CGMA

Sustainability Reporting and Assurance Practices of Largest Global Companies Continue to Mature, IFAC, AICPA & CIMA Study Shows

Retrieved on: 
Thursday, February 22, 2024
AICPA, CGMA, CPA, TCFD, Sustainability accounting, Disclosure, ISSB, Consultant, Policy, Task force, CIMA, Bank statement, Research

While progress is being made, the report, The State of Play: Sustainability Disclosure and Assurance 2019-2022, Trends and Analysis , highlights the need for companies worldwide to move toward a global system of sustainability disclosure requirements.

Key Points: 
  • While progress is being made, the report, The State of Play: Sustainability Disclosure and Assurance 2019-2022, Trends and Analysis , highlights the need for companies worldwide to move toward a global system of sustainability disclosure requirements.
  • "That leaves investors and lenders in a bind when it comes to having consistent, comparable and high-quality sustainability information at hand."
  • Among the highlights of the updated study:
    Almost all companies (98%) report some information on sustainability.
  • Only 30% of companies used a standalone sustainability report in 2022, reflecting the growing inclusion of that information in companies' annual or integrated reports.

The Institute of Internal Auditors to hold 'Great Audit Minds' Conference March 11-13

Retrieved on: 
Thursday, February 1, 2024
Knowledge, Research, AI, Benchmarking, Internal audit, GAM, CPA, Institute of Internal Auditors, Pulse, Audit management, IIA, Artificial intelligence, CGMA, CITP, Communication, Education, CIA, Conference, Organization, Audit

LAKE MARY, Fla., Feb. 1, 2024 /PRNewswire/ -- The Institute of Internal Auditors (The IIA) – the internal audit profession's leader in standards, certifications, education, research, and technical guidance worldwide – will host its Great Audit Minds (GAM) Conference March 11-13 in Las Vegas, Nevada.

Key Points: 
  • LAKE MARY, Fla., Feb. 1, 2024 /PRNewswire/ -- The Institute of Internal Auditors (The IIA) – the internal audit profession's leader in standards, certifications, education, research, and technical guidance worldwide – will host its Great Audit Minds (GAM) Conference March 11-13 in Las Vegas, Nevada.
  • This year's conference will explore emerging topics and provide attendees with the insights, tools, and knowledge necessary to add value to their organizations.
  • The conference boasts 55 concurrent sessions spotlighting emerging topics in the internal audit profession, including:
    An update on the state of the internal audit profession and risk landscape from IIA President and CEO Anthony J. Pugliese.
  • The interactive session will draw upon the new Global Internal Audit Standards to focus on how internal auditors can improve their planning and operations when performing internal audit services and communicating their findings.

The IIA Releases New Global Internal Audit Standards to Lead Profession into the Future

Retrieved on: 
Tuesday, January 9, 2024
CIA, Volunteering, Research, International, Feedback, CPA, Institute of Internal Auditors, IIA, CGMA, CITP, Organization, Public sector, News, Education, Audit

LAKE MARY, Fla., Jan. 9, 2024 /PRNewswire/ -- The Institute of Internal Auditors (The IIA) – the internal audit profession's leader in standards, certifications, education, research, and technical guidance worldwide – today released its new Global Internal Audit Standards™.

Key Points: 
  • "The new Global Internal Audit Standards meet an urgent professional and marketplace need," said Anthony Pugliese, CIA, CPA, CGMA, CITP, President and CEO of The IIA.
  • The Global Internal Audit Standards become effective in January 2025, 12 months after their release, though The IIA encourages early adoption.
  • "Today's release of the new Global Internal Audit Standards is a tremendous milestone for the internal audit profession," said Naohiro Mouri, CIA, CPA, chairman of the International Internal Audit Standards Board (IIASB).
  • A free webinar – Get to Know the Global Internal Audit Standards – is being offered to IIA members and nonmembers on January 24.

Delta Dental of Tennessee’s Jeff Ballard Assumes President & CEO Role

Retrieved on: 
Wednesday, January 3, 2024
Health, Professional Services, Dental, Insurance, Managed Care, American City Business Journals, Multimedia, Business, CPA, CFO, Government, Dentist, Nashville, Tennessee, Education, Delta Dental, University, Growth, Finance, Risk management, Organization, CGMA, Management

Jeff Ballard, CPA, CGMA, has formally taken on the role as Delta Dental of Tennessee’s new CEO, the company announced.

Key Points: 
  • Jeff Ballard, CPA, CGMA, has formally taken on the role as Delta Dental of Tennessee’s new CEO, the company announced.
  • Ballard joined Delta Dental in 2015 as Chief Financial Officer and was elevated to president in 2022.
  • View the full release here: https://www.businesswire.com/news/home/20240103799393/en/
    Jeff Ballard, President and CEO, Delta Dental of Tennessee (Photo: Business Wire)
    “I am honored to lead an organization that works every day to help improve the health of all Tennesseans,” said Ballard.
  • As part of the Delta Dental Plans Association, Delta Dental of Tennessee members have access to the largest dental network in the nation with more than 154,000 providers serving more than 443,000 locations.

Horizon Aircraft Announces Board of Directors for Post-Merger Public Company

Retrieved on: 
Tuesday, January 2, 2024
Aircraft, Marketing, Risk, Royal Roads University, Audit committee, CPA, Royal Canadian Air Force, Mobile, Commerce, Aeronautics, Aviation management, Bachelor of Commerce, International Space Station, Chartered accountant, Distinction, Vertical, National security, MBA, University, Knowledge, Mechanical, Embry–Riddle Aeronautical University, Health care, Ernst & Young, Master of Accountancy, Bachelor, Royal Military College, SPS, Toronto Stock Exchange, CGMA, Education, F-35, Pono, Partnership, CF-18, Acquisition, City, Business administration, Bachelor of Education, ERAU, Advanced Air Mobility, Controller, Creighton University, TSX, Management

TORONTO, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Robinson Aircraft Ltd., doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, which previously announced that it would become a public company via a business combination with publicly-traded special purpose acquisition company, Pono Capital Three, Inc. (“Pono”)(Nasdaq: PTHR), today announced its Board of Directors, effective at the closing of its business combination.

Key Points: 
  • ~ Board Announced in Anticipation of January 2024 Merger Between Horizon Aircraft and Pono Capital Three, Inc. ~
    TORONTO, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Robinson Aircraft Ltd., doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, which previously announced that it would become a public company via a business combination with publicly-traded special purpose acquisition company, Pono Capital Three, Inc. (“Pono”)(Nasdaq: PTHR), today announced its Board of Directors, effective at the closing of its business combination.
  • The post-merger Horizon Aircraft Board of Directors will be led by Brandon Robinson, Founder and Chief Executive Officer of Horizon and is comprised of five (5) directors that bring considerable field operations, corporate governance and executive management experience across the aviation and technology sectors.
  • Brandon Robinson, Founder, Chief Executive Officer and Chairman of Horizon Aircraft commented, “We are grateful to have inspired both experienced public and private company executives to help shape the trajectory of Horizon Aircraft.
  • I look forward to working in partnership with this elite group to continue the development of our groundbreaking technology.”
    The composition of the post-merger Horizon Aircraft Board of Directors includes:
    Brandon is the co-founder and CEO of Horizon Aircraft.

AM Resources Makes Changes to Management and Board

Retrieved on: 
Tuesday, November 14, 2023
Tata Steel, Research, Risk management, CFO, Corporation, Certified Public Accountant, DSO, CMA, Nippon Steel, CGMA, AMR, MBA, Financial management, CPA, Lithium, May 2, Stall, Legend, Mining

AM Resources has also named Julien Desrosiers and Martin Nicoletti as directors of the Corporation.

Key Points: 
  • AM Resources has also named Julien Desrosiers and Martin Nicoletti as directors of the Corporation.
  • David Grondin, CEO of AM Resources, commented, “We have decided to change the focus of our activities to the exploration and development of our promising lithium properties in Austria, and have made management and board changes to reflect this new reality.
  • As shown by our latest share option agreements, we are fully committed to making a success of AM Resources.
  • Early in his career, he gained experience in risk management, mining investments, and mining management by operating diamond drill rigs in North America.

Mountain Valley MD Announces Planned Appointment of New CFO Effective January 15, 2024

Retrieved on: 
Friday, December 15, 2023
Veterinary, Research, Vitamins, Supplements, Biotechnology, Health, Pharmaceutical, Agriculture, Science, Natural Resources, Acquisition, CSE, Bank, CFO, Executive, FRA, BofA Securities, Morgan Stanley, McGill University, Option, USD, CGMA, MBA, Chartered Global Management Accountant, Nankai University, Growth, Family, CNY, Initial public offering, Management, Biology, Far East

Mountain Valley MD Holdings Inc. (the “Company” or “MVMD”) (CSE: MVMD) (OTCQB: MVMDF) (FRA: 20MP) is pleased to announce the appointment of Yong Yao to the role of Chief Financial Officer effective January 15, 2024.

Key Points: 
  • Mountain Valley MD Holdings Inc. (the “Company” or “MVMD”) (CSE: MVMD) (OTCQB: MVMDF) (FRA: 20MP) is pleased to announce the appointment of Yong Yao to the role of Chief Financial Officer effective January 15, 2024.
  • Ms. Letellier will continue to serve as the Company’s Chief Financial Officer until January 15, 2024 and assist with the transition to the new CFO.
  • The Company extends its appreciation to outgoing CFO Lucie Letellier for her contributions to the Company.
  • “We are grateful for her support of MVMD and willingness to manage through this transition window to minimize any potential disruption to the business.”

Business Executives' Mixed View on Economy Reflects Continued Uncertainty, AICPA & CIMA Survey Finds

Retrieved on: 
Thursday, December 7, 2023
AICPA, Growth, CIMA, Optimism, Management, Video game, CGMA

NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Business executives don't have a strong sense of where the economy is headed, and their mixed-bag outlook reflects that, according to the fourth-quarter AICPA & CIMA Economic Outlook Survey .

Key Points: 
  • NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Business executives don't have a strong sense of where the economy is headed, and their mixed-bag outlook reflects that, according to the fourth-quarter AICPA & CIMA Economic Outlook Survey .
  • Inflation returned as the top concern cited by business executives after falling to No.
  • The AICPA survey is a forward-looking indicator that tracks hiring and business-related expectations for the next 12 months.
  • Some 28% of business executives said they expected their companies to raise prices by year end, down from 37% last quarter.

#GivingTuesday: Military Aid Societies Ready for Round 2

Retrieved on: 
Monday, November 20, 2023
GivingTuesday, United States Coast Guard, AFAS, Air Force Aid Society, CGMA, Social media, Army, Veteran, Coast Guard Mutual Assistance, Navy-Marine Corps Relief Society, AER, Military personnel, Volunteering, Management

WASHINGTON, Nov. 20, 2023 /PRNewswire-PRWeb/ -- On November 28th, the combined forces of Navy-Marine Corps Relief Society (NMCRS), Air Force Aid Society (AFAS), Army Emergency Relief (AER), and Coast Guard Mutual Assistance (CGMA) have announced their intent to engage in the #Battle4BraggingRights for the second consecutive year on #GivingTuesday. The mission remains the same: secure essential funds to provide service members and their families with vital emergency relief, financial support and educational resources.

Key Points: 
  • Military Aid Societies are poised to embark on their second annual fundraising battle, setting the stage for the #Battle4BraggingRights, where they will vie for supremacy in contributions.
  • Supporters are encouraged to visit Battle4BraggingRights.com , where they can allocate their contributions to one of the four Military Aid Societies.
  • This substantial matching pledge guarantees that donations to these transformative Military Aid Societies will yield double the impact for military members, veterans and their families.
  • To make a donation, and have it doubled for your favorite Military Aid Society, be sure to visit Battle4BraggingRights.com this #GivingTuesday on November 28th, 2023.

Majority of Global Boards and Executives Sense an Increased Risk Environment, Finds AICPA & CIMA and NC State University Report

Retrieved on: 
Tuesday, October 31, 2023
Enterprise risk management, AICPA, MTV Europe Music Award for Best Africa, Middle East and India Act, North Carolina State University, Organization, Research, Management accounting, CIMA, Risk management, ERM, Risk, Business, Initiative, CGMA, The Brickyard (NC State), Accounting, Management

NEW YORK, Oct. 31, 2023 /PRNewswire/ -- The latest report by AICPA & CIMA and NC State's Enterprise Risk Management (ERM) Initiative has identified a worrying immaturity of ERM processes and a lack of understanding by executives and boards of the strategic value of an effective risk oversight process. At the same time the research showed a significant increase in the level and complexity of risks their organizations are facing.

Key Points: 
  • The report found that 68 percent of respondents sense volume and complexities of risk increasing.
  • However, only 31 percent describe their organization's risk oversight practices as "mature" or "robust."
  • The 2023 Global State of Risk Oversight: Managing the Rapidly Evolving Risk Landscape includes insights from a survey of 983 global senior finance and business leaders conducted in 2023.
  • The occurrence of an actual significant risk event suggests a potential breakdown in the organizations' risk management processes.