In the first of a four-part series, Kate van der Merwe considers the interplay between Finance and sustainability against a backdrop of increasingly extreme weather events. I love the sound of rain and the fresh release as it makes way for breaking sunshine (on those days that it does make way!) So it is hard to… Read More Can finance and sustainability go together?
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
The Financial Action Task Force combats money laundering and terrorist financing around the world. Its President, Argentinian justice secretary Santiago Otamendi, tells A Plus about its current battle plans, and how Hong Kong and the accounting profession can help win the war. Leading the global fight against money laundering and terrorist financing should be a… Read More Keeping it clean: an interview with Santiago Otamendi
By Cecilia Locati, FCMA, CGMA Fraudsters are becoming increasingly creative. Here’s how SMEs in the manufacturing sector can guard against losses. When we think about inventory theft, we often think of a sales assistant stealing a product from a shop stockroom or an employee carrying away items from a warehouse. Although these are common forms… Read More 5 steps to prevent complex inventory frauds
By Nicky Burridge Earlier this year, the Securities and Futures Commission issued a guidance note after being increasingly concerned that some listed companies are acquiring assets at unreasonably high prices or selling assets that are undervalued. CPAs explain to Nicky Burridge the challenges in business valuation. A Hong Kong-listed company managed to lose HK$125 million… Read More Finding true value
By David Malamed What solutions exist to improve the possibility of recouping losses, which can range from small amounts to some of staggering proportions? “In 2013 recovery auditors returned more than US$3 billion into [Medicare’s] coffers,” US publication Modern Healthcare reported in September 2014, noting that providers that appealed those audits won fewer than one… Read More Road to recovery