Executive recruiting firm Crist Kolder’s annual report shows record levels of female and racially or ethnically diverse leadership at large companies.
Management accounting
Hiring managers in finance have their work cut out
Nearly four in five hiring managers in finance “expect to have to work hard” to attract and retain talent over the next year after three-fourths dealt with retention issues over the past year.
The functions CFOs are targeting for budget cuts, increased spending
Real estate and facilities management is the category most likely to face budget cuts, a Gartner survey shows. IT is the most common CFO choice for planned spending increases.
More companies obtaining ESG assurance, according to global survey
The percentage of companies worldwide providing assurance on ESG reporting increased between 2019 and 2020, but are auditors getting their share of the work?
AICPA & CIMA comment on ISSB drafts of sustainability disclosures
A comment letter applauds efforts to develop global standards for disclosing sustainability information and provide suggestions related to the two exposure drafts.
Business leaders may consider cuts to M&A, ESG budgets
If economic challenges continue, a survey finds that mergers and acquisitions could be the first area that CFOs and CEOs target for budget cuts, followed by environmental, social, and governance.
The state of risk oversight: Why both structure and agility matter
How can organizations take a smarter approach to risk management in a highly risky time? An expert on the topic passes on best practices and results from a recent survey report in this podcast episode with transcript.
From the archives: How purpose can play a bigger role in business
An author and Harvard Business School professor explains why companies should have a larger role in society than providing shareholder value in this podcast episode with transcript.
Survey reveals need for businesses to build trust with consumers
A PwC survey finds that consumers don’t trust companies on nearly the level that business leaders believe they do.
5 trends driving the importance of understanding ESG
The AICPA’s Ami Beers, CPA, CGMA, explains the reasons for increased focus on environmental, social, and governance (ESG) issues.
Most US finance leaders see recession risk in year ahead
The CPA Outlook Index, an equally weighted, nine-component measure of sentiment, remained in positive territory, falling from 73 points to 67 points out of 100, but it was the fourth consecutive quarterly decline in economic outlook.
FASB to explore rules on accounting for ESG credits
The FASB said last week that it will explore new rules regarding the accounting for financial instruments with ESG-linked features and regulatory credits.
SEC proposes enhanced disclosures related to ESG
The SEC proposed amendments to rules and reporting forms to promote consistent, comparable and reliable information for investors concerning funds’ and advisers’ incorporation of environmental, social and governance factors.
A finance transformation case study, plus a news roundup
Two consulting company leaders explain the ins and outs of finance transformation and what they learned from a recent client example. Also, get caught up on news related to several CPA-centric topics.
What every CPA should know about disrupted supply chains
Build your supply chain knowledge by networking and tracking the news.
SEC extends comment period on climate-related disclosure proposal
The SEC announced an extension in the public comment period for its proposal on climate-related disclosure requirements.
J’Maine Chubb, CPA, CGMA
J’Maine Chubb, CPA, CGMA, CFO of the Houston
Airport System, discusses achieving goals, knowing when to say no, weathering the pandemic, and more.
What CPAs should know, and ask, about NFTs
An expert on digital assets, also an ENGAGE speaker, explains nonfungible tokens and addresses accounting questions related to NFTs in this podcast episode with transcript.
The invaluable sounding board: Learning from other CFOs
A CFO shares insights on the value of idea sharing and why such sharing can be comforting and discomforting at the same time.
As finance’s role grows, communication skills are more vital
A new survey found the finance function’s importance has grown in the past two years.
Features
FROM THIS MONTH'S ISSUE
4 ways solo practitioners can stand out
Five years ago, a grieving Angel Zhen started his own CPA firm with no clients and no revenue. Today, he has 300 clients, $600,000 in revenue and 12 weeks of annual vacation. In this JofA article, he shares how he set up his firm and how you could do the same.
