It is often said you need a forensic eye for detail when grappling with compliance issues, and KPMG’s Monica Young has taken this to its logical conclusion. Moving from Romania to the US, the forensic accountant and fraud investigator is now using her skills in the firm’s Chicago office as a senior compliance expert. Read the interview
Meanwhile in Europe, CFOs are facing a tough time as they face problems with their export markets – even though the global economy is predicted to experience a soft landing rather than a full-on recession, there are still bumps in the road ahead. But apparently French luxury goods makers are still benefiting from the rising wealth of top earners around the world.
In tech developments we look at the rise of the large language models (LLMs), which underpin artificial intelligence. This might sound far from your current experience, but we learn that smaller companies will soon have access to the technologies involved, as the major tech companies develop the expertise and provide customised AI applications more widely.
We also hear about how AI is impacting professional liability amid a warning that accountants using generative AI need to embrace risk protection policies.
Finally, as we head towards ACCA’s CPD deadline, don’t forget that ACCA’s annual virtual conference ‘Accounting for the Future’ offers free CPD units and is available on demand, as is our Virtual Public Sector Conference.
