President Biden has picked Allison Herren Lee, a member of the Securities and Exchange Commission, as the acting chair of the SEC, as nominee Gary Gensler waits in the wings as a more permanent chair once he is confirmed by the Senate. Biden names acting chair for SEC → | By Michael Cohn 4 min read | President Biden has picked Allison Herren Lee, a member of the Securities and Exchange Commission, as the acting chair of the SEC, as nominee Gary Gensler waits in the wings as a more permanent chair once he is confirmed by the Senate. | |
| Accountants and AI | Artificial intelligence is something of a black box for accountants, combining theoretical opportunities with a lot of vague threats of disintermediation. This special collection peeks inside the box to get at the exciting truth. | |
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| | Finance execs see pain points in internal controls reporting → | By Michael Cohn 4 min read | Financial executives feel that the requirements for documenting their organization’s internal controls are getting to be too much and many of them are behind the curve when it comes to applying technology for internal control over financial reporting, according to a new report. | |
IIRC revises integrated reporting framework → | By Michael Cohn 5 min read | The International Integrated Reporting Council has published its revised Integrated Reporting Framework, incorporating some major changes since the IR Framework was first published in 2013. | | ACCA finds mixed views on diversity in the accounting profession → | By Michael Cohn 3 min read | The Association of Chartered Certified Accountants found the majority of accountants internationally believe they are in an inclusive profession, but nearly two-thirds think the profession still has an issue to deal with when it comes to diversity. | | |