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The article emphasises the importance of certainty in accounting for insurance proceeds, particularly in uncertain times like the COVID-19 pandemic. It discusses the criteria for recognising reimbursement assets under FRS 102, cautioning against premature recognition without virtual certainty of receipt from the insurer.

Striving for diversity and inclusion in hiring practices is essential for modern organisations. By setting clear goals, rethinking recruitment strategies, crafting inclusive job descriptions, and fostering inclusion beyond hiring, companies can drive innovation and success.

Effective leadership in modern business is about inspiring teams beyond task management. It involves setting a clear vision, leading by example, empowering, communicating, recognising contributions, and fostering continuous learning to drive teams towards success.

International Women's Day celebrates women's achievements and calls to break bias. Despite progress, challenges persist, emphasising the need for collective action to empower women and achieve gender equality.

Venture capital investment in emerging industries offers growth and profitability opportunities. It funds startups in diverse sectors like clean energy, fintech, healthcare, and AI. Investors must assess market potential, team expertise, technology uniqueness, and exit strategies for success in this dynamic landscape.

In Budget 2024, self-employed National Insurance Contributions (NICs) were reduced to 6%, along with a further 2p cut in the main rate of NICs. The changes, effective from April 6, 2024, save an average self-employed person around £650 annually, benefiting various income brackets.