Finance and management accounting news - FM | Financial Management magazine

Video: Can a 182-year-old store survive the pandemic?

Small business owners like New York City's 182-year-old Bigelow Apothecary are struggling to cope with the economic challenges caused by the pandemic.

Association, GAA support IFRS Foundation’s sustainability reporting standards board proposal

The Association of International Certified Professional Accountants and the Global Accounting Alliance sent letters supporting the IFRS Foundation’s proposal to create a new sustainability reporting standards board.

Banking CFO: Collaboration enabled teams to meet system challenges

Syed Ahmad Taufik Albar, group CFO at RHB Bank, shares how the bank with a history of more than 100 years leveraged its agile way of working and collaborated across teams to manage the financial upheavals the pandemic caused.

Pandemic increased the urgency to prepare business for growth

The finance leader of a US-based software company talks about the limitations the pandemic imposed on the company’s global sales force at a time when demand for data analytics software is rising.

Consumer goods finance leader: Safety first during pandemic

By emphasising psychological safety, Mikateko Tshetshe, FCMA, CGMA, is nurturing true ‘diversity of thought’ within the finance function.

US finance leaders wary as pandemic impacts continue

Optimism is higher than in the third quarter, but plenty of obstacles remain, according to the AICPA’s quarterly economic outlook.

Indonesian auto parts maker goes back to basics for 2021 recovery

Lioe Cu Ling, who heads up finance at Indonesia’s leading automotive parts manufacturer and distributor, shares how unity between teams helped the company manage its initial crisis period and her plans to recoup losses in 2021.

Initiating culture change in the public sector

Maldivian Auditor General Hassan Ziyath, ACMA, CGMA, speaks on a new dynamism in his office and how he empowers his team to rebuild trust in the country’s public institutions.

FRC consolidates COVID-19 guidance for UK boards

The Financial Reporting Council issued COVID-19 guidance on governance and reporting that supersedes its previous guidance for companies.

Consumer goods CFO: Focused on growth and capturing Indian market

Srinivas Phatak, finance chief at Hindustan Unilever Limited, shares his insights for managing present challenges posed by the pandemic and his focus on growth in 2021.

Energy services finance leader: We had to manage cash in a crisis

Japheth Jev, ACMA, CGMA, is the CFO at Triumph Power and Gas Systems Limited in Lagos, Nigeria, shares the strategies and tools he used to lead his finance team through the worst of the COVID-19 crisis.

3 strategies to come out ahead of the pandemic

Consider these insights and strategies to emerge from the pandemic more resilient and competitive.

Video: Nestlé invests big to cut carbon emissions

Nestlé said it plans to invest CHF 3.2 billion ($3.58 billion) over the next five years, giving details about its path to net zero emissions by 2050.

Ethics in action: I need this money now!

The modern workplace can be an ethical minefield. This monthly column helps you tackle the thorny, but very real, challenges that management accountants face in the workplace.

UK’s FRC sets out governance reporting recommendations

The Financial Reporting Council addressed reporting on culture, purpose, succession planning, diversity, board evaluation, and more.

4 positives and 4 negatives: What to expect from 2021

Uncertainty and challenges in the months ahead will provide finance with opportunities to show value and gain new experience, members of the UK advisory panel predict.

New report helps guide businesses to digital transformation

Through case studies showing how accountants and finance professionals are helping organisations adapt their businesses in the COVID-19 era, a new report highlights what to think about and how to implement change on the journey to digital transformation.