News
Consultation begins on UK audit, corporate governance proposals
Proposals include creation of a new regulatory body and new reporting obligations for auditors and directors.A look at the world’s top financial centres
The Global Financial Centres Index rated New York first and Shanghai just below second-placed London, with five other Asian centres in the top ten.US airlines see recovery signs; United expects to end cash burn in March
Delta CEO Ed Bastian said there were ‘real glimmers of hope’ as US airlines predict better-than-expected revenue figures.How to cultivate resilience in an organisation
If you think the serious challenges to your business will end after the pandemic, think again. To weather disruptions that are expected to recur in the next decade, here are five tactics to cultivate resilience in your organisation.The link between transfer pricing and customs duties
For businesses with intercompany transactions in tangible goods, the relationship between transfer pricing and customs valuation is crucial.EU to require asset managers to back up sustainability claims
The EU’s new Sustainable Finance Disclosure Regulation is to require providers to disclose the sustainability of their financial services or products.International sustainability reporting standards board comes into focus
By the fall, the IFRS Foundation trustees plan to issue a proposal for a board that would set international global sustainability reporting standards. The trustees’ plans for that board are becoming clearer.Cyberattacks stemming from software on the rise
CFOs need to understand how software supply chains can expose a company and customers to attacks.Britain starts countdown on LIBOR’s ‘final chapter’
The Bank of England has warned firms to complete the switch away from the LIBOR, or London Interbank Offered Rate used in contracts, by the end of 2021.Economic confidence recovers to near pre-pandemic levels for finance leaders
Sentiment has risen for three consecutive quarters in a quarterly survey of CPA executives in business and industry. Revenue and profit are projected to increase in the next year.Chancellor extends furlough scheme, increases corporation tax in UK Budget
The UK’s chancellor of the exchequer set out measures that included extending the government’s furlough scheme until the end of September, changes to corporation tax, and more.UK Supreme Court’s Uber decision: Implications for gig economy companies
The legal ruling hits the technology company’s business model, and similar companies are advised to consider the judgment.Around the world, COVID-19 prompts new look at company taxes
Countries’ efforts to lower corporate taxation have seen the average headline rate fall nine percentage points since 2000.How CFOs are fine-tuning their approach to remote work
Finance leaders at Siemens, an online education company, and a travel agency are using live data to prioritise workflows and boost team performance.An accountant’s barrier-breaking rise to CEO
An accidental accountant tells the lessons she learned working her way to the C-suite of a Sri Lankan conglomerate.Best hedge against uncertainty is people, management guru says
By installing the right people in the right jobs, high-calibre leaders with a solid focus on their company’s underlying strengths can drive their businesses through any crisis.FRC issues advice to improve companies’ ‘comply or explain’ reporting
The UK’s Financial Reporting Council issued advice for companies on how to report transparently and effectively when departing from parts of the UK Corporate Governance Code.Finance leaders share their plans to leave the pandemic behind
Finance leaders from different industries and geographies share lessons learned during the pandemic and aspirations for 2021 and beyond.Automation to drive big shifts in corporate reporting
A smarter and more automated operating model for corporate reporting is on the horizon, according to results of a new EY survey.
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