Like most other sectors, auditing is also evolving under the influence of digitalization, the ever-increasing volume of data, and the development of artificial intelligence. However, despite technological advancements, the pivotal role remains with people—their knowledge, experience, and ability to exercise professional judgment.

The new standard, IFRS 18, introduces significant changes in how entities present their financial performance. Its application is mandatory for annual reporting periods beginning on or after 1 January 2027. 

The latest edition of Grant Thornton’s global research, Women in Business 2026, highlights one key message: the visibility of women in leadership is not only a matter of equality—it is also a driver of business success.

Generative AI (GenAI) is no longer just a buzzword - it’s reshaping how businesses operate. Yet private companies are still playing catch-up. According to Grant Thornton’s survey of over 550 global business leaders, only 57% of private companies have adopted GenAI, compared with 80% of public companies. This gap puts private firms at a disadvantage as competitors leverage AI to enhance customer experiences, streamline operations, and generate new revenue streams.

The CISOs (Chief Information Security Officer) needs to be part of the leadership team that drives your business. However, in many organizations today, this is not the case - putting both the organization and individual roles at risk.

New research from Grant Thornton reveals that without immediate action, gender parity in leadership positions will not be achieved until 2051. This stark reality underscores the urgency of addressing gender inequality.