On 9 April 2020 the International Accounting Standards Board (IASB) published an Exposure Draft (ED), Interest Rate Benchmark Reform – Phase 2, Proposed amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16. In Singapore, the Accounting Standards Council (ASC), opened its invitation for comments on the same date. The comment periods have ended in May 2020.

Not all innovation involves large, drastic organisational changes to your business, in fact incremental innovation can be just as effective and can add huge value to your business with minimal impact on the expense items in your P&L. Karen Franks, Director of Innovation, Entrepreneurship and Learning, at Moore Stephens Australia outlines the 6C's for implementing incremental innovation into your business.

The professional financial services industry—and accounting in particular—is in a perpetual state of change. Evolutions in consumer behaviour, continuous advances in technology, and competition in myriad forms are threatening the health of any firm that fails to adapt...

With the relentless advancement of automation and machine learning, it is imperative that businesses continue to invest in innovative technologies in order to be competitive and increase efficiencies. Louise Hastings from Moore UK discusses 7 reasons why your business should consider investing in cloud accounting software.

The unleashing of COVID-19 on the world has brought about a catastrophe comparable in scale to the biblical plagues. Its far-reaching economic consequences are already evident...