(c) Institute of Chartered Accountants of Scotland. Contact ICAS for permission to reproduce this article., Corporate Governance, Financial Reporting

Restoring trust and relevance in corporate reporting

By Amy Hutchinson A look at how ICAS is shaping the debate on corporate reporting. ICAS has highlighted the importance of considering the corporate governance and corporate reporting environment in the ongoing UK audit quality debate. We cannot look at audit in isolation – it is one part of a wider system of assurance which is… Read More Restoring trust and relevance in corporate reporting

(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Corporate Governance

Stepping up

Two first-time winners of this year’s Best Corporate Governance Awards tell Nicky Burridge about the steps they took to tighten their practices and standards, and why the journey to do better continues. For corporate governance to be truly effective it must be more than just a box-ticking exercise, according to winners of the Hong Kong… Read More Stepping up

(c) Chartered Accountants Ireland. Contact Chartered Accountants Ireland for permission to reproduce this article., Corporate Governance

What will the board of the future look like?

While artificial intelligence will certainly play a part, the fundamentals of board management will be familiar. It is a brisk October morning in 2025 as Julianna, board chair of Oaktree Limited, calls the board meeting to order. Julianna reminds everyone that at 11am precisely, the meeting will commence and Theodore, the artificial intelligence-powered corporate governance… Read More What will the board of the future look like?

Business Management, Risk Management

Putting climate-change risk on the balance sheet

Chartered accountants are on notice to identify and measure business risks related to climate change. By Karen McWilliams FCA As the drive for more useful climate-related information advances, it is becoming increasingly important for chartered accountants, in business and practice, to understand what disclosures are required. In September 2018, the Task Force on Climate-related Financial… Read More Putting climate-change risk on the balance sheet

(c) Institute of Chartered Accountants of Scotland. Contact ICAS for permission to reproduce this article., Corporate Governance

Toxic tone from the top

By Chris Sheedy Toxic leaders exist only if the culture allows. What does a toxic tone from the top look like, and how can it be changed? At her first job interview after graduating from a Law degree in the 1990s, Katriina Tahka learned an important lesson about the way the business world worked at… Read More Toxic tone from the top

(c) Hong Kong Institute of Certified Public Accountants. Contact HKICPA for permission to reproduce this article., Business Management, Enterprise Risk Management

How to manage third-party relationships

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