By Sameer Kamboj, SKC World
Leadership attrition refers to a phenomenon when top level management or partners exit an organisation. There are many reasons and explanations given for it by the leaders. But how do we know the exact reasons for leadership attrition, and how can one manage this kind of attrition? This article attempts to cover these questions.
By Dr Thomas Geiger, Munkert & Partner
In October 2018, the International Accounting Standards Board (IASB) issued amendments to IAS 1 and IAS 8 in the context of applying IFRS. The amendments clarify the definition of “material” and how it should be applied. More definition guidance is provided, and the accompanying explanations have been improved. Finally, the amendments ensure that the definition of “material” is consistent throughout all IFRS pronouncements. The changes are effective for periods beginning on or after January 2020, although earlier application is permitted.
By Tom Murray, Friel Stafford Chartered Accountants
Whilst many businesses started their preparation for the EU General Data Protection Regulation (GDPR) some time ago, many insolvency practitioners are now just starting to wake up to the implications caused by GDPR and are beginning to appreciate how they will have to change many of their protocols and procedures.