Because People Count
Without human capital, there is no capital
Season 2, Ep. 9
As the Covid-19 pandemic and remote working continue into 2021, we cover mental health at work in this episode. We spoke to Vic Petri, CEO and Founder of Performance Innovations and former Partner at PwC, to learn about how to maintain motivation and drive. He was a global lead on human capital, focused on resolving mental health issues to guide teams to better performance and a healthier work environment. He discusses how to face mental health issues during an ongoing worldwide pandemic and also how the accountancy profession must embrace change to be ready for the future. He urges a fundamental shift in the leadership paradigm, where the leader serves the team, not the other way around. Tune in if you want to know what the accountancy profession can learn from the military and sport teams, and why our biggest goal should be to be ‘in flow’.Links to check out:Vic Petri on LinkedIn
Time to build back better corporate governance
Season 2, Ep. 8
In our first episode of 2021, Mathilde Mesnard, Deputy Director for Financial and Enterprise Affairs at the OECD, discusses the global debate around corporate governance. She breaks down the incremental changes that businesses have made to become more responsible and sustainable, but she sees now, that a more fundamental shift is necessary. She sees the need for system change, re-focusing corporate purpose on environmental, social and governance (ESG) matters . We also touch upon the work being done at EU level to advance this discussion and create new norms for businesses.Last November, we discussed the work at EU level to embed sustainability at the heart of business decision-making when we interviewed Olivier Boutellis-Taft CEO at Accountancy Europe. That episode is a good companion to this discussion, and I suggest you give it a listen.Links to check out:10 ideas to make corporate governance a driver of a sustainable economyThe OECD's work on corporate governanceOECD Business and Finance Outlook 2020 - Sustainable and Resilient Finance
Ethics, digitalisation and accounting
Season 2, Ep. 7
In our final episode of 2020, we speak with Brian Friedrich, board member of the International Ethics Standards Board (IESBA). Brian focuses on the digitalisation of the accountancy profession and the role of ethics in the digital transition. During this episode, Brain delves deeper into how IESBA interacts with the work of accountants and auditors and how working with an international code of ethics provides support for new technology-driven services. We also discuss the importance of transparency, accountability and data privacy more broadly within the profession.
Corporate governance for a sustainable economy
Season 2, Ep. 6
In this episode, we speak with Accountancy Europe’s CEO, Olivier Boutellis-Taft, on the importance of corporate governance in paving the way for a sustainable economy. Olivier emphasises the urgency of the current environmental social and governance crises, which have become even more apparent since the Covid-19 pandemic began. He explains how sustainable corporate governance can be instrumental in keeping businesses and the economy functioning. Olivier makes reference to the European Commission’s Action Plan on Corporate Governance and notes the role that accountants can play at all levels in corporate governance.Links to items referred to in this episode:10 ideas to make corporate governance a driver of a sustainable economyConsultation response: EC roadmap on sustainable corporate governanceBlogpost: What COVID-19 made clear: corporate governance needs to focus on the right risksSee all of Accountancy Europe's work on corporate governance
Sustainable finance – an inside look
Season 2, Ep. 5
Our latest episode is an exclusive discussion with the Chair of Accountancy Europe’s Sustainable Finance Group, Wim Bartels and the Vice-Chair of the same group, Rami Feghali. In this episode, we learn about how the accountancy profession is preparing for the EU’s shift to sustainable finance. Specifically, they address what is being done on the side of accountants to accommodate sustainability into corporate reporting. They discuss the practical challenges and opportunities for the profession which includes non-financial reporting & assurance and non-financial reporting standards. Please note that there are 3 key acronyms frequently mentioned throughout: ESG (Environmental, Social & Government), NFRD (non-financial reporting directive) and IAASB (International Auditing and Assurance Standards Board).
The European Commission’s take on ESEF
Season 2, Ep. 4
In this episode, we bring you highlights from a speech made by the European Commission’s Alain Deckers about the European Single Electronic Format (ESEF). He is the Head of Unit for Corporate reporting, Audit and Credit Rating Agencies in DG FISMA at the European Commission and he spoke at our Implementing ESEF webinar. Alain discusses the importance of sustainability and digitisation for the EU agenda and how ESEF fits into this larger picture. He further explains the possibility of a delay with ESEF, how it fits into the capital markets union (CMU) action plan and the European Single Access Point (ESAP). He mentions the Commission’s interpretive communication, and notes that this will likely provide more clarity on the audit of ESEF.
SMEs: What's next?
Season 2, Ep. 3
In this episode we speak with the digital expert of the Accountancy Europe SME team, Martin de Bie. Martin talks to us about the digital transition of small and medium-sized enterprises (SMEs) and how going digital is the best chance for SMEs to stay competitive in a modern economy. He further discusses the main challenges between SMEs and digitalisation, the risks involved with insolvency and SMEs as well ways in which accountants can best adapt to the evolving environment. Have a listen to also find out about what can be done to avoid an SME crash post-Covid-19 and how Accountancy Europe can help support SMEs across Europe.
Accountants & the fight against financial crime (Part 2)
Season 2, Ep. 2
In Part 2 of our conversation with the Chair of Accountancy Europe's anti-money laundering (AML) working party, Angela Foyle, we discuss the role of accountants in the fight against financial crime. Angela discusses the public responsibility of accountants in AML, the need for a multidisciplinary supervisor to regulate the financial sector as well as the importance of ensuring cooperation continues between the EU and the accountancy profession. Angela also explains how the Covid-19 pandemic has directly impacted the fight against financial crime and how accountants can help mitigate the new risks.
The EU & the fight against financial crime (Part 1)
Season 2, Ep. 1
Accountancy Europe’s podcast Because People Count is back! With the European Commission President citing anti-money laundering (AML) as a priority in her state of the union letter of intent, we delve into the fight against financial crime with Angela Foyle, Chair of Accountancy Europe’s AML working party.The first part of this interview focuses on AML within the European Union, specifically the European Commission’s AML action plan and why it is important for the EU to implement this. Angela further explores the reasons behind the push for an AML focused agenda, as well as a background of the development of AML from a EU perspective and broader implications of money laundering for EU financial markets.