News
Business leaders up against unprecedented disruption
BDO’s Global Risk Landscape 2024 found that 84% of executives feel that the global risk landscape is more defined by crisis now than at any time in recent history.IPSASB moves to develop first climate-based disclosure standard
Also, the Global Reporting Initiative seeks feedback on revisions to labour standards.New CIMA president encourages learning to create a data-centric profession
Incoming CIMA President Simon Bittlestone’s passion for data analytics and artificial intelligence underscores his three areas of focus for the year ahead.Risk-averse CEOs could be left behind in tech-driven future
Leaders who will not sacrifice efficiency today for greater innovation tomorrow may lose their competitive edge, according to a new report.Finance’s data security strategy role
To develop a data risk strategy, start with assessing your organisation’s data types and the impact of risk events, and define acceptable risk levels.Increasing trust in sustainability data
The purpose of accounting and finance professionals depends on maintaining trust, and this commitment must now extend as much to sustainability data as it always has to financials.CIMA referral service highlights Datamaran’s ESG software
Also, IFAC responds to IESBA’s ethics standards for sustainability reporting.UK professionals hesitant to seek mental health leave
Poll of 2,000 UK professionals shows that 67% are uncomfortable seeking mental health leave, and 28% of those would not even consider asking.US leaders neutral about their businesses, pessimistic about economy
The percentage of respondents optimistic about the US economy dropped since the first quarter. Nearly 50% of finance decision-makers are optimistic about their own organisations, a new AICPA & CIMA survey shows.The view from the President: Multi-capital transformation
‘Our success will depend on how well we can collaborate as well as analyse.’AI is coming, but workforces feel unprepared
Employers want an AI-ready workforce, but many are not investing in the training needed to make that happen.IASB issues amendments to IFRS 9
Also, IFAC pays tribute to AICPA & CIMA leader Barry Melancon.Support for ISSB standards extends to Africa, China
Jurisdictions representing over half the global economy by GDP move towards aligning sustainability disclosure standards with those of the ISSB.Women CFO appointments highest since 2021
New data shows that many companies are promoting talent internally through CFO succession plans.IASB proposes taxonomy amendments to support IFRS 18
Also, the Global Reporting Initiative releases CSRD reporting guidance for companies.Effective delegation: How managers can empower their teams
Delegation requires preparation and communication of the big picture and desired outcome — coupled with the time and tools to achieve it.The convergence of labour market productivity and AI
A recent report from PwC found that data-driven sectors are seeing nearly five times faster productivity growth than sectors with lower AI exposure.CEO Melancon, ‘passionate advocate’ for the profession, to retire
AICPA & CIMA leader’s tenure includes the creation of the CGMA designation and creation of the Association of International Certified Professional Accountants.Many hats: How CFOs are implementing a cross-functional lens
The diversification of finance roles includes greater collaboration and increased responsibilities outside the traditional tasks of the function.
Read the latest FM digital edition, exclusively for CIMA members and AICPA members who hold the CGMA designation.