News
Finance of tomorrow: Future roles in an AI era
July 20, 2023
Finance professional and data expert Michelle Govindsamy fills in the gaps on AI’s role and how the profession will change in the future.
How CFOs and Controllers Can Partner on Finance Automation
July 18, 2023
The rising interest in finance automation presents a compelling growth opportunity for controllers to establish themselves as de facto finance chief information officers.
Historic global standards for sustainability reporting released
July 10, 2023
In a milestone moment for the creation of a global common language for sustainability reporting, the International Sustainability Standards Board (ISSB) on Monday issued its first two standards. IFRS S1, General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2, Climate-related Disclosures have an effective date of Jan. 1 for some portions, pending adoption in more than 140 jurisdictions worldwide. IFRS S1 features a global baseline for reporting requirements on the disclosure of sustainability-related risks and opportunities. IFRS S2 features reporting requirements specific to climate-related disclosures, in concert with the reporting framework established by IFRS S1.
Inclusion advice: Start with allyship
June 28, 2023
A new report shows "disproportionate challenges” for LGBT+ employees, shares inclusion advice for organisations.
5 Trends to Know About Today's Multigenerational Workforce
June 22, 2023
Today's workforce is made up of four distinct generations. Understanding what motivates each of them can help companies more effectively recruit, manage and retain strong teams.
Only 25% of CFOs Are Prepping for AI Management and Ethics Regulations: Weekly Stat
June 21, 2023
Despite interest in AI by business leaders, CFOs have bigger concerns, according to new data from Deloitte.
How To Recruit Employees: Creative Employee Recruitment Strategies
June 13, 2023
A new or growing business may need to devise creative recruitment strategies to reach the most qualified individuals. In today's labor market, many small and medium-sized businesses face additional hiring challenges thanks to recent inflation and economic fluctuations, which have created uncertainty for both employers and job seekers.
The skills crunch: How did it get so bad?
June 13, 2023
From the great resignation to quiet quitting and the lost generation of talent, a perfect storm has capsized the profession’s attempts to solve the skills shortage. While there is hope, it’s not going to be easy.
3 Ways CFOs Can Drive a Cohesive Company Culture
June 08, 2023
Here’s how CFOs can use their unique skill set to play an active role in strengthening company culture.
AI won't take your job, But someone using AI might
June 07, 2023
ChatGPT is the latest in a very long line of artificial intelligence (AI) advancements to result in much scaremongering.
Tactics to manage and resolve workplace conflict
June 07, 2023
Framing conversations, using emotional intelligence, and bringing in a mediator if needed can help resolve business workplace conflict.
Accounting giants join AI investment rush
June 06, 2023
Thanks to the hoopla surrounding ChatGPT and other generative artificial intelligence (AI) tools, private and public investors are caught up in a funding frenzy recently characterised by the FT as “the latest Californian gold rush”.
Leadership on LinkedIn: Pathways and Pratfalls
June 02, 2023
With LinkedIn dominating the professional social media landscape, leaders who want to establish a brand must take heed of the pitfalls.
5 DE&I Strategies for Small Businesses
May 26, 2023
Here’s how small businesses can implement diversity, equity, and inclusion initiatives to strengthen their culture and continue to evolve.
4 ways CFOs can maximise the benefits of predictive analytics
May 24, 2023
Achieving maximum value from predictive analytics requires a robust strategy and a model with a human-centric design that is also appropriate to the business.
61% of Managers Say Exec Leaders Hold Them Back From Innovation: Weekly Stat
May 24, 2023
Many finance leaders have a hands-on approach to leadership, but most managers believe it impedes their ability to innovate.
Coalition Including CPAs Calls Attention to New Beneficial Ownership Information Reporting Requirements
May 22, 2023
The American Institute of CPAs (AICPA) joined a coalition of organizations who have come together to make taxpayers and practitioners aware of the new Beneficial Ownership Information (BOI) reporting requirement. BOI is an anti-money laundering initiative enacted through the Corporate Transparency Act (CTA) in 2021, which mandates that BOI information is reported to the Financial Crimes Enforcement Network (FinCEN).
How Connecticut changed during COVID, in 10 charts
May 21, 2023
On May 10, exactly three years and two months after Gov. Ned Lamont declared a public health emergency in response to the COVID-19 pandemic, he declared it over.
AICPA releases expanded plan for addressing CPA pipeline challenges
May 17, 2023
The AICPA released an expanded plan Thursday focused on boosting the profession's talent pipeline. The detailed plan features input from a significant set of stakeholders and calls for those stakeholders to work together to increase the number of accounting graduates and the number of graduates who obtain CPA licensure.
Why private companies need a plan for ESG reporting, assurance
May 17, 2023
A midnight rummage through your refrigerator won't result in the discovery of something manufactured by Southwire alongside your favorite brand of cheese, but that cheese might not smell so appetizing without Southwire.