innovation audit

Audit expertise holds the key for fair deal valuation

New research by Bayes Business School (formerly Cass) shows that accounting firms leverage their auditing expertise to produce fairer target valuations on mergers and acquisitions (M&A) than investment banks. ‘Accounting Firms in the European M&A Advisory Market’ by Dr Pawel Bilinski, Reader in Finance and Dr Andrew Yim, Senior Lecturer in Accounting at Bayes Business School (formerly Cass), shows the Read more about Audit expertise holds the key for fair deal valuation[…]

Business Intelligence (BI) and analytics play a key role in strategy work

However, business intelligence is not just a data mass that supplements strategy or a self-evident prop, but, together with the predictions generated by new algorithms and computational models, it can even act as a driving force or “prime mover” in strategy formation, according to Yassine Talaoui‘s doctoral thesis at the University of Vaasa. Business intelligence is Read more about Business Intelligence (BI) and analytics play a key role in strategy work[…]

Research in the time of COVID-19 and beyond

COVID-19 has disrupted financial statement auditing globally and impacted group dynamics in an industry vital to the health of the economy, according to a new study. Pre-pandemic, core audit teams traditionally worked together on-site at the client’s workplace, often sharing a meeting space as the team’s basecamp—increasing team trust, identity, and potentially effectiveness. The pandemic Read more about Research in the time of COVID-19 and beyond[…]

innovation audit

EU support to help small businesses go international needs better management and visibility

The European Commission has identified the main barriers to the internationalisation of the EU’s small and medium-sized enterprises (SMEs) and put in place many measures to help them expand their business to international markets both within and beyond the EU, according to a new report by the European Court of Auditors. However, these measures sometimes Read more about EU support to help small businesses go international needs better management and visibility[…]

Charging ahead: Europe’s quest to become a top global battery producer probed by EU auditors

The European Court of Auditors is launching an audit to find out whether the European Commission has been effective in developing a globally competitive and sustainable value chain for batteries in the EU and whether the projects supported in the Member States maximised the impact of EU funding. The audit comes against the backdrop of Read more about Charging ahead: Europe’s quest to become a top global battery producer probed by EU auditors[…]

EU rules on Distance Marketing of Consumer Financial Services

The European Commission has adopted a reform of the current EU rules on Distance Marketing of Consumer Financial Services, which govern financial services sold at a distance. The Proposal will strengthen consumer rights and foster the cross-border provision of financial services in the single market. This market has significantly evolved in light of the overall Read more about EU rules on Distance Marketing of Consumer Financial Services[…]

How people ability to learn from their successes and failures

Researchers from Cedars-Sinai’s Center for Neural Science and Medicine and Department of Neurosurgery have uncovered how signals from a group of neurons in the brain’s frontal lobe simultaneously give humans the flexibility to learn new tasks—and the focus to develop highly specific skills. Their research, published today in the peer-reviewed journal Science, provides a fundamental understanding of performance monitoring, Read more about How people ability to learn from their successes and failures[…]

EU and international partners put forward a Declaration for the Future of the Internet

The European Union, the United States, and several international partners have proposed a Declaration for the Future of the Internet, setting out the vision and principles of a trusted Internet. Partners support a future for the Internet that is open, free, global, interoperable, reliable and secure and affirm their commitment to protecting and respecting human Read more about EU and international partners put forward a Declaration for the Future of the Internet[…]

EU Health: European Health Data Space (EHDS)

1. What is the EHDS proposal about? Every second, doctors, nurses, pharmacists, researchers and health regulators all over the EU generate and use large numbers of essential healthcare data that are critical to their lifesaving work. Health data are the blood running through the veins of our healthcare systems. The COVID-19 pandemic has shown that up-to-date Read more about EU Health: European Health Data Space (EHDS)[…]

Intellectual property not fully protected in the EU

Intellectual property rights play a big role in a knowledge-based economy: they ensure that businesses and designers are able to profit from their creations. They also provide assurances to consumers in terms of quality and safety. But in a special report published today, the European Court of Auditors warns that the EU’s legal framework for Read more about Intellectual property not fully protected in the EU[…]

EU counters steel subsidies

The EU imposed anti-subsidy duties on imports of stainless steel cold-rolled flat products originating in Indonesia and also India. With Indonesia at the forefront, the EU is countering the highly trade-distorting export restrictions on key raw materials — linked also to Chinese financing. Additionally, the EU is taking action against preferential financing provided by China Read more about EU counters steel subsidies[…]

How prepared the EU’s governing entities are against cyber threats

The number of cyberattacks on EU bodies is increasing sharply. The level of cybersecurity preparedness within EU bodies varies and is overall not commensurate with the growing threats.  Since EU bodies are strongly interconnected, a weakness in one can expose others to security threats. This is the conclusion of a special report by the European Read more about How prepared the EU’s governing entities are against cyber threats[…]