Hong Kong-listed Ban Loong Holdings recently announced the appointment of Liu Huaiyu Luk Chi Sing as CFO to replace his...

Businesses must prioritise suppliers and procurement in the midst of a global supply chain crisis, rampant inflation, and energy shortages...

Bad debt in Asia has become a major headache for the region’s companies trading on domestic and export markets, said...

Hong Kong has maintained its position as the most expensive location in the world, bolstered by higher prices and a...

When it comes to finance AI, the key to success is not only about investing the most time or money,...

Disconnected finance and operations teams can damage growth and competitive advantage, said KPMG recently when releasing results of a global...

Insurers have reported that there is still a huge amount of work to complete in order to successfully deliver IFRS...

The optimism in M&A might be sustainable though activity level would not be the same as that in 2021, said...

The rate of compliance reporting has dropped by 30% from before the pandemic, said Gartner recently. According to a survey...

Asian employers continue to face issues such as talent attraction and retention, said Mercer recently when releasing results of its...

The total cost of financial crime compliance is projected to hit close to the US$ 50.1 billion mark in 2022...

CFOs have bullish expansion plans despite the current challenging business environment, said employment platform Globalization Partners (G-P) recently. A research by...

Technology deficit in the boardroom is impacting enterprise investment and digital transformation, said Deloitte recently when releasing results of a...

Half of the current finance AI projects will be either delayed or cancelled by 2024, while the use of business...

OECD projects global economic growth to decelerate sharply to around 3% this year and 2.8% in 2023, well below the recovery...

Pepperfry — an ecommerce furniture and home goods company in India —recently announced the appointment of Anand Batra as CFO. ...

To achieve autonomous finance, CFOs must make three key mindset shifts, said Gartner recently at the opening keynote of the Gartner...

Asia Pacific consumers are a driving force behind the region’s interest in purchasing sustainable goods, showing brands the importance of...

Aiming to move closer to a data-centric enterprise, business leaders steps up technology investment drive, said EY recently when releasing...

Fast food chain Jollibee Group recently announced its appointment of Richard Shin as its new CFO. Shin has succeeded Ysmael...

Global growth forecasts for 2022 and 2023 are lower as Russia's invasion of Ukraine and pandemic lockdowns in China add...

Almost a third of businesses globally failed to deliver against decarbonisation targets set for 2020 when it comes to ESG,...

CFOs are likely to maintain or increase enterprise digital investments in the next two years even if inflation persists, according...

EY is considering a global audit spinoff amid growing regulatory pressure, according to media reports. EY and other Big Four...

Work life balance is voted the most important employee value proposition for the first time in 10 years of research...

The Great Resignation will be here to stay as one in five workers say they are likely to switch to...

CFOs: Do you really know what CEOs think when it comes to issues such as sustainability, Metaverse, and inflation.Gartner said...

CFOs respond to inflation with raising prices as their primary strategy but they also recognise that this strategy is unsustainable...

The average ransomware payment collected from organisations in Singapore  — that had data encrypted in their most significant ransomware attacks...

Close to half (48%) of office workers in Singapore say they would consider quitting their job in the next six...

The Southeast Asia private equity market had one of the most impressive turnarounds in its history, with deal value reaching...

Finance plays an essential role in a company’s overall business transformation as it goes deeper into digitisation to improve operational...

Hong Kong and New York-listed Autohome Inc recently announced its appointment of Craig Yan Zeng as CFO. Having more than...

The current high inflation will cause significant but temporary credit effects in many countries, as the actions of central banks...

TikTok owner ByteDance recently announced its appointment of  Julie Gao as CFO.  A Hong-Kong based capital markets lawyer at Skadden, Arps,...

Almost half of finance executives (49%) surveyed see self-service data and analytics as a driver of employee productivity, said Gartner...

CFOs in China are expected to play broader roles when it comes to sustainability, as a result of the country’s...

Working women report high level of burnout, with 53% of female workers surveyed by Deloitte saying their stress levels are...

One of the top barriers to digital transformation according to finance, HR, and IT leaders is the widening gap between...

It’s time for CFOs to budget for sales organisations’ transition from intuition-based to data-driven decision making. By 2026, 65% of...

India’s ICICI Bank announced recently the appointment of Anindya Banerjee as the Group CFO. He joined the ICICI Group in...

Hong Kong employees want to change employers in the first half of 2022, with 31% of respondents in a survey...

Cyberattacks and data loss are the key risks facing directors and officers, with cyber extortion and the growth of ransomware...

While a hybrid workforce can bring many benefits, employers must avoid proximity bias arising from this new work model, said...

CFOs might invest more in reporting automation, RPA, and process mining over the next two years when it comes to...

Cybercrime is the biggest current threat facing businesses, while emerging risks from ESG-reporting fraud and platform fraud could impact businesses...

A macroeconomic downturn has moved into the top five risks among senior executives, said Gartner recently when releasing the Emerging...

More than a quarter of rated Asia Pacific (APAC) companies will be at risk under a downside scenario of a...

Only 30% of CFO-CIO relationships are characterised by strong collegiality and business centricity, said Gartner recently when releasing results of...

Digitalisation has a more important role in play in sustainability as 88% of C-suites in Asia Pacific will increase the...

The World Bank said recently that it has lowered its annual global growth forecast for 2022 from 4.1% to 3.2%, citing the...

Global IPO market saw significant slowdown in Q1 2022 after fter record-high levels of global IPO activity in 2021, said...

India's passenger airline IndiGo recently appointed Gaurav Negi as its new CFO. Negi was IndiGo's senior vice president and head...

Eleven high-yield (HY) corporates in Asia Pacific rated from ‘B-’ to ‘BB+’ could face elevated refinancing risks under a stagflation...

Indonesia-based private education provider BINA NUSANTARA (BINUS) Group will deploy Workday’s suite of enterprise cloud applications for financial and human...

China and Hong Kong IPOs will  accelerate if the pandemic situation in China improves and the Russia-Ukraine War subsides in...

The world will see increasing inflationary pressure as the Russian invasion of Ukraine continues , said KPMG recently when releasing...

Digital money will be the future, said PwC recently when releasing its 2022 PwC Central Bank Digital Currency (CBDC) Global...

Supply side strains in Asia Pacific will remain elevated at least through the end of the year, with energy and...

Finance and accounting professionals are worried about operating costs, said ACCA and IMA recently when releasing the latest edition of...

You are right if you think board executives are unaware of cyber threats. There is a broad assumption from executives...

Data and analytics leaders should embrace three imperatives when leveraging the top trends for 2022 in their enterprise, said Gartner recently....

ACCA announced recently that it will launch its new Global Business Services (GBS) Certificate in April. The global business services,...

Directors around the world are concerned that their firms won’t be able to deliver on ESG goals, said INSEAD recently...

More than 60% of firms prioritise ESG in digital transformation while more than 80% plan to increase their investments in...

When it comes to CFO strategy, finance leaders CFOs need to move beyond short-term, reactive moves to counter inflation and...

Singapore’s job seeker sentiment is at a five-year low though nearly half of employers in the island state have plans...

Southeast Asia’s e-commerce car platform Carsome Group recently announced the appointment of its CFO Juliet Zhu as group president. Zhu...

Growing economic uncertainty and rising costs diminish consumer confidence, said EY lately when releasing its EY Future Consumer Index. The...

Islamic finance is set to drive a growing focus on ESG and sustainability in the wider Halal economy, said Maybank...

Luxury resort operator Soneva has selected Workday to help it digitally transform finance operation and capabilities, the technology company announced...

The top challenge for internal audit leaders this year is how they can attract talent with nontraditional skills, said Gartner...

Hong Kong export confidence continues to shrink as the HKTDC Export Index fell by 12.5 points to 24.7 in the...

Asia Pacific will see growing risks to its economic growth as a result of the Russia-Ukraine war, said Moody’s recently....

Companies are estimated to reduce annual compliance training by 50% by 2025, said Gartner recently. This will displace costs in...

A recent survey of nearly 1000 people in Asia by Hays found that 43% of respondents see diversity as a...

Standard Chartered Bank, listed in both London and Hong Kong, has started to map out CFO succession plan as the...

Singapore has remained the most liveable location in the world for expatriates from East Asia in 2022, despite seeing the...

Chinese real estate Internal portal Fang Holdings Limited recently announced the appointment of Peng Cui as CFO. Cui has served...

The chief executives of 10 of the global accounting bodies have joined together to support a new call to action...

Private equity set a remarkable new standard for itself in 2021 as buyout deal value reached an all-time high of...

A Sidetrade study, Cash Culture Pulse 2022, revealed the detrimental impact spreadsheets have on a business team’s effectiveness. Firms interviewed...

A majority (84%) of employers in Singapore intend to raise staff salaries this year, said Hays recently when releasing its...

Hong Kong employees deem compensation and benefits as the most important considerations driving their career choices, said Randstad recently when...

Defaults among high-yield nonfinancial companies in the Asia-Pacific will slightly decline but stay elevated in 2022, said Moody’s recently. This...

Management accountants can be instrumental in collaborating across their organisations on a decarbonisation strategy, according to a statement of management...

How can Asia Pacific finance professionals upskill and future-proof their career? ACCA launched the free new Career Navigator tool late...

Hong Kong budget seeks to deploy its considerable fiscal buffers to cushion the economic impact on households and businesses as...

Ongoing supply chain issues, the pandemic, and inflation are having a critical impact on businesses' ability to drive profitability. Retail,...

Cross-border M&A, supply chain and sustainability are top priorities for Asia Pacific business leaders, said EY recently when releasing its...

Microland, a Bangalore-headquartered digital IT transformation company,  recently announced the appointment of Navneet Khandelwal as CFO. Khandelwal joins Microland from Zensar Technologies, a...

The Singapore budget confirms that fiscal pressures associated with the pandemic are easing, allowing the focus of policy to shift...

The Great Resignation is impacting companies in Asia as well, said Lee Thong Tan (pictured), CFO Practice Lead for Asia...

While more board members and senior executives believe that the pandemic increased expectations from stakeholders that companies will strive for...

Government services provider Serco Asia Pacific recently announced the appointment of Andrew Henry as CFO.Henry joins Serco with an extensive...

Finance and accounting outsourcing (FAO) buyers are increasingly open to third-party support for complex, judgment-intensive processes, and digital solutions; providers...

Jenji’s 2021 Asia-Pacific (APAC) Expense Management Practices Survey reveals that despite increased rhetoric about the importance of digital finance, the...

It might be time for CFOs to start getting ready for the metaverse. According to Gartner, 25% of people will...

When it comes to reputational and ESG risk readiness, there is considerable lack of confidence on the part of global...

Maggie Sun has become the CFO for both CTH Group, a company in the blockchain and digital asset ecosystem, and...

There are three M&A success factors that dealmaking executives must understand to thrive in the sizzling M&A market that saw...

The credit trend for Asia Pacific companies will remain broadly stable through 2022, Moody’s said recently. Smoother and more sustained...

CFOs who evolve their capital allocation approach to one that prizes responsiveness can add 2.5 percentage points to economic value...

In a survey conducted by the Institute of Singapore Chartered Accountants (ISCA), 89% of accountancy professionals indicated they have adapted...

Unfairness in the internal hiring process is the major hindrance when it comes to top talent retention, said Gartner recently....

M&A deal momentum is set to continue in 2022 after registering unparalleled growth in deal values and volumes in 2021,...

Hong Kong-listed Samson Paper Holdings Limited announced the appointment of Lu Zhiwen as CFO with effect from 26 January 2022....

The IMF revised recently its 2022 global economic growth forecast to 4.4% from the previous estimate of 4.9%, citing weaker...

CFOs must account for inflation-related uncertainties in annual budget and guidance for investors, said Gartner recently. According to the firm’s...

Asia Pacific’s economic growth pace will stabilise in 2022, supporting a broad normalisation of credit conditions across sectors, said Moody’s...

Employers in Singapore fell below global benchmarks when it comes to supporting staff during the pandemic, said Mercer March Benefits...

CEO optimism hits 10-year high despite the ongoing pressure generated by the pandemic and market conditions such as rising inflation,...

CFOs’ top priorities for future-proofing teams include technology investment for talent retention and attraction as well as hiring people with...

Economic confidence among finance and accounting professionals fell by 12 points in Q4 2021, due to the rapid spread of...

Fueled by tight labour markets and the rise in inflation this year, employers in Asia Pacific are boosting their pay...

Standards of corporate integrity have stayed the same or worsened over the last 18 months, said EY recently. According to...

A silver lining is an advantage that comes from a difficult situation. The COVID-19 pandemic is no exception. Yes, some...

Hong Kong-listed clinical stage biopharmaceutical firm Transcenta Holding Limited announces the appointment of Daniel Weng as the company's CFO. As a member...

There are five key themes that will reshape the future of work, said Bain & Company recently when releasing results...

Tax functions around the world are undergoing transformation against the backdrop of persistent pressure and challenges that disrupt the way...

Expect two Fed rate hikes this year, said Fitch Ratings recently. The credit rating agency also predicted four Fed rate...

Potential action to tackle environmental issues, such as building resilience against the effects of physical climate risks and protecting biodiversity,...

China's GDP growth is likely to hit 8% in 2021, with a projected 3.7% growth in Q4, said the Peking University,...

Global M&A to remain strong in 2022 as valuations reach historic highs, said Willis Towers Watson (WTW) recently. Global dealmakers...

Companies in Malaysia forecast a median 4.5% salary increase in 2022, said Mercer recently when releasing results its annual Total...

Knowledge and experience gaps impact boards’ ability to address climate change, said INSEAD recently when releasing its new report Changing...

StemiRNA Therapeutics — a clinical stage mRNA biopharmaceutical company located in Shanghai, Beijing and Boston — recently announced the appointment of Dr. Jack Hu as CFO. ...

The global IPO market had an exceptional year in 2021 despite all the uncertainties, breaking records by IPO volume and...

Geoff Soon (pictured), Senior District Manager for ASEAN, Snowflake spoke to FutureCFO about the consumption business model, how it would...

The 2022 economic outlook is defined by digital resilience and a return to the experience economy, said MasterCard Economics Institute...

The year 2021 saw the highest total M&A deal value on record, reaching more than US$5 trillion, said Bain &...

To become more sustainable and resilient in the long term, Hong Kong listed companies and public sector organisations will need...

While 76% of finance leaders in companies around the world now back the need for globally consistent ESG standards, obstacles...

Hong Kong exports will grow by 8% in value in 2022, down from the 25% expansion experienced in 2021, said...

CFOs must be aware of cases and risks of digital currencies as 20% of large organisations will use them by...

Only one-third (33%) of investors think the quality of ESG reporting they see is good, with under half (40%) trusting...

China's shadow banking assets will continue to decline on regulators' continued focus on containing systemic risks in the financial sector,...

When it comes to global trade, supply chain disruptions could remain high until 2H 2022 amid renewed Covid-19 outbreaks around...

Many CFOs in Southeast Asia have yet to begin their finance function transformation journeys though they recognise the need to...

CFOs: Have you ever wondered if being digital is enough to create successful business transformation? If you do, you are...

CFOs: Have you allocated budget for ensuring managers’ success in the hybrid world? According to Gartner, there are three strategies...

What will be the major cybersecurity concerns in 2022? As the new year is around the corner, senior executives outside...

The cost of Asia Pacific healthcare benefit sponsored by employers are expected to rise by 7.6% on average in 2022,...

The world’s most expensive city in 2021 is neither Singapore or Hong Kong though the former has overtaken the latter...

While global recovery is continuing, its momentum has eased and is becoming increasingly imbalanced, said OECD (Organisation for Economic Co-operation...

Omicron is unlikely to bring a repeat of 1H20’s unprecedented global GDP contraction due to several reasons, said Fitch Ratings...

The new Asia Pacific Chapter of the Accounting for Sustainability (A4S) Chief Financial Officers Leadership Network has been announced at...

The rising vaccination rate, stabilising consumer confidence, low interest rates and higher public spending in India underpin positive credit fundamentals...

The growth rate of companies’ data maturity has almost doubled since 2018, from 8% to 15%, said Boston Consulting Group...

Asia's (ex-Japan) corporate sector will be largely stable over 2022 on the back of a demand rebound from advanced economies,...

Asia Pacific is expected to have the highest hike once again when it comes to 2022 salary increase, said ECA...

Productivity and performance gains resulting from hybrid working during the pandemic may have come at the expense of longer term...

CFOs: Do you get your short term forecasts correct? A survey of 750 global senior finance leaders by Tata Consultancy...

While consumer behaviours have changed — as reflected in consumers' choice of living with less and re-evaluating purchases, businesses need...

The top CFO focus for 2022 is improving the flexibility of budgeting and forecasting, according to a September 2021 survey...

More than six out of 10 mid-market businesses (62%) now believe that sustainability is just as important or more important...

CFA Institute, the global association of investment professionals, announced recently the appointment of Steven Hendry as its CFO, effective immediately....

Poor ESG performance might drive divestment by institutional investors, according to an EY global survey that reveals 74% of respondents...

Ransomware and the long-term effects of the pandemic on markets and organisations are the top issues for auditors in 2022,...

The headwinds to global economic growth — such as those from the pandemic, supply chain imbalances and labor shortages --...

Mastercard announced recently that it has teamed up with cryptocurrency service providers Amber Group, Bitkub in Thailand, and CoinJar in Australia to launch crypto-funded...

The CFO role has evolved more apparently during dramatic changes brought by the pandemic, increased attention to social and environmental...

Global VC investment set a record for the third-straight time with US$171.7 billion across 8,682 deals in Q3 , up...

Companies' abilities to act on ESG issues have now become a make-or-break consideration for leading investors globally, said PwC recently.  ...

More than 75% of managers reported that their AI implementations improved their team culture, said BCG recently when releasing results...

CFOs look to move their financial systems or ERP to the cloud despite the rapid increase in cyberattacks driven by...

Refinancing risks are set to increase for Asian high-yield companies, reflecting their credit quality deterioration, constrained funding access and slowing...

When it comes to profitability during the pandemic, businesses have suffered decrease and 32% of 536 businesses across 26 trade...

There are five key priorities that CFOs must consider while navigating the post-pandemic business landscape, said Tricor Group and FutureCFO...

Singapore is ranked second in Global Talent Competitiveness Index while the city-state together with Switzerland and the US continue their...

Boards of directors (57%) surveyed by Gartner have increased or expected to increase their risk appetite heading into 2022, said...

Mastercard announced recently a new supply chain finance offering within Track Business Payment Service (Track BPS), saying it is designed to increase...

When it comes to business workflow automation, which ones do enterprise executives think are the most important and deliver the...

China’s Q3 GDP growth slowed to 4.9%, according to the country’s National Bureau of Statistics. The year-on-year growth rate was...

Ensuring there is a capabilities fit between buyer and target is key to delivering a high-performing deal, said PwC recently...

A September 2021 survey of 251 CFOs and other finance leaders revealed that 47% intend to assess digital currencies for...

The global economy is projected to grow 5.9% in 2021 and 4.9% in 2022, 0.1 percentage point lower for 2021...

Global economic recovery lost momentum in Q3 2021 though overall confidence and orders remained at high levels across regions, said...

International tax reforms and supply chain transformations accelerated by the pandemic contribute to an unprecedented level of uncertainty and risk...

A global survey of 111 CFOs from different industries in July revealed that 60% of organisations experienced wage inflation in...

The majority of Hong Kong accountants — at 85% — are committed to achieving net zero, said CPA Australia recently...

Employees’ desire to work from home presents CFOs a new opportunity to recalibrate staff costs, said Gartner recently. Many organisations...

Google has subscribed to more Workday products to support its global workforce, said Workday recently. The additional products that tech giant...

All the 40,000 client services employees of PwC in the US will be able to work from anywhere they want...

There have been 547 IPOs raising US$106.3 billion in Q3 2021 alone, up 87% year-on-year, said EY recently. In addition,...

When it comes to analytics talent, CFOs often limit the scope of their advanced analytics centre of excellence (ACOE) by...

The Institute of Management Accountants (IMA) recently announced the establishment of a Sustainable Business Management Global Task Force (IMA.SBM.GTF) to...

Four Asian economies are among the top 15 in Insead’s Global Innovation Index  2021 despite the fact that only a...

China's shadow banking assets will shrink further after falling sharply in the first half (H1) of 2021, as the deadline...

A hybrid workforce is a challenge to organisations as 61% of respondents to a survey said they struggle to provide...

The number of countries developing central bank digital currencies (CBDCs) has dramatically increased as consumer preferences for digital payments shifted...

CFOs and other business leaders: Are you prepared for increasing your organisation’s budget for improved inclusion in a hybrid work...

Hong Kong’s export index in Q3 fell 9.7 points back to its first-quarter level of 39.0, after rising for five...

Managing people effectively is key in withstanding future crises, said the Association for Financial Professionals (AFP) recently when releasing results...

CIO-CFO partnership is important as tech leaders are helping to lead finance transformation while shifting strategies to meet evolving business...

There are 10 most sough-after shared services skills in the finance and accounting function in the past year, said Gartner...

Board independence sees uneven progress in Asia Pacific, said CFA Institute recently when releasing its new report “Independent Directors in...

Reaching net-zero will require massive shifts in policy and investment, challenging the credit profiles of debt issuers in sectors exposed...

When it comes to expat pay packages, Singapore is now the 17th most expensive location for companies sending employees overseas,...

Asia Pacific covered bond issuers comprise high-quality financial institutions that can support the credit quality of their covered bonds through...

Hyperautomation and intelligent composable business are the top technology trends that CFOs should immediately address, said Gartner recently. These trends...

The four trends that are driving near-term AI innovation include responsible AI, small and wide data approaches, operationalisation of AI...

The fluctuating pandemic has changed many organisations when it comes to the perception of the finance function—the stronger appreciation for...

Global CEO confidence returns to pre-pandemic levels, said KPMG recently when releasing results of a recent survey of more than...

Support measures for borrowers will limit the asset quality decline in Thailand, Indonesia, and the Philippines and banks in these...

Audit functions that fail to adapt well to hybrid auditing risk a loss of effectiveness and influence at a time...

Phishing attacks on employees have increased in 70% of Singaporean organisations, said Sophos recently when releasing a report. In addition,...

Pay rises are making a comeback in Asia Pacific, said Willis Towers Watson recently.  Companies in the region plan to...

Accountancy bodies including ACCA and Chartered Accountants Australia and New Zealand (CA ANZ) recently urged professional accounts to make the...

Two-thirds of banks, corporations and non-banking financial institutions (NBFIs) still use search engines to comply with trade and export compliance...

The key emerging technologies that spur innovation through trust, growth and change include nonfungible tokens (NFT), sovereign cloud, data fabric,...

China's planned new central bank digital currency (CBDC), the digital renminbi or e-CNY, could shake up the country's e-payments industry...

Three quarters of C-suite executives believe that intelligent automation helped to augment their finance employees’ capabilities, according to results of...

Hong Kong listed Sino-Ocean Service Holding Ltd. announced recently the appointment of Liu Xu as CFO. Liu, aged 36, joined...

Leadership teams increasingly realise that speed alone is not enough to capture the full value of digital transformation for an...

Talent management issues including attraction, retention, and engagement have emerged as the top workforce risk and the most pertinent threat...

Regulatory risk related to ESG disclosures has rapidly risen to the second overall position, said Gartner recently when releasing its Emerging...

Global fintech investment reached US$98 billion across 2,456 deals in the first half of 202 — outpacing last year’s annual...

FMCG (fast moving consumer goods) sales growth in China remains subdued though regaining traction, said Bain & Company recently when...

The growing audit control gaps can result in higher organisational risk, said Gartner recently when releasing results of its survey...

ACCA chief executive Helen Brand recently called on businesses to appoint more female directors because it makes sense commercially as...

Co-working space operator JustCo has deployed Workday Financial Management across its finance operations at its Singapore headquarters and in its...

Asia Pacific likely will grow faster in 2021-22 than the Middle East & North Africa and Latin America, but performance...

Half of all B2B credit sales in Asia are overdue, said Atradius recently when releasing its report for the 2021...

At a FutureCFO-AFP roundtable, senior heads of finance discuss the pandemic’s challenge to financial clarity and critical lessons learned that...

Collaboration between financial planning and analysis (FP&A) and business and operations teams when forecasting and planning is greater in organisations...

The trailing 12-month default rate for Asia Pacific high-yield nonfinancial companies will fall to 3.6% at the end of 2021,...

Only 19% of CFOs have automated nearly all their finance processes and are currently handling financial reporting digitally, said Workday...

More than half of surveyed accountants (57%) had no knowledge of coding but many of them are interested in acquiring...

The IMF maintains its global growth forecast of 6% in 2021 and 4.9%in 2022. The 2021 global forecast is unchanged...

Moody's said recently that its proprietary indicators for the second quarter of 2021 have continued to improve, pointing to stabilising...

Businesses around the world are struggling to manage climate risk disclosures and should consider taking urgent action to meet the...

Global deal values was in excess of US$1 trillion per quarter over the past 12 months as the first six...

The financial impact of cyber-physical system attacks resulting in fatal casualties will reach more than US$50 billion by 2023, Gartner predicted...

The number of companies on Moody's B3 Negative and Lower Corporate Ratings List fell 21% quarter-over-quarter, finishing June with 256...

The Hong Kong Institute of Certified Public Accountants (HKICPA) announced recently its launch of the Best Corporate Governance and ESG...

The recovery of global confidence is swift and strong in Q2 of 2021 returning global activity to the pre-pandemic level...

Economic recovery and solid capital supplementary bond issuance will support Chinese insurers' solvency in 2021, said Moody’s recently. Solvency ratios...

Ineffective contracting processes on average lead to more than 9% contract value erosion, said KPMG recently when releasing results of...

S&P 500 firms overlook governance metrics in ESG reporting, said Gartner recently when releasing an analysis. Actual metrics for tracking...

SWIFT recently announced the launch of its new Payment Pre-validation service, saying it’s a core building block in its strategy...

Provisions and write-offs of bad debt increased from $9,750 million in 2019 to $12,262 million in 2020 — a 25.8%...

Loreal Jiles (pictured), Director of Research – Digital Technology & Finance Transformation,  Institute of Management Accountants (IMA) weighs in on...

Employee wellbeing continues to be an issue as finance executives feel fatigued and jaded after having worked harder in the...

As companies transition to new ways of work, the number of organisations in Asia Pacific (APAC) making employee experience a...

Hong Kong’s export index has risen for the fifth consecutive quarter, soaring from a record low of 16.0 at the...

There are three priorities that not only HR leaders but also senior executives such as CEOs and CFOs need to...

Let’s continue with the last five of the top 10 security misperceptions today. To revisit or view the first half...

There are top 10 security misperceptions, said Sophos. According to the firm, those misperceptions were encountered by its rapid response...

Rising demand for goods and services in China, driven by GDP growth, will boost the earnings of most rated companies...

Six global banks have confirmed their preparations for SWIFT’s new platform for international payment flows, said the co-operative recently.  The...

A Gartner survey on CFO investment indicates that 82% of respondents plan to increase their budgets for digital capabilities in...

The most digitally mature firms saw valuations 23% above pre-crisis levels, on average, within six months of the pandemic’s start,...

Non-IT professionals will build 80% of technology products and services by 2024, said Gartner recently. This trend is driven by...

The Chartered Institute of Management Accountants (CIMA) said recently it proposed four suggestions on how Hong Kong can improve employment...

Skills have become the new currency of workforce and talent strategies, as more than half of organisations that responded to...

While  62% of organisations expect external audit fees to rise this year, they could combat this by automating their internal...

The total IFRS cost faced by the global insurance sector to implement the standard is estimated to hit the range...

New G7 tax policies announced lately will face hurdles as the proposals are yet to be agreed by the G20...

The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years, largely on strong...

Changes in the finance function have given rise to a widening skill gap. Lee Thong Tan (pictured), CFO Practice Lead...

Indonesian technology group GoTo Group recently announced the appointment of Jacky Lo as CFO. Lo will be based in Jakarta...

China's (A1 stable) economic rebound has strengthened and become more broad-based since the beginning of 2021, said Moody's recently. Although...

Business and government leaders realise the urgency of ESG as an enterprise imperative, as environmental groups, activists, and asset managers...

Global economic growth would be higher but the recovery is likely to remain uneven and, crucially, dependent on the effectiveness...

Finance and accounting (F&A) organisations will not renew 60% of their existing business process outsourcing (BPO) contracts by 2025 because...

Most Fitch-rated firms in India would experience manageable impact brought by the wave of Covid-19, said Fitch Ratings recently. Most...

Strategic M&A activity will be a key driver of the post-pandemic recovery right across Asia Pacific, as companies more aggressively...

The C-suite can no longer afford for their tax functions to be consumed by routine compliance and reporting activities, said...

Controllers must optimise their governance processes to balance risk management processes without stifling the productivity that the technology provides, as...

Singapore has surpassed Hong Kong as Asia’s most resilient economy for the first time, said FM Global recently when releasing...

Singapore’s GDP grew 1.3% in Q1 of 2021 compared with a year ago, according to the Ministry of Trade and Industry's...

Gartner recently predicted that  70% of organisations by 2025 will shift their focus from big to small and wide data...

Cybersecurity requires more effort as the median attacker dwell time before detection was 11 days, said Sophos recently when releasing...

The post-pandemic global economy wound not the like the one before the coronavirus hit, said EIU recently. To tackle the...

Inefficient contracting has led to revenue loss and missed opportunities for more than half (57%) of the world’s major companies,...

Accountants have reservations about digital tools built for anti-fraud purpose, believing they are too expensive and irrelevant for smaller practices,...

Organisations are keenly aware of the important role data plays in the decision-making process; and much has been discussed about...

While CFOs surveyed recently by Gartner are likely to invest in AI, they need to adopt a different AI approach...

Refinancing risk in China is increasing for some finance firms, as increased borrowing in recent years have led to a...

Hong Kong posted a year-on-year 7.9% GDP expansion in Q1 after growth rates had fallen for a record six quarters, according...

More than half (54%) of employees surveyed from around the world would consider leaving their job post-pandemic if they are...

CEO sentiment is positive as more of these C-level execs anticipate an economic boom (60%) than stagnation (40%) in 2021...

Alibaba affiliate Ant Group is participating in China’s digital currency trial, according to a report by China Securities Journal. MYbank...

Finance transformation plans will fail if CFOs do not fully address four areas of comparative advantages of their function, said...

While some of the Gen Zers are already in the workforce, employers and senior executives such as CFOs need to...

The top 250 global retailers generated aggregated revenues of US$4.85 trillion in fiscal year 2019, representing composite growth of 4.4%,...

Cyber attacks and data loss are the top risks facing directors and officers, with COVID-19 and the forced change in working practices...

Rated Asia Pacific nonfinancial firms piled up their total cash holdings to a record-high $1.44 trillion, said Moody’s recently. The...

There are seven critical areas where CFOs can identify opportunities for improvement in ESG reporting, said Gartner recently. “About one...

India’s economy may shrink in Q2 as the number of Covid-19 cases is on the rise. The country reported another...

Nearly one in five employees (18%) consider themselves to be digital technology experts since the pandemic, while more than half consider...

Asia Pacific growth will see intra-regional disparities  though economies are recovering from the initial shock of the pandemic, said Fitch...

A CFO survey by Deloitte revealed that finance leaders in China see the country as a key growth driver in...

Quarterly VC investment in Q1 2021 flew past the US$100 billion mark for the first time, hitting US$126.9 billion globally...

The pandemic separates the readiest innovators from the rest, said BCG recently when releasing its report titled Most Innovative Companies...

Economic integration between China, Japan and Korea will continue to deepen despite China's focus on reducing its dependence on foreign...

BlackLine said recently that it has unveiled BlackLine AR Intelligence, the latest offering in its portfolio of accounts receivable (AR)...

Liquidity-fuelled IPO markets in the traditional slow Q1, with 430 deals raising US$105.6 billion in proceeds, said EY recently. The...

Have you ever wondered if your finance function is over-investing in new analytics tools? Gartner confirms your thought if you...

The pandemic has changed CFOs’ hiring and employee management practice, said employer of record platform Globalization Partners recently when releasing...

The average covenant quality (CQ) score for Asian full-package high-yield bonds improved by 3% in the first quarter (Q1) of...

The global economy is bouncing back in terms of economic confidence, orders, employment and spending, said ACCA recently when releasing...

The IPO markets in Hong Kong and China are well supported to continue to perform vibrantly in the rest of...

The global economy is estimated to grow at 6% in 2021 and 4.4% in 2022, said IMF recently. The current...

The assumption of likely government support will continue for most rated Chinese nonfinancial SOEs (A1 Stable), said Moody’s recently. "We...

Finance functions in Singapore will dramatically change in the next normal, said Workday when releasing a survey report recently. More...

A crisis response plan is the key to success in 2021, said PwC recently when releasing the results of a...

CFO confidence about the global economy has been at its highest since 2018, according to a CNBC survey. According to...

The current pandemic is prompting some financial reporting execs to rethink their technology needs despite their confidence in getting their...

Half of workers say they’ve faced discrimination at work which led to them missing out on upskilling or career advancement,...

The fall in China's shadow banking activities since the fourth quarter of 2020, reversing the growth over the first three...

While nearly 70% of Asia Pacific organisations suffered a cyberattack in 2020 — an increase of 36% from 2019, 59%...

The internal audit function faced both declining budgets and a significantly expanded workload in 2020, according to Gartner survey of...

There would be a 26% increase in bankruptcies at global level in 2021, despite the rollout of vaccines and positive...

Business leaders of world’s most influential companies do not expect a return to the normal any time this year, said...

A Gartner survey of 127 finance and corporate real estate (CRE) leaders in February 2021 showed that 59% of respondents...

Higher yields for long-dated sovereign bonds will result in near-term losses for Asia Pacific banks as they recognise valuation changes...

Hong Kong employees are keen on upskilling, spending weekly six to ten hours (9%), ten to 24 hours (4%) and...

CFOs need to co-pilot in new business models, lead in data governance and wear several hats, said ACCA recently when...

Organisations that achieved unexpected cost efficiency gains as a result of operational constraints due to the pandemic risk losing these...