News
CIMA sets out budget recommendations for UK government
Also, IPSASB issued final amendments to lease standards, and the FRC published its 2025 taxonomy.Economic growth projections reflect ‘resilience’, IMF says
The latest numbers from the International Monetary Fund show stability and easing inflation. Geopolitical unrest could cause further disruption.EU enforces new cybersecurity rules to enhance cyber resilience
Also, multiple entities publish studies, guidance, or calls to action related to sustainability.Tactics for finance leaders to maximise the potential of AI
From a focus on data integrity and employee upskilling to championing new tools, finance leaders have a multi-dimensional role in AI adoption and use.CIMA unveils strategies for a more effective UK government
A new report from CIMA sets out seven recommendations to improve decision-making.Ethics quiz for finance professionals
Take this quiz to test your knowledge of the CIMA Code of Ethics to mark Global Ethics Day on 16 October.Mark Koziel to become CEO of the Association of International Certified Professional Accountants
Mark Koziel, CPA, CGMA, has been named as the next CEO for the Association of International Certified Professional Accountants. Koziel will begin the role in January 2025. He currently leads Allinial Global, an association of independent accounting and advisory firms with $6 billion in collective revenue.Rate of UK salary growth drops significantly; hiring continues to fall
Salary increases in the UK fall to 2021 levels, according to a monthly report from KPMG and the Recruitment and Employment Confederation.FRC issues AI guidance; IAASB increases commitment to technology
Also, a review confirms the effectiveness of an IFRS standard addressing revenue recognition across global markets.4 actions to align sustainability goals with digital transformation
To better embed sustainability, reimagine the business model, identify software to invest in, measure impact, and move to systems thinking.What gen AI means for executive decision-making
Raising questions and supporting and expanding research capability are some ways generative AI is making its mark on strategic decisions.Is this sustainable? The intersection of compliance, company strategy
As many sustainability executives prepare for increased regulatory requirements, they also aim to gain a business advantage in the process, a global survey finds.The link between sustainability reporting and social performance
Companies committed to sustainability goals are more likely to score higher in certain social indicators, new research shows.7 ways management accountants can contribute to business strategy
Finance’s role includes championing the value of strategic planning to the business and providing data-driven insights on what course to pursue or avoid.CIMA and Hong Kong organisation agreement focuses on career growth
The new five-year agreement is intended to widen the opportunities open to CIMA members and HKICPA members.The case for climate-change adaptation
Even a 2.0-degree Celsius rise in temperature this century could affect production of nine key food crops, metals, and minerals.IFAC guide helps smaller firms monitor quality management systems
The final part of an International Federation of Accountants publication addresses the monitoring of QM systems and related remediation.Financial controllers brace for significant changes
A global report from EY found that 86% of financial controllers expect their jobs to change “significantly”, and more than one-fourth say their roles will demand completely different skills in the next five years.IFRS issues sustainability standard guidance
Also, the UK’s FRC announced a revised insurance sector standard.
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