Claire Grayston FCPA

Claire Grayston FCPA

Claire advises on audit and assurance policy for CPA Australia, having previously written auditing and assurance standards and guidance for the AUASB for longer than seems feasible. In her previous life Claire was a forensic accountant, which provides good dinner conversation when mention of audit makes eyes glaze over and arguably provides her with an edge on professional scepticism. Claire is interested in the future of audit and how it will evolve to stay relevant but is confident it will.

It is imperative that auditors obtain the input of experts who can assess the impact of both physical and transition climate-related risks.

Accounting for climate risk is now the auditor's business


Recent court cases are a stark warning to SMSF auditors, after a court found a second auditor responsible for a lion's share of SMSFs losses.

SMSF auditors under renewed scrutiny


Before taking steps to fix audit quality, it needs to be reliably and consistently measured, in a comparable manner.

Audit quality: is it time for a different approach?


Conducting a quality SMSF audit demands sufficient time, resources and access to relevant expertise.

Your essential SMSF auditor checklist


New requirements in the Code of Ethics for professional accountants ensures practitioners respond in a timely way.

Why you can’t turn a blind eye to non-compliance by a client


Audit trends: When are auditors raising concerns? INFOGRAPHIC


The option to conduct a review instead of an audit, even if allowed under relevant legislation, depends on the entity’s constitution.

Review or audit? Help your clients understand the difference.


Auditors need training and experience to recognise red flags that should trigger distrust and call for investigation.

Are you distrusting enough to be a great auditor?