News
Sustainability reporting, assurance rates on the rise globally
Recent regulations pave the way to more consolidated reporting in the UK, but the percentage of assurance performed by accountants remains below average.CFO on business leadership: ‘Being competitive is no longer enough’
Executive leadership must foster a sense of social responsibility so that employees feel the company is doing something meaningful, says a Singapore CFO.UK anti-fraud measures take effect in March
The UK government aims to implement new measures to tackle economic crime and improve transparency.UK GDP drops for second consecutive quarter
AICPA & CIMA’s Andrew Harding says boosting worker productivity is key to lifting the UK out of its economic malaise.FRC revises actuarial standard to promote transparency
Also, new EU rules aim to help companies validate green marketing claims.Shareholder activism projected to surpass 2023 highs
Both Europe and APAC had record years for activism last year that went beyond their five-year averages, a report found.Generative AI — What’s the potential?
Its impact is expected to be greatest on knowledge work — especially tasks involving decision-making and collaboration.Starting salary growth falls further below historical average
Pay growth rates for new workers in the UK showed the lowest rise since March 2021, according to a report by KPMG and the REC.Market segmentation and pricing: The role of finance
Management accountants can support sales and marketing teams in negotiating with B2B customers and contribute to product or customer segmentation exercises.IAASB clarifies expectations in fraud-related procedures
Also, IESBA and the IAF partner to promote trust and consistency in sustainability reporting.UK M&A outlook: Challenges persist, but conditions stabilise
A stronger focus on strategy from dealmakers could help companies stay competitive as economic uncertainty continues to affect the M&A landscape.CIMA calls for productivity focus in UK budget
CIMA’s Spring Budget submission makes recommendations for addressing a “rut” that includes “stagnating living standards” and low economic growth.IESBA opens consultation on global sustainability standards
IPSASB issues exposure drafts on accounting for natural resources; FRC releases guidance for companies’ applying the revised Corporate Governance Code.Corruption levels show weakening justice systems across regions
The annual Corruption Perceptions Index shows that most regions are either stagnant or showing signs of decline in efforts to combat systemic corruption.GMAP 2.0: Revised guidance for a rapidly changing world
The second edition of AICPA & CIMA’s Global Management Accounting Principles offers updated guidance to enhance decision-making and create sustainable business value.Notable gaps between what Gen Z expects and what employers offer
Employers in a global survey see a significant gap between employee pay expectations and planned pay, fuelling flight risks for companies.Sustainability incentives: A bonus for company leaders
More than four in five companies in a global study offered ESG-related executive incentives in 2023, up from two in three companies just two years ago.UK December public sector borrowing falls to lowest level since 2019
Also, the Global Reporting Initiative announces a new biodiversity benchmark.DEI strategies from the UK Army’s management accounting unit
A unique specialism within the British Army, composed of a diverse group of soldiers, officers, and civilians, has achieved a robust and supportive culture.
Read the latest FM digital edition, exclusively for CIMA members and AICPA members who hold the CGMA designation.