By Wendy Chang The Associate Director at Deloitte Risk Advisory looks at ways to effectively monitor third-party risks. Today, companies rarely go to market alone. Corporate success is increasingly supported by complex supply chains, outsourcing and other third-party relationships, forming what we term the “extended enterprise.” Products and services are now, more than ever, created,… Read More How to manage third-party relationships
Since launching in April 2016, 45 students have graduated from the Institute’s Financial Controllership Programme. The course’s communal approach and focused class modules have been lauded by many Institute members, who feel they have gained valuable hands-on experience and knowledge on what it takes to be a financial controller today. Jeremy Chan speaks to recent… Read More The career controllers
Succession is a common issue facing small- and medium-sized practices (SMPs). However, because of the more urgent needs of dealing with daily operational issues, there is a tendency to perpetually relegate succession planning to the backburner. Practitioners should devote time to their succession plans so that the primary goal to transition a client relationship to… Read More How to build an effective succession plan for SMPs
General practitioners can capitalise on the trend towards sector specialism, but planning is required. The accountancy sector, like other professional service sectors, has witnessed an increased focus on sector specialisation to bolster general practice activities over the last decade. This trend is largely driven by clients who want their advisers to be experts not just… Read More Why niche offerings are a good idea
Millennials, who are expected to make up the majority of the workplace by 2020, can offer organizations new opportunities. Liana Cafolla finds out how companies are building millennial-friendly corporate cultures to retain and attract future business leaders. As employee reputations go, they don’t get much worse than millennials’. Millennials – generally agreed to be those… Read More Motivating millennials
By Hannah Downie As a CA and ICAS policy expert, the “big issues” are never far from Bruce Cartwright’s mind. So it is fitting that his first initiative as CEO, Challenging Conversations, seeks to tackle them. For Bruce Cartwright, challenging the status quo comes with the territory of being a chartered accountant. “As a CA,… Read More What is the role of CAs in society?