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A strong finance function with access to real-time information has been a critical factor for businesses over the past two years as they faced many challenges because of the pandemic. While the situation was out of their control, it highlighted the importance of being proactive rather than reactive, and businesses had to learn and adapt the way they worked by making changes and being innovative.

The Financial Reporting Council (FRC) has clarified that climate-related reporting in financial statements will be a key focus area for the regulator this year.

While the finance department will always be required to provide the core responsibilities of operational finance, including reporting and budgeting, organisations are increasingly looking to finance to play a role that goes beyond the traditional remit of the team.

A significant topic in all boardrooms at the moment is the impact of sustainable strategy on business operations and reporting.

The best-informed decisions usually depend on having relevant data. So, when time is short and there are competing priorities for your attention, how do you make sure that you focus on the key metrics for your organisation, rather than getting lost in a deluge of data which isn’t necessarily all relevant?

Businesses had to learn to react quickly to change during the pandemic, with many having to rethink how they worked, and move towards a digital world.

Even before the arrival of Covid-19, forward-thinking charitable organisations had already begun to consider how to diversify their income streams. They were looking to step away from traditional fundraising methods, as the early warning signs indicated a waning public appetite for direct debits and voluntary donations