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The latest news and research from CRAFiC.
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Reflections from the CRAFiC workshop

In June Sheffield University Management School hosted a CRAFiC workshop bringing together leading researchers to explore how AI is transforming finance and accounting. Here we share some reflections from the day.
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Audit costs for English councils more than tripled from 2022/23 to 2023/24

English Councils are now charged more than double Welsh and Scottish Councils per hour of additional audit work. In their new report, the Audit Reform Lab calls on Labour to beef up its plans for local audit regulation.
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Voluntary Local Review report published following knowledge transfer partnership with Basildon Borough Council

Dr Abi O'Connor.

Dr Abi O’Connor joins CRAFiC through the Leverhulme Early Career Fellowship scheme

Abi O’Connor will join Sheffield University Management School’s Centre for Research into Accounting and Finance in Context to research a project titled ‘Following urban assetisation: a comparative theory of local state restructuring’.
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Are UK companies strong enough for coronavirus?

Research from Professor Adam Leaver and colleagues has found that over a quarter of FTSE 100 companies spent more on shareholder distributions than they generated in net income in the last available accounting year.
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The rise of the chief value officer

Speaking at the 2020 Finance Indaba Network, Professor Jill Atkins advocated for a extinction accounting framework.
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Can solar panels McMagic away fast food’s dirty emissions?

Professor Jill Atkins discusses McDonald's sustainability plans.
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Shareholder payouts higher than net profits for one in four FTSE 100 firms

More than a quarter (28 per cent) of FTSE 100 companies spent more on shareholder distributions than they generated in net income in their last available accounting year, according to new research led by the University of Sheffield.