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Unleashing Creativity in Auditing: Finding New Perspectives Discover how auditors can tap into their creative side to uncover innovative solutions. Learn why it's crucial for auditors to embrace new perspectives, even if it's not their natural inclination. #CreativityInAuditing #InnovationInFinance #AuditorMindset #UnconventionalApproach #ThinkingOutsideTheBox #AnalyticalThinking #FinancialExploration #AuditingTips #ProblemSolving #NewPerspectives

How to best govern a firm so that CEOs make the best decisions to create value and distribute value to shareholders? This is an old question answered many times by agency theory and governance experts of various types. But are the answers correct? Here is a blog post on research using machine learning to test the effect of various "good-governance" practices: https://lnkd.in/g2p9fr_a The answer? Most of the advice is incorrect because most governance practices have no measurable effect on profitability, leverage, and dividends. Oops. What to do? Clearly agency theory contains too much math and too few people, and it needs help from researchers who understand people better.

Adapting and evolving are essential for longevity in any industry, and the CPA profession is no different. As we witness significant transformations in the financial landscape, traditional compliance-focused roles are expanding to incorporate a more advisory-oriented approach. How can we transition from compliance roles to building a thriving advisory practice amid these shifts? The key lies in upskilling, embracing technology, and adopting a client-centric approach. Upskilling is crucial in expanding our knowledge and capabilities beyond compliance. By investing in continuous learning, we can better position ourselves to provide strategic advice that adds value to our clients. Technology, particularly automation, is disrupting the way we work. Integrating advanced tools into our practice can streamline compliance tasks and free up more time for advisory services. Lastly, adopting a client-centric approach is fundamental. Understanding our client’s unique needs and challenges allows us to provide personalized advice, foster stronger relationships, and increase client satisfaction. Adapting to these trends is not an overnight process but a strategic journey that requires commitment, patience, and perseverance. The rewards can be substantial - offering a more dynamic, fulfilling, and future-focused career path. What strategies are you employing to transition from compliance roles to advisory services? Have you embraced any new technology to help with this transition? — DM me “GUIDE” for a free Guide to Co-Managed IT. #CPATrends #AdvisoryPractice #FutureOfFinance #DigitalTransformation --------------------------------------------------------- If you like my content... 🔔 Follow me and hit my bell for 3x weekly posts on protecting your client’s sensitive data. 

Are you prioritizing ethics in your business strategy? A recent report says you should. 77% of employees might quit if their company isn’t ethically sound. Even though 95% of managers believe they’re upholding ethical business practices successfully, only 80% of workers agree. Enhanced commitment to ethical practices can boost morale, increase productivity, and improve retention. As a business owner, it's important not to overlook the significance of a strong ethical culture in driving your company's success. Unsure how to strengthen your commitment to ethical practices? Navigating this uncharted terrain can be challenging. Having lingering questions or uncertainties? A business consulting professional can provide guidance. Reflect on your current strategies, and reach out to schedule a conversation about cultivating ethical practices in your company.

Governance is the 'foundation' or 'building blocks' of a successful organization. “The three great essentials to achieve anything worthwhile are hard work, stick-to-itiveness, and common sense." - 𝘛𝘩𝘰𝘮𝘢𝘴 𝘈. 𝘌𝘥𝘪𝘴𝘰𝘯 Reflecting on these 3 building blocks relative to governance, hard work establishes the infrastructure and systems to manage operations, and guide decision-making, stick-to-itiveness involves consistent application and reinforcement, and common sense aligns actions with the company's core values and established requirements. These building blocks contribute to the overall strength and effectiveness of individuals and Organizations. 𝐇𝐚𝐫𝐝 𝐖𝐨𝐫𝐤: It's all about commitment and the effort invested in achieving goals. 𝘏𝘰𝘸 𝘥𝘰 we 𝘬𝘦𝘦𝘱 𝘥𝘳𝘪𝘷𝘦𝘯 𝘢𝘯𝘥 𝘧𝘰𝘤𝘶𝘴𝘦𝘥? 𝐒𝐭𝐢𝐜𝐤-𝐭𝐨-𝐢𝐭𝐢𝐯𝐞𝐧𝐞𝐬𝐬: Resilience and persistence are vital, especially when challenges arise. 𝘞𝘩𝘢𝘵'𝘴 our 𝘴𝘦𝘤𝘳𝘦𝘵 𝘵𝘰 𝘴𝘵𝘢𝘺𝘪𝘯𝘨 𝘥𝘦𝘵𝘦𝘳𝘮𝘪𝘯𝘦𝘥? 𝐂𝐨𝐦𝐦𝐨𝐧 𝐒𝐞𝐧𝐬𝐞: Practical and ethical decision-making is key. 𝘏𝘰𝘸 𝘥𝘰 we 𝘢𝘱𝘱𝘭𝘺 𝘴𝘰𝘶𝘯𝘥 𝘫𝘶𝘥𝘨𝘮𝘦𝘯𝘵 𝘵𝘰 𝘯𝘢𝘷𝘪𝘨𝘢𝘵𝘦 𝘵𝘩𝘳𝘰𝘶𝘨𝘩 𝘥𝘦𝘤𝘪𝘴𝘪𝘰𝘯𝘴? I am the founder of #KnowbilityConsultancy, a boutique consulting firm, which specializes in providing our clients with tailored tools for navigating and adapting to the dynamic business landscape. We empower our clients to be #intheknow, enabling them to establish and maintain robust governance. Would love to hear your answers in the comments to the above questions. Video Source: Ideatime #governance #internalaudit #riskmanagement #passionandpurpose

We are 'live' and looking forward to welcoming you to the realm of Governance Publishing, your one-stop resource for the most comprehensive governance information. Join us in fostering a hub for corporate insights and information. We encourage you to try us FREE for 3 months and explore global events, features, curated articles, and premium corporate governance content. Join us in shaping the future of governance discussions! #Governance #CorporateInsights #FreeTrial

«𝗧𝗛𝗘 𝗜𝗠𝗣𝗔𝗖𝗧 𝗢𝗙 𝗖𝗘𝗢 𝗖𝗢𝗠𝗣𝗘𝗡𝗦𝗔𝗧𝗜𝗢𝗡 𝗔𝗡𝗗 𝗚𝗢𝗩𝗘𝗥𝗡𝗔𝗡𝗖𝗘 𝗗𝗜𝗦𝗖𝗟𝗢𝗦𝗨𝗥𝗘 𝗢𝗡 𝗙𝗜𝗥𝗠 𝗩𝗔𝗟𝗨𝗘 𝗠𝗢𝗗𝗘𝗥𝗔𝗧𝗘𝗗 𝗕𝗬 𝗜𝗡𝗧𝗘𝗚𝗥𝗔𝗧𝗘𝗗 𝗥𝗘𝗣𝗢𝗥𝗧𝗜𝗡𝗚» To prove empirically the effect of #chiefexecutiveofficer (CEO) compensation and #governancedisclosure on firm value moderated by #integratedreporting (IR) is the aim of this study. The results show that firm value is influenced by #governance #disclosure and IR moderates the effect of governance disclosure on firm value, while #CEOcompensation has no effect on firm value. The practical implications of this study are to confirm the importance of corporate governance disclosure, the role of IR in increasing the value of companies, and its impact on #investment decisions. You are welcome to browse the results in the full paper ⬇️ It is also 𝙵𝚁𝙴𝙴 for reading and downloading on our website: https://lnkd.in/eysretmW Francesco Paolo Ricapito, Khalil Feghali, Kirsty Green-Mann, Zinaba ATMAN, Nermeen Shehata, Swalih M Mohammed, Riya Patel, Loai Naser, PHD, Hishan S Sanil, Mari M., Luis Yusty Pérez - Ayala, Bala Siva CPA, Giuseppe Costanzo, Dr Ifedapo Francis Awolowo, Yvette Mucharraz, DSocSci, Dr. Mohammed Sleem, PGCert, FHEA, Ph.D., M.Sc, M.Sc., Johnny Silva Mendes., Ph.D, José Monteiro _____ To submit the original manuscript to the 𝘊𝘰𝘳𝘱𝘰𝘳𝘢𝘵𝘦 𝘉𝘰𝘢𝘳𝘥: 𝘙𝘰𝘭𝘦, 𝘋𝘶𝘵𝘪𝘦𝘴 𝘢𝘯𝘥 𝘊𝘰𝘮𝘱𝘰𝘴𝘪𝘵𝘪𝘰𝘯, contact the managing editor of the journal at cb@virtusinterpress.org

Unlocking the Power of Governance Frameworks for Organizational Success Discover how organizations can leverage governance frameworks to foster accountability, transparency, and responsible decision-making. Understand why investors seek companies that align with regulations and legislation. Don't miss out on valuable insights - like, subscribe, and join us every week! #GovernanceFrameworks #OrganizationalSuccess #AccountabilityMatters #TransparentDecisions #RegulationCompliance #InvestorTargets #BusinessLegislation #CorporateGovernance #ResponsibleLeadership #InsiderInsights

Being an agile CEO involves examining your business from all angles and occasionally adapting to new strategies. Leading consultancy firms worldwide are advocating for asset-light strategies to drive growth and enhance performance. This approach considers various factors, such as market analysis, deal structuring, and core competencies, among others. EY's survey findings provide intriguing insights into this topic. Check it out... #business #hospitality #businessstrategies #EY #consultancy #growth https://lnkd.in/dg76X2S2

I am excited to share my latest research titled "Corporate Governance: An Evaluative and Evolutionary Approach", published in the International Journal of Economic Studies and Management (IJESM). This article provides an in-depth analysis of governance practices, combining both evaluative and evolutionary methods. We explore key performance indicators such as financial profitability, operational transparency, and stakeholder satisfaction. What sets this work apart is the integration of Markovian modeling, which allows for a dynamic understanding of governance evolution over time. By leveraging this dual approach, we offer insights not only into current governance practices but also into their future trajectories, making this research highly relevant for companies aiming to improve governance standards in today’s fast-evolving environment. 🔗 Read the full article here: https://lnkd.in/eCS8Vn49 #corporategovernance #research #markovianmodeling #sustainability #transparency #stakeholdersatisfaction #dynamicgovernance #publishing