A man is seen talking in the window of the Australia Securities Exchange in Sydney.

Announced in April, the Australian financial regulator's CP 340 goes into effect in October. ASIC's breach reporting update is going to make life more difficult and potentially more confusing for compliance officers at financial institutions across the country. The Australian Securities and Investments Commission (ASIC) released its new breach-related obligations on April 2021 with CP (consultation paper) 340. The new...

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When managing global operations, companies must prepare two different accounting books for each country: one for internal reporting and one for local compliance purposes. weConnect’s Matthew Kyle explains how companies can avoid huge headaches and audit issues by marrying management and statutory accounting. Sponsored The Difference Between Management Accounting and Statutory Accounting As you may know, “statutory accounting” is the...

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Abstract design of AI in hiring

There's no doubt that AI in hiring has the potential make HR processes more efficient. But implementing this technology also carries with it significant risks that can nullify any workflow gains and carry outsized downstream consequences. Artificial intelligence (AI) technologies hold so much promise for the workplace. Technologies exist that can (at least in theory) improve productivity, reduce or eliminate...

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A zoom background is distorted, indicating fatigue and issues.

The continued reliance on digital chat platforms is causing small and local governments to struggle to fulfill basic functions of open government. Marc Gilman provides a rundown of the situation and potential solutions. The reliance on videoconferencing platforms to conduct routine business continues to bottleneck the work of small and local governments (SALGs). Besides adding complexity, the communications on these...

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