News
How to manage for the first time
There are few more daunting times at work than when you have to manage for the first time — so how do you make the leap?IASB opens consultation on standard for SMEs
Here’s a roundup of recent developments in the financial reporting world, including new guidance from IFAC to support accounting in the public sector.FRC revises accounting standards for UK, Ireland
The amendments are intended to improve financial reporting. The most significant changes apply to leases and revenue recognition.4 ways to build businesses’ long-term sustainability
As sustainability stewards, finance professionals can lead the shift to a “systems value perspective”, which first requires assessing a business’s ESG maturity.Ethics in action: Misleading reporting and the ‘familiarity threat’
A friendship with a work colleague may pose a threat for CIMA members in complying with the CIMA Code of Ethics — an issue explored in this scenario.AICPA & CIMA find areas for improvement in workforce upskilling
A new report from AICPA & CIMA reveals misalignments between UK government policy and productivity goals.IESBA publishes guidance in relation to PIE audits
FRC announces roundtable discussion dates for Stewardship Code review; FCA relays priority areas in the final year of its three-year strategy.How finance leaders can motivate their teams (and themselves)
Experts suggest five tactics that can keep finance team members motivated, engaged, and performing well in their role.CFO roles broaden as the path to CEO narrows
Despite the pressures of an evolving finance landscape, leaders are enthusiastic, but say that talent attraction struggles, and career development limitations make it harder to manage the complexity of their roles.Prime minister sets out reforms to support SMEs
The package of reforms focuses on boosting investment and removing costly, regulatory burdens for small businesses in the UK.IASB’s IFRS 3 proposals aim to reduce complexity for companies, investors
An IASB board member explains proposed changes to IFRS 3, Business Combinations, how the board plans to reduce complexity in the standard’s impairment test, and next steps for finalising the standard.5 steps to transition to a subscription-based business model
At the interface between strategy, operations, and IT, finance is well placed to lead the adoption of subscription pricing models.Hiring slows in the UK, starting salaries rate falls to near 3-year low
Pay increase rates for new workers and demand for staff show continued declines, according to a monthly report by KPMG and the REC.Return-to-office mandates: Considerations for employers
If employers want staff to return to the office, they need to consider what they’re willing to offer in return.US regulator adopts climate rule with worldwide impact
The Securities and Exchange Commission rule applies to listed companies and foreign private issuers. Also, the FRC issued Corporate Governance Code guidance.How finance can start to use AI automation
Finance executives suggest how best to use AI to automate basic processes and more sophisticated tasks.Economic optimism, hiring plans rise despite continued concern about inflation
Compared with the end of 2023, own-company sentiment is higher among finance decision-makers in a quarterly survey released Thursday.New spring budget focuses on public services
The UK government budget announcement includes more investments and an increase in the VAT registration threshold.How to create an effective hybrid workplace
Hybrid offices, with their need for honed communication skills, are a part of the workplace evolution, the latest research by AICPA & CIMA explains.
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