This week’s roundup examines the recent developments in corporate reporting, including guidance for audit firms from the UK Financial Reporting Council.
Technology leaders say that scaling artificial intelligence is the top priority for data strategy, and many leaders plan to increase investment in this area to be AI-driven by 2025.
Less than one-third of audit team leaders surveyed have access to the talent they need to fuel AI and machine learning solutions. Leaders are trying a variety of approaches to bridge the gap.
Sustainability is a key consideration for 24% of travellers, but only 5% to 10% are willing to pay at least a moderate surcharge for it, a survey found.
After hitting a historic low at the end of 2022, the outlook for the U.S. economy rebounded somewhat in February 2023, but inflation remains a concern, according to the first-quarter Business and Industry Economic Outlook Survey released by AICPA & CIMA.
High interest rates and supply chain risks may lead to further uncertainty and economic headwinds over the next several years, a new report from S&P Global says.
The percentage of companies disclosing climate-related information is increasing each year, but many preparers continue to face challenges reporting governance information.