Executive pay is under intense scrutiny internationally by governments, the media and social commentators. This CIMA paper offers principles that should underpin remuneration schemes, reassuring stakeholders that performance-related pay reinforces behaviours that create long-term sustainability.
CIMA's paper analyses how management accountants often seem to follow (or in some cases adapt) to wider changes in society — whether that’s changes in personality types coming into the profession or changes in business structures.
Management accountants have a key role to play in driving sustainable strategic and operational decisions. But CIMA’s research shows that even where finance teams are engaged in climate change related activities, it has often been on an ad hoc basis.
CIMA’s report investigates how despite the serious risk that fraud presents to business, many organisations still do not have formal systems and procedures in place to prevent, detect and respond to fraud.
Are there bottom-line benefits to maintaining high ethical standards? CIMA’s paper sets out how finance professionals can shape their organisations’ ethical agendas and incorporate ethics into strategy to ensure longâ€‘