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UK finance software isn’t making the grade

Accounting Insight

New research being officially announced at BETT 2023 has found that almost half (47%) of Chief Financial Officers (CFO) working in Multi Academy Trusts (MATs) rate their finance software as ‘inadequate’ or ‘requires improvement’. By iplicit The post UK finance software isn’t making the grade appeared first on Accounting Insight News.

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Ensuring Climate ESG Auditing Excellence: How Your Trusted Accounting Partner Makes the Difference

Withum

Certified Public Accountants (CPAs) are the trusted providers of most companies for financial auditing and have been supporting the assurance of non-financial ESG and climate information for decades. One International Federation of Accountants (IFAC) study revealed that 70% of global ESG assurance is performed by accountants.

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Walmart Offers Cheaper Supplier Finance For Sustainability

PYMNTS

Walmart and HSBC are introducing a new initiative that pegs supplier financing rates to that vendor’s sustainability performances. Suppliers that show progress can apply for HSBC financing. The Project Gigaton initiative is Walmart ‘s effort to cut one billion metric tons of greenhouse gasses from its value chain by 2030.

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Small Businesses At The Center Of Bots Vs Accountants

PYMNTS

In a 2017 report from job hunting site Indeed , researchers found that “small business accountant” was nowhere to be found in the top-10 job positions sought after by most small business employers. “Bookkeeping is the low-value work performed by accounting firms,” he said.

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AI, cyber security, AML and more at Accountex Summit Manchester

Accounting Insight

With just a couple of weeks until Accountex Summit Manchester returns to Manchester Central on September 19 2023, here’s a run-down of all things new at the show… The Accountex Summit Manchester CPD accredited seminar programme will explore the pivotal topics to help accounting and finance professionals stay ahead in their career.

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California Takes First Step in Introducing Companies to ESG Reporting

CPA Practice

The regulations are outlined in two bills, the Climate Corporate Data Accountability Act (SB-253) and the Climate-Related Financial Risk Act (SB-261). Climate Corporate Data Accountability Act SB-253 SB-253 applies to all U.S. These laws apply for both private and public U.S.

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AI Finds Harmony With Accounting, Procurement Professionals

PYMNTS

While AI can deliver time and cost savings, automation and actionable insights, executives are also concerned that the tool will displace professionals like accountants and procurement officials. The company cited McKinsey research , which concluded that up to 800 million jobs could be lost to automated technologies by 2030.