Associated tags: Accountant, ACCA, Research, Institute of Management Accountants, IMA
Locations: UKRAINE, CANADA, US, PAKISTAN, ISRAEL, EA, NEW YORK, INDIA, NEW JERSEY, ASIA, MIDDLE EAST, AFRICA, NORTH AMERICA
Institute of Management Accountants,
Federal Reserve,
ACCA,
News,
Federal,
Doctor of Philosophy,
CMA,
IMA,
Employment,
CPA,
Optimism,
Computer security,
Accountant,
Growth,
CIA,
Tourism NEW YORK and MONTVALE, N.J., April 11, 2024 /PRNewswire/ -- Accountants and finance professionals are more confident in the global economy than they have been since Q2 2023. The latest ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute of Management Accountants) Global Economic Conditions Survey (GECS) saw a moderate increase in confidence to put the index just above its historical average. Add in small increases to the New Orders and Employment indices – both of which are slightly above their averages – and a positive picture emerges of a gradually improving economic outlook. That said, there was a small decline in the Capital Expenditure Index, which remains below average.
Key Points:
- That said, there was a small decline in the Capital Expenditure Index, which remains below average.
- Finance professionals are more confident in the global economy than they have been since Q2 2023.
- The moderate rise in confidence in Western Europe also suggests that growth may be gradually improving from the weakness of recent quarters.
- Moreover, the elevated level of concerns about costs suggests that the major central banks should proceed very cautiously with any monetary easing."
Technology,
Construction & Property,
HVAC,
Manufacturing,
Building Systems,
Software,
Machine Tools, Metalworking & Metallurgy,
Architecture,
Electronic Design Automation,
Power,
Air conditioning,
Residential area,
Conduit,
ACCA,
Life expectancy Conduit Tech, Inc. (Conduit Tech), a start-up building tools to generate sales and reduce unbillable work for Residential HVAC Pros, today announced that it has received a Powered by ACCA Manual J® Approval from the Air Conditioning Contractors of America (ACCA).
Key Points:
- Conduit Tech, Inc. (Conduit Tech), a start-up building tools to generate sales and reduce unbillable work for Residential HVAC Pros, today announced that it has received a Powered by ACCA Manual J® Approval from the Air Conditioning Contractors of America (ACCA).
- Shelby Breger and Marisa Reddy founded Conduit Tech in 2022 to make it easier for all HVAC Pros to quickly and profitably design, sell, and install high-efficiency and comfortable HVAC systems.
- Conduit’s receipt of the Powered by ACCA Manual J® Approval is the latest milestone enabling Conduit to accelerate its mission to empower thousands of HVAC Pros to install the most efficient and comfortable equipment in millions of homes.
- We’re pleased that Conduit Tech has put the effort in to earn ACCA approval for their software.”
Retrieved on:
Tuesday, February 13, 2024
Behavior,
Knowledge,
Culture,
Motivation,
Accountant,
Publication,
ACCA,
Credit Suisse,
SVB,
Policy,
Risk,
Risk management,
Cryptocurrency NEW YORK, Feb. 13, 2024 /PRNewswire/ -- A new report released today by ACCA (the Association of Chartered Certified Accountants) examines the impact of risk cultures in the banking industry and how financial institutions can learn from the failures of the likes of Credit Suisse and SVB.
Key Points:
- Part of ACCA's ongoing series of publications exploring what drives risk governance and cultures across different industries, the report "Risk cultures in banking: Where next?"
- sheds new light on the pressing need for the banking sector to adapt and innovate risk governance and culture.
- A strong risk culture supports this, ensuring trust in information for resilience and prudent risk taking."
- By sharing stories, they can raise risk awareness, promote new insights, and influence organisational performance, which is what effective risk cultures are all about," she adds.
Retrieved on:
Wednesday, February 7, 2024
NEW YORK, Feb. 7, 2024 /PRNewswire/ -- The biggest global talent survey across the accountancy profession, released today by ACCA (the Association of Chartered Certified Accountants), provides a wake-up call for employers on diversity and inclusion, hybrid work, and the cost of living. The latest annual Global Talent Trends Survey 2024 provides a unique and vital view of how people feel about their life at work.
Key Points:
- The latest annual Global Talent Trends Survey 2024 provides a unique and vital view of how people feel about their life at work.
- Six key themes emerged from the survey this year:
71% of those surveyed in North America believe that a strong diversity and inclusion culture would be a key factor in deciding to work at an organization.
- Employers have more to do on diversity though as 38% of employees believe their organization focuses more on certain aspects of diversity than others.
- Employers are excited by the opportunity AI offers with 75% believing it will enable finance professionals to add more value.
Retrieved on:
Wednesday, January 31, 2024
Accountant,
Seed,
ACCA,
Growth,
European,
European Parliament,
CFOS,
Uncertainty,
AI,
Ashworth,
Risk NEW YORK, Jan. 31, 2024 /PRNewswire/ -- A new annual economic outlook report, released today by ACCA (the Association of Chartered Certified Accountants), looks at the prospects and major risks for the global economy and key countries. The report, '2024 Global Economic Outlook: Slow Growth, High Uncertainty,' sets out the key events to watch in a year packed with elections; examines three trends to watch closely; and interviews chief financial officers from across the globe.
Key Points:
- The report, ' 2024 Global Economic Outlook: Slow Growth, High Uncertainty ,' sets out the key events to watch in a year packed with elections; examines three trends to watch closely; and interviews chief financial officers from across the globe.
- Jonathan Ashworth, Chief Economist at ACCA and author of the report, said: 'The global economy looks set to grow slowly once again in 2024, and the risks are skewed to the downside.
- The lagged impact of past monetary tightening could lead to an even more pronounced slowing in growth, and geopolitical risks remain very heightened.
- Meanwhile, caution was the watch word from CFOs given the challenging global economic backdrop and the geopolitical developments and elections in many countries.
Retrieved on:
Thursday, January 18, 2024
NEW YORK and MONTVALE, N.J., Jan. 18, 2024 /PRNewswire/ -- The ACCA and IMA® (Institute of Management Accountants) Global Economic Conditions Survey (GECS) shows confidence rebounded sharply in North America in Q4 in 2023, after a large fall in Q3. Confidence declined among accountants globally for the third consecutive quarter, consistent with a further moderation in global growth. The survey doesn't suggest that a major downturn is on the cards though.
Key Points:
- Confidence declined among accountants globally for the third consecutive quarter, consistent with a further moderation in global growth.
- The survey recorded divergent changes in confidence at regional levels with improvements in South Asia and the Middle East, in addition to North America.
- Global accountancy professionals ranked economic risks, talent retention, and regulatory change as their top three risks, according to the risks section of the survey.
- Regulatory change, cybersecurity, and economic risks were listed as the top three risks reported in the survey twelve months ago.
Retrieved on:
Thursday, October 26, 2023
Federal Reserve Bank of New York,
Policy,
Accountant,
Federal Reserve,
Fear,
Research,
ACCA,
Institute of Management Accountants,
IMA,
Employment,
Weakness,
Online shopping,
Drug,
New Order (Indonesia) NEW YORK and MONTVALE, N.J., Oct. 26, 2023 /PRNewswire/ -- Financial professionals expressed a notable reduction in economic confidence in North America in Q2, with mixed results elsewhere, according to the latest Global Economic Conditions Survey (GECS) by ACCA (the Association of Chartered Certified Accountants) and IMA® (Institute of Management Accountants).
Key Points:
- NEW YORK and MONTVALE, N.J., Oct. 26, 2023 /PRNewswire/ -- Financial professionals expressed a notable reduction in economic confidence in North America in Q2, with mixed results elsewhere, according to the latest Global Economic Conditions Survey (GECS) by ACCA (the Association of Chartered Certified Accountants) and IMA ® (Institute of Management Accountants) .
- The survey shows that confidence declined in the U.S. but was not as marked as North America's overall fall of almost 20 points.
- While global confidence declined modestly, it remains higher than a year earlier, and only slightly below its long-term average.
- Dr. Susie Duong, senior director of research and thought leadership at IMA, said: "The fall in confidence in North America of almost 20 points stands out.
Face,
Workplace,
Woman,
Head,
Job satisfaction,
Accountant,
Public sector,
Organization,
Interface (computing),
ACCA,
Mental health,
Creative industries,
Nursing NEW YORK, Aug. 22, 2023 /PRNewswire/ -- A new report released today by ACCA (the Association of Chartered Certified Accountants) explores key talent issues in the workplace among finance professionals across the Americas (including North America, Central and South America, and the Caribbean). Concerns over inflation and preference for remote work emerged as top issues in the research—informed by a global survey and local roundtables—and the report found that high levels of mobility may drive a possible talent crunch in the sector.
Key Points:
- The survey identified the impact of inflation on employees' real wages as the leading work-related concern for the future—both globally and across the Americas.
- The impact of inflation also consistently ranks as the leading concern across all generations by both men and women, and as the leading concern across many sectors.
- "We have been hearing from employers their concerns about talent retention in the face of growing wage pressures," said Jillian Couse, head of ACCA North America.
- "Employers must continue to find ways to attract and retain talent in order to service the growing demands of the profession."
Fed,
Employment,
Policy,
IMA,
Research,
Bank of England,
Accountant,
ECB,
Institute of Management Accountants,
ACCA,
Growth,
Online shopping,
Tourism,
Q2 Sentiment at the global level remains around its long-term average, as do the key indices--new orders, Capital expenditure and employment--while those key indices rose in the North American market. In contrast, confidence fell sharply in Asia Pacific and export-sensitive Western Europe.
Key Points:
- Finance professionals' economic confidence continued rising in North America through Q2 despite stalling globally.
- Published quarterly, GECS is the largest regular economic survey of accountants carried out globally.
- The report explores how ongoing aggressive interest rate hikes by central banks, and China's weaker than expected economic recovery, have likely weighed on confidence.
- Indices measuring global problems accessing finance and securing prompt payment both deteriorated in Q2, although neither looks particularly worrying yet by historical standards.
Workplace,
Perception,
Research,
Element,
CFOS,
Accountant,
CVO,
Organization,
Business administration,
BDO,
Nature,
ACCA,
CFO,
ESG,
Management "Our research uncovered that CFOs are increasingly adopting a value centric approach to their work, representing an evolution towards a Chief Value Officer (CVO) role," says Barbara Palmegiani, Partner and National CFO Service Leader at BDO Canada.
Key Points:
- "Our research uncovered that CFOs are increasingly adopting a value centric approach to their work, representing an evolution towards a Chief Value Officer (CVO) role," says Barbara Palmegiani, Partner and National CFO Service Leader at BDO Canada.
- More than 100 CFOs and business leaders from around the world, including Canada, took part in roundtables and in-depth interviews to contribute their insights.
- The CFO/CVO is instrumental in establishing the metrics through which an organization will measure its success at achieving its defined value.
- Now there's a real opportunity for them to satisfy the value agenda and evolve the role for the next generation of CFOs."
