Blog Article

Weekly Catch-Up 22nd March

Friday 22 March 2019

What does the future hold for CFOs?

This great podcast with Ankur Agrawal, a partner in McKinsey & Co.’s New York office covers:

  • How the CFO role is evolving and expanding.
  • How future CFOs should be preparing.
  • What technology is doing to the efficacy of finance.

Listen now

High number of unfilled accounting positions in the US

Despite low unemployment in the US, a substantial amount of accounting and finance positions remain unfilled.

The survey undertaken reported that most unfilled positions were in the corporate accounting area. There was a need stated for financial analysts, tax and general accountants and internal auditors.

Of interest was that 29% of HR professionals plan to increase their hiring in accounting over the next year.

Read more 

South African retailer Steinhoff involved in $7.4 billion accounting fraud

The CEO and seven others have been involved in a 6.5 billion euro accounting fraud. Profits have been overstated for several years with PwC carrying out the independent investigation.

The executives have now been named and it’s being stated that profits and asset values have been inflated over several years.

Read more 

£94m black hole in Patisserie Valerie Accounts

The black hole in the accounts of Patisserie Valerie are now being estimated as twice previous estimates according to KPMG.  The accounts have been overstated by up to £94m. It’s looking like the case position had been overstated by £54m and the debts overstated by £17m and a £23m discrepancy in the way it had valued its assets.

Read more

About the Author

Related Articles

Weekly Catch-Up 10th September

There are still some uncertainties around the amendments and stakeholders have until 25 September to...

Read More >

Weekly Catch-Up 29th August

The Financial Accounting Standards Board has issued a proposal which offers insurers an extra year t...

Read More >

Weekly Catch-Up 10th May

Andrew Munday, the former accountant of singer Rita Ora and rugby international Matt Dawson, has bee...

Read More >

Weekly Catch-Up 7th May

This great article looks at future projections for the profession covering 6 domains of core knowled...

Read More >

Weekly Catch-Up 14th April

If you have an accounting period beginning on or after 1 January 2019, you will likely find yourself...

Read More >

Weekly Catch-Up 6th March

Gloria Zvaravanhu who has been newly appointed as chief executive of the Institute of Chartered Acco...

Read More >

Stay Updated with IASeminars

Join 20,000+ other professionals on our global mailing list.