Financial accounts don't currently factor in environmental problems.
To achieve environmental sustainability, we need strong corporate standards that are quantifiably enforced, accountants trained to accurately measure sustainability — and we must all play a role.
In the face of technological threats, it may be tempting to turn finance professionals into data scientists. This isn’t the way forward. Instead, they need to find new uses for their expertise.
Big Four firms were hit with £16.5 million in fines for audit failings in 2019 alone.
It is only with comparable data that scientists can assess whether the measures they implement are effective in protecting citizens, and better prepare for future health crises.
Faced by a sales dip, business owners run quickly into a cash crisis. What can be done?
With hurricane season comes the usual efforts by insurance companies and government agencies to calculate the economic costs. An economist explains how they’re doing it wrong.
There is no system in place to detect charitable fraud on the scale allegedly committed by a counseling company and its sham nonprofit.
More often than not, the group owes more money than it has available to spend at the end of the year.
The so-called ‘Australian model’ of ‘asset recycling’ is no miracle cure for US infrastructure problems.
Despite the leaders of both countries being champions of fighting climate change, research shows both Canada and France are failing to train their accountants in sustainability. Why?
Company directors have been put on notice about their duty to consider and disclose climate change risks. And to do that properly they need to call on the expertise of accountants.
Water and energy use are becoming more efficient, which is good news for both the economy and the environment. But Australia has yet to realise the value of national environmental accounting.
Traditional accounting calculates a company’s value by measuring physical assets and how much they owe. But we can tweak this for today’s economy by including people and their ability to innovate.
Companies like Uber and Etsy don’t have to tell most of the people working with them how much they’ve earned. With the federal government so behind the curve, some states are changing their rules.
More CEOs and investors are looking to long term value over short term profits – an approach that may net them both.
Gaps in the two tier board structure which is favoured in Europe may be partly responsible for the Steinhoff corporate scandal.
A suit of highly paid professional services seem to have failed investors in the unfolding Steinhoff corporate scandal.
KPMG South Africa executives have set a new benchmark for the country assuming responsibility for wrongdoing in their organisation.
Australian retailers aren’t efficient enough to compete with Amazon on price, and that’s before we factor in Amazon’s other businesses.