One of the big news stories to have landed this month was the government’s decision to row back on its proposals for audit reform. Various voices within the profession – ACCA’s included – have criticised the u-turn, fearing it will result in the next corporate scandal. We look at this development, and other implications for business, auditors and the wider market.
In our big interview this month, Niaz Shazad ACCA, former CFO and co-CEO of Bolton Wanderers, highlights the often-overlooked issue of diversity at an executive level of football. While at Manchester City, Niaz worked with young people from disadvantaged backgrounds to give them skills for the workplace. Now, following his role at Bolton, he wants to ‘hold the ladder steadily’ for the next generation to climb. ‘There remains much to do to challenge the status quo of who belongs in those corridors and offices. Representation matters hugely.’
Some of the key issues on the minds of business leaders more broadly are addressed in PwC’s CEO survey. In ‘CEO confidence slides’, we look at their concerns over AI, tariffs and an expanding threat landscape
For members in local government, we share a personal view from the head of finance at Maidstone Borough Council on how financial reporting could be made simpler for these public bodies.
And in careers-related content, we showcase something we’ve probably all had to deal with: ‘workslop’. This is the term being coined for AI-generated work that looks good but lacks the substance to advance a task. According to the article, this phenomenon is costing organisations and their workforce time, money and resources. Find out more.
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