial workers equate success with steady progress and prioritise wellbeing over promotions.SMEs confident on overseas growth, despite headwinds
A global report finds that most SME leaders are optimistic about international expansion opportunities now and in the future, but geopolitical concerns linger.With UK permanent hiring in decline, temporary work plugs gaps
Temporary hiring rises at the sharpest rate in over three years, but permanent staff appointments fall considerably.Organisational design, not skills, limits AI adoption
A new global report finds that organisational design might be limiting the potential of AI tools more than skills gaps.Optimism mixed among US finance leaders
Finance decision-makers in business and industry are less optimistic about the US economy now when compared with the first quarter of this year, but they are slightly more optimistic about their own organisations, according to an AICPA and CIMA survey.Manager disengagement stalls innovation, hits productivity
Gallup estimates a loss of $10 trillion in productivity in 2025, catalysed by decreased engagement amongst managers globally.IASB issues rate regulation standard
IFRS 20, a new accounting standard for companies subject to a specific type of rate regulation, aims to improve financial reporting and transparency for investors.AI hiring saves time, but fraud risks are growing
Over half of recruiters say AI has had a positive impact on hiring, but the majority have caught or suspected AI-enabled candidate fraud in the past year, according to a new report.FRC amends FRS 101, outlines best practices for digital reporting
The changes focus on improving clarity and better articulating certain aspects of the standard. In its review of structured digital reporting, the FRC outlined improvements to financial reporting.CIMA reaction to UK government plans on late payments, regulation
The King’s Speech unveiled plans to cut costs for SMEs, and a CIMA statement said important opportunities were missed on corporate reporting and skills.UK hiring falls again as geopolitical tension clouds economic outlook
Greater uncertainty due to the Middle East conflict contributed to a sharper reduction in permanent staff appointments, according to a monthly report.CIMA urges businesses to rethink business models amid polycrisis
A new CIMA report supports a shift from linear business models to navigate the complex risk environment.Productivity gains hinge on people as much as technology
A new CIMA report found that finance teams observe efficiency gains when AI is assigned to small-scale workflows, but human judgement remains critical for complex projects.Tax compliance pressures rise as finance leaders consider AI
A new global survey finds a strong interest in AI amongst finance leaders tackling global tax compliance, but most are wary about data security.IAASB proposes revisions to review engagements standard
The board opened a consultation on the proposed amendments, which include enhanced requirements for going concern disclosures.CFO role expands at a quicker pace as disruption reshapes finance
In a global survey, traditional responsibilities take a back seat to the rapid expansion of strategic priorities for finance leaders.
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