Economics

November 19, 2020

Beyond Accounting Conference 2020 – Ideas, Technology, Trends

ACAUS held its first virtual conference, continuing our Beyond Accounting theme from 2019, on November 19th, 2020. Our leading-edge content was shared in a series of "Ted-talk"-style presentations. The conference also saw ACAUS relaunched as "Chartered Accountants Worldwide Network USA" (CAW Network USA). Now this amazing content is available in bite-sized pieces for you to enjoy. Please click on any of the videos below to view the presentations.
October 12, 2020

Diversity and Inclusion for Business and Accountancy Profession

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.
October 12, 2020

Technological Impact on Finance Functions and Job Redesign

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.
October 12, 2020

Using Data Analytics in a Financial Statements Audit

Technology leverage has been all the rage in recent times as businesses, and even entire industries, seek to fend off disruptors and/or chase growth. For the audit industry, data analytics has been touted as a potential game-changer as the profession seeks to innovate its way to more effective audits in the face of mounting expectations, business complexity and volume of transactions.
September 18, 2020

Chartered Accountants Ireland Virtual CPD Update – Rebooting the economy

This fast-paced conference focuses on the key issue of rebooting the economy after the impact of COVID-19. In the morning plenary session, attendees will receive impactful technical, and commercial insights from high profile speakers. The afternoon sessions, which are powered by the District Societies, will enable participants to choose from […]
July 14, 2020

Goodwill Valuation for Impairment Testing During Recession

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.
July 14, 2020

Business Continuity Plans

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.