News
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.Innovation drives investor confidence in Asia
Optimism for foreign direct investment in emerging markets modestly improved year over year. Asia stands supreme on the list of top-ranked markets for investment for the first time in over a decade.IPSASB looks to augment financial statement presentation
The board seeks input on plans to develop a new standard in lieu of IPSAS 1 to enhance how financial information is presented in the public sector.Future‑ready finance leader: From preparation to performance
Digital fluency is one vital skill for finance leaders to master as they lead through uncertainty, a global report said.IPSASB proposes narrow-scope amendments to reflect updated guidance
The board proposed minor amendments to definitions and classifications in IPSAS standards to reflect relevant updates in the private sector.A China milestone and CGMA designation awards in Sri Lanka, Zimbabwe
CIMA, alongside business and academic leaders in China, celebrates ten years of advancing the profession and moves to prepare for the future of finance.UK job market shows signs of stabilising, report says
UK hiring declined slightly in March as employers remain cautious, according to a monthly survey of recruitment consultancies by KPMG UK and the Recruitment and Employment Confederation.Gender parity plateaus, but some organisations remain steadfast on diversity
Some leaders in a Grant Thornton report tie executive diversity to increased innovation, better decision-making, and improved financial performance.
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