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AI readiness, skills gaps top concerns of finance leaders

Eighty-eight per cent of finance professionals believe AI will be the most transformative tech trend over the next 12 to 24 months. Yet only 8% feel their organisations are “very well prepared” to manage it, a new AICPA and CIMA survey shows.

Legislation set to lower EU sustainability reporting threshold

The European Parliament votes to reduce the number of companies subject to reporting requirements to include EU companies employing over 1,000 employees and with a net annual turnover of over €450 million.

ISSB amends IFRS S2 requirements to make implementation easier

The revisions aim to minimise disruption by providing reliefs and clarifications for companies applying the standard.