Search Result for 'IFRS/feed/The Accounting & Tax report explores the findings of the Global Business Complexity Index (GBCI) 2020, delving deeper into the nuances of accounting and tax laws and practices.'

Cyberthreats and IT governance are among the top concerns of auditors in 2023, said Gartner recently when releasing the Gartner ...

When it comes to cashflow visibility, under 4% of the 1,483 business leaders and finance and accounting executives from different ...

...with only 3% of Singapore finance and IT leaders reporting that they currently have a robust digital finance transformation strategy, ...

Hong Kong-listed Hang Seng Bank’s appointment of its CFO Saw Say Pin as executive director has been cleared by the ...

Building a strong sense of belonging is how CFOs can retain digital talent, said Gartner recently. Digital talent has very ...

...on business Assess the responsibility of businesses for key ESG issues Recognise the business case for implementing sustainable practices Identify ...

...climate solutions.  The course covers climate change, carbon pricing, sustainable business models, and climate risk and opportunities in the context ...

...October meeting that it would require company disclosures on Scope 1, Scope 2 and Scope 3 greenhouse gas emissions.  Grant ...

...foot on the business strategy and one foot firmly grounded in finance fundamentals, CFOs are the essential bridge between the ...

...nonfinancial firms in Asia Pacific. The risks which are rising on the back of slackening global growth and tight monetary ...

...in Asia dropped for the third straight quarter, while venture capital investments in China rose slightly in Q3 2022, according ...

...six countries - Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam, Bain noted.  There are six key findings from the ...

...evolution of the senior leadership team that will carry Temasek through its 2030 journey and beyond, a Temasek spokesperson was ...

...and well-being. Accounting for the impact of personal factors in performance feedback is a powerful signal that organisations care about ...

While navigating challenging times, business leaders in Asia Pacific are set to spend more. According to findings of EY CEO ...

One of the major challenges facing businesses today is increased costs, according to Global Economic Conditions Survey (GECS) by ACCA ...

Healthcare benefit costs in Asia Pacific is set to increase by 10.2% next year, said WTW recently when releasing results ...

...total value of US$1.85 trillion—a level of M&A activity more in line with pre-pandemic averages than with the previous year, ...

...role of CEO of the bank’s operations in the Middle East, North Africa and Turkey, he took up the global ...

...previous year’s survey findings. As part of business growth strategies, decision making in a turbulent business environment requires even a ...

...loss as a risk. Sustainability reporting through the ESG lens This year’s report has also highlighted some further challenges the ...

Global credit risks have risen over the past quarter as the triple threat of rate rises, Europe’s gas crisis and ...

...firm GlobalData recently. The deals include M&A, private equity and venture financing deals, the firm noted. An analysis of GlobalData’s ...

Though future of work initiatives are considered important by 94% of business leaders, they are not yet among companies' priorities, ...

The global economic growth prediction has been revised downward by 0.2 percentage points to 2.7%, said IMF recently when releasing ...

...for doing so because they offer the best combination of feasibility and business benefit, said Mark D. McDonald, senior director, ...

...partnership with the M&A Research Centre at Bayes Business School, the data also reveal the extent to which risk sentiment ...

...2013, having stints across different divisions in the bank including corporate planning, investment research, asset management, risk management, and global ...

...provide higher value services to the business.  Global business services models have become increasingly hard-wired into businesses and the research ...

...operations,” remembered York Yong Yeo, chief financial officer of Decathlon Singapore. Yeo recalled that the e-commerce business model accelerated following ...

The pace of digital disruption will stay the same and/or accelerate over the next five years, said Bain recently. According ...

...Singapore, Sairam will lead the Asia Pacific finance team to manage financial performance and reporting, strategy and planning, and maintain ...

Do you have any idea how you can effectively recruit Gen-Zers in Hong Kong? According to results of Randstad Hong ...

With just months to the end of 2022, businesses are gaining a clearer view of the road ahead.  For many, ...

CFOs and CEOs are planning to ramp up actions to address cybersecurity issues in the coming year, said PwC recently ...

...with  strategic thinking, self-leadership, volunteerism and professional skills needed in a fast-evolving business world, AICPA noted. The CGMA Leadership Academy 2022 will ...

...tight labor market, CFOs will make trade-offs in spending that affect customer service and support (CSS) leaders, said Sarah Dibble, Director ...

...the ability to contribute too.” The IMA Sustainability Business Practices Certificate will give participants the basics about sustainable business practices, ...

Customer experience has emerged as a key battleground and businesses that can win the customer experience war will be more ...

Moving to SAP S/4HANA can modernise your business and drive innovation. It’s cutting-edge technology takes your business well beyond traditional ...

...Plan is linked with the overall Business Continuity Plan. Thirdly, lean into the idea that every business is a software ...

OECD warns of pervasive global economic slowdown, projecting growth at a modest 3% this year before slowing further to just ...

...and talent, employers that can show they are driving positive change are much more attractive to potential new staff, she ...

...talking about? Chris Huff: CFOs can now deploy easier-to-use software and their non-technical business analysts can automate many of these ...

...Hays pointed out. The findings come from the Hays Learning Mindset Report 2022 from which more than 20,000 responses by ...

Business optimism among mid-market organisations globally has slumped six percentage points from 70% to 64%, said Grant Thornton recently when ...

...added. For example, an automated accounting close has a bot perform reconciliations and sends exceptions and errors to a human ...

...responsible for sustainability reporting in Asia Pacific. The roles of CFOs and CSOs should be regarded as equal given they ...

...finance, accounting and treasury functions, with extensive experience within the real estate industry, according to the company. Prior to Daiwa ...

...categories (36.9%) and stabilising finances to ensure sufficient cash flow (35.6%) are the most popular business strategies adopted by respondents ...

...record levels, the credit rating agency said. As a result, rated commodity producers in Asia reported strong earnings and cash ...

...sustainability at the centre of our business strategy, setting ourselves the goal of contributing to the realisation of a sustainable ...

...had to report on the revenue and expenses and what they needed to do to understand the business, change their ...

Talent hiring and retention is the toughest among the top challenges for CFOs over the next 12 months, said Gartner ...

...seek to store sensitive data to leverage it for future commercial gain. PET enables businesses to leverage insights from third-party ...

...globally. Global findings  87% of CFOs are either very or extremely confident in their organisation’s cyberattack response. This is at ...

...a Singapore Accounting Commission-Ernst & Young survey that revealed one of the main reasons for the lack of new entrants ...

...company noted. Following the deployment, Air Liquide— a player in gases, technologies, and services — will also roll out this ...

...buildout of commercial metaverse shared experiences, according to Gartner. Tokenised assets Tokenised assets offer new business models for content creators. ...

...growth of varying degrees, with those in Indonesia reporting the highest earnings growth of 56%, followed by 51% in India ...

...to retail organisations to remediate a ransomware attack was $1.27M, down from $1.97M in 2020 When compared to 2020, the ...

...architects of business change. Source: Architects of business change, Anaplan, Deloitte, Harri Poll The report also proposed that CFOs are ...

...budgeting and forecasting, enable faster capital reallocation, and updated financial models to reflect rapidly changing business realities,” Pritika Bhattacharjee, vice ...

...Company recently. This is according to Bain & Company and Meta ’s annual SYNC Southeast Asia report which looks at the digital ...

...the way you treat non-financial data today is like the way you do financial reporting,” he added. He cited the ...

...are also adopting sustainability reporting. This is likely to continue with the establishment of the International Sustainability Standards Board (ISSB), ...

...as guardians of business operations: they protect data, and ensure that it is accessible and reported accurately.  However, it is ...

...Credit Officer at Moody's and the author of the report. "The energy sector accounted for the largest share of both ...

...the 5th spot in this year’s Digital Agility Index, unchanged from 2020, according to Workday. Survey highlights Only 31% of ...

When it comes to CFO technology priority, back-office automation is seen as the key to cost reduction in the face ...

ASEAN banks are expected to face modest worsening in asset quality as interest rates will rise, said Moody’s recently. Central ...

...at a Japanese interior designing firm doing accounting and administrative work.  When the firm decided to close its operations in ...

...in the ANZ business before taking on opportunities within the Kellogg AMEA business.  Prior to Kellogg, Williamson held finance roles ...

...Head of Strategic Development, Health & Benefits, Asia and Australasia, WTW. Increasingly, employees want to work for organisations and brands ...

...continue to wreak havoc, Bugal added.  Sophos’ State of Ransomware Report indicates that 72% of APJ organisations were hit by ...

...that business leaders who plan for “business as usual” modest spending increases in the year ahead will fall short.  “Indeed, ...

...data and how the ESG reporting standards are evolving. There are myriads of standards being introduced – the GRI, the ...

...role, Chua, 59, will be responsible for the financial accounting and reporting, capital management and compliance matters for IREIT Global ...

...impacting businesses today for the report. However, survey results indicate that only 52% of companies are planning to invest in ...

The number of global companies obtaining independent assurance on their ESG information increased from 51% to 58% in 2020, compared ...

...Jobs Forecast, 2020 To 2040 (India, China, South Korea, Australia, and Japan), the green economy will help offset some job ...

...clients surrounding the implementation of the proposed standards in the general requirements ED. The Grant Thornton International Business Report found ...

...observed. In APAC, the average voluntary turnover was 11.1% in 2021, a 1.2% increase from 9.9% in 2020, with significant ...

...automation are autonomic systems, causal AI, foundation models, generative design AI and machine learning code generation. Optimized technologist delivery. Successful ...

...compared to H1 2020 (up 85% by value and 29% by volume), and remains in line with the average of ...

...saw significant rises of eight and 16 positions in the global rankings to 7th and 13th place respectively, due to ...

...Xinjiang Goldwin. He was the joint president and chief financial officer of TOJOY Shared Business Incubation Investment Group Co., Ltd. ...

Budget cuts for real estate/facilities management and finance functions are the most likely in the next 12 months, said Gartner ...

...approach to closing digital agility gaps through technology and alignment of functional business requirements across the C-Suite, the tech company ...

...economic growth, rising inflation and hawkish monetary policies globally pose risks when it comes to credit trends in Asia Pacific, ...

...the following seven actions that businesses need to take or at least consider. Action 1: Identify and mitigate the risks ...

Ikea India announced recently the appointment of Murali Iyer as CFO. Iyer will report to the furniture retailer’s India CEO ...

...adjustments to retain talent. An additional 39% of respondents indicated they plan to fully or partially index pay adjustments to ...

...and business leaders took the disruption as an opportunity to fill process gaps, improve technology, and enable their staff to ...

...of 5.1% for 2023 across 14 markets, compared with the actual 4.9% increase in 2022. These are the largest increases ...

...from the war in Ukraine and tighter monetary policy, IMF observed. Rising global inflation Despite slowing global economic growth, inflation ...

...the norm in the age of the global endemic, said Deel, a payroll and compliance provider recently when releasing its ...

Liquidity woes have pushed the number of Asian high-yield companies with weak liquidity, in particular Chinese developers, to record highs ...

...efficiency and protect margins, said Rathindran.  According to Gartner’s 2022 FinTech Bullseye Report, companies that implement blockchain, IoT, and digital ...

...left the business, the tech firm added. To improve the situation, ARQ deployed automated processes that significantly reduce manual input ...

...publication Social Responsibilities of the Businessman, who called businesses out by coining corporate social responsibility (CSR) as “the obligation of ...

...recently when releasing a joint survey report. The report “Diversifying Asia-Pacific Accounting Talent: A Critical Imperative to Achieve Transformational Outcomes.” ...

...in cryptocurrency, such as software company MicroStrategy Incorporated and automaker Tesla, Inc., are exposed to the asset's volatility and a ...

...to accelerate. The Russia-Ukraine war that has weakened global supply chains and the economy are to continue to pose the ...

...with the more established ecosystem of financial reporting, EY pointed out. The report argues that there has been a lack ...

...in 2020.   The Q2 Global Economic Conditions Survey (GECS) – conducted in mid-June – pointed to a decisive deterioration ...

...in obtaining and reporting ESG metrics from partners and other third parties, even in pulling data from multiple areas of ...

...themselves becoming less viable to operate in the future economy,” said Lee Bing Yi, Sustainability & Climate Change Director at ...

...Keynote of the Gartner Tech Growth & Innovation Conference 2022, taking place virtually recently. There can be significant downside to ...

...the deployment of Workday’s suite of enterprise cloud applications for finance and human capital management, the edtech firm will be ...

...the year, said Bain & Company recently. While this would represent a 20% decline from 2021’s record-breaking $5.9 trillion, it ...

...company secretary. Aged 44, Tan will be responsible for the group’s financial, accounting, and corporate secretarial matters.  He was previously ...

The latest internal control challenges include skilled staff shortage, technological advances, and the lack of executive emphasis, according to a ...

When it comes to business transformation, prioritising emotion is the key to success, EY said recently when releasing a study ...

Fraud costs in Asia Pacific has grown 10%-16% for businesses over 2019 pre-pandemic levels, said LexisNexis Risk Solutions recently. For ...

...point increase in the number of employees reporting high engagement who report to a human leader versus employees who do ...

...closely with finance and legal in her previous roles and served as CFO and acting CEO for Eastspring Taiwan’s business ...

Global credit conditions has turned more negative this year amid slower global growth, rising borrowing costs, surging prices for energy ...

...He will be responsible for the group’s finance functions including financial and management reporting, accounting, taxation, internal controls, and regulatory ...

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 ...

...fifth in the global rankings, while other Japanese cities featured in the rankings have also dropped, survey findings indicate. Source: ECA ...

...the most important in quickly delivering finance AI initiatives that meet or exceed the expected impact and deliver critical finance ...

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

...to WTW’s latest survey, entitled ‘IFRS 17: Will we make it?’, insurers report material progress has been made since WTW’s ...

...opportunities amid recovering global growth and pursue digital transformation, the firm said. The outlook is particularly strong for M&A in ...

...putting measures in place that drive compliance reporting in an office setting,” said Audet. “For example, nearly all compliance leaders ...

...Asia say the future of work is about balance – fitting work around life and no longer life around work. ...

...are dealing with increasing compliance regulations amid higher screening volumes, growing complexity in compliance and the pandemic. Compliance professionals address ...

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

Uncertainty is the new normal. The speed, scale and disruption brought about by the COVID-19 pandemic has altered many businesses, ...

To grow the business quickly and sustainably requires its leaders to underpin ambitions with solid processes and systems for planning, ...

...percentage points more likely than directors to say their organisation needs to step up investment, the firm added. “Framing tech ...

...It’s important for a CFO to have the ability to integrate the needs of various business stakeholders FutureCFO: What’s your ...

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 ...

The Global top 100 companies’ market cap continue to set records despite volatility in the global economy, said PwC recently ...

...strategy, fundraising efforts, financial operations, as well as legal and secretarial functions.  Batra brings with him more than a decade ...

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

...across the portfolio and embedding this across offer, pricing, in-store and consumer engagement. Outline roadmap and business case. Define the ...

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

...the company, Shin brings nearly three decades of financial and business leadership experience across multiple industries, including FMCG, retail, and ...

...the business world. Even the field of accounting, once known for its stodgy spreadsheets and hand-written ledgers, has inched toward ...

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, ...

...planned The findings come even as CFOs indicate they are planning cost reductions in other areas of the business if ...

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

...finance & accounting operations? Overall business outcomes? Refinitiv data reveals that global M&A value reached US$5.8 trillion in 2021, up ...

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

...workers are less likely to report a focus on automating, outsourcing, and recruiting, PwC added . Other key findings  45% ...

...Senior Business Executive Survey was conducted between July 2021 through December 2021 among over 400 CEOs and other senior business ...

...companies use to help run themselves responsibly – and report the outcomes of their ESG practices to investors and others." ...

...quarter of this year, while also seeking efficiency gains through increased automation, the advisory firm noted. “CFOs are receiving feedback ...

...as one of the top benefits. In this Oracle Report, you’ll learn what businesses are doing to recapture growth in ...

In the Bain study, Customer Loyalty in Retail Banking Report, consumers rated at least one large tech company higher than ...

...stakeholders, systems, and data is critical for getting timely, accurate information into the hands of regulators and decision-makers. This Oracle ...

...Successful finance teams must operate as strategic business partners, using tools such as advanced analytics and predictive modelling to bring ...

According to Gartner's 2021 Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises, 30% of ...

...2021 from US$187,500 in 2020, said Sophos recently when releasing result of a survey. In addition 65% of Singaporean organisations ...

...said, adding that more than 5,000 office workers across the US, UK, France, Germany, India, Australia, and Singapore. Survey highlights ...

...in 2021 compared to 2020 but were in line with levels seen in from 2018-2020. Exit value in Southeast Asia ...

...our business. So, if we're not modernising that – we’re not creating an adaptable set of business processes that enable ...

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

...when they started inflation targeting,” Ellis pointed out. “The results of the analysis hold even when allowing for China's rise ...

...links a global ecosystem of business entities can come in handy. Dedicated network authorities verify the authenticity of the invoices ...

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

...out of three CFOs have raised prices in response to inflation,” said Alex Bant, chief of research in the Gartner ...

...management, and the shortage of professional talents with "climate literacy”, the firm added. The diffusion of China's carbon peak, carbon ...

...cost complexity and inefficiency. The process provides the most important daily insight for the company CEO on the health of ...

...reporting non-inclusive behaviours will negatively impact their careers, the firm noted.  Only 23% of microaggressions were reported to employers, compared ...

...around Asia during the pandemic has been the issue of transformation – both whole of business transformation and the digital ...

...results of a survey. The survey collected responses from 1,150 global senior business leaders in North America, Europe, and the ...

...of less than six stakeholders, often for products with lower complexity. Enterprise: Typically executed over longer sales cycles of six months ...

The credit trend for Asia Pacific companies will remain broadly stable in 2022, said Moody's recently. The stable trend is ...

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

...hire again to meet business growth objectives, said Natellie Sun, Managing Director of Search & Selection in Greater China at ...

...the value of Laiye’s software license fees if business metrics are not achieved within an agreed time frame. Laiye will ...

...of a global survey. The survey, conducted by WTW and law firm Clyde & Co received responses from directors from ...

...proximity bias brings to the workplace and simply assuming it is not happening in your own business is unrealistic,” 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 ...

...and lower overall liquidity in global markets.  Russia’s invasion of Ukraine. Fears of contagion effects have grown as the war ...

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

...achieve the intended business outcomes, Gartner pointed out. “CFOs should be thinking of their CIO as a business strategist, rather ...

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%, ...

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

...multilingual reporting that supports International Financial Reporting Standards (IFRS), Financial Accounting Standards Board (FASB), Basel II and Sarbanes-Oxley requirements and ...

...summary for a quick recap of the benefits of Cognos Analytics giving you an opportunity to decide if you want ...

At the heart of the digital transformation is data. The challenge for many businesses is the prevalence of data in ...

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

...2022 and US$130/bbl (a barrel of crude oil) in 2023, against the company’s current forecast of US$100/bbl and US$80/bbl respectively, ...

...to leverage a single source of truth to harness the power of data analytics for real-time insights and smarter business ...

...2022, although the Russia-Ukraine conflict and Mainland’s recent pandemic outbreak pose uncertainties to the listing windows and performance and valuations ...

...food staples and agricultural inputs, KPMG warned.  Together, Russia and Ukraine account for almost a third of global wheat exports, ...

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 ...

...invoice information, and cash application systems, just to name a few) is still exported, sliced, and diced, and often manually ...

...resources were among the top concerns of 47% of CFOs surveyed. Source: PwC Pulse Survey 2020 Accounts receivables measure the ...

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

...Yin Shian: The role of finance in a digitally transformed enterprise consists of business partnerships, working alongside operations, sales, and ...

Now that you've implemented an AP automation solution, you'll need to focus on meeting the expectations set by your business ...

Our new reality has changed everything. Organizations are heads down re-imagining their businesses, adapting processes and procedures to a more ...

...management and dollars into the enterprise business Rethink customer engagement Support regulatory compliance and reduce risk Gain insights on new ...

Accounts Payable is responsible for so much more than just paying incoming bills and invoices, particularly given today's global challenges. ...

...compromised employee credentials, Sophos said. With ransomware attacks continuing to become more complex, organisations need a genuine, actionable cybersecurity education ...

...everything is running smoothly and delivered on time – and I was not communicating well. Over time, I learned to ...

...or worse, those impacting life or death. As AI regulations proliferate globally, they are mandating certain auditable practices that ensure ...

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

...internal executive with responsibility for ESG (48%) and intermittent updates from external experts (40%). When it comes to aligning a ...

...Maher, a managing director & partner, Casablanca, BCG pointed out. “One reason is that successful transformers shift from digital reengineering ...

Organizations are enabling their organization through digital transformation initiatives. IDC's worldwide COVID-19 Impact on IT Spending Survey (conducted October 15–30, ...

...the right strategies to drive competitive advantage, Gartner said.  Key to this will be the concept of digital deflation, but beyond ...

With customers’ preferences, competitors’ pressures, and market forces constantly shifting, businesses rely on finance teams to see the future, plan ...

...months. This is higher than 36% who reported an increase in staff levels in the last twelve months. Similarly, only ...

...On top of financial reporting, planning and analysis, and investor relations under her CFO role, Zhu — as doubling up ...

...expansion horizon has pivoted as well in terms of where to invest, so you have to continuously build on your ...

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

Around the world, the business environment continues to grow in complexity. Thanks, in part to the convergence of changing customer ...

...business value. This whitepaper looks at Adept’s integrated financial and operational planning management solutions as it aims to empower finance ...

...This is not the way it should be. The next generation business management systems have built-in bots inside that can ...

...business to boost efficiency and make the right decisions with actionable insights to mitigate uncertainty amid a dynamic business landscape, ...

...in 2022.  56% flagged the move to advanced analytics as a top challenge, and 53% were concerned about inadequate cybersecurity ...

...a quick win, then test and adjust. Focus on solving business problems/pain points, then it will add genuine business value ...

...China, Hong Kong, India, Indonesia, Japan, Malaysia, Singapore, Thailand and Vietnam, Danone Asia has positioned itself as today’s Asia’s top ...

...clothing, to gauge business confidence in near-term export prospects.  The Index indicates an optimistic or pessimistic outlook, with 50 as ...

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

...the advisory firm. “Many compliance leaders are dissatisfied with the effectiveness of their existing program activities,” said Chris Audet, senior ...

Hexamatics Servcomm, an HR and business process service provider headquartered in Malaysia, decided at the onset of the current pandemic ...

...commitment to diversity and inclusion not just by enacting policies, but ensuring they are communicated and adhered to, Wei added. ...

...and executed. He noted that traditionally the price of the businesses (being acquired) is determined by the cash flow generated ...

...year’s spring annual meeting, according to a recent Financial Times report. The media report quoted anonymous sources as saying that ...

...it as a hammer and see everything as a nail," he said. Agile methodology & 80/20 rule Esker uses the ...

...time, many locations which were ranked below Hong Kong last year have relaxed many Covid-19 induced social distancing measures resulting ...

The Beijing Declaration and Platform for Action, unanimously adopted by 189 countries in 1995, remains the strongest global consensus for ...

...deputy general manager of the capital market department of Fang since May 2020, according to the New York-listed company.  Prior ...

...Alliance. “We are at a pivotal moment and the global accounting profession must be part of the solution going forward ...

...annual Global Private Equity Report. The amount doubled 2020’s total of $577 billion and shattered the previous record of $804 ...

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

...way to bring better solutions and execution. FutureCFO: What’s your advice to female finance & accounting professionals who aspire to ...

...business activity levels to increase or stay the same for the rest of the year,”  In addition, recruitment activity is ...

...3000 report, the number of women CFOs rose by 17% accounting for 16% of all CFOs globally. In Asia-Pacific (excluding ...

...sparked ‘The Great Resignation’ trend with many working professionals now seeking more meaningful work and reconsidering their work-life balance, Hong ...

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

...SMA titled “Management Accountants’ Role in Sustainable Business Strategy: A Guide to Reducing a Carbon Footprint,” details the steps businesses, ...

...an increased demand for workers with digital skillsets, even in more traditional functions such as Accounting & Finance, Human Resources, ...

For many businesses in Asia, ERP is at the core of the business. Despite this, however, it cannot do everything. ...

Accounts payables (AP) is responsible for making sure the company’s bills are paid on a time. An organised accounts payables ...

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

...the business as a whole? Adam Hyland Adam Hyland, head of Principal Finance at KKR, a US global investment firm, ...

...to respond accordingly. 2022 will see business model transformation pushed up the Board agenda as global change becomes increasingly unpredictable, ...

...down on business insights and services. Success is not assured. Finance cycles: Finance goes real-time. Periodic reporting will no longer ...

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

...finance leader need to be agile. “You need to adapt to changes in the business environment, regulation, statutory/ESG reporting requirements, ...

...four years.  According to Microland, Khandelwal has extensive expertise in global strategy, financial planning and operations, and mergers and acquisitions, ...

...be an agent of change, not only for ourselves, but for many.” ― Ray Byfield, This Business of Life and ...

...income tax, to mitigate social inequality, carbon taxes may rise from the current SGD5 per tonne to SGD50-SGD80 per tonne ...

...Advances in Accounting Behavioral Research, I show that the effectiveness of the ‘deny’ and ‘rebuild’ strategies in alleviating a CSR ...

...and machine learning skills, as well as analytics and data storytelling skills will become increasingly important.  Such technology, including that ...

...impetus now behind sustainability reporting mandates, crucial to a board’s accountability,” Hobbs observed. “Many markets are making significant moves to ...

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

...she continued. These findings are discussed in more detail in Everest Group’s recently published report, Finance and Accounting Outsourcing (FAO) ...

...expense reporting and management. Persistent use of manual processes Source: 2021 Asia-Pacific (APAC) Expense Management Practices Survey, Jenji More than ...

...models in unprecedented ways by moving from a digital business to a metaverse business, said Marty Resnick, research vice president at ...

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

...CTH Group recently. In addition to the day-to-day management of Atlas's financial reporting and strategic direction, Sun will oversee the ...

...Bain & Company recently when releasing its fourth annual M&A report based on a global survey of more than 280 ...

...a stable outlook in Moody's APAC corporate portfolio was around 81% at the end of 2021, higher than the 72% ...

...CFOs should replicate the practices of activist investors who are willing to reassess the organisation’s value creation strategy and have ...

...findings reinforce the importance for businesses and individuals alike to refocus on growth, said Kon Yin Tong, President of ISCA.  ...

...through technology Gartner’s survey shows only 51% of candidates report that they are aware of internal job openings available at ...

...2022 Outlook. Report highlights The number of announced deals exceeded 62,000 globally in 2021, up an unprecedented 24% from 2020. ...

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 ...

...7000. Rising inflation and persistent supply chain issues are adding a new layer of complexity as CFOs and their business ...

...monetary or fiscal support that will wind down only gradually, and robust external demand fueled by household spending, inventory restocking ...

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

...ago and fully 54 points higher than 2020, when more than half (53%) of CEOs predicted a declining economy, the ...

...that which automates accounting, reporting, and financial planning and analysis (FP&A) processes, streamlines workflow and gives employees the ability to ...

...of the business, beyond the current business scope, navigate new business trends and help the business leaders grasp these new ...

...Survey highlights Other key activity indicators remain relatively little changed with the capital expenditure index up one point and employment ...

...19% on concerns related to cost management such as inflation and rising cost of supplies. With APAC’s consumer price index ...

...of integrity within their business, EY said. The COVID-19 pandemic has had a serious impact on integrity standards for companies ...

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

...for the company's financial strategy, performance reporting, capital markets activities, and investor relations, according to the firm. Prior to Transcenta, ...

...shows that 47% of workers globally view many of their colleagues as friends. This level of connection and trust is ...

...55%of respondents say they will face additional tax and reporting obligations in the coming years because of a more geographically ...

...of the Atradius Payment Practices Barometer for Asia, which polled 1,200 businesses across China, Hong Kong, Indonesia, Singapore, Taiwan and ...

...split at September 2021’s policy meeting, was arguably more significant, Fitch pointed out. Fitch has not changed its US or ...

...rating agency added. "As awareness grows of the potential consequences of global warming — and the limitations of countries' decarbonisation ...

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

...Business School.  Based on share-price performance, companies making M&A deals outperformed the World Index by +1.4pp (percentage points) on average, the ...

...Malaysia have also increased the average bonus payout to 2.2 months for 2021, compared to 2.1 months in 2020, with ...

...business school and executive search firm Heidrick & Struggles —  is based on a survey of 301 board members in ...

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

...report.  South Korea, Indonesia and Thailand IPO markets also performed well in 2021, the report adds. “Following the blistering pace ...

...faster and smarter business decisions. Now, it’s time for finance executives to take data analytics to the next level by ...

...Geoff Soon (GS): A consumption business or usage business model is a service provision and payment scheme in which the ...

According to the Gartner View from the Board of Directors 2021 survey, 69% of board members want to accelerate digital ...

...the quantity and prices of goods vs services consumed for economies throughout the world. Key findings According to the MasterCard ...

...with value up and multiples rising, said Bain referring to the findings of its forthcoming M&A Report 2022. Bain & ...

...for example?” Tang said. The Institute has also made several recommendations for further improvements in CG practices. For example, there is ...

...when releasing its 2021 EY Global Corporate Reporting Survey. The report, now in its eighth year, canvasses the views of more ...

...Procurement Index and the Employment Index were more or less the same as the previous quarter, at 36.9 and 44.0 ...

...blockchain and digital currencies for CFOs as a means to lower costs, increase transaction processing speed, reach new global customers, ...

...ESG reporting standards while a similar number (73%) say it’s important to be able to compare ESG performance across companies.  ...

...China's shadow banking assets as a share of nominal GDP to 51.5% from 58.3% at the end of 2020, the ...

...2023, with some clear winners across regions and sectors.  Report highlights After exceptionally strong performance since H2 2020, global trade ...

...now focusing on long-term priorities to become more agile to support the evolving business needs.” In particular, as the pandemic ...

...to create successful business transformation, the authors said. In addition, while digitization as a business strategy has become a road ...

...team norms with HR. “HR leaders should also empower managers with the flexibility to reprioritise resources as circumstances change, ensure key outcomes ...

...just finance and accounting. Once upon a time, “CFO” was a reasonably prescriptive, even possibly slightly intimidating title. It used ...

...in the year. One business’s ransomware attack will become another business’s extortion Ransomware attacks will become more relentless in their ...

...and leverage intelligent technologies like AI, machine learning or predictive analytics before the pandemic were able to remain agile, resilient ...

The current pandemic has turned every aspect of the business on its head. With the disruption of the global supply ...

...at no additional cost. Source: Willis Towers Watsons (+Global and regional trend rates are weighted based on GDP per capita.) ...

...the index have risen by 3.5% year-on-year in local-currency terms, versus the 1.9% increase last year, according to the report. ...

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 ...

...Royal Highness The Prince of Wales. The Asia Pacific Chapter will collaborate with global peers to progress sustainability in business ...

...investment as demand grows, according to the credit rating agency.  However, rising inflation may result in a faster-than-expected increase in ...

...smarter business decisions and improvements in business and financial performance.  Rather than investing in data capabilities for their own sake, ...

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 ...

...fully confident that workload is manageable enough for employees to make full use of personal time. As businesses accelerate digital ...

...their business. Think of all the advantages accounting managers can have with a real-time view of business expenses. Data helps ...