Lobbying on EU sustainability reporting rules; US pension fund supports disclosure; managed shared audit; UK shareholder activism grows.

Finance teams have a vital role to play in building sustainable businesses, and CFOs can help them step up to the challenge.

Today’s King’s Speech included a declaration that the UK would get a draft audit reform and corporate governance bill.

Adopting proposals ditched by the previous government would foster growth and a transparent, trustworthy business ecosystem.

Accountancy body ACCA seeks ‘timetables for addressing key issues such as economic, fiscal and corporate governance reforms’.

A focus on trust and transparency is the key to gaining the benefits of artificial intelligence—and steering clear of its pitfalls.

Reporting on internal controls is a key feature of the scaled-down 2024 update, as is the principle of ‘comply or explain’.

Further delay ‘will not achieve the aim of restoring trust in audit and corporate governance’, says Deloitte managing partner.

Artificial intelligence must be ‘governable’ and ‘used for good’, says a declaration from 28 countries represented at the AI Safety Summit. 

Ongoing economic uncertainty has seen some companies struggle to provide useful financial data, the FRC finds.