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Contents


how partnering with cloud services could be one way of fighting cybercrime long-term.


On page 27


HighRadius: Full steam ahead with AR automation


Globalisation


37 What shall we lease? The transition to the new leasing standard IFRS 16 brought challenges for many businesses – a situation complicated by the Covid-19 pandemic. Jim Banks speaks to the International Financial Reporting Standards Foundation (IFRS) and Professor Thorsten Sellhorn from the European Accounting Association to discuss how those problems have been surmounted and how they will inform the future of reporting standards.


Risk management 40 A united front


Cybercrime is one of the greatest threats to businesses and individuals,


FDI


42 Foreign investment in an uncertain future


Foreign direct investment (FDI) has never really recovered from its peak before the 2007 financial crisis – yet the extent to which investment has collapsed over the past year is still shocking. With confidence shot, and vaccine roll-out slow across much of the world, the situation doesn’t look much better going forward either. Andrea Valentino chats to Terry Toland at Kearney’s Global Business Policy Council, about the huge consequences of the pandemic on FDI, what it means for input and output countries, and how focussing on environmentalism might re-emerge as a key driver.


with cybersecurity becoming increasingly at risk since the start of the Covid-19 pandemic – particularly with so many businesses operating from home. Jim Banks speaks to Jeremy Jurgens, managing director of the WEF and head of its Centre for Cybersecurity, to find out how the world can respond.


Human capital


45 AI: powering recruitment From candidate screening to video interviewing, artificial intelligence is extending its reach into every part of the recruitment process. With the help of governance expert Alex Engler, AI data and democracy fellow at the Brookings Institution, and Kevin Parker, CEO of AI recruitment platform provider HireVue, Jim Banks explores the appeal of the technology across the board, to both HR and finance teams.


Fleet & mobility


48 The drive towards electric vehicles With climate change at the top of the political agenda, and governments across the planet setting increasingly ambitious carbon emissions targets, the need for companies to transition from fossil fuels to green alternatives has never been greater. Amid these broader transitions, it’s clear that company fleet operators are part of the solution. Martin Morris chats to Steve Winter, head of fleet at British Gas, to find out more.


45 Finance Director Europe / www.ns-businesshub.com 5


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