Acca Insights

Narayanan and the panellists share their closing views on the report Meaningful work for the digital professional series with Ernst & Young (EY). This fourth and final episode covers the positive changes to digital that have occurred in 2020 due to the Covid-19 pandemic and the potential long-term consequences on businesses and their employees. Panellists include ACCA Chief Executive Helen Brand, EY EMEA Public Policy Leader Andrew Hobbs; EY Canada Assurance Digital & Innovation Leader Daniela Carcasole; EY Global Assurance, Audit methodology, and Analytics leader Alan Young; and Prime Global CEO Stephen Heathcoate.

Part 3 of our ‘Meaningful work for the digital professional’ series with Ernst & Young (EY) hosted by Narayanan Vaidyanathan focuses on how professional accountants can build their digital skills and the importance of balancing those skills with other skill sets.Panellists include ACCA Chief Executive Helen Brand EY EMEA Public Policy Leader Andrew Hobbs; EY Canada Assurance Digital & Innovation Leader Daniela Carcasole; EY Global Assurance, Audit methodology and Analytics leader Alan Young; and Prime Global CEO Stephen Heathcoate. Conversation highlights:Helen (0.32 secs), developing human skills that enable effective use of technology skills Stephen (2.43 mins), having a learning mindset, how small practices are developing complete talents of accountants, Alan (6.58 mins), managers roles in encouraging their employees to develop their skillsDaniela (9.50 mins), the value of personal passion and curiosity to step outside comfort zones, the role of GIG workersAndrew (16.52 mins), developing multidisci

In part two of our series on ‘Meaningful work for the digital professional’ with Ernst & Young (EY), hosted by Narayanan Vaidyanathan, the panellists explore the benefits of digital adoption in accounting and how the new ways of working due to Covid-19 have positively influenced the importance of enhancing digital capabilities. Panellists include ACCA Chief Executive, Helen Brand; EY EMEA Public Policy Leader, Andrew Hobbs; EY Canada Assurance Digital & Innovation Leader, Daniela Carcasole; EY Global Assurance, Audit methodology and Analytics leader, Alan Young; and Prime Global CEO Stephen Heathcoate.Discussion highlights:The journey to adopting and embedding digital within accountancy practices to add value to their work and with clientsHow digital is shaping the policy agenda for organisations, its impact on accountancy organisations to meet societal expectationsThe role of regulation, the role of public and private partnerships in addressing some of the challengesHow digital adoption has influence

The Sustainable Development Goals Disclosure (SDGD) Recommendations, authored by Carol Adams, Professor of Accounting, with Paul Druckman and Russell Picot, Honorary Professors at Durham University Business School, offer a new approach for organizations to address sustainable development issues. They attempt to establish a best practice for corporate reporting on the SDGs and enable more effective and standardized reporting and transparency on climate change, social and other environmental impacts.Jimmy Greer, ACCA’s Head of Sustainability, discusses with the authors and Charles Tilley, interim Chief Executive International Integrated Reporting Council.Their conversation covers, how the SDGD recommendations augument other frameworks and support organisations to achieve sustainable development goals, its relevance to integrated thinking and reporting; its importance for the work of benchmarking agencies.Read the SDGD recommendations

As the business environment changes and businesses evolve to meet expectations and demands, finance functions are increasingly required to support strategic decision making through data-driven insights. Clive Webb, Senior Insights Manager, ACCA Professional Insights speaks with Claus Thorne Madsen, a PwC Partner in Copenhagen, to discuss how finance business partners can become proactive, to add more value to their organisations as finance functions change. Read the 'Finance insights reimagined' report

Finance functions are increasingly being required to support strategic decision making through data-driven insights. Clive Webb, Senior Insights Manager, ACCA Professional insights, Brian Furness, PwC Partner and Global Head of Finance Consulting and Jamie Lyon, Portfolio Lead, ACCA Professional Insights, explore the role of finance business partners, how it's changing, the breadth of skills they need to develop in order to be effective and meet the future needs of the business.Read the 'Finance insights reimagined' report

Finance functions are increasingly being required to support strategic decision making through data-driven insights. In the first of this three-part conversation, report authors Clive Webb, Senior Insights Manager ACCA Professional Insights, Brian Furness, PwC Partner and Global Head of Finance Consulting and Jamie Lyon, Portfolio Lead at ACCA Professional Insights, discuss why insights matter and how finance functions need to think broader than their traditional measures when evaluating performance and supporting decision making.Read the 'Finance insights reimagined' report

In the first of a four-part series on Meaningful work for the digital professional, which is based on our joint report of the same title with Ernst & Young (EY), Head of Business Insights in Professional Insights, Narayanan Vaidyanathan introduces the start of an engaging discussion with four panellists about what meaningful work means to each of them. The series will explore: Part 2 - the state of play on digital adoption (the journey to digital adoption, risks, challenges, opportunities and rewards), Part 3 - how to think about building digital skills and Part 4 - the impact of Covid-19 on the digital agenda. Panellists include ACCA Chief Executive Helen Brand, Prime Global CEO Stephen Heathcoate, and three leaders from EY: EMEA Public Policy Leader, Andrew Hobbs; Canada Assurance Digital & Innovation Leader, Daniela Carcasole and Global Assurance, Audit methodology and Analytics leader Alan Young.Read the 'Meaningful work for the digital profession' report

Why is it especially important to ensure that we grow our skills and continuously learn? What approaches can we adopt to ensure that we are successful? How do we remain relevant? Dr Nigel Spencer of Oxford Said Business School, Keith Jones, Executive Partner at Alchemy Worldwide and Senior Insights Manager ACCA Professional Insights, Clive Webb explore the importance of learning in turbulent times.

In this podcast, Neil MacLean, patner at EY, explores the nature of digital transformation and how it impacts the finance function. He explores the impacts of technology and the implications for skills for the accountancy and finance professional and how these need to evolve. In a survey with over 4,200 ACCA members, affiliates and students we reviewed the digital skills that a professional needs to be relevant, as expressed by ACCA’s digital quotient; one seven quotients that define the skills needed. In the report, "The Digital Accountant – digital skills in a transformed world," we explore the results and provide guidance on growing the necessary skills and knowledge.

In this podcast, Stephen Dowling, Founder and CEO of ETM considers why the accountancy and finance professional needs to develop their digital skills and the steps that they need to take to ensure that they remain relevant. He considers the importance of learning and unlearning in this context. Digital transformation is one of the key conversations around businesses at present. The evolution of the business model has an impact on us as accountancy and finance professionals from the way that we collect, verify and utilise increasing volumes of data. In a survey with over 4,200 ACCA members, affiliates and students we reviewed the digital skills that a professional needs to be relevant, as expressed by ACCA’s digital quotient; one seven quotients that define the skills needed. In the report "The Digital Accountant – digital skills in a transformed world," we explore the results and provide guidance on growing the necessary skills and knowledge.

In this podcast, Brendan Sheehan, ACCA council member and CEO of digital transformation company White Squires, explores the nature of digital transformation and how it impacts the accountancy and finance professional. He considers the role that they need to play and why it is relevant. He specifically considers the implications for the finance leaders (as discussed in the companion report, "Digital Leadership: Leading finance digital transformation"). Digital transformation is one of the key conversations around businesses at present. The evolution of the business model has an impact on us as accountancy and finance professionals from the way that we collect, verify and utilise increasing volumes of data. In a survey with over 4,200 ACCA members, affiliates and students we reviewed the digital skills that a professional needs to be relevant, as expressed by ACCA’s digital quotient; one seven quotients that define the skills needed. In the report, "The Digital Accountant – digital skills in a transformed world

In October 2019 Saïd Business School, University of Oxford and ACCA published an article Creating effective learning ‘eco-systems’ for the future world of professional services. This podcast is a discussion between the two report authors: senior insights manager for ACCA, Clive Webb, and leadership development specialist and adviser on talent development based at the business school, Nigel Spencer.

Finance functions are facing a number of potentially disruptive challenges led by technological innovations, changing business models and evolving consumer expectations. Based on a series of interactive workshops and interviews with leading finance professionals around the world, as well as through an online survey of over a 1,000 ACCA members and PwC contacts, we have set out in a new report what we consider to be a possible vision for the future finance organisation, and what we think the journey to get there is. Part 2: The journey to the future In this podcast, PwC specialists Colin Bezant, Fedelma Good and Helen Tuddenham share their insights for finance teams to successfully embark on a journey of change. Amongst those, encouraging people-led solutions, understanding the entire data lifecycle built around a strong digital core, and offering training to finance teams outside of traditional channels, all appear key concepts to focus on in order to deliver effective transformation.

On 18th July we launched the Global Economic Conditions Survey: Q2, 2019 (GECS) for the second quarter of 2019. GECS, carried out jointly by ACCA and IMA (the Institute of Management Accountants), is the largest regular economic survey of accountants around the world. This podcast features Michael Taylor, chief economist at ACCA, discussing the global economy and looking at the current picture and the potential risks.

Finance functions are facing a number of potentially disruptive challenges led by technological innovations, changing business models and evolving consumer expectations. Based on a series of interactive workshops and interviews with leading finance professionals around the world, as well as through an online survey of over a 1,000 ACCA members and PwC contacts, we have set out in a new report what we consider to be a possible vision for the future finance organisation, and what we think the journey to get there is. Part one: The opportunity for the finance community The first podcast features ACCA’s director of Professional Insights Jamie Lyon and PwC Partner and Global Head of Finance Consulting in London, Brian Furness, the two sponsors of this joint research initiative. Together they discuss key insights from the report and top tips for finance leaders embarking on a journey of change.

Cyber security is one of the most significant risks that an organisation faces. ACCA and Chartered Accountants Australia and New Zealand’s recent survey of over 1,500 members suggests that it is an issue that most accountants see as belonging to somebody else. Is this valid? What is the nature of threat? In our series of podcasts that accompany the report, Cyber and the CFO, Clive Webb, a Senior Insights Manager at ACCA and one of the report authors considers, with his guests, how the finance community needs to respond to the threat. To read the full report go to accaglobal.com/cyber-cfo. In the third podcast Paul Diamond, a senior Technology & Risk Director, with significant experience and a sustained record of success in the public and private sector considers the executive level view and why cyber risk matters. He also explores the role of standards and accreditations in managing the cyber risk, especially as these relate to the supply chain.

Cyber security is one of the most significant risks that an organisation faces. ACCA and Chartered Accountants Australia and New Zealand’s recent survey of over 1,500 members suggests that it is an issue that most accountants see as belonging to somebody else. Is this valid? What is the nature of threat? In our series of podcasts that accompany the report, Cyber and the CFO, Clive Webb, a Senior Insights Manager at ACCA and one of the report authors considers, with his guests, how the finance community needs to respond to the threat. To read the full report go to accaglobal.com/cyber-cfo. In the second podcast Michael Hughes, a Partner at Haines Watts, United Kingdom, a Director – ISACA Central UK and Non-Executive Director of the CyberQ Group considers the business perspective of the cyber risk. Mike explores why cyber risk is not just about data privacy and why the two are often confused. He considers how the connected world of the Internet of Things is changing the cyber risk profile for organisations.

Cyber security is one of the most significant risks that an organisation faces. ACCA and Chartered Accountants Australia and New Zealand’s recent survey of over 1,500 members suggests that it is an issue that most accountants see as belonging to somebody else. Is this valid? What is the nature of threat? In our series of podcasts that accompany the report, Cyber and the CFO, Clive Webb, a Senior Insights Manager at ACCA and one of the report authors considers, with his guests, how the finance community needs to respond to the threat. To read the full report go to accaglobal.com/cyber-cfo. This first of three podcasts features Clive’s fellow report authors, Geraldine Magarey of Chartered Accountants Australia and New Zealand and Philomena Leung and Christophe Doche both of the Optus Macquarie University’s Cyber Security Hub. We explore the nature of the risk, how it is changing and why it is important for the finance community. What is the nature and extent of the cyber threat and how it may evolve in the futu

As with any technology, with power comes responsibility. And in the case of machine learning, ethical considerations are never far away. Professional accountants need to consider and appropriately manage, potential ethical compromise from decision making by an algorithm. In this podcast, Narayanan Vaidyanathan, who is leading on ACCA's futures research is speaking to some of the leading voices in finance and digital. They talk about AI and machine learning and some of the ethical considerations that come with these emerging technologies.