The FRC will conduct the investigation as quickly and thoroughly as possible. However, most stakeholders have raised concerns to whether the warnings of such a prominent player in in infrastructure development should have been under the magnifying glass of the FRC before it all collapsed. The FRC has now decided,...
Concur, an SAP company and provider of travel, expense and invoice management solutions, is working together with business partners to offer  clients a better experience in global business travel and manage tax and immigration compliance risks via the Concur App Centre.  The Concur Fusion Exchange event in London provided a...
Global Accountant came together with the Chartered Institute of Management Accountants (CIMA), part of the community of the world’s largest body of accountants, the Association of International Certified Professional Accountants, to discuss what the future holds for the profession, education and the shift in industry dynamics. Automation and Data...
Research results released by BlackLine, provider of finance controls and automation software, revealed although still an emerging technology, AI is already playing a significant role in the finance function, with nearly a third of finance departments (32%) using AI software. The prominence of AI in finance is only predicted...
84% of UK office workers have never had their expense claims challenged or declined. New global research carried out by Webexpenses has put expenses under the microscope and uncovered a staggering insight into the sophistication of methods that employees worldwide are using to submit fraudulent claims. In many instances businesses...
Concur, the world leader in employee spend management, has today released a major report examining the UK’s late payment culture, which is putting job creation at risk. The report, entitled Invoice Utopia, includes detailed YouGov polling of 1,233 British businesses and sheds new light on the consequences of poor...
If you feel your department is understaffed, you’re not alone. According to the Robert Half report Benchmarking the Accounting & Finance Function 2017, 39% of U.S. business leaders interviewed feel their departments don’t have a full complement of employees. The largest companies — those worth $5 billion or more...
Whilst corporate reporting by large listed companies is generally good, detailed explanations and clarity could still be better, according to the FRC Annual Review of Corporate Reporting. The quality of narrative reporting has improved following the introduction of the strategic report in 2013. There have been further improvements in the...
ACCA has welcomed the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) as an important step towards the better allocation of capital, by incorporating the effect of climate change in investment decisions. Yen-pei Chen, subject manager – corporate reporting at ACCA said: The four thematic areas of the TCFD’s...
As businesses around the globe respond to calls to demonstrate their contribution to inclusive long-term value creation for all of society, the Coalition for Inclusive Capitalism and EY have announced that they are bringing together CEOs from over 20 global companies, representing more than US$20 trillion of assets under...