News
South African CFO champions collaboration
Pretty Makukule shares her insights as a public sector finance leader who holds responsibility for some of South Africa’s most important assets — its wildlife resources.AICPA & CIMA mentoring programme expands to Africa, Europe, Canada
The initiative broadens opportunities first made available two years ago. The programme will allow mentees to be paired with a mentor located anywhere in the UK, Europe, Africa, and Canada.UK regulator revises Corporate Governance Code
The FRC has prioritised revisions to internal controls to better support boards, according to a news release.Business more trusted with innovation; confidence in government is low
The annual Edelman Trust Barometer shows that global society is torn by AI innovation and lacks trust in government and media.UK government launches strategy to boost supply chain resilience
Also, the UK’s FRC updated its ethical standard for audits, and the UK and Japan announced a new cybersecurity partnership.How human intervention can improve predictive analytics’ performance
A recent study identifies when manager discretion can supplement predictive analytics to improve forecasting.Cybersecurity poses present and future challenges, report finds
A rise in the use of technology carries with it more “opportunities for cyber vulnerabilities to be exposed”, according to a global report.Severe climate risks persist in World Economic Forum annual report
The latest Global Risks Report from the World Economic Forum ranks extreme weather as the risk most likely to present a material crisis on a global scale over the next ten years.IAASB opens consultation on narrow-scope amendments
The amendments address public-interest audits. Also, IFAC releases a sustainability review.Future of the profession: ‘Business partnering is the gateway to adding value’
Management accountants now have an expanded role as business partners — a shift accelerated by digitalisation.Building cyber-resilience
The digital age has opened up opportunities for accounting and finance professionals, but it also exposes organisations to risks, including the danger of cybersecurity breaches.Changing roles: CFOs in Asia-Pacific grapple with ESG
CFOs in a Deloitte report say their jobs are changing as their role in climate action becomes more prominent.BI tools: Power Query, Power Pivot, and Power BI
Excel MVP Liam Bastick introduces three business intelligence tools and provides an applied example using Power Query.IESBA approves exposure draft, shares 3-year work plan
Also, Charles Tilley, the former chief executive of CIMA, is honoured by IFAC.Minimum effective tax rate comes into force in EU member states
The 15% rate applies to multinational companies active in EU member states; the European Commission says Pillar Two rules limit a ‘race to the bottom’ in tax rates.Employees ‘unsure’ of company ethics guidelines for AI
Emerging technologies continue to divide opinion, says a global report, with employees simultaneously seeing potential for social good and ethics missteps.IOSCO finalises recommendations for decentralised finance
Also, the UK FRC shares its latest findings on audit inspections.ISSB provides resources to help apply sustainability standards
The resources, which include enhancements to SASB standards, are designed to help companies apply global standards IFRS S1 and IFRS S2 that go into effect in 2024.Tips for leading with integrity from an engineer turned finance director
A finance director offers advice for aspiring leaders on the fundamentals of being resilient, determining strengths, and how to champion your team.
Read the latest FM digital edition, exclusively for CIMA members and AICPA members who hold the CGMA designation.