Tag: ACCA
Accountancy professionals can help boards to rethink risk
Accountants can encourage boards to foster a sustainable mindset by keeping long-term values and all stakeholders’ needs in mind.
Fraud vigilance should be bolstered with the aid of technology
It’s time for accountants to place less emphasis on “gut feeling” and let digital tools guide judgments in the fight against fraud.
Firms forge ahead with AI adoption despite a lack of skills on boards
Survey reveals more than two-thirds of companies plan to implement AI technologies in the next 12 months.
More than money: the evolving role of the chief financial officer
The Covid-19 pandemic has placed the CFO role at the heart of business, with an increasingly important role in strategy execution.
‘Going concern’ regulation puts firms and auditors under the microscope
New standard ISA UK 570 requires auditors to challenge management’s assessment of going concern more robustly—and firms to be as transparent as possible amid current uncertainty.
Auditing global progress on the UN Sustainable Development Goals
Better assessment is needed to deliver the “decade of action” on the UN SDGs ahead of us. Supreme Audit Institutions aim to meet this global challenge.
Brydon review: ‘true and fair’ must go while fraud becomes auditor responsibility
Other proposals include audit committee chairs being grilled at AGMs and a new statement of purpose to cement auditors’ public interest role.
Audit and technology: not a panacea, but a catalyst for improvement
New technology offers the possibility of improving the quality of audit and adding value—but the human relationship between organisation and auditor must not be lost.
Risk management ‘is about opportunities, not just threats’
Successful risk management relies on relationship building and informal communication, not just formal tools, according to a new report.
How boards can use technology to retain a competitive edge
Knowledge and skills in the boardroom must evolve with the risks and opportunities presented by technology—as well as its associated data—if companies are to remain competitive.