Audit partner Fiona Narielwalla FCCA has spent a decade exploring how technology can enhance audit quality throughout member firms, as well as developing next-generation audit tools. Based at BDO Australia’s offices in Sydney, she talks about the possibilities of smart and intuitive technologies to assist auditors in delivering for their clients.

We continue the theme of the digital future with an article on a new type of artificial intelligence called large language models (LLMs) and how businesses might harness their ability to handle vast amounts of internal data. We also consider whether AI can enable government and organisations to better predict how their initiatives may affect climate targets. And we find out why practitioners should assess the impact AI has on professional liability

As ESG reporting gains traction among ASEAN companies, we hear from speakers at the recent ACCA Technical Symposium on how a climate resilience strategy can help futureproof organisations. We also hear from the International Auditing and Assurance Standards Board on why a proposed sustainability assurance framework is crucial to enhance trust among regulators, investors and other stakeholders on corporate sustainability information.

This month, columnist Errol Oh writes on Malaysia’s new bill that will improve discipline and transparency in how the government manages public finances. And Asian economist Manu Bhaskaran considers how Asia might fare in 2024 as economies see out a challenging year.

In our careers section, we find out what toxic leadership does to its staff and an organisation, and to address workplace discrimination and poor corporate culture, we learn what to do about perception bias

As we head towards ACCA’s CPD deadline, don’t forget that ACCA’s annual virtual conference ‘Accounting for the Future’ offers free CPD units and is available on demand, as is our Virtual Public Sector Conference.

Further information

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