Almost all finance leaders in Singapore are concerned about the integrity and reliability of nonfinancial data used for corporate reporting, EY reported. In its report, EY said issues such as data inconsistencies and formatting challenges are prevalent, with 43% of Singapore finance leaders citing inconsistencies and 30% reporting difficulties related to data formats. Investor confidence in corporate reporting is also increasingly tied to the potential of artificial intelligence (AI), wherein 60% of Singapore investors believe AI could enhance data credibility and accuracy, whilst 51% think AI could be instrumental in identifying discrepancies in reporting.   https://sbr.com.sg/financial-services/news/most-finance-leaders-worry-about-nonfinancial-data-integrity-ey (ICE SINGAPORE)

Fonte notizia: Singapore Business Review, 24 January 2025