IFRS Update – September 2024
Back in September 2024, we partnered with BDO to provide a webinar: What is Happening with International Financial Reporting Standards. Here are some highlights.
Economics
Internal Audit Vision
Shane Rogers, CAW Network USA President and Chartered Accountant, discusses the importance of setting an innovative vision.
Modernize Your Financial Consolidation Solution Insight Article
CAW Network USA presents a panel discussing the benefits of replacing a legacy solution with a modern financial consolidation solution.
Beyond Accounting – IFRS Update
In conjunction with CAW Network USA, BDO USA’s IFRS experts provide updates on recent developments in relation to International Financial Reporting Standards (IFRS), continuing our tradition of providing an easy way for financial management, board directors, and audit committees to stay on top of today’s hot topics.
Highlights: Benchmark Drives Behavior – March 2023
In March 2023, Guido van Drunen, former KPMG Partner and now an independent consultant, leads participants through the need for
Highlights: Cryptocurrency for Accountants 2022 Update
In September 2022, a year after our 3 Cryptocurrency webinars in September 2021, Yuri Cataldo—award-winning entrepreneur, best-selling author, and emerging
Highlights: What is Happening with International Financial Reporting Standards – March 2023
In March 2023, CAW Network USA partnered with BDO USA’s IFRS experts to provide updates on recent developments in relation
Zombie SPACs and Blood Baths – Why you should care?
Back in June 2022, CAW Network USA and panelists discuss SPAC market challenges and SEC regulatory activity related to SPACs.
Auditing the Future – June 2022
Shane Rogers, Chartered Accountant and Head of Audit with Swiss Re for the Americas leads a presentation on auditing the future and where does internal audit ‘go from here’.
Regulators of Financial Institutions Must Be More Responsive to Risk and Agile
Check out some clips of the newest updates from BDO on the current International Financial Reporting Standards.
Benchmark Drives Behavior…. mitigating the risk (part 3)
This is the third article in the series related to benchmarks and their impacts on the behavior of those subjected to those benchmarks. In the first article we addressed how benchmarks could incentivize individuals to do things that might not be in the best overall interests of an organization. In the second article we discussed specific examples of where benchmarks had created aberrant outcomes and linked these to how the benchmarks were derived, implemented, and monitored. In this article I have changed tack and as opposed to pointing out the risks and concerns and discussing where things went off the rails, I have provided some tips on how to minimize the risk of problematic outcomes of benchmarks that are in place or are created and implemented by an organization.
I touched on how certain benchmarks can lead to problematic outcomes across a myriad of spheres such as safety, financial reporting, retaining employees, etc. In that article, I said that the follow-on article would provide some additional and more detailed examples of where things went wrong along with some analysis.
Progressive Audit Practices
Internal Audit teams are going through some major transformations as they look to move away from a traditional approach comprising sample-based testing and an Annual Plan, to a more progressive and digital approach that is more responsive to risk.
Highlights – CAW Network USA: West Chapters – Not for Profit Fireside chat
Check out some clips of our latest fireside chat highlighting the non-profit sector.
Highlights – What’s Happening with International Financial Reporting Standards? March 2022 update from BDO
Check out some clips of the newest updates from BDO on the current International Financial Reporting Standards.
Finance for the Future
The Finance for the Future awards were created to recognise financial leadership in building sustainable economies. The awards also highlight the role of the finance function in innovation and integrated thinking.
The Finance+ insight series
ICAS has something new for 2022. The Finance+ insight series helps put you in the bigger picture, exploring the key issues and opportunities for today’s finance professional.
Recent events have revealed the need for resilience and the readiness to grasp new ways of thinking, living and working. They have also shown that with change comes opportunity and demonstrated the role ICAS Members can play in shaping a better future for us all.
How to approach social mobility on a global level
Managing social mobility in a global organisation requires coherent guidance that applies across multiple offices, geographies and societies.
The shockwaves sent through the economy, labour market and children’s education by the pandemic must be addressed in order to repair social mobility, according to the Resolution Foundation.
Social mobility: do we need a class pay gap?
Class pay gaps within your business are an important indicator of social inequality. Reporting them is essential if you’re serious about ensuring socioeconomic diversity at all levels
AML: how money launderers use virtual assets
In the seventh instalment of Anti-Money Laundering: The Basics, IFAC and ICAEW look at the risks associated with virtual assets.
Cryptocurrencies and other virtual assets offer a lot of opportunities for legitimate businesses, but it’s also potentially useful for money launderers.
Diversify markets and innovate systems to thrive in 2022
Business confidence in the first quarter of 2022 has returned to pre-pandemic levels, suggesting that companies are looking to the future after an unprecedented two years, ICAEW says.
ICAEW’s Business Confidence Monitor (BCM), which surveys 1,000 chartered accountants across the UK, found confidence at 27.6 (out of 100) in the first quarterly index of 2022. Although this is significantly below the highest-ever reading of 47 two quarters ago, the peak was explained as a blip following the introduction of the vaccine.
What to expect from 2022 – Part 2
In Part 2, ICAEW Chief Executive and Chair of Chartered Accountants Worldwide, Michael Izza, discusses non-financial reporting, public sector finances, and the big tech trends of 2022.
What to expect from 2022 – Part 1
In the first of a two part series, ICAEW Chief Executive and Chair of Chartered Accountants Worldwide, Michael Izza, looks at the biggest issues facing business and the wider economy, with help from experts from around the Institute.
Takeaways from the ICAS webinar on The Production and Consumption of Information on Intangibles
Marie Gardner highlights key points from the recent ICAS intangibles webinar.
Participants from across Europe attended an ICAS webinar on intangibles, held in partnership with the University of Ferrara, the European Financial Reporting Advisory Group (EFRAG) and the European Federation of Financial Analysts Societies (EFFAS).
Benchmark Drives Behavior, the saga continues…
In my previous article, I covered some of the challenges I encountered during my career that caused me to question issues surrounding benchmarks and the process of creating benchmarks.
I touched on how certain benchmarks can lead to problematic outcomes across a myriad of spheres such as safety, financial reporting, retaining employees, etc. In that article, I said that the follow-on article would provide some additional and more detailed examples of where things went wrong along with some analysis.