News
FRC issues AI guidance; IAASB increases commitment to technology
Also, a review confirms the effectiveness of an IFRS standard addressing revenue recognition across global markets.4 actions to align sustainability goals with digital transformation
To better embed sustainability, reimagine the business model, identify software to invest in, measure impact, and move to systems thinking.What gen AI means for executive decision-making
Raising questions and supporting and expanding research capability are some ways generative AI is making its mark on strategic decisions.Is this sustainable? The intersection of compliance, company strategy
As many sustainability executives prepare for increased regulatory requirements, they also aim to gain a business advantage in the process, a global survey finds.The link between sustainability reporting and social performance
Companies committed to sustainability goals are more likely to score higher in certain social indicators, new research shows.7 ways management accountants can contribute to business strategy
Finance’s role includes championing the value of strategic planning to the business and providing data-driven insights on what course to pursue or avoid.CIMA and Hong Kong organisation agreement focuses on career growth
The new five-year agreement is intended to widen the opportunities open to CIMA members and HKICPA members.The case for climate-change adaptation
Even a 2.0-degree Celsius rise in temperature this century could affect production of nine key food crops, metals, and minerals.IFAC guide helps smaller firms monitor quality management systems
The final part of an International Federation of Accountants publication addresses the monitoring of QM systems and related remediation.Financial controllers brace for significant changes
A global report from EY found that 86% of financial controllers expect their jobs to change “significantly”, and more than one-fourth say their roles will demand completely different skills in the next five years.IFRS issues sustainability standard guidance
Also, the UK’s FRC announced a revised insurance sector standard.IAASB approves new global sustainability assurance standard
ISSA 5000 is set to replace ISAE 3000 (Revised) as the preferred framework for providing assurance of sustainability standards.Value creation: CFOs positioned to lead in digital transformation
To stay competitive, CFOs should consider six initiatives, including a strategic approach to risk management, to accelerate growth in an uncertain future.Data privacy and FP&A are top concerns for finance chiefs
Data privacy and FP&A top CFOs’ priorities for the coming year, according to a new survey report from Protiviti.Common management reporting mistakes to avoid
Failures in the timeliness, usefulness, and visualisation of data when preparing information for decision-makers can undermine organisational success.IASB proposes amendments to investments standard
Also, the Global Reporting Initiative expands sustainability training opportunities, and IFAC addresses the role of accountants in emerging economies.Rising risk: The global picture
Misinformation and disinformation emerge as a top short-term risk alongside extreme weather events, societal polarisation, and cyber insecurity, a survey found.Digital payments: Technologies, trends, and tips for finance
As digital payment technology continues to transform, finance leaders can focus on four areas to maximise its potential.Australia passes climate reporting act
Also, the FRC issues revised UK and Ireland accounting standards.
Read the latest FM digital edition, exclusively for CIMA members and AICPA members who hold the CGMA designation.