News
EU opens consultations on AI governance
Also, the IAASB revises auditing standard on going concern, and the IFRS Foundation looks to bring nature-related information into financial reporting.Finance chiefs look to digitalisation to cut costs
94% of finance leaders say AI has already helped improve decision-making, and 74% report positive effects on cost and risk reduction, according to a new survey.Pave the way: Neurodivergent leaders can make a ‘huge difference’
A finance professional and a social impact entrepreneur discuss how being neurodivergent has affected them at work and explore ways organisations can be more inclusive.EU reporting under CSRD requirements delayed
Also, the IFRS Foundation published its 2025 taxonomy, and the IAASB released audit guidance for less complex entities.Upskilling doesn’t always lead to internal progression
Poor communication from leadership could also affect trust this year, according to a new survey of more than 200,000 workers.IFRS launches tool to help companies implement ISSB standards
Also, new research from the Global Reporting Initiative focuses on transparency in lobbying practices.Cyberattack hack: The case for targeting prevention over detection
With the average cost of recovery from a cyberattack at more than a half-million dollars, companies could benefit from investing more on the front end.Regulatory revisions follow amendments to company size thresholds
The FRC issued updates to standards and the financial reporting framework to help stakeholders meet reporting requirements.IFAC finalises revisions to education standards
The UK government pushes finance system reforms; the FRC publishes its first series of resources to help SMEs navigate the audit process.Risk and opportunity: CSRD’s impact on company responses to climate
Not surprisingly, the Corporate Sustainability Reporting Directive is driving how companies view climate risk. It’s also driving companies to a better understanding of related business opportunities.CGMA Beyond Scholarship Programme expands finance education access in China
Through collaboration between AICPA & CIMA, business, and universities, the CGMA Beyond Scholarship Programme is making finance education in China more inclusive.Do I need a mentor — and where do I start?
Regardless of your career level, mentors can advise on skills and development, provide help in building networks, and are useful when making big career changes.Starting salary growth in the UK sinks to a 4-year low
Starting salaries rise at slowest pace in four years in the UK as companies prepare for tax rises in April, according to a monthly report from KPMG and the REC.FRC begins first phase of audit support campaign for SMEs
Also, the FRC launched a tool to improve free access to structured digital reporting data.Business challenges leading to burnout for many leaders
56% of leaders report burnout because of a number of internal and external factors, a new survey reveals.US, global economic sentiment declines
Finance executives in business and industry in the US have lowered expectations for the economy and, to a lesser extent, their own organisations, according to a quarterly AICPA & CIMA survey.CEOs look to compete in new sectors, expand revenue streams
Globally, leaders believe reinventing their business models is crucial for long-term viability, a new survey report from PwC finds.Mindset, accountability, change: How to empower the finance team
A “mini-CFO” mindset for finance team members can help transform the function, with leaders clarifying goals and encouraging insights for forward-looking decision-making.EU proposes significant changes to CSRD reporting requirements
The proposals include the removal of around 80% of companies from the scope of CSRD — described as a “backward step” by the Global Reporting Initiative.
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