Evgeniya Goethe

Striking the (reporting) balance Today, at the Schmalenbach-Gesellschaft für Betriebswirtschaft e.V. Tagung I had the pleasure of participating in a panel discussion about sustainability reporting and related developments from a political, regulatory and capital market perspective. In the vivid exchange with Alfred Wagenhofer , Kerstin Lopatta , Jenny Bofinger-Schuster , Sven Gentner and Stefan Asenkerschbaumer I had the opportunity to share some thoughts (details in the attached presentation, though in the conference language German): 1) Regulatory sustainability reporting is still having only a limited real world impact, given the lack of comparability within and across sectors and the required granularity of data. Complexity and costs for preparers are substantial. 2) Direct political action can have an more immediate effect on ESG matters. 3) Overlapping regulation on European and International level could lead to even higher efforts in sustainability reporting. In other areas like accounting, taxes or regulatory reporting we already face significant overlaps and multiple reporting. My dream would be one concise, internationally aligned and consistent set of reporting standards, allowing us to enjoy maximum positive impact with minimum bureauocracy costs. Thank you for inviting me. I took away many impulses and appreciated the exchange very much! #ESRS #Taxonomy #Sustainability #Reporting #ISSB

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Good news for all finance professionals. Interesting insights into the ascending demand for CMAs.

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AI has been a buzzword since the advent of ChatGPT, and in my hometown of Heilbronn, the ambitious Innovation Park Artificial Intelligence (IPAI) and the "AI Founders" incubator program by the Campus Founders Heilbronn have fostered much discussion about AI—often within the contexts of entrepreneurship and economic and city development. Ray Kurzweil's recently released book, "The SINGULARITY is NEARER - When we merge with AI," delves into the implications of AI developments for humanity over the coming years and decades from a broad, partly philosophical but also very practical and in his predictions very specific perspective. The book is scientifically written and understandable. Many of the developments predicted by the author in his first book, "The Singularity is Near," back in 2005, have since become reality. It is no wonder that Bill Gates is quoted on the book cover as saying: "Ray Kurzweil is the best person I know at predicting the future of artificial intelligence." I highly recommend this book to anyone interested in the topic. It offers fascinating insights into the most important technological development of our time and, in my opinion, of all time. #AI #CampusFounders #IPAI #RayKurzweil #TheSingularityisNearer #Heilbronn

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New rules, new tools: Quo vadis with Pillar I - #AmountB Sven-Eric Bärsch, Dr. Sven Kluge and I have developed in cooperation with LeitnerLeitner Austria an automated solution tool for Amount B. #PillarOne - Amount B overlaps traditional transfer pricing systems and methods. A multi-stage case review is required to determine whether and how existing systems should be adapted to the new methodology. For this purpose, we have developed an innovative solution to enable the efficient management of transfer prices under the new requirements already incorporated in the #OECD Transfer Pricing Guidelines. The tool checks Amount B‘s scope for the Tested Party in a user-friendly way and automatically determines the final transfer pricing range. 🇩🇪 Live demo on June 17, 2024. Please refer to the info below. 🌍 If you are interested in the tool, please contact us. #OECDTAX #transferpricing #FlickGockeSchaumburg

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