News
People-centric leadership can improve resilience, report finds
Employer and employee priorities continue to clash, a new EY report finds. Leaders “should not underestimate the importance of trust and empathy”.UK inflation to be highest among big economies in 2023, says OECD
The Paris-based organisation projects UK headline inflation to average 7.2% over 2023 and slowing to 2.9% in 2024.AICPA & CIMA respond to corporate governance code consultation
The FRC seeks to update the UK Corporate Governance Code to ensure it aligns with changes to legal and regulatory requirements set out by the UK government.IASB proposes narrow-scope amendments to IFRS accounting standards
The exposure draft is open for comment until 11 December; IOSCO introduces policy recommendations for decentralised finance.Excel: How to calculate cumulative balances
Excel MVP Liam Bastick describes a method for calculating cumulative balances or multiple running totals.5 ways to incorporate sustainability practices in the workplace
Businesses can focus on sustainability by adopting a company framework, training employees, and carefully selecting sustainability metrics.Why is the US suing Google for antitrust violations?
The US is seeking an injunction barring Google from continuing the alleged anticompetitive practices, rather than a monetary penalty.UK and India announce partnership to promote sustainable growth
As part of the UK-India Economic and Financial Dialogue, India will explore having its companies listing on the London Stock Exchange.UK businesses plan lowest price rises since Feb 2022
Businesses expect to raise prices by 4.9% and see wage increases of 5% over the coming year, a Bank of England CFO survey found.AICPA & CIMA invite research proposals in Central and Eastern Europe
The recent creation of a research centre in Central and Eastern Europe is designed to support innovative management accounting research and best practice.Employees to leaders: Be transparent about AI use
Executives and employees believe artificial intelligence is good for business, but employees say some companies are not clear about how they intend to use AI.Finance best practice in moving to an employee ownership trust
Management accountants have a role before and after the transition to an employee ownership trust, including on valuation and timing, regulation, and communication.IAASB opens consultation on sustainability standard
The standards board seeks stakeholders’ views on ISSA 5000 and schedules webinars about the standard for practitioners and regulators.Inflation no longer top challenge for finance executives, survey shows
US business and industry leaders still have concerns, but optimism is on the rise, according to the quarterly Business and Industry Economic Outlook Survey.AI optimism is high among finance professionals
Two-thirds of finance professionals said AI will have a significant impact on their profession in the next five years, according to a recent survey by Thomson Reuters.Ways to deal with impostor syndrome
To defeat negative thoughts that you don’t deserve your job, look at your track record, share your feelings, and tap into some impostor syndrome benefits.UK sustainability disclosure standards expected next year
UK-endorsed sustainability disclosure standards, expected in summer 2024, will be based on those from the IFRS.ESG opportunity for China’s business leaders
Two China-based business leaders discuss how a commitment to carbon net zero is allowing finance to lead their companies towards business opportunities.Reports highlight the impact of employees’ financial concerns
Employers and employees benefit from a culture where conversations about money are “normalised”.
Read the latest FM digital edition, exclusively for CIMA members and AICPA members who hold the CGMA designation.