News
4 shifts redefining how finance creates sustainable value
Taking a longer-term view, managing intangible capitals and stakeholder relationships and establishing broader business model engagement will create new opportunities for finance.Is your company prepared for a data breach?
IBM’s latest Cost of a Data Breach Report found that system complexity and skills shortages are amplifying breach costs globally.IASB proposes amendments to subsidiaries standard
Also, the IASB issued climate-related reporting guidance.AI paradox: Outdated work models are hindering efficiency
Nearly half of employees using AI say they have no idea how to achieve the productivity gains their employers expect, which could lead to burnout, a new report said.What the UK Labour government’s agenda means for business
The dust is starting to settle after Labour’s historic win — here are policy changes that will affect business.Organisational challenges could stall digitisation, CFOs say
Challenges including insufficient resources could pause digital innovation for finance leaders, becoming a bigger barrier to transformation than technical issues.IASB proposes narrow-scope amendments to IAS 21
Also, the FRC published a report detailing key achievements and highlights from the past year.8 ways to create a professional LinkedIn narrative
By creating a standout yet professional profile and taking a strategic and careful approach to posting, accountants can build influence on social networks.FRC updates UK Stewardship Code
Changes to the application process are intended to ensure that the Code is helping to reduce reporting burdens.UK announces plans to modernise corporate governance regulation
Also, the UKEB seeks stakeholder views on IFRS 18; the IAASB publishes guidance on ISA for less complex entities.Gen AI is out of focus, as ambition outweighs internal expertise
Nine in ten senior tech decision-makers don’t understand how generative AI will affect their business, a new report found, sparking implementation and compliance concerns.How a conglomerate streamlined its ESG reporting
Sri Lanka-based Hayleys Plc is an expansive conglomerate that has centralised and streamlined ESG reporting to ensure data consistency and integrity.FCA simplifies UK listings regime, market rules for companies
The Financial Conduct Authority announced an overhaul of listing rules that is intended to better align the UK’s regime with international market standards.An introduction to Copilot: Uses, limits, and value
Generative AI tool Microsoft Copilot can be accessed through several applications — but central to its use must be data security policies and controls.Global Reporting Initiative publishes CSRD reporting guidance
Also, the IASB’s review of IFRS 9 determines the standard is working as intended, with further enhancements probable.Pay rates increase sharply, but recruitment continues to fall
Permanent staff salaries in the UK continued to rise, according to a monthly report by KPMG and the REC.How to deliver bad news — to an individual or team
To help preserve morale, first assess the type of bad news, talk to HR and other stakeholders, and rehearse your announcement and responses to likely questions.CSRD reporting confidence is high, but data quality is lacking
97% of companies say they are ready to report under the EU sustainability directive this year, but most are not using technology to improve data reporting processes.IFRS partnership looks to future-proof markets in sustainability
A collaboration of the IFRS Foundation and the International Finance Corporation aims to strengthen capital markets by promoting consistency in sustainability reporting.
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