Agile business practices have moved beyond IT to create high-performing teams in other areas. By Oliver Rowe Like many internal functions and most business areas, Nationwide Building Society’s 80-strong internal audit team is always under pressure to do more with less or the same amount of resources, according to Eleanor Taylor. Taylor, a senior manager… Read More Introducing agile into internal audit
Regional public-sector finance networks are developing across the UK. Their aim: to share knowledge, best practice, and personnel. By Oliver Rowe An initiative within the UK’s public sector to establish regional finance communities that can share best practice and personnel is gaining ground. Its path could provide guidance to others looking to start similar networks,… Read More Sharing finance knowledge locally
The provision of environmental reporting clearly aligns to our profession’s core values, so we can all play a role in the drive for sustainability.By Kate van der Merwe Since the 1970s, the influential Business Roundtable has exclusively represented CEOs of the most prominent US companies. In August 2019, 181 CEOs issued a new mission for the group… Read More Report the whole story
Hong Kong currently lacks technical standards for business valuations. To address this, the Hong Kong Business Valuation Quality Initiative Task Force, led by the International Valuation Standards Council, recently released a consultation paper. Nicky Burridge finds out how the proposals will improve the industry, and how effective the initiative will be in helping the city… Read More The end of face value
From Hong Kong’s source rules to building a global consensus on how profits should be taxed by countries, experts discussed contemporary transfer pricing issues in Hong Kong at the Institute’s Annual Taxation Conference 2019. Eric Chiang and Paul Smith report. Hong Kong has long been renowned for its simple tax regime and low tax rates.… Read More Is Hong Kong ready for BEPS 2.0?
The most successful managers and leaders help their teams learn from mistakes in an atmosphere of respect and acceptance. By Annette Clancy Your doctor tells you that you will need to undergo major surgery for a life-threatening condition. Fortunately, you have private health insurance, which will allow you to choose the hospital in which the procedure will… Read More Psychological safety at work