With the business environment transforming before our very eyes and new challenges emerging, such as sustainability, inflation, recession and a tight labour market, professional accountants are finding that new skills are needed in order to cope. This month we have published a special edition of AB looking at skills in green finance, fintech, communication and ethics, among other topics.
Speaking of skills, our interviewee this month is Eva Fong FCCA, CFO of Canadian digital healthcare group WELL Health Technologies. From a standing start four years ago, Fong has helped the group grow into a C$887m listed company, having now worked on more than 50 acquisitions and finance rounds.
With the slump in stocks around the world, particularly in the US, hitting investors hard, it is bad for business, too. It could get worse for finance executives before it gets better – but perhaps not as bad as it could get for those invested in cryptocurrencies. According to our commentator, Alfred Romann, ‘DeFi and the blockchain technology that underpins cryptocurrencies have a lot of uses, but putting faith in the tech is like trusting dusty, old-fashioned, two-column paper ledgers rather than the business itself’.
If you’re looking to get on top of your CPD over the summer break, we have plenty of articles that will earn you CPD units, such as this month’s feature about how accountancy practices are taking a zero-trust approach to cybersecurity, and the skills required to do this.
Also on a technology theme, we look at how tax administrations globally have performed over the past year, and how digital transformation has been a major enabler in the advances made, catalysed by measures taken during the pandemic.