December saw the 300th day of the war in Ukraine. In a report, the country’s accountants talk about their experiences and how they are battling on despite the obvious challenges of working in a war-torn economy. Long term, there is also the concern that many accountants who fled the country may not return, raising the question of who will help when destruction is replaced with reconstruction. It is an important article.
Elsewhere, we analyse the prospects for the US economy; the S&P 500 index finished the year 20% down, but predictions suggest stagnation rather than recession in 2023.
Other highlights to end 2022 include infographics illustrating the rise and fall of accountancy software providers and the performance of the global software market.
Looking ahead to 2023, we hear from the CFO of Maserati Formula E, John San Vicente FCCA, about his dynamic role in this young sport, and his rise through the automotive sector via Dubai to Monaco and Cambridge, UK.
The coming year will also see the formal adoption in Europe of sustainability reporting standards; The European Financial Reporting Advisory Group has listened to concerns and reduced the number of required disclosures.
Finally, if you haven’t completed your CPD requirements yet, there’s still time to boost your units by reading articles in our CPD special edition. You can earn up to 11 units learning how to develop leadership skills, keeping up to date with developments in financial reporting, and finding out about how the latest trends in emerging technology might affect finance professionals.
Happy New Year!
