The second Chartered Accountants Worldwide global future leaders think tank convened at Fordham University’s Lincoln Campus in New York City on June the 12th 2024.
The inaugural Chartered Accountants Worldwide Global Young Leaders Think Tank has set the stage for a shared vision for the future of the profession
In an environment where businesses are evolving constantly, what does the future hold for accountancy professionals? Two ISCA Council members offer their insights on how the profession can evolve to take the lead.
Owen Mavengere, the Technical Director at the Institute of Chartered Accountants of Zimbabwe (ICAZ) looks back at the last two years, and at the future as well, from a business leader viewpoint, particularly those with a professional accounting background.
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.
Managing social mobility in a global organisation requires coherent guidance that applies across multiple offices, geographies and societies.
Findings from research by the Resolution Foundation give key insights into what needs to be done to repair social mobility after the pandemic.
The shockwaves sent through the economy, labour market and children’s education by the pandemic must be addressed to repair social mobility, according to the Resolution Foundation.
As we embark on shaping the next phase of work, there is a mix of concern and excitement about getting the transition right. Kevin Empey explores what leaders can do with this once-in-a-generation opportunity to mould the future of work here and now.
While women entrepreneurs optimistically face the future in order to succeed, we cannot ignore the uneven challenges presented by the COVID-19 pandemic
The dire need for frontline expertise from accountants to help businesses survive is critical, especially with companies having seen their cash reserves depleted over the past year.
Most government support programmes have dried up, and this is underscored by internal challenges.
The dire need for frontline expertise from accountants to help businesses survive is critical, especially with companies having seen their cash reserves depleted over the past year.
Most government support programmes have dried up, and this is underscored by internal challenges.
Moving beyond the one-size-fits-all approach to work will boost both business performance and staff satisfaction, says Bruce Pritchard CA.
The COVID-19 pandemic, a global health emergency with profound economic and social ramifications, has shown us the importance of being prepared when crises hit.
Like an earthquake, in its wake the COVID-19 crisis will result in aftershocks that will permanently reshape the world. It’s also a defining moment for humanity in which we can look further into the distance to imagine […]
The new normal is redefining the new investment landscape, but is it really that bleak for Africa?
The coronavirus has impacted businesses and the lives of many around the world.
As the pandemic intensifies, cybercriminals are using this time to take advantage of vulnerable users. The number of cyber attackers, whether they are using phishing attacks, hacking or other malicious attacks, is increasing in organisations and they are now using the pandemic to further deploy such attacks.
As work sites slowly start to reopen, CFOs are optimistic they can keep their customers and employees safe
Cornerstones for a more connected team
As it turns out, living a life where daily human interactions are replaced by virtual ones isn’t quite the same as knowing instantly how to navigate all the latest iPhone features.
In 2019/20, stress, depression and anxiety accounted for 51% of work-related ill health cases, according to new HSE research.
The Conference, which highlighted the changing audit and business landscape, and the challenges brought about by the pandemic, also discussed the strategies that practitioners could adopt to build up their resilience for tomorrow.
In the brighter future when historians write about the Covid-19 crisis, it will hopefully be, for the audit profession, a tale of human ingenuity and adaptability.
Trends, Gaps and Best Practices
The latest Singapore Governance and Transparency Index (SGTI) study, released in August 2020, showed that although Singapore-listed entities had improved overall, there are still many gaps that require urgent improvement, especially in the area of risk management disclosures.
The great lockdown is not just an economic problem – it could also be a mental health one.
Jonny Jacobs CA talks through what you can do to keep your mind fighting fit.
The COVID crisis is far from over, so it’s important to prioritise your mental health, and that of your clients.
Zac Hayes knew he had to step back, if only for a short time. […] He was working long hours and had become the de facto counsellor for the people around him – and it was taking a toll.
“I was burning the candle at both ends, working 70 or more hours a week,” he says. “I knew I needed to take some time to myself. I told my staff I was having a Friday off, making it a long weekend.”
The coronavirus pandemic is being felt particularly by young CAs, says CA ANZ President Peter Rupp FCA.
Your clients are anxious, all your family is working from home, and the beach is shut. How do you stop yourself panicking?
Throughout the world finance professionals are dealing with the personal and professional challenges posed by the Pandemic. CA ANZ have compiled a list of resources to assist in building resilience, capacity and maintaining your well-being.
The CA ANZ Young CA Wellness Series is an opportunity for CAs new to the designation, or early in their careers, to hear from experts and connect with their colleagues in an interactive discussion space.
by NG KIAN HUI The audit industry has been subjected to increased scrutiny in recent years to uphold audit quality and public interest. The 2019 Novel Coronavirus Outbreak (Covid-19) has further increased the challenges for auditors in performing their audits, not only in complying with the auditing standards but […]
One unfavourable consequence brought forth by the Covid-19 pandemic was an increase in debt restructuring by firms trying to survive the economic fallout.
Coronavirus has transformed our relationship with our food. From the panicked stockpiling and empty supermarket shelves in March to the troubling times facing our pubs, cafes and restaurants, the questions about what we eat and how we go about putting it on our plates have become difficult to ignore.
And even before the pandemic, the food industry was rising up the UK business agenda, with fears that a no-deal Brexit might inflate food prices and interrupt supply chains, or – on a worldwide scale – of global warming triggering harvest failure.
The challenges of the new year will look mightily familiar. ICAS President Catherine Burnet CA outlines how rethinking the lessons of the pandemic will help CAs boost the fledgling recovery.
The ending of one year and the beginning of another always brings fresh hope that things are about to change for the better. And while many will be eager to say goodbye to 2020 – a year that will be remembered for unprecedented disruption and uncertainty – the hard work is not over yet.
While many rival camera-makers have been battered by the advent of the smartphone, Canon is still zooming in worldwide. Sally Reid CA tells Ryan Herman how a mixture of specialism and diversification keeps the Japanese company’s picture perfect Sally Reid CA’s former employers at the Union Street branch of Dixons […]
Sean McGrath CA is Finance Director at Entrepreneurial Scotland, where the path to business success is paved with confidence.
He tells Kitty Finstad why being an entrepreneur is as much about attitude as management
By Alice Deaken What CAs need to learn – and how – is in an accelerated state of flux. So what does that mean for our educational methods and models? Nick Scott asks Alice Deakin CA, ICAS’ newly appointed Executive Director of Learning Even before the pandemic, the pace of […]
by SEAH GEK CHOO WHY IT MATTERS AT THIS TIME Studies have repeatedly shown that increasing diversity is not only the right thing to do for an organisation’s culture, it also leads to better business outcomes. In this article, we explore three key thrusts that are powering the boardroom diversity […]
9 October 2020: In the face of ongoing threats and uncertainties, how can we protect our mental health and that of our colleagues during the next phase of the pandemic? This year’s World Mental Health day, on 10 October, comes with the goal of increased investment in mental health and […]
As the recession bites and business leaders get their bearings, it’s tempting to put values aside and seek short cuts to recovery. Writer and governance specialist Anthony Smith-Meyer recommends that ethics remain a driving force, not just for the good of society but also for economic survival and long-term growth.
ANG HAK SENG HOW TO NURTURE SECTOR’S WORK, WORKFORCE AND WORKPLACE Non-profit organisations (NPOs) play a very important role in society by building resilience and ensuring that no one is left behind. NPOs also serve as platforms for people to show care and concern, bringing the 3Ps (people, private, public […]
Leadership always matters, but in challenging times it’s more necessary than ever. But the nature of leadership is changing. As the latest ‘Building Resilience’ webinar explored, leadership today is underpinned by a sense of purpose and a clear vision, is guided by a moral compass and doesn’t aim to have all the answers.
Mark Spiers CA was destined to be an entrepreneur, just not in the way he had imagined. Rachel Ingram discovers how moving to Brazil helped the GrupoFabri CEO make his dream a reality.
As the recession bites and business leaders get their bearings, it’s tempting to put values aside and seek short cuts to recovery. Writer and governance specialist Anthony Smith-Meyer recommends that ethics remain a driving force, not just for the good of society but also for economic survival and long-term growth.
Diversity and inclusion at the workplace have always been important issues with critical implications for businesses, but there is a very real risk that diversity and inclusion practices may now be relegated to the back seat as a strategic priority as businesses confront unprecedented disruptions as a result of Covid-19.
Governments around the world have made (or are making) great effort to build their capabilities, especially to speed up contact tracing. With the rise of new waves of infection, the impetus to perform contact tracing is much stronger as countries continue the fight to keep the Covid-19 spread under control.
These unprecedented times call for innovative ways to upkeep traditions, and ISCA endeavoured to provide a complete and rewarding experience for the more-than-1,000 registered attendees of its very first virtual PAIB Conference.
The current economic fallout has caused much uncertainty for companies all over the world. To thrive in the “new normal”, companies need to accelerate their business transformation efforts to enhance their competitive capabilities as well as capture and deliver greater value. This will involve undertaking job redesign to better align roles with the changing business environment; at the same time, the workforce must also adapt quickly to stay competitive.
In this second article in the series, we focus on the impact CAW member institutes made across their economies, the businesses in their countries, and their members.
While the current outlook in the region may seem grim, the trends that are emerging – and accelerating – give us a glimpse of different opportunities in different sectors that can lift businesses out of survival into recovery, and eventually to thrive post-Covid-19.
Covid-19 has led to volatility in the financial markets. There are obvious concerns about whether corporations will be able to weather this storm. There are also reports of sharp increases in trading activities by retail investors.
How Chartered Accountants Worldwide’s member institutes helped Governments to navigate the Coronavirus crisis.
As the world starts to navigate a recovery from the COVID-19 pandemic, Chartered Accountants Worldwide member institutes have spent recent months providing support, resources and advocacy to members, business and Governments.
The wait is over! We’re delighted to announce our 2020 Top 100 Young CAs.
We are living in the age of misinformation. Kerry McGuire CA, Director of Global Data Design at YouGov, tells Ryan Herman why data should be democratised and disseminated to all.
As the UK gradually lifts its coronavirus restrictions, Christian Koch looks at what life is currently like for CAs working in countries further ahead in the pandemic timeline. The message? Scrap everything you know: we’re about to enter uncharted territory…
Hayley Pannick CA, Director of Development at Imperial Health Charity, tells Laurence Eastham how charities have helped hospitals navigate the Covid-19 pandemic and why public goodwill for the NHS can be channelled into action.
DR ANG HAK SENG SHARED SUCCESS THROUGH SHARED STRATEGIES Charities play a crucial role in society by meeting needs, coordinating efforts and ensuring that no one is left behind. The importance of charities has been brought to the fore during the Covid-19 pandemic as there is greater urgency to ensure […]
In an in-depth article published on the World Economic Forum, ICAEW Chief Executive and CAW Chairman, Michael Izza highlights the role that chartered accountants have played in past economic crises and how they are now working as “business-first responders”, keeping the economy going in its direst moment and channelling the […]
The latest in the Building Resilience series of webinars explored these questions in more detail. Here are eight key talking points and insights from the event.
As firms move closer to a potential return to office working, ICAS has put together a toolkit and further guidance to aid the planning process. Employers are required by law to protect their employees; careful consideration of your operations is therefore required in order to identify the necessary, and important, […]
This article first appeared in the July/August issue of CA magazine: https://www.camagazine.co.uk/july2020#!cover With each passing year, the skills powering the technology and finance sectors become ever-more closely aligned. Nick Huber speaks to four CAs who have seamlessly made the transition and are now taking the tech sector by storm. These […]
This article first appeared in the July/August issue of CA magazine: https://www.camagazine.co.uk/july2020#!cover Graham Stirling CA had never visited Singapore before moving there – now he can’t imagine being anywhere else. Rachel Ingram discovers how the Grant Thornton Assurance Director took a gamble that paid off in Asia. Singapore couldn’t be […]
This article first appeared in the July/August issue of CA magazine: https://www.camagazine.co.uk/july2020#!cover Society has the tools to become fully sustainable, says Dan Wells CA, partner at Foresight Group, but it won’t happen without the engagement of investors on a global scale. Think about investment as a spectrum. At one end you […]
We have the opportunity to improve business infrastructure through technology that, in turn, will enable companies and employees to do their jobs more effectively and be more productive.
The Queen’s Commonwealth Trust is empowering young people across the globe to bring about social change. Its COO, Chris Kelly CA, explains its aims and the values that have informed his journey to Kitty Finsta.
For companies with business acquisitions, goodwill forms a substantial percentage of their total assets and equity. For example, as at 31 March 2020, Singtel has more than $11 billion goodwill balance on its balance sheet, constituting about 25% and 40% of its total assets and equity, respectively. Goodwill is also usually a material item discussed in audit reports under key audit matters.
Fires. Pandemics. Ransomware. These are just three examples of unexpected events that may hit a business at any time. No firm big or small, listed or unlisted, is immune to unexpected events; of note is the current Covid-19 pandemic that was first recorded in Wuhan, China, that has since gone on to affect the global economy.
The new Singapore Insolvency, Restructuring and Dissolution Act 2018 (IRDA) was passed by the Singapore Parliament on 1 October 2018 but has yet to come into force.
26 June 2020: ICAEW CEO Michael Izza explains the importance of going concern for auditing the effects of COVID-19, and how the Institute is supporting members with new resources. This is a time when businesses face the double challenge of not only struggling – indeed surviving – from day-to-day, but […]
15 June 2020: in a new paper, ICAEW has called for a ‘bridged’ European and international approach to standard-setting.
Nigel Sleigh-Johnson, Director, Technical Strategy Accountability Group and Susanna Di Feliciantonio, Head of European Affairs, explain why.
In his Budget speech in February 2020, Deputy Prime Minister Heng Swee Keat referred to 2020 as one that is marked by tectonic shifts in Singapore’s operating environment, and major uncertainties.
When the dust finally settles on the coronavirus disease (Covid-19), the pandemic will leave behind an indelible mark in the history of mankind. The world will change.
The coronavirus disease (Covid-19) has infected people in 216 countries and territories, sent stock markets crashing to new lows, caused unemployment to spike to record highs, and is likely to send many advanced economies into recession this year.
LeapFrog Investments is a world leader in emerging markets, and aims to reach a billion people with its socially impactful businesses. Stewart Langdon CA, partner and Co-Head of its Asia investments, speaks to Kitty Finstad about the benefits of working from a blank sheet.
New ICAS President, Catherine Burnet CA, talks to Lysanne Currie about her career, diversity, trust and her hope that the current crisis may be a spur to overhaul the way we do business.
The Covid-19 crisis has triggered an almighty shift in shopping. Big-name brands fight for survival, while supermarkets and online delivery services flourish. CAs working in retail talk about the unfolding crisis and the shape of shopping to come…
Uncertainties brought about by COVID-19 on Singapore’s businesses have implications on going concern assessments and potentially increases the risk of financial reporting fraud. Remote working arrangements due to Singapore’s circuit breaker measures also have an impact on the operation of internal controls.
This CA Catalyst business continuity playbook draws on a range of expertise to offer tips and tools to survive the COVID-19 lockdown and beyond. Included in the playbook are practical checklists for you to download to use with your clients and your business.
The Fraud Advisory Panel is a respected, influential and independent voice of the anti-fraud community. The Fraud Advisory Panel champion best practice in fraud prevention, detection, investigation and prosecution, and help people and organisations to protect themselves against fraud. Their members are drawn from all sectors – public, private and […]
CA is keen to give back to businesses and the wider community in challenging times.
The spread of the coronavirus disease (Covid-19) created both a demand and supply shock.
As an accountant, you have an invaluable role to play in helping your clients survive the COVID-19 outbreak and its economic effects. With the pandemic and the national lockdown battering nearly every company in South Africa, they need your counsel and practical advice more than ever.
When one thinks of the professions which have been severely affected by Covid-19, images of workers in the healthcare, law enforcement and transportation sectors inevitably pop up, followed by travel and tourism, food and beverage, and the list goes on, especially as the pandemic continues.
Whanganui’s Silks Audit shows how a negative situation can be turned into a positive.
Taranaki business advisory firm Velocite’s chatbot was up and running just 12 hours after lockdown began.
Rebecca Mason CA is helping ensure that Māori have a voice during the pandemic.
This webinar, and the accompanying slides, are now available to view on-demand.
These uncertain times have brought a big change to the way we work, but that shouldn’t stop you from using your leadership skills to successfully manage your team remotely. Moira Dunne tells us how.
From a governance perspective, COVID-19 will test the robustness of our legislation and our ability to take a more technological, and perhaps modern, approach, writes Claire Lord.
Joan Curry, who recently joined the first female majority board of IFAC, discusses her varied career in the public sector.
ICAEW’s Audit and Assurance Faculty shares a recording of its recent webinar looking at the challenges faced by auditors due to the spread of coronavirus: attendance at client sites, stocktakes, valuations, group audits and reporting dates. This webcast, hosted by the ICAEW Audit and Assurance Faculty considered the challenges faced […]
Your clients are anxious, all your family is working from home, and the beach is shut. How do you stop yourself panicking? By Joshua Gliddon “My clients are incredibly panicked,” says Holly Shoebridge, principal of Oceans Accounting on Sydney’s Northern Beaches. “People are winding up their businesses, they’ve lost hundreds […]
The global jump to working from home amid the COVID-19 pandemic will test leadership, communication skills and empathy. The world is beginning the largest teleworking experiment in history, thanks to the COVID-19 pandemic. So how can you make the new normal of toiling from home work for you and your […]
With the COVID-19 shutdowns biting, clients are looking for advice on whether to press pause or exit a business entirely. At midday on Monday [24 March] cafes, gyms, bars and restaurants across Australia shut their doors or severely curtailed operations amid a government-ordered shutdown. Beauty therapists (but not yet hairdressers) […]
This guide has been prepared by the ICAEW Tech Faculty. Recognised internationally for its thought leadership, the Faculty is responsible for ICAEW policy on issues relating to technology and the digital economy. The Faculty draws on expertise from the accountancy profession, the technology industry and other interested parties to respond […]
For many businesses, a pandemic can derail company strategy and cause a range of unforeseen challenges. So how should organisations respond? The news is dominated by details of the COVID-19 pandemic. New, conflicting information is available daily. The number of confirmed cases continues to grow, as does the number of […]
We are living through unprecedented times. Lockdown measures have been enforced by governments worldwide, in order to halt the spread of the virus. Despite this, Chartered Accountants across the globe - as well as students - need to be able to continue their learning journey despite face-to-face sessions and conferences […]
You are able to control that which you are aware of. In this video you will learn about the most common fears relating to a lockdown and how to mentally prepare for it. In this video Dineshrie Pillay shares a simple model that can help you to re-align your product […]
Justine Campbell, EY’s Managing Partner for Talent sets out how her firm is helping ensure staff who are working from home can still feel part of the team and not be isolated. While we have offered flexible working at EY for many years, we recognise that self-isolation and working from […]
This article was first published in Acuity Magazine, the magazine for members and students of CA ANZ. You can read the original version here. Share this COVID-19 business checklist with clients to help them navigate these uncertain times. By Andrew Barnden FCA The rapid spread of COVID-19 across the world […]
We are living in unprecedented times. The coronavirus (COVID-19) pandemic is sweeping the globe leaving almost no community untouched - both from a human and an economic perspective. With most affected countries now in various states of ‘lockdown’ to flatten the curve, both the local - and worldwide - economies […]
