What is FRS 101? FRS 101 is a framework that allows qualifying subsidiaries to benefit from a reduced disclosure requirement in their individual financial statements. This means that these entities can provide less information in their financial statements, while still complying with accounting standards. The reduced disclosure framework is available to subsidiaries that meet certain criteria, and it can help … Read More

Leaders in APAC: Adopting AI to prosperHLB Survey of Business Leaders 2024 Resilient growth amidst varied confidence The APAC region has delivered a strong recovery post-pandemic, with rapid economic expansion of domestic products and services consumption after lifting COVID restrictions. 82% of APAC leaders feel confident in their own ability to grow their revenues this year. However, confidence levels have … Read More

A global perspective on the economic responses to the pandemic By Tom Reck; Partner, Withum (HLB USA) The COVID-19 pandemic shook the world with unprecedented force, leading to immediate but varying damage across countries. Unfolding as an economic, social, and health crisis with severe ramifications, it has plunged the world towards a global recession. Four years later, businesses are seeking … Read More

Raising the bar: How SMEs can excel in climate reporting and accountability By Connect Earth; HLB Affinity partner As we acknowledge and celebrate Earth Day this year, it’s a pivotal moment to reflect on the integral role small and medium-sized enterprises (SMEs) hold in the broader narrative of corporate responsibility. Today’s dynamic financial landscape necessitates the adoption of Environmental, Social, … Read More

Are you concerned about cybersecurity but can’t hire a full-time CISO? A vCISO is the solution! First, you must know that a CISO (Chief Information Security Officer) is the person who leads security policies and standards in an organization. It´s a remarkable role in relation with data protection and the prevention of cyber threats, highly demanded by companies nowadays. In … Read More

Fostering economic stability and growth in Costa RicaHLB FDI Insights Over the past 25 years, Costa Rica has made commendable progress, including resuming growth post-COVID-19. However, the path to sustainable economic growth remains fraught with challenges. Economic resilience is bolstered by exports, as domestic consumption is currently weakened by inflation and high unemployment levels.  Significantly, the composition of Costa Rica’s … Read More

LATAM: Business confidence, driven by innovation and AI

Investing in Brighter futuresGlobal Annual Review 2023 What a year 2023 has been! Whilst navigating through a challenging business landscape, we witnessed the emergence of the biggest technological advancement of our time, Generative Artificial Intelligence (AI). As business leaders regained their confidence, hope and optimism for future growth and prosperity increased. HLB stands stronger and more resilient than ever. With … Read More

Is optimism waning? Business Services Sector Outlook

Emerging tech and cautious optimism: Real Estate Sector Outlook