Exploring the future of audit

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Reporting magazine brings together insights and ideas that will interest, inform and inspire business leaders. It’s about more than the numbers, examining reporting in its broadest sense.

The tenth edition of Reporting investigates the future of audit and examines new requirements that will impact on the work of the auditor. We look at the introduction of new accounting standards, analyze the training offered to finance recruits and discuss whether there should be greater reporting of workforce issues.

Features in the current issue include:

Key issues: Reporting’s cover feature explains why management and audit committees shouldn’t fear the introduction of new auditor reporting standards and, particularly, the Key Audit Matters section

Futureproofing the finance function: As the global business landscape changes, so do the demands placed on finance professionals. We examine how the training of those entering the profession is adapting to ensure they have the skills to face the future with confidence.

The wish list of Shonaid Jemmett-Page: Experienced non-executive director Shonaid Jemmett-Page shares her thoughts on corporate governance and communications, and what the West can learn from Asia.

Simone Menne: The high flyer: The CFO of Lufthansa discusses the changing role of the modern CFO, the pressures of serving on the board of an airline and gender issues in the German business world.

A land of contrasts and opportunities: Thanks to political and economic reforms, Myanmar is now “open for business” after many years of international trade sanctions. We look at the opportunities for foreign investment and assess the current state of the economy.

Five things Jennifer Cabalquinto has learned: The CFO of US professional basketball team the Golden State Warriors selects some of the lessons from her career so far.

Lease agreement: The new lease accounting standard will have a significant impact on financial statements under both IFRS and US GAAP. We explain why it is important to start preparing for the standard now.

The missing piece of the jigsaw: Joanne Segars, Chief Executive of the National Association of Pension Funds, explains why better reporting of the workforce would be good for long-term investors, companies themselves and the wider economy.