Earlier this year, Fred Alale AM FCCA was appointed Member (AM) of the Order of Australia for his significant contribution to the African communities in Victoria. Hailing from Nigeria, Alale settled in Australia in 2010, working for a Big Four firm. His career and interests have seen him move into a director role in the Department of Education and establish the largest African music and cultural festival in Australia. He shares his inspiring story in A passion for giving back.

With prestigious art fairs back in business this year, Asia has seen a hike in sales as interest grows in the luxury sector. We look at the appeal of art as investment among the wealthy as key venues in the region host their flagship events, promoting diverse artists to a new breed of art collectors.

Columnist Errol Oh considers proposed rules in Malaysia to make more SMEs audit exempt. Revised thresholds could boost growth across the country’s micro- and small enterprises, but is there a downside to removing the requirement to audit?

A renewed period of intense scrutiny on tax issues has meant that ASEAN tax leaders need to adapt and find ways to reduce exposure to risks and penalties. Our infographic looks at the findings of an EY report on tax audits and how businesses are prioritising tax governance.

We review a key piece of research from ACCA, published in June, which explores why sustainable organisations must balance social equity with environmental action. A failure to grasp this premise, it says, will marginalise the contribution that the profession should make to a just transition to a sustainable future.

Our CPD technical features this month focus on sustainability standards recently issued by the International Sustainability Standards Board. Sustainability reporting faces challenges looks at the effectiveness of the new disclosure scheme, while IFRS S2 about to drop considers the climate focus of the new standard.

And in our careers section, we have CPD articles on how organisations can take positive action from their diversity, equity and inclusion policies, and how to make cultural change strategies work.

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