News
Future C-suite leaders banking on continued hybrid work model
August 09, 2023
While the large majority of future C-suite executives at financial services institutions don't view a fully remote work model as ideal for their roles, most are opposed to a return to fully in-office work – something that C-suite leaders of today would be wise to keep in mind.
Investing in generative AI is a balance between risk and reward
August 09, 2023
A recent global survey from McKinsey found that leaders are looking to increase AI-related investments, but less than half have planned for the organisational risks involved.
72% of Employees Say Productivity is Dependent On Good Data
August 07, 2023
Employees use data more than brainstorming or gut instinct when making decisions, according to a Slingshot survey.
AICPA and NASBA to Launch Learning Program Designed to Ease Path to CPA Licensure
August 07, 2023
The American Institute of CPAs (AICPA) and National Association of State Boards of Accountancy (NASBA) will launch an innovative post-graduate program this fall in collaboration with the Tulane School of Professional Advancement (SoPA). The program blends rigorous online learning with on-the-job professional experience for college accounting graduates, offering a less costly and more flexible way to complete the 150-hour course credit requirement to become a licensed CPA.
How to tackle the accounting recruitment crisis
August 07, 2023
So, what can accountants do to attract the best talent and convince more job hunters to apply for roles with them? In this article, we give you our take.
Leaders split on whether AI will reduce headcount
August 03, 2023
Business decision makers believe generative AI models, such as the infamous talking bot ChatGPT, will either reduce the overall headcount at their organizations or increase it, depending on who is asked.
CT DOL Warns of Uptick In Unemployment Fraud Due to Identity Theft
July 24, 2023
Connecticut Department of Labor (CTDOL) Commissioner Danté Bartolomeo is warning Connecticut employers and residents of an uptick in unemployment benefits fraud due to identity theft. Connecticut is among states being targeted by criminals who are flooding the unemployment system using stolen identities to file for benefits. During the pandemic, stolen identities were available on the dark web for about one dollar. Criminals are still mining this resource to purchase names, Social Security Numbers, birth dates, and other personal information that they use to apply for credit cards, bank loans, and unemployment benefits. Connecticut’s unemployment system is currently receiving several thousand claims per day; CTDOL suspects around 75% are fraudulent and is withholding payment.
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.