The latest Global Risks Report from the World Economic Forum ranks extreme weather as the risk most likely to present a material crisis on a global scale over the next ten years.
Nearly 200 countries commit to moving away from fossil fuels. IFAC issues standards revision plans, and the UK and Switzerland approve an audit qualification agreement.
Pessimism about the US economy rises in the latest quarterly Business and Industry Economic Survey, fuelling a slowdown in hiring even as decision-makers remain cautiously optimistic about their own companies.
New research from AICPA & CIMA finds that private sector finance professionals are more likely to track their organisations’ productivity than those in the public sector.
Finance can stay prepared for a potentially bumpy 2024 by focusing on controllable factors, being agile, and carefully managing cash, capital, and expenses.
Carbon emissions need to fall 25% to 50% by 2030 rather than the 11% that existing pledges will amount to, according to IMF managing director Kristalina Georgieva.
Also, a letter from standards-setters to the ISSB addresses areas of concern in global sustainability standard reporting, and IPSASB updates conceptual framework to reflect IASB revisions.
