News
Pay and recruitment fall again as economic uncertainty lingers
Employers proceed with a hesitant approach to hiring as business confidence continues to fluctuate, according to a monthly report from KPMG and the REC.7 things to consider before (and during) a holiday from work
To make the most of a holiday from work, prepare a task list, communicate with stakeholders, and develop an action plan if things go wrong while you’re away.IESBA updates audit guidance for public interest entities
Also, the FRC reviews the quality of IFRS 17 reporting.Decline in US economic and organisational optimism among finance leaders
US finance decision-makers in a quarterly survey say they have concerns on several fronts, including continuing worries about a recession. Revenue and profit projections are lower.IASB opens consultation on proposed taxonomy update
Also, the IAASB issues guidance for the application of the International Standard on Auditing.The role of managing age diversity in the workplace
Organisations should consider addressing management practices and age-inclusion policies to retain talent across generations.How Excel builds on basic principles to assist forecasting
Understand how to calculate an implied growth rate, and then use the Forecast Sheet button in Excel for objective forecasting.Research uncovers ‘critical’ knowledge gaps in AI governance
MIT research reveals that companies on average are overlooking nearly two-thirds of the risk subdomains categorised in the newly released AI Risk Repository.How to engage positively and learn from criticism
Accepting fair criticism and giving criticism as a manager, and then developing an actionable plan for improvement, helps individuals and teams become more effective.IASB looks to update accounting taxonomy
IFAC’s PAIB highlights key areas where accountants can drive change.What CFOs need to know about gen AI risk
As businesses increasingly use generative AI, CFOs need to consider risks that include data security, financial, intellectual property, reputational, and more.EU act establishes framework for AI regulation
IPSASB proposes limited-scope updates to accrual-basis standard; FRC launches discussion paper on digital reporting.Gen AI could save companies money, improve customer relations
C-suite leaders in a global survey say generative AI has influenced their business models, improved customer relationships, and cut business costs.UK recruitment of permanent staff falls; pay rates rise slightly
Salary growth continues its upward trend but at a lower pace than in June, according to a monthly report from KPMG and the REC.6 steps to create a successful ERP implementation
To avoid costly mistakes, determine first whether an ERP system is required before moving to choose a business partner.FRC opens consultation on going concern guidance revisions
UKEB seeks stakeholder feedback on IFRS 18; IPSASB calls for academic contributions to accounting research.Imposter syndrome: CEOs more likely to feel overwhelmed at work
Many CEOs and senior executives feel unqualified in their roles, a new report found.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.
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