The impact of digital technologies is an important topic for professional accountants working in businesses around the world. Technology provides finance functions with many opportunities to do things better, but it also changes the business context in which finance operates.
If you think artificial intelligence or AI belongs in futuristic movies and science fiction novels, you might want to think again. You would be surprised to know that AI is involved in helping you complete a myriad of tasks, such as filing your income tax on the Inland Revenue Authority of Singapore (IRAS) portal.
White-collar crimes are increasingly sophisticated and transnational. The nature and scale of recent cases have been mind-boggling. In April 2018, forensic accountants from RSM Corporate Advisory highlighted issues involving possible roundtripping transactions, fabrication and alteration of transaction documents, as well as possible fraudulent and erroneous claims under the Productivity and Innovation Credit (PIC) tax scheme, with the involvement of senior company officers at a local listed company, Trek 2000 International.
A new short film launching today entitled Our Planet: Our Business by conservation and environmental organisation WWF is challenging business leaders to fully recognise the critical link between nature and business prosperity and the critical role the private sector must play in tackling these threats.
After the launch of Finance & Business2030 conference in London, Chartered Accountants Worldwide surveyed more than 120 delegates for their thoughts and reactions following the event which featured finance and business professionals discussing ways to develop a plan of action towards achieving the goals.
FinBiz2030 is a joint initiative between One Young World, Chartered Accountants Worldwide and the City of London.
